Analysis of the Global Distribution Automation Market
An electricity grid is one of the most complex networks comprising a number of systems and components.
With the increasing demand for power, the system is becoming more complex, driving utilities and companies to design a network that can be effectively managed and controlled.
To do so, utilities require tools, including intelligent electronic devices, to track grid condition and performance and transmit the data back to the control center.
Utilities also deploy software applications, including supervisory control and data acquisition (SCADA) systems and distribution management systems to interpret and make informed decisions about the grid network’s performance and condition.
With the increased focus on reliability, distribution automation is likely to become a pre-requisite for distribution utility companies. The global market for distribution automation is expected to register strong growth during the forecast period.
Typical market drivers include regulatory pressure to improve reliability and efficiency. In the United States, almost states have implemented reliability targets, of which states have implemented some form of penalty for not meeting the targets set by regulators.
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