Analysis of Electric Power Distribution Automation Systems Market with Growing Demand by 2026 | General Electric, Eaton Corporation Plc, Mitsubishi Electric Corp., ABB Ltd., G&W Electric Company, Schneider Electric

Electric Power Distribution Automation Systems Market generated $14.6 billion in 2017 and is estimated to reach $23.8 Billion in 2026 along with this, the market is anticipated to grow at a CAGR of 5.8% during the forecast period.

North America generated the highest revenue in 2017 owing to increasing trend of smart cities, and presence of established telecom and cloud infrastructure in this region. The increasing adoption of smart grids, and growing demand for smart technologies drive the Electric Power Distribution Automation Systems Market growth in the region.

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Electric Power Distribution Automation Systems consists of a series of intelligent processors, communication technologies and sensors that manage the distribution of electric power in a specific grid. These systems are mainly used in modern power grid framework and assist in automating the analysis and screening of the power to be distributed. This largely helps in monitoring the efficiency of power distribution while controlling potential leakages, which increases the overall efficiency of the grid. The power distribution automation substation is located in the vicinity of the city, town or the industrial area which receives electric power. The substation receives high voltage power from the power station through a transmission network. It is stepped down with a transformer to a primary distribution level voltage and is then transmitted to the grid for distribution.

Growth and Key Players: -

The demand for Electric Power Distribution Automation Systems has increased over the years owing to growing adoption of smart cities, and increasing demand for efficient and low-cost power distribution solutions across the globe. The rising demand for electricity, coupled with high demand for smart grids has increased the adoption of electric power distribution automation systems. The increasing ageing infrastructure along with the increasing need to update existing networks further supports Electric Power Distribution Automation Systems Market growth. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.

The leading companies operating the Electric Power Distribution Automation Systems Market include: -
• General Electric
• Eaton Corporation Plc
• Mitsubishi Electric Corp.
• ABB Ltd.
• G&W Electric Company
• Schneider Electric
• Elster Solutions
• Schweitzer Engineering Laboratories
• Siemens AG
• S&C Electric Company

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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Electric Power Distribution Automation Systems Market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Electric Power Distribution Automation Systems Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

Table of Content of Electric Power Distribution Automation Systems Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Electric Power Distribution Automation Systems Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!!

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