The vendor landscape of the global distribution automation market features a largely consolidated nature, with a handful of large vendors, such as Siemens AG and ABB Ltd. collectively accounting for a lion’s share in the overall market, observes Transparency Market Research in its report. Need for efficient research and development capabilities, requirement of vast funds for ploughing-in in the development of innovative products, and the need for expert technical experience to move ahead in tandem with the pace of technological advancements being seen in the field of automation have kept small players at a bay over the years. The trend remains strong till date.
Some of the leading companies in the market are General Electric Corp., Tennessee Valley Authority, Schneider Electric SA, Cooper Power Systems, American Electric Power, S&C Electric Co., Electricite de France, Nissin Electric Co. Ltd., Pacific Gas and Electric Co., and Dominion Virginia Power.
Distribution automation (DA) is a solution that enables an electric utility to control, regulate and monitor its distribution network and assets. It ensures the effective and reliable flow of services from utility to consumers by optimizing the flow of electricity. DA systems facilitate effective monitoring and control of assets, identification and isolation of faults, restoration of services. It increases distribution system’s efficiency by energy and system loss saving, increases distribution system’s reliability by decreasing frequency and duration of power outages and also increases flexibility by enabling higher penetration of distributed energy resources.
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The factors such as reduced outage durations, increased reliability and efficiency of distribution system and cost and maintenance reduction with improved power quality are driving the global distribution automation market. 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 device types, monitoring and control devices segment was the largest segment and accounted for 36.1% of the global market. These devices ensure efficient fault detection which has enhanced distribution grid reliability and reduced restoration time drastically from hours to few seconds or minutes; this is one of most important reason for growing demand for monitoring and control devices However, power quality and efficiency devices segment is expected to grow at a faster rate due to growing demand for these devices in North America and Europe region. The ability to monitor, alarm and control on power in different power quality events such as under/over voltage and frequency and under frequency increasing the growth for power quality and efficiency devices.
In terms of end use segment, in 2012, industrial end user 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 of improved reliability by reducing duration and number of outages as well as the quality of service. Increasing awareness among household for distribution automation and voltage conservation application, to save electricity and have lesser bill is driving the market for distribution automation in rural region.
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