Distribution Automation Market Size, Share, Trends, And Growth Report 2032

Distribution Automation Market: Size

The global distribution automation market size was worth around USD 23.36 billion in 2023 and is predicted to grow to around USD 44.33 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.50% between 2024 and 2032.

The report covers a forecast and an analysis of the distribution automation market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).

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Distribution Automation Market: Overview

Distribution automation is the method that involves collecting, analyzing, and automating of data, to implement the controls by the utilities.  Distribution automation is slightly incongruous, as it is inferred or implemented in a closed loop. Administrators need to see the investigation, look at the proposed control structure, approve that no specialists on the lines, guarantee that they don't have development in the territory, and decipher the information in a way that would commonly have been done in the past through a progressively manual process. Thus, building a fully ready or operational utility is a time-consuming process

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.

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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.

Distribution Automation Market: Growth Factors

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. As non-renewable energy sources are depleting rapidly, the usage of renewable energy increasing. This, in turn, is another major factor anticipated to boost this global market in the upcoming years. Additionally, with the technological advancements, the growing application of IoT and the development of communication technologies are projected to further drive the distribution automation market in the future. With distribution automation implemented, more effective monitoring and cost-effective maintenance can be witnessed across various industries.

Distribution automation technologies provide progressive competences for network administrators or operators to easily detect, locate, and diagnose problems along with the issues and faults related to equipment or system modules. In fact, fault location, isolation, and service restoration (FLISR) technologies identify major issues and problems in seconds by automatically isolating problems. These attributes of distribution automation technology are anticipated to positively impact the distribution automation market globally in the future. Thus, these are some factors likely to contribute notably to the distribution automation market over the forecast timeline. However, the high installation costs of distribution automation technology might hamper the distribution automation market globally in the future.

Distribution Automation Market: Segmentation

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 2024 to 2032.

By component, the distribution automation market is segmented into field device, software and services, and communication technology.

By utility, this market is bifurcated into private utility and public utility.

Distribution Automation Market: Report Scope

Distribution Automation Market: Regional Analysis

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. 

The Asia Pacific distribution automation market is likely to grow significantly in the future. This can be attributed to favorable government initiatives toward sustainability and a clean environment along with continuous industrial developments in the energy and power sector. The North American region is anticipated to provide significant growth opportunities in the distribution automation market in the upcoming years, owing to the huge investments made in the energy and power industry and the increasing acceptance of solar and wind energy as power supply sources among various industry verticals in North America.

Distribution Automation Market: Key Players Analysis

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.
• Xylem Inc.

This report segments the global Distribution Automation market into:

Global Distribution Automation Market: Component Analysis

• Field Device
• Software and Services
• Communication Technology

Global Distribution Automation Market: Utility Analysis

• Public Utility
• Private Utility

Global Distribution Automation Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa