Distribution Automation Market Share, Industry Demand, Growth Rate, SWOT Analysis, and Business Development by 2028
Posted on Jun 17 2022 4:26 AM
"Companies in the Distribution Automation Market are Siemens (Germany), Schneider Electric (France), S&C Electric Company (U.S.), Eaton (Ireland), GE (U.S.), Mitsubishi Electric (Japan), Schweitzer Engineering Laboratories (SEL) (U.S.), ABB (Switzerland), G&W Electric Co. (U.S.), Toshiba (Japan), Hubbell (U.S.), Hitachi (Japan), Itron (U.S.) "
The global distribution automation market size was USD 10.89 billion in 2020. The market is projected to grow from USD 11.63 billion in 2021 to USD 19.47 billion in 2028 at a CAGR of 7.6% in the 2021-2028 period.
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Key Industry Development:
July 2020: Schweitzer Engineering Laboratories (SEL) launched a system-hardening solution to improvise the security of electric power protection and control systems. With these solutions, Cyber Services will have the ability to evaluate the systems against NIST cybersecurity framework.
Distribution Automation Market Report Scope:
REPORT ATTRIBUTE | DETAILS |
---|---|
Market size available for years | 2021-2028 |
CAGR Value | 7.6% |
Base year considered | 2020 |
Historical data | 2017-2019 |
Forecast Period | 2021-2028 |
Quantitative units | Revenue in USD million and CAGR from 2021-20281 |
Segments Covered | Types, Applications, End-Users, and more. |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
Customization scope | Report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Industry Globalization Drivers:
Upgrade of Aging Power Stations to Bolster Market Growth
Rising demand for electricity and grid infrastructures is expected to open new revenue opportunities for the market during the forecast period. Increasing demand from residential, commercial, and industrial sectors and rising technological adaption will further increase the footprint of the market. Also, increasing instances of upgradation of power distribution systems will boost the growth of the market.
Impact of COVID-19 on Distribution Automation Market:
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.
Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Request Sample PDF
The study provides analysis on market participants including:
- Siemens (Germany)
- Schneider Electric (France)
- S&C Electric Company (U.S.)
- Eaton (Ireland)
- GE (U.S.)
- Mitsubishi Electric (Japan)
- Schweitzer Engineering Laboratories (SEL) (U.S.)
- ABB (Switzerland)
- G&W Electric Co. (U.S.)
- Toshiba (Japan)
- Hubbell (U.S.)
- Hitachi (Japan)
- Itron (U.S.)
Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Distribution Automation Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Distribution Automation Market.
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Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Detailed TOC of Global Distribution Automation Market Report 2022
- 1 Report Overview
- Research Scope
- Market Segment by Type
- Global Distribution Automation Market Size Growth Rate by Type
- Market Segment by Application
- Global Distribution Automation Market Share by Application
- 3.9 Others
- Study Objectives
- Years Considered
- Market Perspective
- Global Distribution Automation Market Size (2022-2028)
- Global Distribution Automation Market Revenue (2022-2028)
- Global Distribution Automation Market Sales (2022-2028)
- Global Distribution Automation Market Size across Key Geographies Worldwide:
- Global Distribution Automation Market Sales by Regions (2022-2028)
- Global Distribution Automation Market Revenue by Regions (2022-2028)
- Global Distribution Automation Market Size Forecast by Region
- Global Distribution Automation Market Sales Forecast by Region (2022-2028)
- Global Distribution Automation Market Revenue Forecast by Region (2022-2028)
- Global Top Distribution Automation Market Regions (Countries) Ranking by Market Size
- Distribution Automation Market Industry Trends
- Distribution Automation Market Trends
- Distribution Automation Market Drivers
- Distribution Automation Market Challenges
- Distribution Automation Market Restraints
- Competitive Landscape by Manufacturers
- Global Distribution Automation Market Size by Type
- Global Distribution Automation Market Size by Application
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Value Chain and Sales Channels Analysis
- Research Findings and Conclusion
- Appendix
- Global Distribution Automation Market Size (2022-2028)
Continued….
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