[185 Pages Report] The distribution automation market size is projected to reach USD 17.7 billion by 2025 from an estimated value of USD 12.4 billion in 2020, at a CAGR of 7.4 % during the forecast period in the realistic scenario. The need for improved grid reliability and operating efficiency and increasing investments to upgrade aging grid infrastructure are the key growth drivers for this market.
Distribution Automation Market to Reach $17.7 billion by 2025
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Distribution Automation Market by
Component (Field Devices, Software, Services),
Communication Technology (Wired (Fiber
Optic, Ethernet, Powerline Carrier, IP), Wireless
(RF Mesh, Cellular, Wimax)), Utility, Region -
Global Forecast to 2025
2. The global Distribution Automation Market size is expected to grow from an
estimated value of USD 12.4 billion in 2020 to USD 17.7 billion by 2025, at a CAGR
of 7.4% from 2020 to 2025. The need for improved grid reliability and operating
efficiency and increasing investments to upgrade aging grid infrastructure are
major factors driving the growth of this market.
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3. Public utility segment estimated to hold a larger share of the distribution
automation market than the private utility segment during the forecast period
The distribution automation market has been segmented based on utility into
public and private. The public utility segment accounted for a larger market
share in 2019. Public utilities are undertaking initiatives to adopt new advanced
technologies due to increased regulation and evolving customer preferences.
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4. Wireless segment projected to register a higher CAGR than the wired segment
during the forecast period
Based on communication technology, the market has been segmented into wired and
wireless. The wireless segment is expected to witness a higher CAGR during the
forecast period. Distribution automation uses wireless communication due to its ease
in accessibility and increased efficiency. This wireless communication technology
provides integral support to the utilities by offering high bandwidth and covering a
large area.
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5. Browse >>
113 market data tables
48 figures
185 pages and in-depth TOC on “Distribution Automation Market -
Global Forecast to 2025”
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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.
6. Asia Pacific estimated to dominate the distribution automation market during
the forecast period
Asia Pacific is estimated to be the largest market for distribution automation
during the forecast period. For the market analysis, the region has been
segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia
Pacific. The demand for distribution automation in this region is driven mostly by
the increasing electricity consumption and the need to upgrade aging
infrastructure. Countries in this region are shifting toward clean energy to meet
the growing energy demands.
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7. Key players -
To enable an in-depth understanding of the competitive landscape, the report includes the
profiles of some of the top players in the Distribution Automation Market. These include
• ABB (Switzerland),
• Eaton (Ireland),
• GE (US),
• Schneider Electric (France),
• Siemens (Germany) and many more...
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