Rapidly rising prices of electricity along with integration of renewable energy sources to drive the growth of Europe distribution feeder automation system market
According to Tech Sci Research report, “Europe Distribution Feeder Automation System Market By Product, Application, By Region,Competition, Forecast & Opportunities, 2025”, the Europe distribution feeder automation system market is expected to witness steady growth during the forecast period. Automation process of power distribution feeders is necessary in a distribution network in order to accomplish uninterrupted & faultless power supply. Continuous research and development activities in the areas of communication technologies and innovation in the distribution automation to make distribution automation more intelligent, efficient, and cost effective, is projected to drive the market growth over the next five years. Moreover, growth of overall commercial and industrial sector in the region is directly influencing the growth of distribution feeder automation market. However, delay in implementation of distribution feeder automation systems and high standards are some of the major factors that might hamper the growth of Europe distribution feeder automation system market through 2025.
Browse market data Tables and Figures spread through Pages and an in-depth TOC on“Europe Distribution Feeder Automation System Market”
The Europe distribution feeder automation system market is segmented
based on product, application, region and company. By product, the Europe distribution
feeder automation system market is fragmented into hardware, software, &
services. Among them, the software
segment is projected to witness high growth in the years to come, which can be
accredited to advancements in IoT and communication technologies.
Key Players :
Eaton Corporation PLC., Advanced Control Systems Inc., ABB Ltd., G&W
Electric, Schneider Electric SE, Crompton Greaves Ltd., Siemens AG, Moxa,
Schweitzer Engineering Laboratories, Viola Systems Ltd. etc. are some of the
leading players operating in Europe distribution feeder automation system market.
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“Europe distribution feeder automation system marketis anticipated to grow substantially over the coming years owing to continuous demand for the power generation through sustainable and clean sources. Additionally, minimal outage time coupled with reduced monitoring and management demand are other factors that are estimated to bode well for the growth of Europe distribution feeder automation system market during the forecast years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Europe Distribution Feeder Automation System Market
By Product, Application, By Region,Competition, Forecast & Opportunities,
evaluated the future growth potential of Europe distribution feeder automation
system market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Europe distribution feeder
automation system market.