Power Distribution Automation Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component (Field Devices, Software & Services and Communication Technology), By Utility (Public and Private), By Region, Competition

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Summary

Report Description

Global Power Distribution Automation market is expected to grow at a healthy CAGR during the forecast period. The global power distribution automation market refers to the use of advanced technologies and solutions to automate the distribution of electricity from power generation plants to end users. Power distribution automation is a rapidly evolving field that aims to enhance the efficiency, reliability, and flexibility of electricity distribution systems. Power distribution automation contribute to improving the resilience of the distribution grid against various threats, including natural disasters, cyberattacks, and equipment failures. Self-healing capabilities, automated fault detection and isolation, and rapid system restoration will minimize downtime and mitigate the impact of disruptions. With the increasing adoption of renewable energy sources, Power distribution automation systems focus on integrating and managing a diverse range of distributed energy resources such as solar panels, wind turbines, energy storage systems, and electric vehicles. This integration require advanced control and coordination algorithms to ensure efficient and stable operation of the grid.

This market is driven by increasing demand for reliable and efficient power distribution systems, as well as the need for better monitoring and control of electricity grids. An essential component of electrical power systems for supplying electricity to consumers is the distribution of electricity. Automation in the distribution sector enables utilities to use flexible distribution system control, which can be used to improve the effectiveness, dependability, and quality of electric service.

The growth of the power distribution automation market is being driven by several factors, including the increasing adoption of smart grid technologies, the need to reduce distribution losses and improve energy efficiency, and the growing demand for renewable energy sources. In addition, the development of advanced communication technologies and the increasing deployment of advanced sensors and monitoring devices are also contributing to the growth of the market.


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Rise in Global Energy Consumption is Driving the Power Distribution Automation Market Across the Globe.

The rise in global energy consumption is one of the key drivers of the power distribution automation market worldwide. As populations and economies continue to grow, the demand for electricity and other forms of energy is also increasing. This trend is expected to continue in the coming years, leading to a surge in energy consumption across the globe.

To meet this growing demand, utilities and other energy providers are investing heavily in power distribution automation systems that can help them manage their grids more efficiently and reliably. These systems use advanced technologies such as smart sensors, communication networks, and software analytics to monitor and control the flow of power through the grid, optimize energy usage, and detect and respond to outages and other issues in real time.

The benefits of power distribution automation are numerous, including improved reliability and resilience of the grid, increased energy efficiency, reduced costs, and better customer service. As a result, the market for these systems is expected to continue growing in the coming years, especially in regions with high energy demand and a need for modernizing their aging infrastructure.

Power Distribution Automation Market is driven by increasing demand for reliable and efficient power distribution systems, as well as the need for better monitoring and control of electricity grids

The power distribution automation market across the globe is driven by several factors, including increasing demand for reliable and efficient power distribution systems, as well as the need for better monitoring and control of electricity grids.

One of the key drivers of the power distribution automation market is the growing demand for reliable and efficient power distribution systems. As populations and economies continue to grow, so does the demand for electricity. Power utilities are therefore investing in automation technologies to improve the efficiency and reliability of their distribution networks, thereby reducing outage times, and improving customer satisfaction.

In addition, the need for better monitoring and control of electricity grids is also driving the growth of the power distribution automation market. Automation technologies such as SCADA (Supervisory Control and Data Acquisition) systems, smart meters, and distribution management systems (DMS) enable utilities to monitor and control their grids in real-time, thereby improving grid reliability, reducing outage times, and minimizing the need for manual interventions.

Furthermore, government initiatives aimed at modernizing the electricity infrastructure in many countries are also contributing to the growth of the power distribution automation market. For example, the Indian government has launched the Smart Grid Mission, which aims to modernize the country's power grid by deploying advanced technologies such as distribution automation systems, smart meters, and advanced communication networks.

Overall, the demand for reliable and efficient power distribution systems, as well as the need for better monitoring and control of electricity grids, are key drivers of the power distribution automation market across the globe.

High Capital Investment is One of the Challenges associated with the Power Distribution Automation

Power distribution automation involves the use of advanced technologies and equipment to monitor and control the distribution of electricity. As a result, it typically requires a significant capital investment to implement and maintain. The implementation of power distribution automation requires the upgrading of existing infrastructure, including the installation of new equipment such as sensors, switches, and communication networks. This can be a costly process that requires significant capital investment. Power distribution automation relies on advanced technologies such as SCADA systems, smart meters, and distribution management systems. These technologies are expensive to purchase and maintain and require skilled personnel to operate them. Power distribution automation systems must be reliable and resilient to ensure uninterrupted power supply to consumers. This requires the implementation of redundant systems and backup power supplies, which can add to the overall cost. Power distribution automation systems must comply with regulatory standards, which can vary depending on the country or region. Meeting these standards can require additional capital investment to ensure compliance.

Some of the Recent Developments of the Key Market Players Are:

To increase customer demand, the major vendors in the market for Power Distribution Automation aim at introducing technologically advanced solutions and systems. This helps vendors to differentiate themselves from their counterparts and to sustain competition. Moreover, strategic partnerships & collaborations and investment in R&D activities are some of the other major strategies adopted by major market players to enhance their existing product portfolio and expand their market footprints.

  • In 2021, ABB launched a new distribution automation solution called UniSec Digital, which integrates digital features such as remote monitoring and control, cybersecurity, and predictive maintenance into its switchgear technology.
  • In 2021, Siemens introduced a new energy management system called Sicam GridPass, which is designed to help power utilities manage and optimize their distribution grids. The system includes features such as real-time monitoring, advanced analytics, and decision support tools.
  • In 2021, Schneider Electric announced the launch of a new line of smart switchgear called Masterpact MTZ, which uses digital technologies such as IoT sensors and cloud connectivity to enable remote monitoring and control of power distribution systems.
  • In 2021, GE unveiled a new software platform called Digital Energy Field Services, which uses advanced analytics and machine learning to help power utilities, optimize their distribution networks, and improve grid reliability.
  • In 2021, Eaton Corporation launched a new line of medium-voltage switchgear called Power Xpert XGIS, which features advanced protection and control capabilities, as well as cloud-based monitoring and diagnostics.

Market Segmentation

Based on Component, the market is segmented into Field Device, Software & Services and Communication Technology. Based on Utility, the market is segmented into Public and Private. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Some of the major players in the Power Distribution Automation market include ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation Inc., Schneider Electric SE, Cisco Systems, Inc., Landis+Gyr, S&C Electric Company, G&W Electric Company, Schweitzer Engineering Laboratories, Inc.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Component

By Utility

By Region

Regional Scope

Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Country Scope

China, Japan, India, Australia, South Korea, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia

Key Companies Profiled

ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation Inc., Schneider Electric SE, Cisco Systems, Inc., Landis+Gyr, S&C Electric Company, G&W Electric Company, Schweitzer Engineering Laboratories, Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, the global Power Distribution Automation market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Power Distribution Automation Market, By Component:
    • Field Devices
    • Software & Services
    • Communication Technology
  • Power Distribution Automation Market, By Utility:
    • Public
    • Private
  • Power Distribution Automation Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
    • Middle East & Africa
      • Israel
      • Turkey
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Power Distribution Automation market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Power Distribution Automation Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customer

4.1.  Key challenges

4.2.  Major drivers of Power Distribution Automation

4.3.  Key factors for selecting Power Distribution Automation.

5.    Global Power Distribution Automation Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Component (Field Device, Software & Services and Communication Technology)

5.2.2.    By Utility (Public and Private)

5.2.3.    By Region

5.2.4.    By Company (2022)

5.3.  Market Map

5.3.1.    By Component

5.3.2.    By Utility

5.3.3.    By Region

6.    North America Power Distribution Automation Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Component

6.2.2.    By Utility

6.2.3.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Power Distribution Automation Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value 

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Component

6.3.1.2.2.           By Utility

6.3.2.    Canada Power Distribution Automation Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value 

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Component

6.3.2.2.2.           By Utility

6.3.3.    Mexico Power Distribution Automation Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value 

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Component

6.3.3.2.2.           By Utility

7.    Asia-Pacific Power Distribution Automation Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Component

7.2.2.    By Utility

7.2.3.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Power Distribution Automation Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Component

7.3.1.2.2.           By Utility

7.3.2.    Japan Power Distribution Automation Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Component

7.3.2.2.2.           By Utility

7.3.3.    South Korea Power Distribution Automation Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Component

7.3.3.2.2.           By Utility

7.3.4.    India Power Distribution Automation Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value 

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Component

7.3.4.2.2.           By Utility

7.3.5.    Australia Power Distribution Automation Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value 

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Component

7.3.5.2.2.           By Utility

8.    Europe Power Distribution Automation Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Component

8.2.2.    By Utility

8.2.3.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Power Distribution Automation Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Component

8.3.1.2.2.           By Utility

8.3.2.    United Kingdom Power Distribution Automation Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Component

8.3.2.2.2.           By Utility

8.3.3.    France Power Distribution Automation Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Component

8.3.3.2.2.           By Utility

8.3.4.    Italy Power Distribution Automation Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Component

8.3.4.2.2.           By Utility

8.3.5.    Spain Power Distribution Automation Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Component

8.3.5.2.2.           By Utility

9.    South America Power Distribution Automation Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Component

9.2.2.    By Utility

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Power Distribution Automation Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Component

9.3.1.2.2.           By Utility

9.3.2.    Argentina Power Distribution Automation Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Component

9.3.2.2.2.           By Utility

9.3.3.    Colombia Power Distribution Automation Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Component

9.3.3.2.2.           By Utility

10. Middle East & Africa Power Distribution Automation Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Component

10.2.2. By Utility

10.2.3. By Country

10.3.             Middle East & Africa: Country Analysis

10.3.1. Israel Power Distribution Automation Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Component

10.3.1.2.2.         By Utility

10.3.2. Turkey Power Distribution Automation Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Component

10.3.2.2.2.         By Utility

10.3.3. UAE Power Distribution Automation Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Component

10.3.3.2.2.         By Utility

10.3.4. Saudi Arabia Power Distribution Automation Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Component

10.3.4.2.2.         By Utility

11. Market Dynamics

11.1.             Drivers

11.1.1. Rise in global energy consumption

11.1.2. Growing need for improved grid infrastructure

11.1.3. Growing demand for renewable energy sources

11.2.             Challenges

11.2.1. High capital investment

11.2.2. Technical complexities and lack of standards

12. Market Trends & Developments

12.1.         Evolving communication and IoT technologies 

12.2.         Increasing smart city projects globally

12.3.         Growing investments in infrastructure

12.4.         Government initiative

12.5.         Immediate fault detection and protection

13. Impact of Covid-19 on Power Distribution Automation Market

14. Company Profiles

14.1.                ABB Ltd.

14.1.1.    Business Overview

14.1.2.    Key Revenue (If Available)

14.1.3.    Recent Developments

14.1.4.    Key Personnel

14.1.5.    Key Location/Service Offered

14.2.                Siemens AG

14.2.1.    Business Overview

14.2.2.    Key Revenue (If Available)

14.2.3.    Recent Developments

14.2.4.    Key Personnel

14.2.5.    Key Location/Service Offered

14.3.                General Electric Company

14.3.1.    Business Overview

14.3.2.    Key Revenue (If Available)

14.3.3.    Recent Developments

14.3.4.    Key Personnel

14.3.5.    Key Location/Service Offered

14.4.                Eaton Corporation Inc.

14.4.1.    Business Overview

14.4.2.    Key Revenue (If Available)

14.4.3.    Recent Developments

14.4.4.    Key Personnel

14.4.5.    Key Location/Service Offered

14.5.                Schneider Electric SE

14.5.1.    Business Overview

14.5.2.    Key Revenue (If Available)

14.5.3.    Recent Developments

14.5.4.    Key Personnel

14.5.5.    Key Location/Service Offered

14.6.                Cisco Systems, Inc.

14.6.1.    Business Overview

14.6.2.    Key Revenue (If Available)

14.6.3.    Recent Developments

14.6.4.    Key Personnel

14.6.5.    Key Location/Service Offered

14.7.                Landis+Gyr

14.7.1.    Business Overview

14.7.2.    Key Revenue (If Available)

14.7.3.    Recent Developments

14.7.4.    Key Personnel

14.7.5.    Key Location/Service Offered

14.8.                G&W Electric Company

14.8.1.    Business Overview

14.8.2.    Key Revenue (If Available)

14.8.3.    Recent Developments

14.8.4.    Key Personnel

14.8.5.    Key Location/Service Offered

14.9.                S&C Electric Company

14.9.1.    Business Overview

14.9.2.    Key Revenue (If Available)

14.9.3.    Recent Developments

14.9.4.    Key Personnel

14.9.5.    Key Location/Service Offered

14.10.             Schweitzer Engineering Laboratories, Inc.

14.10.1. Business Overview

14.10.2. Key Revenue (If Available)

14.10.3. Recent Developments

14.10.4. Key Personnel

14.10.5. Key Location/Service Offered

15. Strategic Recommendations

15.1.         Fastest Growing Market by Utility

15.2.         Dominating Market by Component

15.3.         Dominating Market by Region & Country

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Key players in the Global Power Distribution Automation Market are ABB Ltd., Siemens AG, General Electric Company, Eaton Corporation Inc., Schneider Electric SE, Cisco Systems, Inc., Landis+Gyr, S&C Electric Company, G&W Electric Company, Schweitzer Engineering Laboratories, Inc

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Some of the challenges of the global power distribution automation market are high capital investment and technical complexities.

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Distribution Automation Systems enable an electric utility to monitor, coordinate, and operate distribution components in a real- time mode from remote locations.

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Rise in Global Energy Consumption and the Need to Reduce Distribution Losses & Improve Energy Efficiency are driving the demand for Power Distribution Automations.

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