Distribution Automation Market to Reach $17.7 billion by 2025

1. Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless (RF Mesh, Cellular, Wimax)), Utility, Region - Global Forecast to 2025 www.MarketsandMarkets.com

2. The global Distribution Automation Market size is expected to grow from an estimated value of USD 12.4 billion in 2020 to USD 17.7 billion by 2025, at a CAGR of 7.4% from 2020 to 2025. The need for improved grid reliability and operating efficiency and increasing investments to upgrade aging grid infrastructure are major factors driving the growth of this market. View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/distribution-automation-market-65029172.html

3. Public utility segment estimated to hold a larger share of the distribution automation market than the private utility segment during the forecast period The distribution automation market has been segmented based on utility into public and private. The public utility segment accounted for a larger market share in 2019. Public utilities are undertaking initiatives to adopt new advanced technologies due to increased regulation and evolving customer preferences. Make an Inquiry: https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=65029172

4. Wireless segment projected to register a higher CAGR than the wired segment during the forecast period Based on communication technology, the market has been segmented into wired and wireless. The wireless segment is expected to witness a higher CAGR during the forecast period. Distribution automation uses wireless communication due to its ease in accessibility and increased efficiency. This wireless communication technology provides integral support to the utilities by offering high bandwidth and covering a large area. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65029172

5. Browse >> 113 market data tables 48 figures 185 pagesand in-depth TOC on “Distribution Automation Market - Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

6. Asia Pacific estimated to dominate the distribution automation market during the forecast period Asia Pacific is estimated to be the largest market for distribution automation during the forecast period. For the market analysis, the region has been segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The demand for distribution automation in this region is driven mostly by the increasing electricity consumption and the need to upgrade aging infrastructure. Countries in this region are shifting toward clean energy to meet the growing energy demands. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=65029172

7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Distribution Automation Market. These include • ABB (Switzerland), • Eaton (Ireland), • GE (US), • Schneider Electric (France), • Siemens (Germany) and many more... • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=65029172

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