IEC 61850 Routers and Switches in Smart Grid - Markets Analysis and Forecasts to 2016

GlobalData, February 2011, Pages: 51

IEC 61850 Routers and Switches in Smart Grid - Markets Analysis and Forecasts to 2016

Summary

The roll out of smart grids has gathered pace globally. The automation of substations is the key requirement in creating a smart grid. The global standard that has been developed to aid substation automation in smart grids is the IEC 61850. Developed by The International Electrotechnical Commission (IEC), this protocol enhances security and facilitates interoperability in power substations. The global market for IEC 61850 compliant routers and switches is at an introductory stage, with the growth confined to specific regions. The rudimentary nature of the global routers and switches market can be attributed to the new technology that is yet to be adopted across the global utility industry.

Scope

- Market size and forecasts of global IEC 61850 switches market
- Competition analysis for key players in global IEC 61850 switches market
- Market Share Analysis of key players in global IEC 61850 switches market
- Product and pricing analysis for offerings from key vendors
- Data sourced from GlobalData databases, secondary research and primary interviews with key participants across the value chain.

Reasons to buy

- Facilitate decision-making based on strong historic and forecast data for global IEC 61850 switches market
- Develop strategies for market penetration and product development
- Position yourself to gain the maximum advantage of the global IEC 61850 switches and routers' market growth potential
- Identify key partners and business development avenues
- Respond to your competitors’ business structure, strategy and prospects

1 Table of contents
1 Table of contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Global Routers and Switches Industry
2.2 Report Guidance
3 Smart Grid Routers and Switches Market Sizing
3.1 Overview
3.2 Global Market for IEC 61850 Compliant Routers and Switches
3.3 European Markets for IEC 61850 Compliant Routers and Switches
3.4 North American Markets for IEC 61850 Compliant Routers and Switches
4 Smart Grid Routers and Switches Market Analysis
4.1 Key Drivers for Growth of the Global IEC 61850 Compliant Routers and Switches Market
4.1.1 Decrease in Cost of Technology Integration
4.1.2 Decrease in Commissioning and Extension Costs
4.1.3 Popularity of Ethernet Technology with Respect to Competing Technologies
4.1.4 Global Drive for Smart Grid Implementation
4.1.5 Rugged Nature of IEC 61850 Products
4.1.6 Expansion of Market Driven Solutions for Wide Area Networks (WAN)
4.1.7 Improvement in Communication between Substation and Control Center
4.2 Key Barriers to the Growth of the Global IEC 61850 Compliant Routers and Switches Market
4.2.1 Threat from Cyber Attacks
4.2.2 Lack of Skilled Personnel
4.2.3 Interoperability is Yet to be Proven
4.3 Michael Porter’s Five Forces Analysis of the Global Smart Grid Routers and Switches Market
4.3.1 Supplier Power
4.3.2 Buyer’s Power
4.3.3 Competitive Rivalry
4.3.4 Threat of Substitution
4.3.5 Threat of New Entry
4.4 Pricing Structure Analysis of the Global Smart Grid Routers and Switches Market
4.4.1 Pricing Structure Analysis of IEC 61850 Compliant Routers
4.4.2 Pricing Structure Comparison Across Major Ethernet Switches Manufacturers
5 Smart Grid Substation Automation Technology Overview
5.1 Smart Grid
5.2 Substation Automation in Smart Grid
5.2.1 Communication Protocols in Substation Automation
6 Competitive Landscape Analysis
6.1 Market Share Analysis of Major Players in the Global IEC 61850 Routers and Switches Market
6.2 Market Share Analysis of Major Players in the US IEC 61850 Routers and Switches Market
6.3 Market Share Analysis of Major Players in the Chinese IEC 61850 Routers and Switches Market
6.4 Comparative Product Analysis of Smart Grid Switches Vendors
6.5 Comparative Product Analysis of Smart Grid Routers Vendors
6.6 Comparative Product Analysis for Vendors of Mixed Functionality Products
6.7 Key Players Analysis
6.7.1 Cisco Systems
6.7.2 GarrettCom
6.7.3 Hirschmann
6.7.4 RuggedCom
6.7.5 Sixnet
6.7.6 Moxa Inc.
7 Key Support Data
7.1 IEC 61850 Compliant Switches Available from Leading Global Manufacturers
7.2 IEC 61850 Compliant Routers Available from Leading Global Manufacturers
8 Appendix
8.1 Market Definitions
8.2 Abbreviations
8.3 About Smart Grid eTrack
8.4 ’s Methodology
8.4.1 Coverage
8.4.2 Secondary Research
8.4.3 Primary Research
8.4.4 Expert Panel Validation
8.5 Contact Us
8.6 Disclaimer

1.1 List of Tables
Table 1: IEC 61850 Router and Switch Market, Global, Segmentation of Market by Region, $m, 2010
Table 2: IEC 61850 Router and Switch Market, Global, Market Revenues ($m), 2009-2016
Table 3: IEC 61850 Router and Switch Market, Europe, Segmentation of Market by Key Countries, $m, 2010
Table 4: IEC 61850 Router and Switch Market, North America, Segmentation of Market by Key Countries, $m, 2010
Table 5: Global, Porter’s Five Forces Analysis for Smart Grid Enabling Routers and Switches Market
Table 6: IEC 61850 Switch Market, Global, Price Range Analysis of 8-Port IEC 61850 Switches ($), 2010
Table 7: IEC 61850 Switch Market, Global, Price Range Analysis of 28/32-Port IEC 61850 Switches ($), 2010
Table 8: IEC 61850 Routers and Switches Market, Global, Revenue Share of Companies, $m, 2010
Table 9: IEC 61850 Routers and Switches Market, the US, Revenue Share of Major Players, $m, 2010
Table 10: IEC 61850 Routers and Switches Market, China, Revenue Share of Major Players, $m, 2010
Table 11: IEC 61850 Switches Market, Global, Product Category Comparison by Manufacturer, 2010
Table 12: IEC 61850 Switches Market, Global, Product Count by Number of Ports, 2010
Table 13: IEC 61850 Switches Market, Global, Competitor Product Comparison by Number of Ports (List-1), 2010
Table 14: IEC 61850 Switches Market, Global, Competitor Product Comparison by Number of Ports (List-2), 2010
Table 15: IEC 61850 Switches Market, Global, Product Count by Type of Mounting, 2010
Table 16: Global IEEE Standards for IEC 61850 Switches
Table 17: IEC 61850 Routers Market, Global, Product Comparison by Type of Mounting, 2010
Table 18: IEC 61850 Routers Market, Global, Product Comparison by Type of Ports, 2010
Table 19: IEC 61850 Routers and Switches Market, Global, Product Comparison by Type of Ports, 2010
Table 20: IEC 61850 Routers and Switches Market, Global, Mixed Functionality Product Comparison by Type of Ports, 2010
Table 21: Cisco Systems, Inc., Key Facts
Table 22: Major Products and Services
Table 23: GarrettCom, Inc., Key Facts
Table 24: Major Products and Services
Table 25: Hirschmann Automation And Control, Inc., Key Facts
Table 26: Major Products and Services
Table 27: RuggedCom Inc., Key Facts
Table 28: Major Products and Services
Table 29: Sixnet, LLC, Key Facts
Table 30: Major Products and Services
Table 31: Moxa Inc., Key Facts
Table 32: Major Products and Services
Table 33: IEC 61850 Switches Market, Global, Listing of IEC 61850 Compliant Switches by Vendor, 2010
Table 34: IEC 61850 Routers Market, Global, Listing of IEC 61850 Compliant Routers by Vendor, 2010
Table 35: Table of Abbreviations

1.2 List of Figures
Figure 1: IEC 61850 Routers and Switches Market, Global, Market Stages, 2008-2016
Figure 2: IEC 61850 Router and Switch Market, Global, Segmentation of Market by Region (%), 2010
Figure 3: IEC 61850 Router and Switch Market, Global, Market Revenues ($m), 2009-2016
Figure 4: IEC 61850 Router and Switch Market, Europe, Segmentation of Market by Key Countries (%), 2010
Figure 5: IEC 61850 Router and Switch Market, North America, Segmentation of IEC 61850 Switches Market by Key Countries (%), 2010
Figure 6: IEC 61850 Switch Market, Global, Price Range Analysis of 8-Port IEC 61850 Switches ($), 2010
Figure 7: IEC 61850 Switch Market, Global, Price Range Analysis of 28/32-Port IEC 61850 Switches ($), 2010
Figure 8: IEC 61850 Routers and Switches Market, Global, Market Share of Companies (%), 2010
Figure 9: IEC 61850 Routers and Switches Market, the US, Market Share of Major Players (%), 2010
Figure 10: IEC 61850 Routers and Switches Market, China, Market Share of Major Players (%), 2010
Figure 11: IEC 61850 Switches Market, Global, Product Category Comparison by Manufacturer, 2010
Figure 12: IEC 61850 Switches Market, Global, Product Count by Number of Ports, 2010
Figure 13: IEC 61850 Switches Market, Global, Competitor Product Comparison by Number of Ports, 2010
Figure 14: IEC 61850 Switches Market, Global, Product Share by Type of Mounting (%), 2010

The authors’s new report “IEC 61850 Routers and Switches in Smart Grid – Markets Analysis and Forecasts to 2016” is a detailed account of the global market for IEC 61850 compliant routers and switches. The report covers the market elements related to IEC 61850 compliant routers and switches. IEC 61850 routers and switches play a pivotal role in implementing smart grid norms through substation automation. The report covers various aspects of these routers and switches, such as market sizing, market analysis and competitive landscape analysis. At the very outset, the report discusses the global market size of the IEC 61850 compliant routers and switches. The report proceeds to explain the IEC 61850 routers and switches industry dynamics across the globe, identifying the key market drivers, industry challenges, product-pricing analysis and also provides a Michael Porter’s Five-Force analysis of the market. The report assesses the competitive scenario in the IEC 61850 compliant routers and switches industry and provides key analytics, such as market share analysis of key players and comparative product analysis.

The IEC 61850 Complaint Routers’ and Switches’ Market to Grow at a Moderate Pace in the Next Five Years

The global market for IEC 61850 compliant routers and switches is unlikely to chart a high-growth path in the next five years. The global market for these products is still less than $150m per year but the market witnessed a steep growth of around 39.5% in 2010 when compared to 2009. This trend is likely to continue till 2012. The market is expected to witness a surge in growth from 2013 onwards. The Compounded Annual Growth Rate (CAGR) for the Switches’ market during the period 2009-2016 is opined to be around 18.2%.

Europe Remains the Leading Market for IEC 61850 Compliant Routers and Switches in 2010

The European market for IEC 61850 routers and switches has surpassed other global regions to emerge as the top revenue generator in 2010. Europe has a global market share of 34%, followed by North America, Asia-Pacific and the Rest-of-the-World. The Asia-Pacific region is quickly emerging as a key market for the IEC 61850 compliant routers and switches trailing closely behind the North American region with a market share of 26%.

Reduction in Cost of Future Technology Integration will Drive the Sale of IEC 61850 Compliant Routers and Switches

The IEC 61850 compliant routers and switches will bring down the cost of technology integration in future. The IEC 61850 standard for substation automation facilitates device integration and interoperability. Unlike legacy communication protocols, IEC 61850 Ethernet products from different vendors can be seamlessly integrated into the communication architecture of substations. This helps to bring down the cost of integration and boosts competition among players in the market for IEC 61850 compliant Ethernet routers and switches.

Cisco Systems
GarrettCom
Hirschmann
RuggedCom
Sixnet
Moxa Inc.

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