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The distribution automation solutions market has the potential to grow by USD 5.15 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.16%. This distribution automation solutions market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The distribution automation solutions market report also offers information on several market vendors, including ABB Ltd., CG Power and Industrial Solutions Ltd., Cisco Systems Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hitachi Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., and Siemens AG among others. Furthermore, this report extensively covers market segmentation by solution (field devices, communication systems, and software and services), deployment (system-level and customer-level), and geography (APAC, North America, Europe, South America, and MEA).
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"APAC accounts for around 60% of the world's energy demand, and this demand is expected to rise to 7.17 million tons of oil equivalent by 2050"
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The aging power infrastructure and increasing power outage is notably driving the distribution automation solutions market growth, although factors such as lack of standardization may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the distribution automation solutions market industry get your FREE report sample now.
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This distribution automation solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The parent global electronics market includes manufacturers of communications equipment, technology hardware storage and peripherals, electronic equipment and instruments, electronic components, consumer electronics, and industrial electronics products, as well as electronic manufacturing services. The global electronic equipment and instruments market is expected to grow at a moderate pace. Growth in the global electronic equipment and instruments market will be driven by the following factors: Increasing demand for electronic test and measurement equipment. For instance, the demand for radiofrequency test equipment is rising in the automotive sector due to trends such as smart mobility and autonomous driving.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The distribution automation solutions market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the distribution automation solutions market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for distribution automation solutions market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Some of the major power demand countries in APAC focus on implementing automation and communication technologies to optimize power utilization and reduce the overall downtime, which will facilitate the distribution automation solutions market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Field devices such as remote fault indicators, smart relays, automated feeders switch and reclosers, and automated voltage regulators will help in protecting industrial equipment due to fluctuations in power, which will further boost the distribution automation solutions market growth. Stringent regulations for emissions and increasing automation of power distribution systems in Europe and the US will drive the deployment of these components. These factors are driving the distribution automation solutions market growth in the coming years.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the distribution automation solutions market size.
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Distribution Automation Solutions Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
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Market growth 2021-2025 |
USD 5.15 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.11 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
US, China, Japan, UK, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., CG Power and Industrial Solutions Ltd., Cisco Systems Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hitachi Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., and Siemens AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Solution
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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