Rise in generation of renewable energy is leading to rise in the distribution automation system globally during forecast period. In the total energy mix, the share of renewables is increasing, driving the global Distribution Automation market up significantly. Besides, it has been noted that existing infrastructure is ageing and as that demands for an upgrade, it is good news for the distribution automation market all the way.
MARKET DYNAMICS
Communication technologies are experiencing revolutionary advancement and so is Internet of Things (IoT), which is a solid foundation to build the future of automation on as it has the capacity of smoothening creases from planning, processes and outcomes. Besides, precision and accuracy will improve with further rise in the field. Also, as advancement in technology leads to lower maintenance cost and high efficiency, market for the distribution automation will only see a higher upward curve over the forecast period.
MARKET SCOPE
The Global Distribution automation Market Analysis to 2028? is a specialized and in-depth study of the distribution automation market with a special focus on the global market trend analysis. The report aims to provide an overview of distribution automation market with detailed market segmentation by component, communication technology, and utility. The global distribution automation market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading distribution automation market player and offers key trends and opportunities in the distribution automation market.
MARKET SEGMENTATION
The global distribution automation market is segmented on the basis of component, communication technology, and utility. On the basis of component, market is segmented as field services, software, and services. On the basis of communication technology, market is segmented as Wired Communication Technology, and Wireless Communication Technology. On the basis of utility, market is segmented as public utility, and private utility.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global distribution automation market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The distribution automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting distribution automation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the distribution automation market in these regions.
MARKET PLAYERS
The reports cover key developments in the distribution automation market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from distribution automation market are anticipated to lucrative growth opportunities in the future with the rising demand for distribution automation market. Below mentioned is the list of few companies engaged in the distribution automation market.
The report also includes the profiles of key distribution automation market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Schneider Electric
- Eaton
- XYLEM
- Siemens AG
- ITRON
- Hubbell
- Toshiba
- Mitsubishi Electric
- GE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.