Distribution Automation Market

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Distribution Automation Market by Component,
Software Services, Communication Technology,
Type of Utility, and Region - Global Forecast to
2023
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Field Device The largest segment, by component,
during the forecast period The field device
segment is expected to hold the major share of
the distribution automation market during the
forecast period. Growing investments in
refurbishing the ageing infrastructure and
government initiatives to promote the use of
energy-efficient power generation resources are
the major factors driving the distribution
automation market in the European region. The
European market players, such as ABB, Schneider
Electric, and Eaton are involved in the
manufacturing of field devices. These factors
have resulted in the highest market share of the
field device segment in the distribution
automation market. PDF Brochure
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The public utility segment accounts for the
largest share of the distribution automation
market, by type of utility, during the forecast
period The public utility segment is expected to
be the largest market for distribution
automation, by type of utility, from 2018 to
2023. The factors driving the market for
distribution automation in the public utility
include significant efforts made by the
government to extend the services of public
utilities. The grants offered by the government
will help in modernizing the grid, which in turn
will boost the market for distribution
automation. Request for Customization
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Browse gtgt 68 market data
tables 29 figures
134 pages and in-depth TOC on
Distribution Automation Market by Component,
Software Services, Communication Technology,
Type of Utility, and Region - Global Forecast to
2023 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Asia Pacific The fastest-growing market for
distribution automation In this report, the
distribution automation market has been analyzed
on the basis of five regions, namely, Asia
Pacific, North America, Europe, South America,
and the Middle East Africa.The distribution
automation market in Asia Pacific is driven by
countries such as China, India, Japan, and
Australia. Rapid industrialization in India,
China, and Australia is expected to drive the
implementation of distribution automation
systems. These countries are increasing renewable
power generation to meet their growing energy
demand. According to the Renewable Energy Policy
Network (REN21), China accounted for 45 of the
total global investment for renewable power
generation in 2017. Increasing investments in
renewable power would drive the market for
distribution automation in Asia Pacific. Request
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• Target Audience
• The target audience of this report includes
• Consultants and advisory firms
• Distribution automation solution providers
• Electric Utilities
• Electrical equipment associations
• Government agencies
• Network and communication service providers
• Support and maintenance service providers
• Speak to analyst _at_ https//www.marketsandmarkets.c
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• Key players -
• Siemens (Germany),
• ABB (Switzerland),
• GE (US), Schneider Electric (France),
• Eaton (Ireland),
• Cisco (US),
• Xylem (Sensus) (US),
• ABB (Switzerland),
• Siemens (Germany).
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ContactMr. Shelly SinghMarketsandMarkets
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