UAE Distribution Automation Market to be dominated by Public Utility till 2027
Ongoing smart city projects
and increasing demand for technology to optimize the energy efficiency is
expected to drive the UAE distribution automation market in the forecast
period, 2023-2027.
According to TechSci Research
report, “UAE Distribution Automation Market By Region, Competition Forecast & Opportunities, 2027”, the UAE distribution automation market
is expected to witness impressive growth in 2023-2027. The high electricity
demand from the hospitals, corporate offices, hospitals, and other commercial
and industrial spaces is primarily driving the UAE distribution automation
market demand.
The distribution automation
system comprises a number of software and hardware devices. Hardware devices
include several switches, communication network devices, sensors, processors,
and other components which aid in the maintenance, protection, control and
monitoring of the electrical device. The main function of the distribution
automation system is to provide real-time updates about the present working of
various components of the grid, which also includes the switch, fault detectors,
voltage regulators, and capacitor controllers. The superior performance
benefits offered by the distribution automation systems, such as lower cost,
improved accuracy, and speed, are expected to fuel the growth of the UAE
distribution automation market in the coming years.
However, technological
limitations and high installation costs may restrain the UAE distribution
automation market growth for the next five years.
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Distribution Automation Market"
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The UAE distribution
automation market is component, technology, utility, regional distribution, and
competitive landscape.
Based on the
component, the market is divided into field device, software & services,
and communication technology. Field device dominates the market and is expected
to maintain their dominance throughout the forecast period. The grid operators
prefer to use the field devices in asset health management, outage management,
reactive and voltage power management and integration of the distributed energy
sources. They are considered a vital part of the distribution automation system
and help to access and manage the losses from power outages and voltage
fluctuations.
Based on the
technology, the market is bifurcated into wired & wireless. The wireless
segment is projected to witness the fastest incremental growth over the next
five years. The market players prefer wireless technology as it has lower
maintenance costs, and the data is easily accessible from remote locations.
Radio mesh which is a type of wireless technology, has high demand as it
showcases properties like minimal latency, higher security, and bandwidth than
the other wireless types.
Based on utility,
the market is divided into public utility & private utility. The public
utility segment is expected to hold the largest market share in the forecast
period. An increase in the number of public-owned electric utilities across the
country is driving the segment demand. Also, the public utilities are
undertaking initiatives to adopt new technologies to suit the requirements of
changing customer preferences.
The major
market players operating in the UAE distribution automation market are:
·
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
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“There have been significant
investments in developing the smart grid infrastructure to meet the growing
demand in the United Arab Emirates. Dubai Electricity and Water Authority
(DEWA) has plans to develop advanced infrastructure and make Dubai a smart city
by using smart grids and smart meters. The rise in awareness about the benefits
of sustainable energy sources and development is creating the demand for
renewable energy sources, which in turn is expected to influence the market
demand. Also, the intense competition among the energy supply providers and the
need to maintain a constant energy supply to meet the growing energy
requirements are expected to propel the UAE distribution automation market
growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“UAE Distribution
Automation Market By Component (Field Device, Software & Services and
Communication Technology), By Technology (Wired & Wireless), By Utility
(Public Utility & Private Utility), By Region, Competition Forecast &
Opportunities, 2027”, has evaluated the future
growth potential of UAE distribution automation market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in UAE distribution automation market.
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