Analysis of the Global Distribution Automation Market
Distribution automation represents an emerging and critical market for utilities globally. The study provides an analysis of the global distribution automation market, which has been divided into two product segments—hardware, and software and communication. Revenue forecasts up to 2020 and analyses have been provided for North America, Europe, Asia-Pacific, and Rest-of-World regions. The market, which is driven by the aging grid infrastructure, regulations, and distributed energy resource growth, is predicted to register a compound annual growth rate of 4.2% between 2015 and 2020. Lack of investment and shortage of skilled workforce are some of the challenges for the original equipment manufacturers in this market. The major market participants include ABB, Siemens AG, Schneider Electric, and GE Digital Energy.
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