Smart Power Distribution Systems Market

Smart Power Distribution Systems Market (Component: Software [Advanced Metering Infrastructure, Smart Grid Communication, Substation Automation, Billing Information System, Energy Management, and Cloud-based Applications], Hardware [AMI Meters, Programmable Logic Controller {PLC}, Intelligent Power Distribution Unit, and Others], and Services [Deployment and Integration, Consultant, and Maintenance]; and Application) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Smart Power Distribution Systems Market Outlook 2031

  • The global smart power distribution systems market was valued at US$ 23.8 Bn in 2020
  • It is estimated to expand at a CAGR of 13.9% from 2021 to 2031
  • The global smart power distribution systems market is expected to cross the value of US$ 96.1 Bn by the end of 2031

Analysts’ Viewpoint on Smart Power Distribution Systems Market Scenario

Growth and developments of grid infrastructure, increase in demand for integration of renewable energy sources, high grid reliability, and efficient outage response have increased the penetration of smart power distribution systems globally. The global smart power distribution systems market is significantly driven by factors such as rising number of oil & gas industries, along with continuous technological advancements. Consumers are rapidly adopting various smart grid solutions, as smart grid solutions allow electrical appliances to be automatically controlled and also reduce the overall cost of electricity. The significant presence of market players operating in the smart power distribution systems market is also contributing to the market growth during the forecast period.

Technological Advancements and Rise in Popularity of Automated Software

The software segment is expected to dominate during the forecast period due to increasing implementation of various advanced automated software in order to manage rising power consumption, power outages, fault detection, and power theft. Software allows utilities to reduce the overall production cost by eliminating human errors. Many countries across the globe are focusing on developing and refining grid infrastructure, including advanced metering, distribute on automation, substation automation, ubiquitous communications networks, micro grids, and DER integration. The industrial segment is expected to expand at a significant CAGR during the forecast period. Increasing IT spending and grid infrastructure development in North America and Asia Pacific are driving the smart power distribution systems market in the region.

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Increase in Usage of Advanced Metering Infrastructure to Fuel Operational Efficiency

The advanced metering infrastructure segment is expected to hold major share of the global market during the forecast period due to the rising adoption of AMI meters in order to increase operational efficiencies and customer service. Furthermore, a large number of utilities are rapidly installing AMI meters in order to generate more accurate bills and automatically and wirelessly send actual energy usage to the consumer, which, in turn, has boosted the advanced metering infrastructure segment across different regions of the world.

Smart power distribution systems are designed to deliver power from substations to customers. Efficient delivery and reliability of service are crucial measures for distribution systems. Destructive hurricanes, winter storms, and other extreme weather events, resulting from global climate change, may further challenge the reliable operation of distribution systems. In order to minimize the impact of these events on reliable power supply, governments and utilities are making an effort toward smart distribution systems (SDSs) through grid modernization.

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Rise in Demand for High Speed Data Network to Boost Global Market

The adoption of smart power distribution solution by utilities is rising due to the increasing need for savings in capital expenditure (CapEx) and operational expenditure (OpEx). The growing consumer demand for high speed data networks for reliable connectivity and mobility has fueled the demand for smart power distribution systems solutions. Numerous advancements in the networking industry and various benefits provided by automation technologies are likely expected to boost the demand for smart power distribution systems solutions. The U.S. is expected to hold a prominent share of the smart power distribution systems market.

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Lucrative Growth Opportunities for Market Players in Europe and North America

North America is projected to dominate the global smart power distribution systems market during the forecast period. This is due to technological advancements and presence of a large number of grid automation solution providers in the region. Power grid solutions and services providers in North America are collaborating with each other and focusing on offering various advanced technology solutions to consumers, owing to rise in usage of power in the region. In North America, a large number of utilities are increasingly investing in smart grid technologies in order to improve operational efficiency and customer service.

The demand for smart power distribution solutions in APAC is likely to remain concentrated in China and India, owing to a larger consumer base in these countries. The market in India is estimated to expand at a significant CAGR among the countries in Asia Pacific during the forecast period owing to the surging need to improve the grid infrastructure and reduce power outages. Several countries in APAC are still using traditional power distribution systems, which are expected to shift toward smart grid solutions.

Smart Power Distribution Systems Market: Overview

  • According to Transparency Market Research’s latest research report on the global smart power distribution systems market for the historical period 2017–2019 and the forecast period 2021–2031, rise in adoption of IoT in smart power distribution and emergence of remote control capability in smart distribution systems are expected to boost the global smart power distribution systems market during the forecast period

Rise in Adoption of IoT in Smart Power Distribution: Key Driver of Smart Power Distribution Systems Market

  • The IoT platform supports the smart power distribution’s bidirectional flow of data. The use of this data through cloud, automated telemonitoring systems and its accurate collection, visualization, and analysis enables plant operators to respond proactively to various challenges. The operators can optimally coordinate all systems and services to prevent errors and reduce design, construction, and maintenance costs on a lasting basis.
  • The implementation of IoT with the aid of cloud connectivity reduces the requirement for in-person maintenance of local equipment via remote monitoring. This leads to reduction in operational costs by using inexpensive third-party cloud-based services, which offers 24/7 access to data.
  • The low-power, wide-area network (LPWAN) technology, a new smart power distribution systems integrated with wireless IoT sensors, data communication infrastructure, and cybersecurity, helps gain rapid, secure, and inexpensive access to the cloud. This technology offers long-range wireless telecommunication at a low bit rate. LPWAN provides various benefits that include remote access to building electrical distribution assets, reduced maintenance cost, and native connectivity in power distribution system components.
  • Existing distribution networks are also facing some challenges including power theft, over energy usage by residential loads, and unbalanced loads on three phases. IoT helps offer reliable and quality power supply to reduce losses occurring due to power theft for power distribution companies. Thus, a rise in adoption of IoT in the power distribution system drives the market.

Emergence of Remote Control Capability in Smart Distribution Systems Propels Market

  • Rise in installation of field devices with communication capabilities, such as Remote Control Capability (RCSs), enables distribution operators to operate these devices remotely in distribution systems. The remote control capability is crucial for smart power distribution systems, as with more RCSs, distribution operators can perform service restoration rapidly.
  • Remote-controlled switches (RCSs) have great communication capability and can work faster for system restoration following a permanent outage. This helps improve the reliability of an existing distribution network. RCSs are extensively utilized to reduce both the number and the duration of interruptions. However, the cost of these remote-controlled switches is relatively higher than that of manual protective devices, which hampers the adoption of these switches.

Smart Power Distribution Systems Market: Competition Landscape

  • Detailed profiles of providers of smart power distribution systems have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global smart power distribution systems market are
    • ABB Ltd.
    • Aclara Technologies LLC.
    • Cisco Systems Inc., Eaton Corporation
    • Fuji Electric Co., Ltd
    • General Electric Company
    • Honeywell International Inc.
    • Itron Inc., Landis+Gyr AG
    • Schneider Electric SE
    • Siemens AG.

Smart Power Distribution Systems Market: Key Developments

  • Key providers of smart power distribution systems, such as ABB Ltd., Aclara Technologies LLC., Cisco Systems Inc., Eaton Corporation, General Electric Company, and Siemens AG, are focused on the design of cost-effective smart power distribution systems products to attract more customers. Other key developments in the global smart power distribution systems market have been highlighted below:
    • In December 2021, Schneider Electric launched a new version of its distribution system, EcoStruxure Power. This IoT-enabled architecture and platform designed to digitize and simplify electrical distribution infrastructure and delivers “always-on” power for commercial buildings, healthcare, data centres, industry and infrastructure. This new upgraded EcoStruxure has enhanced cybersecurity features, improved connectivity and predictive analytics features to reduce electrical fires and ensure the safety of equipment and personnel.
    • In July 2018, ABB (India Limited) signed a memorandum of understanding (MoU) with the Indian Institute of Technology Roorkee (IITR) for technical cooperation to build an operational smart electricity distribution network and management system (SDNMS) in its campus. This served as a pilot project for the Government of India’s Smart Cities Mission. This agreement also included creation of a Smart Grids Resource Centre and joint R&D facilities in the field of efficient power generation and distribution with prime focus on clean energy over the next five years.
  • In the global smart power distribution systems market report, we have discussed individual strategies, followed by company profiles of providers of smart power distribution systems products. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global smart power distribution systems market.

Smart Power Distribution Systems Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 23.8 Bn

Market Forecast Value in 2031

US$ 96.1 Bn

Growth Rate (CAGR)

13.9%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value

Market analysis

It includes cross segment analysis at the global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, supply chain analysis, parent industry overview, etc.

Competition Landscape

  • Market Share Analysis by Company (2020)
  • Company profiles include overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) or word + Excel

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • South Korea
  • ASEAN
  • GCC Countries
  • South Africa
  • Brazil

Market Segmentation

  • Component
    • Software
      • Advanced Metering Infrastructure
      • Smart Grid Communication
      • Substation Automation
      • Billing Information System
      • Energy Management
      • Cloud-based Applications
    • Hardware
      • AMI Meters
      • Programmable Logic Controller (PLC)
      • Intelligent Power Distribution Unit
      • Others (Sensors, Protection and Control Relays, etc.)
    • Services
      • Deployment and Integration
      • Consultant
      • Maintenance
  • Application
    • Commercial
    • Residential
    • Industrial
      • Automotive
      • Pharmaceutical
      • Chemical
      • Food & Beverage
      • Others (Healthcare, Marine, etc.)

Companies Profiled

  • ABB Ltd.
  • Aclara Technologies LLC.
  • Cisco Systems Inc.
  • Eaton Corporation
  • Fuji Electric Co., Ltd
  • General Electric Company
  • Honeywell International Inc.
  • Itron Inc.
  • Landis+Gyr AG
  • Schneider Electric SE
  • Siemens AG

Customization Scope

Available upon Request

Pricing

Available upon Request

Smart Power Distribution Systems Market – Segmentation

Component
  • Software
  • Hardware
  • Services
Application
  • Commercial
  • Residential
  • Industrial
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

TMR’s study of the global smart power distribution systems market segments the market based on component, application, and region. Changing market trends and other crucial market dynamics associated with segments of the global smart power distribution systems market have been discussed in detail in TMR’s study.

Frequently Asked Questions

What is the Smart Power Distribution Systems Market size?

Smart Power Distribution Systems Market is projected to reach US$ 96.1 Bn by the end of 2031

What is the CAGR for Smart Power Distribution Systems Market?

Smart Power Distribution Systems Market is expected to grow at a CAGR of 13.9% during 2021-2031

What is the Study Period of Smart Power Distribution Systems Market?

Smart Power Distribution Systems Market is studied from 2021-2031

Who are the key players in the Smart Power Distribution Systems Market?

Key vendors in the Smart Power Distribution Systems Market are ABB Ltd., Aclara Technologies LLC., Cisco Systems Inc., Eaton Corporation, Fuji Electric Co., Ltd, General Electric Company, Honeywell International Inc., Itron Inc., Landis+Gyr AG, Schneider Electric SE, and Siemens AG.

Which Region Lead Smart Power Distribution Systems Market?

North America region Takes Lead in the Smart Power Distribution Systems Market

    1. Preface

        1.1. Market Introduction

        1.2. Market and Segments Definition

        1.3. Market Taxonomy

        1.4. Research Methodology

        1.5. Assumption and Acronyms 

    2. Executive Summary

        2.1. Global Smart Power Distribution Systems Market Analysis and Forecast

        2.2. Regional Outline

        2.3. Market Dynamics Snapshot

        2.4. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Key Market Indicator

        3.3. Drivers

        3.4. Market Restraints and Opportunities

        3.5. Market Trends

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview – Energy & Power Industry Overview

        4.2. Supply Chain Analysis

        4.3. Industry SWOT Analysis

        4.4. Porter Five Forces Analysis

        4.5. COVID-19 Impact Analysis

    5. Global Smart Power Distribution Systems Market Analysis, by Component

        5.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            5.1.1. Software 

                5.1.1.1. Advanced Metering Infrastructure

                5.1.1.2. Smart Grid Communication

                5.1.1.3. Substation Automation

                5.1.1.4. Billing Information System

                5.1.1.5. Energy Management

                5.1.1.6. Cloud-based Applications

            5.1.2. Hardware 

                5.1.2.1. AMI Meters

                5.1.2.2. Programmable Logic Controller (PLC)

                5.1.2.3. Intelligent Power Distribution Unit 

                5.1.2.4. Others (Sensors, Protection and Control Relays, etc.)

            5.1.3. Services

                5.1.3.1. Deployment and Integration

                5.1.3.2. Consultant

                5.1.3.3. Maintenance

        5.2. Market Attractiveness Analysis, by Component

    6. Global Smart Power Distribution Systems Market Analysis, by Application

        6.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            6.1.1. Commercial

            6.1.2. Residential

            6.1.3. Industrial

                6.1.3.1. Automotive

                6.1.3.2. Pharmaceutical

                6.1.3.3. Chemical

                6.1.3.4. Food & Beverage

                6.1.3.5. Others (Healthcare, Marine, etc.)

        6.2. Market Attractiveness Analysis, by Application

    7. Global Smart Power Distribution Systems Market Analysis and Forecast, by Region

        7.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Region, 2017 – 2031

            7.1.1. North America

            7.1.2. Europe

            7.1.3. Asia Pacific

            7.1.4. Middle East & Africa

            7.1.5. South America

        7.2. Market Attractiveness Analysis, by Region

    8. North America Smart Power Distribution Systems Market Analysis and Forecast

        8.1. Market Snapshot

        8.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            8.2.1. Software 

                8.2.1.1. Advanced Metering Infrastructure

                8.2.1.2. Smart Grid Communication

                8.2.1.3. Substation Automation

                8.2.1.4. Billing Information System

                8.2.1.5. Energy Management

                8.2.1.6. Cloud-based Applications

            8.2.2. Hardware 

                8.2.2.1. AMI Meters

                8.2.2.2. Programmable Logic Controller (PLC)

                8.2.2.3. Intelligent Power Distribution Unit 

                8.2.2.4. Others (Sensors, Protection and Control Relays, etc.)

            8.2.3. Services

                8.2.3.1. Deployment and Integration

                8.2.3.2. Consultant

                8.2.3.3. Maintenance

        8.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            8.3.1. Commercial

            8.3.2. Residential

            8.3.3. Industrial

                8.3.3.1. Automotive

                8.3.3.2. Pharmaceutical

                8.3.3.3. Chemical

                8.3.3.4. Food & Beverage

                8.3.3.5. Others (Healthcare, Marine, etc.)

        8.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031

            8.4.1. U.S.

            8.4.2. Canada

            8.4.3. Rest of North America

        8.5. Market Attractiveness Analysis

            8.5.1. By Component

            8.5.2. By Application

            8.5.3. By Country

    9. Europe Smart Power Distribution Systems Market Analysis and Forecast

        9.1. Market Snapshot

        9.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            9.2.1. Software 

                9.2.1.1. Advanced Metering Infrastructure

                9.2.1.2. Smart Grid Communication

                9.2.1.3. Substation Automation

                9.2.1.4. Billing Information System

                9.2.1.5. Energy Management

                9.2.1.6. Cloud-based Applications

            9.2.2. Hardware 

                9.2.2.1. AMI Meters

                9.2.2.2. Programmable Logic Controller (PLC)

                9.2.2.3. Intelligent Power Distribution Unit 

                9.2.2.4. Others (Sensors, Protection and Control Relays, etc.)

            9.2.3. Services

                9.2.3.1. Deployment and Integration

                9.2.3.2. Consultant

                9.2.3.3. Maintenance

        9.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            9.3.1. Commercial

            9.3.2. Residential

            9.3.3. Industrial

                9.3.3.1. Automotive

                9.3.3.2. Pharmaceutical

                9.3.3.3. Chemical

                9.3.3.4. Food & Beverage

                9.3.3.5. Others (Healthcare, Marine, etc.)

        9.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031

            9.4.1. U.K.

            9.4.2. Germany

            9.4.3. France

            9.4.4. Rest of Europe

        9.5. Market Attractiveness Analysis

            9.5.1. By Component

            9.5.2. By Application

            9.5.3. By Country

    10. Asia Pacific Smart Power Distribution Systems Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            10.2.1. Software 

                10.2.1.1. Advanced Metering Infrastructure

                10.2.1.2. Smart Grid Communication

                10.2.1.3. Substation Automation

                10.2.1.4. Billing Information System

                10.2.1.5. Energy Management

                10.2.1.6. Cloud-based Applications

            10.2.2. Hardware 

                10.2.2.1. AMI Meters

                10.2.2.2. Programmable Logic Controller (PLC)

                10.2.2.3. Intelligent Power Distribution Unit 

                10.2.2.4. Others (Sensors, Protection and Control Relays, etc.)

            10.2.3. Services

                10.2.3.1. Deployment and Integration

                10.2.3.2. Consultant

                10.2.3.3. Maintenance

        10.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            10.3.1. Commercial

            10.3.2. Residential

            10.3.3. Industrial

                10.3.3.1. Automotive

                10.3.3.2. Pharmaceutical

                10.3.3.3. Chemical

                10.3.3.4. Food & Beverage

                10.3.3.5. Others (Healthcare, Marine, etc.)

        10.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031

            10.4.1. China

            10.4.2. India

            10.4.3. Japan

            10.4.4. South Korea

            10.4.5. ASEAN

            10.4.6. Rest of Asia Pacific

        10.5. Market Attractiveness Analysis

            10.5.1. By Component

            10.5.2. By Application

            10.5.3. By Country

    11. Middle East & Africa (MEA) Smart Power Distribution Systems Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            11.2.1. Software 

                11.2.1.1. Advanced Metering Infrastructure

                11.2.1.2. Smart Grid Communication

                11.2.1.3. Substation Automation

                11.2.1.4. Billing Information System

                11.2.1.5. Energy Management

                11.2.1.6. Cloud-based Applications

            11.2.2. Hardware 

                11.2.2.1. AMI Meters

                11.2.2.2. Programmable Logic Controller (PLC)

                11.2.2.3. Intelligent Power Distribution Unit 

                11.2.2.4. Others (Sensors, Protection and Control Relays, etc.)

            11.2.3. Services

                11.2.3.1. Deployment and Integration

                11.2.3.2. Consultant

                11.2.3.3. Maintenance

        11.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            11.3.1. Commercial

            11.3.2. Residential

            11.3.3. Industrial

                11.3.3.1. Automotive

                11.3.3.2. Pharmaceutical

                11.3.3.3. Chemical

                11.3.3.4. Food & Beverage

                11.3.3.5. Others (Healthcare, Marine, etc.)

        11.4. Smart Power Distribution Systems Market Size (US$ Mn)  Analysis and Forecast, by Country & Sub-region, 2017 – 2031

            11.4.1. GCC

            11.4.2. South Africa

            11.4.3. Rest of Middle East & Africa

        11.5. Market Attractiveness Analysis

            11.5.1. By Component

            11.5.2. By Application

            11.5.3. By Country

    12. South America Smart Power Distribution Systems Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031

            12.2.1. Software 

                12.2.1.1. Advanced Metering Infrastructure

                12.2.1.2. Smart Grid Communication

                12.2.1.3. Substation Automation

                12.2.1.4. Billing Information System

                12.2.1.5. Energy Management

                12.2.1.6. Cloud-based Applications

            12.2.2. Hardware 

                12.2.2.1. AMI Meters

                12.2.2.2. Programmable Logic Controller (PLC)

                12.2.2.3. Intelligent Power Distribution Unit 

                12.2.2.4. Others (Sensors, Protection and Control Relays, etc.)

            12.2.3. Services

                12.2.3.1. Deployment and Integration

                12.2.3.2. Consultant

                12.2.3.3. Maintenance

        12.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031

            12.3.1. Commercial

            12.3.2. Residential

            12.3.3. Industrial

                12.3.3.1. Automotive

                12.3.3.2. Pharmaceutical

                12.3.3.3. Chemical

                12.3.3.4. Food & Beverage

                12.3.3.5. Others (Healthcare, Marine, etc.)

        12.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031

            12.4.1. Brazil

            12.4.2. Rest of South America

        12.5. Market Attractiveness Analysis

            12.5.1. By Component

            12.5.2. By Application

            12.5.3. By Country

    13. Competition Assessment

        13.1. Global Smart Power Distribution Systems Market Competition Matrix - a Dashboard View

            13.1.1. Global Smart Power Distribution Systems Market Company Share Analysis, by Value (2020) 

            13.1.2. Technological Differentiator

    14. Company Profiles (Manufacturers/Suppliers)

        14.1. ABB Ltd.

            14.1.1. Overview

            14.1.2. Product Portfolio

            14.1.3. Sales Footprint

            14.1.4. Key Subsidiaries or Distributors

            14.1.5. Strategy and Recent Developments

            14.1.6. Key Financials

        14.2. Aclara Technologies LLC.

            14.2.1. Overview

            14.2.2. Product Portfolio

            14.2.3. Sales Footprint

            14.2.4. Key Subsidiaries or Distributors

            14.2.5. Strategy and Recent Developments

            14.2.6. Key Financials

        14.3. Cisco Systems Inc.

            14.3.1. Overview

            14.3.2. Product Portfolio

            14.3.3. Sales Footprint

            14.3.4. Key Subsidiaries or Distributors

            14.3.5. Strategy and Recent Developments

            14.3.6. Key Financials

        14.4. Eaton Corporation

            14.4.1. Overview

            14.4.2. Product Portfolio

            14.4.3. Sales Footprint

            14.4.4. Key Subsidiaries or Distributors

            14.4.5. Strategy and Recent Developments

            14.4.6. Key Financials

        14.5. Fuji Electric Co., Ltd

            14.5.1. Overview

            14.5.2. Product Portfolio

            14.5.3. Sales Footprint

            14.5.4. Key Subsidiaries or Distributors

            14.5.5. Strategy and Recent Developments

            14.5.6. Key Financials

        14.6. General Electric Company

            14.6.1. Overview

            14.6.2. Product Portfolio

            14.6.3. Sales Footprint

            14.6.4. Key Subsidiaries or Distributors

            14.6.5. Strategy and Recent Developments

            14.6.6. Key Financials

        14.7. Honeywell International Inc.

            14.7.1. Overview

            14.7.2. Product Portfolio

            14.7.3. Sales Footprint

            14.7.4. Key Subsidiaries or Distributors

            14.7.5. Strategy and Recent Developments

            14.7.6. Key Financials

        14.8. Itron Inc.

            14.8.1. Overview

            14.8.2. Product Portfolio

            14.8.3. Sales Footprint

            14.8.4. Key Subsidiaries or Distributors

            14.8.5. Strategy and Recent Developments

            14.8.6. Key Financials

        14.9. Landis+Gyr AG

            14.9.1. Overview

            14.9.2. Product Portfolio

            14.9.3. Sales Footprint

            14.9.4. Key Subsidiaries or Distributors

            14.9.5. Strategy and Recent Developments

            14.9.6. Key Financials

        14.10. Schneider Electric SE

            14.10.1. Overview

            14.10.2. Product Portfolio

            14.10.3. Sales Footprint

            14.10.4. Key Subsidiaries or Distributors

            14.10.5. Strategy and Recent Developments

            14.10.6. Key Financials

        14.11. Siemens AG

            14.11.1. Overview

            14.11.2. Product Portfolio

            14.11.3. Sales Footprint

            14.11.4. Key Subsidiaries or Distributors

            14.11.5. Strategy and Recent Developments

            14.11.6. Key Financials

    15. Recommendation

        15.1. Opportunity Assessment

            15.1.1. By Component

            15.1.2. By Application

            15.1.3. By Region

    List of Tables

    Table 01: Global Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 02: Global Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 03: Global Smart Power Distribution Systems Market Size & Forecast, by Region, Value (US$ Mn ), 2017-2031

    Table 04: North America Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 05: North America Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 06: North America Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Table 07: Europe Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 08: Europe Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 09: Europe Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Table 10: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 11: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 12: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Table 13: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 14: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 15: Middle East and Africa Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Table 16: South America Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031

    Table 17: South America Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031

    Table 18: South America Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017-2031

    List of Figures

    Figure 01: Global Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 02: Global Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 03: Global Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 04: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 05: Global Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 06: Global Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 07: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 08: Global Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 09: Global Smart Power Distribution Systems Market Projections by Region, Value (US$ Mn ), 2017-2031

    Figure 10: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Region, Value (US$ Mn ), 2021-2031

    Figure 11: Global Smart Power Distribution Systems Market Share Analysis, by Region, 2021 and 2031

    Figure 12: North America Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 13: North America Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 14: North America Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 15: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 16: North America Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 17: North America Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 18: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 19: North America Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 20: North America Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Figure 21: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031

    Figure 22: North America Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031

    Figure 23: Europe Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 24: Europe Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 25: Europe Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 26: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 27: Europe Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 28: Europe Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 29: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 30: Europe Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 31: Europe Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Figure 32: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031

    Figure 33: Europe Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031

    Figure 34: Asia Pacific Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 35: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 36: Asia Pacific Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 37: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 38: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 39: Asia Pacific Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 40: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 41: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 42: Asia Pacific Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Figure 43: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031

    Figure 44: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031

    Figure 45: Middle East & Africa Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 46: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 47: Middle East & Africa Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 48: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 49: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 50: Middle East & Africa Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 51: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 52: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 53: Middle East & Africa Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Figure 54: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031

    Figure 55: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031

    Figure 56: South America Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031

    Figure 57: South America Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031

    Figure 58: South America Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031

    Figure 59: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031

    Figure 60: South America Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031

    Figure 61: South America Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031

    Figure 62: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031

    Figure 63: South America Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031

    Figure 64: South America Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031

    Figure 65: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031

    Figure 66: South America Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031

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