Market by Implementation, End-user, and Country Outlook | Forecast 2022-2028
As per Triton’s research report, the electric power distribution automation systems market in the Asia-Pacific is anticipated to grow with a CAGR of 8.77% over the forecasting period 2022-2028.
•
China
•
Japan
•
Australia
•
South Korea
•
India
•
ASEAN Countries
•
Rest of Asia-Pacific
In this region, the
rapidly rising electricity demand in India, China, Bangladesh, Indonesia, and
other developing countries, is escalating the growth of the electric power
distribution automation systems market. This demand can be attributed to the
increased population, which forms a large consumer base for electricity, in
these countries. Also, the development in rural areas, industrial growth, and
the development of commercial places are driving the growth of the electric
power DAS market in the Asia-Pacific.
In South Korea, KEPCO
started its overseas business in the transmission and distribution arenas with
indigenously developed and renowned top-tier technologies. This has presented
it with more business opportunities in other fields in the international
market. Further, KEPCO is making efforts to promote existing businesses, such
as the construction of transmission & distribution channels, as well as
outstanding electricity technologies such as automated systems and remote
meter-reading systems. These factors showcase an overall positive outlook for
the Korean market.
In China, policymakers are
seeking to safeguard the domestic power supply from geopolitical risks. Also,
the coal giants and NOCs are exploring new strategies in the midst of a global
transition towards clean energy. The energy sector is sensitive to changes in
the broader economic perspective.
And, as such, the
nation’s efforts to stabilize the economy in 2022 will be crucial for meeting the
rising energy demand and consumption. The efforts to improve operating
efficiency and supply reliability in the distribution sector include the
widespread usage of distribution automation systems to remotely supervise and enable
automatic control of distribution equipment.
In commercial power
systems, owing to numerous reasons, such as reduced load demand, expensive
power supply, the high cost of purchasing transformers, space constraints, and
other factors, multiple customers are likely to share the power from a common
transformer within a park or complex. In this case, the common transformer
becomes the power source for all customers sharing the power infrastructure.
The
report assesses the market’s growth according to implementation and end-user. Here,
the end-user segment comprises industrial, commercial, and residential.
The
renowned players in the electric power distribution automation systems market
include Siemens AG, S&C Electric Company, Hitachi Ltd, Schneider Electric,
Hubbell Power Systems, General Electric Company, and Itron Inc.
Mitsubishi Electric
Corporation is primarily engaged in developing, manufacturing, and marketing electric
& electronic equipment used in industrial automation, ICT systems, energy
& electric systems, electronic devices, and home appliances. Under its Energy
and Electric Systems segment, the company produces motors, transformers,
nuclear power plant equipment, turbine generators, hydraulic turbine
generators, and power electronics equipment. This diversification in its product
line is Mitsubishi’s key to growth. The Japan-based company is headquartered in
Chiyoda-ku, Tokyo.
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 Asia-Pacific 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 APAC 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.
1. ASIA-PACIFIC
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 ASIA-PACIFIC 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. ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY
IMPLEMENTATION
3.1. SUBSTATION
AUTOMATION
3.2. FEEDER
AUTOMATION
3.3. CONSUMER
AUTOMATION
4. ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY END-USER
4.1. INDUSTRIAL
4.2. COMMERCIAL
4.3. RESIDENTIAL
5. ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET – COUNTRY OUTLOOK
5.1. CHINA
5.2. JAPAN
5.3. INDIA
5.4. SOUTH
KOREA
5.5. ASEAN
COUNTRIES
5.6. AUSTRALIA
5.7. REST
OF ASIA-PACIFIC
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
TABLE 1: ASIA-PACIFIC
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: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION,
2022-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2022-2028 (IN
$ MILLION)
TABLE 9: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COUNTRY OUTLOOK,
2022-2028 (IN $ MILLION)
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: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, 2021
& 2028 (IN %)
FIGURE 6: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY SUBSTATION AUTOMATION,
2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY FEEDER AUTOMATION,
2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY CONSUMER AUTOMATION,
2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2021 &
2028 (IN %)
FIGURE 10: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY INDUSTRIAL, 2022-2028
(IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COMMERCIAL, 2022-2028
(IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY RESIDENTIAL,
2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY REGIONAL OUTLOOK,
2021 & 2028 (IN %)
FIGURE 14: CHINA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: JAPAN
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: INDIA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: SOUTH KOREA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 18: ASEAN COUNTRIES
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 19: AUSTRALIA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 20: REST OF
ASIA-PACIFIC ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028
(IN $ MILLION)