Global Distribution Automation Solutions Market Growth (Status and Outlook) 2024-2030
Distribution automation can be defined as the evolution of control technologies that help in optimizing and improving the electricity distribution and reliability of overall power distribution network. It is a smart grid technology that can be employed in the power distribution system of local power lines and neighborhood substations. The distribution automation allows individual devices to sense the operating conditions of the grid and make necessary adjustments to the overall power flow, which optimizes performance and reduces the outage time.
The global Distribution Automation Solutions market size is projected to grow from US$ 16330 million in 2023 to US$ 25140 million in 2030; it is expected to grow at a CAGR of 6.4% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Distribution Automation Solutions Industry Forecast” looks at past sales and reviews total world Distribution Automation Solutions sales in 2023, providing a comprehensive analysis by region and market sector of projected Distribution Automation Solutions sales for 2024 through 2030. With Distribution Automation Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Distribution Automation Solutions industry.
This Insight Report provides a comprehensive analysis of the global Distribution Automation Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Distribution Automation Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Distribution Automation Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Distribution Automation Solutions 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 Distribution Automation Solutions.
United States market for Distribution Automation Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Distribution Automation Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Distribution Automation Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Distribution Automation Solutions players cover ABB, Eaton, Schneider Electric, Siemens and GE, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Distribution Automation Solutions market by product type, application, key players and key regions and countries.
Segmentation by type
System-Level Distribution Automation Solutions
Customer-Level Distribution Automation Solutions
Segmentation by application
Industrial
Commercial
Residential
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.
ABB
Eaton
Schneider Electric
Siemens
GE
Hitachi
Toshiba
Fuji Electric
Mitsubishi Electric
Hyosung
S&C Electric
G&W Electric
Kalkitech
TBEA
XD
Please note: The report will take approximately 2 business days to prepare and deliver.