Distribution Automation Market was valued at USD 12.8 billion in 2021 and is expected to grow at a CAGR of 7.5% between 2022 and 2028. The need to increase the share of renewable energy generation and increase investment in improving grid reliability, operational efficiency and upgrading existing grid infrastructure is a key driver for the growth of the distribution automation market. The Internet of Things and communication technology are experiencing radical developments, a solid foundation for building the future of the automation secondary market. In addition, the development of technology leads to low cost of maintenance and high efficiency, which can become the growth driver of the market.
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Top Major Key Players Industries
Siemens AG
ASEA Brown Boveri
General Electric Company
Schneider Electric SE
Landis+Gyr
Power System Engineering
S&C Electric Company
Cisco Systems, Inc.
Xylem Inc.
By Component
Field Devices
Remote Fault Indicators
Smart Relays
Automated Feeder Switches
Automated Capacitors
Automated Voltage Regulators
Automated Feeder Monitors
Transformer Monitors
Remote Terminal Units
Software
Services
By Communication Technology
Wireless
Radio Frequency Mesh
Cellular Networks
WiMAX
Wired
Fiber Optic
Ethernet
Powerline Carrier
IP
By Utility
Public
Private
Cloud Managed Services Market dynamics
Cloud Managed Services Market size
Supply & Demand
Current TrendsIssuesChallenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
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Scope of the Report
The research study analyzes the global Distribution Automation industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Distribution Automation Market Report
What was the Distribution Automation Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Distribution Automation Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Distribution Automation Market was the market leader in 2022
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market ?
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