The global Distribution Automation market is fragmented owing to a decent number of players in the market landscape. And, prominent players in the global Distribution Automation market are Siemens (Germany), ABB (Switzerland), GE (US), Schneider Electric (France), and Eaton (Ireland). Software providers such as Cisco (US) and Xylem (Sensus) (US) provide software to OEMs such as ABB (Switzerland) and Siemens (Germany), among others.
In order to consolidate their market position, players clamor for an edge over competitors and that can be done via product development, advancement in technology and increasing investment in research and development in order to push innovation. Some of the players partner with others to combine capabilities and know-how, while exploring synergies to ensure growth in the future. Often, it also leads to a deeper penetration into a specific market.
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Global Distribution Automation Market: Key Trends and drivers
The global Distribution Automation market is looking at significant factors of growth over the forecast period. Some of the key factors comprise the ones outline below. A thorough analysis can be found in the upcoming global distribution automation market study report done by Transparency Market Research (TMR).
- Increase in generation of renewable energy is leading to growth in the distribution automation system. In the total energy mix, the share of renewables is increasing, driving the global Distribution Automation market up significantly. Besides, it has been noted that existing infrastructure is ageing and as that demands for an upgrade, it is good news for the distribution automation market all the way.
- Communication technologies are witnessing revolutionary advancement and so is Internet of Things (IoT), which is a solid foundation to build the future of automation on as it has the capacity of smoothening creases from planning, processes and outcomes. Besides, precision and accuracy will improve with further advancement in the field. Additionally, as advancement in technology leads to lower maintenance cost and high efficiency, market for the distribution automation will only see a higher upward curve over the forecast period.
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.