Distribution Automation Market (Monitoring and control devices, Power quality and efficiency devices, Switching and power

Distribution Automation Market (Monitoring and control devices, Power quality
 and efficiency devices, Switching and power reliability devices) is expected
 to reach USD 17,677.2 Million Globally in 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, February 27, 2014

ALBANY, New York, February 27, 2014 /PRNewswire/ --

According to a 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
increased investment in distribution automation equipment by richest European
countries like UK, France, Italy and Germany. Further, according to
Greentechgrid'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
system and cost and maintenance reduction with improved power quality.
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 types, in 2012, monitoring and control device 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.

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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)

Browse all Energy Market Research Reports @
http://www.transparencymarketresearch.com/energy-market-reports-3.html

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