Press release
Global Distribution Automation Solutions Market Analysis Revealing Key Drivers & Growth Trends through 2025
The market for Distribution Automation Solutions is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Distribution Automation Solutions Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Distribution Automation sector is highlighted in the report which indicates a prosperous future.Request Free Sample Report@@ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1863860
This report studies the global Distribution Automation Solutions market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Distribution Automation Solutions market by companies, region, type and end-use industry.
Distribution automation can be defined as the evolution of control technologies that help in optimizing and improving the electricity distribution and reliability of overall power distribution network. It is a smart grid technology that can be employed in the power distribution system of local power lines and neighborhood substations. The distribution automation allows individual devices to sense the operating conditions of the grid and make necessary adjustments to the overall power flow, which optimizes performance and reduces the outage time.
Benefits such as the reduced cost and maintenance by using distribution automation solutions is one of the primary drivers for market growth. Due to the extended outage time and longer traveling distance, the electricity companies have started integrating distributionautomationsolutions to counter these issues with lesser costs. The extended outage time results in losing revenue for electricity service providers, such as losing the contract for projects and unable to charge a premium price. Moreover, electricity companies also spend a large sum of revenue in the replacements of faulty devices due to the lack of maintenance at various locations. The deployment of distribution automation will lead to low outage time, shorter transit time and distance, and less overall maintenance requirements.
The global distribution automation solutions market is dominated by key players who hold a market share of more than 70%. These players in the market are expected to observe intense competition from the developing players based on price and type of solutions. Moreover, the key players are constantly trying to retain the market share by raising their operational efficiency and expanding their solutions offering. During the forecast period, the major players will post significant growth through extensive product and service offerings.
Owing to developments in the construction sector and the rising adoption of energy-efficient products to lower the overall energy consumption in the building and industrial sectors, EMEA will account for the major share of this distribution automation market size. Moreover, the increasing adoption of IoT and telecom infrastructure in Europe and the Middle East will also result to the growth of the distribution automation solutions market in EMEA during the forecast period.
In 2017, the global Distribution Automation Solutions market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global top players, covered
ABB
Grid Solutions
S&C Electric Company
Schneider Electric
Siemens
Atlantic City Electric
Eaton
G&W Electric
Kalkitech
Kyland
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Browse Full Report with TOC@ https://www.marketresearchhub.com/report/global-distribution-automation-solutions-market-size-status-and-forecast-2025-report.html
Market segment by Type, the product can be split into
System-level distribution automation solutions
Customer-level distribution automation solutions
Market segment by Application, split into
Industrial
Commercial
Residential
The study objectives of this report are:
To study and forecast the market size of Distribution Automation Solutions in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Distribution Automation Solutions are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Distribution Automation Solutions Manufacturers
Distribution Automation Solutions Distributors/Traders/Wholesalers
Distribution Automation Solutions Subcomponent Manufacturers
Industry Association
Downstream Vendors
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