Distribution Automation Market Regional and Country Analysis -...

Distribution Automation Market Regional and Country Analysis - 2023-2030

Postado 2023-09-29 11:01:36

Market Research Future Insights:

During the forecast period of 2023-2030, the Distribution Automation Market is anticipated to grow at a 7.3% CAGR and reach a market size of USD 19.42 billion.

Distribution automation makes sure utility operations are optimised and directly raises the dependability of its power distribution system.

The main benefits of distribution automation are lower energy costs, increased dependability, efficient energy use, and postponed capital investments.

Key Players:

· Schweitzer Engineering Laboratories

· G&W Electric

· S&C Electric

· ABB

· Cisco

· Landis+Gyr

· General Electric Company

Drivers:

modernise the deteriorating distribution system, and boost the production of renewable energy

Upgrade old electricity distribution infrastructure and produce more renewable energy.

Energy efficiency protection is required

Power distribution networks' immediate defect detection.

Market Segmentation:

The distribution automation market is segmented into component, software & service and wired technology, utility type and region.

By Component

· Field Device

· Smart Meter

· Smart Sensor

· Smart Relay

· Smart Recloser

· Remote Fault Indicator

· Automated Capacitor

· Voltage Regulator

· Others

Software & Services

· Communication Technology

· Wireless Technology

· Cellular Network

· RF Mesh

· Others

Wired Technology

· Power Line Carrier (PLC)

· Ethernet

· Optic Fiber

· Others

By Utility Type

· Public Utility

· Private Utility

By Region

· North America

· Asia-Pacific

· Europe

· Middle East & Africa

· South America

Regional Analysis:

The distribution automation market size is divided into five geographical regions: South America, the Middle East and Africa, North America, Europe, and Asia-Pacific. During the projected period, North America is anticipated to have the highest market share and the market's fastest rate of expansion.

This is due to the crucial role that field devices play within the power distribution networks that are overseen by local utilities. Additionally, as a component of distribution automation, communication technologies offer a collaborative setting for controlling and monitoring real-time data from the control room.

Due to utilities' significant investments in increasing its grid and distribution network, Germany is anticipated to be the largest and fastest-growing country in Europe in the distribution automation industry.

Due to significant investments in creating technology for distribution automation purposes within the utilities, which will increase demand for distribution automation system products, Saudi Arabia is predicted to be the largest and the fastest-growing country in the Middle East and Africa in terms of the distribution automation market.

Because Brazil is one of the top countries concentrating on grid development projects while deploying utility communication technologies within the grid infrastructure, Brazil is anticipated to be the largest and fastest-growing country in South America in terms of the distribution automation market.

More Related Reports