Press release
The Electric Power Distribution Automation Market to define growth on an exponential note between 2016 and 2024
Distribution Automation System refers to a set of intelligent processors, communication technologies and sensors the enables to coordinate and monitor the distribution assets of electric power. Electric power distribution automation system is important part of smart grid systems. Distribution automation system provides benefits of efficient and reliable operations within the grid.
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FACTS AT A GLANCE
Companies: ABB Ltd., Schneider Electric, Siemens AG, GE Corp., S&C Electric Co., Atlantic City Electric Co., including many others.
Coverage: All major geographies and key segments
Segments: Electric Power Distribution Automation Market is Segmented by technology such as communication, sensors, monitoring devices, advanced power electronic technologies.
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
The Electric power distribution automation market across the globe is expected to show a substantial growth with a double digit increase in CAGR by the year 2019. Some of the key factors driving the market are need for automation and intelligent systems in electric power distribution. Some of the factors inhibiting the market growth are less technologies availability in electric power system and implementation of the system. The market is having opportunities in residential market and in geographies such as Asia Pacific including India, Australia and many more
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