Reportstack has announced a new market research publication on Global Distribution Automation Market 2014-2018. The following companies are the key players in the Global Distribution Automation Market: ABB Ltd., Schneider Electric SA, and Siemens AG. “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.”
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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/148228/global-distribution-automation-market-2014-2018.html.