DUBLIN--(BUSINESS WIRE)--The "UAE Distribution Automation Market By Component (Field Device, Software & Services and Communication Technology), By Technology (Wired & Wireless), By Utility (Public Utility & Private Utility), By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The UAE distribution automation market is anticipated to grow at a robust CAGR during the forecast period, 2023-2027. The market is primarily driven by the rise in investments by the public and private players to upgrade the aging infrastructure and the need for advanced equipment for monitoring and predictive maintenance of the system.
Also, the high-end investments by the market players for the advancements in communication technology are expected to create significant growth opportunities for the UAE distribution automation market in the forecast period.
Rapid industrialization and urbanization activities in the country have led to significant energy requirements. Thus, the government is focused on improving existing grid infrastructure and developing new ones to accommodate the higher energy demands. The distributed automation system can help attain higher energy efficiency, protect the supply network, and detect faults.
As the energy demand continues to increase from the commercial, industrial, and residential sectors, the need for distribution automation is expected to grow in the coming years.
The huge economic and infrastructure growth in the UAE makes it necessary to improve the current infrastructure. The UAE distribution automation market is anticipated to have considerable growth potential throughout the forecast period due to the rising demand for modernized and intelligent power distribution infrastructure to meet the energy demands from the recently built smart cities.
The government supports the adoption of distributed automation system technology across a number of utility and energy sectors, and it is anticipated that this will positively impact the market demand.
Major players and governmental organizations are investing a lot of money in research and development to identify cutting-edge technologies that can increase the effectiveness and decrease failure rates of distribution automation systems. They are incorporating advanced technologies like the internet of things to continuously deliver real-time updates, which aid in the decision-making of the energy supply suppliers.
Additionally, the latest technology can aid the system's predictive maintenance. The uninterrupted supply of energy is ensured by the early detection and correction of the issue. Therefore, the performance of distribution automation systems can be enhanced by technological improvements, which is likely to result in an increase in market demand during the following five years.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of the UAE distribution automation market from 2017 to 2021.
- To estimate and forecast the market size of UAE distribution automation market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the UAE distribution automation market based on component, technology, utility, region, and company.
- To identify the dominant region or segment in the UAE distribution automation market.
- To identify drivers and challenges for the UAE distribution automation market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in the UAE distribution automation market.
- To identify and analyze the profiles of leading players operating in the UAE distribution automation market.
- To identify key sustainable strategies adopted by market players in UAE distribution automation market.
Companies Mentioned
- Siemens AG
- Eaton Corporation
- Xylem
- General Electric Company
- Landis+Gyr
- Cisco
- Trilliant Holdings Inc.
- Power System Engineering
- ABB Limited
- S&C Electric
- G&W Electric
- Schneider Electric
Report Scope:
In this report, UAE distribution automation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE Distribution Automation Market, By Component:
- Field Device
- Software & Services
- Communication Technology
UAE Distribution Automation Market, By Technology:
UAE Distribution Automation Market, By Utility:
- Public Utility
- Private Utility
UAE Distribution Automation Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
For more information about this report visit https://www.researchandmarkets.com/r/q929j0
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