360° Coverage : Distribution Automation Continuous Market Growing at a CAGR of 8...

1 Updates

Distribution Automation Continuous Market Growing at a CAGR of 8.5% from 2013 to 2019: Transparency Market Research

Apr 8 2014, 8:44am CDT | by

Transparency Market Research Report Add "Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019" to its database.

Albany, NY, April 08, 2014 --(PR.com)-- New market report published by Transparency Market Research "Distribution Automation (Monitoring and control devices, Power quality and efficiency devices...

Filed under: news

YouTube Videos

 
 
 

19 weeks ago

Distribution Automation Continuous Market Growing at a CAGR of 8.5% from 2013 to 2019: Transparency Market Research

Apr 8 2014, 8:44am CDT | by

Transparency Market Research Report Add "Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019" to its database.

Albany, NY, April 08, 2014 --(PR.com)-- New market report published by Transparency Market Research "Distribution Automation (Monitoring and control devices, Power quality and efficiency devices, Switching and power reliability devices) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global distribution automation equipment market was worth USD 9,986.3 million in 2012 and is expected to reach USD 17,677.2 million by 2019, growing at a CAGR of 8.5% from 2013 to 2019. Europe was the largest market for distribution automation in 2012. The growth in this region would be driven by increased investment in distribution automation equipment by richest European countries like UK, France, Italy and Germany. Further, according to Greentech grid's survey Europe invested USD 6.84 billion in smart meters starting from 2001 to 2012.

Browse Global Distribution Automation Market Report with Full TOC at http://www.transparencymarketresearch.com/distribution-automation-market.html

The distribution automation market is driven by various factors such as reduced outage durations, increased reliability and efficiency of distribution systems and cost and maintenance reduction with improved power quality. However, lack of standardization in communication infrastructure and technology and modernization of existing switch gears are some of the factors inhibiting the growth of this market.

Among all types, in 2012, monitoring and control devices was the largest segment and accounted for 36.1% of the global market. However, power quality and efficiency devices segment is expected to grow at a faster rate during forecast period.

In terms of end use segment, in 2012, industrial segment accounted for 51.3% of the total revenue of distribution automation market and is expected to remain dominating throughout the forecast period. Islanding operation, power quality improvement, load shedding, self-healing functionality and energy efficiency boost the demand for advanced distribution automation industrial segment. However, residential segment is expected to grow at the highest rate with a CAGR of 12.0% owing to need for improved reliability by reducing duration and number of outages as well as the quality of service.

Geographically Europe was the largest distribution automation market and accounted for 32.2% in 2012 owing to rise in number of smart grid projects and increased investment in distribution automation components, such as smart meters. Saved maintenance and operating cost is one of the major reasons for increasing demand of distribution automation in Europe.

The global market for distribution automation is dominated by few players namely ABB Ltd., Siemens AG, Schneider Electric and GE Corporation. In 2012, ABB Ltd. and Siemens AG were the market leaders with 24%and 22% market share respectively. Other players in the market include GE, Schneider Electric, and Alstom Grid.

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

In addition the report provides cross sectional analysis of the market with respect to the following geographical segments:

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

Contact Information:
Transparency Market Research
Nitin Sirsat
+1-518-618-1030
Contact via Email
http://www.transparencymarketresearch.com
90 State Street,
Suite 700,
Albany, NY - 12207
United States

Read the full story here: http://www.pr.com/press-release/551380

Press Release Distributed by PR.com

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Sports meet in Kenya cancelled over Ebola fears
Nairobi, Aug 21 (IANS) The International Netball Federation (INF) cancelled an international meeting in Nairobi owing to deadly Ebola virus attack that has visited parts of Africa, Xinhua reported Wednesday.
 
 
UN chief condemns American journalist's killing
United Nations, Aug 21 (IANS) UN Secretary-General Ban Ki- moon Wednesday strongly condemned the killing of American journalist James Foley by extremist Islamist militants, calling it "an abominable crime".
 
 
Russia suspends four McDonald restaurants
Moscow, Aug 21 (IANS) Russia's consumer rights watchdog said Wednesday it has temporarily shut down four McDonald's restaurants here, including the first ever outlet in the country, citing sanitary violations.
 
 
Egypt mufti's adviser slams killing of US journalist
Cairo, Aug 20 (IANS) Ibrahim Negm, advisor to the mufti of Egypt, Wednesday denounced the beheading of US journalist James Foley by the Islamic State (IS) Sunni extremist group in Iraq, state-run MENA news agency reported.
 
 
 

Latest from the Network

US eager to engage Modi government: Congressional report
Washington, Aug 21 (IANS) The US, which had shunned Narendra Modi for nearly 10 years, is eager to engage India's new government led by him and re-energize what some see as a flagging relationship, according to a new...
Read more on Politics Balla
 
Barcelona agree deal for Sao Paulo defender
Rio de Janeiro, Aug 21 (IANS) Spanish football giant Barcelona have agreed to sign defender Douglas from Sao Paulo for six million euros, the Brazilian club said. But the 24-year-old will not join the Catalan outfit...
Read more on Sport Balla
 
Barcelona to appeal to CAS against FIFA ban
Madrid, Aug 21 (IANS) Spanish football giant Barcelona confirmed that they will appeal to the Court of Arbitration in Sport (CAS) after FIFA upheld its decision to ban the club from signing for the next two transfer...
Read more on Sport Balla
 
Rihanna and Drake are just friends
Rihanna and Drake are reportedly working on their friendship. The on-again, off-again couple, who were spotted partying together in New York City twice this week, ''seemed happy to see one another'' as they sat side-by-...
Read more on Celebrity Balla
 
Rita Ora doesn't understand love
Rita Ora admits she doesn't understand love. The British singer, who split from Scottish DJ Calvin Harris in June after a year of dating, says she is still ''fascinated'' with the feeling, despite finding it confusing....
Read more on Celebrity Balla
 
Learning from Meghalaya village to keep India clean (Environment Feature)
Mawlynnong (Meghalaya), Aug 21 (IANS) If Indians want to make their country a clean and healthy place, then they should learn from the Khasi tribesmen of Meghalaya's Mawlynnong village, says tourist Michael Dough. "I...
Read more on Politics Balla
 
Health conscious Crawford pulls children out of school
Los Angeles, Aug 21 (IANS) Model Cindy Crawford and her husband Rande Gerber recently pulled their two children out of school over health concerns. Crawford and other parents made the decision after testing found high...
Read more on Celebrity Balla
 
US admits failure to rescue journalist in Syria
Washington, Aug 21 (IANS) The US had recently attempted to rescue a number of American hostages, including slain journalist James Foley held in Syria by the Islamic State, but the mission failed, Pentagon Press...
Read more on Politics Balla
 
Zoe Saldana finally admits pregnancy
Los Angeles, Aug 21 (IANS) "Avatar" actress Zoe Saldana has for the first time acknowledged that she is pregnant via a video of her ALS Ice Bucket Challenge, an activity where people dump a bucket of ice water on one's...
Read more on Celebrity Balla
 
Robin Williams to be honored by Billy Crystal
Billy Crystal will honor the late Robin Williams at the upcoming Emmy Awards. The 66-year-old comedian will lead tributes to his longtime friend, who was found dead at his home in Tiburon, California on August 11 after...
Read more on Celebrity Balla