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Synchrophasor Market report is covering Marketing Strategies, Forecast and Main Vendors: ABB, GE Grid Solutions, Siemens Energy, State Grid Corporation of China, Beijing Sifang Automation.

03-18-2019 09:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Synchrophasor Market

Synchrophasor Market

A synchrophasor is a time-synchronized measurement of a quantity described by a phasor. Like a vector, a phasor has magnitude and phase information. Devices called phasor measurement units (PMU) measure voltage and current and with these measurements calculate parameters such as frequency and phase angle. It provides real-time data of the grid system to operators, helping them make decisions to prevent any power outage.

Major Players operating in market: This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: ABB, GE Grid Solutions, Siemens Energy, State Grid Corporation of China, Beijing Sifang Automation, Schweitzer Engineering Laboratories, NR Electric, Arbiter Systems, Vizimax, Macrodyne.

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In the next five years, the global consumption volume of Synchrophasor will show upwards tendency further, consumption volume is expected in 2022 will be 4521 Units. Especially, in some emergence countries, such as India and Brazil among others, the synchrophasor installation capacity will present an upwards growth rate in the future, because of the national policy and the PMUs' advantage than SCADA. The global average selling price will be around 74596 $/Unit in 2022.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems and the high entry, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.

The worldwide market for Synchrophasor is expected to grow at a CAGR of roughly 24.3% over the next five years, will reach 280 million US$ in 2024, from 96 million US$ in 2019.

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Synchrophasor
Type II

Market Segment by Applications, can be divided into
Power Station
Transforming Station
Others

Significant Market Features:
This report features mainly top to bottom approach to target key aspects of Global Synchrophasor Market Outlook market that includes, Gross Revenue, CAGR, Key Players, Cost Structure, Production Capacity, Sales Analysis and Future Growth Trends projected on the basis of historical Global Synchrophasor Market Outlook research.

Table of Contents

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synchrophasor product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Synchrophasor, with price, sales, revenue and global market share of Synchrophasor in 2017 and 2018.
Chapter 3, the Synchrophasor competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synchrophasor breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Synchrophasor market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Synchrophasor sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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