Global Power Distribution Automation Components Market 2017-2021 - Product Image

Global Power Distribution Automation Components Market 2017-2021

  • ID: 4368926
  • Report
  • Region: Global
  • 85 pages
  • TechNavio
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Analysts forecast the global power distribution automation components market to grow at a CAGR of 6.20% during the period 2017-2021

FEATURED COMPANIES

  • ABB
  • EATON
  • G&W Electric
  • Grid Solutions
  • Kalkitech
  • Larsen & Toubro
  • MORE
About Power Distribution Automation Components

Analysts forecast the global power distribution automation components market to grow at a CAGR of 6.20% during the period 2017-2021

Power distribution automation components are utilized in power distribution across the regions. These components increase the operational efficiency and are used for various applications such as relays, circuit breakers, fuses, automated switches, reclosers, communication enabling devices, SCADA, live monitoring systems, and smart meters.

Global power distribution automation components market discusses the application of power distribution automation components in the industrial, commercial and residential sectors. It includes switching and protecting components, monitoring devices, and measuring devices in EMEA, the Americas, and APAC.

Covered in this report

The report covers the present scenario and the growth prospects of the global power distribution automation components market for 2017-2021. To calculate the market size, the report considers the new installations, sales, value and retrofit, replacement, aftermarket services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Global Power Distribution Automation Components Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
  • ABB
  • EATON
  • Schneider Electric
  • Siemens
  • Grid Solutions
Other Prominent Vendors
  • Larsen & Toubro
  • G&W Electric
  • S&C Electric Company
  • Kalkitech
Market Drivers
  • Increasing investment in smart grids
  • For a full, detailed list, view the full report
Market Challenges
  • High upfront cost
  • For a full, detailed list, view the full report
Market Trends
  • Emergence of IoT
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research:
  • Primary research includes in-depth interviews with industry experts, vendors, resellers and customers
  • Secondary research includes the publisher's platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • EATON
  • G&W Electric
  • Grid Solutions
  • Kalkitech
  • Larsen & Toubro
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by components
  • Market overview
  • Global power distribution automation components market by switching and protecting components
  • Global power distribution automation components market by monitoring devices
  • Global power distribution automation components market by measuring devices
PART 07: Market segmentation by end-user
  • Market overview
  • Global power distribution automation components market in the industrial sector
  • Global power distribution automation components market in the commercial sector
  • Global power distribution automation components market in the residential sector
PART 08: Geographical segmentation
  • Market overview
  • Power distribution automation components market in EMEA
  • Power distribution automation components market in the Americas
  • Power distribution automation components market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emergence of IoT
  • Increasing demand for renewable energy
  • Deployment of smart meters
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • EATON
  • Schneider Electric
  • Siemens
  • Grid Solutions
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Benefits of distribution automation solutions
Exhibit 02: Global power distribution automation components market overview
Exhibit 03: Global power distribution automation components market 2016-2021 ($ billions)
Exhibit 04: Product lifecycle of the global power distribution automation solutions market in developing and developed countries 2016 and 2021
Exhibit 05: Five forces analysis
Exhibit 06: Segmentation of the global power distribution automation components market by components (% share)
Exhibit 07: Global power distribution power automation components market by switching and protecting components 2016-2021 ($ billions)
Exhibit 08: Global power distribution automation components market by monitoring devices 2016-2021 ($ billions)
Exhibit 09: Benefits of implementing monitoring devices:
Exhibit 10: Global power distribution automation components market by measuring devices 2016-2021 ($ billions)
Exhibit 11: Advantages of smart meters
Exhibit 12: Global power distribution automation components market by end-user 2016 and 2021 (% share)
Exhibit 13: Global power distribution automation components market in the industrial sector 2016-2021 ($ billions)
Exhibit 14: Global power distribution automation components market in the commercial sector 2016-2021 ($ billions)
Exhibit 15: Global power distribution automation components market in the residential sector 2016-2021 ($ billions)
Exhibit 16: Segmentation of the global power distribution automation components market by geography (% share)
Exhibit 17: Power distribution automation components market in EMEA 2016-2021 ($ billions)
Exhibit 18: Key facts related to power distribution automation components deployment in Europe
Exhibit 19: Power distribution automation components market in the Americas 2016-2021 ($ billions)
Exhibit 20: Power distribution automation components market in APAC 2016-2021 ($ billions)
Exhibit 21: Key investments in APAC in power distribution automation components
Exhibit 22: Difference between conventional power distribution components and automation distribution components
Exhibit 23: Pros and cons of IoT
Exhibit 24: Forecast of installation of renewable electricity
Exhibit 25: Other prominent vendors
Exhibit 26: ABB's business segments
Exhibit 27: ABB's business strategy
Exhibit 28: ABB's products offering
Exhibit 29: ABB's recent development
Exhibit 30: Business groups
Exhibit 31: EATON's business strategy
Exhibit 32: EATON's offered products
Exhibit 33: EATONS's recent development
Exhibit 34: Schneider Electric: Business segments
Exhibit 35: Schneider Electric: Business strategy
Exhibit 36: Schneider Electric's products offering
Exhibit 37: Schneider Electric's recent developments
Exhibit 38: Business segments of Siemens
Exhibit 39: Siemens: Business strategy
Exhibit 40: Siemens product offerings
Exhibit 41: Siemens's recent developments
Exhibit 42: Grid Solutions: Business strategy
Exhibit 43: Grid Solutions products offering
Exhibit 44: Grid Solutions' recent developments
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FEATURED COMPANIES

  • ABB
  • EATON
  • G&W Electric
  • Grid Solutions
  • Kalkitech
  • Larsen & Toubro
  • MORE
New Research Report - Global Power Distribution Automation Components Market 2017-2021

The publisher recognizes the following companies as the key players in the global power distribution automation components market: ABB, EATON, Schneider Electric, Siemens, and Grid Solutions

Other Prominent Vendors in the market are: Larsen & Toubro, G&W Electric, S&C Electric Company, and Kalkitech.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emergence of IoT. IoT is the next generation technology for all the end-user applications owing to its superior advantages in the connectivity. In 2016, IoT already commercialized to a degree in the factory, thereby bringing an industrial revolution with the concept of Industry 4.0. The accompanying global digitalization is growing rapidly across the world and involves components that can identify and transmit conditional information. In addition to this, IoT is further simplifying the connectivity techniques with the use of IPv6-based Protocol addressing systems. In addition, the interoperability and data readability issues find a better solution with the advent of IoT.”

According to the report, one of the major drivers for this market is Increasing investment in smart grids. Rising population and urbanization increased the demand for electricity over the past years and is expected to increase further in the coming years. According to the US Energy Information Administration, electricity generation in the world is expected to increase 69% by 2040 from 25.8 trillion kWh in 2020 to 36.5 trillion kWh in 2040, electricity being the highest growing form of energy consumption.

Further, the report states that one of the major factors hindering the growth of this market is High upfront cost. Power distribution automation components involve many expensive components to be employed with smart grids. Thus, new or retrofit projects are required to be installed with expensive sensors, automated relays, automated circuit breakers, and other monitoring and measuring equipment that involve huge capital. Similarly, modernization of switchgear further needs the plant devices to configure through highly expensive sensors and energy meters. Therefore, no electricity suppliers accept a major upgrade or new project without a long-term project scope and justified investment scenario.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ABB
  • EATON
  • Schneider Electric
  • Siemens
  • Grid Solutions
  • Larsen & Toubro
  • G&W Electric
  • S&C Electric Company
  • Kalkitech
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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