Research and Markets: The Distribution Automation Market in North America to Grow At A CAGR Of 7.7 Percent over the Period 2010-2014

DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/d8f167/distribution_autom) has announced the addition of the "Distribution Automation Market in North America 2010-2014" report to their offering.

“Distribution Automation Market in North America 2010-2014”

TechNavio today launched its in-depth report, Distribution Automation Market in North America 2010-2014. The report aims to aid decision makers understand the road map of the Distribution Automation market in this region.

Commenting on the report, an analyst from TechNavio's Cleantech team said, Awareness about updating distribution substations in North America is increasing, as distribution systems are aging and are wide-open to recurrent system failures. A key trend is the retirement of senior employees in the Utility sector during the period 2006-2012 who have expertise in solving technological breakdowns.

According to the report, several governmental bodies and organizations in the US and Canada are encouraging the growth of this market in the North American region. The Ontario smart grid initiatives, Independent Electricity System Operator (IESO), the Hydro-Quebec Plan, CEATI, etc., are various governmental associations promoting the installation of distribution automation solutions.

The study was carried out 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 players.

TechNavio's analysts forecast the Distribution Automation market in North America to grow at a CAGR of 7.7 percent over the period 2010-2014. One of the key factors contributing to this market growth is the emergence of government plans that are boosting the Distribution Automation market in North America. The Distribution Automation market in North America has also been witnessing an increase in business collaborations. However, the commercial mind-set of utilities could pose a challenge to the growth of this market. TechNavio's report, Distribution Automation Market in North America 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts.

Companies Mentioned:

ABB
Siemens AG
Schneider Electric
Alstom SA

For more information visit http://www.researchandmarkets.com/research/d8f167/distribution_autom

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