
Distribution Automation Market
Description
Distribution Automation Market
Growth Factors of Distribution Automation Market
The Distribution Automation market size was valued at USD 13.46 billion in 2023, and the market is now projected to grow from USD 14.43 billion in 2024 to USD 25.87 billion by 2032, exhibiting a CAGR of 7.64% during the forecast period of 2024-2032.
Advent of the novel Coronavirus has aggravated the worldwide distribution automation market growth extremely, which causes considerable income misfortunes. Robotization innovation suppliers and gadget producers confront numerous challenges, counting getting crude materials & components required for generation, which has postponed the conveyance of items. Besides, strict lockdown control has affected the generation offices over the globe.
The web of things is in rapid phase of expediently developing and is one of the crucial advancements that have transformed the manner people work and lead a life. With the multiplication and rise of associated gadgets and the Web IoT has ended up an overwhelming constrain in numerous businesses, counting healthcare, fabricating, transportation. Here are a few of the improvements in IoT that have formed the current scene. One of the foremost vital progressions in IoT is the improvement of edge computing. Edge computing permits gadgets to handle information locally without a cloud connection. This empowers speedier handling, way better security, and brings down the fetched of IoT devices. The modern logical headways in IoT and communication gadgets are anticipated to impel the request for DAS innovation.
A worldwide increment in demand for electricity and network frameworks is anticipated to disclose new openings for the showcase. The requirements for vitality proficiency, moment blame discovery, and assurance within the supply organize will stimulate the innovation request. Moreover, developing request from private, commercial, and mechanical segments and developing disseminated vitality era, particularly over the developing economies, will make modern prospects for expanded innovation selection.
Comprehensive Analysis of Distribution Automation Market
Industrial segment of the distribution automation marketplace is being bifurcated into two types that are based on utility, including public utility and private utility. The part public utility division is anticipated to witness a significant rise owing to the expanding number of freely possessed electric utilities over the globe. The industry is classified into field gadgets, computer program, and administrations based on components. The field gadgets portion is anticipated to hold a noteworthy parcel of the worldwide advertise due to field devices' expanding arrangement in these frameworks.
The distribution automation market share in the Asia Pacific continent is governed to be the dominating region with a valuation of USD 5.05 billion. The region is anticipated to see a high request for DA arrangements due to expanding speculations in smart network ventures. The area's noteworthy development comes from nations such as Japan, China, and Australia. In expansion, components such as widely spreading industrialization and rising development towards clean vitality to meet developing vitality needs are anticipated to improve the region's market development emphatically.
Market globally is altogether competitive, with a few players effectively working in these frameworks. The industry members emphasize propelling unused gadgets such as blame pointers, savvy transfers, computerized feeder reclosers, mechanized capacitors, and voltage controllers to improve client reach. Moreover, the organizations are concentrated on entering into mergers and acquisitions to grow their technological horizons. Few of the major operating market players are ABB (Switzerland), Siemens (Germany), GE (U.S.), Toshiba (Japan), Eaton (Ireland), Hitachi (Japan), Mitsubishi Electric (Japan), Hubbell (U.S.), Itron (U.S.), G&W Electric Co. (U.S.) S&C Electric Company (U.S.) and many more.
The month on November 2023, the company Hitachi Energy declared that it has got an arrangement from the Transmission and Conveyance IT & OT Frameworks LLC for a total set of the next-generation across the country stack dispatching framework. The System is being sent by Transmission and Distribution IT & OT Systems LLC, a joint wander built up in September 2023 by 10 residential control transmission and conveyance companies, which are common transmission and dissemination companies.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.64% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Utility
- Private Utility
- Public Utility
- Field Devices
- Software
- Services
- North America (By Utility, By Component, By Country)
- U.S (By Utility)
- Canada (By Utility)
- Europe (By Utility, By Component, By Country)
- UK (By Utility)
- Germany (By Utility)
- France (By Utility)
- Russia (By Utility)
- Italy (By Utility)
- Spain (By Utility)
- Rest of Europe (By Utility)
- Asia Pacific (By Utility, By Component, By Country)
- China (By Utility)
- India (By Utility)
- Japan (By Utility)
- Australia (By Utility)
- Southeast Asia (By Utility)
- Rest of Asia Pacific (By Utility)
- Latin America (By Utility, By Component, By Country)
- Brazil (By Utility)
- Mexico (By Utility)
- Rest of Latin America (By Utility)
- Middle East and Africa (By Utility, By Component, By Country)
- GCC (By Utility)
- South Africa (By Utility)
- Rest of Middle East & Africa (By Utility)
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Table of Contents
190 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancements
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
- 4.6. Impact of COVID-19 on the Distribution Automation Market
- 5. Global Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Utility
- 5.2.1. Public
- 5.2.2. Private
- 5.3. Market Analysis, Insights and Forecast – By Component
- 5.3.1. Field Devices
- 5.3.2. Software
- 5.3.3. Services
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Utility
- 6.2.1. Public
- 6.2.2. Private
- 6.3. Market Analysis, Insights and Forecast – By Component
- 6.3.1. Field Devices
- 6.3.2. Software
- 6.3.3. Services
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S. Market Analysis, Insights and Forecast – By Utility
- 6.4.1.1. Public
- 6.4.1.2. Private
- 6.4.2. Canada Market Analysis, Insights and Forecast – By Utility
- 6.4.2.1. Public
- 6.4.2.2. Private
- 7. Europe Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Utility
- 7.2.1. Public
- 7.2.2. Private
- 7.3. Market Analysis, Insights and Forecast – By Component
- 7.3.1. Field Devices
- 7.3.2. Software
- 7.3.3. Services
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK Market Analysis, Insights and Forecast – By Utility
- 7.4.1.1. Public
- 7.4.1.2. Private
- 7.4.2. Germany Market Analysis, Insights and Forecast – By Utility
- 7.4.2.1. Public
- 7.4.2.2. Private
- 7.4.3. France Market Analysis, Insights and Forecast – By Utility
- 7.4.3.1. Public
- 7.4.3.2. Private
- 7.4.4. Russia Market Analysis, Insights and Forecast – By Utility
- 7.4.4.1. Public
- 7.4.4.2. Private
- 7.4.5. Italy Market Analysis, Insights and Forecast – By Utility
- 7.4.5.1. Public
- 7.4.5.2. Private
- 7.4.6. Spain Market Analysis, Insights and Forecast – By Utility
- 7.4.6.1. Public
- 7.4.6.2. Private
- 7.4.7. Rest of Europe Market Analysis, Insights and Forecast – By Utility
- 7.4.7.1. Public
- 7.4.7.2. Private
- 8. Asia Pacific Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Utility
- 8.2.1. Public
- 8.2.2. Private
- 8.3. Market Analysis, Insights and Forecast – By Component
- 8.3.1. Field Devices
- 8.3.2. Software
- 8.3.3. Services
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China Market Analysis, Insights and Forecast – By Utility
- 8.4.1.1. Public
- 8.4.1.2. Private
- 8.4.2. India Market Analysis, Insights and Forecast – By Utility
- 8.4.2.1. Public
- 8.4.2.2. Private
- 8.4.3. Japan Market Analysis, Insights and Forecast – By Utility
- 8.4.3.1. Public
- 8.4.3.2. Private
- 8.4.4. Australia Market Analysis, Insights and Forecast – By Utility
- 8.4.4.1. Public
- 8.4.4.2. Private
- 8.4.5. Southeast Asia Market Analysis, Insights and Forecast – By Utility
- 8.4.5.1. Public
- 8.4.5.2. Private
- 8.4.6. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Utility
- 8.4.6.1. Public
- 8.4.6.2. Private
- 9. Latin America Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Utility
- 9.2.1. Public
- 9.2.2. Private
- 9.3. Market Analysis, Insights and Forecast – By Component
- 9.3.1. Field Devices
- 9.3.2. Software
- 9.3.3. Services
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil Market Analysis, Insights and Forecast – By Utility
- 9.4.1.1. Public
- 9.4.1.2. Private
- 9.4.2. Mexico Market Analysis, Insights and Forecast – By Utility
- 9.4.2.1. Public
- 9.4.2.2. Private
- 9.4.3. Rest of Latin America Market Analysis, Insights and Forecast – By Utility
- 9.4.3.1. Public
- 9.4.3.2. Private
- 10. Middle East & Africa Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Utility
- 10.2.1. Public
- 10.2.2. Private
- 10.3. Market Analysis, Insights and Forecast – By Component
- 10.3.1. Field Devices
- 10.3.2. Software
- 10.3.3. Services
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. GCC Market Analysis, Insights and Forecast – By Utility
- 10.4.1.1. Public
- 10.4.1.2. Private
- 10.4.2. South Africa Market Analysis, Insights and Forecast – By Utility
- 10.4.2.1. Public
- 10.4.2.2. Private
- 10.4.3. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Utility
- 10.4.3.1. Public
- 10.4.3.2. Private
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2023
- 11.2. Company Profile
- 11.2.1. Siemens
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Overall Revenue
- 11.2.1.4. Geographic Presence
- 11.2.1.5. Recent Development
- 11.2.2. Schneider Electric
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Overall Revenue
- 11.2.2.4. Geographic Presence
- 11.2.2.5. Recent Development
- 11.2.3. S&C Electric Company
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Overall Revenue
- 11.2.3.4. Geographic Presence
- 11.2.3.5. Recent Development
- 11.2.4. Eaton
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Overall Revenue
- 11.2.4.4. Geographic Presence
- 11.2.4.5. Recent Development
- 11.2.5. GE
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Overall Revenue
- 11.2.5.4. Geographic Presence
- 11.2.5.5. Recent Development
- 11.2.6. Mitsubishi Electric
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Overall Revenue
- 11.2.6.4. Geographic Presence
- 11.2.6.5. Recent Development
- 11.2.7. Schweitzer Engineering Laboratories (SEL)
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Overall Revenue
- 11.2.7.4. Geographic Presence
- 11.2.7.5. Recent Development
- 11.2.8. ABB
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Overall Revenue
- 11.2.8.4. Geographic Presence
- 11.2.8.5. Recent Development
- 11.2.9. G&W Electric Co.
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Overall Revenue
- 11.2.9.4. Geographic Presence
- 11.2.9.5. Recent Development
- 11.2.10. Toshiba
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Overall Revenue
- 11.2.10.4. Geographic Presence
- 11.2.10.5. Recent Development
- 11.2.11. Hubbell
- 11.2.11.1. Business Overview
- 11.2.11.2. Product & Service Offering
- 11.2.11.3. Overall Revenue
- 11.2.11.4. Geographic Presence
- 11.2.11.5. Recent Development
- 11.2.12. Hitachi
- 11.2.12.1. Business Overview
- 11.2.12.2. Product & Service Offering
- 11.2.12.3. Overall Revenue
- 11.2.12.4. Geographic Presence
- 11.2.12.5. Recent Development
- 11.2.13. Itron
- 11.2.13.1. Business Overview
- 11.2.13.2. Product & Service Offering
- 11.2.13.3. Overall Revenue
- 11.2.13.4. Geographic Presence
- 11.2.13.5. Recent Development
- 12.
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