The
global distribution automation (DA) market is categorized in three
major segments according to end-user type, product type, and
geography. Asia-Pacific, Europe, North America, and Rest of the World
are the four geographic segments of this market. Europe dominated the
distribution automation market by generating 32.2% market share in
2012.
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Distribution
Automation Market Segments and Shares
Increased
investment in distribution automation (DA) equipment is attributed to
the growth of Europe in the global DA market. This investment was
collective of the richest European nations such as France, Italy,
U.K. and Germany. Further, Europe invested $6.84 billion in smart
meters from 2001 to 2012, according to a survey from Greentech grid.
Product-wise
the market is segmented into power quality and efficiency devices,
monitoring and control devices, and switching and power reliability
devices. According to the end-user type, the global distribution
automation (DA) market is categorized into residential, industrial,
and commercial segment.
The
residential segment will demonstrate the highest rate of growth with
a CAGR of 12%, which is attributed to improved reliability from
reduced duration and number of power outages and the quality of
service. However, in 2012 the industrial segment dominated the market
with 51.3% of the total revenue shares and is projected to remain
dominant throughout the forecast period. Factors such as islanding
operation, load shedding, power quality improvement,
energy-efficiency, and self-healing functionality propel the demand
for advanced distribution automation industrial sector.
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The
monitoring and control devices sector in 2012 amounted to 36.1% share
in the global market, marking it as the dominant sector in 2012.
However, efficiency devices and power quality sector will witness a
faster rate during the forecast period.
The
major key players in the global distribution automation market are
Siemens AG, ABB Limited, GE Corporation, and Schneider Electric.
Siemens and ABB were the market leader in 2012 with 22% and 24%
market share respectively.
The
global market of distribution automation will demonstrate a
significant growth, in spite of the technical challenges it faces.
Increasing reliability and efficiency of the distribution automation
systems, reduced time of power outages, and lowered cost and
maintenance of DA systems boost the growth of the market. However,
lack of standardization in communication technology and
infrastructure along with modernization of the present switchgear
equipment suppress the growth of the DA market.
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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
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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)
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