The global distribution automation market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. Distribution automation is a family of technologies, including sensors, processors, information and communication networks, and switches, through which a utility can collect, automate, analyze, and optimize data to improve the operational efficiency of its distribution power system. The growth of the distribution automation is attributed to the factors such as the transition from fuel-based electricity to renewable sources of energy and subsequent steps taken by governments and other private players to expand and upgrade the power transmission and distribution lines.
Browse the full report description of “Distribution Automation Market Size, Share & Trends Analysis Report by Component (Field Devices, and Software & Services), by Communication Technology (Wireless and Wired), and by Utility (Public and Private) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/distribution-automation-market
For instance, in January 2022, the Government of India revealed its plans to invest $1.6 billion to add new lines to transmit electricity from renewable plants as it seeks to draw half of its energy requirement from greener sources by 2030. Dedicated transmission lines of 10,750 circuit kilometers will be built across seven provinces under the second phase of the green energy corridor project. Such measures taken by the government are creating opportunities for advanced grid automation technologies and efficient management of renewable energy distribution. The growth of distribution automation is also driven by government initiatives to upgrade and expand the power transmission line. For instance, in May 2022, the US government launched a $2.5 billion fund to modernize and expand the capacity of the country’s power grid under the Transmission Facilitation Program (TFP). Its launch marks the largest infrastructure law investment made exclusively in transmission. It is also among the first down payments on the more than $20 billion of investments being made under the DOE’s new Building a Better Grid Initiative. The expansion of renewable energy sources, such as wind and solar power, has further driven the demand for automation in power transmission and distribution lines.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By Communication Technology
o By Utility
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including ABB Ltd., Siemens AG, Eaton Corp. plc, Xylem Inc., S&C Electric Co., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Distribution Automation Market Report Segment
By Component
• Field Devices
o Remote Fault Indicators
o Smart Relays
o Automated Feeder Switches
o Automated Capacitors
o Automated Voltage Regulators
o Automated Feeder Monitors
o Transformer Monitors
o Remote Terminal Units
• Software and Services
By Communication Technology
• Wireless
o Radio Frequency Mesh
o Cellular Networks
o Worldwide Interoperability for Microwave Access (WiMAX)
• Wired
o Fiber Optic
o Ethernet
o Powerline Carrier
o Internet Protocol (IP)
By Utility
• Public
• Private
Global Distribution Automation Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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