Electric power distribution automation systems are digital systems that automate the distribution of electricity from power plants to end-users. These systems use sensors, communication technologies, and advanced analytics to monitor and control the flow of electricity in real-time. Electric power distribution automation systems can significantly improve the efficiency and reliability of the power grid by identifying and resolving potential issues before they cause power outages. The global electric power distribution automation systems market is likely to register a CAGR of over 6.32% with an incremental growth of USD 12.1 billion during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global electric power distribution automation systems market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the implementation, application, and region. The global market for electric power distribution automation systems can be segmented by implementation: substation automation, feeder automation, consumer side automation. The substation automation segment held the largest revenue share in 2022. Electric power distribution automation systems market is further segmented by application: industrial, commercial, residential, others. Among these, the industrial segment was accounted for the highest revenue generator in 2022. Based on region, the electric power distribution automation systems market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America captured the largest share of the market in 2022.
Market Segmentation
By implementation: substation automation, feeder automation, consumer side automation
By application: industrial, commercial, residential, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global electric power distribution automation systems market. Some of the leading players profiled in the report include ABB Ltd., Eaton Corporation, General Electric Company, Itron, Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Schweitzer Engineering Laboratories, Inc., Siemens AG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global electric power distribution automation systems market.
• To classify and forecast the global electric power distribution automation systems market based on implementation, application, region.
• To identify drivers and challenges for the global electric power distribution automation systems market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global electric power distribution automation systems market.
• To identify and analyze the profile of leading players operating in the global electric power distribution automation systems market.
Why Choose This Report
• Gain a reliable outlook of the global electric power distribution automation systems market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 6.32% |
| Pages | 85 |
| Key Players | ABB Ltd., Eaton Corporation, General Electric Company, Itron Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG |
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