Press release
Global Distribution Automation Solutions Market Will Grow At A CAGR Of 5.51% During The Period 2018-2021
Distribution automation can be defined as the evolution of control technologies that help in optimizing and improving the electricity distribution and reliability of overall power distribution network.
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It is a smart grid technology that can be employed in the power distribution system of local power lines and neighborhood substations. The distribution automation allows individual devices to sense the operating conditions of the grid and make necessary adjustments to the overall power flow, which optimizes performance and reduces the outage time.
Technavios analysts forecast the global distribution automation solutions market to grow at a CAGR of 5.51% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global distribution automation solutions market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through the study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Distribution Automation Solutions Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Grid Solutions
S&C Electric Company
Schneider Electric
Siemens
Other prominent vendors
Atlantic City Electric
Eaton
G&W Electric
Kalkitech
Kyland
Market driver
Rising need for grid efficiency and reliability
For a full, detailed list, view our report
Market challenge
Lack of interoperability within devices
For a full, detailed list, view our report
Market trend
Rising opportunity from rural untapped market
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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