|By Business Wire||
|May 13, 2014 07:22 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/jz2dk2/distribution) has announced the addition of the "Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019" report to their offering.
The global market for distribution automation is dominated by few players namely ABB Ltd., Siemens AG, Schneider Electric and GE Corporation.
Distribution automation (DA) is a solution that enables an electric utility to control, regulate and monitor its distribution network and assets. It ensures the effective and reliable flow of services from utility to consumers by optimizing the flow of electricity. DA systems facilitate effective monitoring and control of assets, identification and isolation of faults, restoration of services. 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.
The factors such as reduced outage durations, increased reliability and efficiency of distribution system and cost and maintenance reduction with improved power quality are driving the global distribution automation market. However, lack of standardization in communication infrastructure and technology and modernization of existing switchgears are some of the factors inhibiting the growth of this market.
Among all device types, monitoring and control devices segment was the largest segment and accounted for 36.1% of the global market. These devices ensure efficient fault detection which has enhanced distribution grid reliability and reduced restoration time drastically from hours to few seconds or minutes; this is one of most important reason for growing demand for monitoring and control devices However, power quality and efficiency devices segment is expected to grow at a faster rate due to growing demand for these devices in North America and Europe region. The ability to monitor, alarm and control on power in different power quality events such as under/over voltage and frequency and under frequency increasing the growth for power quality and efficiency devices.
Distribution automation market by 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
Key Topics Covered:
Chapter 1 Global Distribution Automation Market
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Distribution Automation Market by product type, 2013 - 2019
Chapter 5 Global Distribution Automation Market by End Users, 2013 - 2019
Chapter 6 Global Distribution Automation Market by Geography, 2013 - 2019
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
- ABB LTD
- Alstom Group
- American Electric Power (AEP)
- Beckwith Electrics
- Cooper Power Systems
- Dominion Virginia Power
- Duke Energy Corporation
- Edison Electric Institute (EEI)
- Electricite de France (EDF)
- General Electric Corporation
- Nissin Electric Company Ltd.
- Pacific Gas and Electric Company
- S&C Electric Company
- Schneider Electric SA
- Schweitzer Engineering Laboratories, Inc. (SEL)
- Siemens AG
- Tennessee Valley Authority (TVA)
For more information visit http://www.researchandmarkets.com/research/jz2dk2/distribution