PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652098
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652098
The global electric power distribution automation systems market size is expected to reach USD 56.50 billion by 2034, according to a new study by Polaris Market Research. The report "Electric Power Distribution Automation Systems Market Size, Share, Trends, Industry Analysis Report: By Component (Field Devices, Software, Services, and Communication Technology), Implementation, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Electric power distribution automation systems help manage electricity distribution by collecting, analyzing, and optimizing data. These systems use sensors, switches, processors, and communication systems to improve grid efficiency. They provide real-time updates about voltage monitoring, faults, reactive power management, and various aspects of the power system.
The rising adoption of smart grids and the introduction of government regulations and policies aimed at reducing carbon emissions and enhancing energy efficiency are among the key factors driving the electric power distribution automation systems market growth. Further, the growing demand for electricity and the increasing need for efficient and low-cost solutions for efficient power distribution support the development of the market.
The growing investments by vendors in technological advancements, the urgent need to modernize existing infrastructure, and the challenges posed by aging infrastructure are anticipated to drive the adoption of electric power distribution automation systems in the coming years. The shift toward renewable energy sources such as solar and wind is anticipated to provide lucrative electric power distribution automation systems market opportunities during the forecast period.
Key Highlights of Electric Power Distribution Automation Systems Market Report
Based on implementation, the substation automation segment led the electric power distribution automation systems market with a revenue share of 58.8% in 2024, owing to its vital role in improving operational efficiency and ensuring grid reliability.
Based on application, the commercial segment is anticipated to register the highest CAGR of 5.9% from 2025 to 2034. This is primarily because the commercial sector is rapidly adopting automation solutions for electric power distribution to ensure a reliable power supply for businesses such as hospitals, data centers, and hotels.
North America led the electric power distribution automation systems market with a 34.2% revenue share in 2024. The regional market growth is primarily fueled by infrastructure modernization, rising investments in smart grid technologies, and growing demand for energy efficiency and reliability.
The Asia Pacific electric power distribution automation systems market is projected to register the highest CAGR of 7.9% from 2025 to 2034, driven by the introduction of smart city initiatives, rising emphasis on the integration of clean energy, and rapid growth of the industrial sector.
Hitachi Energy Ltd.; MYR Group Inc.; THE KANSAI ELECTRIC POWER CO., INC.; Siemens; Eaton; General Electric Company; Cisco Systems Inc.; Schneider Electric; and ABB are a few of the key market players.
Polaris Market Research has segmented the electric power distribution automation systems market research report on the basis of component, application, implementation, and region: