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...
Exponential Rise in Global Energy Consumption Boost Distribution Automation Market
Increasing focus on the replacing the aging power grid infrastructures is one of the primary driver accelerating the growth of the market. The growth of the distribution automation market can be attributed by the increasing deployment of smart grid technologies and rapidly growing investments in smart grid infrastructure to provide a reliable and efficient power supply.
The global Distribution...
Distribution Automation Market to Outstrip $17.7 Billion by 2025 Growing Sturdy at 7.4% CAGR – COVID-19 Impact and Global Analysis
Distribution Automation Market: Key Insights
According to the new market research report “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″, size is expected to grow from an estimated...
Distribution Automation Market Size – Industry Share Report 2018-2023
The distribution automation market is estimated to grow at a CAGR of 7.29% from 2018 to 2023, to reach a projected market size of USD 16.81 billion by 2023. Distribution automation is a solution, which includes monitoring, protecting, controlling, and maintaining the distribution network. Distribution automation is mainly divided into two areas including distribution substation & feeder automation...