Global Power Distribution Automation Market, Competition, Forecast & Opportunities, 2024 - ResearchAndMarkets.com

DUBLIN--()--The "Global Power Distribution Automation Market, By Component (Field Device, Software & Services and Communication Technology), By Utility (Public and Private), By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

The Global Power Distribution Automation Market is anticipated to grow at a CAGR of over 7% until 2024, owing to the increasing demand for electricity and increasing focus on renewable power generation.

Also, the need for energy efficiency, immediate fault detection and protection in the power distribution network is further expected to aid the growth of the market for power distribution automation. Moreover, the increasing demand from commercial sector which includes hotels, hospitals, data centers and offices is expected to bolster the Global Power Distribution Automation Market by increasing the sales of the product.

The governments mandating to enhance grid efficiency is further boosting the adoption of Power Distribution Automation technology across the utility and the energy sector.

The Global Power Distribution Automation Market Segment Insights

In terms of component, the Power Distribution Automation market is categorized into field device, software & services and communication technology. Among the components, the field device category is projected to hold a significant portion of the Global Power Distribution Automation Market during the forecast period. The major factors driving the growth of the market for Power Distribution Automation are the growing investments in refurbishing the ageing infrastructure and government initiatives to promote the use of energy-efficient power generation resources.

The Global Power Distribution Automation Market Regional Insights

Regionally, the European market played a vital role in generating revenues in the Global Power Distribution Automation Market, with countries like France, Germany and UK being the key markets in the region. The market for Power Distribution Automation in the European region is growing due to the increasing investments in replacement of ageing power distribution infrastructure and the increasing complexity in the region's power distribution infrastructure.

Also, the Asia-Pacific Power Distribution Automation market is predicted to witness a steady growth during the forecast period. The growth of the Asia-Pacific market for Power Distribution Automation is due to the rapid industrialization in China, Australia and India.

The Global Power Distribution Automation Market Competitive Landscape

In order to increase customer demand, the major vendors in the market for Power Distribution Automation aims at introducing technologically advanced solutions and systems. This helps vendors to differentiate themselves from their counterparts and to sustain competition. Moreover, strategic partnerships & collaborations and investment in R&D activities are some of the other major strategies adopted by major market players to enhance their existing product portfolio and expand their market footprints.

Some of the leading players in the Global Power Distribution Automation market are Schneider Electric SE, General Electric Company, Schweitzer Engineering Laboratories Inc., ABB Ltd. among others.

Years considered for this report:

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Brand Awareness

4.2. Factors Considered while Selecting a Supplier

4.3. Challenges/Issues Faced Post Purchase

5. Global Power Distribution Automation Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Component (Field Device, Software & Services, Communication Technology)

5.2.2. By Utility (Public; Private)

5.2.3. By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)

5.2.4. By Company (2018)

5.3. Product Map (By Component, By Utility, By Region)

6. Europe Power Distribution Automation Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Component

6.2.2. By Utility

6.2.3. By Country

6.3. Europe: Country Analysis

6.3.1. Germany Power Distribution Automation Market Outlook

6.3.2. France Power Distribution Automation Market Outlook

6.3.3. United Kingdom Power Distribution Automation Market Outlook

6.3.4. Italy Power Distribution Automation Market Outlook

6.3.5. Spain Power Distribution Automation Market Outlook

7. North America Power Distribution Automation Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Component

7.2.2. By Utility

7.2.3. By Country

7.3. North America: Country Analysis

7.3.1 United States Power Distribution Automation Market Outlook

7.3.2. Canada Power Distribution Automation Market Outlook

7.3.3. Mexico Power Distribution Automation Market Outlook

8. Asia-Pacific Power Distribution Automation Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Component

8.2.2. By Utility

8.2.3. By Country

8.3. Asia-Pacific: Country Analysis

8.3.1. China Power Distribution Automation Market Outlook

8.3.2. India Power Distribution Automation Market Outlook

8.3.3. Japan Power Distribution Automation Market Outlook

8.3.4. South Korea Power Distribution Automation Market Outlook

8.3.5. Australia Power Distribution Automation Market Outlook

8.3.6. Singapore Power Distribution Automation Market Outlook

9. South America Power Distribution Automation Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Component

9.2.2. By Utility

9.2.3. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Power Distribution Automation Market Outlook

9.3.2. Argentina Power Distribution Automation Market Outlook

9.3.3. Colombia Power Distribution Automation Market Outlook

10. Middle East & Africa Power Distribution Automation Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Utility

10.2.3. By Country

10.3. Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Power Distribution Automation Market Outlook

10.3.2. South Africa Power Distribution Automation Market Outlook

10.3.2. UAE Power Distribution Automation Market Outlook

10.3.3. Qatar Power Distribution Automation Market Outlook

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends and Developments

13. Competitive Landscape

13.1. Competition Outlook

13.2. Company Profiles

13.2.1. ABB Ltd.

13.2.2. Siemens AG

13.2.3. General Electric Company

13.2.4. Eaton Corporation Inc.

13.2.5. Schneider Electric SE

13.2.6. Cisco Systems, Inc.

13.2.7 Landis+Gyr

13.2.8 S&C Electric Company

13.2.9 G&W Electric Company

13.2.10 Schweitzer Engineering Laboratories, Inc.

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/yimx1e

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900