Press release
Substation Wide Area Monitoring System 2018 Global Market Expected to Grow at CAGR 20.61% and Forecast to 2022
Substation Wide Area Monitoring System Market
About substation wide area monitoring system
Wide area monitoring systems are used for continuous monitoring of the condition of transmission systems over a wide geography with the use of data acquired through phasor measurement technology.
Technavio’s analysts forecast the global substation wide area monitoring system market to grow at a CAGR of 20.61% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global substation wide area monitoring system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of wide area monitoring systems projects in substations through the deployment of phasor measurement units (PMUs), phasor data concentrators (PDCs), communication networks, PDC solutions, and related services. The market exclusions are SCADA systems, bay control solutions, protection solutions, station level solutions, and digital substations.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Substation Wide Area Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Electric Power Group
• General Electric
• Schneider Electric
• Schweitzer Engineering Laboratories
• Siemens
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Market driver
• Rising investments in smart grid projects
• For a full, detailed list, view our report
Market challenge
• Interoperability issues
• For a full, detailed list, view our report
Market trend
• Substation upgrading projects in US
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report
Complete Report Details @ https://www.wiseguyreports.com/reports/3096372-global-substation-wide-area-monitoring-system-market-2018-2022
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY SOLUTION
Segmentation by solution
Comparison by solution
Communication network – Market size and forecast 2017-2022
Services – Market size and forecast 2017-2022
Hardware and software – Market size and forecast 2017-2022
Market opportunity by solution
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas – Market size and forecast 2017-2022
APAC – Market size and forecast 2017-2022
EMEA – Market size and forecast 2017-2022
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Substation upgrading projects in US
Increasing wind energy projects
Adoption of wide area monitoring system in China and India
PART 13: VENDOR LANDSCAPE
Overview
Landscape disruption
PART 14: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
ABB
Electric Power Group
General Electric
Schneider Electric
Schweitzer Engineering Laboratories
Siemens
Continued…….
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