Press release
Distribution Feeder Automation Market : An Insight On the Important Factors and Trends Influencing the Market
Power distribution system is a very important portion of the electrical power system in delivery of electricity to the consumers. Automation in distribution field allows utilities to implement bendable control of the distribution system, which could be used for the purpose of enhancing the efficiency, quality, and reliability of electric service.Currently, worldwide r&d efforts are truly focused in the areas of communication technologies application and revolution in the distribution automation for the purpose of making distribution automation more efficient, intelligent and cost effective. The growth of distribution feeder automation market is highly reliant on the growth of overall commercial and industrial sector globally.
Various types of applications of distribution feeder automation includes application in commercial, residential and industrial sector. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America.
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Continuously growing demand for the power generation through sustainable and clean sources is driving the distribution feeder automation market .Emergence of the data analytics using the advanced distribution management system is one of the major driver for the growth of the distribution feeder automation market.
In spite of many driving factors, the distribution feeder automation market is expected to show a shrink and fluctuation in growth rate because of the lack of information at the 33kv substation on the loading and the health status of the associated feeders and transformers. Risk of frequent breakdown of the feeders and transformers and overloading due to absence of monitoring are the restraining factors for the global distribution feeder automation market.
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Geographically, the global distribution feeder automation market is mainly driven by North America region. Largest consumption of the feeder automation in the industrial and commercial sector is driving the market of North America region. Asia Pacific region is expected to attain highest growth in the market during the forecast period owing to the new potential industry in countries like China, India, Japan and others.
Some of the leading players operating in the distribution feeder automation market G&W Electric (The U.S.), Schweitzer Engineering Laboratories (The U.S.) Eaton Corporation (Ireland), Schneider Electric (France), ABB Ltd. (Switzerland), Crompton Greaves (India), Siemens (Germany) and Moxa (China) among others.
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.
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