Substation Automation Market: Applications and Global Markets
Browse the full Substation Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at https://www.transparencymarketresearch.com/substation-automation-market.html
Substation automation can be defined as a system to manage, control, and protect a power system. It serves as an integral part of the electrical system to generate, transmit, and distribute electricity. The report points out that the increasing number of smart grids improving grid efficiency and reliability has propelled the growth of the global substation automation market.
Increasing demand for reduction in transmission and distribution losses, demand for distributed intelligence, and the need to upgrade the ageing infrastructure of existing power utilities are expected to drive the overall market during the forecast period.
However, the report points out that the dearth of technical expertise will negatively affect the substation automation market. Rising demand for energy management will open new opportunities for the overall market.The report segments the global substation automation market on the basis of components such as programmable logic controller (PLC), recloser controller, digital transducer or smart meter, capacitor bank controller, communication channel, digital relay, and load tap changer.
Get A Brochure Of Report @
In 2013, communication channels generated the highest revenue and are expected to be the fastest growing component segment in the market, growing at a CAGR of 13.1% during the period between 2014 and 2020. On the basis of module, the global substation automation market has been divided into communication network, supervisory control and data acquisition (SCADA), and intelligent electronic device (IED).
In 2013, intelligent electronic devices accounted for the largest market share owing to increased demand to improve transmission and distribution efficiency. During the forecast period, communication network is expected to be the fastest growing module segment.
The report studies the global substation automation market in four key regions: Europe, North America, Asia Pacific, and Rest of the World. North America was the largest market for substation automation in 2013. This was attributed to heavy investment and high-end research in the field of substation automation. The substation automation market in Asia Pacific was worth US$19.55 billion in 2013 and is expected to witness the fastest growth during the forecast horizon.
Make An Enquiry @
The report has profiled some of the key players in the global substation automation market, such as Trilliant Inc. (U.S.), ABB Ltd. (Switzerland), Alstom S.A. (France), Cisco Systems, Inc. (U.S.), Schneider Electric S.E. (France), Eaton Corporation Plc. (Ireland), Siemens A.G. (Germany), GE Energy Management (U.S.), Itron, Inc. (U.S.) and Echelon Corporation (U.S.). The report provides detailed information about the key players, including company overview, financial overview, business strategy, and recent developments.
The research study has been segmented as below:
Substation Automation Market, by Component:
Programmable logic controller
Capacitor bank controller
Digital transducer/ Smart meter
Load tap changer
Substation Automation Market, by Module:
Substation Automation Market, by Geography:
Rest of the World
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Substation Automation Market: Applications and Global Markets here
News-ID: 812698 • Views: 161
More Releases from Transparency Market Research
Impact of Outbreak of COVID-19 on Medical Education Market : Global Industry Ana …
Transparency Market Research (TMR) has published a new report on the medical education market for the period of 2019–2027. According to the report, the global medical education market was valued at nearly US$ 31 Bn in 2018, and is projected to expand at a CAGR of more than 4% from 2019 to 2027. Rise in the number of medical schools and increase in cost of medical education are the
Healthcare BI Platform Market Companies Analysis, Advancement and Precise Outloo …
In an intensely competitive healthcare business intelligence (BI) platform market, large players are aggressively focused on expanding their geographical outreach, says Transparency Market Research (TMR) in a new market intelligence report. These large players are leveraging the cloud business model to provide healthcare BI solutions that can be accessed irrespective of location. Apart from this, savvy players are entering into partnerships with hospital groups and healthcare bodies to integrate healthcare BI
Substance Abuse Treatment Market News Research Report 2024
A recent report by Transparency Market Research on the substance abuse treatment market in the U.S. states that the competitive landscape is highly fragmented. This is because around 242 companies compete against one another in it. This also makes overall competition stiff. Some of the companies that have beat competition to emerge as leading players in the market are Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., and Purdue Pharma LP. Their
Clinical Oncology Next Generation Sequencing Market is Thriving Worldwide By Siz …
Clinical Oncology Next Generation Sequencing: Introduction Next generation sequencing for tumor and germline DNA is required for oncology screening for therapeutic application. Rise in burden of cancer increases the need for early detection of the condition to carry out the generate target therapy. Companies are investing to develop technologically advanced devices/solutions for precision detection. In 2012, Oxford Nanopore had launched the GridION sequencing platform, which can sequence a human genome in 15
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
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
Modular Substations Market Price, compact substation, substation automation, pac …
The global modular substations market is segmented based on type, voltage, insulation, application, and geography. By type, the market is segmented as skid/trailer mounted and fixed. Voltage-based classification yields 1133kV, 33400kV, and above 400kV. Fill the form for an exclusive sample of this report @: https://www.progressivemarkets.com/request-sample/modular-substations-market A substation is the part of an electrical generation, transmission, and distribution system, which has transformers and several other components that help to either