Distribution Automation Industry Report 2025: Market Growth Due to Rising Demand of Electricity
The global distribution automation industry is estimated to be valued at USD 19.3 billion in 2024 and is projected to reach USD 36.5 billion by 2029, growing at a CAGR of 13.6% for the forecast period of (2024-2029). The presence of several significant players in the market, modernization of aging grid, and the increase in the need for electricity globally are driving the growth of the Electricity...
Distribution Automation Market Size to Grow $36.5 billion by 2029
According to a research report “Distribution Automation Market by Offering (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless), Utility (Public Utilities, Private Utilities) and Region – Global Forecast to 2029″ published by MarketsandMarkets, the global distribution automation market is estimated to be valued...
Automotive Ethernet Market Size, Share and Industry Analysis 2028
The global automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 19.7%. the increasing adoption of autonomous cars, where high-speed and reliable communication is essential is driving the growth of automotive ethernet globally.
Booming trend of connected cars
The automotive Ethernet market is experiencing significant growth,...