Automation Solutions in Power Market Identify Hidden Growth (2024-2030)

HTF MI recently introduced Global Automation Solutions in Power Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are ABB Ltd. (Switzerland), Alstom SA (France), General Electric Company (United Kingdom), Wärtsilä Corporation (Finland), Vestas Wind Systems A/S (Denmark), Senvion S.A. (Germany), Endress+Hauser Group (Switzerland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan).

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According to HTF Market Intelligence, the Global Automation Solutions in Power market is expected to grow from  USD in 2023 to  USD by 2030, with a CAGR of % from 2024 to 2030. The market is segmented by Application (Industrial, Commercial, Residential, Utilities, Transportation) by Type (System-level Distribution, Customer-level Distribution, Grid Management, Energy Storage) by Technology (SCADA, PLC, DCS, HMI, EMS) by Component (Hardware, Software, Services) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

 

Definition:

Automation solutions play a significant role in the power industry, enabling efficient and reliable operation of power generation, transmission, and distribution systems.Automation solutions in the power industry enable enhanced operational efficiency, improved system reliability, and effective utilization of power resources. They support the transition towards a more sustainable and resilient power grid by facilitating the integration of renewable energy sources, optimizing energy flow, and enabling proactive maintenance practices.

Fastest-Growing Region:

  • Automation Solutions in Power Market – Global Trend and Outlook to 2029

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Automation Solutions in Power market segments by Types: System-level Distribution, Customer-level Distribution, Grid Management, Energy Storage
Detailed analysis of Automation Solutions in Power market segments by Applications: Industrial, Commercial, Residential, Utilities, Transportation

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

  • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
  • North America (United States, Mexico & Canada)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
  • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Automation Solutions in Power Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.

 

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Automation Solutions in Power Market:

Chapter 01 – Automation Solutions in Power Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Automation Solutions in Power Market – Pricing Analysis

Chapter 05 – Global Automation Solutions in Power Market Background or History

Chapter 06 — Global Automation Solutions in Power Market Segmentation (e.g. Type, Application)

Chapter 07 – Key and Emerging Countries Analysis Worldwide Automation Solutions in Power Market

Chapter 08 – Global Automation Solutions in Power Market Structure & worth Analysis

Chapter 09 – Global Automation Solutions in Power Market Competitive Analysis & Challenges

Chapter 10 – Assumptions and Acronyms

Chapter 11 – Automation Solutions in Power Market Research Methodology

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