A new market research report introduced by TechSci Research provides an overall analysis of Global Distribution Automation Market. The presented market report will incorporate all the major factors and advancements that assume an imperative role in market growth in the anticipated range of 6 years. It likewise introduces the overview of industry players, preferences, challenges the market is experiencing. The research report gives an entire comprehension of the Global Distribution Automation Market in terms of revenue.
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Global Distribution Automation Market is projected to reach USD 16.77 Billion by 2023, at a CAGR of over 7% during 2019-2023. The major factors propelling the growth of the market are advancements in IoT & communication technologies and upgradation of aging distribution infrastructure across the globe. Based on the component, the market has been segmented into three main types i.e. Field Device, Software & Services and Communication Technology. In 2017, the field device segment accounted for the largest market share and is anticipated to dominate the market over the next five years as well. The field device segment is further divided into Voltage Regulator, Smart Sensor, Smart Meter, Smart Recloser, Smart Relay and Others. Among these, the Smart meters can mechanically read the meter and update the meter points. The key function of voltage regulators is to increase or decrease voltage levels in electrical management systems. All these features offered by major field devices are predictable to drive the field device segment of the distribution automation market over the next five years as well. Based on utility type, the market has been segmented into public and private utility. In 2017, the public utility segment dominated the overall market type with highest market share and it is projected to grow at the fastest rate during the forecast period as well owing to government grants offered to public utilities.
TechSci Research performed both primary as well as exhaustive secondary research for Global Distribution Automation Market study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
Some of the leading players in the Global Distribution Automation Market are GE, ABB, Cisco, Xylem, Power System Engineering, Schweitzer Engineering Laboratories, S&C Electric, Siemens, Landis+Gyr, Eaton etc.
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Table of Content:
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Aided Brand Awareness
4.2. Factors Influencing Purchase Decision
4.3. Challenges/Issues Faced Post Purchase
- Global Distribution Automation Market Overview
- Global Distribution Automation Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type of Utility (Public and Private Utility)
6.2.2. By Component (Field Device (Voltage Regulator, Smart Relay, Automated Capacitor and Others), Software & Services and Communication Technology (Wireless Technology and Wired Technology))
6.2.3. By Region
6.3. Market Attractiveness Index
- Asia-Pacific Distribution Automation Market Outlook
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