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Showing posts with the label Distribution Automation Market

Distribution Automation Market: Key Development Opportunities Hidden In Emerging Economies 2019 - 2027

  Global  Distribution Automation Market : Overview Reaching a significant market worth by 2027, the global distribution automation market is set to chart a notable CAGR (Compound Annual Growth Rate) owing to an increase in generation of renewable energy, and a rising demand for energy efficiency. It is worth pointing out here that developing countries such as India are witnessing an increase in distributed energy generation and that is leading a plethora of untapped opportunities emerging in the market landscape. Global Distribution Automation Market: Competitive Landscape The landscape of global Distribution Automation market is witnessing a slew of notable developments, which are shaping the future and overall appearance of the competitive landscape. A glance into the global Distribution Automation market is given below. The global Distribution Automation market is fragmented owing to a decent number of players in the market landscape. And, prominent players in the global D...

Distribution Automation Market to Rise to US$17,677.2 mn by 2019; Rising Adoption in Emerging Economies to Drive Growth

The vendor landscape of the global distribution automation market features a largely consolidated nature, with a handful of large vendors, such as Siemens AG and ABB Ltd. collectively accounting for a lion’s share in the overall market, observes Transparency Market Research in its report. Need for efficient research and development capabilities, requirement of vast funds for ploughing-in in the development of innovative products, and the need for expert technical experience to move ahead in tandem with the pace of technological advancements being seen in the field of automation have kept small players at a bay over the years. The trend remains strong till date. Some of the leading companies in the market are General Electric Corp., Tennessee Valley Authority, Schneider Electric SA, Cooper Power Systems, American Electric Power, S&C Electric Co., Electricite de France, Nissin Electric Co. Ltd., Pacific Gas and Electric Co., and Dominion Virginia Power. According to the re...

Distribution Automation Market to Rise to US$17,677.2 mn by 2019; Rising Adoption in Emerging Economies to Drive Growth

The vendor landscape of the global distribution automation market features a largely consolidated nature, with a handful of large vendors, such as Siemens AG and ABB Ltd. collectively accounting for a lion’s share in the overall market, observes Transparency Market Research in its report. Need for efficient research and development capabilities, requirement of vast funds for ploughing-in in the development of innovative products, and the need for expert technical experience to move ahead in tandem with the pace of technological advancements being seen in the field of automation have kept small players at a bay over the years. The trend remains strong till date. Some of the leading companies in the market are General Electric Corp., Tennessee Valley Authority, Schneider Electric SA, Cooper Power Systems, American Electric Power, S&C Electric Co., Electricite de France, Nissin Electric Co. Ltd., Pacific Gas and Electric Co., and Dominion Virginia Power. According to the rep...

Distribution Automation Market : Technological Advancement to Drive Global Distribution Automation Market

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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, wh...