Global Distribution Feeder Automation Market Resilience of to be sustained by Technological Advancements During 2019-2025
ResearchMoz incorporate new survey report “Global Distribution Feeder Automation Market Insights, Forecast to 2025” to its immense accumulation of research reports.
The global Distribution Feeder Automation market is brilliantly shed light upon in this report which takes into account some of the most decisive and crucial aspects anticipated to influence growth in the near future. With important factors impacting market growth taken into consideration, the analysts authoring the report have painted a clear picture of how the demand for Distribution Feeder Automation could increase during the course of the forecast period. Readers of the report are expected to receive useful guidelines on how to make your company’s presence known in the market, thereby increasing its share in the coming years. On the whole, the report comes out as a detailed and accurate account of the market that is prepared with the sole intention of helping players to cement their position in the industry.
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For energy generation setups, distribution automation involves use of digital sensors and switches underpinned by advanced control and communication technologies. Distribution automation for energy setups is for few functions. This includes automation of feeder switching, functional monitoring of voltage and support equipment, and reactive power management.
Automation of energy distribution provides tangible benefits. Improvement in speed, cost, and accuracy of key distribution functions are some notable benefits attained with such automation. This, in turn, helps deliver reliable energy distribution, improvement in distribution, and cost savings for customers.
Taking a cue from this, under the 2009 American Recovery and Reinvestment Act (ARRA), Department of Energy received $3.4 billion to invest in smart grid investment grant (SGIG) projects. Modernization of electric grid, strengthening cyber security, and improved interoperability are some objectives to attain using the capital. This reflects scope of automation of feeder for energy distribution systems.
Distribution feeder automation is an integral part of system-level automation in contemporary power distribution networks, which improves reliability using self-healing, smart grid technology. The feeder establishes a connection between the substation and end-users without any tapping. Most of the faults occur on feeder lines as these are exposed to detrimental environmental conditions. Thus, utility companies are increasingly opting for feeder automation, which comprises an assembly of numerous smart relays and switching equipment.
Owing to the frameworks of dynamic competitive environments, several businesses have realized the need for uninterrupted power supply without compromising on power quality. For instance, most of the manufacturing industries are now shifting toward Just in Time (JIT) delivery. An outage lasting even for a short duration creates a huge mismatch between supply and demand, thereby adversely affecting the overall revenue of the company. To overcome this challenge companies are using distribution feeder automation that reduces the outage time by quickly switching between feeder lines.
The distribution feeder automation market appears to be competitive due to the presence of few players. The major players in this market are continuously trying to retain their market shares by increasing their operational efficiency and diversifying their offerings. To meet the evolving needs of industrial and commercial end-users, the market players are also focusing on providing a wide range of feeder protection solutions.
EMEA will be the major revenue contributor to the market. This is mainly due to an increase in the number of development projects in the real estate sector and the growing number of data centers. Additionally, the increase in the adoption of IoT and supportive telecom infrastructure in Europe and the Middle East will also fuel the growth of the distribution feeder automation market in this region.
The Distribution Feeder Automation market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Distribution Feeder Automation.
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This report presents the worldwide Distribution Feeder Automation market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The following manufacturers are covered in this report:
Advanced Control Systems
Atlantic City Electric
S&C Electric Company
Schweitzer Engineering Laboratories (SEL)
Distribution Feeder Automation Breakdown Data by Type
Distribution Feeder Automation Breakdown Data by Application
Automatic transfer scheme
Distribution Feeder Automation Production by Region
The study objectives are:
To analyze and research the global Distribution Feeder Automation status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Distribution Feeder Automation manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Distribution Feeder Automation market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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