Press release
Renewable Power Surge Fueling The Growth Of Distribution Automation: A Significant Driver Propelling The Distribution Automation Market In 2025
Distribution Automation Market
What Is the Distribution Automation Market Size and Projected Growth Rate?
The market size for distribution automation has experienced robust growth in the past few years. The market, which is valued at $16.97 billion in 2024, is projected to increase to $18.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.1%. Reasons for this growth throughout the historic period include beneficial government policies and directives, an increasing component of renewable energy in the energy mix, trustworthy and effective energy consumption, and a decrease in power outage duration.
The market for distribution automation is poised for significant growth in the upcoming years, with its size predicted to reach $26.6 billion in 2029, expanding at a compound annual growth rate (CAGR) of 9.5%. The surge in growth during the forecast period can be linked to the growing requirement for digital transformation in the power sector, an increase in renewable power generation and its integration, enhancements in distribution system dependability and efficiency, and a sharp rise in electricity demand and grid infrastructures around the globe. Key trends observed during the forecast period are technological progression, the evolution of IoT and communication technologies, a heightened dependency on electrical equipment, growing consciousness about reducing carbon emissions, and the need to upgrade aging distribution infrastructure.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14090
What Are the Major Segments in the Distribution Automation Market?
The distribution automation market covered in this report is segmented -
1) By Component: Software, Field Devices, Services
2) By Communication: Wired, Wireless
3) By Application: Public Utility, Private Utility
4) By End User: Industrial, Commercial, Residential
Subsegments:
1) By Software: Distribution Management Systems (DMS), Supervisory Control And Data Acquisition (SCADA), Advanced Distribution Management Systems (ADMS), Outage Management Systems (OMS)
2) By Field Devices: Smart Meters, Intelligent Electronic Devices (IEDs), Remote Terminal Units (RTUs), Switchgear And Sensors
3) By Services: Consulting Services, Installation And Integration Services, Maintenance And Support Services, Training And Education Services
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14090&type=smp
What Are The Driving Distribution Automation Market Evolution?
Anticipated growth in renewable power generation is set to drive the expansion of the distribution automation market. Renewable power generation refers to the production of electricity through sources that naturally replenish themselves. Distribution automation plays a significant role in facilitating the efficient, reliable and sustainable incorporation of renewable energy into the power grid, aiding in the shift towards a cleaner and more sustainable energy future. For example, the Energy Information Administration (EIA), a chief US-based agency of the Federal Statistical System, revealed that wind and solar power made up 14% of U.S. electricity generation in 2022, a figure predicted to hike up to 18% by 2024. Moreover, both wind and solar energy are anticipated to spearhead the growth in U.S. power generation in the next couple of years. Solar power generation is slated to surge by 75%, from 163 billion kWh in 2023 to 286 billion kWh in 2024, while wind power generation is forecasted to witness a 11% growth, from 430 billion kWh in 2023 to 476 billion kWh in 2024. Consequently, this escalating renewable power generation is fuelling the expansion of the distribution automation market.
Which Firms Dominate The Distribution Automation Market Segments?
Major companies operating in the distribution automation market are Hitachi Ltd., Siemens AG, General Electric Company, Cisco Systems Inc., Mitsubishi Electric, Schneider Electric SE, ABB Ltd., Toshiba, Eaton Corporation Plc, American Electric Power, Xylem Inc., Hubbell Incorporated, Itron Inc., Schweitzer Engineering Laboratories Inc., Landis+Gyr, Ingeteam, S&C Electric Company, Cooper Power Systems LLC, G&W Electric, CE Power Engineered Services (US), Kalkitech, NovaTech LLC., Beckwith Electric, Trilliant Holdings, Minsait ACS, Aclara Technologies LLC, Advanced Control Systems Inc., Alstom SA, Atlantic City Electric Company, BPL Global Ltd., Crompton Greaves Limited
What Trends Are Expected to Dominate the Distribution Automation Market in the Next 5 Years?
Leading firms in the distribution automation market are advancing in the development of underground distribution restoration systems such as EdgeRestore to enhance the reliability of power supply to consumers. EdgeRestore is a fully automated solution tailored to pinpoint and isolate faults in hard-to-reach underground residential distribution circuits, thus, facilitating swift power restoration to residences. For example, in February 2023, S&C Electric Company, a specialist in switching, protection, and control solutions for electric power systems based in the US, introduced EdgeRestore. This is an automated solution crafted to augment crew safety and integrate seamlessly into the existing system. This innovative technology tackles underground lateral outages using an automated restoration solution, boosts crew safety, and smoothly integrates into the current system. The system proffers numerous benefits, such as enhancing customer reliability, allowing customers to sustain service, elevating overall satisfaction, and circumventing thousands of outage minutes.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/distribution-automation-global-market-report
Which Is The Largest Region In The Distribution Automation Market?
North America was the largest region in the distribution automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the distribution automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Distribution Automation Market?
2. What is the CAGR expected in the Distribution Automation Market?
3. What Are the Key Innovations Transforming the Distribution Automation Industry?
4. Which Region Is Leading the Distribution Automation Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Renewable Power Surge Fueling The Growth Of Distribution Automation: A Significant Driver Propelling The Distribution Automation Market In 2025 here
News-ID: 4022409 • Views: …
More Releases from The Business Research Company
Segment Analysis and Major Growth Areas in the Electronic Shift Operations Manag …
The electronic shift operations management solutions (eSOMS) market is on track for significant expansion in the coming years. With digital transformation becoming a top priority across industries, this market is set to play a crucial role in enhancing workforce coordination and operational efficiency. Let's explore the market's projected growth, key players, emerging trends, and its diverse segmentation to understand the full scope of this evolving sector.
Projected Market Growth and Size…
Emerging Sub-Segments Transforming the Flip Chip Market Environment
The flip chip market is poised for remarkable expansion over the coming years, driven by several cutting-edge technological trends and increasing demand across various industries. As advancements in semiconductor packaging and inspection technologies continue, the market outlook appears highly promising, with significant growth expected by 2030. This overview delves into the market size, key players, emerging trends, and detailed segment analysis shaping the future of the flip chip sector.
Projected Growth…
Emerging Growth Trends Driving Expansion in the Compact Wireless Microphone Mark …
The compact wireless microphone market is poised for impressive growth over the coming years, driven by technological advancements and shifting user demands. As digital integration deepens and new applications emerge, this sector is set to expand significantly, offering exciting opportunities for manufacturers and consumers alike.
Projected Growth and Size of the Compact Wireless Microphone Market
The compact wireless microphone market is anticipated to reach a value of $2.97 billion by 2030,…
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the El …
The electromagnetic metamaterial market is gearing up for substantial growth as technological advancements continue to shape various industries. Driven by innovations in communication, defense, healthcare, and renewable energy, this market is set to expand significantly in the coming years. Let's explore the market's size projections, key players, emerging trends, and the main segments defining its landscape.
Projected Growth and Market Size of the Electromagnetic Metamaterial Market
The electromagnetic metamaterial market is…
More Releases for Distribution
Chemical Distribution Market A Comprehensive Analysis of the Chemical Distributi …
Chemical Distribution Market to reach over USD 389.72 billion by the year 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Chemical Distribution Market Size, Share & Trends Analysis Report By Product (Commodity Chemicals, Specialty Chemicals) And End-User (Agriculture, Industrial Manufacturing, Consumer Goods, Textiles, Pharmaceuticals, Downstream Chemicals, Electrical & Electronics)- Market Outlook And Industry Analysis 2031"
The global chemical…
Secure 2 Fiber Distribution GmbH and DistriMania SARL announce distribution part …
Lünen/Chêne-Bourg, Germany/Switzerland - 04.07.2024. Cybersecurity and network optimization systems from Secure 2 Fiber are now quickly and easily available in France, Belgium and Switzerland thanks to the official collaboration with DistriMania.
Cyber threats know no borders. That is why it is an essential part of Secure 2 Fiber Distribution GmbH's corporate philosophy to provide its own cybersecurity and network optimization solutions in the B2B sector professionally and reliably beyond national borders.…
Blanket Distribution Drive
This winter, putting a positive spin on the new year, Extern Labs Inc. took an enlightening initiative to circulate blankets to the individuals in need.
This magnanimous service was conducted in several places of Jaipur, Rajasthan.
The chilling winters are extremely stressful in susceptible geographies like Rajasthan where on winter nights the temperature drops below 10℃.
Extern Labs strongly promotes the concept of giving back to society and persistently endeavours to…
Distribution Automation Markets
SDKI Inc. is a power distribution automation market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 14, 2021.
Report sample URL
https://www.sdki.jp/sample-request-109977
The distribution automation market is estimated to grow from US $ 11.82 billion in 2018 to US $ 16.81 billion by 2023, with a CAGR of 7.29% during the forecast…
Relay2 and sysob IT Distribution sign EMEA Master Distribution Agreement
Milpitas, June 10th, 2021, Relay2, Inc. www.relay2.com a well-recognized vendor in cloud-managed Wi-Fi networks and Edge Content Hosting platform and sysob IT Distribution www.sysob.com in Germany have signed a EMEA Master Distribution agreement.
Under the new agreement sysob will extend his Wi-Fi portfolio to offer the smart Relay2 Wi-Fi solutions to people, businesses, IoT devices and applications. Relay2 delivers superior Wi-Fi solution coupled with unique integrated computing and storage to…
RateGain launches Smart Distribution - the world’s first frictionless distribu …
RateGain launches Smart Distribution - the world’s first frictionless distribution platform
Smart Distribution is an AI/ML-based distribution solution which addresses the most pressing challenges in third-party distribution by making hotel distribution virtually frictionless.
Dallas, May 23, 2019: RateGain, the leader in hospitality and travel technology, unveiled the Smart Distribution solution during HEDNA, Madrid. This game-changing product will revolutionize the hotel distribution technology and will provide hoteliers with the ability to discover and…
