Global Substation Automation Market 2017-2021

  • ID: 4307407
  • Report
  • Region: Global
  • 92 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Atlantic City Electric
  • Cisco
  • Eaton
  • Eaton
  • G&W Electric
  • MORE
About 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

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 drivers
- Growing need for remote operations due to rising demand for electricity
- For a full, detailed list, view the full report

Market challenges
- Growing complexity in communication among devices due to interoperability issue
- For a full, detailed list, view the full report

Market trends
- Adoption of Internet of things (IoT) into power systems
- For a full, detailed list, view the full 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 theKey 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Atlantic City Electric
  • Cisco
  • Eaton
  • Eaton
  • G&W Electric
  • MORE
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

PART 12: Vendor landscape
  • Competitive Landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • Eaton
  • Grid Solutions
  • Schneider Electric
  • Siemens
PART 14: Key Takeaway

PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Three benefits of substation automation
Exhibit 02: Impact level of drivers and challenges on growth of the global substation automation market
Exhibit 03: Segmentation of global substation automation market
Exhibit 04: Supply chain of substation automation market
Exhibit 05: Key market dynamics
Exhibit 06: Global substation automation market 2016-2021 ($ billions)
Exhibit 07: Performance of global substation automation market
Exhibit 08: Product lifecycle stage of the global substation automation market in developed and developing countries
Exhibit 09: Market segmentation of substation automation market by revenue generating segment 2016
Exhibit 10: Five forces analysis
Exhibit 11: Global substation automation market by product type 2016 and 2021 (%)
Exhibit 12: Global substation automation market by transmission 2016-2021 ($ billions)
Exhibit 13: Profile of power transmission and distribution
Exhibit 14: Factors influencing transmission segment
Exhibit 15: Global substation automation market by distribution 2016-2021 ($ billions)
Exhibit 16: Performance of global substation automation market by distribution
Exhibit 17: Factors influencing global substation automation market by distribution
Exhibit 18: Global substation automation market by end-user 2016 and 2021
Exhibit 19: Global substation automation market for industrial sector 2016-2021 ($ billions)
Exhibit 20: Performance of global substation automation market for industrial sector
Exhibit 21: Global substation automation market for commercial sector 2016-2021 ($ billions)
Exhibit 22: Performance of global substation automation market for commercial sector
Exhibit 23: Global substation automation market for residential sector 2016-2021 ($ billions)
Exhibit 24: Performance of global substation automation market for residential sector
Exhibit 25: Global substation automation market by geography 2016 and 2021
Exhibit 26: Substation automation market in EMEA 2016-2021 ($ billions)
Exhibit 27: Performance of global substation automation market in EMEA
Exhibit 28: Substation automation market in Americas 2016-2021 ($ billions)
Exhibit 29: Performance of global substation automation market in Americas
Exhibit 30: Key commercial projects in North America
Exhibit 31: Substation automation market in APAC 2016-2021 ($ billions)
Exhibit 32: Performance of global substation automation market in APAC
Exhibit 33: Recent big commercial projects in India
Exhibit 34: Recent substation automation project in APAC
Exhibit 35: Benefits of predictive maintenance and low outage duration
Exhibit 36: Factors that affect performance of power transmission and distribution
Exhibit 37: Impact of IoT on substation automation market
Exhibit 38: Impact of competitors on global substation automation market 2016 and 2021
Exhibit 39: List of prominent vendors
Exhibit 40: ABB: Business strategy
Exhibit 41: ABB: Product portfolio
Exhibit 42: Substation automation tools model and application
Exhibit 43: ABB: Recent developments
Exhibit 44: Eaton: Business strategy
Exhibit 45: Eaton: Product portfolio
Exhibit 46: Eaton: Recent development
Exhibit 47: Grid Solution: Business strategy
Exhibit 48: Grid Solutions: Major product portfolio
Exhibit 49: Grid Solutions: Recent development
Exhibit 50: Schneider Electric: Business strategy
Exhibit 51: Schneider Electric: Major product portfolio
Exhibit 52: Schneider Electric: Recent development
Exhibit 53: Siemens: Business strategy
Exhibit 54: Siemens: Major product portfolio
Exhibit 55: Substation automation software for controlling, monitoring, and diagnostics
Exhibit 56: Siemens: Recent development
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FEATURED COMPANIES

  • ABB
  • Atlantic City Electric
  • Cisco
  • Eaton
  • Eaton
  • G&W Electric
  • MORE
New Report Released: – Global Substation Automation Market 2017-2021

The author of the report recognizes the following companies as the key players in the global substation automation market: ABB, Eaton, Grid Solutions, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Atlantic City Electric, Cisco, Eaton, G&W Electric, Kalkitech, and Kyland Technology.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is adoption of Internet of things (IoT) into power systems. The Internet of things (IoT) is becoming the next generation technology for utility companies to transmit and distribute power between generating station and distribution substation. At present, the IoT has already discovered its pathway into the grid automation to bring revolution in modernized communication. Similarly, the enormous benefits of IoT have been continuously increasing the adoption rate of smart devices into the substation.”

According to the report, one of the major drivers for this market is growing need for remote operations due to rising demand for electricity. The rising population and urbanization are ramping up the electricity demand worldwide. Thus, a huge mismatch is experienced between electricity supply and demand for last many years. Moreover, a variation of load demand to a large extent all through the year is the major difficulty that complicates the situation. Thus, utility and generation companies must constantly match supply and demand every second to maintain reliability on the power system.

Further, the report states that one of the major factors hindering the growth of this market is growing complexity in communication among devices due to interoperability issue. Interoperability issue in substation automation has become a prime concern for smart grid due to the growing number of the interconnected device. As system integrators are using smart devices from different vendors, the communication between these devices are becoming a difficult task due to lack of standard protocols. Further, the cost of substation automation has increased significantly due to rising interoperability issues within the existing systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ABB
  • Eaton
  • Grid Solutions
  • Schneider Electric
  • Siemens
  • Atlantic City Electric
  • Cisco
  • Eaton
  • G&W Electric
  • Kalkitech
  • Kyland Technology.
Note: Product cover images may vary from those shown
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