Global Electric Power Distribution Automation Systems Market Growth (Status and Outlook) 2023-2029

Global Electric Power Distribution Automation Systems Market Growth (Status and Outlook) 2023-2029

Electric Power Distribution Automation is a family of technologies, including sensors, processors, information and communication networks, and switches, through which a utility can collect, automate, analyze, and optimize data to improve the operational efficiency of its distribution power system.

LPI (LP Information)' newest research report, the “Electric Power Distribution Automation Systems Industry Forecast” looks at past sales and reviews total world Electric Power Distribution Automation Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Power Distribution Automation Systems sales for 2023 through 2029. With Electric Power Distribution Automation Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Power Distribution Automation Systems industry.

This Insight Report provides a comprehensive analysis of the global Electric Power Distribution Automation Systems 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 Electric Power Distribution Automation Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Power Distribution Automation Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Power Distribution Automation Systems 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 Electric Power Distribution Automation Systems.

The global Electric Power Distribution Automation Systems market size is projected to grow from US$ 19480 million in 2022 to US$ 30710 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029.

Hitachi and Siemens are the top 2 companies in global electric power distribution automation systems market and account for about 40% of total market share. Geographically speaking, Asia Pacific holds about 35% of global market share, followed by North America with about 30% share. In terms of type, hardware segment holds an main share of about 90%. In terms of application, industrial segment accounts for about 60% of the global share.

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

Market Segmentation:

Segmentation by type
Hardware
Software

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.
Hitachi
Siemens
GE
Eaton
NARI Group Corporation
Beijing Creative Distribution Automation
Itron
Beijing SOJO Electric
Xuji Electric
Integrated Electronic Systems

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