This study involved major activities in estimating the current size of the distribution automation market. Comprehensive secondary research was done to collect information on the market, peer market, and parent market. The next step involved was the validation of these findings, assumptions, and market sizing with industry experts across the value chain through primary research. The total market size was estimated through country-wise analysis. Then, the market breakdown and data triangulation were performed to estimate the market size of the segments and sub-segments.
Secondary Research
The secondary research involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, IEA and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global Distribution automation market. The other secondary sources comprised press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturers, associations, trade directories, and databases.
Primary Research
The Distribution automation market comprises several stakeholders, such as project developers, exchanges, traders/brokers and auction platforms, and end users/carbon emitters in the supply chain. The demand-side of this market is characterized by end-users. Moreover, the demand is also fueled by the growing demand of industrial and utilities. The supply side is characterized by rising demand for contracts from the industrial sector and acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the solid biomass feedstock market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry and market have been identified through extensive secondary research, and their market share has been determined through primary and secondary research.
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The industry’s value chain and market size, in terms of value, have been determined through both primary and secondary research processes.
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Global Distribution automation Market Size: Top-Down Approach
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Distribution Automation Market Size: Bottom-Up Approach
Data Triangulation
The overall market size is estimated using the market size estimation processes as explained above, followed by the splitting of the market into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the distribution automation market ecosystem.
Market Definition
Distribution automation is a key component of modern grid infrastructure as it enables the real-time monitoring and control of distribution assets to maximize grid efficiency and reliability. It uses digital sensors and switches with advanced control and communication technologies to automate feeder switching, voltage monitoring and control, outage management, reactive power management, preventative equipment maintenance for critical substation equipment, and grid integration of distributed energy resources. This helps utilities in collecting and analyzing data to improve the operational efficiency of power distribution systems.
The distribution automation market refers to the year-on-year investments in distribution automation across the five main regions, namely, North America, South America, Europe, Asia Pacific, and Middle East & Africa.
Key stakeholders
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Field device manufacturers
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Public and private electric utilities
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Distribution companies (DISCOMS)
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Energy & power sector consulting companies
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Government & research organizations
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Independent power producers
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Investment banks
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Electrical equipment associations
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Network and communication service providers
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Support and maintenance service providers
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Smart grid players
Objectives of the Study
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To describe and forecast the distribution automation market based on offering, communication technology, utility and region in terms of value
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To describe and forecast the market for five key regions: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa, along with their country-level market sizes in terms of value
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To forecast the distribution automation market by offering and region, in terms of volume
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To provide detailed information regarding key drivers, restraints, opportunities, and challenges influencing the growth of the market
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To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market size
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To provide the supply chain analysis, trends/disruptions impacting customers’ businesses, market map, ecosystem analysis, tariffs and regulations, pricing analysis, patent analysis, case study analysis, technology analysis, key conferences and events, trade analysis, Porter’s five forces analysis, key stakeholders and buying criteria, and regulatory analysis of the distribution automation market
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To analyze opportunities for stakeholders in the distribution automation and draw a competitive landscape of the market
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To benchmark market players using the company evaluation matrix, which analyzes market players on broad categories of business and product strategies adopted by them
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To compare key market players with respect to product specifications and applications
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To strategically profile key players and comprehensively analyze their market rankings and core competencies
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To analyze competitive developments, such as contracts & agreements, investments & expansions, mergers & acquisitions, new product launches, partnerships, joint ventures & collaborations, in the distribution automation market
Available Customization
With the given market data, MarketsandMarkets offers customizations based on the company’s specific needs. The following customization options are available for the report:
Product Analysis
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Product Matrix, which provides a detailed comparison of the product portfolio of each company
Company Information
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Detailed analyses and profiling of additional market players
HIGHEST CAGR (2024–2030)
CHINA TO BE FASTEST- GROWING MARKET IN REGION
Growth opportunities and latent adjacency in Distribution Automation Market