Report Feature
Distribution Automation Trends and Forecast
The future of the global distribution automation market looks promising with opportunities in the public and private markets. The global distribution automation market is expected to reach an estimated $34.1 billion by 2030 with a CAGR of 11.9% from 2024 to 2030. The major drivers for this market are increasing demand for reliable electricity in remote areas and shift in demand from conventional power grids to smart grid infrastructures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Distribution Automation by Segment
The study includes a forecast for the global distribution automation by component, communication technology, utility, and region.
Distribution Automation Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Field Devices
• Software
• Services
Distribution Automation Market by Communication Technology [Shipment Analysis by Value from 2018 to 2030]:
• Wired Communication Technology
• Wireless Communication Technology
Distribution Automation Market by Utility [Shipment Analysis by Value from 2018 to 2030]:
• Public
• Private
Distribution Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Distribution Automation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies distribution automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the distribution automation companies profiled in this report include-
• ABB
• Schneider Electric
• Eaton
• Siemens
• General Electric
Distribution Automation Market Insights
- Lucintel forecasts that wireless communication technology is expected to witness the higher growth over the forecast period due to improved allocation of funds for the adoption of distribution automation technologies.
- Within this market, private will remain the larger segment due to increase in the number of private power utilities in the region.
- APAC is expected to witness highest growth over the forecast period due to rising investments for smart grids owing to growing demand of electricity from remote areas.
Features of the Global Distribution Automation Market
- Market Size Estimates: Distribution automation market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Distribution automation market size by component, communication technology, utility, and region in terms of value ($B).
- Regional Analysis: Distribution automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, communication technologies, utilities, and regions for the distribution automation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the distribution automation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the distribution automation market size?
Answer: The global distribution automation market is expected to reach an estimated $34.1 billion by 2030.
Q2. What is the growth forecast for distribution automation market?
Answer: The global distribution automation market is expected to grow with a CAGR of 11.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the distribution automation market?
Answer: The major drivers for this market are increasing demand for reliable electricity in remote areas and shift in demand from conventional power grids to smart grid infrastructures.
Q4. What are the major segments for distribution automation market?
Answer: The future of the distribution automation market looks promising with opportunities in the public and private markets.
Q5. Who are the key distribution automation market companies?
Answer: Some of the key distribution automation companies are as follows:
Answer: Lucintel forecasts that wireless communication technology is expected to witness the higher growth over the forecast period due to improved allocation of funds for the adoption of distribution automation technologies.
Q7. In distribution automation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising investments for smart grids owing to growing demand of electricity from remote areas.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
Q2. What is the growth forecast for distribution automation market?
Answer: The global distribution automation market is expected to grow with a CAGR of 11.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the distribution automation market?
Answer: The major drivers for this market are increasing demand for reliable electricity in remote areas and shift in demand from conventional power grids to smart grid infrastructures.
Q4. What are the major segments for distribution automation market?
Answer: The future of the distribution automation market looks promising with opportunities in the public and private markets.
Q5. Who are the key distribution automation market companies?
Answer: Some of the key distribution automation companies are as follows:
• ABB
• Schneider Electric
• Eaton
• Siemens
• General Electric
Q6. Which distribution automation market segment will be the largest in future?Answer: Lucintel forecasts that wireless communication technology is expected to witness the higher growth over the forecast period due to improved allocation of funds for the adoption of distribution automation technologies.
Q7. In distribution automation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising investments for smart grids owing to growing demand of electricity from remote areas.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
