Distribution Automation Market 2019 Industry Trend and Forecast 2027

Posted by Katheine Silway on April 16th, 2021

Global Distribution Automation Market: Overview

Reaching a significant market worth by 2027, the global distribution automation market is set to chart a notable CAGR (Compound Annual Growth Rate) owing to an increase in generation of renewable energy, and a rising demand for energy efficiency.

It is worth pointing out here that developing countries such as India are witnessing an increase in distributed energy generation and that is leading a plethora of untapped opportunities emerging in the market landscape.

Major Key Players of the Distribution Automation Market are:
Siemens (Germany), ABB (Switzerland), GE (US), Schneider Electric (France), and Eaton (Ireland). Software providers such as Cisco (US) and Xylem (Sensus) (US) provide software to OEMs such as ABB (Switzerland) and Siemens (Germany), among others.

Global Distribution Automation Market:  Key Trends and drivers

The global Distribution Automation market is looking at significant factors of growth over the forecast period. Some of the key factors comprise the ones outline below. A thorough analysis can be found in the upcoming global distribution automation market study report done by Transparency Market Research (TMR).

  • Increase in generation of renewable energy is leading to growth in the distribution automation system. In the total energy mix, the share of renewables is increasing, driving the global Distribution Automation market up significantly.  Besides, it has been noted that existing infrastructure is ageing and as that demands for an upgrade, it is good news for the distribution automation market all the way.
  • Communication technologies are witnessing revolutionary advancement and so is Internet of Things (IoT), which is a solid foundation to build the future of automation on as it has the capacity of smoothening creases from planning, processes and outcomes. Besides, precision and accuracy will improve with further advancement in the field. Additionally, as advancement in technology leads to lower maintenance cost and high efficiency, market for the distribution automation will only see a higher upward curve over the forecast period.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

Like it? Share it!


Katheine Silway

About the Author

Katheine Silway
Joined: April 6th, 2021
Articles Posted: 102

More by this author