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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.
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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
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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.
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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?
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