Emerging Opportunities in the Distribution Automation Market (2023-2029)
Distribution Automation Market is expected to reach US$ 19.54 Bn by 2029, with a CAGR of 7.6% between 2023 and 2029.
Distribution Automation Market Overview:
This study categorises the Distribution Automation market in order to anticipate revenues and analyse trends in each of the sub-markets listed below.
The Competition Strategic Window investigates the competition landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their strengths and future growth possibilities.
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Distribution Automation Market Scope:
The Distribution Automation Industry research provides readers with a more in-depth insight of the market and competitive landscape, helping them to make better decisions on market growth and expansion. The study includes a participant summary, revenue figures, capital investment, and worldwide Distribution Automation market growth rates.
Distribution Automation Market Segmentation:
Utility-wise, the public utility sector is anticipated to lead the distribution automation market in 2022. It is also anticipated to grow at the fastest rate during the forecast period because of government incentives offered to public utilities and the rising number of publicly owned electric utilities nationwide. It is anticipated that this will improve the public utility market overall.
1 Global Distribution Automation Market, by Component (2022-2029)
• Field Device
• Software & Services
• Communication Technology
2 Global Distribution Automation Market, by Utility (2022-2029)
• Public Utility
• Private Utility
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Distribution Automation Market Key Players: The key players are
1. Siemens AG
2. ABB
3. General Electric Company
4. Schneider Electric SE
5. Landis+Gyr
6. Power System Engineering
7. S&C Electric Company
8. Cisco Systems, Inc.
9. Xylem Inc.
10. Eaton
11. Itron
12. Hubbell
13. CE Power Engineered Services
14. G&W Electric
15. Beckwith Electric
16. Toshiba
17. Mitsubishi Electric
18. Minsait ACS
19. Ingeteam
20. Kalkitech
21. Trilliant Holdings
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Distribution Automation Market Regional Analysis:
The Distribution Automation market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Distribution Automation market share and will continue to be a major shareholder in the global Distribution Automation market.
COVID-19 Impact Analysis on Distribution Automation Market: The COVID-19 impact on the Distribution Automation market is also included in the report
Key Questions Answered in the Distribution Automation Market Report are:
- What will be the CAGR of the Distribution Automation market during the forecast period?
- Which segment emerged as the leading segment in the Distribution Automation market?
- Which are the prominent players in the Distribution Automation market?
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