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Market Research Report
Distribution Automation Technologies - Protection, Control, Self-Healing, Voltage Regulation Technologies, AMI, Grid Software and Analytics: Global Market Analysis and Forecasts |
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Published by | Guidehouse Insights (formerly Navigant Research) | Product code | 854103 | ||||
Published | Content info | 51 Pages; 42 Tables, Charts & Figures Delivery time: 1-2 business days |
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Distribution Automation Technologies - Protection, Control, Self-Healing, Voltage Regulation Technologies, AMI, Grid Software and Analytics: Global Market Analysis and Forecasts | ||
Published: May 21, 2019 | Content info: 51 Pages; 42 Tables, Charts & Figures |
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The distribution grid is among the most critical, dynamic, and fastest changing pieces of the 2019 electric grid. During the next decade, utilities around the world will make significant investment in distribution grids, specifically in distribution automation (DA). The importance of DA is consistent across all types of utilities. Ratepayer, regulator, and stakeholder demand for improved grid performance is driving much of this investment. The increasingly widespread deployments of distributed energy resources (DER) are also growing the market.
The global DA market is growing significantly. Growth rates and market sizes correlate closely to the size, complexity, and age of a region's distribution grids. Developed regions such as North America and Europe are witnessing high growth and significant DA deployments, while the pure size and rate of development of the distribution grid in Asia Pacific bolsters the market and its growth rate there. Developing regions typically include higher levels of automation for new construction, but existing grids in these areas are left unimproved. This situation drives an overall high growth rate for Latin America and the Middle East & Africa despite a lower overall market size.
This Navigant Research report identifies and discusses the technologies and strategies being deployed on the distribution grid to increase grid reliability, visibility, resiliency, and flexibility. This study provides an analysis of distribution grid components such as switches, breakers, and substation transformers as well as line sensors and AMI installations. Global market forecasts extend through 2028. The report also examines key industry players and their respective strengths and weaknesses.