The UAE distribution automation market is anticipated to grow at a robust CAGR during the forecast period, 2023-2027. The market is primarily driven by the rise in investments by the public and private players to upgrade the ageing infrastructure and the need for advanced equipment for monitoring and predictive maintenance of the system. Also, the high-end investments by the market players for the advancements in communication technology are expected to create significant growth opportunities for the UAE distribution automation market in the forecast period.
Increased Energy Requirement Drives the Market Growth
The oil & gas industry is the major revenue-generating industry in the United Arab Emirates. In order to reduce the dependency on the oil & gas industry of the country's economy and generate new income sources, the government is promoting the development of other industry verticals. UAE is witnessing rapid industrialization and urbanization, increasing the country's energy requirements. People prefer to live in urban areas and spend significant portions of their income improving current living conditions. The government of the UAE is working on increasing energy production and developing a new grid infrastructure. The distributed automation system can help achieve higher energy demands. It can help instant fault detection, protect the supply network, and attain higher energy efficiency. The demand from the industrial, commercial, and residential sectors and the growing distributed energy generation are expected to boost the demand for the UAE distribution automation market over the next five years.
Need to Upgrade the Aging Power Infrastructure Boosts the Market Growth
UAE is witnessing massive commercial and infrastructure development activities, which creates the need to upgrade the existing infrastructure. The high demand for the modernized and intelligent power distribution infrastructure to meet the energy demands from the newly constructed smart cities is expected to offer significant growth opportunities for the UAE distribution automation market over the forecast period. The government supports the adoption of distributed automation system technology across several utility and energy sectors, which is expected to influence the market demand.
Technological Advancements Supports the High Market Demand
The key players and government bodies are investing significantly in the research and development activities to find new and innovative technologies which can improve the efficiency and reduce failures of the distribution automation systems. They are integrating novel technology like the internet of things to constantly provide real-time updates, which help the energy supply providers make informed decisions. Also, the new technologies can help in the predicative maintenance of the system. The fault can be detected at an early stage and can be taken care of, which ensures the continuous electricity supply. Therefore, the advancements in technology can improve the performance of the distribution automation systems, which in turn is expected to accelerate the market demand for the next five years.
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Market Segmentation
The UAE distribution automation market is segmented into component, technology, utility, regional distribution, and company. Based on the component, the market is divided into field device, software & services, and communication technology. Based on the technology, the market is bifurcated into wired & wireless. Based on utility, the market is divided into public utility & private utility. To analyze the market based on the region, the UAE distribution automation market is studied in major regions namely Dubai, Abu Dhabi, Sharjah, and rest of the UAE.
Market Players
Siemens AG, Eaton Corporation, Xylem, General Electric Company, Landis+Gyr, Cisco, Trilliant Holdings Inc., Power System Engineering, ABB Limited, S&C Electric, G&W Electric, Schneider Electric, are the major market players operating in the UAE distribution automation market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Component · Technology · Utility |
Regional scope | Dubai, Abu Dhabi, Sharjah, Rest of UAE |
Key companies profiled | Siemens AG, Eaton Corporation, Xylem, General Electric Company, Landis+Gyr, Cisco, Trilliant Holdings Inc., Power System Engineering, ABB Limited, S&C Electric, G&W Electric, Schneider Electric |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |