Global Distribution Voltage Regulator Market: Industry Size, Share, Growth, Forecasts 2016 - 2023
Latest
industry research report on: Global Distribution Voltage Regulator
Market : Industry Size, Share, Research, Reviews, Analysis,
Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
A distribution voltage
regulator is a step-voltage regulator which is generally used to
control the voltage either on the main feeder coming out of the
substation or on the laterals of the main feeder. The distribution
voltage regulators receive an incoming voltage, which might vary
depending on load conditions, and provides a constant output voltage.
Distribution voltage regulators are generally of three types-
ferroresonant, tap-switching and electronic. Ferroresonant regulators
are the earliest form of regulators. They operates in the saturation
region of the transformer design for regulating voltage.
Ferroresonant regulators are generally used under single phase
conditions, primarily for their cost effectiveness and overall high
level of protection. Tap-switching regulators automatically switch
taps on the isolation transformer for regulating line voltage.
Tap-switching regulators have fast correction time and high
efficiency rating. Additionally, they can accommodate higher KVA
rated systems into small enclosures. Electronic regulators are often
conjointly used with a power transformer as a shield for all types of
power problems except power outages. It offers the most stringent
regulation among the three types of regulators. In addition, delivers
more efficient fault clearing current to breakers further downstream.
Electronic regulators are best utilized in industrial setups having
motor loads and high inrush devices.
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The
increasing demand for power has been the main factor which attributed
to the growth of the distribution voltage regulator’s market.
Governments across the globe, especially in emerging markets such as
India and China among others, are in constant pursuit of upgrading
their domestic power networks and developing smart grid
infrastructure to meet the increasing demand for electricity. In
order to install and upgrade new and existing transmission and
distribution (T&D) networks, governments of both developed and
developing countries have planned to invest huge amount during the
forecast period. Such investments are boosting the global
distribution voltage regulator market since voltage fluctuations are
required to be stabilized for providing uninterrupted electricity
supply. The growth in utility and industrial infrastructure
investment has also positively impacted the market. Utility companies
are utilizing distribution voltage regulators to increase power
demand during off-peak periods apart from meeting the demand for
power requirement during peak periods.
However,
the requirement of high initial investment for installing
distribution voltage regulator is a major restraining factor of this
market. Increasing prices of raw materials are also leading to the
increase in the price of these equipments. Additionally, lack of
uniform standards of distribution voltage regulators is negatively
impacting this market. Advancement in regulator technology and also
production process can help to overcome the challenges mentioned
above. Deploying greater technological advancements can be considered
as opportunity for distribution voltage regulator market. By
deploying technological advancements, efficiency of distribution
voltage regulators in terms of T&D loss reduction can be
increased.
The
global distribution voltage regulator market can be segmented, by
type, into ferroresonant, tap-switching and electronic. The
distribution voltage regulator market can be further segmented, based
on end user, into industrial, commercial and residential.
Furthermore, the distribution voltage regulator market can be
geographically segmented into four broad regions such as North
America, Europe, Asia-Pacific (APAC) and the rest of the world.
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Some of the key companies
leading the distribution voltage regulator market are ABB Ltd.
(Switzerland), Belotti Variatori SRL (Italy), Daihen Corporation
(Japan), Eaton Corporation Plc. (Ireland), General Electric Co. (US),
Howard Industries Inc. (US), J.Schneider Elektrotechnik Gmbh
(Germany), Siemens AG (Germany), Toshiba Corporation (Japan) and
Utility Systems Technologies (South Africa) among others.
This research report analyzes
this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research
report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides
comprehensive analysis of
Market growth drivers
Factors limiting market
growth
Current market trends
Market structure
Market projections for
upcoming years
This report is a complete study
of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s
five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
Reasons for Buying this
Report
This report provides
pin-point analysis for changing competitive dynamics
It provides a forward
looking perspective on different factors driving or restraining
market growth
It provides a six-year
forecast assessed on the basis of how the market is predicted to grow
It helps in understanding
the key product segments and their future
It provides pin point
analysis of changing competition dynamics and keeps you ahead of
competitors
It helps in making informed
business decisions by having complete insights of market and by
making in-depth analysis of market segments
It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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