ReportsnReports.com adds report Global Distribution Automation Market 2014-2018 to its store.Global Distribution Automation market to grow at a CAGR of 8.67 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to optimize distribution loss. The Global Distribution Automation market has also been witnessing the increase in mergers and acquisitions. However, the lack of product differentiation could pose a challenge to the growth of this market.
The Global Distribution Automation market is currently growing at a decent pace. Major players such as ABB Ltd., Alstom SA, and Siemens AG are trying to expand their presence in the market to take advantage of its potential. Moreover, a number of mergers and acquisitions and other strategic alliances are taking place in the market, with many big players and emerging vendors considering this as a lucrative strategy to increase their presence in the market. This approach also enhances the vendors' distribution channels and improves their market reach. Thus, mergers and acquisitions will help the companies in this market remain competitive while consolidating their position at the same time.
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According to the report, one of the major drivers is the need to minimize the distribution loss. Effective deployment of the latest technology in distribution automation systems helps in reducing the overall energy loss. For instance, distribution losses occur at transformers and feeder conductors.
Further, the report states that one of the major challenges in this market is the lack of product differentiation. The market includes several local and regional vendors that provide similar products at competitive prices. This forces the vendors to differentiate their products so that they can gain a competitive edge in the market.Global Distribution Automation Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Distribution Automation market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are ABB Ltd., Schneider Electric SA, and Siemens AG.
Other vendors mentioned in the report are Acme Electric Corp., Alstom SA, C&S Electric Ltd., GE Co., Havells Group, and IMP Power Ltd.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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