MARKET INTRODUCTION The automation process of power distribution feeders in a distribution network is important to achieve an uninterrupted & faultless power supply and enhance the power distribution network globally. The distribution feeder automation system includes components such as feeder dispatch and control center, feeder remote terminal unit, and feeder terminal unit. Some of the typical applications of the functions of distribution feeder automation systems include effective monitoring, enhanced control, SCADA (supervisory control and data acquisition), and FDIR (fault, detection, isolation, and restoration).
MARKET DYNAMICS Rapidly rising prices of electricity coupled with high consumption along with the integration of renewable energy sources are driving the growth of the distribution feeder automation system market. However, the delay in implementation of distribution feeder automation systems due to exorbitant costs & high standards may restrain the growth of the distribution feeder automation system market. Furthermore, the implementation of smart grid technology worldwide is anticipated to create a market opportunity for the distribution feeder automation system market during the forecast period.
MARKET SCOPE The "Global Distribution Feeder Automation System Market Analysis To 2028" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The distribution feeder automation system market report aims to provide an overview of the distribution feeder automation system market with detailed market segmentation by product, application, and geography. The global distribution feeder automation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading distribution feeder automation system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION The global distribution feeder automation system market is segmented on the basis of product and application. Based on product, the distribution feeder automation system market is segmented into: hardware, software, and services. On the basis of application, the distribution feeder automation system market is segmented into: commercial, industrial, and residential.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global distribution feeder automation system market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The distribution feeder automation system market by each region is later sub-segmented by respective countries and segments. The distribution feeder automation system market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the distribution feeder automation system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the distribution feeder automation system market in these regions.
IMPACT OF COVID-19 ON DISTRIBUTION FEEDER AUTOMATION SYSTEM MARKET The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic had a negative impact on the distribution feeder automation system market. The COVID-19 pandemic had adversely affected the market in 2020 with delays of various projects associated with smart grids. However, in 2021, the resurgent demand for electricity nullified the effects of the pandemic. Factors such as a strong focus on electricity distribution fault reduction, demand for reliable and uninterrupted power supply, and an increase in energy demand drive the distribution feeder automation system market.
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The reports cover key developments in the distribution feeder automation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from distribution feeder automation system market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the distribution feeder automation system market. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the distribution feeder automation system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Advanced Control Systems Inc.
Crompton Greaves Ltd.
Eaton Corporation PLC
Schneider Electric SE
Schweitzer Engineering Laboratories
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