Market Overview:
The global power distribution automation components market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for energy efficiency and safety in industrial, commercial, and residential applications. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into protecting and switching components, monitoring components, measuring components, and others. Protecting and switching components are further sub-segmented into circuit breakers/fuses/disconnectors/relays/switches/contactors etc., while monitoring components are sub-segmented into current transformers (CTs)/voltage transformers (VTs)/power meters etc. Measuring Components include wattmeters/energy meters etc., whereas others include control systems & software etc. On the basis of application, the market is divided into industrial applications such as oil & gas pipelines & refineries), chemical plants), mining), power generation plants) commercial applications such as shopping malls& offices) residential applications such as single family homes). On regional basis North America dominates global Power Distribution Automation Components Market with highest share in terms revenue followed by Europe Asia Pacificand MEA regions respectively .
Product Definition:
A power distribution automation component is a device or software application that automates the process of distributing electrical power within a facility. This can include tasks such as switching loads on and off, managing voltage levels, and detecting and responding to faults or emergencies. The importance of these components lies in their ability to improve the efficiency and reliability of the electrical distribution system while reducing operating costs.
Protecting And Switching Components:
Protection and switching components are used in power distribution automation components. They help to protect the devices from short circuits, overvoltage, undervoltage and other harmful electrical current fluctuations. The protection and switching components market is driven by growing demand for power electronics as they offer high efficiency at a low cost which is expected to drive the market growth over the forecast period.
Monitoring Components:
The global monitoring components and its usage in power distribution automation components market size was valued at USD 1.5 billion in 2016. The increasing need for power reliability and quality improvement is expected to be a key factor driving the market growth over the forecast period.
The growing demand for smart grids has led to an increase in investments by various governments across different countries, which is further anticipated to drive the overall demand over the next eight years.
Application Insights:
The industrial application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for automated power distribution systems in industries such as oil & gas, chemical, petrochemical, power generation and healthcare is expected to drive the global demand over the coming years.
The commercial application segment was valued at USD 1.8 billion in 2017 and is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to rising investments by government agencies and private companies towards improving public infrastructure facilities across various regions globally. Adoption of advanced technologies that improve service quality while reducing operating costs will further boost industry growth over the coming years. Automated power distribution systems have numerous applications across residential sectors including hospitals, educational institutions, hotels etc.
Regional Analysis:
The APAC region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising adoption of automation in various industries, such as oil & gas, manufacturing, and power generation. Furthermore, growing demand for smart grid solutions in countries such as China and India is further propelling industry growth.
North America accounted for a significant revenue share in 2017 owing to early technology adoption by several key players coupled with high investments made by governments for upgrading existing power infrastructure. Moreover, presence of major companies engaged in Power Distribution Automation Components (PDAC) R&D activities will drive the regional market further. For instance: ABB Ltd., General Electric Company; Emerson Electric Co.; Johnson Controls Inc.; Honeywell International Inc.; Furukawa Electric Co.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Stringent government regulations for power distribution safety and security
- Development of smart grids and microgrids
- Growing popularity of renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Distribution Automation Components Market Research Report
By Type
Protecting And Switching Components, Monitoring Components, Measuring Components
By Application
Industrial, Commercial, Residential
By Companies
ABB, EATON, Schneider Electric, Siemens, Grid Solutions, Larsen & Toubro, G&W Electric, S&C Electric, Kalkitech, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Power Distribution Automation Components Market Report Segments:
The global Power Distribution Automation Components market is segmented on the basis of:
Types
Protecting And Switching Components, Monitoring Components, Measuring Components
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- EATON
- Schneider Electric
- Siemens
- Grid Solutions
- Larsen & Toubro
- G&W Electric
- S&C Electric
- Kalkitech
- ABB
Highlights of The Power Distribution Automation Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Protecting And Switching Components
- Monitoring Components
- Measuring Components
- By Application:
- Industrial
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Distribution Automation Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Power distribution automation components are a type of electrical equipment that helps to automate the process of distributing power to various devices. This can include things like switching and protection systems, as well as meters and controllers.
Some of the key players operating in the power distribution automation components market are ABB, EATON, Schneider Electric, Siemens, Grid Solutions, Larsen & Toubro, G&W Electric, S&C Electric, Kalkitech, ABB.
The power distribution automation components market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Distribution Automation Components Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Power Distribution Automation Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Distribution Automation Components Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Power Distribution Automation Components Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Power Distribution Automation Components Market Size & Forecast, 2018-2028
4.5.1 Power Distribution Automation Components Market Size and Y-o-Y Growth
4.5.2 Power Distribution Automation Components Market Absolute $ Opportunity
Chapter 5 Global Power Distribution Automation Components Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Power Distribution Automation Components Market Size Forecast by Type
5.2.1 Protecting And Switching Components
5.2.2 Monitoring Components
5.2.3 Measuring Components
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Distribution Automation Components Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Power Distribution Automation Components Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Distribution Automation Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Distribution Automation Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Power Distribution Automation Components Analysis and Forecast
9.1 Introduction
9.2 North America Power Distribution Automation Components Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Power Distribution Automation Components Market Size Forecast by Type
9.6.1 Protecting And Switching Components
9.6.2 Monitoring Components
9.6.3 Measuring Components
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Power Distribution Automation Components Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Power Distribution Automation Components Analysis and Forecast
10.1 Introduction
10.2 Europe Power Distribution Automation Components Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Power Distribution Automation Components Market Size Forecast by Type
10.6.1 Protecting And Switching Components
10.6.2 Monitoring Components
10.6.3 Measuring Components
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Power Distribution Automation Components Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Power Distribution Automation Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Distribution Automation Components Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Power Distribution Automation Components Market Size Forecast by Type
11.6.1 Protecting And Switching Components
11.6.2 Monitoring Components
11.6.3 Measuring Components
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Power Distribution Automation Components Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Power Distribution Automation Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Distribution Automation Components Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Power Distribution Automation Components Market Size Forecast by Type
12.6.1 Protecting And Switching Components
12.6.2 Monitoring Components
12.6.3 Measuring Components
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Power Distribution Automation Components Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Power Distribution Automation Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Distribution Automation Components Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Power Distribution Automation Components Market Size Forecast by Type
13.6.1 Protecting And Switching Components
13.6.2 Monitoring Components
13.6.3 Measuring Components
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Power Distribution Automation Components Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Distribution Automation Components Market: Competitive Dashboard
14.2 Global Power Distribution Automation Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 EATON
14.3.3 Schneider Electric
14.3.4 Siemens
14.3.5 Grid Solutions
14.3.6 Larsen & Toubro
14.3.7 G&W Electric
14.3.8 S&C Electric
14.3.9 Kalkitech
14.3.10 ABB
