Global Digitalization of Power Distribution Market Growth (Status and Outlook) 2025-2031

Global Digitalization of Power Distribution Market Growth (Status and Outlook) 2025-2031

The global Digitalization of Power Distribution market size is predicted to grow from US$ 36820 million in 2025 to US$ 75270 million in 2031; it is expected to grow at a CAGR of 12.7% from 2025 to 2031.

Digitalization of Power Distribution means that electrical systems can be upgraded using smart equipment and energy and distribution management software to improve energy efficiency and reduce risk. In the digital trend, more and more industries have realized the benefit improvement of production, operation and management through the Internet of Things, and the key equipment of power distribution system, such as circuit breakers and transformers, supports the Internet of Things.

The key players of Global Digitalization of Power Distribution include HITACHI ABB POWER GRIDS, Schneider, Siemens, etc. These top three companies hold a market share about 60%. Europe is the major producing region in the world. In terms of application, the product is most widely used in industrial equipment, followed by the data center.

The power distribution digitalization market has shown a rapid growth trend in recent years. With the continuous development of technologies such as the Internet of Things, big data, and cloud computing, more and more industries have begun to improve the efficiency of production, operation, and management through digital means. As an important part of the power system, the digital upgrade of the power distribution system has also become an inevitable trend.

The main companies in the power distribution digitalization market include well-known domestic and foreign power equipment manufacturers and solution providers. These companies occupy an important position in the market with their advantages in technology, capital, and brand. Power distribution digitalization is widely used in many fields such as industry, construction, data centers, and rail transit. In the industrial field, power distribution digitalization can improve the automation level and production efficiency of production lines; in the construction field, power distribution digitalization can achieve efficient management of building energy and energy conservation and emission reduction; in the data center field, power distribution digitalization can ensure the stable operation of the data center and the reliability of power supply; in the rail transit field, power distribution digitalization can ensure the safety and stability of train operation.

Smart grid and new power system construction:

Smart distribution equipment is an important part of the construction of smart grid and new power system, and is directly related to the operational safety and efficiency of the power system.

The state has issued a series of policies conducive to the healthy development of the smart distribution equipment industry, promoting the construction of smart grid and new power system, thereby driving the market demand for distribution digitization.

Distribution network high-quality development policy:

The "Distribution Network High-quality Development Action Plan (2024-2027)" issued by the National Energy Administration proposes to accelerate the promotion of a number of distribution network upgrade and transformation projects in weak power supply areas, increase investment in distribution networks in old communities and urban villages, etc.

These policies aim to improve the power supply guarantee level and intelligence level of the distribution network, providing a broad market space for distribution digitization.

LPI (LP Information)' newest research report, the “Digitalization of Power Distribution Industry Forecast” looks at past sales and reviews total world Digitalization of Power Distribution sales in 2024, providing a comprehensive analysis by region and market sector of projected Digitalization of Power Distribution sales for 2025 through 2031. With Digitalization of Power Distribution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digitalization of Power Distribution industry.

This Insight Report provides a comprehensive analysis of the global Digitalization of Power Distribution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Digitalization of Power Distribution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digitalization of Power Distribution market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digitalization of Power Distribution and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digitalization of Power Distribution.

This report presents a comprehensive overview, market shares, and growth opportunities of Digitalization of Power Distribution market by product type, application, key players and key regions and countries.

Segmentation by Type:
Equipment
Software

Segmentation by Application:
Industrial Equipment
Building & Construction
Data Center
Rail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HITACHI ABB POWER GRIDS
Schneider
Siemens
Legrand
CHINT
Shanghai Liangxin Electrical
Changshu swItchgear mfg.
Suzhou Wanlong Electric
Xiamen Minghan Electric
XJEC
DFE
Willfar Information Technology Co. Ltd.

Please note: The report will take approximately 2 business days to prepare and deliver.