Global Distribution Automation Market

Global Distribution Automation Market Size, Share, Growth Analysis, By Component(Software, Field Devices), By Application(Private and public) - Industry Forecast 2024-2031

Report ID: SQMIG45J2076 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 61 | Figures: 75

Global Distribution Automation Market Competitive Landscape

Global distribution automation market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global distribution automation market.

Distribution Automation Market Top Player's Company Profiles

  • ABB Ltd.
  • General Electric Company
  • Siemens AG
  • Schneider Electric SE
  • Eaton Corporation Plc
  • S&C Electric Company
  • Schweitzer Engineering Laboratories, Inc.
  • Advanced Control Systems, Inc.
  • G&W Electric Company
  • Crompton Greaves Limited
  • Atlantic City Electric Company
  • Landis+Gyr Group AG
  • Honeywell International Inc.
  • Elster Group SE
  • BPL Global, Ltd.
  • Cooper Power Systems, LLC
  • Alstom SA
  • Echelon Corporation
  • Itron Inc.
  • Aclara Technologies LLC

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FAQs

Global Distribution Automation Market size was valued at USD 11.45 billion in 2021 and is poised to grow from USD 11.76 billion in 2022 to USD 20.05 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

Global distribution automation market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global distribution automation market. 'ABB Ltd.', 'General Electric Company', 'Siemens AG', 'Schneider Electric SE', 'Eaton Corporation Plc', 'S&C Electric Company', 'Schweitzer Engineering Laboratories, Inc.', 'Advanced Control Systems, Inc.', 'G&W Electric Company', 'Crompton Greaves Limited', 'Atlantic City Electric Company', 'Landis+Gyr Group AG', 'Honeywell International Inc.', 'Elster Group SE', 'BPL Global, Ltd.', 'Cooper Power Systems, LLC', 'Alstom SA', 'Echelon Corporation', 'Itron Inc.', 'Aclara Technologies LLC'

Exponential growth in global electricity demand and grid infrastructure

Untapped rural markets can provide attractive growth potential. Rural distribution automation has huge potential. With the increasing reliance on electrical appliances, uninterrupted power distribution is becoming more important, giving utility providers an opportunity to target the rural market by providing distribution automation services. Rural consumers are more aware and can easily compare the number of supply disruptions between urban and rural distribution networks.

The Asia Pacific market is expected to account for the largest revenue share during the forecast period. The region is expected to see increased demand for distribution automation solutions as expenditures in smart grid programs increase. Australia, China, and Japan are driving major growth in the region. Also, the market growth is expected to benefit from factors such as rapid industrialization and a growing trend toward sustainable energy to meet rising energy demands. The region is expected to have a high demand for distribution automation systems due to major investment in smart grid efforts.

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