Home > Energy & Power > Electrical Equipment > Electrical Infrastructure > Distribution Automation Market

Distribution Automation Market Share

Report ID: GMI6920
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Distribution Automation Market Share

Major players in the distribution automation industry employ diverse strategies to sustain and grow their market presence. These tactics are typically shaped by factors like market competition, technological advancements, regulatory shifts, and evolving customer preferences. Key participants in this market encompass:

ABB
Siemens
Eaton
Xylem
S&C Electric Company
G&W Electric
Schneider Electric
GE
Schweitzer Engineering Laboratories, Inc.
Landis+Gyr
Cisco
TRILLIANT HOLDINGS INC
Toshiba Energy Systems & Solutions Corporation
Itron Inc.
Hubbell
Hitachi, Ltd.
NovaTech, LLC.

ABB, a global leader in electrification and automation technologies, has managed to maintain a substantial market share in the distribution automation market through a combination of innovative solutions, extensive industry expertise, and a commitment to customer satisfaction. ABB's comprehensive portfolio of distribution automation products and services, including smart grid solutions, advanced sensors, and grid management software, has positioned the company as a preferred choice for utilities seeking to modernize and optimize their distribution networks.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of distribution automation was worth USD 16 billion in 2023 and is set to exceed USD 41.3 billion by 2032, owing to the ongoing efforts of governmental entities across the globe to integrate smart technologies across the grid network.

The field devices segment held more than 42% share of the distribution automation market in 2022 and is expected to witness expansion through 2032, driven by the increasing emphasis on grid modernization and integration of renewable energy sources.

Asia Pacific distribution automation market size exceeded USD 4.5 billion in 2022 and is poised to surpass USD 15 billion by 2032, driven by the rapid urbanization and population growth in the region.

ABB, Siemens, Eaton, Schneider Electric, GE, Cisco, TRILLIANT HOLDINGS INC, Toshiba Energy Systems & Solutions Corporation, Itron Inc., Hitachi, Ltd., and NovaTech, LLC.