The global electric power distribution automation systems market is expected to reach USD 23.7 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rise in the adoption of smart grids& funding initiatives is projected to spur the demand for distribution automation systems. The growing investments in transmission & distribution are expected to remain a key driver.
Browse the report: http://www.orbisresearch.com/reports/index/electric-power-distribution-automation-systems-market-analysis-by-implementation-substation-automation-feeder-automation-consumer-side-automation-by-application-by-region-and-segment-forecasts-2014-2025
The global electric power distribution automation systems market is anticipated to witness a high growth over the forecast period, owing to the replacement of aging infrastructure across the globe. The emergence of smart cities is expected to further catapult the automation products market growth over the next nine years.
Further Key Findings from the Study Suggest:
The implementation of automation systems in substation automation is projected to exhibit a significant growth at a CAGR exceeding 6% from 2016 to 2025 as the energy and power utilities are extremely focused on minimizing distribution and transmission losses, which has resulted in the increasing deployment of substation automation.
The industrial application segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 6%, which is accredited to the rising need of installing distribution automation systems by utilities across the globe.
Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/240617
Asia Pacific emerged as the fastest-growing market and is expected to witness a healthy CAGR of over 7%. The need to replace old transmission and distribution power infrastructure is driving the demand for electricity utilities across Asia Pacific to strengthen its power infrastructure.
The key purveyors in this industry comprise ABB Ltd., Eaton Corporation, General Electric, Itron, Inc., Schneider Electric, and Siemens AG, among others.
Major Points From Table Of Contents:
Chapter One: Methodology and Scope
Chapter Two: Executive Summary
Chapter Three: Electric Power Distribution Automation Systems: Market Variables, Trends & Scope
Chapter Four: Electric Power Distribution Automation Systems: Implementation Estimates & Trend Analysis
Chapter Five: Electric Power Distribution Automation Systems: Application Estimates & Trend Analysis
Chapter Six: Electric Power Distribution Automation Systems: Regional Estimates & Trend Analysis
Chapter Seven: Competitive Landscape
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: [email protected]