Key Highlights of the Global Distribution Automation (DA) Industry and Market Dynamics

By end-use, the industrial segment accounted for 51.3% of the DA market revenue. This segment is expected to continue its domination throughout the forecast period. However, the residential end-use segment is predicted to grow with the highest CAGR – 12%. This can be attributed to the need for enhanced reliability by decreasing duration and number of outage occurrences as well as quality of service. The global distribution automation market is ruled by a small number of major players. In 2012, it was noted that Siemens AG and ABB Ltd. led the market with a 22% and 24% share, respectively. Other prominent corporations in the DA market include Alstom Grid, Schneider Electric, and GE.

 

Global DA Market Dynamics :

 

Two of the major opportunities in the DA market include untapped rural markets and technological innovation. Growing awareness among households for distribution automation and towards voltage conservation application to save energy and reduce power bills is driving the DA market in the rural regions, where many untapped opportunities exist. In addition, accelerating demand for green technology development and heavy investment in renewable energy technologies from China will lead to tremendous need for DA system implementation in the future. The Regulatory Innovation Task Group (RITG) is in the process of implementing a strategy which promotes an efficient and durable incentive-based regulatory model. This strategy also promotes development of a more effective policy and regulatory framework to support greater investment in DA infrastructure.

 

DA systems allow effective monitoring and controlling of assets, restoration of services, and identification and isolation of faults. This enhances the distribution system’s efficiency through energy and system loss saving, and increasing the DA system’s reliability by reducing the frequency and duration of power outages. It also increases the flexibility of the DA system by enabling higher penetration of distributed energy resources. Factors such as reduced number of outages and their duration, improved reliability and efficiency of the distribution system, and cost and maintenance reduction with enhanced power quality are fueling the global DA market.

 

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 http://www.transparencymarketresearch.com/distribution-automation-market.html

 

However, elements such as the absence of standardization in communication infrastructure and technology along with modernization of existing switchgears inhibit the growth of the global DA market.

 

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