Global Industrial Wireless Automation market to grow at a CAGR of 15.68 percent over the period 2013-2018.
(PRWEB) August 05, 2014
Global Industrial Wireless Automation market to grow at a CAGR of 15.68 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for remote monitoring. The Global Industrial Wireless Automation market has also been witnessing growth driven by recent developments in wireless technology. However, the reliability and security of wireless devices could pose a challenge to the growth of this market.
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Global Industrial Wireless Automation Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and Europe regions; it also covers the Global Industrial Wireless Automation market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Emerson Electric Co., Honeywell International Inc., Siemens AG, and Yokogawa Electric Corp.
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Other vendors mentioned in the report are ABB Ltd., and CISCO Systems Inc.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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View full report at http://www.marketresearchreports.biz/analysis/189664.
Distribution Automation (DA) includes different technologies and protocols such as processors, sensors, switches and communication that monitor and control electric distribution system without human involvement. It increases distribution system’s efficiency by energy and system loss saving, increases distribution system’s reliability by decreasing frequency and duration of power outages and also increases flexibility by enabling higher penetration of distributed energy resources. Distribution automation increases utilization and efficiency of distribution system and also enables cost-effective penetration of DER (Distributed energy resources) as an option to build central generating stations.
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The report includes segmentation of distribution automation market by type, end user, and by geography. Further, it provides current and forecast market size by revenue for the aforementioned categories. Cross sectional analysis for type and geography segments is a part of the scope. Factors influencing and inhibiting the growth of market have been analyzed. Porter’s five forces analysis offers insights on market competition.
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This report analyzes Home Automation (HA) Market on a global level, with further breakdown into various sub-segments. It provides cross sectional analysis of the market for home automation systems based on parameters such as geography, system type, applications, and networking technology. The analysis covers the market estimates in terms of revenue and forecast for the period 2013 – 2019.
Download detail report with complete TOC at http://www.marketresearchreports.biz/sample/sample/154476.
The market is going through a growth phase marked with complexity and immaturity. There are variations in growth pattern across different geographies. These variations exist in terms of technologies used and applications preferred. This report is thereby produced to give a detailed overview of the ongoing trends in the market. It includes review of market dynamics with focus on market drivers, growth challenges (restraints), and opportunities. The value chain analysis and Porter’s five forces analysis included in the report further helps in assessing the market situation and competitiveness. Market attractiveness analysis highlights key segments of the market and their comparative attractiveness against other segments.
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