Automation is the key to recovery and sustainability in business, says Technavio
The pandemic has exposed the lacunae in our manufacturing processes and has led businesses to arrive at some harsh decisions to recover from the current crisis and prepare for future disruptions. The modern industry is relying on business transformation with the help of automation and artificial intelligence (AI) to ensure efficiency and productivity. The disruptions in supply chains, and labor shortages have driven home the point that becoming agile and efficient is the need of the future to mitigate pandemic brought lockdowns. Several small and medium-sized companies are realising that automation is essential to succeed in the post-pandemic business scenario.
Companies across industries right from healthcare to agriculture to food manufacturing industry have started to implement AI and automation in a variety of ways in the wake of COVID-19. The manufacturing sector is relying on automation in the form of robots, AI and deep learning to drive efficiency and safety and quality.
Our analysts from the industrials vertical have delved into the intricacies of several markets catering to automation solutions, AI and Robotics which will provide nuanced business insights. Below is a brief synopsis of some of these reports. You can request for our sample reports to garner more insights on these markets.
Distribution Automation Solutions Market: The report provides insights into the following FAQs:
Distribution Automation Solutions Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the distribution automation solutions market and it is expected to grow by $ 5.15 bn, accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Distribution Automation Solutions Market: Receive Free Sample Report
Distribution Automation Solutions Market: Key Trends to impact market growth
The Shift from local control to model-based Volt/VAR optimization is one of the key distribution automation solutions market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Distribution Automation Solutions Market: Top Drivers to Boost Demand
The Aging power infrastructure and increasing power outage is one of the primary factors driving the growth of the distribution automation solutions market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: ABB Ltd., CG Power and Industrial Solutions Ltd. and Cisco Systems Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., CG Power and Industrial Solutions Ltd., Cisco Systems Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hitachi Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., and Siemens AG are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Distribution Automation Solutions Market: Key Highlights of the Report for 2021-2025
Distribution Automation Solutions Market Size to Grow by $ 5.15 bn through 2021-2025
The distribution automation solutions market is expected to grow by $ 5.15 bn, accelerating at a CAGR of almost 7% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
Distribution Automation Solutions Market: Receive Free Sample Report
Distribution Automation Solutions Market: Segmentation by Deployment
This report provides a detailed analysis of the market by Deployment (System-level and Customer-level) and Geography (APAC, North America, Europe, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Distribution Automation Solutions Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., CG Power and Industrial Solutions Ltd., Cisco Systems Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hitachi Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
Distribution Automation Solutions Market Size to Grow by $ 5.15 bn During 2021-2025
Technavio has been monitoring the distribution automation solutions market and it is expected to grow by $ 5.15 bn, accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Distribution Automation Solutions Market: Receive Free Sample Report
Distribution Automation Solutions Market: APAC to lead market growth during the forecast period
Distribution Automation Solutions Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., CG Power and Industrial Solutions Ltd., Cisco Systems Inc., Eaton Corp. Plc, Emerson Electric Co., General Electric Co., Hitachi Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
Distribution Automation Solutions Market: Key Highlights of the Report for 2021-2025
