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 comprehensive report provides an in-depth analysis of the Substation Automation market, including market values, the impact of COVID-19, and regional insights. It explores the effects of lockdowns on market leaders, followers, and disrupters and examines how varying lockdown measures across regions and segments have influenced the market. The report covers both short-term and long-term impacts of the pandemic, offering valuable insights for decision-makers to shape strategies at regional and global levels.
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Substation Automation Market Research Methodology:
The report employs a thorough research methodology, including data analysis, to assess the Substation Automation market. It delves into the intricacies of substation automation systems (SAS), highlighting the role of dedicated software stored in hardware components of substation secondary elements. The report investigates the importance of substation automation in achieving efficient electricity transmission and distribution. It also discusses the utilization of intelligent devices such as protective relays, programmable logical controls, and digital transducers for monitoring and controlling substation equipment.
What are Substation Automation Market Dynamics:
Substation automation is crucial for the automation of power supply, reducing the incidence and duration of power outages. It utilizes specific software, sensors, and two-way communication equipment to automate substation operations. The report recognizes these drivers as essential for efficient power transmission and distribution.
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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
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Table of content for the Substation Automation Market Includes:
Substation Automation Market : Research Methodology
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
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Substation Automation Market Regional Insights:
The Substation Automation and Integration market in the Asia Pacific (APAC) is expected to experience significant growth between 2018 and 2029. The Indian government's initiatives to advance the power and energy sector, including the renovation of substations and village electrification programs, contribute to the growth of substation automation in the region.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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