市場調查報告書
商品編碼
1107781
配電饋線自動化系統的全球市場預測(~2028年):產品,類型,用途,各地區的分析Distribution Feeder Automation System Market Forecasts to 2028 - Global Analysis By Product (Software, Hardware), Type (Low, Medium, High), Application, and By Geography |
全球配電饋線自動化系統的市場規模在2022年估算為41億8,000萬美金,到2028年前將達到74億8,000萬美元,在預測期間內預計將以10.2%的年複合成長率成長。
本報告提供全球配電饋線自動化系統市場相關調查分析,提供市場趨勢,競爭情形,各市場區隔·各地區的市場分析,主要企業的簡介等系統性資訊。
According to Stratistics MRC, the Global Distribution Feeder Automation System Market is accounted for $4.18 billion in 2022 and is expected to reach $7.48 billion by 2028 growing at a CAGR of 10.2% during the forecast period. Automation in the distribution field allows utilities to carry bendable control of the distribution system, which could be utilized for the purpose of improving the efficiency, quality, and reliability of electric service. The automation systems for distribution feeders give real-time data for continuous monitoring, allowing operators to further develop service quality and decrease downtime.
Increasing demand for reliable and uninterrupted supply by consumers has led to a rise in the use of advanced technologies. According to the International Energy Agency (IEA), the global energy demand is set to increase by 4.6% in 2021, more than offsetting the 4% contraction in 2020 and pushing demand above 2019 levels. Thus, the energy consumption is likely to increase further in the forecast period and may drive the utility sector in the distribution feeder automation system market.
Driver:
Increasing consumption of electricity
The rising requirement for electricity in hotels, hospitals, data centers, and corporate offices addresses one of the essential factors strengthening the growth of the market. Moreover, there is a rise in the requirement for energy efficiency and immediate fault detection in power distribution networks. This, along with the advantages offered by electric power DAS, such as reliability, islanding operation, and better operational performance, is contributing to the growth of the market.
Restraint:
Lack of standardization in communication infrastructure
Lack of standardization in communication infrastructure and innovation is likely to hamper market growth. Communication infrastructure is one of the prime factors of distribution automation. The key challenge in this area is to select the proper communication infrastructure to secure different field data based on the frequency, volume, and criticality of data transfer. At present global utilities are looking for a cost-effective and efficient solution for their communication needs. Different solutions which address these requirements are available in the form of a hybrid model comprising various communication mediums.
Opportunity:
Technological advancements
Key companies in the market refocused on research and development activities, to improve their product portfolio and gain a competitive edge in the market. Technological developments can provide significant business opportunities. This development provides the power industry with a cost-effective, dependable smart grid device to automate single-phase circuits and also meet critical power requirements.
The software segment is expected to be the largest during the forecast period
The software segment is estimated to have a lucrative growth owing to the growing trend of adaptation of new technological advancements in IoT and communication systems. Factors such as low maintenance cost, low restoration time, and improved efficiency are responsible for boosting the growth of the market segments.
Region with highest share:
North America is projected to hold the largest market share during the forecast period due to the increasing adoption of feeder automation systems in commercial and industrial sectors for continuous and uninterrupted flow of electricity in countries in the region.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period owing to high investment in smart grid projects and high energy demand from emerging economies such as China, and India. The Asia Pacific is also moving toward clean energy to meet the growing energy needs of the region.
Some of the key players profiled in the Distribution Feeder Automation System Market include Trilliant Holdings Inc., Advanced Control Systems Inc, Schneider Electric, Moxa Inc, General Electric Company, Schweitzer Engineering Laboratories, Eaton, Cisco, G&W Electric, ABB and Siemens.
In March 2020, ABB launched an upgraded version of the REX640 protection relay, which enhanced communication security and flexibility in advanced power generation and distribution applications. REX640 is able to cover the full range of utility and industrial applications and evolve with the grid.
In Sep 2019, Schneider Electric entered into an agreement with Meglab in which Schneider Electric's medium voltage equipment was integrated with Meglab's low voltage package to offer more flexible, customizable, and efficient power and automation solutions for customers across various industries.
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All the customers of this report will be entitled to receive one of the following free customization options: