Transmission & Distribution (T&D) system comprises high-voltage transmission lines, towers, substations, conductors, associated equipment, distribution substation (distribution feeder, conductors, cables, arresters, regulators, ....see more
Feeder automation is a constituent of distribution automation system, which principally focuses on remote monitoring and control of the distribution systems & their equipment. Distribution feeders include control devices, most common being the shunt capacitors to meet local volt-ampere reactive (VAR) requirements or support voltage regulation. Growing demand for energy, coupled with increasing investment in automation activities, is expected to drive the global feeder automation market to $3,445.0 Million by 2019, at a CAGR of 7.2% from 2014 to 2019.
A packaged substation is an integral part of the electric power distribution system. The power sector offers a promising future with growing demands for electricity, following increasing urbanization and industrialization in the developed as well as developing nations. Packaged substations form a crucial part in the power sector across distribution and equipment protection segments. The global packaged substation market is projected to exhibit high growth on account of growing urbanization and rise in the number of upgrades on electrical infrastructure, influenced by increasing energy demand. The market is expected to be valued at $6.89 million globally in 2014. It is projected to grow at a CAGR of 10.19% during the forecast period.