VITA Technologies
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  News  Industry News  Technological Advancement to Drive Global Distribution Automation Market to US$17,677 Mn by 2019
Industry News

Technological Advancement to Drive Global Distribution Automation Market to US$17,677 Mn by 2019

Transparency Market ResearchTransparency Market Research—June 23, 20160
FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail

A market study, based on the global distribution automation market, has been published by Transparency Market Research (TMR), estimating the market to report a CAGR of 8.50% during the period from 2013 to 2019. Analysts at TMR anticipate the worldwide market for distribution automation to reach US$17,677.2 mn by the end of the forecast period.The research study, titled “Distribution Automation Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”, also estimates the historical value of the global distribution automation market in 2012 to be US$9,986.3 mn.

The technical advancement in distribution automation solutions, improving their reliability and efficacy, is significantly fuelling the global distribution automation market. However, the report states that the growth of the global market may get hampered by the lack of adequate standards in communication technology and infrastructure in the coming years.

Browse Market Research report at www.transparencymarketresearch.com/distribution[…]

The market for monitoring and control devices held 36.1% of the global distribution automation products market in 2012. However, the fastest growth is projected to be reported by the power quality and efficiency devices market over the forecast period, cites the report.The industrial sector emerged as the largest end user of distribution automation solutions in 2012 with a share of 51.3%, notes the study. This market segment is predicted to maintain its leadership throughout the forecast period.

According this market study, the distribution automation market in Europe contributed for the highest revenue in 2012, accounting for a 32.2% of the global market. The rising number of smart grid projects and increasing investment in various components of distribution automation have stimulated this regional market. Additionally, the low cost associated with operation and maintenance of distribution automation is likely to drive this regional market during the forecast period, maintaining its dominance.

The research report further discusses the condition of the distribution market in North America and Asia Pacific. The increased focus on advanced metering infrastructure (AMI) integrated with distribution automation solutions in North America is likely to boost this market during the forecast period.

The distribution automation market in Asia Pacific is also expected to exhibit remarkable growth between 2013 and 2019, states the report.The global distribution automation market is highly concentrated with the presence of a few number of market players. ABB Ltd. and Siemens AG dominate this worldwide market with a share of 24% and 22%, respectively.

Get Sample Report Copy at –

www.transparencymarketresearch.com/sample/sampl[…]

More stories

RTOS Trends and Development Environments in Military Applications slotted for April 24th

April 20, 2008

Performance Technologies Delivers IP Communication Products to Raytheon for Navy’s SSDS Program

November 1, 2007

Mercury Computer Systems Applauds Successful Aegis Ballistic Missile Defense Systems Test

April 28, 2011

GE Fanuc Embedded Systems Broadens VPX Line

August 30, 2007

Other prominent players in this market are American Electric Power, Dominion Virginia Power, Cooper Power Systems, Electricite de France, S&C Electric Co., Pacific Gas and Electric Co., General Electric Corp., Schneider Electric SA, Beckwith Electrics, Alstom Group, Edison Electric Institute, Schweitzer Engineering Laboratories Inc., Duke Energy Corp., PECO, Nissin Electric Co. Ltd., and Tennessee Valley Authority, reports the market study.

The global distribution automation market is segmented into:

By Products

Monitoring and control devices

Power quality and efficiency devices

Switching and power reliability devices

By End Users

Industrial segment

Commercial segment

By Regions

Europe

Rest of the World (RoW)

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail
Parking Sensors- Advanced Technology Helping Cars To Locate, Pay and Reserve for Parking Space.
Next Generation Memory Technologies Market to Log Unprecedented CAGR of 46.1% to 2019
Related posts
  • Related posts
  • More from author
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Load more
Read also
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Articles

Next-gen fiber optics for aviation: Expanded Beam performance with VITA 95/96

June 3, 20250
Articles

Embedded Tech Trends 2025 Wrapup

June 3, 20250
Consortia and Working Groups

VITA standards activity updates

June 3, 20250
Load more

Recent Comments

No comments to show.
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX

© 2023 VITA Technologies. All rights Reserved.