Press release
Distribution Automation Market Financial Insights, Business Growth Strategies | American Electric Power, Cooper Power Systems
According to a recent report published by Exactitude Consultancy, titled, "Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless (RF Mesh, Cellular, Wimax), Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global Trends and Forecast from 2023 to 2029". Global Distribution Automation Market Research Report 2023 CAGR Status, Size, Industry Share, Interaction, Revenues , Development Strategy, Key Players, Competitive Landscape, Dynamics, competitive share analysis, consumption by regions, business development, technologies and growth trends, demand status and future product.
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Note - This Report Sample Includes:
✔ A summary of the research work.
✔ Table of Contents The study's depth of coverage
✔ Market participants at the forefront
✔ The research framework of the report's structure
✔ Exactitude Consultancy' research methodology
The report on the Distribution Automation Market includes:
• Authoritative insights into the Distribution Automation Market Size
• Key industry trends
• Strategies adopted by major players
• Dominating regions
Recent Developments
In August 2022, Eaton and CyberArk collaborated to enhance the protection of utility transmission and distribution devices and networks. This collaboration delivers fully automated solutions to help utilities simplify a critical element of cybersecurity compliance for modern grid automation systems.
In June 2022, Schneider Electric and Hitachi Energy collaborated to accelerate the deployment of sustainable and smart energy management solutions. Through this collaboration, both the companies would enhance their medium voltage and high voltage product portfolio to provide more comprehensive offerings to the customers.
In July 2022, S&C Electric Company has opened a production facility in Franklin, Wisconsin. The production facility would support electric utilities in the energy transition and meet the growing demand for power in Wisconsin. The facility will be utilized for the production of IntelliRupter, PulseCloser, Fault Interrupter, Scada-Mate Switching Systems and automation controls.
In May 2021, ABB introduced a protection relay REX610 to simplify protection and control basic power distribution applications. The product enables communication and operation access between substation automation devices and smart services in the ABB ability platform
Overview of Distribution Automation Market Analysis:
Market Size 2022: US $ 12.4 Billion
Market Size by 2029: US $ 21.9 Billion
CAGR (%): 7.4
Forecast Year: 2023-2029
Base Year: 2022
Prominent companies profiled in the Distribution Automation Market report are:
American Electric Power, Cooper Power Systems, Dominion Virginia Power, Électricité de France, General Electric Corporation, Pacific Gas and Electric Company, Siemens AG, S & C Electric Company, and Schneider Electric SA.
Highlights of the Distribution Automation Market Report:
✔ Distribution Automation Market Development: Comprehensive information about emerging industry. This report analyses for various segments across geographies
✔ Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Distribution Automation Market
✔ Competitive Assessment: In-depth assessment of the Distribution Automation Market strategies, geographic and business segments of the leading players in the industry.
✔ Market Diversification: Exhaustive information about new launching, untapped geographies, recent developments, and investments in the market
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https://exactitudeconsultancy.com/reports/9580/distribution-automation-market/#request-a-sample
Exactitude Consultancy follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the Distribution Automation Market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.
Growth rate or CAGR exhibited by a Distribution Automation Market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, Distribution Automation Market and technological developments, market trends, etc.
Customization Available: Global Distribution Automation Market
Exactitude Consultancy is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The Distribution Automation Market report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Distribution Automation Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
Statistical Analysis
The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our subject experts gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.
We provide statistical modelling, inferential statistical analysis, descriptive statistical analysis, and predictive analysis among various other types of studies. Thus, we provide customized reports with data preparation, management, and analysis. We also have a continuous feedback system, wherein our team ensures that new Distribution Automation Market developments are accurately incorporated in the previous databases.
Surveys And Discussion with Industry Leaders
Conducting primaries of industrial experts and subject experts is one of the most important steps of our research analysis. It is a continuous process and is carried out at each level along the value chain. To ensure that the Distribution Automation Market estimates are unbiased and depict the actual market scenario, we carry out questionnaires-based research and telephonic discussions with raw material suppliers and manufacturers, product manufacturers and distributors. Additionally, we also cover insights from representatives of regulatory bodies and industry associations.
With the help of insights collected from industrial experts, we are able identify Distribution Automation Market segments and key parameters including spending habits of consumers, raw material and production trends, pricing mechanism, and expansion plans of market players. This helps us in providing an-depth analysis of the concerned market.
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PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
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