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Exponential Rise in Global Energy Consumption Boost Distribution Automation Market - - 0 views

www.marketsandmarketsblog.com/ibution-automation-market.html

Distribution Automation Market

shared by Almira Coyne on 08 May 23 - No Cached

Almira Coyne on 08 May 23

Increasing focus on the replacing the aging power grid infrastructures is one of the primary driver accelerating the growth of the market. The growth of the distribution automation market can be attributed by the increasing deployment of smart grid technologies and rapidly growing investments in smart grid infrastructure to provide a reliable and efficient power supply. The global Distribution Automation Market is expected to reach USD 28.1 billion by 2027 from an estimated USD 15.8 billion in 2022, at a CAGR of 12.2% from 2022 to 2027.

<div class="cArrow"> </div><div class="cContentInner">Increasing focus on the replacing the aging power grid infrastructures is one of the primary driver accelerating the growth of the market. The growth of the distribution automation market can be attributed by the increasing deployment of smart grid technologies and rapidly growing investments in smart grid infrastructure to provide a reliable and efficient power supply. The global Distribution Automation Market is expected to reach USD 28.1 billion by 2027 from an estimated USD 15.8 billion in 2022, at a CAGR of 12.2% from 2022 to 2027. </div>

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