Market Research Report
Global Substation Automation Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||274796|
|Published||Content info||92 Pages
Delivery time: 1-2 business days
|Global Substation Automation Market 2017-2021|
|Published: June 7, 2017||Content info: 92 Pages||
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.
Technavio's analysts forecast the global substation automation market to grow at a CAGR of 7.17% during the period 2017-2021.
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:
Technavio's 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.
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