Europe Distribution Feeder Automation System Market Size, Share 2025
Posted by Robson Tolson on January 27th, 2020
According to Tech Sci Research report, “Europe Distribution Feeder Automation System Market By Product, Application, By Region, Competition, Forecast & Opportunities, 2025”, the Europe distribution feeder automation system market is expected to witness steady growth during the forecast period. Automation process of power distribution feeders is necessary in a distribution network in order to accomplish uninterrupted & faultless power supply. Continuous research and development activities in the areas of communication technologies and innovation in the distribution automation to make distribution automation more intelligent, efficient, and cost effective, is projected to drive the market growth over the next five years. Moreover, growth of overall commercial and industrial sector in the region is directly influencing the growth of distribution feeder automation market. However, delay in implementation of distribution feeder automation systems and high standards are some of the major factors that might hamper the growth of Europe distribution feeder automation system market through 2025.
The Europe distribution feeder automation system market is segmented based on product, application, region and company. By product, the Europe distribution feeder automation system market is fragmented into hardware, software, & services. Among them, the software segment is projected to witness high growth in the years to come, which can be accredited to advancements in IoT and communication technologies.
Key Players :
Eaton Corporation PLC., Advanced Control Systems Inc., ABB Ltd., G&W Electric, Schneider Electric SE, Crompton Greaves Ltd., Siemens AG, Moxa, Schweitzer Engineering Laboratories, Viola Systems Ltd. etc. are some of the leading players operating in Europe distribution feeder automation system market.
“Europe distribution feeder automation system market is anticipated to grow substantially over the coming years owing to continuous demand for the power generation through sustainable and clean sources. Additionally, minimal outage time coupled with reduced monitoring and management demand are other factors that are estimated to bode well for the growth of Europedistribution feeder automation system market during the forecast years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Objective of the Study:
2. To classify and forecast Europe distribution feeder automation system market based on product, application, company and regional distribution.
3. To identify drivers and challenges for Europe distribution feeder automation system market.
4. To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe distribution feeder automation system market.
5. To conduct pricing analysis for Europe distribution feeder automation system market.
6. To identify and analyze the profile of leading players operating in Europe distribution feeder automation system market.
“Europe Distribution Feeder Automation System Market By Product, Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe distribution feeder automation system market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe distribution feeder automation system market.
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About the AuthorRobson Tolson
Joined: February 21st, 2017
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