Market Research Report
Global Substation Automation Market Analysis & Trends - Industry Forecast to 2028
|Published by||Accuray Research||Product code||942209|
|Published||Content info||139 Pages
Delivery time: 2-3 business days
|Global Substation Automation Market Analysis & Trends - Industry Forecast to 2028|
|Published: June 1, 2020||Content info: 139 Pages||
The Global Substation Automation Market is poised to grow at a CAGR of around 6.3% by 2028. Some of the prominent trends that the market is witnessing include high initial investment required for automation and increasing demand for renewable energy generation.
Based on communication channel the market is categorized into optical fiber communication, copper wire communication, power line communication and Ethernet.
By industry, substation automation market is segmented into transportation, oil & gas, mining, steel and utility. Furthermore, utility divided into renewables and non-renewables.
Depending on the offering the market is segregated by services, software and hardware. Furthermore, services divided into repair, testing, & maintenance, installation & commissioning, upgrades & retrofits and training & development. Software is segmented into performance management, production management and asset management. Hardware segmented by digital relays, communication channel, capacitor banks, recloser controllers, load tap changers, protective relays, programmable logic controllers, smart meters and other hardware's.
Based on installation type the market is categorized into new installation and retrofit installation.
By module, substation automation market is segmented into SCADA systems, communication networks and intelligent electronic devices. Communication networks is further segregated into wireless communication and wired communication.
Depending on the type the market is segregated by distribution substations and transmission substations.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Rest of the World
Note: Regional tables for North America, Europe, Asia Pacific, Middle East, Latin America and RoW are presented in similar manner as the above