Press release
Distribution Automation Market Will Generate Record Revenue by 2029
For instance, in January 2022, the Government of India revealed its plans to invest $1.6 billion to add new lines to transmit electricity from renewable plants as it seeks to draw half of its energy requirement from greener sources by 2030. Dedicated transmission lines of 10,750 circuit kilometers will be built across seven provinces under the second phase of the green energy corridor project. Such measures taken by the government are creating opportunities for advanced grid automation technologies and efficient management of renewable energy distribution. The growth of distribution automation is also driven by government initiatives to upgrade and expand the power transmission line. For instance, in May 2022, the US government launched a $2.5 billion fund to modernize and expand the capacity of the country's power grid under the Transmission Facilitation Program (TFP). Its launch marks the largest infrastructure law investment made exclusively in transmission. It is also among the first down payments on the more than $20 billion of investments being made under the DOE's new Building a Better Grid Initiative. The expansion of renewable energy sources, such as wind and solar power, has further driven the demand for automation in power transmission and distribution lines.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Component
By Communication Technology
By Utility
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including ABB Ltd., Siemens AG, Eaton Corp. plc, Xylem Inc., S&C Electric Co., and others.
Distribution Automation Market Report Segment
By Component
Field Devices
Remote Fault Indicators
Smart Relays
Automated Feeder Switches
Automated Capacitors
Automated Voltage Regulators
Automated Feeder Monitors
Transformer Monitors
Remote Terminal Units
Software and Services
By Communication Technology
Wireless
Radio Frequency Mesh
Cellular Networks
Worldwide Interoperability for Microwave Access (WiMAX)
Wired
Fiber Optic
Ethernet
Powerline Carrier
Internet Protocol (IP)
By Utility
Public
Private
A full Report of Distribution Automation Market is Available @ https://www.omrglobal.com/industry-reports/distribution-automation-market
Distribution Automation Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Aclara Technologies LLC
Advanced Control Systems
Eaton Corporation plc
Emerson Electric Co.
G&W Electric Co.
General Electric Co.
Landis+Gyr - Landis+Gyr Group AG
NovaTech LLC
Power System Engineering, Inc.
S&C Electric Co.
Schneider Electric SE
Schweitzer Engineering Laboratories, Inc.
Toshiba Corp.
Trilliant Holdings Inc.
Xylem Inc.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/distribution-automation-market
https://www.somosxbox.com.mx/noticias-urgente/tasa-de-crecimiento-lento-del-mercado-de-vacunas-de-vectores-recombinantes-prevista-para-2023-2030/119327/
https://perualdia.net/el-mercado-de-gestion-de-trafico-sera-testigo-de-la-aceleracion-del-crecimiento-para-2028/
https://ekz-crosstour.ch/news/nordamerikanische-marktanalyse-fuer-elektrogehaeuse-groesse-aktuelles-szenario-und-zukunftsaussichten/122952/
Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
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