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Technological Advancement to Drive Global Distribution Automation Market to US$17,677 Mn by 2019

06-27-2017 04:15 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Technological Advancement to Drive Global Distribution

Distribution automation (DA) is a solution that enables an electric utility to control, regulate and monitor its distribution network and assets. It ensures the effective and reliable flow of services from utility to consumers by optimizing the flow of electricity. DA systems facilitate effective monitoring and control of assets, identification and isolation of faults, restoration of services. It increases distribution system’s efficiency by energy and system loss saving, increases distribution system’s reliability by decreasing frequency and duration of power outages and also increases flexibility by enabling higher penetration of distributed energy resources.

The factors such as reduced outage durations, increased reliability and efficiency of distribution system and cost and maintenance reduction with improved power quality are driving the global distribution automation market. However, lack of standardization in communication infrastructure and technology and modernization of existing switchgears are some of the factors inhibiting the growth of this market.

Among all device types, monitoring and control devices segment was the largest segment and accounted for 36.1% of the global market. These devices ensure efficient fault detection which has enhanced distribution grid reliability and reduced restoration time drastically from hours to few seconds or minutes; this is one of most important reason for growing demand for monitoring and control devices However, power quality and efficiency devices segment is expected to grow at a faster rate due to growing demand for these devices in North America and Europe region. The ability to monitor, alarm and control on power in different power quality events such as under/over voltage and frequency and under frequency increasing the growth for power quality and efficiency devices.

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Distribution Automation (DA) includes different technologies and protocols such as processors, sensors, switches and communication that monitor and control electric distribution system without human involvement. It increases distribution system’s efficiency by energy and system loss saving, increases distribution system’s reliability by decreasing frequency and duration of power outages and also increases flexibility by enabling higher penetration of distributed energy resources. Distribution automation increases utilization and efficiency of distribution system and also enables cost-effective penetration of DER (Distributed energy resources) as an option to build central generating stations. Automation of distribution system ensures reduction in operational and maintenance cost, which is expected to drive the growth of distribution automation system market over the forecast period. In addition, it reduces outage time by detecting, isolating and restoring the fault in advance, which is expected to increase the demand for distribution automation devices.

This report analyzes the distribution automation market on a global basis, with further breakdown into various sub-segments. It provides thorough analysis and forecast of the global distribution automation market, based on its product types, end-users and geography for the period from 2013 to 2019. The market overview section of the report demonstrates the market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Impact factors such as Porter’s five forces and value chain analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario in the global distribution automation market.

This 108-page report gives readers a comprehensive overview of the Distribution Automation Market. Browse to unlock the hidden opportunities in this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1818

In terms of geographical distribution, the global distribution automation market has been classified into four regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). This section includes market revenue (2011 – 2019) and forecast (2013 – 2019) for the product type and end-user markets in each regional market, in terms of USD million.

Apart from the detailed sub-segment analysis as illustrated through the below given table, this report also provides company profiles of the key market players. The competitive profiling of these players includes company and financial overview, business strategies adopted by them, and their recent developments which can help in assessing competition in the market. Some of the major companies included in this report are American Electric Power (AEP), Cooper Power Systems, Dominion Virginia Power, Electricite de France (EDF), Pacific Gas and Electric Company, S&C electric Company, ABB Ltd., Siemens AG, General Electric Corporation, Schneider Electric SA, Alstom Group, Beckwith Electric, Edison Electric Institute (EEI), Duke Energy Corporation, Schweitzer Engineering Laboratories Inc., PECO, Tennessee Valley Authority and Nissin Electric Company Ltd. among others.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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