Sri Lanka Distribution Automation Market Outlook (2021-2025) | Share, Trends, Revenue, Size, Companies, Forecast, Growth, Analysis, COVID-19 IMPACT, Value & Industry

Sri Lanka Distribution Automation Market report thoroughly covers the market by-products, by systems, and by services. Sri Lanka Distribution automation market report provides an unbiased and detailed analysis of the ongoing Sri Lanka Distribution automation market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.

Sri Lanka Distribution Automation Market Synopsis

Sri Lanka distribution automation market has substantial growth prospects primarily due to the continual requirement to upgrade the prevailing distribution network along with increasing demand for electricity as a result of rapid urbanization and commercialization in Sri Lanka. Additionally, the outbreak of the Covid-19 pandemic has negatively affected the growth of the market due to lockdown and stoppage of production in 2020 across the country. Moreover, the enormous cost linked in establishing the distribution automation systems also acts as a hurdle for the growth of the distribution automation market in Sri Lanka.

According to 6Wresearch, the Sri Lanka Distribution Automation Products Market size is expected to grow at a CAGR of 3.1% during 2021-2025. The growth is primarily driven by increasing investment in the upgradation of old grid infrastructure in Sri Lanka as well as rising requirement to improve grid reliability. Further, Companies are launching innovative products such as ABB has launched two distribution automation products in Sri Lanka named REX640 and SSC600 in 2019. These initiatives will further strengthen the growth of Sri Lanka distribution automation market.

Market Analysis By Competitive Landscape

ABB Hitachi Power Grids is the market leader in the overall Sri Lanka distribution automation market in terms of revenue share in 2020. The distribution automation companies in Sri Lanka are concentrating on providing technically advanced solutions and services. Some of the other major companies in the Sri Lanka distribution automation market are GE T&D, Siemens and Schneider Electric.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• Historical Data Starting from 2019 to 2020.
• Base Year: 2020.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Sri Lanka Distribution Automation Market Outlook
• Market Size of Sri Lanka Distribution Automation Market, 2020
• Forecast of Sri Lanka Distribution Automation Market, 2025
• Historical Data and Forecast of Sri Lanka Distribution Automation Revenues & Volume for the Period 2019 - 2025
• Sri Lanka Distribution Automation Market Trend Evolution
• Sri Lanka Distribution Automation Market Drivers and Challenges
• Sri Lanka Distribution Automation Price Trends
• Sri Lanka Distribution Automation Porter's Five Forces
• Sri Lanka Distribution Automation Industry Life Cycle
• Historical Data and Forecast of Sri Lanka Distribution Automation Market Revenues & Volume By Products for the Period 2019 – 2025
• Historical Data and Forecast of Sri Lanka Distribution Automation Market Revenues & Volume By Systems for the Period 2019 – 2025
• Historical Data and Forecast of Sri Lanka Distribution Automation Market Revenues & Volume By Services for the Period 2019 – 2025
• Sri Lanka Distribution Automation Market Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Capacity
• Sri Lanka Distribution Automation Market Top Companies Market Share
• Sri Lanka Distribution Automation Market Competitive Benchmarking, By Technical and Operational Parameters, 2020
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

Sri Lanka Distribution Automation market report covers a detailed analysis of the following market segments:

By-Products

• FRTU
• Controllers

By Systems

• Integration
• Engineering
• Commissioning

By Services

• Refurbishment
• Upgrades
• Retrofits

Frequently Asked Questions About the Market Study (FAQs):