Single User License: USD 4315.5 Utility Automation Market - Global Industry  Flat 10% Discount!! Analysis, Size, Share, Growth Trends, and  Free Customization as per your requirement Forecast 2015 - 2023  You will get Custom Report at Syndicated Report  Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] price Report will be delivered with in 15-20 working days Request Sample Buy Now REPORT DESCRIPTION Utility automation is touted as the sustainable solution for problems caused by the aging infrastructure and consequent transmission loss faced by power utility companies across the world. Presently, the complicated transmission systems used by most power global utility automation market are not a viable solution for providing sustainable energy and incorporating smart grid technology. Browse Utility Automation Market Report with Full TOC at : http://www.transparencymarketresearch.com/utility-automation-market.html In this context, loss of energy due to transmission redundancies is another challenge for power utility companies that needs to be addressed. So much so, in some of the developing countries in Latin America and Asia, more than 15% of the energy produced is lost due to infrastructural inadequacies, due to the infrastructure being unable to withstand the volume of energy needed for high power yield. As such, due to the decreased efficiency of power utilities, the ever-increasing energy demand for the increasing population is not fulfilled. Thus, several governments across the world are advising utility owners to switch to an automated system to address the challenges faced by the energy sector. Advantages of Utility Automation – an Overview The automation of utilities involves the use of several technologies that empower transmission systems to meet the ever-increasing energy needs. Consequently, reliable transmission, efficient controlling techniques, and prompt customer service are some of the benefits gained by automation of power utilities. In addition, two-way communication, asset management, and security enhancement are some other benefits of automating utility networks. Presently, the utility automation market is in the developmental stage. Thus, in the current scenario, automation is either done for partially automated utilities or for enhancement of retrofits. However, the need for reliable power distribution, grid efficiency, and optimized customer services will be the major factor driving the utility automation market in the years to come. According to market study predictions, developing countries will offer immense opportunities for the utility automation market due to their increasing energy need, which is difficult to handle through the inefficient existing networks. However, high initial investments in converting or appending existing utilities with an automated system will hinder the growth of his market. Thus, companies operating in the market need to offer integrated solutions for utilities to achieve higher adoption of these systems. AMI, GIS Emerging as Major Segments of Utility Automation Market The global utility automation market is divided on the basis of service and technology. By technology, advanced metering infrastructure, customer and financial information systems, demand response, geographic information systems, motor controls and automation outage management systems, substation automation, automatic vehicle location, demand-side management impact, distribution automation, mobile work management, and supervisory control and data acquisition (SCADA) systems are the major segments of the utility automation market. The use of these technologies lies in covering all the dimensions involved in the transmission and distribution network of a utility company. For example, advanced metering infrastructure (AMI) furnishes real-time data about power consumption to both the user and the supplier. Thus, the information furnished is useful to devise energy saving plans that are sustainable in the long run. Out of these, geographic information systems (GIS) have the ability to store and plot information about electric and other utilities. The use of GIS facilitates planning, outage management prediction, electric system modeling, and inventory system management, among others. Some of the major companies operating in the utility automation market are Schweitzer Engineering Laboratories Inc., S&C Electric Company, Landis+ Gyr, Infrax Systems, Eaton, General Electric Company, Schneider Electric, NovaTech LLC, Itron, Alstom SA, Cisco Systems Inc., and Siemens AG. About Us Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. 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Utility automation is touted as the sustainable solution for problems caused by the aging infrastructure and consequent transmission loss faced by power utility companies across the world. Presently, the complicated transmission systems used by most power global utility automation market are not a viable solution for providing sustainable energy and incorporating smart grid technology. Browse Utility Automation Market Report with Full TOC at : http://www.transparencymarketresearch.com/utility-automation-market.html