Distribution Automation Market is Expected to Generate Huge Profits by 2025-2030
The global distribution automation market is estimated to be valued at USD 20.56 billion in 2025 and is projected to reach USD 40.40 billion by 2030, growing at a CAGR of 14.5%. The growth in renewable energy production is one of the major reasons why utility companies are seeking improved automation solutions to address the challenges of multiple energy sources, such as solar and wind. The necessity...