ARC Advisory Group’s recent research on grid automation reveals that the energy transition is significantly impacting this market. The monitoring and control of power distribution are evolving due to the shift towards more distributed generation, including growing solar, wind, and battery power, while retiring fossil generation and maintaining flat nuclear power. The grid automation market is strongest in regions that are building new electric grids or making major system upgrades or repairs due to weather events or wars that target and damage electric distribution systems. There is substantial growth in grid automation software, hardware, and services due to a changing mix of generation, new grid storage assets, and new market structures such as virtual power plants and support for demand response.
"Artificial Intelligence (AI) is playing a transformative role in grid automation. AI and Machine Learning (ML) are being increasingly utilized for applications like predictive maintenance, fault detection and diagnosis, and optimized power flow control. These technologies help improve operational efficiency, reduce downtime, and enhance grid resilience. Government policies and regulations in many regions are promoting grid modernization and the adoption of smart grid technologies, further driving the market for grid automation solutions,” according to Rick Rys, Senior Consultant, and key author of ARC's Grid Automation Market Research.
Grid Automation Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Microgrid Growth
- Emphasis on Cybersecurity:
- Digitalization and intelligence Improvements
- More Distributed Generation
- Grid Modernization
- Advancements in Artificial Intelligence and Machine Learning
Leading Suppliers to the Grid Automation Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: General Electric, Hitachi Energy, NARI Technology, Schneider Electric, Siemens.
About the Grid Automation Research
The Grid Automation research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The research segmentation includes Customer Type, World Region, Sales Channel, Service Revenues by Type, Project Type, Revenue Category, Project Size, Hardware Revenues by Type, Software Revenues by Application, Grid Location, Site Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. ARC's Market Data Service (MDS) is an annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MDS unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs. ARC continues to offer our traditional static Market Reports as a PDF.
ARC provides several types of market data services. The most common are Market Growth Outlook and Competitive Analysis Services. These services provide detailed market analysis of a single or multiple products or software applications. Please visit Market Data Services page for more details on these services.