Global Distribution Automation Market Research Report: Ken Research
Posted by kenresearch on March 22nd, 2021
The Distribution automation denotes a solution that comprises a set of intelligent processors, communication technologies, and sensors that allow the monitoring, controlling, safeguarding, and maintaining of the distribution network. It is an integral portion of the smart grid systems and delivers benefits of proficiency and reliability of processes within the grid. Distribution automation is majorly categorized into two locations comprising the customer-end automation and distribution substation and feeder automation which supports in optimizing a utility’s procedures and directly improves the consistency of its distribution power system.
According to the report analysis, ‘The Distribution automation market By Component (field devices, softwares and services); By Technology Communication (wireless and wired); By utility (public and private) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030’ states that an augment in the share of a generation of renewable energy and the requirement for advancement in grid reliability as well as operating efficiency and augmenting the investments to upgrade old grid infrastructure are causes for the growth of the market.
Although, In March 2020, ASEA Brown Boveri established an upgraded version of the REX640 fortification relay which enhanced the communication security and suppleness in advanced power generation and distribution applications. Whereas, in September 2019, Tozzi Electrical Equipment was obtained by G&W Electric to enlarge its markets outside North America and also improve its power grid solutions portfolio. Although, in September 2019, Matlab and Schneider Electric arrived into an agreement in which Schneider Electric’s medium voltage equipment was combined with Meglab’s low voltage package to offer more bendable, customizable, and proficient power and automation solutions for consumers across several industries.
Although, by Component, it can be further categorized into field devices, software, and services. Field devices can be sub-categorized into Smart Relays, Automated Capacitors, Remote terminal units, Transformer Monitors, Remote Fault indicators, Automated Feeder Monitors, Smarts Relays, and Automated Feeder Switches. Here, field devices are likely to register the segment as they support grid operations in terms of consistency, voltage, and reactive power management.
Depend on the Technology Communication can be further classified into Wireless and Wired. Wireless can be further sub-categorized into Cellular Frequency Mesh, WiMAX, and Cellular Networks while wired segment can be sub-divided into IP, Ethernet, Fiber Optic, and Powerline Carrier. Wireless technology decreases the maintenance cost, as well as its relaxed accessibility of data, which will augment the growth of this segment.
Moreover, by Utility, it can be further categorized into Public and Private. The public segment is expected to register the utility segment owing to its ever-increasing number of publicly retained electric utilities.
Not only has this, the effective increase in the share of a generation of renewable energy and the demand for improvement in grid reliability as well as operating effectiveness and growing investments to upgrade old grid infrastructure are the foremost drivers for the growth of the distribution automation market. Internet of things and communication technologies are witnessing radical advancements which is a solid foundation to figure the future of the automation distribution market. Furthermore, massive improvement in technology leads to lower prices of maintenance and great efficiency which can be a growth driver for the market.
For More Information on the Research Report, refer to the below links: -
Ankur Gupta, Head Marketing & Communications
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