Product Code: ETC4526665 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India feeder automation market import shipment experienced a notable decline with a CAGR of -15.6% from 2020 to 2024. The growth rate between 2023 and 2024 further plummeted by -74.3%, indicating a significant contraction in market activity. The market exhibited a clear trend of deceleration and contraction during the period.
The feeder automation market in India is a vital part of the country`s efforts to modernize and digitize its power distribution infrastructure. Feeder automation systems are used to monitor and control power distribution networks, enhancing their efficiency and reliability. India expanding urban areas and the need for a more robust power distribution system have driven the growth of this market. The integration of smart grid technologies, remote monitoring, and automation solutions are becoming increasingly prevalent in the India power distribution landscape. Manufacturers are focusing on providing cost-effective and scalable solutions to address the specific challenges of feeder automation in India.
The India feeder automation market is on the rise, primarily due to the need for enhancing grid reliability and optimizing distribution networks. Feeder automation systems play a vital role in reducing outage durations, improving fault detection and isolation, and enhancing overall grid performance. As India power demand surges, ensuring a stable power supply is paramount, and feeder automation solutions are essential in achieving this goal. The government`s push for smart grid technologies, distribution automation, and grid modernization has further fueled the demand for these systems. In a country where power disruptions can have significant economic and social implications, feeder automation is indispensable in ensuring grid stability and minimizing outage durations.
Challenges in the feeder automation market include optimizing distribution networks for efficiency and reliability, integrating renewable energy sources, and enhancing real-time monitoring and control.
The India feeder automation market faced unique challenges during the COVID-19 pandemic. With lockdowns and restrictions, utilities and industries experienced disruptions in operations and maintenance activities, affecting the demand for feeder automation solutions. Supply chain disruptions and labor shortages further impacted the production and distribution of these systems. The economic uncertainty led to delays in projects and investments in the utility sector. However, the pandemic underscored the importance of automating distribution networks for improved efficiency, reliability, and remote monitoring, which are crucial for ensuring continuous power supply during crises. As India recovers and modernizes its power distribution infrastructure, the feeder automation market is expected to rebound, driven by the demand for smart grid solutions and grid resilience.
Notable companies leading the feeder automation market in India are Siemens, Schneider Electric, ABB, Eaton, and S&C Electric Company.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Feeder Automation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Feeder Automation Market Revenues & Volume, 2021 & 2031F |
3.3 India Feeder Automation Market - Industry Life Cycle |
3.4 India Feeder Automation Market - Porter's Five Forces |
3.5 India Feeder Automation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Feeder Automation Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 India Feeder Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power distribution systems |
4.2.2 Government initiatives to modernize the power infrastructure in India |
4.2.3 Growing focus on renewable energy integration in the power grid |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with feeder automation systems |
4.3.2 Lack of skilled workforce for installation and maintenance of automation systems |
4.3.3 Regulatory challenges and complex approval processes in the power sector |
5 India Feeder Automation Market Trends |
6 India Feeder Automation Market, By Types |
6.1 India Feeder Automation Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Feeder Automation Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Feeder Automation Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.4 India Feeder Automation Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 India Feeder Automation Market Revenues & Volume, By Residential, 2021-2031F |
6.2 India Feeder Automation Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Feeder Automation Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 India Feeder Automation Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 India Feeder Automation Market Revenues & Volume, By Services, 2021-2031F |
7 India Feeder Automation Market Import-Export Trade Statistics |
7.1 India Feeder Automation Market Export to Major Countries |
7.2 India Feeder Automation Market Imports from Major Countries |
8 India Feeder Automation Market Key Performance Indicators |
8.1 Average downtime reduction percentage due to feeder automation implementation |
8.2 Percentage increase in operational efficiency of power distribution networks |
8.3 Growth in the number of smart grid projects integrating feeder automation technology |
8.4 Increase in the adoption rate of advanced metering infrastructure (AMI) solutions |
8.5 Number of feeder automation system installations in key regions of India |
9 India Feeder Automation Market - Opportunity Assessment |
9.1 India Feeder Automation Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Feeder Automation Market Opportunity Assessment, By Product, 2021 & 2031F |
10 India Feeder Automation Market - Competitive Landscape |
10.1 India Feeder Automation Market Revenue Share, By Companies, 2024 |
10.2 India Feeder Automation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |