Substation Automation Market by Component, Module and Communication Channel - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4173399
  • Report
  • Region: Global
  • 103 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Abb Ltd.
  • Amperion Inc.
  • Cisco Systems Inc.
  • Ge Grid Solutions
  • Ingeteam
  • Schneider Electric Se
  • MORE
Substation automation market by component (reclose controller, programmable logical controller, capacitor bank controller, digital transducer/smart meter, load tap controller, and communication channel), module (SCADA, IED, and communication network technology), and communication channel (ethernet, power line communication, copper wire communication, and optical fiber communication) - global opportunity analysis and industry forecast, 2014-2022

Global substation automation market was valued at $106,891 million as in 2015 and is expected to reach $154,876 million by 2022, growing at a CAGR of 5.5% from 2016 to 2022. Substation automation is a system that used to control, protect, operate and monitor electricity substations. Substation automation equipment should be able to monitor and control the grid in order to ensure a fast response to real-time events with appropriate actions, and to maintain uninterrupted power services.

Substation automation market is currently in developmental stage. Globally, the demand for electricity is increasing and there is a need to deliver it efficiently. Replacement of old outdated units and emphasis on grid stability and cost reduction are major driving factors for the growth of substation automation market. However, data security concerns act as major restraint. There is global need to shift from coal & gas-based generation to renewable & non-conventional energy resources-based electricity generation, owing to environmental concerns. Substation automation market has high opportunity for growth as green energy requires management of grids and substations using automation techniques.

The global substation automation market is segmented on the basis of module, component, communication channel, and geography. On the basis of component, the market is further sub-divided into programmable logic controller, load tap changer, reclose controller, capacitor bank controller, digital transducer, digital relays, communication channel, and others. Based on the communication channel, it is further segmented into ethernet, copper wire communication, power line communication, and optical fiber communication. Geographical division includes North America, Europe, Asia-pacific, and LAMEA.

Major players in substation automation industry include Ingeteam, Abb Ltd., Schneider Electric Se, Siemens Ag, Amperion Inc., Ge Grid Solutions, Cisco Systems Inc., Eaton Technologies Pvt. Ltd., and Schweitzer Engineering Laboratories, Inc.

Key benefits for stake holders

This report also provides the detailed quantitative analysis of the current market and estimations throughout 2014--2022, which assists in identifying the prevailing market opportunities.
Comprehensive analysis of all regions is provided to determine the prevailing and forthcoming opportunities in these geographies.
Key market players are profiled and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of global substation automation market.
Comprehensive analysis of factors that drive and restrict the growth of the global substation automation market is provided.
exhaustive analysis of the market by module helps in understanding the substation automation that are currently being used along with the variants would eventually gain prominence in the future.
SWOT analysis highlights the internal environment of the leading companies for effective strategy formulation.

Substation Automation Market Key Segments

By Module

Scada
Ied
Communication Network Technology

By Component

Reclose Controller
Programmable Logical Controller
Capacitor Bank Controller
Digital Transducer/Smart Meter
Load Tap Controller
Communication Channel
Digital Relays
Others

By Communication Channel

Ethernet
Power Line Communication
Copper Wire Communication
Optical Fiber Communication

By Geography

North America
U.S.
Mexico
Canada
Europe
Uk
Germany
France
Russia
Rest Of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest Of Asia-Pacific
Lamea
Latin America
Middle East
Africa
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Abb Ltd.
  • Amperion Inc.
  • Cisco Systems Inc.
  • Ge Grid Solutions
  • Ingeteam
  • Schneider Electric Se
  • MORE
Chapter 1 Introduction

1.1 Report Description
1.2 Key Benefits For Stakeholders
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models

Chapter 2 Executive Summery

2.1 Market Snapshot
2.2 CXO Perspective

Chapter 3 Market Overview

3.1 Market Definition And Scope
3.2 Key Findings

3.2.1 Top Impacting Factor
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets

3.3 Porters Five Forces Analysis
3.4 Drivers

3.4.1 Increasing Electricity Demand Throughout The Globe
3.4.2 High Demand For Smart Grids
3.4.3 Need For Up-Gradation Of Existing Networks

3.5 Restraints

3.5.1 Cyber Attack: A Major Challenge To Substation Automation

3.6 Opportunities

3.6.1 Utilization Of Renewable And Non-Conventional Energy Sources

Chapter 4 Global Substation Automation Market By Components

4.1 Introduction
4.2 Reclose Controller

4.2.1 Key Market Trends
4.2.2 Key Growth Factors And Opportunities
4.2.3 Market Size And Forecast
4.2.4 North America Reclose Controller Market, ($Million), Growth (%) 2014-2022
4.2.5 Europe Reclose Controller Market, ($Million), Growth (%) 2014-2022
4.2.6 Asia-Pacific Reclose Controller Market, ($Million), Growth (%) 2014-2022
4.2.7 Lamea Reclose Controller Market, ($Million), Growth (%) 2014-2022

4.3 Programmable Logic Controller

4.3.1 Key Market Trends
4.3.2 Key Growth Factors And Opportunities
4.3.3 Market Size And Forecast
4.3.4 North America Programmable Logic Controller Market, ($Million), Growth (%) 2014-2022
4.3.5 Europe Programmable Logic Controller Market, ($Million), Growth (%) 2014-2022
4.3.6 Asia Pacific Programmable Logic Controller Market, ($Million), Growth (%) 2014-2022
4.3.7 Lamea Programmable Logic Controller Market, ($Million), Growth (%) 2014-2022

4.4 Capacitor Bank Controller

4.4.1 Key Market Trends
4.4.2 Key Growth Factors And Opportunities
4.4.3 Market Size And Forecast
4.4.4 North America Capacitor Bank Controller Market, ($Million), Growth (%) 2014-2022
4.4.5 Europe Capacitor Bank Controller Market, ($Million), Growth (%) 2014-2022
4.4.6 Asia-Pacific Capacitor Bank Controller Market, ($Million), Growth (%) 2014-2022
4.4.7 Lamea Capacitor Bank Controller Market, ($Million), Growth (%) 2014-2022

4.5 Digital Transducer/Smart Meter

4.5.1 Key Market Trends
4.5.2 Key Growth Factors And Opportunities
4.5.3 Market Size And Forecast
4.5.4 North America Digital Transducer/Smart Meter Market, ($Million), Growth (%) 2014-2022
4.5.5 Europe Digital Transducer/Smart Meter Market, ($Million), Growth (%) 2014-2022
4.5.6 Asia-Pacific Digital Transducer/Smart Meter Market, ($Million), Growth (%) 2014-2022
4.5.7 Lamea Digital Transducer/Smart Meter Market, ($Million), Growth (%) 2014-2022

4.6 Load Tap Controller

4.6.1 Key Market Trends
4.6.2 Key Growth Factors And Opportunities
4.6.3 Market Size And Forecast
4.6.4 North America Load Tap Controller Market, ($Million), Growth (%) 2014-2022
4.6.5 Europe Load Tap Controller Market, ($Million), Growth (%) 2014-2022
4.6.6 Asia-Pacific Load Tap Controller Market, ($Million), Growth (%) 2014-2022
4.6.7 Lamea Load Tap Controller Market, ($Million), Growth (%) 2014-2022

4.7 Communication Channel

4.7.1 Key Growth Factors And Opportunities
4.7.2 Market Size And Forecast
4.7.3 North America Communication Channel Market, ($Million), Growth (%) 2014-2022
4.7.4 Europe Communication Channel Market, ($Million), Growth (%) 2014-2022
4.7.5 Asia-Pacific Communication Channel Market, ($Million), Growth (%) 2014-2022
4.7.6 Lamea Communication Channel Market, ($Million), Growth (%) 2014-2022

4.8 Digital Relays

4.8.1 Key Market Trends
4.8.2 Key Growth Factors And Opportunities
4.8.3 Market Size And Forecast
4.8.4 North America Digital Relays Market, ($Million), Growth (%) 2014-2022
4.8.5 Europe Digital Relays Market, ($Million), Growth (%) 2014-2022
4.8.6 Asia-Pacific Digital Relays Market, ($Million), Growth (%) 2014-2022
4.8.7 Lamea Digital Relays Market, ($Million), Growth (%) 2014-2022

4.9 Other Components

4.9.1 Key Growth Factors And Opportunities
4.9.2 Market Size And Forecast
4.9.3 North America Other Components Market, ($Million), Growth (%) 2014-2022
4.9.4 Europe Other Components Market, ($Million), Growth (%) 2014-2022
4.9.5 Asia-Pacific Other Components Market, ($Million), Growth (%) 2014-2022
4.9.6 Lamea Other Components Market, ($Million), Growth (%) 2014-2022

Chapter 5 Global Substation Automation Market, By Module

5.1 Introduction
5.2 Scada

5.2.1 Key Market Trends
5.2.2 Key Growth Factors And Opportunities
5.2.3 Market Size And Forecast
5.2.4 North America Scada Market, ($Million), Growth (%) 2014-2022
5.2.5 Europe Scada Market, ($Million), Growth (%) 2014-2022
5.2.6 Asia-Pacific Scada Market, ($Million), Growth (%) 2014-2022
5.2.7 Lamea Scada Market, ($Million), Growth (%) 2014-2022

5.3 Ied

5.3.1 Key Market Trends
5.3.2 Key Growth Factors And Opportunities
5.3.3 Market Size And Forecast
5.3.4 North America Ied Market, ($Million), Growth (%) 2014-2022
5.3.5 Europe Ied Market, ($Million), Growth (%) 2014-2022
5.3.6 Asia-Pacific Ied Market, ($Million), Growth (%) 2014-2022
5.3.7 Lamea Ied Market, ($Million), Growth (%) 2014-2022

5.4 Communication Network

5.4.1 Key Market Trends
5.4.2 Key Growth Factors And Opportunities
5.4.3 Market Size And Forecast
5.4.4 North America Communication Network Market, ($Million), Growth (%) 2014-2022
5.4.5 Europe Communication Network Market, ($Million), Growth (%) 2014-2022
5.4.6 Asia-Pacific Communication Network Market, ($Million), Growth (%) 2014-2022
5.4.7 Lamea Communication Network Market, ($Million), Growth (%) 2014-2022

Chapter 6 Global Substation Automation Market, By Communication Channel

6.1 Introduction
6.2 Ethernet

6.2.1 Key Market Trends
6.2.2 Key Growth Factors And Opportunities
6.2.3 Market Size And Forecast
6.2.4 North America Ethernet Market, ($Million), Growth (%) 2014-2022
6.2.5 Europe Ethernet Market, ($Million), Growth (%) 2014-2022
6.2.6 Asia-Pacific Ethernet Market, ($Million), Growth (%) 2014-2022
6.2.7 Lamea Ethernet Market, ($Million), Growth (%) 2014-2022

6.3 Power Line Communication

6.3.1 Key Market Trends
6.3.2 Key Growth Factors And Opportunities
6.3.3 Market Size And Forecast
6.3.4 North America Power Line Communication Market, ($Million), Growth (%) 2014-2022
6.3.5 Europe Power Line Communication Market, ($Million), Growth (%) 2014-2022
6.3.6 Asia-Pacific Power Line Communication Market, ($Million), Growth (%) 2014-2022
6.3.7 Lamea Power Line Communication Market, ($Million), Growth (%) 2014-2022

6.4 Copper Wire Communication

6.4.1 Key Market Trends
6.4.2 Key Growth Factors And Opportunities
6.4.3 Market Size And Forecast
6.4.4 North America Copper Wire Communication Market, ($Million), Growth (%) 2014-2022
6.4.5 Europe Copper Wire Communication Market, ($Million), Growth (%) 2014-2022
6.4.6 Asia-Pacific Copper Wire Communication Market, ($Million), Growth (%) 2014-2022
6.4.7 Lamea Copper Wire Communication Market, ($Million), Growth (%) 2014-2022

6.5 Optical Fiber Communication

6.5.1 Key Market Trends
6.5.2 Key Growth Factors And Opportunities
6.5.3 Market Size And Forecast
6.5.4 North America Optical Fiber Communication Market, ($Million), Growth (%) 2014-2022
6.5.5 Europe Optical Fiber Communication Market, ($Million), Growth (%) 2014-2022
6.5.6 Asia-Pacific Optical Fiber Communication Market, ($Million), Growth (%) 2014-2022
6.5.7 Lamea Optical Fiber Communication Market, ($Million), Growth (%) 2014-2022

Chapter 7 Global Substation Automation Market, By Geography

7.1 Introduction
7.2 North America

7.2.1 Key Market Trends
7.2.2 Key Growth Factors And Opportunities
7.2.3 Market Size And Forecast

7.3 Europe

7.3.1 Key Market Trends
7.3.2 Key Growth Factors And Opportunities
7.3.3 Market Size And Forecast

7.4 Asia-Pacific

7.4.1 Key Market Trends
7.4.2 Key Growth Factors And Opportunities
7.4.3 Market Size And Forecast

7.5 Lamea

7.5.1 Key Market Trends
7.5.2 Key Growth Factors And Opportunities
7.5.3 Market Size And Forecast
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Ltd.
  • Amperion Inc.
  • Cisco Systems Inc.
  • Ge Grid Solutions
  • Ingeteam
  • Schneider Electric Se
  • MORE
Substation Automation Market Report, the global substation automation market was valued at $106,891 million in 2015, and is estimated to reach $154,786 million by 2022, growing at a CAGR of 5.5% during the forecast period. North America accounted for the highest revenue share in 2015, and is anticipated to maintain its dominance throughout the forecast period.

Substations are critical part of electrical infrastructure, and substation automation market is expected to witness significant growth in the future, owing to consistent rise in demand for electricity. Increase in utilization of renewable and non-conventional energy resources, such as wind, solar, and hydel energy; expansion of power networks; and energy and cost-saving benefits of substation automation drive the market growth. Susceptibility to cyber-attacks is a major restrain for market growth.

Based on component type, substation automation market is segmented into reclose controller, programmable logic controller, capacitor bank controller, digital transducer/smart meter, load tap controller, communication channel, digital relays, and others. Communication channel segment generated the highest revenue, accounting for $22,984 million in 2015, and is expected to grow at the highest CAGR of 10.9% to reach$47,324 million by 2022.

Based on module type, the substation automation market is segmented into SCADA, IEDs, and communication network. IEDs was the highest revenue-generating segment, accounting for $82,216 million in 2015. However, SCADA segment is expected to witness a CAGR of 9.5% to reach $1,551 million by 2022.

Based on technology type, the market is segmented into Ethernet, power line communication, copper wire communication, and optical fiber communication. Copper wire communication technology was the highest revenue-generating segment, which accounted for $49,672 million in 2015. However, power line communication segment is expected to witness high growth over the forecast period at a CAGR of 8.8% to reach $13,571 million by 2022.

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and
LAMEA. North America was the highest revenue-generating segment, valued at $37,106 million in 2015, and is expected to reach$52,085 million by 2022, growing at a CAGR of 5.0%. However, Asia-Pacific is expected to grow at the highest CAGR of 6.1%. Europe and Asia Pacific are second and third leading region for substation automation market, respectively.

Key Findings OfSubstation Automation Market

In 2015, communication channel led the overall substation automation market, and is projected to grow at a CAGR of 10.9% during the forecast period.
IEDs led the overall market in 2015, and is projected to grow at a CAGR of 3.3%.
Power line communication technology segment is expected to grow at a significant CAGR of 8.8%.
North America accounted for the largest market share in 2015, and is anticipated to grow at a CAGR of 5.0%.
Note: Product cover images may vary from those shown
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  • Ingeteam
  • Abb Ltd.
  • Schneider Electric Se
  • Siemens Ag
  • Amperion Inc.
  • Ge Grid Solutions
  • Cisco Systems Inc.
  • Eaton Technologies Pvt. Ltd.
  • Schweitzer Engineering Laboratories
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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