Distribution automation is a smart grid technology deployed on power distribution system and substations to enhance electricity supply services. Growing adoption of Internet of things and connected devices across energy and utility sector demand for distribution automation systems, solutions and services is increasing at a significant pace. Additionally, introduction of favorable government regulations and initiative to deploy smart grid technology is expected to boost market growth over the forecast period. Other major factors such as enhance energy efficiency, reduction in long term maintenance and operational cost and real-time troubleshooting is fueling growth of the distribution automation market across the globe. However, high cost of deployment is hampering growth of the market in developing regions such as Latin America and Africa. Also, lack of awareness in these region is anticipated to impede adoption of distribution automation systems and solutions to certain extent.
Report Scope
This report analyzes the global distribution automation market in terms of type, hardware, end user, and geography. The global distribution automation market has been segmented based on type into hardware, software and service. By hardware, the market is bifurcated into monitoring and control device, power quality control device, and power switching control device. On the basis of end user, the global distribution automation market is segmented into industrial sector, commercial sector, residential sector. The global distribution automation market covers major geographies such as North America, Europe, Asia Pacific, and Rest of World.
The distribution automation market is consolidated in nature, with top 4 players constituting over 50% share of the overall market revenue. High capital requirement and technological expertise act as entry barriers for the new players eyeing to enter the distribution automation market. Acquisition and strategic partnership are major strategies followed by key vendors operating in the market to enhance market share and strengthen existing product portfolio. Some of the prominent players identified in the distribution automation market are ABB Ltd., Alstom Group, Duke Energy Corporation, Edison Electric Institute, General Electric Corporation, Schweitzer Engineering Laboratories, Inc., Schneider Electric SA, Siemens Automation Inc., Schneider Electric SA, Tennessee Valley Authority and Nissin Electric Company Ltd.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global Distribution Automation Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global distribution automation market.
Target Audience
USP and Key Offerings
The report titled “Global Distribution Automation Market- Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” offers strategic insights into the global Distribution Automation market along with the market size and estimates for the duration 2019 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, hardware and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading distribution automation system vendors, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global distribution automation market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above-mentioned factors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Distribution Automation market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Type
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Hardware
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End User
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
