The global distribution automation market is estimated to be valued at USD 15.8 billion in 2022 and is projected to reach USD 28.1 billion by 2027, growing at a CAGR of 12.2%.

Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless (RF Mesh, Cellular, Wimax)), Utility, Region

Increasing demand for energy efficiency and increasing renewable power generation are the key factors driving the market of distribution automation.

The distribution automation market is expected to grow from an estimated market size of USD 11.82 billion in 2018 to USD 16.81 billion by 2023, at a CAGR of 7.29% from 2018 to 2023.