Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Substation Automation market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Substation Automation market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Substation
Automation market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Substation Automation market is offered. In accordance with the report, the global
Substation Automation market is projected to
expand at a CAGR of 5% over the period
of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Substation
automation has turned the way the networks are managed by the utilities. Substation
forms the base for many of the important utility functions. Currently,
distribution and transmission utilities target the already existing full or
partial automated substations. The most promising driver of the market is the
aging energy infrastructure and the increasing smart grid infrastructure. The
aging energy infrastructure and the smart grid infrastructure require
multifunctional solutions that are on par with the advanced communication
protocols. The market substation automation is largely driven by the
intelligent electronic devices that provide control functions and barrier less
monitoring across the substation.
Segment Covered:
The market for
substation automation can be segmented based on types which includes
distribution substation, transmission substation and collector substation. The
market can be further segmented on the basis of IEDs such as RTUs, digital
protection relays, digital transducers, programmable logical controller,
recloser controls, voltage controls and capacitor bank controls. On the basis
communication networks the market can be segmented by copper wire
communication, Ethernet communication, fiber optic communication and power line
communication. By Geography, the global Substation Automation market has been
divided into North America (the U.S., Canada), Latin America (Brazil, Mexico,
Argentina and other countries), Europe (Germany, France, the U.K., Spain, Italy,
Russia, and other countries), Asia Pacific (India, Japan, China, Australia and
New Zealand and other countries), Middle East and Africa (GCC, South Africa,
Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as General Electric, ABB, Alstom, Schweitzer Engg
Lab, Cooper power Systems, Siemens and NovaTechamong and others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Substation Automation related investment & spending and
developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Substation
Automation market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Substation Automation market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as General Electric,
ABB, Alstom, Schweitzer Engg Lab, Cooper power Systems, Siemens and
NovaTechamong and
among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government initiatives,
marketing tactics and expansion, and technical up gradation
Ø
The world
market for Substation Automation caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Substation
Automation market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Substation Automation market
v
Identification
of key factors driving investment opportunities in the Substation Automation
market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants