To Get More Information on Distribution Automation Market - Request Sample Report
The Distribution Automation Market size was valued at USD 16.96 billion in 2023 and is expected to grow to USD 53.18 billion by 2032 and grow at a CAGR of 13.54 % over the forecast period of 2024-2032.
Distribution automation refers to the use of advanced technologies and systems to improve the efficiency and reliability of electricity distribution. This includes the use of sensors, communication networks, and automation software to monitor and control the flow of electricity through the distribution grid.
By implementing distribution automation, utilities can reduce the frequency and duration of power outages, improve the accuracy of metering and billing, and optimize the use of their distribution assets. This can lead to significant cost savings for both utilities and their customers, as well as improved service quality and customer satisfaction. Some of the key technologies used in distribution automation include advanced metering infrastructure (AMI), distribution management systems (DMS), and outage management systems (OMS). These systems work together to provide real-time monitoring and control of the distribution grid, allowing utilities to quickly identify and respond to issues before they become major problems.
This market is rapidly growing due to the increasing demand for reliable and efficient power distribution systems. The implementation of distribution automation systems can help reduce power outages, improve power quality, and increase the overall efficiency of the distribution network. The market includes various components such as sensors, communication systems, and software solutions that work together to automate the distribution process. With the increasing adoption of renewable energy sources and the need for smart grid solutions, the distribution automation market is expected to continue its growth trajectory in the coming years.
Drivers
Increasing demand for energy
Growing need for greater flexibility and control
Increasing adoption of renewable energy sources
Increasing Demand for Reliable Power Supply
Restrain
High cost for implementation of distribution automation
Interoperability Issues
Interoperability issues can arise when different components of the distribution automation system are not compatible with each other. This can lead to operational inefficiencies, which can restrict the benefits of distribution automation.
Opportunities
Increasing awareness to reduce carbon footprint
Smart Grid Infrastructure Development
Challenges
Need for skilled personnel to manage and maintain the automation systems
Data Management Challenges
With the growth of data-driven automation solutions, managing and analyzing large amounts of data has become critical to the success of distribution automation systems. However, this presents a significant challenge for the distribution automation market, as managing this data can be complex and time-consuming. The challenge is exacerbated by the fact that data sources may be varied and come from different parts of the distribution network. As a result, proper data management strategies and solutions need to be implemented to ensure the successful functioning of distribution automation systems.
With the implementation of social distancing measures and lockdowns, the demand for remote monitoring and control of distribution systems has increased. This has led to a surge in the adoption of distribution automation technologies, such as advanced metering infrastructure, distribution management systems, and outage management systems. However, The COVID-19 pandemic has caused disruptions to the supply and demand chain of the distribution automation market. The lockdowns and restrictions on transportation have led to delays in the delivery of equipment and materials, leading to the postponement of projects and reduced revenue.
The conflict has impacted the electricity sector in Ukraine and Russia. Ukraine relies heavily on coal-fired power plants, most of which are located in the war-torn eastern regions. The conflict has disrupted the supply of coal to these power plants, leading to power shortages and blackouts. The situation has also affected the transmission of electricity between Ukraine and Russia, leading to periodic power outages. Distribution Automation is a specialized solution designed to optimize the distribution of electricity and automate power grids. The two countries are major players in Distribution Automation Market, and the war has disrupted their production and supply chain of distribution automation equipment, leading to delays in project implementation and increased costs.
Impact of Recession:
The distribution automation market has been significantly affected by the recent economic recession. The recession has caused a decrease in demand for distribution automation products and services. With the decrease in economic activity, the demand for electricity also declines. This led to a reduction in the need for advanced distribution automation technologies. This has resulted in a slowdown in the growth of the distribution automation market.
Asia-Pacific region is dominating region in the distribution automation market and is expected to hold the largest share during the forecast period. The rising demand for reliable and efficient power distribution systems is the main factor contributing to the growth of this market in this region.
Moreover, the presence of the fastest-growing economies, such as China and India, which are investing heavily in modernizing their power grids further led to a surge in demand for distribution automation solutions that can help utilities improve their operational efficiency, reduce downtime, and enhance customer satisfaction. In addition, the region's favorable regulatory environment and supportive government policies have created a conducive business environment for distribution automation companies. This has attracted a significant amount of investment in the sector, leading to the development of innovative technologies and solutions that cater to the unique needs of the Asia Pacific market.
Europe is expected to show the fastest growth in the distribution automation market. This growth is attributed to the region's robust infrastructure, favorable government policies, and increasing demand for energy-efficient solutions. Europe's advanced infrastructure provides a solid foundation for the adoption of distribution automation technologies. The region's well-developed power grid and communication networks enable the seamless integration of automation systems, resulting in improved efficiency and reliability. Moreover, European governments have been proactive in promoting the adoption of distribution automation technologies. Policies such as the European Union's Energy Efficiency Directive and the Clean Energy for All Europeans Package have incentivized utilities to invest in automation solutions, driving the market growth.
Do You Need any Customization Research on Distribution Automation Market - Enquire Now
The major players are GE, ABB, Schneider Electric, Siemens, Xylem, Toshiba, Mitsubishi Electric, S&C Electric Company, G&W Electric, Hubbell, Landis & Gyr, Itron, and other key players will be included in the final report.
In 2019, ABB launched two products: the REX640 distribution automation system and the SSC600 smart substation control and protection device. These innovative solutions were first introduced at the Hannover Messe 2018, and have since garnered widespread attention and excitement on a global level.
In 2023 S&C Electric Company launched EdgeRestore® Underground Distribution Restoration System. This technology represents a major milestone in the industry, as it will be the first automated restoration solution designed specifically for underground residential distribution circuits.
Report Attributes | Details |
Market Size in 2023 | US$ 14.01 Bn |
Market Size by 2031 | US$ 24.51 Bn |
CAGR | CAGR of 7.24% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component (Software, Hardware, and Field Devices) • By Communication Technology (Wired and Wireless) • By Utility (Public and Private) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | GE, ABB, Schneider Electric, Siemens, Xylem, Toshiba, Mitsubishi Electric, S&C Electric Company, G&W Electric, Hubbell, Landis & Gyr, Itron |
Key Drivers | • Increasing demand for energy • Growing need for greater flexibility and control |
Market Opportunities | • Increasing awareness to reduce carbon footprint • Smart Grid Infrastructure Development |
The expected CAGR of the global Distribution Automation Market during the forecast period is 13.54 %.
The estimated market size of the Distribution Automation Market is USD 53.18 billion in 2032.
The major competitors of the Distribution Automation Market are GE, ABB, Schneider Electric, Siemens, Xylem, Toshiba, Mitsubishi Electric, S&C Electric Company, G&W Electric, Hubbell, Landis & Gyr, and Itron.
Asia Pacific region is expected to hold the largest market share of the Distribution Automation Market during the forecast period.
The future outlook for the Distribution Automation Market looks positive, with the integration of advanced technologies such as IoT and AI, and the expansion of AMI infrastructure. Continued efforts towards addressing challenges and promoting collaboration will be crucial for the market's continued growth and transformation.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Distribution Automation Market Segmentation, By Component
8.1 Software
8.2 Hardware
8.3 Field Devices
9. Distribution Automation Market Segmentation, By Communication Technology
9.1 Wired
9.2 Wireless Dry
10. Distribution Automation Market Segmentation, By Utility
10.1 Public
10.2 Private
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Distribution Automation Market by Country
11.2.2North America Distribution Automation Market by Component
11.2.3 North America Distribution Automation Market by Communication Technology
11.2.4 North America Distribution Automation Market by Utility
11.2.5 USA
11.2.5.1 USA Distribution Automation Market by Component
11.2.5.2 USA Distribution Automation Market by Communication Technology
11.2.5.3 USA Distribution Automation Market by Utility
11.2.6 Canada
11.2.6.1 Canada Distribution Automation Market by Component
11.2.6.2 Canada Distribution Automation Market by Communication Technology
11.2.6.3 Canada Distribution Automation Market by Utility
11.2.7 Mexico
11.2.7.1 Mexico Distribution Automation Market by Component
11.2.7.2 Mexico Distribution Automation Market by Communication Technology
11.2.7.3 Mexico Distribution Automation Market by Utility
11.3 Europe
11.3.1 Europe Distribution Automation Market by Country
11.3.2 Europe Distribution Automation Market by Component
11.3.3 Europe Distribution Automation Market by Communication Technology
11.3.4 Europe Distribution Automation Market by Utility
11.3.5 Germany
11.3.5.1 Germany Distribution Automation Market by Component
11.3.5.2 Germany Distribution Automation Market by Communication Technology
11.3.5.3 Germany Distribution Automation Market by Utility
11.3.6 UK
11.3.6.1 UK Distribution Automation Market by Component
11.3.6.2 UK Distribution Automation Market by Communication Technology
11.3.6.3 UK Distribution Automation Market by Utility
11.3.7 France
11.3.7.1 France Distribution Automation Market by Component
11.3.7.2 France Distribution Automation Market by Communication Technology
11.3.7.3 France Distribution Automation Market by Utility
11.3.8 Italy
11.3.8.1 Italy Distribution Automation Market by Component
11.3.8.2 Italy Distribution Automation Market by Communication Technology
11.3.8.3 Italy Distribution Automation Market by Utility
11.3.9 Spain
11.3.9.1 Spain Distribution Automation Market by Component
11.3.9.2 Spain Distribution Automation Market by Communication Technology
11.3.9.3 Spain Distribution Automation Market by Utility
11.3.10 The Netherlands
11.3.10.1 Netherlands Distribution Automation Market by Component
11.3.10.2 Netherlands Distribution Automation Market by Communication Technology
11.3.10.3 Netherlands Distribution Automation Market by Utility
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Distribution Automation Market by Component
11.3.11.2 Rest of Europe Distribution Automation Market by Communication Technology
11.3.11.3 Rest of Europe Distribution Automation Market by Utility
11.4 Asia-Pacific
11.4.1 Asia Pacific Distribution Automation Market by Country
11.4.2 Asia Pacific Distribution Automation Market by Component
11.4.3 Asia Pacific Distribution Automation Market by Communication Technology
11.4.4 Asia Pacific Distribution Automation Market by Utility
11.4.5 Japan
11.4.5.1 Japan Distribution Automation Market by Component
11.4.5. 2Japan Distribution Automation Market by Communication Technology
11.4.5. 3Japan Distribution Automation Market by Utility
11.4.6 South Korea
11.4.6.1 South Korea Distribution Automation Market by Component
11.4.6.2. South Korea Distribution Automation Market by Communication Technology
11.4.6.3. South Korea Distribution Automation Market by Utility
11.4.7 China
11.4.7.1 China Distribution Automation Market by Component
11.4.7.2. China Distribution Automation Market by Communication Technology
11.4.7.3. China Distribution Automation Market by Utility
11.4.8 India
11.4.8.1 India Distribution Automation Market by Component
11.4.8.2. India Distribution Automation Market by Communication Technology
11.4.8.3 India Distribution Automation Market by Utility
11.4.9 Australia
11.4.8.1 Australia Distribution Automation Market by Component
11.4.8.2. Australia Distribution Automation Market by Communication Technology
11.4.8.3. Australia Distribution Automation Market by Utility
11.4.10 Rest of Asia-Pacific
11.4.10.1 APAC Distribution Automation Market by Component
11.4.10.2. APAC Distribution Automation Market by Communication Technology
11.4.10.3. APAC Distribution Automation Market by Utility
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Distribution Automation Market by Country
11.5.2 The Middle East & Africa Distribution Automation Market by Component
11.5.3 The Middle East & Africa Distribution Automation Market by Communication Technology
11.5.4 The Middle East & Africa Distribution Automation Market by Utility
11.5.5 Israel
11.5.5.1 Israel Distribution Automation Market by Component
11.5.5.2 Israel Distribution Automation Market by Communication Technology
11.5.5.3 Israel Distribution Automation Market by Utility
11.5.6 UAE
11.5.6.1 UAE Distribution Automation Market by Component
11.5.6.2 Israel Distribution Automation Market by Communication Technology
11.5.6.3 Israel Distribution Automation Market by Utility
11.5.7 South Africa
11.5.7.1 South Africa Distribution Automation Market by Component
11.5.7.2 South Africa Distribution Automation Market by Communication Technology
11.5.7.3 South Africa Distribution Automation Market by Utility
11.5.8 Rest of Middle East & Africa
11.5.8.1 Rest of Middle East & Asia Distribution Automation Market by Component
11.5.8.2 Rest of Middle East & Asia Distribution Automation Market by Communication Technology
11.5.8.3 Rest of Middle East & Asia Distribution Automation Market by Utility
11.6 Latin America
11.6.1 Latin America Distribution Automation Market by Country
11.6.2. Latin America Distribution Automation Market by Component
11.6.3 Latin America Distribution Automation Market by Communication Technology
11.6.4 Latin America Distribution Automation Market by Utility
11.6.5 Brazil
11.6.5.1 Brazil Distribution Automation Market by Component
11.6.5.2 Brazil Distribution Automation Market by Communication Technology
11.6.5.3Brazil Distribution Automation Market by Utility
11.6.6 Argentina
11.6.6.1 Argentina Distribution Automation Market by Component
11.6.6.2 Argentina Distribution Automation Market by Communication Technology
11.6.6.3 Argentina Distribution Automation Market by Utility
11.6.7 Rest of Latin America
11.6.7.1 Rest of Latin America Distribution Automation Market by Component
11.6.7.2 Rest of Latin America Distribution Automation Market by Communication Technology
11.6.7.3Rest of Latin America Distribution Automation Market by Utility
12. Company Profile
12.1 GE
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 ABB
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Schneider Electric
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Siemens
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Xylem
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Toshiba
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Mitsubishi Electric
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 S&C Electric Company
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 G&W Electric
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Hubbell
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Landis & Gyr
12.11.1 Market Overview
12.11.2 Financials
12.11.3 Product/Services/Offerings
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Itron
12.12.1 Market Overview
12.12.2 Financials
12.12.3 Product/Services/Offerings
12.12.4 SWOT Analysis
12.12.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. USE Cases and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Component
Software
Hardware
Field Devices
By Communication Technology
Wired
Wireless
By Utility
Public
Private
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Small Cell 5G Network Market size was valued at USD 2.73 billion in 2023 and is expected to grow to USD 371.13 billion by 2032 and grow at a CAGR of 72.6% over the forecast period of 2024-2032
The Digital Evidence Management Market was USD 7.9 Billion in 2023, is projected to reach USD 20.35 Bn by 2032, growing at a CAGR of 11.71% by 2024-2032.
The B2B E-Commerce Market Size was valued at USD 1825.01 Billion in 2023 and is expected to reach USD 8294.4 Billion by 2032 and grow at a CAGR of 18.32 % over the forecast period 2024-2032.
High-Performance Computing Market was worth USD 47.07 billion in 2023 and is predicted to be worth USD 92.33 billion by 2032, growing at a CAGR of 7.80 % between 2024 and 2032.
Customer Intelligence Platform Market was valued at USD 2.5 billion and is expected to reach USD 22.1 billion by 2032, growing at a CAGR of 27.4% over 2024-2032
The Distribution Automation Market size was valued at USD 16.96 Bn in 2023 and will reach USD 53.18 Bn by 2032 and grow at a CAGR of 13.54 % by 2024-2032.
Hi! Click one of our member below to chat on Phone