Electric Power Distribution Automation Systems Market Report by Implementation (Substation Automation, Feeder Automation, Consumer Side Automation), Application (Industrial, Commercial, Residential), and Region 2024-2032

Electric Power Distribution Automation Systems Market Report by Implementation (Substation Automation, Feeder Automation, Consumer Side Automation), Application (Industrial, Commercial, Residential), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4075
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Market Overview:

The global electric power distribution automation systems market size reached US$ 29.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 49.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.

Report Attribute
 Key Statistics 
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 29.7 Billion
Market Forecast in 2032
US$ 49.1 Billion
Market Growth Rate 2024-2032 5.6%


Electric power distribution automation system (DAS) assists in collecting, analyzing, and managing the distribution of electricity. It comprises sensors, processors, switches, and information and communication networks to improve the operational efficiency of the power system. It enhances the speed and accuracy of different key distribution system processes. Besides this, it provides real-time operational notifications about fault detection, voltage monitoring, reactive power management, preventive equipment maintenance, and grid integration of distributed energy resources.

Global Electric Power Distribution Automation Systems Market

Electric Power Distribution Automation Systems Market Trends:

The increasing requirement of electricity in hotels, hospitals, data centers and corporate offices represents one of the primary factors strengthening the growth of the market. Additionally, there is a rise in the need for energy efficiency and immediate fault detection in power distribution networks. This, along with the benefits offered by electric power DAS, such as reliability, islanding operation and better operational performance, is contributing to the growth of the market. Besides this, rising investments in smart cities by governing agencies of numerous countries have resulted in the upgradation of transmission and distribution infrastructure. This, in confluence with the surging demand for smart grids and increasing investments to replace the existing infrastructure, is strengthening the market growth. Furthermore, private distribution utilities, service providers, government bodies and equipment manufacturers are investing in research and development (R&D) activities to introduce innovative technologies. These technologies are anticipated to reduce power failures and increase the overall efficiency of the existing distribution system.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global electric power distribution automation systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on implementation and application.

Breakup by Implementation:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Substation Automation
  • Feeder Automation
  • Consumer Side Automation
     

Breakup by Application:

  • Industrial
  • Commercial
  • Residential
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Eaton Corporation Plc, G&W Electric Company, General Electric Company, Honeywell International Inc., Hubbell Power Systems Inc (Hubbell Incorporated), Itron Inc, Mitsubishi Electric Corporation, S&C Electric Company, Schneider Electric, Schweitzer Engineering Laboratories Inc. and Siemens AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Implementation, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd, Eaton Corporation Plc, G&W Electric Company, General Electric Company, Honeywell International Inc., Hubbell Power Systems Inc (Hubbell Incorporated), Itron Inc, Mitsubishi Electric Corporation, S&C Electric Company, Schneider Electric, Schweitzer Engineering Laboratories Inc., and Siemens AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global electric power distribution automation systems market was valued at US$ 29.7 Billion in 2023.

We expect the global electric power distribution automation systems market to exhibit a CAGR of 5.6% during 2024-2032.

The rising adoption of smart grids, along with the growing need for immediate fault detection in power distribution networks, is primarily driving the global electric power distribution automation systems market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for electric power distribution automation systems.

Based on the implementation, the global electric power distribution automation systems market has been segregated into substation automation, feeder automation, and consumer side automation. Among these, substation automation currently exhibits a clear dominance in the market.

Based on the application, the global electric power distribution automation systems market can be bifurcated into industrial, commercial, and residential. Currently, industrial holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa.

Some of the major players in the global electric power distribution automation systems market include ABB Ltd, Eaton Corporation Plc, G&W Electric Company, General Electric Company, Honeywell International Inc., Hubbell Power Systems Inc (Hubbell Incorporated), Itron Inc, Mitsubishi Electric Corporation, S&C Electric Company, Schneider Electric, Schweitzer Engineering Laboratories Inc., and Siemens AG.

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Electric Power Distribution Automation Systems Market Report by Implementation (Substation Automation, Feeder Automation, Consumer Side Automation), Application (Industrial, Commercial, Residential), and Region 2024-2032
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