Market by Implementation, End-user, and Country Outlook | Forecast 2022-2028
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.
Report scope can be customized per your requirements. Request For Customization
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.
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
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)
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)