Global Digitalization of Power Distribution Market Research Report 2024

Publication ID:

PB512240017

Publication Date:

December 5, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Internet [2]

Computing & Electronics [3]

Description:

The global market for Digitalization of Power Distribution was valued at US$ 33910 million in the year 2023 and is projected to reach a revised size of US$ 75090 million by 2030, growing at a CAGR of 12.2% during the forecast period.
Digitalization of Power Distribution means that electrical systems can be upgraded using smart equipment and energy and distribution management software to improve energy efficiency and reduce risk. In the digital trend, more and more industries have realized the benefit improvement of production, operation and management through the Internet of Things, and the key equipment of power distribution system, such as circuit breakers and transformers, supports the Internet of Things.
The key players of Global Digitalization of Power Distribution include HITACHI ABB POWER GRIDS, Schneider, Siemens, etc. These top three companies hold a market share about 60%. Europe is the major producing region in the world. In terms of application, the product is most widely used in industrial equipment, followed by the data center.
The power distribution digitalization market has shown a rapid growth trend in recent years. With the continuous development of technologies such as the Internet of Things, big data, and cloud computing, more and more industries have begun to improve the efficiency of production, operation, and management through digital means. As an important part of the power system, the digital upgrade of the power distribution system has also become an inevitable trend.
The main companies in the power distribution digitalization market include well-known domestic and foreign power equipment manufacturers and solution providers. These companies occupy an important position in the market with their advantages in technology, capital, and brand. Power distribution digitalization is widely used in many fields such as industry, construction, data centers, and rail transit. In the industrial field, power distribution digitalization can improve the automation level and production efficiency of production lines; in the construction field, power distribution digitalization can achieve efficient management of building energy and energy conservation and emission reduction; in the data center field, power distribution digitalization can ensure the stable operation of the data center and the reliability of power supply; in the rail transit field, power distribution digitalization can ensure the safety and stability of train operation.
Smart grid and new power system construction:
Smart distribution equipment is an important part of the construction of smart grid and new power system, and is directly related to the operational safety and efficiency of the power system.
The state has issued a series of policies conducive to the healthy development of the smart distribution equipment industry, promoting the construction of smart grid and new power system, thereby driving the market demand for distribution digitization.
Distribution network high-quality development policy:
The "Distribution Network High-quality Development Action Plan (2024-2027)" issued by the National Energy Administration proposes to accelerate the promotion of a number of distribution network upgrade and transformation projects in weak power supply areas, increase investment in distribution networks in old communities and urban villages, etc.
These policies aim to improve the power supply guarantee level and intelligence level of the distribution network, providing a broad market space for distribution digitization.
This report aims to provide a comprehensive presentation of the global market for Digitalization of Power Distribution, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digitalization of Power Distribution.
The Digitalization of Power Distribution market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digitalization of Power Distribution market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digitalization of Power Distribution companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
HITACHI ABB POWER GRIDS
Schneider
Siemens
Legrand
CHINT
Shanghai Liangxin Electrical
Changshu swItchgear mfg.
Suzhou Wanlong Electric
Xiamen Minghan Electric
XJEC
DFE
Willfar Information Technology Co. Ltd.
Segment by Type
Equipment
Software
Segment by Application
Industrial Equipment
Building & Construction
Data Center
Rail
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Digitalization of Power Distribution company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

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Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digitalization of Power Distribution Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Equipment
1.2.3 Software
1.3 Market by Application
1.3.1 Global Digitalization of Power Distribution Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Industrial Equipment
1.3.3 Building & Construction
1.3.4 Data Center
1.3.5 Rail
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digitalization of Power Distribution Market Perspective (2019-2030)
2.2 Global Digitalization of Power Distribution Growth Trends by Region
2.2.1 Global Digitalization of Power Distribution Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Digitalization of Power Distribution Historic Market Size by Region (2019-2024)
2.2.3 Digitalization of Power Distribution Forecasted Market Size by Region (2025-2030)
2.3 Digitalization of Power Distribution Market Dynamics
2.3.1 Digitalization of Power Distribution Industry Trends
2.3.2 Digitalization of Power Distribution Market Drivers
2.3.3 Digitalization of Power Distribution Market Challenges
2.3.4 Digitalization of Power Distribution Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digitalization of Power Distribution Players by Revenue
3.1.1 Global Top Digitalization of Power Distribution Players by Revenue (2019-2024)
3.1.2 Global Digitalization of Power Distribution Revenue Market Share by Players (2019-2024)
3.2 Global Digitalization of Power Distribution Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Digitalization of Power Distribution Revenue
3.4 Global Digitalization of Power Distribution Market Concentration Ratio
3.4.1 Global Digitalization of Power Distribution Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digitalization of Power Distribution Revenue in 2023
3.5 Global Key Players of Digitalization of Power Distribution Head office and Area Served
3.6 Global Key Players of Digitalization of Power Distribution, Product and Application
3.7 Global Key Players of Digitalization of Power Distribution, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Digitalization of Power Distribution Breakdown Data by Type
4.1 Global Digitalization of Power Distribution Historic Market Size by Type (2019-2024)
4.2 Global Digitalization of Power Distribution Forecasted Market Size by Type (2025-2030)
5 Digitalization of Power Distribution Breakdown Data by Application
5.1 Global Digitalization of Power Distribution Historic Market Size by Application (2019-2024)
5.2 Global Digitalization of Power Distribution Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Digitalization of Power Distribution Market Size (2019-2030)
6.2 North America Digitalization of Power Distribution Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Digitalization of Power Distribution Market Size by Country (2019-2024)
6.4 North America Digitalization of Power Distribution Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digitalization of Power Distribution Market Size (2019-2030)
7.2 Europe Digitalization of Power Distribution Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Digitalization of Power Distribution Market Size by Country (2019-2024)
7.4 Europe Digitalization of Power Distribution Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digitalization of Power Distribution Market Size (2019-2030)
8.2 Asia-Pacific Digitalization of Power Distribution Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Digitalization of Power Distribution Market Size by Region (2019-2024)
8.4 Asia-Pacific Digitalization of Power Distribution Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digitalization of Power Distribution Market Size (2019-2030)
9.2 Latin America Digitalization of Power Distribution Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Digitalization of Power Distribution Market Size by Country (2019-2024)
9.4 Latin America Digitalization of Power Distribution Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digitalization of Power Distribution Market Size (2019-2030)
10.2 Middle East & Africa Digitalization of Power Distribution Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Digitalization of Power Distribution Market Size by Country (2019-2024)
10.4 Middle East & Africa Digitalization of Power Distribution Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 HITACHI ABB POWER GRIDS
11.1.1 HITACHI ABB POWER GRIDS Company Details
11.1.2 HITACHI ABB POWER GRIDS Business Overview
11.1.3 HITACHI ABB POWER GRIDS Digitalization of Power Distribution Introduction
11.1.4 HITACHI ABB POWER GRIDS Revenue in Digitalization of Power Distribution Business (2019-2024)
11.1.5 HITACHI ABB POWER GRIDS Recent Development
11.2 Schneider
11.2.1 Schneider Company Details
11.2.2 Schneider Business Overview
11.2.3 Schneider Digitalization of Power Distribution Introduction
11.2.4 Schneider Revenue in Digitalization of Power Distribution Business (2019-2024)
11.2.5 Schneider Recent Development
11.3 Siemens
11.3.1 Siemens Company Details
11.3.2 Siemens Business Overview
11.3.3 Siemens Digitalization of Power Distribution Introduction
11.3.4 Siemens Revenue in Digitalization of Power Distribution Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Legrand
11.4.1 Legrand Company Details
11.4.2 Legrand Business Overview
11.4.3 Legrand Digitalization of Power Distribution Introduction
11.4.4 Legrand Revenue in Digitalization of Power Distribution Business (2019-2024)
11.4.5 Legrand Recent Development
11.5 CHINT
11.5.1 CHINT Company Details
11.5.2 CHINT Business Overview
11.5.3 CHINT Digitalization of Power Distribution Introduction
11.5.4 CHINT Revenue in Digitalization of Power Distribution Business (2019-2024)
11.5.5 CHINT Recent Development
11.6 Shanghai Liangxin Electrical
11.6.1 Shanghai Liangxin Electrical Company Details
11.6.2 Shanghai Liangxin Electrical Business Overview
11.6.3 Shanghai Liangxin Electrical Digitalization of Power Distribution Introduction
11.6.4 Shanghai Liangxin Electrical Revenue in Digitalization of Power Distribution Business (2019-2024)
11.6.5 Shanghai Liangxin Electrical Recent Development
11.7 Changshu swItchgear mfg.
11.7.1 Changshu swItchgear mfg. Company Details
11.7.2 Changshu swItchgear mfg. Business Overview
11.7.3 Changshu swItchgear mfg. Digitalization of Power Distribution Introduction
11.7.4 Changshu swItchgear mfg. Revenue in Digitalization of Power Distribution Business (2019-2024)
11.7.5 Changshu swItchgear mfg. Recent Development
11.8 Suzhou Wanlong Electric
11.8.1 Suzhou Wanlong Electric Company Details
11.8.2 Suzhou Wanlong Electric Business Overview
11.8.3 Suzhou Wanlong Electric Digitalization of Power Distribution Introduction
11.8.4 Suzhou Wanlong Electric Revenue in Digitalization of Power Distribution Business (2019-2024)
11.8.5 Suzhou Wanlong Electric Recent Development
11.9 Xiamen Minghan Electric
11.9.1 Xiamen Minghan Electric Company Details
11.9.2 Xiamen Minghan Electric Business Overview
11.9.3 Xiamen Minghan Electric Digitalization of Power Distribution Introduction
11.9.4 Xiamen Minghan Electric Revenue in Digitalization of Power Distribution Business (2019-2024)
11.9.5 Xiamen Minghan Electric Recent Development
11.10 XJEC
11.10.1 XJEC Company Details
11.10.2 XJEC Business Overview
11.10.3 XJEC Digitalization of Power Distribution Introduction
11.10.4 XJEC Revenue in Digitalization of Power Distribution Business (2019-2024)
11.10.5 XJEC Recent Development
11.11 DFE
11.11.1 DFE Company Details
11.11.2 DFE Business Overview
11.11.3 DFE Digitalization of Power Distribution Introduction
11.11.4 DFE Revenue in Digitalization of Power Distribution Business (2019-2024)
11.11.5 DFE Recent Development
11.12 Willfar Information Technology Co. Ltd.
11.12.1 Willfar Information Technology Co. Ltd. Company Details
11.12.2 Willfar Information Technology Co. Ltd. Business Overview
11.12.3 Willfar Information Technology Co. Ltd. Digitalization of Power Distribution Introduction
11.12.4 Willfar Information Technology Co. Ltd. Revenue in Digitalization of Power Distribution Business (2019-2024)
11.12.5 Willfar Information Technology Co. Ltd. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

HITACHI ABB POWER GRIDS
Schneider
Siemens
Legrand
CHINT
Shanghai Liangxin Electrical
Changshu swItchgear mfg.
Suzhou Wanlong Electric
Xiamen Minghan Electric
XJEC
DFE
Willfar Information Technology Co. Ltd.

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