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Increasing Need for Energy Efficiency propels Global Electric Power Distribution Automation Systems Market Growth

01-22-2024 01:34 PM CET | Energy & Environment

Press release from: Inkwood Research

ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET

ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET

According to a new market research report launched by Inkwood Research, the Global Electric Power Distribution Automation Systems Market is anticipated to reach $45525.97 million by 2030, projecting a 6.59% CAGR during the forecast period of 2022 to 2030.

Browse 35 Market Data Tables and 39 Figures spread over 197 Pages, along with an in-depth analysis of the Global Electric Power Distribution Automation Systems Market by Implementation, End-User, & by Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-power-distribution-automation-systems-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Request Free Sample Report for Global Electric Power Distribution Automation Systems Market by Implementation, End-User, & by Geography: https://inkwoodresearch.com/reports/electric-power-distribution-automation-systems-market/#request-free-sample

Global Electric Power Distribution Automation Systems Market Scenario

Electric power distribution automation systems (DAS) help analyze, manage, and collect the distribution of electricity. They improve the accuracy and speed of different key distribution system processes. Additionally, they offer real-time operational notifications about reactive power management, voltage monitoring, fault detection, grid integration, and preventive equipment maintenance of distributed energy resources.

One of the primary growth drivers of the global electric power distribution automation systems market is the rising need for electricity in corporate offices, data centers, hospitals, and hotels. In addition, there is an increasing need for immediate fault detection and energy efficiency in power distribution networks. Besides, the growing investments in smart cities have led to the upgradation of distribution and transmission infrastructure. Such aspects boost market demands.

The Global Electric Power Distribution Automation Systems Market report provides data tables and includes charts and graphs for visual analysis.

The China electric power distribution automation systems market is expected to record a CAGR of 9.00% during the forecast period, 2022-2028
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/china-electric-power-distribution-automation-systems-market/#report-summary

Market Segmentation

Market by Implementation
• Substation Automation
• Consumer Automation
• Feeder Automation

Market by End-User
• Industrial
• Residential
• Commercial

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Request for Customization: https://inkwoodresearch.com/request-for-custom-report/

Companies Profiled
• ITRON INC
• SCHNEIDER ELECTRIC SE
• HITACHI LTD
• G&W ELECTRIC COMPANY
• HUBBELL POWER SYSTEMS
• SIEMENS AG
• ABB LTD
• S&C ELECTRIC COMPANY
• ORACLE CORPORATION
• MITSUBISHI ELECTRIC CORPORATION
• SCHWEITZER ENGINEERING LABORATORIES INC
• HONEYWELL INTERNATIONAL INC
• GENERAL ELECTRIC COMPANY
• EATON CORPORATION PLC

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Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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