+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

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

Posted on Oct 15, 2015

A market study, based on the global distribution automation market, has been published by Transparency Market Research (TMR), estimating the market to report a CAGR of 8.50% during the period from 2013 to 2019. Analysts at TMR anticipate the worldwide market for distribution automation to reach US$17,677.2 mn by the end of the forecast period.The research study, titled “Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”, also estimates the historical value of the global distribution automation market in 2012 to be US$9,986.3 mn.

Browse the full Distribution Automation Market (By Product Type - Monitoring and Control Devices, Power Quality and Efficiency Devices, and Switching and Power Reliability Devices; By End-user - Industrial, Commercial and Residential Sector) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at https://www.transparencymarketresearch.com/distribution-automation-market.html

The technical advancement in distribution automation solutions, improving their reliability and efficacy, is significantly fuelling the global distribution automation market. However, the report states that the growth of the global market may get hampered by the lack of adequate standards in communication technology and infrastructure in the coming years.

The market for monitoring and control devices held 36.1% of the global distribution automation products market in 2012. However, the fastest growth is projected to be reported by the power quality and efficiency devices market over the forecast period, cites the report.The industrial sector emerged as the largest end user of distribution automation solutions in 2012 with a share of 51.3%, notes the study. This market segment is predicted to maintain its leadership throughout the forecast period.

According this market study, the distribution automation market in Europe contributed for the highest revenue in 2012, accounting for a 32.2% of the global market. The rising number of smart grid projects and increasing investment in various components of distribution automation have stimulated this regional market. Additionally, the low cost associated with operation and maintenance of distribution automation is likely to drive this regional market during the forecast period, maintaining its dominance.

The research report further discusses the condition of the distribution market in North America and Asia Pacific. The increased focus on advanced metering infrastructure (AMI) integrated with distribution automation solutions in North America is likely to boost this market during the forecast period.

The distribution automation market in Asia Pacific is also expected to exhibit remarkable growth between 2013 and 2019, states the report.The global distribution automation market is highly concentrated with the presence of a few number of market players. ABB Ltd. and Siemens AG dominate this worldwide market with a share of 24% and 22%, respectively.

Other prominent players in this market are American Electric Power, Dominion Virginia Power, Cooper Power Systems, Electricite de France, S&C Electric Co., Pacific Gas and Electric Co., General Electric Corp., Schneider Electric SA, Beckwith Electrics, Alstom Group, Edison Electric Institute, Schweitzer Engineering Laboratories Inc., Duke Energy Corp., PECO, Nissin Electric Co. Ltd., and Tennessee Valley Authority, reports the market study.

The global distribution automation market is segmented into:

By Products

  • Monitoring and control devices
  • Power quality and efficiency devices
  • Switching and power reliability devices

By End Users

  • Industrial segment
  • Commercial segment
  • Residential segment

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse : Our new press releases https://www.transparencymarketresearch.com/pressrelease/global-distribution-automation-market.htm

About Us

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. TMR’s experienced team of analysts, researchers, and consultants, use 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, chemicals, 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, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Back To Top