Distribution automation can be defined as the evolution of control technologies that help in optimizing and improving the electricity distribution and reliability of overall power distribution network. It is a smart grid technology that can be employed in the power distribution system of local power lines and neighborhood substations. The distribution automation allows individual devices to sense the operating conditions of the grid and make necessary adjustments to the overall power flow, which optimizes performance and reduces the outage time.
Scope of the Report:This report studies the Distribution Automation Solutions market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Distribution Automation Solutions market by product type and applications/end industries.
Benefits such as the reduced cost and maintenance by using distribution automation solutions is one of the primary drivers for market growth. Due to the extended outage time and longer traveling distance, the electricity companies have started integrating distributionÊautomationÊsolutions to counter these issues with lesser costs. The extended outage time results in losing revenue for electricity service providers, such as losing the contract for projects and unable to charge a premium price. Moreover, electricity companies also spend a large sum of revenue in the replacements of faulty devices due to the lack of maintenance at various locations. The deployment of distribution automation will lead to low outage time, shorter transit time and distance, and less overall maintenance requirements.
The global distribution automation solutions market is dominated by key players who hold a market share of more than 70%. These players in the market are expected to observe intense competition from the developing players based on price and type of solutions. Moreover, the key players are constantly trying to retain the market share by raising their operational efficiency and expanding their solutions offering. During the forecast period, the major players will post significant growth through extensive product and service offerings.
Owing to developments in the construction sector and the rising adoption of energy-efficient products to lower the overall energy consumption in the building and industrial sectors, EMEA will account for the major share of this distribution automation market size. Moreover, the increasing adoption of IoT and telecom infrastructure in Europe and the Middle East will also result to the growth of the distribution automation solutions market in EMEA during the forecast period.
The global Distribution Automation Solutions market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Distribution Automation Solutions.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers ABB
Grid Solutions
S&C Electric Company
Schneider Electric
Siemens
Atlantic City Electric
Eaton
G&W Electric
Kalkitech
Kyland
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers System-level distribution automation solutions
Customer-level distribution automation solutions
Market Segment by Applications, can be divided into Industrial
Commercial
Residential
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
