openPR Logo
Press release

Growth Opportunities in Substation Automation Market by 2026 including Leading Companies: Schneider Electric SE, Cisco Systems, ABB Ltd., Siemens AG, Eaton Corporation Plc., General Electric, Honeywell International Inc., Larsen & Toubro Limited

Substation Automation Market

Substation Automation Market

North America generated the highest revenue in 2017 owing to increasing trend of smart cities, and presence of established telecom and cloud infrastructure in this region. The increasing trend of IoT, and growing demand for smart technologies drive the Substation Automation Market growth in the region.

Substation Automation Market generated $122.2 billion in 2017 and is anticipated to grow at a CAGR of 6.1% during the forecast period.

Request Sample for more Professional and Technical insights @
http://bit.ly/2FyvyLF

Substation Automation offers enhanced protection, control, automation, monitoring, and communication within a substation. Substation automation uses IEDs, protection relays, metering, and monitoring solutions for improved performance. Substation automation provides automatic supervision of interlocks, equipment diagnostics, local and global alarm and warnings, security control with multiple access levels, and enhanced asset management among others.

The demand for Substation Automation ion has increased over the years owing to growing adoption of smart cities, and increasing demand for efficient and low-cost solutions in the solar energy sector. The demand for electricity, coupled with high demand for smart grids has increased the adoption of substation automation. The increasing need for efficient and low-cost solutions in the solar energy sector further supports Substation Automation Market growth. Growing demand from emerging economies, increasing adoption smart grid applications, and technological advancements are expected to provide numerous growth opportunities in the coming years.

Substation Automation Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

For 'Queries' related to this research report, Make an Enquiry @
http://bit.ly/2Folbdf
The leading in Substation Automation Market include: -
• Schneider Electric SE
• Cisco Systems
• ABB Ltd.
• Siemens AG
• Eaton Corporation Plc.
• General Electric
• Honeywell International Inc.
• Larsen & Toubro Limited
• Crompton Greaves
• Schweitzer Engineering Laboratories Inc.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Substation Automation Market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Table of Content of Substation Automation Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Substation Automation Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!!

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Growth Opportunities in Substation Automation Market by 2026 including Leading Companies: Schneider Electric SE, Cisco Systems, ABB Ltd., Siemens AG, Eaton Corporation Plc., General Electric, Honeywell International Inc., Larsen & Toubro Limited here

News-ID: 1370181 • Views: 304

More Releases from Polaris Market Research & Consulting

What's driving the Blockchain Technology Market Trends? Microsoft Corporation, I …
The worldwide market size for blockchain technology is estimated to grow at a CAGR of 41.6% between 2018 and 2026 and is anticipated to reach USD 16.82 billion by 2026. According to a new study published by Polaris Market Research. Also termed as Distributed Ledger Technology (DLT), blockchain enables secure transaction over a distributed network. Since the transactions are taken place usually over the network, it is difficult to reverse
What's driving the Precision Farming Market Trends? Ag Leader Technology, AgJunc …
The global precision farming/agriculture market was valued at 3,833 million in 2017 and is anticipated to reach over USD 13,016 million by 2026 with grow at a CAGR of more than 14.7% during the forecast period According to a new study published by Polaris Market Research. In 2017, the yield monitoring application dominated the global market, in terms of revenue. North America is expected to be the leading contributor to
What are the different trends in Electric Vehicles (EV) Market to boost its grow …
Polaris Market Research has new report published the addition of the “The global Electric Vehicles Market Worth $912 Billion By 2026 | CAGR: 38.4%”, the report classifies the global Electric Vehicles market in a precise manner to offer unearth valuable, accurate and reliable data insights that help organizations to meet their business objectives and enable growth Get PDF Sample of “Electric Vehicles Market”: https://www.polarismarketresearch.com/industry-analysis/electric-vehicles-ev-market/request-for-sample The global electric vehicles market is anticipated to
What are the different trends in Third Party Logistics Market to boost its growt …
Polaris Market Research has new report published the addition of the “The global third-party logistics market is anticipated to reach USD 1,337.91 billion by 2026”, the report classifies the global third-party logistics market in a precise manner to offer unearth valuable, accurate and reliable data insights that help organizations to meet their business objectives and enable growth according to a new report The report “Third Party Logistics (3PL) Market Share, Size,

All 5 Releases


More Releases for Substation

Global Substation Automation Market
This report studies the Substation Automation market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The demand of Substation Automation is increasing now. The global Substation Automation market was xx million US$ in
Substation Automation Market: Lucrative Opportunites across Globe
Substation automation is an integral part of electrical system for generation, transmission and distribution of electricity. The combination of devices used to change the characteristics of electric supply such as voltage, p.f. and frequency among others is called substation. Substations are used to receive electricity at high voltage from the transmission and decrease the voltage to the appropriate level so that it can be used for local distribution. On the
Substation integration Market
Substation integration is a method of protecting, controlling and acquisition of data into a nominal number of platformfor the purpose of reducing operating and capital cost, it also helps in reducingthe control and panel room space, and it also helps to eliminate redundant equipments and databases. The growing adoption of smart grid technology in the utility sector and the need to reduce the distribution and transmission losses in the mode
Substation Automation Systems
The Insight Partners added “Substation Automation Market 2025 – Global Analysis and Forecasts by Module (Intelligent Electronic Devices, Communication Networks and Scada Systems); Offering (Hardware, Software and Services); Type (Transmission substation and Distribution substation); Installation Type (Retrofit Installation and New Installation) & End-Users (Utility, Steel, Mining, Oil & Gas and Transportation)” to its research database. The report is spread across 150 pages and supported by 10 company leaders. Substation automation is
Substation Automation Market: Applications and Global Markets
According to a recent market research report released by Transparency Market Research, the global substation automation market is expected to grow positively at a CAGR of 5.4% during the period between 2014 and 2020. The report, titled “Substation Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, has projected the valuation of the worldwide substation automation market by the end of the forecast horizon.
Emergency Mobile Substation Market: Mobile Substation Is Required During Huge Po …
The Emergency Mobile Substation Market produces emergency mobile substation which is a self-contained trailer mounted substation which consists of a transformer, cooling equipment, high voltage switch gear, and low voltage switch gear. The mobile substation also has metering, protection relaying devices, AC and DC auxiliary power supply, surge protection, and cable connecting arrangement. The main objective of the Emergency Mobile Substation Market is to build a mobile Delta star