Europe Electric Power Distribution Automation Systems Market Forecast 2022-2030
KEY FINDINGS
The Europe electric power distribution automation systems market is set to grow with a CAGR of 5.90% during the forecasted period of 2022 to 2030. The market growth of the region is propelled by the increasing transmission of renewable energy, the surging number of policy reformations, and the aging infrastructure.
MARKET INSIGHTS
The Europe electric power distribution automation systems market growth evaluation ensues a detailed analysis of Germany, Italy, Spain, the United Kingdom, France, and Rest of Europe. The electricity sector in Italy is evolving on a rapid scale, given the effects of the profound energy transition. It is concentrated on the achievement of sustainability goals, in addition to enhancing system security. Some of the most substantial elements of the novel model entail the management and integration of energy efficiency, renewable energy, storage systems, and digitalization.
Moreover, the Italian government authorized the National Energy Strategy, thus laying out future policy goals for the electricity sector in 2017. The primary objective of the initiative is to make the national energy system more competitive, sustainable, and secure.
On the other hand, France possesses a very low-carbon electricity mix on account of the country’s huge nuclear fleet. Furthermore, as a pioneer in establishing an ambitious energy transition, the country legislated the aim of net-zero emissions for the year 2050 in the 2019 Energy and Climate Act. Hence, these factors are expected to propel the market growth in Europe during the forecast years.
COMPETITIVE INSIGHTS
Some of the eminent companies operating in the market include Honeywell International Inc, Siemens AG, etc.
Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. High Reliability Of Distribution Automation Systems
- 3.1.2. Rise In Demand For Energy Efficiency & Fault Detection
- 3.1.3. Ageing Power Infrastructure
- 3.1.4. Increasing Requirement For Electricity In Commercial Places
- 3.2. Key Restraints
- 3.2.1. Lack Of Use Of Tools For Operational Planning
- 3.2.2. Privation Of Europe Standards
- 3.2.3. Security Concerns
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Electric Power Distribution Automation Systems Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 4.7. Key Buying Criteria
- 4.7.1. Superior Technology
- 4.7.2. Application
- 4.7.3. Efficiency
- 4.7.4. Reliability
- 4.8. Regulatory Framework
- 5. Market By Implementation
- 5.1. Substation Automation
- 5.2. Feeder Automation
- 5.3. Consumer Automation
- 6. Market By End-user
- 6.1. Industrial
- 6.2. Commercial
- 6.3. Residential
- 7. Geographical Analysis
- 7.1. Europe
- 7.1.1. Market Size & Estimates
- 7.1.2. Key Growth Enablers
- 7.1.3. Key Challenges
- 7.1.4. Key Players
- 7.1.5. Country Analysis
- 7.1.5.1. United Kingdom
- 7.1.5.2. Germany
- 7.1.5.3. France
- 7.1.5.4. Spain
- 7.1.5.5. Italy
- 7.1.5.6. Rest Of Europe
- 8. Competitive Landscape
- 8.1. Key Strategic Developments
- 8.1.1. Mergers & Acquisitions
- 8.1.2. Product Launches & Developments
- 8.1.3. Partnerships & Agreements
- 8.2. Company Profiles
- 8.2.1. Abb Ltd
- 8.2.2. Eaton Corporation Plc
- 8.2.3. G&W Electric Company
- 8.2.4. General Electric Company
- 8.2.5. Hitachi Ltd
- 8.2.6. Honeywell International Inc
- 8.2.7. Hubbell Power Systems
- 8.2.8. Itron Inc
- 8.2.9. Mitsubishi Electric Corporation
- 8.2.10. Oracle Corporation
- 8.2.11. S&C Electric Company
- 8.2.12. Schneider Electric Se
- 8.2.13. Schweitzer Engineering Laboratories Inc
- 8.2.14. Siemens Ag
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