Press release
Substation Automation Market to Reach USD 73.94 Bn by 2029, emerging at a CAGR of 6.3 percent and forecast 2023-2029
Substation Automation Market
This report comprehensively analyzes the Substation Automation Market, assessing the impact of the COVID-19 pandemic on market leaders, followers, and disrupters. The report delves into the regional and segment-specific variations in the impact of lockdown measures, offering insights into short-term and long-term implications for decision makers as they formulate strategies by region.
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Substation Automation Market Report Research Methodology:
To provide a detailed understanding of the market dynamics, this report employs a robust research methodology, incorporating PEST analysis by region, key economies' assessments, PORTER's analysis, and SVOR analysis. Additionally, a comprehensive SWOT analysis of key players is included to scrutinize their strategies.
What are Substation Automation Market Dynamics:
The requirement of high capital cost for the installation to wireless sensor network and the lack of technical expertise are restraining the growth of the market at the global level. Increasing government support in emerging economies in Asia pacific for the use of battery technology for the electricity generation to offer growth opportunities for the market players during the forecast period.
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Substation Automation Market Regional Insights:
The Substation Automation and Integration Market in the Asia-Pacific (APAC) region is poised for substantial growth between 2018 and 2029. The Government of India has taken numerous initiatives to advance the power and energy sector, which has a direct positive impact on substation automation in APAC. These initiatives include strategies to renovate substations with a combined energy capacity of 175GW by 2029, schemes aimed at improving distribution in utilities, and village electrification programs.
What is Substation Automation Market Segmentation:
by Module
SCADA
Intelligent electronic devices
Communication Network Technology
by Type
Transmission substations
Distribution substations
by Component
Reclose Controller
Programmable Logical Controller
Capacitor Bank Controller
Digital Transducer/Smart Meter
Load Tap Controller
Communication Channel
Digital Relays
by End-User
Utility
Steel
Mining
Oil and gas
Transportation
by Channel
Ethernet
Power Line Communication
Copper Wire Communication
Optical Fiber Communication
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Who are Substation Automation Market Key Players:
1. Schneider Electric
2. EATON Corp.
3. Tropos Network
4. Encore Networks
5. Grid Net
6. ABB Ltd.
7. Siemens AG
8. General Electric
9. Cisco Systems, Inc.
10.Eaton Corporation Plc.
11.Crompton Greaves Ltd.
12.Larsen & Toubro Limited
13.Verson Electric Pvt. Ltd.
14.Trilliant Holdings, Inc.
15.Encore Networks
16.Cooper Industries
17.Power System Engineering, Inc.
18.Texas Instruments
19.Axiomtek Co. Ltd
20.Toshiba Corporation
21.Ametek
Table of content for the Substation Automation Market includes:
1. Substation Automation Market: Research Methodology
1. Substation Automation Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Substation Automation Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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