Market Research Future Insights:
The global Distribution Automation Market will attain a global CAGR of 7.3% during the ongoing forecast period of 2022-2030. Distribution automation makes sure utility operations are optimised and directly raises the dependability of its power distribution system.
The main benefits of distribution automation are lower energy costs, increased dependability, efficient energy use, and postponed capital investments.
Key Players
- Schweitzer Engineering Laboratories
- G&W Electric
- S&C Electric
- ABB
- Cisco
- Landis+Gyr
- General Electric Company
Drivers:
modernise the deteriorating distribution system, and boost the production of renewable energy
Upgrade old electricity distribution infrastructure and produce more renewable energy.
Energy efficiency protection is required
Power distribution networks' immediate defect detection.
Market Segmentation:
The distribution automation market is segmented into component, software & service and wired technology, utility type and region.
By Component
Field Device
Smart Meter
Smart Sensor
Smart Relay
Smart Recloser
Remote Fault Indicator
Automated Capacitor
Voltage Regulator
Others
Software & Services
Communication Technology
Wireless Technology
Cellular Network
RF Mesh
Others
Wired Technology
Power Line Carrier (PLC)
Ethernet
Optic Fiber
Others
By Utility Type
Public Utility
Private Utility
By Region
North America
Asia-Pacific
Europe
Middle East & Africa
South America
Regional Analysis:
The distribution automation market is divided into five geographical regions: South America, the Middle East and Africa, North America, Europe, and Asia-Pacific. During the projected period, North America is anticipated to have the highest market share and the market's fastest rate of expansion. This is due to the crucial role that field devices play within the power distribution networks that are overseen by local utilities. Additionally, as a component of distribution automation, communication technologies offer a collaborative setting for controlling and monitoring real-time data from the control room.
Due to utilities' significant investments in increasing its grid and distribution network, Germany is anticipated to be the largest and fastest-growing country in Europe in the distribution automation industry.
Due to significant investments in creating technology for distribution automation purposes within the utilities, which will increase demand for distribution automation system products, Saudi Arabia is predicted to be the largest and the fastest-growing country in the Middle East and Africa in terms of the distribution automation market.
Because Brazil is one of the top countries concentrating on grid development projects while deploying utility communication technologies within the grid infrastructure, Brazil is anticipated to be the largest and fastest-growing country in South America in terms of the distribution automation market.
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