Press release
Distribution Automation Market Drivers, Industry Capacity, Revenue and Growth Rate Forecast To 2021-2031 | ABB, GE, Siemens, Schneider Electric, Eaton, Xylem, Itron
Distribution Automation Market
Distribution automation is a system used by electric utilities to remotely control and monitor the distribution of electricity. It typically includes sensors, switches, and other devices that can be controlled remotely to improve the efficiency and reliability of the distribution system.
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Key Trends
There are a few key trends in Distribution Automation (DA) technology. First, utilities are recognizing the benefits of DA and are investing in it. This is driven by the need to improve grid efficiency and reliability, as well as the desire to reduce operational costs.
Second, DA is becoming more sophisticated, with advances in communications, sensors, and controls. This is allowing utilities to do more than just automate the distribution of power; they can now monitor and optimize the system in real-time.
Third, there is a trend towards integrating DA with other systems, such as renewable energy sources, demand response, and storage. This allows for a more holistic approach to managing the distribution grid.
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Key Drivers
The distribution automation market is primarily driven by the need to reduce operational costs and improve grid efficiency. With the growing adoption of renewable energy sources, distribution automation systems help in managing the variability of these sources and provide grid stability.
They also help in reducing the loss of electricity during transmission and distribution, and improve the quality of power supply. In addition, distribution automation systems help in reducing the duration and cost of power outages.
Market Segments
The Distribution Automation Market is segmented by component, communication technology, and region. By component, the market is divided into field devices, software, and services. Based on communication technology, it is bifurcated into wireless and wired. Wireless is further segmented into radio frequency mesh, cellular networks and WiMAX. Wired is further segmented into fiber optic, ethernet, powerline carrier and IP. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Distribution Automation Market includes players such as ABB, GE, Siemens, Schneider Electric, Eaton, Xylem, Itron, Hubbell, Mitsubishi, and Toshiba.
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