Global Electric Power Distribution Automation Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Electric Power Distribution Automation Market By Implementation, and Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Electric Power Distribution Automation Market was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Electric power distribution automation a system equipped with superior software program, intelligent processors, computerized control, and smart sensors to coordinate and monitor the distribution assets of electric power.
Increased complexity in distribution network, threat of cyber-attack, and growing investments in transmission & distribution are the major drivers for growth of this market. Need of real time monitoring, quick anticipation & isolation of problems, changing government’s policies & regulations are some of the other growth drivers for this market.
This report provides a detailed analysis of electric power distribution automation market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global electric power distribution automation market is majorly segmented on the basis of Implementation (Distribution Substation & Feeder Automation and Consumer Location Automation) & Applications (Industrial, Commercial and Residential).
In terms of geography market is divided into North America, Europe, Asia-Pacific and LAMEA. The growth of electric power distribution automation market in North America is majorly influenced by growing investments in energy sector and strict regulatory frameworks associated with the implementation of electric power distribution automation systems.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in Global Electric Power Distribution Automation Market and what are their strategies? • Which vertical is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Eaton Corporation Plc., Elster Solutions, G&W Electric Company, General Electric, Hubbell Power Systems, Itron, Inc., Mitsubishi Electric Corp., S&C Electric Company, Schneider Electric, Siemens AG and Schweitzer Engineering Laboratories.
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