close

Enter

Log in using OpenID

Flexible Packaging Market Analysis, Demand, Size and Forecasts To 2020

embed
According to the report, growing implementation of smart grid technology will be a key driver for market growth. The global electricity sector is transforming from centralized power generation to decentralized distributed power generation.
Electrical Equipment Market Share and Size, Emerging Trends,
Analysis, Overview and Outlook, Growth And Segment Forecasts To
2020
Technavio Announces the Publication of its Research Report Global Electrical Equipment Market for
Power Distribution Industry 2016-2020
Technavio recognizes the following companies as the key players in the global electrical equipment
market for power distribution industry: ABB, Eaton, Emerson Electric, Schneider Electric, and Siemens.
Other Prominent Vendors in the market are: Aggreko, Carling Technologies, General Electric, Honeywell,
Universal Electric, and 3M.
Browse full report with [email protected] https://marketreportscenter.com/reports/388361/global-electricalequipment-market-for-the-power-distribution-industry-2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “One of the key trends for market
growth will be the delay in commissioning of power projects in India. India has a large scope for
upgrading distribution networks, as the country’ s T&D and AT&C losses is one of the highest in the
world. India's AT&C losses stand at 22.7% and T&D losses stand at about 21.46%. Though the
government had launched several schemes such as IPDS and R-APDRP in the past, implementation of
power projects is delayed due to delay in transmission and sub-transmission projects. These projects are
delayed due to various reasons such as the need for environmental clearances, land acquisitions, signing
of PPAs, and the high cost of finance. In addition, the DISCOMs in India are not financially strong, which
is one of the key reasons for implementation of projects. Distribution is considered to be the weakest
link in the value chain, with DISCOM losses mounting upto $64 billion as of March 2015. The delay in
commissioning of projects or hindrances at various stages will affect the revenues of companies that are
involved in the contracts.”
According to the report, growing implementation of smart grid technology will be a key driver for
market growth. The global electricity sector is transforming from centralized power generation to
decentralized distributed power generation. This has resulted in transformation of customers into
prosumers. A prosumer consumes as well as generates power, which will be supplied to the grid. In the
recent years, rooftop PV has emerged as one of the fastest growing renewable energy technology in the
world. Policies at state and federal levels have encouraged widespread deployment of distribution
systems.
Further, the report states that damage to distribution systems due to grid instability will be a major
challenge for the market. The majority of current distribution systems across the world is prone to grid
failures due to aging infrastructure. The growing environmental concerns across countries have
triggered massive deployment of renewables. However, renewable energy is intermittent in nature and
the energy storage facilities are in the developing phase. As existing grid infrastructures are not
adequate to integrate renewable energy, this has resulted in grid instability causing grid failures.
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.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/388361
About Electrical Equipments
Electrical equipment in the power industry is dependent on electric current or electromagnetic field
involved in generation, transmission, and distribution of electricity. In the recent years, the
transformation of the global power distribution sector through reforms and infrastructure upgrades has
triggered the demand for electrical equipment. Rise in environmental concerns has led to significant
growth of the renewable energy sector across utilities, residential, and commercial segments
worldwide.
Technavio’ s analysts forecast the global electrical equipment market for power distribution industry to
grow at a CAGR of 8.9% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global electrical equipment
market for power distribution industry for 2016-2020. To calculate the market size, the report estimates
the demand for electrical equipment in the power distribution industry across the Americas, APAC, and
EMEA.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Electrical Equipment Market for Power Distribution Industry 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/388361
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
Author
thomashartle16
thomashartle16353   documents Email
Document
Category
technical documentation
Views
17
File Size
353 KB
Tags
size
1/--pages
Report inappropriate content