Global distribution automation market is expected to generate around USD 22.02 billion by 2024, at a CAGR of around 4.34% between 2018 and 2024. The global distribution automation market is likely to be fuelled by the energy and power industry both in developed and emerging countries in the years ahead.
Distribution Automation Market
The report covers a forecast and an analysis of the distribution automation market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the distribution automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the distribution automation market on a global level.
In order to give the users of this report a comprehensive view of the distribution automation market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolios of various companies according to regions.
The study provides a decisive view of the distribution automation market by segmenting the market based on component, utility, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.
Some key industry players in the distribution automation market include Siemens AG, ABB, General Electric Company, Schneider Electric SE, Landis+Gyr, Power System Engineering, S&C Electric Company, Cisco Systems, Inc., and Xylem Inc.
This report segments the global Distribution Automation market into: