Distribution automation is an integrated solution/process consisting of field devices, communications and software applications designed to optimize power grid efficiency and reliability. Distribution automation solutions help make electric utility infrastructure smarter, more dynamic, and exceptionally resilient and secure. It can even optimize distributed generation resources and extend the life of existing assets.
Distribution automation can improve the speed, cost, and accuracy of different key distribution system processes, including fault detection, feeder switching, and outage management; voltage monitoring and control; reactive power management; preventative equipment maintenance for critical substation and feeder line equipment; and grid integration of distributed energy resources. Distribution automation spans many functional and product areas including computer systems, application software, RTUs, communication systems and metering products.
Increasing Investments to Upgrade Aging Grid Infrastructure
The upgrade of aging power distribution systems & rising adoption of smart grids are major factors driving the distribution automation solutions market growth. Aging infrastructure is a key challenge anticipated to impact the power industry negatively. This has encouraged high investments in replacing or upgrading the existing infrastructure. Automation plays an important role in increasing the availability of distributed energy and modernizing grid infrastructure. Furthermore, the issues arising due to aging infrastructure demand the use of an intelligent approach for infrastructure development to optimize energy generation and energy distribution. Several countries are reluctant to maintain or upgrade their networks due to the high costs associated with electricity disruptions and the need for high investments. According to the U.S. Department of Energy, nearly 70% of the transmission and distribution lines are older than 25 years old. Thus, aging infrastructure is cited as a major hindrance to the constant power supply in the country.
Surging Need for Improved Grid Reliability and Operating Efficiency:
Distribution automation has emerged as an integral part of a modern grid and offers a path to maintain reliability and accommodate new technologies at a reasonable cost. The smart power distribution grids have evolved significantly, and such systems improve system reliability by reducing the frequency and duration of outages. They also optimize asset utilization and increase power quality. The application of modern automation concepts into the primary distribution substations enables utilities and operators to see better and deeper within their grid.
Implementing automation into a distribution network increases grid visibility, reduces outage frequency and time, improves grid reliability and efficiency, and integrates more distributed energy resources. Improving grid reliability can reduce economic losses and customer inconveniences from sustained power interruptions. The functionality ranges from monitoring to fully automated applications, including new solutions such as FLISR, voltage and reactive power compensation, and power quality.
High Capital Requirement for Installation & Maintenance:
Despite these drivers, the high capital requirement for installation and maintenance of distribution automation systems and a large volume of data to process and analyze are the major restraints hampering the market growth during the forecast period. Integrating different vendors, including information technology providers, communication network suppliers and hardware suppliers, is also important to create products that prepare automation companies to meet future demand.
Currently, the prices of distribution automation equipment are increasing significantly due to the increase in the raw materials they are made from. The prices of these materials are increasing significantly as a result of their scarcity and because of inflation. Several vendors have endeavored to absorb the increase in raw materials prices to remain cost-competitive. However, as the raw materials are still expensive, they suffer from reduced profit margins. Moreover, end-users require constant maintenance and support from vendors, which increases the overall cost for the vendors.
General Electric Company
Fujitsu Limited.
ABB Ltd
Eaton Corporation plc
Schneider Electric SE
Itron Inc.
Honeywell International Inc.
Mitsubishi Electric Corporation
Siemens AG
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1. GLOBAL DISTRIBUTION AUTOMATION SOLUTIONS INDUSTRY
1.1. Market Scope and Definition
1.2. Study Assumptions
2. DISTRIBUTION AUTOMATION SOLUTIONS MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2021-2030
2.1. Distribution Automation Solutions Market Latest Trends
2.1.1. Increasing Investments to Upgrade Aging Grid Infrastructure
2.1.2. The emergence of Smart Grids & Increasing Smart City Projects In Emerging Economies
2.1.3. Innovations in Distribution Automation
2.1.4. Advancements in IoT And Communication Technologies
2.2. Distribution Automation Solutions Market Insights, 2021-2030
2.2.1. Leading Distribution Automation Solutions Component, 2021-2030
2.2.2. Dominant Distribution Automation Solutions Application, 2021-2030
2.2.3. Leading Distribution Automation Solutions Communication Technology, 2021-2030
2.2.4. Dominant Distribution Automation Solutions Utility, 2021-2030
2.2.5. Fast-Growing Geographies for Distribution Automation Solutions, 2021-2030
2.3. Distribution Automation Solutions Market Drivers and Restraints
2.3.1. Distribution Automation Solutions Demand Drivers to 2030
2.3.2. Distribution Automation Solutions Challenges to 2030
2.4. Distribution Automation Solutions Market-Five Forces Analysis
3. GLOBAL DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
3.1. Global Distribution Automation Solutions Market Overview, 2021
3.2. Global Distribution Automation Solutions Market Size and Share Outlook, By Component, 2021-2030
3.2.1. Field Devices
3.2.2. Software
3.2.3. Services
3.3. Global Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
3.3.1. Power Monitoring and Control
3.3.2. Power Quality and Efficiency
3.3.3. Switching and Power Reliability
3.4. Global Distribution Automation Solutions Market Size and Share Outlook, By Communication Technology, 2021-2030
3.4.1. Wired
3.4.2. Wireless
3.5. Global Distribution Automation Solutions Market Size and Share Outlook, By Utility, 2021-2030
3.5.1. Public
3.5.2. Private
3.6. Global Distribution Automation Solutions Market Size and Share Outlook by Region, 2021-2030
4. NORTH AMERICA DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
4.1. North America Distribution Automation Solutions Market Overview, 2021
4.2. North America Distribution Automation Solutions Market Size and Share Outlook by Component, 2021-2030
4.3. North America Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
4.4. North America Distribution Automation Solutions Market Size and Share Outlook by Communication Technology, 2021-2030
4.5. North America Distribution Automation Solutions Market Size and Share Outlook by Utility, 2021-2030
4.6. North America Distribution Automation Solutions Market Size and Share Outlook by Country, 2021-2030
4.6.1. United States
4.6.2. Canada
4.6.3. Mexico
5. EUROPE DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
5.1. Europe Distribution Automation Solutions Market Overview, 2021
5.2. Europe Distribution Automation Solutions Market Size and Share Outlook by Component, 2021-2030
5.3. Europe Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
5.4. Europe Distribution Automation Solutions Market Size and Share Outlook by Communication Technology, 2021-2030
5.5. Europe Distribution Automation Solutions Market Size and Share Outlook by Utility, 2021-2030
5.6. Europe Distribution Automation Solutions Market Size and Share Outlook by Country, 2021-2030
5.6.1. Germany
5.6.2. France
5.6.3. UK
5.6.4. Italy
5.6.5. Spain
5.6.6. Rest of Europe
6. ASIA PACIFIC DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
6.1. Asia Pacific Distribution Automation Solutions Market Overview, 2021
6.2. Asia Pacific Distribution Automation Solutions Market Size and Share Outlook by Component, 2021-2030
6.3. Asia Pacific Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
6.4. Asia Pacific Distribution Automation Solutions Market Size and Share Outlook by Communication Technology, 2021-2030
6.5. Asia Pacific Distribution Automation Solutions Market Size and Share Outlook by Utility, 2021-2030
6.6. Asia Pacific Distribution Automation Solutions Market Size and Share Outlook by Country, 2021-2030
6.6.1. China
6.6.2. Japan
6.6.3. India
6.6.4. Rest of Asia Pacific
7. SOUTH AND CENTRAL AMERICA DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
7.1. South and Central America Distribution Automation Solutions Market Overview, 2021
7.2. South and Central America Distribution Automation Solutions Market Size and Share Outlook by Component, 2021-2030
7.3. South and Central America Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
7.4. South and Central America Distribution Automation Solutions Market Size and Share Outlook by Communication Technology, 2021-2030
7.5. South and Central America Distribution Automation Solutions Market Size and Share Outlook by Utility, 2021-2030
7.6. South and Central America Distribution Automation Solutions Market Size and Share Outlook by Country, 2021-2030
7.6.1. Brazil
7.6.2. Argentina
7.6.3. Rest of South and Central America
8. MIDDLE EAST AFRICA DISTRIBUTION AUTOMATION SOLUTIONS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
8.1. Middle East Africa Distribution Automation Solutions Market Overview, 2021
8.2. Middle East Africa Distribution Automation Solutions Market Size and Share Outlook by Component, 2021-2030
8.3. Middle East Africa Distribution Automation Solutions Market Size and Share Outlook, By Application, 2021-2030
8.4. Middle East Africa Distribution Automation Solutions Market Size and Share Outlook by Communication Technology, 2021-2030
8.5. Middle East Africa Distribution Automation Solutions Market Size and Share Outlook by Utility, 2021-2030
8.6. Middle East Africa Distribution Automation Solutions Market Size and Share Outlook by Country, 2021-2030
8.6.1. Middle East
8.6.2. Africa
9. DISTRIBUTION AUTOMATION SOLUTIONS MARKET STRUCTURE
9.1. General Electric Company
9.2. Fujitsu Limited.
9.3. ABB Ltd
9.4. Eaton Corporation plc
9.5. Schneider Electric SE
9.6. Itron Inc.
9.7. Honeywell International Inc.
9.8. Mitsubishi Electric Corporation
9.9. Siemens AG
10. APPENDIX
10.1. About Us
10.2. Sources
10.3. Research Methodology
10.4. Contact Information
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