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2016 global distribution and substation automation gains amounted to $ 7.6 billion
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Article Source: Update Time:2016-7-15

align="left"> According to Navigant Research, according to the latest study in 2016, global distribution automation and substation automation revenue will reach $7.6 billion.

 

Report points out, in the next 10 years, the electric power enterprise will be in, feeder, transformer substation automation technology and solutions for increasing investment, in particular, many medium voltage a substation and low voltage transformer, secondary substations, medium voltage distribution feeders, etc., finally built the self-healing smart grid. By 2025, global distribution automation and substation automation is expected to top $12.2 billion.

 

Navigant Research chief researcher Richelle Elberg said. "in the next 10 years, all kinds of electric power enterprises, including investors holding, municipal, power distribution system operator will increase investment in power distribution automation and substation automation technology, the stability of power supply to them, increasing the distributed power grid is very important."

 

Not only that, in the next 10 years, a new generation of substation and power distribution feeder technology change will be focused on digital and wireless control technology, fully functional intelligent electronic equipment is expected to gradually replace the old mechanical and electrical equipment, to further improve the level of distribution and substation automation.

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