Global Distribution Automation Market: Snapshot

The global distribution automation market is likely to grow at an exponential rate during the forecast period 2013 – 2019, due to the rise in need for automation from utilities sector. Increasing demand from commercial sector which includes hospitals, hotels, offices, and data centers is predicted to augment the global distribution automation by increasing the sales of the product. Adoption of distributed automation solution is mainly because to avoid power outrage in these places. Distribution automation system is a set of communication technologies, sensors, and intelligent processors that allows to monitor and coordinate the distribution assets of electricity. Distribution automation system is an integral part of smart grid systems as it is known to provide benefits of efficient and reliable operations within the grid.

According to a recent report, published by Transparency market Research, the global distribution automation market anticipated to expand at whooping CAGR of 8.3% during the forecast period. The value of the market is predicted to be worth at US$17677.2 mn by the end of the assessed period.

Industrial Sector to Play Significant Role in the Global Distribution Automation Market

The global distribution automation market is classified on the basis of end users, product and region. On the basis of product type the market is segregated into monitoring and control devices, power quality and efficiency devices, and switching and power reliability. Amongst the pack monitoring and control devices segment held 36.1% of the market. These devices are used to detect any faulty present in the smart grid coupled with reducing the time take for restoration from hours to few minutes. These functions have helped the monitoring and control devices to grow significantly. On the other hand it has been noticed that power quality and efficiency segment is likely to become the fastest growing segment particular in Europe and North America, owing to monitor, alarm and control on power in various power quality events.

On the basis of end use segment, the market is bifurcated into commercial segment, industrial segment, and residential segment. The industrial end user segmented held the major share in terms of revenue which accounted for 51.3% of the total revenue in the DV market. Islanding operation, load shedding, power quality improvement, energy efficiency, and self-healing functionality is anticipated to increase the sales of the market product. On the other hand, residential segment is likely to expand at a stupendous CAGR of 12.0% due to the required for improved reliability b declining the number and duration of outages. Another factor helping the segment to grow is that it helps in reducing the electricity bills by reducing the electricity bills.

Faster Adoption in Technology Helps Europe to Remain Ahead

On the basis of geography the market is segmented into North America, Europe, RoW, and Asia Pacific. Europe played a major role in generating revenues in the global market. Operating cost and saved maintenance is considered to be the major driver behind Europe’s performance. North America on the other hand is focusing on deploying AMI deployment. India and China are testing their capabilities by investing more on equipment design. Rise in demand for green technology accompanied with China government’s heavy investment in renewable energy technology is helping the region to grow. On the flip side absence of standardization in communication infrastructure and technology accompanied with modernization of existing switchgears are factors which are deterring the growth of the market.

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. 
 
The study emphasizes advancement in distribution automation devices as it has immense influence on the decision making process in almost all socioeconomic and business aspects. Furthermore, the report provides a detailed analysis of the global distribution automation market along with the market forecast in terms of revenue growth (USD million) for all segments from 2013 to 2019.
 
The global distribution automation market is categorized on the basis of product types and end-users. The product type segment includes monitoring and control devices, power quality and efficiency devices, and switching and power reliability devices. End-users segment can be classified into three major categories namely, industrial, commercial and residential sector. A detailed market analysis and forecast for these segments has been provided in this study, in terms of market revenue (USD million) for the period 2011 to 2019. The market revenue has been forecast for the period 2013 to 2019, considering 2012 as the base year.
 
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.
 
Market Segmentation of Global Distribution Automation Market
 
Distribution Automation Market by Product Type:
  • Monitoring and control devices
  • Power quality and efficiency devices
  • Switching and power reliability devices
Distribution Automation Market by End-user:
  • Industrial segment
  • Commercial segment
  • Residential segment
Distribution Automation Market by Geography:
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
.