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Distribution Automation Market: Future Demand and Growth Analysis with forecast 2019

Press Release   •   Jun 07, 2017 16:34 EDT

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. 

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In terms of end use segment, in 2012, industrial end user 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 of improved reliability by reducing duration and number of outages as well as the quality of service. Increasing awareness among household for distribution automation and voltage conservation application, to save electricity and have lesser bill is driving the market for distribution automation in rural region.

In 2012, Europe was the largest revenue generator 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 for distribution automation in Europe. In addition, utilities in North America are focusing on AMI (Advanced Metering Infrastructure) deployment and concentrating more on distribution automation, which is expected to drive the market in this region. China and India are gearing up their capabilities by investing in latest equipment design to advance their distribution infrastructure. Moreover, increased demand for green technology development and Chinese government’s heavy investment in renewable energy technologies will lead to tremendous need for distribution automation system implementation.

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In terms of geographical distribution, the global distribution automation market has been classified into four regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). This section includes market revenue (2011 – 2019) and forecast (2013 – 2019) for the product type and end-user markets in each regional market, in terms of USD million.

Apart from the detailed sub-segment analysis as illustrated through the below given table, this report also provides company profiles of the key market players. The competitive profiling of these players includes company and financial overview, business strategies adopted by them, and their recent developments which can help in assessing competition in the market. Some of the major companies included in this report are American Electric Power (AEP), Cooper Power Systems, Dominion Virginia Power, Electricite de France (EDF), Pacific Gas and Electric Company, S&C electric Company, ABB Ltd., Siemens AG, General Electric Corporation, Schneider Electric SA, Alstom Group, Beckwith Electric, Edison Electric Institute (EEI), Duke Energy Corporation, Schweitzer Engineering Laboratories Inc., PECO, Tennessee Valley Authority and Nissin Electric Company Ltd. among others.

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