NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028

ICT | Semiconductor

NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028

Market by Implementation, End-user, and Country Outlook | Forecast 2022-2028

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Triton Market Research’s report has concluded that the market for electric power distribution automation systems in North America is likely to grow with a CAGR of 6.34% during the forecasted period from 2022 to 2028.


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The countries evaluated in this region include:

•         The United States

•         Canada

In this region, the United States accounts for the highest share of the electric power distribution automation systems market. In this region, the demand for electric power distribution automation systems has witnessed considerable growth owing to the rising energy consumption by commercial as well as residential users. Market players like Siemens AG, General Electric Company, and others are expanding their business here by collaborating with government agencies for power distribution automation systems supply and maintenance in many California, South Carolina, and other states.

Distribution automation systems with real-time applications are in different implementation stages across several utilities in the United States. In addition, the national government offers financial aid for energy-efficient construction. The growing use of appliances is contributing to the rising demand for smart homes by the country’s consumer segment. All these factors are expected to enhance the adoption of electric power DAS in the United States.

Owing to the aging infrastructure, Canada requires to upgrade and expand its electricity transmission & distribution systems. The nation is working towards building smarter grids and integrating more renewable power into them. The Ontario province is funding a billion-dollar program to install smart meters for all users. Distributors, who form the link between the customers and utilities, are at the forefront of this development.

Distribution systems need to be highly efficient and reliable to meet the power quality of high-tech industries. Feeder automation involves a broad range of applications that help utilities use distribution feeder systems more efficiently.

The report assesses the market’s growth based on end-user and implementation. Here, the implementation segment includes feeder automation, consumer automation, and substation automation.

The prime contenders in the electric power distribution automation systems market include General Electric Company, Schweitzer Engineering Laboratories Inc, Oracle Corporation, Schneider Electric, Eaton Corporation plc, Siemens AG, and G&W Electric Company.

Honeywell International Inc is a company providing diversified technology solutions. The company offers energy-efficient products and solutions for commercial, residential, and industrial end-users. Honeywell has a strong emphasis on R&D, which facilitates the development of new products and enhancement of existing products, which further helps it maintain a strong market position. The US-based company is headquartered in Charlotte, North Carolina.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·      Comprehensive information and estimation of the electric power distribution automation systems market revenue growth in North America and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Analysis

·    A wide-ranging study of factors that will challenge the North America electric power distribution automation systems market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here

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Table of Content

1. NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET

2.2. EVOLUTION & TRANSITION OF ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS

2.3. KEY INSIGHTS

2.3.1. RISING INVESTMENTS IN SMART CITIES BY GOVERNING AGENCIES OF NUMEROUS COUNTRIES

2.3.2. SURGING DEMAND FOR SMART GRIDS

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTE

2.4.3. BARGAINING POWER OF BUYERS

2.4.4. BARGAINING POWER OF SUPPLIERS

2.4.5. THREAT OF COMPETITIVE RIVALRY

2.5. KEY IMPACT ANALYSIS

2.5.1. SUPERIOR TECHNOLOGY

2.5.2. APPLICATION

2.5.3. EFFICIENCY

2.5.4. RELIABILITY

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. INDUSTRY COMPONENTS

2.9. REGULATORY FRAMEWORK

2.10. KEY MARKET STRATEGIES

2.10.1. ACQUISITIONS

2.10.2. PRODUCT LAUNCHES

2.10.3. PARTNERSHIPS

2.11. MARKET DRIVERS

2.11.1. INCREASING REQUIREMENT OF ELECTRICITY AT COMMERCIAL PLACES

2.11.2. HIGH RELIABILITY OF DISTRIBUTION AUTOMATION SYSTEMS

2.11.3. RISE IN THE DEMAND FOR ENERGY EFFICIENCY & FAULT DETECTION

2.11.4. AGING POWER INFRASTRUCTURE

2.12. MARKET CHALLENGES

2.12.1. PRIVATION OF NORTH AMERICA STANDARDS

2.12.2. SECURITY CONCERNS

2.12.3. LACK OF USE OF TOOLS FOR OPERATIONAL PLANNING

2.13. MARKET OPPORTUNITIES

2.13.1. INCREASING INVESTMENT IN R&D ACTIVITIES TO INTRODUCE INNOVATIVE TECHNOLOGIES

2.13.2. RISE IN INVESTMENT FOR SMART GRIDS

3. NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY IMPLEMENTATION

3.1. SUBSTATION AUTOMATION

3.2. FEEDER AUTOMATION

3.3. CONSUMER AUTOMATION

4. NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY END-USER

4.1. INDUSTRIAL

4.2. COMMERCIAL

4.3. RESIDENTIAL

5. NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET – COUNTRY OUTLOOK

5.1. THE UNITED STATES

5.2. CANADA

6. COMPETITIVE LANDSCAPE

6.1. ABB LTD

6.2. EATON CORPORATION PLC

6.3. SIEMENS AG

6.4. G&W ELECTRIC COMPANY

6.5. GENERAL ELECTRIC COMPANY

6.6. ITRON INC

6.7. MITSUBISHI ELECTRIC CORPORATION

6.8. SCHWEITZER ENGINEERING LABORATORIES INC

6.9. HONEYWELL INTERNATIONAL INC

6.10. S&C ELECTRIC COMPANY

6.11. HITACHI LTD

6.12. SCHNEIDER ELECTRIC

6.13. ORACLE CORPORATION

6.14. HUBBELL POWER SYSTEMS

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF ACQUISITIONS

TABLE 5: LIST OF PRODUCT LAUNCHES

TABLE 6: LIST OF PARTNERSHIPS

TABLE 7: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, 2022-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: THE PATENT APPLICANTS IN THE ELECTRICITY SECTOR BEFORE & AFTER THE COVID-19 OUTBREAK

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: INDUSTRY COMPONENTS

FIGURE 5: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, 2021 & 2028 (IN %)

FIGURE 6: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY SUBSTATION AUTOMATION, 2022-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY FEEDER AUTOMATION, 2022-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY CONSUMER AUTOMATION, 2022-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 10: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY INDUSTRIAL, 2022-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: THE UNITED STATES ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)

FIGURE 15: CANADA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)

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