Distribution automation is a smart grid technology deployed on power distribution system and substations to enhance electricity supply services. Growing adoption of Internet of things and connected devices across energy and utility sector demand for distribution automation systems, solutions and services is increasing at a significant pace. Additionally, introduction of favorable government regulations and initiative to deploy smart grid technology is expected to boost market growth over the forecast period. Other major factors such as enhance energy efficiency, reduction in long term maintenance and operational cost and real-time troubleshooting is fueling growth of the distribution automation market across the globe. However, high cost of deployment is hampering growth of the market in developing regions such as Latin America and Africa. Also, lack of awareness in these region is anticipated to impede adoption of distribution automation systems and solutions to certain extent.
Report Scope
This report analyzes the global distribution automation market in terms of type, hardware, end user, and geography. The global distribution automation market has been segmented based on type into hardware, software and service. By hardware, the market is bifurcated into monitoring and control device, power quality control device, and power switching control device. On the basis of end user, the global distribution automation market is segmented into industrial sector, commercial sector, residential sector. The global distribution automation market covers major geographies such as North America, Europe, Asia Pacific, and Rest of World.
The distribution automation market is consolidated in nature, with top 4 players constituting over 50% share of the overall market revenue. High capital requirement and technological expertise act as entry barriers for the new players eyeing to enter the distribution automation market. Acquisition and strategic partnership are major strategies followed by key vendors operating in the market to enhance market share and strengthen existing product portfolio. Some of the prominent players identified in the distribution automation market are ABB Ltd., Alstom Group, Duke Energy Corporation, Edison Electric Institute, General Electric Corporation, Schweitzer Engineering Laboratories, Inc., Schneider Electric SA, Siemens Automation Inc., Schneider Electric SA, Tennessee Valley Authority and Nissin Electric Company Ltd.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global Distribution Automation Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2024” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global distribution automation market.
Target Audience
- Industry Investors
- Automation System Providers
- System Integrators
- Service Provider
- Government Agencies
USP and Key Offerings
The report titled “Global Distribution Automation Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2024” offers strategic insights into the global Distribution Automation market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, hardware and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading distribution automation system vendors, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the distribution automation market
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Ecosystem Analysis
- SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global distribution automation market, offering market size and estimates for the period from 2014 to 2024, keeping in mind the above mentioned factors.
