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DC Distribution Network Market 2021 Current Development Explored with Leading Players- ABB Ltd, Siemens AG, Vertiv Group Corp., Eaton Corporation PLC, and Secheron Sa.

09-01-2021 01:44 PM CET | Energy & Environment

Press release from: Report Consultant

DC Distribution Network Market

DC Distribution Network Market

The market for DC distribution network is expected to grow at a CAGR of +7% approximately during the forecast period of 2021 – 2028.

The appearance of direct current DC distribution network in several low-to-high voltage applications is one of the catalysts driving the transformation of the electricity distribution market. Factors such as growth in renewable energy sector, compatibility with battery storage devices, and advantages over AC distribution, like power sharing between systems with different frequencies are expected to drive the market over the forecast period. High initial cost and a lot complexity compared to generic distribution networks are the factors expected to hinder the growth of the market studied.

The DC distribution network is considered as an important factor with regards to the future aspects of smart grids. Also, solar power is estimated to supply one-third of world’s energy demand thereby, proliferating DC distribution in future, as solar energy generates direct current.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the DC Distribution Network market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

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Some of the key players operating in the DC Distribution Network market are ABB Ltd, Siemens AG, Vertiv Group Corp., Eaton Corporation PLC, and Secheron Sa.

Market Analysis

The economic benefit can be achieved through the better transmission capacity of low voltage DC-distribution compared to low voltage AC-distribution. With the same costs of losses smaller conductors compared to AC distribution can be used. In addition to that there is no need for public 400 V low voltage distribution. The DC network could also be a good solution for connecting small scale DG to the distribution network.

The DC distribution network segments market in India is expected to grow significantly in the coming years in the wake of ever-growing population and increasing energy demand. Government started implementing new policies and regulations to help reach the market demand.

Market Segmentation

The Dc Distribution Networks market is segmented into Product Types:

Low Voltage
Medium Voltage
High Voltage

The Dc Distribution Networks market is segmented into By End User/Application:

Commercial Building Subsystems
Telecom/Village Power Systems
Electric Vehicle Charging Systems
LED Lighting Anchors
Military Applications
Other

Key Market Trends

Asia-Pacific to Dominate the Market

With a growing need for power in this region, DC distribution systems have the capability of making power available to a larger extent. The major trends driving this market are increase in distribution efficiency, increasing demand for DC dependent infrastructure, the mismatch between renewable source and demand location.
Moreover, DC system can work on variable frequencies, and DC architecture is simpler than AC, requiring less space, equipment, installation, and maintenance.
The DC distribution network market in China is expected to grow significantly in the coming years, in the wake of ever-growing population and increasing energy demand. The government started implementing new policies and regulations to meet the market demand.
The China southern power grid, in association with universities, undertook research work on the benefits of DC distribution network, and is planning to implement it since 2016.
In countries, like Japan, transmission is at two different frequencies: Eastern Japan uses 50Hz, while Western Japan uses 60Hz. DC power distribution systems are compatible with unsynchronized AC transmission systems.

The report is mainly segmented into several key regions, with sales, revenue, market share, and growth rate in these regions, covering:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Table of Contents: -

1. Global DC Distribution Network Market Overview
2. Global DC Distribution Network Market Competitions by Manufacturers
3. Global DC Distribution Network Capacities, Production, Revenue (Value) by Region
4. Global DC Distribution Network Supply (Production), Consumption, Export, Import by Region
5. Global DC Distribution Network Productions, Revenue (Value), Price Trend by Type
6. Global DC Distribution Network Market Analyses by Application
7. Global DC Distribution Network Manufacturers Profiles/Analysis
8. DC Distribution Network Manufacturing Cost Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
10. Marketing Strategy Analyses, Distributors/Traders
11. Market Effect Factors Analysis
12. Global DC Distribution Network Market Forecast
13. Research Findings and Conclusion
14. Appendixes

The research includes historic data from 2015 to 2021 and forecasts until 2028 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Note- At Report Consultant, our main forte is to custom make research reports as per your requirements. Do share your niche requirements, if any.

Contact us:
Riaana Singh
(Report Consultant)
sales@reportconsultant.com | www.reportconsultant.com

About Us:

Report Consultant – A worldwide pacesetter in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly by taking calculative risks leading to lucrative business in the ever-changing market. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies.

Our research reports will give you the most realistic and incomparable experience of revolutionary market solutions. We have effectively steered business all over the world through our market research reports with our predictive nature and are exceptionally positioned to lead digital transformations. Thus, we craft greater value for clients by presenting progressive opportunities in the global futuristic market.

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