Global Electric Power Distribution Automation Systems Market 2022-2028
MARKET OUTLOOK
Triton Market Research’s report insinuates the global electric power distribution automation systems market to progress with a CAGR of 7.05% in the projected duration from 2022 to 2028.
The enhanced demand for energy efficiency & fault detection is primarily driving the growth of this market. The growing requirement of electricity at commercial sites and the high dependability of distribution automation systems are also adding to the electric power distribution automation systems market’s growth.
However, security concerns, the privation of global standards, and the lack of tools being used for operational planning are hampering this growth. On the positive side, the increasing investment in research & development activities and increased investments in smart grids present lucrative opportunities for market development.
REGIONAL OUTLOOK
The global market for electric power distribution automation systems covers Latin America, the Asia-Pacific, Europe, North America, and the Middle East and Africa.
The market in the Asia-Pacific is expected to observe the fastest growth in the coming years. In this region, Southeast Asia is one of the fastest-growing markets in the world in terms of electricity demand. This can be attributed to the increasing usage of power-consuming devices such as various household appliances. Thus, the governments across the region are working to meet the high electricity demand.
One such example of cross-border power trade in SE Asia is the Lao PDR-Thailand-Malaysia power integration project. Further, work is already underway to extend this project to include Singapore. Such developments are integrating the growing demand for electricity, distributing it with the help of DAS.
COMPETITIVE OUTLOOK
The dominant players profiled in the electric power distribution automation systems market include Siemens AG, Eaton Corporation plc, S&C Electric Company, Hitachi Ltd, ABB Ltd, Hubbell Power Systems, Honeywell International Inc, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric, Schweitzer Engineering Laboratories Inc, Itron Inc, G&W Electric Company, and Oracle Corporation.
General Electric Company is an industrial corporation offering a wide range of products and services. The company offers power generation products, high voltage equipment, power electronics, automation & protection equipment, and software solutions. It serves numerous industries, such as oil & gas, telecommunication, water, generation, mining, transportation, transmission, aerospace, power, distribution, metals, and healthcare. General Electric has a customer base in more than 170 countries across Europe, North America, the Asia Pacific, Latin America, and the Middle East and Africa.
- 1. Global Electric Power Distribution Automation Systems Market – Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Electric Power Distribution Automation Systems Market
- 2.2. Evolution & Transition Of Electric Power Distribution Automation Systems
- 2.3. Key Insights
- 2.3.1. Rising Investments In Smart Cities By Governing Agencies Of Numerous Countries
- 2.3.2. Surging Demand For Smart Grids
- 2.4. Porter’s Five Forces Analysis
- 2.4.1. Threat Of New Entrants
- 2.4.2. Threat Of Substitute
- 2.4.3. Bargaining Power Of Buyers
- 2.4.4. Bargaining Power Of Suppliers
- 2.4.5. Threat Of Competitive Rivalry
- 2.5. Key Impact Analysis
- 2.5.1. Superior Technology
- 2.5.2. Application
- 2.5.3. Efficiency
- 2.5.4. Reliability
- 2.6. Market Attractiveness Index
- 2.7. Vendor Scorecard
- 2.8. Industry Components
- 2.9. Regulatory Framework
- 2.10. Key Market Strategies
- 2.10.1. Acquisitions
- 2.10.2. Product Launches
- 2.10.3. Partnerships
- 2.11. Market Drivers
- 2.11.1. Increasing Requirement Of Electricity At Commercial Places
- 2.11.2. High Reliability Of Distribution Automation Systems
- 2.11.3. Rise In The Demand For Energy Efficiency & Fault Detection
- 2.11.4. Aging Power Infrastructure
- 2.12. Market Challenges
- 2.12.1. Privation Of Global Standards
- 2.12.2. Security Concerns
- 2.12.3. Lack Of Use Of Tools For Operational Planning
- 2.13. Market Opportunities
- 2.13.1. Increasing Investment In R&D Activities To Introduce Innovative Technologies
- 2.13.2. Rise In Investment For Smart Grids
- 3. Global Electric Power Distribution Automation Systems Market Outlook – By Implementation
- 3.1. Substation Automation
- 3.2. Feeder Automation
- 3.3. Consumer Automation
- 4. Global Electric Power Distribution Automation Systems Market Outlook – By End-user
- 4.1. Industrial
- 4.2. Commercial
- 4.3. Residential
- 5. Global Electric Power Distribution Automation Systems Market – Regional Outlook
- 5.1. North America
- 5.1.1. Market By Implementation
- 5.1.2. Market By End-user
- 5.1.3. Country Analysis
- 5.1.3.1. The United States
- 5.1.3.2. Canada
- 5.2. Europe
- 5.2.1. Market By Implementation
- 5.2.2. Market By End-user
- 5.2.3. Country Analysis
- 5.2.3.1. The United Kingdom
- 5.2.3.2. Germany
- 5.2.3.3. France
- 5.2.3.4. Spain
- 5.2.3.5. Italy
- 5.2.3.6. Rest Of Europe
- 5.3. Asia-pacific
- 5.3.1. Market By Implementation
- 5.3.2. Market By End-user
- 5.3.3. Country Analysis
- 5.3.3.1. China
- 5.3.3.2. Japan
- 5.3.3.3. India
- 5.3.3.4. South Korea
- 5.3.3.5. Asean Countries
- 5.3.3.6. Australia
- 5.3.3.7. Rest Of Asia-pacific
- 5.4. Latin America
- 5.4.1. Market By Implementation
- 5.4.2. Market By End-user
- 5.4.3. Country Analysis
- 5.4.3.1. Brazil
- 5.4.3.2. Mexico
- 5.4.3.3. Rest Of Latin America
- 5.5. Middle East And Africa
- 5.5.1. Market By Implementation
- 5.5.2. Market By End-user
- 5.5.3. Country Analysis
- 5.5.3.1. The United Arab Emirates
- 5.5.3.2. Saudi Arabia
- 5.5.3.3. Turkey
- 5.5.3.4. South Africa
- 5.5.3.5. Rest Of Middle East & Africa
- 6. Competitive Landscape
- 6.1. Abb Ltd
- 6.2. Eaton Corporation Plc
- 6.3. Siemens Ag
- 6.4. G&W Electric Company
- 6.5. General Electric Company
- 6.6. Itron Inc
- 6.7. Mitsubishi Electric Corporation
- 6.8. Schweitzer Engineering Laboratories Inc
- 6.9. Honeywell International Inc
- 6.10. S&C Electric Company
- 6.11. Hitachi Ltd
- 6.12. Schneider Electric
- 6.13. Oracle Corporation
- 6.14. Hubbell Power Systems
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- Table List
- Table 1: Global Electric Power Distribution Automation Systems Market, By Regional Outlook, 2022-2028 (In $ Million)
- Table 2: Vendor Scorecard
- Table 3: Regulatory Framework
- Table 4: List Of Acquisitions
- Table 5: List Of Product Launches
- Table 6: List Of Partnerships
- Table 7: Global Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 8: Global Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 9: Global Electric Power Distribution Automation Systems Market, By Regional Outlook, 2022-2028 (In $ Million)
- Table 10: North America Electric Power Distribution Automation Systems Market, By Country, 2022-2028 (In $ Million)
- Table 11: North America Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 12: North America Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 13: Europe Electric Power Distribution Automation Systems Market, By Country, 2022-2028 (In $ Million)
- Table 14: Europe Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 15: Europe Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 16: Asia-pacific Electric Power Distribution Automation Systems Market, By Country, 2022-2028 (In $ Million)
- Table 17: Asia-pacific Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 18: Asia-pacific Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 19: Latin America Electric Power Distribution Automation Systems Market, By Country, 2022-2028 (In $ Million)
- Table 20: Latin America Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 21: Latin America Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 22: Middle East And Africa Electric Power Distribution Automation Systems Market, By Country, 2022-2028 (In $ Million)
- Table 23: Middle East And Africa Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 24: Middle East And Africa Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Figure List
- Figure 1: Patent Applicants In The Electricity Sector Before & After The Covid-19 Outbreak
- Figure 2: Key Buying Impact Analysis
- Figure 3: Market Attractiveness Index
- Figure 4: Industry Components
- Figure 5: Spending On Energy R&D By National Governments And The European Union, In 2017-2019 (In $ Billion)
- Figure 6: Global Electric Power Distribution Automation Systems Market, By Implementation, 2021 & 2028 (In %)
- Figure 7: Global Electric Power Distribution Automation Systems Market, By Substation Automation, 2022-2028 (In $ Million)
- Figure 8: Global Electric Power Distribution Automation Systems Market, By Feeder Automation, 2022-2028 (In $ Million)
- Figure 9: Global Electric Power Distribution Automation Systems Market, By Consumer Automation, 2022-2028 (In $ Million)
- Figure 10: Global Electric Power Distribution Automation Systems Market, By End-user, 2021 & 2028 (In %)
- Figure 11: Global Electric Power Distribution Automation Systems Market, By Industrial, 2022-2028 (In $ Million)
- Figure 12: Global Electric Power Distribution Automation Systems Market, By Commercial, 2022-2028 (In $ Million)
- Figure 13: Global Electric Power Distribution Automation Systems Market, By Residential, 2022-2028 (In $ Million)
- Figure 14: Global Electric Power Distribution Automation Systems Market, By Regional Outlook, 2021 & 2028 (In %)
- Figure 15: The United States Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 16: Canada Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 17: The United Kingdom Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 18: Germany Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 19: France Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 20: Spain Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 21: Italy Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 22: Rest Of Europe Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 23: China Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 24: Japan Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 25: India Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 26: South Korea Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 27: Asean Countries Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 28: Australia Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 29: Rest Of Asia-pacific Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 30: Brazil Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 31: Mexico Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 32: Rest Of Latin America Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 33: The United Arab Emirates Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 34: Saudi Arabia Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 35: Turkey Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 36: South Africa Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 37: Rest Of Middle East & Africa Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
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