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Substation Automation Market 2017About Substation Automation
Substation automation helps to capture the data from the IEDs, and manage the automated plant grid operation by facilitating communication between IEDs. Alternatively, substation automation is a technology that facilitates precise integration between devices and data management systems within smart grid. As more IED devices are incorporated into the smart grid, the need for substation automation is a growing imperative. A well-designed substation automation architecture offers a scaled approach to add new automation applications along with shared communication infrastructure for the substation to realize the full benefits of smart grid application.
The analysts forecast the global substation automation market to grow at a CAGR of 7.17% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global substation automation market for 2017-2021. To calculate the market size, the report considers the revenue, Y-o-Y growth, CAGR, retrofit, replacement, and the services market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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The report, Global Substation Automation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Eaton
• Grid Solutions
• Schneider Electric
• Siemens
Other prominent vendors
• Atlantic City Electric
• Cisco
• Eaton
• G&W Electric
• Kalkitech
• Kyland Technology
Market driver
• Growing need for remote operations due to rising demand for electricity
• For a full, detailed list, view our report
Market challenge
• Growing complexity in communication among devices due to interoperability issue
• For a full, detailed list, view our report
Market trend
• Adoption of Internet of things (IoT) into power systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Market overview
• Global substation automation market by transmission
• Global substation automation market by distribution
PART 07: Market segmentation by end-user
• Global substation automation market for industrial sector
• Global substation automation market for commercial sector
• Global substation automation market for residential sector
PART 08: Geographical segmentation
• Market overview
• Substation automation market in EMEA
• Substation automation market in Americas
• Substation automation market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges
PART 11: Market trends
..…..Continued
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Release ID: 207291