Advanced Distribution Automation Market Scope
Advanced distribution automation refers to system and components used to measure, monitor and control electrical loads on distribution systems. It provides real-time adjustment to generation, changing loads, and failure conditions of the advanced distribution automation system. Market players are focusing on technological developments to improve service quality, reliability, and operational efficiency. For instance, ABB engaged in robotics, power, heavy electrical equipment and automation technology providers started offering their distribution automation products, smart substation control, and protection device SSC600 and all-in-one protection and control relay REX640. Further, increasing demand from emerging countries driving the demand for advanced distribution automation system.
According to AMA, the Global Advanced Distribution Automation market is expected to see growth rate of 7.94%Number of players are present in the market hence fragmented nature of the market. Market players are focusing on new product development. For instance, in 2018, Siemens extends its distributed automation controllers range by introducing Simatic ET 200SP Open Controller CPU 1515SP PC 2 for PC-based applications. Further, increasing government initiative for the modernization of the aging distribution infrastructure is expected to generate lucrative opportunities for the companies involved in the advanced distribution automation system. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Advanced Distribution Automation market throughout the predicted period.
Siemens (Germany), ABB (Switzerland), General Electric (United States), Schneider Electric (France), Eaton (Ireland), Cisco (United States), Xylem (United States), ABB (Switzerland), S&C Electric Co. (United States) and Trilliant Holdings, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Advanced Control Systems, Inc. (United States) and Atlantic City Electric Co. (United States).
Segmentation Overview
The study have segmented the market of Global Advanced Distribution Automation market , by Application (Public Utility and Private Utility) and Region with country level break-up.
On the basis of geography, the market of Advanced Distribution Automation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancement in the Communication Technologies and Emphasizing On IoT Technologies in Advanced Distribution Automation System
Market Growth Drivers:
Upgradation of Conventional Distribution Infrastructure Owing To Rising Need for Energy Efficiency and Increasing Government Initiatives for Digitization of the Distribution System
Challenges:
Lack of Standardization in Communication Infrastructure
Restraints:
High Initial Installation Cost of Advanced Distribution Automation System and Lack of Skilled Professionals to Adopt New Technology
Opportunities:
Increasing Demand for Advanced Distribution Automation from Emerging Countries Such As India, China, and Others. and Rising Need for Renewable Power Generation to Supplement the Growth of Distribution Automation System
13th March 2019, Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) in India awarded a technology-driven grid modernization project to GE Renewable Energy’s Grid Solutions. The project will be executed by the Indian entity of the company called GE T&D India Limited.
Key Target Audience
Consultants and Advisory Firms, Distribution Automation Solution Providers, Electric Utilities, Electrical Equipment Associations, Government Agencies, Network and Communication Service Providers, Support and Maintenance Service Providers and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.