The Global DC Distribution Network Market 2020-2023 Research Report provides idealistic and determined details of the DC Distribution Network Market, that assist you in promoting ideas with research-based factors. It offers in-depth data, refines variations of the worldwide DC Distribution Network market to help you in deciding the final strategy. The report features a thorough outlook of the market considering profitability, attractiveness, revenue, and CAGR.
The DC Distribution Network Market Research Report also focuses on leading industry Manufacturer with information such as company profiles, products, and services offered financial information throughout 2020 – 2023
- ABB Ltd.
- SIEMENS AG.
- JOHNSON CONTROLS
- MOBISOL GmbH
- ZBB ENERGY CORPORATION
- VERTIV GROUP CORP. (EMERSON NETWORK POWER)
- PARETO ENERGY Ltd.
- PIKA ENERGY
- NEXTEK POWER SYSTEMS
The DC Distribution Network Market Report offers an accurate financial assessment of each leading Competitor based on their business data that includes estimation of gross margin, DC Distribution Network Market sales volume, profitability, pricing erection, product value, cost structure, revenue, and growth rate.
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Summary of DC Distribution Network Market:
Expectations, both from electricity distribution techniques and the distribution business, are growing. The utilization of the DC low-voltage distribution opens new possibilities for network development. For example, with the same voltage drop and the same cable, the DC system transmits 16 times more power with a 1.5 kV DC-system than with 0.4 kV AC system. Although, AC voltage rating is currently used in its full capacity, DC voltage is still unexploited in distribution systems. Component prices of power electronics have constantly been declining in the last decade, allowing power electronic devices to be used in a greater number of applications. Electricity generated from DC systems costs less, compared to AC systems, which benefits the customer.
Advantages over AC distribution, like power sharing between systems with different frequencies – Drive the market
In AC transmission and distribution systems, all alternators must be synchronized for not only frequency but also for phase angle. If the phase of power transmitted from two different grids does not match each other, the power from both will cancel each other out or ring. Moreover, matching the phase of different grids is difficult and expensive. Here, DC distribution has an edge, as there are no phase balancing or harmonic issues in DC transmission.
In countries, like Japan, transmission is at two different frequencies: Eastern Japan uses 50Hz, while Western Japan uses 60Hz. DC power distribution systems are compatible with unsynchronized AC transmission systems. Since the power flow through a DC link can be controlled independent of frequency and the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. This improves the stability and economy of each grid, thereby, allowing an exchange of power between incompatible networks.
Growing environmental consciousness and limits on fossil fuels placed a huge demand for larger integration of renewable energy with conventional sources. Solar power is estimated to supply one-third of world’s energy demand by 2060 thereby, proliferating DC distribution in future, as solar energy generates direct current. Furthermore, nearly 80% of commercial and residential consumers use devices, which require DC power. Therefore, economically it makes sense to adopt DC transmission and distribution.
Asia-Pacific – one of the leading markets
With a growing need for power in this region, DC distribution systems have the capability of making power available to a large part of the population. The major trends driving this market are increase in distribution efficiency, increasing demand for DC dependent infrastructure, the mismatch between renewable source and demand location. Moreover, DC system can work on variable frequencies, and DC architecture is simpler than AC, requiring less space, equipment, installation, and maintenance. These characteristics make DC technology appealing to customers, especially in the commercial sector. There is evidence proclaiming that medium-voltage DC distribution results up to 10% increase in efficiency over AC distribution.
On the flipside, high installation costs, safety concerns, and lack of enthusiasm to adopt the new technology are stifling the market. The market has been segmented based on end use application, and it has been observed that telecom and village power systems enjoy the lion’s share of the market in the Asia-Pacific region.
China leading the global DC distribution network market
The DC distribution network market in China is expected to grow significantly in the coming years, in the wake of ever growing population and increasing energy demand. The government started implementing new policies and regulations to help meet the market demand. The development in power electronics technology, such as micro grids, is mostly connected to distribution networks. In the power industry, the flexible DC distribution network has got attention for its lower integration and construction costs, reduction in energy loses, and higher reliability. The China Southern Power Grid, in association with universities, undertook research work on the benefits of DC distribution network, and is planning to implement it in the near future.
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Reasons to Purchase this Report:
The DC Distribution Network Market 2020-2023 Analysis objectives of the report are:
- To analyze DC Distribution Network Market regarding growth trends, anticipation and also their participation in the entire sector.
- To equitably share in-depth info regarding the vital elements influencing the increase of industry (growth capacity, probability, drivers and industry-specific challenges and risks).
- To know the DC Distribution Network Market by distinguishing its many sub-segments.
- To examine and study the market size (volume & value) from the company, essential regions/countries, products and application, background information from 2013 – 2020 and also prediction to 2023.
- To profile the Leading players in the industry and analyze their growth plans.
- To venture the amount and value of sub-markets, depending on key regions.
- Primary worldwide Antifouling Paints and Coatings Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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The growth of this market worldwide is subjected to various factors; including consumer world-class DC Distribution Network Market of many DC Distribution Network Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
In conclusion, DC Distribution Network Market report presents the descriptive analysis of the parent market based on elite players, present, past and futuristic data that will serve as a profitable guide for all the DC Distribution Network Market competitors.
Mr. Ajay More
Phone: +14242530807 / + 44 20 3239 8187
Email: [email protected]
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