Europe Distribution Feeder Automation System Market Analysis By Product, Size, Share, Trend, Opportunities and Forecast 2025
Europe distribution feeder automation system market is expected to grow at a steady rate during the forecast period. The key factors that are propelling the growth of regional market include surging consumption of power coupled with decline in cost of electricity. Moreover, rapidly growing investment in automation activities is further anticipated to aid the market growth over the coming years. In addition to this, rising need for enhanced quality and proficiency in power distribution is another major factor which is positively influencing the growth of distribution feeder automation system market in the region during the next five years. The Europe distribution feeder automation system market is segmented based on product, application, region and company. Based on application, the market can be segmented into commercial, industrial and residential. Among them, the industrial sector held the largest market share until 2019 and is forecast to maintain its lead during the next five...