Global Distribution Automation Market: Overview
Reaching a significant market worth by 2027, the global distribution
automation market is set to chart a notable CAGR (Compound
Annual Growth Rate) owing to an increase in generation of renewable energy, and
a rising demand for energy efficiency.
It is worth pointing out here that developing countries such
as India are witnessing an increase in distributed energy generation and that
is leading a plethora of untapped opportunities emerging in the market
landscape.
Major Key Players of
the Distribution Automation Market are:
Siemens (Germany), ABB (Switzerland), GE (US), Schneider Electric (France),
and Eaton (Ireland). Software providers such as Cisco (US) and Xylem (Sensus)
(US) provide software to OEMs such as ABB (Switzerland) and Siemens (Germany),
among others.
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Global Distribution Automation Market: Key Trends
and drivers
The global Distribution Automation market is looking at
significant factors of growth over the forecast period. Some of the key factors
comprise the ones outline below. A thorough analysis can be found in the
upcoming global distribution automation market study report done by
Transparency Market Research (TMR).
- Increase
in generation of renewable energy is leading to growth in the distribution
automation system. In the total energy mix, the share of renewables is
increasing, driving the global Distribution Automation market up
significantly. Besides, it has been noted that existing
infrastructure is ageing and as that demands for an upgrade, it is good
news for the distribution automation market all the way.
- Communication
technologies are witnessing revolutionary advancement and so is Internet of
Things (IoT), which is a solid foundation to build the future of
automation on as it has the capacity of smoothening creases from planning,
processes and outcomes. Besides, precision and accuracy will improve with
further advancement in the field. Additionally, as advancement in
technology leads to lower maintenance cost and high efficiency, market for
the distribution automation will only see a higher upward curve over the
forecast period.
Our key underpinning is the 4-Quadrant Framework EIRS that
offers detailed visualization of four elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
The study strives to evaluate the current and future growth
prospects, untapped avenues, factors shaping their revenue potential, and
demand and consumption patterns in the global market by breaking it into
region-wise assessment.
The following regional segments are covered comprehensively:
- North
America
- Asia
Pacific
- Europe
- Latin
America
- The
Middle East and Africa
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The report sheds
light on various aspects and answers pertinent questions on the market. Some of
the important ones are:
1. What can be the best investment choices for venturing
into new product and service lines?
2. What value propositions should businesses aim at while
making new research and development funding?
3. Which regulations will be most helpful for stakeholders
to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments
in near future?
5. What are the some of the best cost optimization
strategies with vendors that some well-entrenched players have gained success
with?
6. Which are the key perspectives that the C-suite are
leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status
of key regional markets?
8. How will the emerging political and economic scenario
affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various
segments?
10. What will be the barrier to entry for new players in the
market?
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