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NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET FORECAST 2022-2030

The North America electric power distribution automation systems market is predicted to rise with a 5.89% CAGR during the forecasted period of 2022 to 2030, acquiring a revenue share of $14126.71 million by 2030.

NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET FORECAST 2022-2030

North America Electric Power Distribution Automation Systems Market by Implementation (Substation Automation, Feeder Automation, Consumer Automation) Market by End-user (Industrial, Commercial, Residential) By Geography

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The North America electric power distribution automation systems market is predicted to rise with a 5.89% CAGR during the forecasted period of 2022 to 2030, acquiring a revenue share of $14126.71 million by 2030.

The market growth of the region is fuelled by the increasing energy consumption in the commercial and residential sectors, as well as the growing production demand in terms of the formation of turbines and wind energy. However, the North America electric power distribution automation systems market is likely to be negatively impacted by the sufficiency of electricity.

North America Electric Power Distribution Automation Systems

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The North America electric power distribution automation systems market growth assessment comprises the study of the United States and Canada. The distribution automation systems with real-time closed-loop applications in various United States utilities are currently in different stages of implementation. In this regard, the fault location, isolation, and service restoration (FLISR), real-time distribution operation model and analysis (RTDM), and the coordinated Voltage and Var Control (VVC) functions are among the most effective distribution automation applications in the country.

On the other hand, the growth of smart homes in the United States can be primarily accredited to key factors such as safety and security, consumer convenience, and the rising need for energy-efficient living. This aspect adds significant importance to electricity distribution automation in the nation. Furthermore, the rise in applications of smart electrical grids as well as smart meters, primarily as a part of the United States government’s efficient energy management initiatives, further propel the adoption of electric power distribution automation systems.

On the other hand, the Canadian electricity industry comprises establishments mainly engaged in the distribution of electric power to individual users or consumers. The electric power distribution system is characterized by distribution lines as well as transformer stations essential for power distribution, in addition to other dedicated generating stations. Furthermore, electric power agents and brokers arranging the sale of electricity over power distribution systems are included, as well. Hence, these factors are set to supplement the North America electric power distribution automation systems market growth during the forecast period.

The North America electric power distribution automation systems market is segmented into end-user and implementation. The end-user category is further classified into industrial, residential, and commercial. For management and production activities, industrial units predominantly depend on an efficient flow of power. Electricity is delivered to an industrial electric power distribution system by means of private and public utilities. Moreover, the power delivered to different units fluctuates based on the system’s power availability.

In commercial power systems, multiple customers share power from a common transformer within a complex or park. This is accredited to various reasons such as minimal load demand, high cost for purchasing individual transformers and power supply, space constraints, and others.

Some of the key companies operating in the North America electric power distribution automation systems market are Siemens AG, General Electric Company, ABB Ltd, etc.

ABB Ltd, headquartered in Switzerland, is an international provider of power and automation technologies. It mainly offers systems, products, as well as solutions, and services in order to enhance productivity, improve energy efficiency, and increase power reliability. The company caters to gas and water utilities, electric and industrial as well as commercial customers.

The company’s product ABB Ability™ Symphony® Plus is a distributed control system (DCS) developed to maximize plant reliability and efficiency through integration, automation, and optimization of the entire plant.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed End-User and Implementation
Countries Analyzed The United States and Canada
Companies Analyzed

ABB Ltd, Eaton Corporation PLC, Siemens AG, General Electric Company, Itron Inc, Mitsubishi Electric Corporation, Schweitzer Engineering Laboratories Inc, Honeywell International Inc, S&C Electric Company, Hitachi Ltd, Schneider Electric SE, G&W Electric Company, Oracle Corporation, Hubbell Power Systems

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • HIGH RELIABILITY OF DISTRIBUTION AUTOMATION SYSTEMS
        • RISE IN DEMAND FOR ENERGY EFFICIENCY & FAULT DETECTION
        • AGEING POWER INFRASTRUCTURE
        • INCREASING REQUIREMENT FOR ELECTRICITY IN COMMERCIAL PLACES
      • KEY RESTRAINTS
        • LACK OF USE OF TOOLS FOR OPERATIONAL PLANNING
        • PRIVATION OF NORTH AMERICA STANDARDS
        • SECURITY CONCERNS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
        • SUPERIOR TECHNOLOGY
        • APPLICATION
        • EFFICIENCY
        • RELIABILITY
      • REGULATORY FRAMEWORK
    2. MARKET BY IMPLEMENTATION
      • SUBSTATION AUTOMATION
      • FEEDER AUTOMATION
      • CONSUMER AUTOMATION
    3. MARKET BY END-USER
      • INDUSTRIAL
      • COMMERCIAL
      • RESIDENTIAL
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
      • COMPANY PROFILES
        • ABB LTD
        • EATON CORPORATION PLC
        • G&W ELECTRIC COMPANY
        • GENERAL ELECTRIC COMPANY
        • HITACHI LTD
        • HONEYWELL INTERNATIONAL INC
        • HUBBELL POWER SYSTEMS
        • ITRON INC
        • MITSUBISHI ELECTRIC CORPORATION
        • ORACLE CORPORATION
        • S&C ELECTRIC COMPANY
        • SCHNEIDER ELECTRIC SE
        • SCHWEITZER ENGINEERING LABORATORIES INC
        • SIEMENS AG

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS

    TABLE 2: REGULATORY FRAMEWORK

    TABLE 3: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 4: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY IMPLEMENTATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 5: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 6: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 7: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 8: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 9: LEADING PLAYERS OPERATING IN NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS                        

    LIST OF FIGURES

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

    FIGURE 2: KEY MARKET TRENDS

    FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: VALUE CHAIN ANALYSIS

    FIGURE 7: KEY BUYING CRITERIA

    FIGURE 8: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, GROWTH POTENTIAL, BY IMPLEMENTATION, IN 2021

    FIGURE 9: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY SUBSTATION AUTOMATION, 2022-2030 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY FEEDER AUTOMATION, 2022-2030 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY CONSUMER AUTOMATION, 2022-2030 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 13: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY INDUSTRIAL, 2022-2030 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY COMMERCIAL, 2022-2030 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, BY RESIDENTIAL, 2022-2030 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 17: UNITED STATES ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 18: CANADA ELECTRIC POWER DISTRIBUTION AUTOMATION SYSTEMS MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY IMPLEMENTATION
      • SUBSTATION AUTOMATION
      • FEEDER AUTOMATION
      • CONSUMER AUTOMATION
    2. MARKET BY END-USER
      • INDUSTRIAL
      • COMMERCIAL
      • RESIDENTIAL

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