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Distribution Automation Market Drivers, Industry Capacity, Revenue and Growth Rate Forecast To 2021-2031 | ABB, GE, Siemens, Schneider Electric, Eaton, Xylem, Itron

08-12-2022 07:45 AM CET | Energy & Environment

Press release from: Global Insight Services

Distribution Automation Market

Distribution Automation Market

Global Distribution Automation Market report from Global Insight Services is the single authoritative source of intelligence on Distribution Automation Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Distribution automation is a system used by electric utilities to remotely control and monitor the distribution of electricity. It typically includes sensors, switches, and other devices that can be controlled remotely to improve the efficiency and reliability of the distribution system.

Read more about Distribution Automation Market here : https://www.globalinsightservices.com/reports/distribution-automation-market

Key Trends

There are a few key trends in Distribution Automation (DA) technology. First, utilities are recognizing the benefits of DA and are investing in it. This is driven by the need to improve grid efficiency and reliability, as well as the desire to reduce operational costs.

Second, DA is becoming more sophisticated, with advances in communications, sensors, and controls. This is allowing utilities to do more than just automate the distribution of power; they can now monitor and optimize the system in real-time.

Third, there is a trend towards integrating DA with other systems, such as renewable energy sources, demand response, and storage. This allows for a more holistic approach to managing the distribution grid.

Get Access to A Free Sample Copy of Our Latest Report : https://www.globalinsightservices.com/request-sample/GIS21731

Key Drivers

The distribution automation market is primarily driven by the need to reduce operational costs and improve grid efficiency. With the growing adoption of renewable energy sources, distribution automation systems help in managing the variability of these sources and provide grid stability.

They also help in reducing the loss of electricity during transmission and distribution, and improve the quality of power supply. In addition, distribution automation systems help in reducing the duration and cost of power outages.

Market Segments

The Distribution Automation Market is segmented by component, communication technology, and region. By component, the market is divided into field devices, software, and services. Based on communication technology, it is bifurcated into wireless and wired. Wireless is further segmented into radio frequency mesh, cellular networks and WiMAX. Wired is further segmented into fiber optic, ethernet, powerline carrier and IP. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Distribution Automation Market includes players such as ABB, GE, Siemens, Schneider Electric, Eaton, Xylem, Itron, Hubbell, Mitsubishi, and Toshiba.

Free Customization Available : https://www.globalinsightservices.com/request-customization/GIS21731

With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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