Market by Implementation, End-user, and Country Outlook | Forecast 2022-2028
As per Triton’s report, the electric power distribution automation systems market in Latin America would grow with a CAGR of 7.17% over the forecasting years from 2022 to 2028.
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The
countries analyzed in this region include:
•
Brazil
•
Mexico
•
Rest of Latin America
Brazil
accounts for the highest share of the electric power distribution automation
systems market in this region. The primary growth
driver for this market is the rise in the number of commercial spaces in
Brazil, Argentina, and Mexico. The marketplaces, corporate offices, smart city
developments, etc., have enhanced the demand for electricity. Besides, new constructions
being developed here are also largely installing DAS for power distribution in Latin
America.
In Mexico, no permit
from the Energy Regulatory Commission is required for the construction of
electric systems. However, the terms & conditions for related services are
subject to prior approval from the commission. Also, for constructing electricity
distribution grids, permits from local & municipal authorities are required.
Besides, depending on
the type of grid infrastructure, environmental authorizations, which include
environmental impact assessments, may be needed. Automates systems help build
compact grid infrastructures. This minimizes environmental impacts, and thereby
supports the market growth.
In Peru, the Utilities’
Electric Transmission & Distribution Department efficiently maintains 319
miles of T&D lines within an area of 95 square miles, to provide reliable
electricity services to its end-users. Hydroelectric power is the most common
electricity generation source in the country, which accounted for over half of its
power output in 2021. That year, nearly 61% of Peruvian electricity was obtained
with the help of renewable sources. This presents an overall positive outlook
for the market.
Residential electricity
consumers are mainly households, small vendors, clinics, and others. Residential
electric power usage is minimal in all these segments. The internal processes
of power supply across this segment can be controlled and automated efficiently
by DAS very efficiently. The reliability of DAS for residential end-users is crucial
as it is all underground and fault detection can be easily captured. The rising
demand for smart homes in developed nations is influencing the demand for distribution
automation systems as well.
The
report assesses the market’s growth on the basis of end-user and implementation.
Here, the end-user segment comprises residential, commercial, and industrial.
The
acclaimed names in the electric power distribution automation systems market
include Eaton Corporation plc, S&C Electric Company, Hubbell Power Systems,
Oracle Corporation, Schneider Electric, G&W Electric Company, and Itron
Inc.
Hubbell Power Systems provides
a wide range of transmission, distribution, substation, OEM, and
telecommunications products across the world. Its products are used by
utilities largely in transportation, civil construction, and water & gas
industries. Hubbell Power Systems was founded in 1888, and has a strong
workforce of more than 20,000 employees. The company has a business presence in
Latin America, with manufacturing units and subsidiaries in Brazil and Puerto
Rico.
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 Latin 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 LA 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. LATIN
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 LATIN 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. LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY
IMPLEMENTATION
3.1. SUBSTATION
AUTOMATION
3.2. FEEDER
AUTOMATION
3.3. CONSUMER
AUTOMATION
4. LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET OUTLOOK – BY
END-USER
4.1. INDUSTRIAL
4.2. COMMERCIAL
4.3. RESIDENTIAL
5. LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET – COUNTRY OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
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: LATIN 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: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION,
2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2022-2028
(IN $ MILLION)
TABLE 9: LATIN AMERICA
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: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, 2021
& 2028 (IN %)
FIGURE 6: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY SUBSTATION
AUTOMATION, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY FEEDER AUTOMATION,
2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY CONSUMER AUTOMATION,
2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, 2021 &
2028 (IN %)
FIGURE 10: LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY INDUSTRIAL,
2022-2028 (IN $ MILLION)
FIGURE 11: LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COMMERCIAL,
2022-2028 (IN $ MILLION)
FIGURE 12: LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY RESIDENTIAL,
2022-2028 (IN $ MILLION)
FIGURE 13: LATIN
AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY REGIONAL
OUTLOOK, 2021 & 2028 (IN %)
FIGURE 14: BRAZIL
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: MEXICO
ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: REST OF
LATIN AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET 2022-2028
(IN $ MILLION)