Global Power Distribution Automation Components Market 2017-2021

Global Power Distribution Automation Components Market 2017-2021

About Power Distribution Automation Components

Power distribution automation components are utilized in power distribution across the regions. These components increase the operational efficiency and are used for various applications such as relays, circuit breakers, fuses, automated switches, reclosers, communication enabling devices, SCADA, live monitoring systems, and smart meters.

Global power distribution automation components market discusses the application of power distribution automation components in the industrial, commercial and residential sectors. It includes switching and protecting components, monitoring devices, and measuring devices in EMEA, the Americas, and APAC.

Technavio’s analysts forecast the global power distribution automation components market to grow at a CAGR of 6.20% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global power distribution automation components market for 2017-2021. To calculate the market size, the report considers the new installations, sales, value and retrofit, replacement, aftermarket services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Power Distribution Automation Components Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • EATON
  • Schneider Electric
  • Siemens
  • Grid Solutions
Other prominent vendors
  • Larsen & Toubro
  • G&W Electric
  • S&C Electric Company
  • Kalkitech
Market driver
  • Increasing investment in smart grids
  • For a full, detailed list, view our report
Market challenge
  • High upfront cost
  • For a full, detailed list, view our report
Market trend
  • Emergence of IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Power Distribution Automation Components Market 2017-2021

Technavio recognizes the following companies as the key players in the global power distribution automation components market: ABB, EATON, Schneider Electric, Siemens, and Grid Solutions

Other Prominent Vendors in the market are: Larsen & Toubro, G&W Electric, S&C Electric Company, and Kalkitech.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of IoT. IoT is the next generation technology for all the end-user applications owing to its superior advantages in the connectivity. In 2016, IoT already commercialized to a degree in the factory, thereby bringing an industrial revolution with the concept of Industry 4.0. The accompanying global digitalization is growing rapidly across the world and involves components that can identify and transmit conditional information. In addition to this, IoT is further simplifying the connectivity techniques with the use of IPv6-based Protocol addressing systems. In addition, the interoperability and data readability issues find a better solution with the advent of IoT.”

According to the report, one of the major drivers for this market is Increasing investment in smart grids. Rising population and urbanization increased the demand for electricity over the past years and is expected to increase further in the coming years. According to the US Energy Information Administration, electricity generation in the world is expected to increase 69% by 2040 from 25.8 trillion kWh in 2020 to 36.5 trillion kWh in 2040, electricity being the highest growing form of energy consumption.

Further, the report states that one of the major factors hindering the growth of this market is High upfront cost. Power distribution automation components involve many expensive components to be employed with smart grids. Thus, new or retrofit projects are required to be installed with expensive sensors, automated relays, automated circuit breakers, and other monitoring and measuring equipment that involve huge capital. Similarly, modernization of switchgear further needs the plant devices to configure through highly expensive sensors and energy meters. Therefore, no electricity suppliers accept a major upgrade or new project without a long-term project scope and justified investment scenario.

Companies Mentioned

ABB, EATON, Schneider Electric, Siemens, Grid Solutions, Larsen & Toubro, G&W Electric, S&C Electric Company, and Kalkitech.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Benefits of distribution automation solutions
  • Market landscape
    • Market overview
      • Table Global power distribution automation components market overview
    • Market size and forecast
      • Table Global power distribution automation components market 2016-2021 ($ billions)
      • Table Product lifecycle of the global power distribution automation solutions market in developing and developed countries 2016 and 2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by components
    • Market overview
      • Table Segmentation of the global power distribution automation components market by components (% share)
    • Global power distribution automation components market by switching and protecting components
      • Table Global power distribution power automation components market by switching and protecting components 2016-2021 ($ billions)
    • Global power distribution automation components market by monitoring devices
      • Table Global power distribution automation components market by monitoring devices 2016-2021 ($ billions)
      • Table Benefits of implementing monitoring devices:
    • Global power distribution automation components market by measuring devices
      • Table Global power distribution automation components market by measuring devices 2016-2021 ($ billions)
      • Table Advantages of smart meters
  • Market segmentation by end-user
    • Market overview
      • Table Global power distribution automation components market by end-user 2016 and 2021 (% share)
    • Global power distribution automation components market in the industrial sector
      • Table Global power distribution automation components market in the industrial sector 2016-2021 ($ billions)
    • Global power distribution automation components market in the commercial sector
      • Table Global power distribution automation components market in the commercial sector 2016-2021 ($ billions)
    • Global power distribution automation components market in the residential sector
      • Table Global power distribution automation components market in the residential sector 2016-2021 $ billions)
  • Geographical segmentation
    • Market overview
      • Table Segmentation of the global power distribution automation components market by geography (% share)
    • Power distribution automation components market in EMEA
      • Table Power distribution automation components market in EMEA 2016-2021 ($ billions)
      • Table Key facts related to power distribution automation components deployment in Europe
    • Power distribution automation components market in the Americas
      • Table Power distribution automation components market in the Americas 2016-2021 ($ billions)
    • Power distribution automation components market in APAC
      • Table Power distribution automation components market in APAC 2016-2021 ($ billions)
      • Table Key investments in APAC in power distribution automation components
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Difference between conventional power distribution components and automation distribution components
    • Market challenges
  • Market trends
    • Emergence of IoT
      • Table Pros and cons of IoT
    • Increasing demand for renewable energy
      • Table Forecast of installation of renewable electricity
    • Deployment of smart meters
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB's business segments
      • Table ABB's business strategy
      • Table ABB's products offering
      • Table ABB's recent development
    • EATON
      • Table Business groups
      • Table EATON's business strategy
      • Table EATON's offered products
      • Table EATONS's recent development
    • Schneider Electric
      • Table Schneider Electric: Business segments
      • Table Schneider Electric: Business strategy
      • Table Schneider Electric's products offering
      • Table Schneider Electric's recent developments
    • Siemens
      • Table Business segments of Siemens
      • Table Siemens: Business strategy
      • Table Siemens product offerings
      • Table Siemens's recent developments
    • Grid Solutions
      • Table Grid Solutions: Business strategy
      • Table Grid Solutions products offering
      • Table Grid Solutions' recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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