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Global Automative Revenue of Distribution and Substation Amounted to $ 7.6 Billion in 2016

Number of visits: Date:3/25/2016 05:12:43

According to the research report recently released by Navigant Research, it revealed that in 2016, global distribution automation and substation automation revenue will reach $ 7.6 billion.

The report pointed out that in the next 10 years, the electric power enterprise will increase investment in substation, feeder, transformer automation technology and solutions, especially in lots of medium voltage substation, secondary substation, medium voltage distribution feeder, low voltage transformer, the final completion of self-healing smart grid. Expected by 2025, the world's distribution automation and substation automation revenue is expected to exceed $12 billion 200 million.

The chief researcher of Navigant Research Richelle Elberg said, "the next 10 years, all kinds of power companies, including investor holds, municipal distribution system operators all will increase the distribution automation and substation automation technology investment, which is very important for them to improve power supply stability and increase distributed power grid . "

Not only that, the next 10 years, a new generation of transformation substations and distribution feeder technology will focus on digital and wireless control technology, and fully functional intelligent electronic devices is expected to gradually replace the old electromechanical device to further enhance the distribution and substation automation.

TypeInfo: Industry news

Keywords for the information:henan jiapu  bare conductor  special cable  control cable