Feeder Automation for Distribution Market Worth $3.4 Billion by 2019
DALLAS, July 23, 2015 /PRNewswire/ --
The report "Feeder Automation for Distribution Market by Application (Commercial, Industrial, & Residential), by Product (Hardware, Software, & Services), and Region - Global Trends & Forecasts to 2019", defines, segments, analyzes and forecasts the global feeder automation market. This market is estimated to grow from $2.4 Billion in 2014 to $3.4 Billion by 2019, at a CAGR of 7.2% from 2014 to 2019.
Browse 71 market data Tables and 50 Figures spread through 210 Pages and in-depth TOC on "Feeder Automation for Distribution Market"
Early buyers will receive 10% customization on this report.
The global distribution feeder automation system market is likely to witness a CAGR of 7.2% from 2014 to 2019. The U.S. represents the largest market, followed by China Rest of Americas, and Europe, in terms of market size by revenue.
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=58936860
The global distribution feeder automation system market includes a few major players and the rest is fragmented into small regional players. Some of the key players operating in the market include Eaton Corporation PLC (Ireland), Advanced Control Systems Inc. (Georgia), ABB Ltd. (Switzerland), G&W Electric (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Crompton Greaves Ltd. (India), Moxa (China), and Schweitzer Engineering Laboratories (U.S.). The top four players, including the above, accounted 90% of the global market share in 2013, while the top two players accounted for over 75% share.
ABB Ltd. is a market leader with a strong presence globally. It provides high-quality distribution feeder automation components and system installations & services. The company has launched several protection & control units for substation automation, and has also achieved contracts for plant automation system & upgrade the safety of the protection systems. The company is a leader in developing feeder protection relays and feeder terminal units.
The growth strategies adopted by the major players of this market include new product/technology launches, contracts & agreements, expansions, and mergers, acquisitions, & joint ventures. Companies are constantly investing in R&D to introduce components and feeder protection units for remote controlling & monitoring the distribution feeder automation systems to meet the growing technological requirements.
The distribution feeder automation system market is predominant in the Americas, whereas, it is expected to grow in Asia-Pacific in the near future.
Browse related reports:
Smart Meters Market by Type (Smart Electric Meters, Smart Water Meters, Smart Gas Meters), by End User (Industrial & Commercial and Residential), & Region (Americas, Asia-Pacific, Europe & RoW) - Trends and Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html
Packaged Substation Market by voltage Split (below 36kV and above 36kV to 150kV), by Application (Industrial, Infrastructure, and Power Utilities & Generation) and by Region - Global Trends and Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/packaged-substation-market-26109112.html
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article