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Distribution Automation Market Share

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

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
  • 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.

Distribution Automation Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 360
  • Countries covered: 19
  • Pages: 295
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