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Distribution Automation Market Expected to Grow at 17.7 Billion In Revenue by 2025
According to Market Study Report, Distribution Automation Market provides a comprehensive analysis of the Distribution Automation Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1561210
The Distribution Automation Market size is projected to reach USD 17.7 Billion by 2025 from an estimated market size of USD 12.4 Billion in 2020, at a CAGR of 7.4% during the forecast period in the realistic scenario. This report spread across 185 pages, profiling 05 companies and supported with 113 tables and 48 figures are now available in this research.
Top Companies Profiled in the Automotive Plastics Market:
• ABB (Switzerland)
• Eaton (Ireland)
• GE (US)
• Schneider Electric (France)
• Siemens (Germany)
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“The field devices segment is expected to lead the distribution automation market during the forecast period.”
The distribution automation market has been segmented based on component into field devices, software, and services. Field devices have a wide application in distribution automation systems to access the conditions and control the distribution network. They operate in coordination with information and control systems to prevent outages.
“The wired segment is projected to witness a larger market share than the wireless segment from 2020 to 2025.”
Based on communication technology, the distribution automation market has been segmented into wired and wireless. The wired segment accounted for a larger market share in 2019.Wired communication technology transmits large volumes of data,analyzes the data, and provides actionable information for grid operators.
Breakdown of primary participants’ profile:
• By Company Type: Tier I: 61%, Tier II: 20%, and Tier III: 19%
• By Designation: C-Level Executives: 56%, Directors: 30%, and Others: 14%
• By Region: North America:40%, Europe:30%, Asia Pacific: 10%, Middle East & Africa: 10% and South America: 10%
Competitive Landscape of Automotive Plastics Market:
1 Overview
2 Market Evaluation Framework
3 Revenue Analysis Of The Top 5 Market Players
4 Key Market Developments
4.1 New Product Developments
4.2 Investments & Expansions
4.3 Mergers & Acquisitions
4.4 Contracts & Agreements
4.5 Partnerships
Research Coverage:
The report defines, describes, and forecasts the distribution automation market by component, communication technology, utility, and region. It offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges.
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