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

 
 
 

29 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

Pakistan for normalised ties with India 'despite provocations'
Islamabad, Oct 28 (IANS) Pakistan Tuesday told a senior US official that it wants normalisation of relations with India despite the "recent provocation of hostilities" along the border and also sought the international community's intervention in the "core issue" of Jammu and Kashmir.
 
 
US nurse with Ebola to be released from hospital
Washington, Oct 28 (IANS) A second US nurse diagnosed with Ebola while caring for a patient from Liberia is now free of the disease and will leave Emory University Hospital in Atlanta soon, hospital authorities said Tuesday.
 
 
WHO welcomes approval of Ebola vaccine trial in Switzerland
Geneva, Oct 28 (IANS) The World Health Organisation (WHO) Tuesday welcomed the approval of a Swiss regulatory authority for a trial with an experimental Ebola vaccine at the Lausanne University Hospital.
 
 
Salt-degraded farm soil now equals the size of France
Toronto, Oct 28 (IANS) Every day for more than 20 years, an average of 2,000 hectares of irrigated land in arid and semi-arid areas across 75 countries, including in India, has been degraded by salt, a research has found.
 
 
 

Latest from the Network

Benedict Cumberbatch: Sherlock can't have sex
Benedict Cumberbatch says Sherlock Holmes doesn't have sex - because he's more interested in crime. The 38-year-old British actor was catapulted to global fame playing a modern version of the fictional detective in the...
Read more on Celebrity Balla
 
Melissa McCarthy was robbed at gunpoint
Melissa McCarthy was robbed at gunpoint when she moved to California. The 'Bridesmaids' actress was working at a dry cleaners on a quiet street in Santa Monica when she first moved to Hollywood to pursue a movie career...
Read more on Celebrity Balla
 
Russell Brand: I wish I was bisexual
Russell Brand wishes he was bisexual. The 39-year-old comedian - who was married to Katy Perry for 14 months until December 2011 - has confirmed he is single at the moment but is keen to experiment more with his...
Read more on Celebrity Balla
 
Woman saves Indian from Bangladeshis' captivity in Baharin
Manama, Oct 28 (IANS) An Indian, allegedly tortured and held hostage in Bahrain by five Bangladeshis for a paltry BHD800 ransom (about $2,000), was rescued with the help of his co-worker, an Indonesian woman, in an...
Read more on Politics Balla
 
Billiards: Bhaskar shocks Gilchrist, joins Advani in semis
Leeds, Oct 28 (IANS) For long the bridesmaid in Indian billiards, Balachandra Bhaskar, the 43-year-old from Bangalore, authored a big upset when he knocked out defending champion Peter Gilchrist 797-586 to enter the...
Read more on Sport Balla
 
WHO welcomes approval of Ebola vaccine trial in Switzerland
Geneva, Oct 28 (IANS) The World Health Organisation (WHO) Tuesday welcomed the approval of a Swiss regulatory authority for a trial with an experimental Ebola vaccine at the Lausanne University Hospital. According to...
Read more on Business Balla
 
Indian in US gets 15 years in jail for backing Hezbollah
New York, Oct 28 (IANS) An Indian citizen residing illegally in the US has been sentenced to 15 years in prison for allegedly trying to provide material support to Hezbollah, a designated foreign terrorist...
Read more on Politics Balla
 
Another body recovered from sunken South Korean ferry
Seoul, Oct 28 (IANS/EFE) South Korean rescue teams Tuesday recovered one of the 10 bodies still missing from the Sewol ferry which sunk off the country's southwest coast April 16 this year leaving 304 people dead, most...
Read more on Politics Balla
 
Iraqi Kurdish force moves to help fight IS militants in Kobane
Baghdad, Oct 28 (IANS) A group of Iraqi Kurdish fighters, known as Peshmerga, headed Tuesday to the Syrian border town of Kobane via Turkey to help local Kurdish people who have been struggling to fend off attacks by...
Read more on Politics Balla
 
Al Qaeda affiliate seizes seven villages in Syria
Beirut, Oct 28 (IANS/EFE) The Nusra Front, Al Qaeda's affiliate in Syria, has seized seven villages in the northern Syrian province of Idlib over the past few hours, the Syrian Observatory for Human Rights reported...
Read more on Politics Balla