BOULDER, Colo.--(BUSINESS WIRE)--A recent report from Navigant Research examines the global market for distribution automation (DA) and substation automation (SA) technologies, with market forecasts for revenue, segmented by category and region, through 2025.
The next generation of distribution and substation automation technologies are part of the next wave of transmission and distribution grid solutions and applications. These advances have been made possible with digital intelligent electronic devices, wireless sensing and monitoring, and high-speed communications, as well as automation using centralized and/or decentralized solutions. Click to tweet: According to a recent report from @NavigantRSRCH, revenue for DA and SA technologies is expected to total $109 billion from 2016 to 2025.
“Today’s market for substation, feeder, and transformer automation technologies includes a variety of solutions,” says Richelle Elberg, principal research analyst with Navigant Research. “These range from centralized command and control automation to highly decentralized and autonomous distribution grid edge-related solutions and equipment.”
The DA and SA technology market represents a tremendous and growing opportunity for vendors of wireless sensors, intelligent electronic devices, and other automated gear and software, according to the report. Among global regions, North America, Europe, and Asia Pacific have experienced the greatest penetration of distributed renewables and other resources that could cause disruptions to the grid—and drive demand for SA and DA solutions.
The report, Distribution and Substation Automation, analyzes the global market for DA and SA technologies, with a focus on three categories: distribution substation automation, feeder automation, and transformer automation. The report provides an analysis of the market issues, including drivers, barriers, and regulatory factors, and case studies associated with these solutions. Global market forecasts for revenue, segmented by category and region, extend through 2025. The study also examines the key technologies related to DA and SA, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Distribution and Substation Automation, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
