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Electric Power Distribution Automation Systems Market 2022 Projected US$ 30,888 Million By 2028 With CAGR Of 6.48% By 2028

Proficient Market Insights
15 min read
Proficient Market Insights
Proficient Market Insights

Electric Power Distribution Automation Systems Market regional insights: China Electric Power Distribution Automation Systems market size is valued at US$ 3,304 million in 2021, while the North America and Europe Electric Power Distribution Automation Systems are US$ 6,063 million and US$ 4,842 million, severally.

Pune, April 11, 2022 (GLOBE NEWSWIRE) -- Global Electric Power Distribution Automation Systems Market 2022
Global Electric Power Distribution Automation Systems Market research study entails a thorough examination of the industry's future and current conditions. The study also breaks down market size, both in terms of volume and value, and market share, by geography. Market classifications, applications, primary supply chain structure, and principles are all discussed in the Global Electric Power Distribution Automation Systems Market. The most recent market analysis survey, which is aimed at a global audience, looks at development patterns, the growth status of main regions, and a business outlook overview. The impact of the COVID-19 pandemic on Global Electric Power Distribution Automation Systems Market share, and consumer prices, and annual growth rate was also examined in the study.

>Final Report will add the analysis of the impact of COVID-19 on this industry

Below Companies covered in this Electric Power Distribution Automation Systems Market report:

  • Hitachi (ABB)

  • Siemens

  • GE

  • Eaton

  • NARI Group Corporation

  • Beijing Creative Distribution Automation

  • Itron

  • Beijing SOJO Electric

  • Xuji Electric

  • Integrated Electronic Systems

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https://proficientmarketinsights.com/enquiry/request-sample/20555122?utm_source=GV

Market Analysis and Insights: Global Electric Power Distribution Automation Systems Market
The global Electric Power Distribution Automation Systems market size is projected to reach US$ 30,888 million by 2028, from US$ 19,910 million in 2021, at a CAGR of 6.48% during 2022-2028.

Fully considering the economic change by this health crisis, Hardware accounting for 89.60% of the Electric Power Distribution Automation Systems global market in 2021, is projected to value US$ 27,262 million by 2028, growing at a revised 6.27% CAGR in the post-COVID-19 period. While Industrial segment is altered to an 5.84% CAGR throughout this forecast period.

China Electric Power Distribution Automation Systems market size is valued at US$ 3,304 million in 2021, while the North America and Europe Electric Power Distribution Automation Systems are US$ 6,063 million and US$ 4,842 million, severally. The proportion of the North America is 30.45% in 2021, while China and Europe are 16.59% and 24.32% respectively, and it is predicted that China proportion will reach 21.20% in 2028, trailing a CAGR of 10.18% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 5.96%, 5.01%, and 8.92% respectively for the next 6-year period. As for the Europe Electric Power Distribution Automation Systems landscape, Germany is projected to reach US$ 1,436 million by 2028 trailing a CAGR of 4.64% over the forecast period.

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