The Electric Power Distribution Automation Systems Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electric Power Distribution Automation Systems Market?
The market size of the electric power distribution automation systems has seen robust growth in recent years. The market, which was worth $26.93 billion in 2024, is projected to rise to $28.98 billion in 2025, showing a compound annual growth rate (CAGR) of 7.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electric Power Distribution Automation Systems Industry?
The Electric Power Distribution Automation Systems Global Market is projected to reach $36.88 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.2%.
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What are the Key Growth Drivers Fueling the Electric Power Distribution Automation Systems Market?
The key drivers in the electric power distribution automation systems market are:
• Implementation of IoT (Internet of Things) in power distribution
• A focus on grid optimization and efficiency
• Increased demand for real-time monitoring and control
• The emergence of advanced metering infrastructure (AMI) and smart grid technologies
Global Market Segmentation: Identifying Major Electric Power Distribution Automation Systems Industry Segments
The electric power distribution automation systems market covered in this report is segmented –
1) By Component: Field Devices, Software, Services, Communication Technology
2) By Implementation: Substation Automation, Feeder Automation, Consumer Side Automation
3) By Application: Industrial, Commercial, Residential
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What are the Emerging Trends Shaping the Future of the Electric Power Distribution Automation Systems Market?
The key trends in the electric power distribution automation systems market are:
• Transitioning towards decentralized energy systems is a major emerging trend.
• There's a rise in the use of microgrids and virtual power plants.
• Growth in demand response programs is a significant trend shaping the market.
• The adoption of AI and machine learning in grid operations marks an important trend.
Who Are the Top Competitors & Leading Players in the Electric Power Distribution Automation Systems Market?
Major companies in the electric power distribution automation systems market are:
• Hitachi Ltd.
• Siemens AG
• General Electric Company
• Oracle Corporation
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Honeywell International Inc.
• ABB Ltd.
• Eaton Corporation PLC
• Infineon Technologies AG
• Hubbell Power Systems Inc (Hubbell Incorporated)
• Itron Inc.
• Landis+Gyr
• NARI Group Corporation
• Integrated Electronic Systems
• Ingeteam
• Schweitzer Engineering Laboratories Inc.
• S&C Electric Company
• Elster Solutions
• Beijing SOJO Electric
• Beijing Creative Distribution Automation
• G&W Electric Company
• Trilliant Holdings Inc.
• Kalki Communication Technologies Private Limited
• Iskraemeco
• Minsait ACS Inc.
• Gram Power
• Xuji Electric (XJ Group Corporation)
• Qualus
• ZIV Automation UK Ltd.
Regional Dominance: Which Area Leads the Global Electric Power Distribution Automation Systems Market?
North America was the largest region in the electric power distribution automation systems market in 2024
