Distribution Automation Market Forecast 2013 - 2019

Transparency Market Research

Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date 27-Feb-2014

108 Page Report

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Distribution Automation Market is expected to reach USD 17,677.2 Million Globally in 2019: Transparency Market Research

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Distribution Automation Market

REPORT DESCRIPTION

Distribution Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 According to a new market report published by Transparency Market Research "Distribution Automation (Monitoring and control devices, Power quality and efficiency devices, Switching and power reliability devices) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global distribution automation equipment market was worth USD 9,986.3 million in 2012 and is expected to reach USD 17,677.2 million by 2019, growing at a CAGR of 8.5% from 2013 to 2019. Europe was the largest market for distribution automation in 2012. The growth in this region would be driven increased investment in distribution automation equipment by richest European countries like UK, France, Italy and Germany. Further, according to Greentechgrid's survey Europe invested USD 6.84 billion in smart meters starting from 2001 to 2012. Browse Global Distribution Automation Market Report with Full TOC at http://www.transparencymarketresearch.com/distribution-automation-market.html The distribution automation market is driven by various factors such as reduced outage durations, increased reliability and efficiency of distribution system and cost and maintenance reduction with improved power quality. However, lack of standardization in communication infrastructure and...