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Distribution Automation Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

Distribution Automation Market Size, Share & Trends Analysis - Global...

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Distribution Automation Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030
Distribution Automation Market Size, Share...
Report Code
RO13/107/1968

Publish Date
23/Jun/2022

Pages
210
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The global distribution automation market size was US$ 9.1 billion in 2021. The global distribution automation market is forecast to grow to US$ 16.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.10% during the forecast period from 2022 to 2030. 
Distribution automation encompasses a set of intelligent processors, communication technologies, and sensors in order to monitor, control, protect and maintain the distribution network. Distribution automation is an integral part of the smart grid systems that offers several advantages, such as efficiency and reliability of operations to the users.

Factors Influencing the Market
The global distribution automation market is forecast to record substantial growth due to the rise in the share of a generation of renewable energy. Furthermore, the rising need to improve grid reliability and operational efficiency will also contribute to the growth of the distribution automation market during the forecast period. 
The growing range of investments aimed at upgrading old grid infrastructure will also prompt the adoption of the distribution automation market during the study period. In addition to that, the increasing number of advancements in technology aimed at lowering the cost of maintenance and offering high efficiency will offer ample growth opportunities for the market during the study period. 
On the contrary, lack of awareness related to distribution automation, majorly in underdeveloped and developing economies, may limit the growth of the distribution automation market during the analysis period.

COVID-19 Impact Analysis
The COVID-19 pandemic has had a staggering impact on the global distribution automation market, affecting almost every segment. Due to the pandemic, the demand for distribution automation reduced drastically from the end-users. The pandemic created various disruptions, hampering the overall demand-supply chain. Furthermore, the R&D activities were halted for a significant time, declining the opportunities for the market. As a result, the COVID-19 pandemic negatively affected the global distribution automation market.

Regional Analysis
The Asia-Pacific distribution automation market is forecast to emerge as the largest market in terms of region. It is majorly owing to the rising investments in distributed automation in smart grid projects. Furthermore, the rising number of government policies to drive toward clean energy sources will also benefit the distribution automation market during the study period.

Competitors in the Market
• General Electric Company
• Siemens AG
• ASEA Brown Boveri
• General Electric Company
• Schneider Electric SE
• Landis+Gyr
• Power System Engineering
• S&C Electric Company
• Cisco Systems, Inc.
• Xylem Inc.
• Other Prominent Players

Market Segmentation
The global distribution automation market segmentation focuses on Components, Communication Technology, Wired, Utility, and Region. 
By Component: 
• Field Devices
o Remote Fault Indicators
o Smart Relays
o Automated Feeder Switches
o Automated Capacitors
o Automated Voltage Regulators
o Automated Feeder Monitors
o Transformer Monitors
• Remote Terminal Units
• Software
• Services
By Communication Technology:
• Wireless 
o Radio Frequency Mesh
o Cellular Networks
o WiMAX
• Wired 
o Fiber Optic
o Ethernet
o Powerline Carrier
o IP
By Utility: 
• Public
• Private
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
 

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