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Distribution Automation Market Competitive Scenario 2018 to 2023

The report "Distribution Automation Market by Component (Field Device (Smart Meters, Voltage Regulators, and Smart Sensors), Software & Services, Communication Technology (Wired, and Wireless)), Type of Utility (Public, Private), and Region - Global Forecast to 2023" The distribution automation market is expected to grow from an estimated market size of USD 11.82 billion in 2018 to USD 16.81 billion by 2023, at a CAGR of 7.29% from 2018 to 2023. The global market is set to witness significant growth because of the increasing renewable power generation and need for energy efficiency. Advancements in IoT and communication technologies present a significant opportunity for the distribution automation market.<br>

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Distribution Automation Market Competitive Scenario 2018 to 2023

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  1. Distribution Automation Market Competitive Scenario 2018 to 2023 www.MarketsandMarkets.com

  2. The report "Distribution Automation Market by Component (Field Device (Smart Meters, Voltage Regulators, and Smart Sensors), Software & Services, Communication Technology (Wired, and Wireless)), Type of Utility (Public, Private), and Region - Global Forecast to 2023" The distribution automation market is expected to grow from an estimated market size of USD 11.82 billion in 2018 to USD 16.81 billion by 2023, at a CAGR of 7.29% from 2018 to 2023. The global market is set to witness significant growth because of the increasing renewable power generation and need for energy efficiency. Advancements in IoT and communication technologies present a significant opportunity for the distribution automation market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=65029172

  3. Field Device: The largest segment, by component, during the forecast period The field device segment is expected to hold the major share of the distribution automation market during the forecast period. Growing investments in refurbishing the ageing infrastructure and government initiatives to promote the use of energy-efficient power generation resources are the major factors driving the distribution automation market in the European region. The European market players, such as ABB, Schneider Electric, and Eaton are involved in the manufacturing of field devices. These factors have resulted in the highest market share of the field device segment in the distribution automation market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=65029172

  4. Browse >> 68 market data tables 29 figures 134 pagesand in-depth TOC on “Distribution Automation Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 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.

  5. Asia Pacific: The fastest-growing market for distribution automation In this report, the distribution automation market has been analyzed on the basis of five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. The distribution automation market in Asia Pacific is driven by countries such as China, India, Japan, and Australia. Rapid industrialization in India, China, and Australia is expected to drive the implementation of distribution automation systems. These countries are increasing renewable power generation to meet their growing energy demand. According to the Renewable Energy Policy Network (REN21), China accounted for 45% of the total global investment for renewable power generation in 2017. Increasing investments in renewable power would drive the market for distribution automation in Asia Pacific. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=65029172

  6. Target Audience: • Consultants and advisory firms • Distribution automation solution providers • Electric Utilities • Electrical equipment associations • Government agencies • Network and communication service providers • Support and maintenance service providers • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.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 market. These include • ABB • Power System Engineering • Schweitzer Engineering Laboratories • GE • Schneider Electric • G&W Electric • S&C Electric • Cisco • Xylem (Sensus) • Landis+Gyr • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=65029172

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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