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The global distribution feeder automation market report predicts the market to grow at a CAGR of close to 6% by 2021. The growing need for uninterrupted power supply as one of the primary distribution feeder automation market drivers. 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 integration of IoT with feeder circuits is one of the latest distribution feeder automation market trends. Internet of Things (IoT) is becoming the next-generation technology for utility companies to distribute power to industrial, commercial, and residential users. Additionally, IoT is also being adopted in grid automation to bring about a revolution in the communication sector and has increased the adoption of highly customized automated devices into the feeder system. Moreover, the adoption of IoT in grid facilities also helps overcoming challenges such as interoperability and data readability which will increase the implementation of IoT in grid facilities.
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.
According to the distribution feeder automation market research, the leading vendors in the market are-
The other prominent vendors in the market include Advanced Control Systems, Atlantic City Electric, CG, G&W Electric, Kalkitech, Kyland Technology, Moxa, S&C Electric Company, and Schweitzer Engineering Laboratories (SEL).
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During 2016, the industrial users segment accounted for the major distribution feeder automation market share. The use of distribution feeder automation systems in the oil and gas industry offers a range of wireless communication solutions and are also used in pipeline monitoring as they handle repeating processes.
In terms of geography, EMEA will be the major distribution feeder automation market revenue contributor by 2021. 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.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Key takeaways
PART 15: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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