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Download Free sampleDigitalization 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.
Digitalization of Power Distribution Market contains market size and forecasts of Digitalization of Power Distribution in Global, including the following market information:
Global Digitalization of Power Distribution Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Digitalization of Power Distribution market was valued at 30820 million in 2021 and is projected to reach US$ 66760 million by 2028, at a CAGR of 11.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Equipment Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digitalization of Power Distribution include HITACHI ABB POWER GRIDS, Schneider, Siemens, Legrand, CHINT, Shanghai Liangxin Electrical, Changshu swItchgear mfg., Suzhou Wanlong Electric and Xiamen Minghan Electric. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Digitalization of Power Distribution companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digitalization of Power Distribution Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Digitalization of Power Distribution Market Segment Percentages, by Type, 2021 (%)
Global Digitalization of Power Distribution Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Digitalization of Power Distribution Market Segment Percentages, by Application, 2021 (%)
Global Digitalization of Power Distribution Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Digitalization of Power Distribution Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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