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Market Research Report

Asia Pacific Digital Substation Market Forecast 2019-2027

Published by Inkwood Research Product code 660263
Published Content info 106 Pages
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Asia Pacific Digital Substation Market Forecast 2019-2027
Published: October 11, 2019 Content info: 106 Pages
Description

KEY FINDINGS

The Asia Pacific market for the digital substation is predicted to project the fastest growth with a CAGR of 6.40% during the forecasted period, 2019-2027. The active government activities and the increasing demand for power, are the factors influencing the growth of the market in a positive manner.

MARKET INSIGHTS

The Asia Pacific market is segregated on the basis of the markets situated in the regions, such as Australia, South Korea, China, India, Japan, and the Rest of Asia Pacific. There is an increasing demand for power in regions like India, Japan, and China, owing to the rapidly increasing urbanization, population, and industrialization. The demands of the consumers are being met due to the evolving power network. This is because of the digital substation, which provides the benefits of multiple efficiencies. It also caters to the power demands from sectors like railways and industries, which form the backbone for the emerging economies of the region. All such factors, coupled with the timely interventions by the government through funding in renewable energy projects, are helping the growth of the overall market. The digital substation finds its applications in these factors. As of 2018, the largest market share belonged to the Asia Pacific region, and the region is set to witness the highest growth during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading companies in the market are Siemens Ag, Nr Electric Co., Ltd., S&C Electric Company, Igrid T&D (Acquired By Thytronic Group), Tekvel, Schneider Electric, Larsen & Toubro, I-Tor, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation cater to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Table of Contents
Product Code: 17943

Table of contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. HARDWARE IS THE MAJORLY USED MODULE FOR DIGITAL SUBSTATION
    • 3.2.2. TRANSMISSION SUBSTATION IS THE LARGEST TYPE OF DIGITAL SUBSTATION
    • 3.2.3. 220-550 kV VOLTAGE DIGITAL SUBSTATIONS ARE THE FASTEST-GROWING AMONG OTHER VOLTAGE SEGMENTS
    • 3.2.4. TRANSPORTATION IS RAPIDLY ADOPTING DIGITAL SUBSTATION

4. MARKET DYNAMICS

  • 4.1. MARKET DEFINITION & SCOPE
  • 4.2. MARKET DRIVERS
    • 4.2.1. RISE IN POWER DEMAND WITH LIMITED SPACE AVAILABILITY
    • 4.2.2. INCREASING INFRASTRUCTURE DEVELOPMENT IN SMART CITIES
    • 4.2.3. IMPROVED SAFETY AND REDUCED MAINTENANCE COSTS
    • 4.2.4. RISING DEMAND FOR REPLACING TRADITIONAL SUBSTATION INFRASTRUCTURE
  • 4.3. MARKET RESTRAINTS
    • 4.3.1. HIGH INITIAL INVESTMENT
  • 4.4. MARKET OPPORTUNITIES
    • 4.4.1. GROWING DEMAND FOR RENEWABLE ENERGY PROJECTS
    • 4.4.2. RISING DEMAND FOR BATTERY TECHNOLOGY
    • 4.4.3. TECHNOLOGICAL ADVANCEMENTS IN DIGITAL SUBSTATIONS
  • 4.5. MARKET CHALLENGES
    • 4.5.1. CONTROLLING CYBERSECURITY RISKS

5. MARKET BY MODULE

  • 5.1. HARDWARE
    • 5.1.1. TRANSFORMERS
    • 5.1.2. BUSBARS
    • 5.1.3. PROTECTION DEVICES
      • 5.1.3.1. CIRCUIT BREAKERS
      • 5.1.3.2. PROTECTIVE RELAY
      • 5.1.3.3. SWITCHGEAR
    • 5.1.4. INTERFACING UNITS
      • 5.1.4.1. HUMAN-MACHINE INTERFACES
      • 5.1.4.2. REMOTE TERMINAL UNITS
      • 5.1.4.3. PROGRAMMABLE LOGIC CONTROLLERS
  • 5.2. FIBER OPTIC COMMUNICATION NETWORK
  • 5.3. SCADA SYSTEMS

6. MARKET BY TYPE

  • 6.1. TRANSMISSION SUBSTATION
  • 6.2. DISTRIBUTION SUBSTATION

7. MARKET BY VOLTAGE

  • 7.1. UP TO 220 KV
  • 7.2. 220-550 KV
  • 7.3. ABOVE 550 KV

8. MARKET BY INDUSTRY

  • 8.1. UTILITY
    • 8.1.1. NON-RENEWABLES
    • 8.1.2. RENEWABLES
  • 8.2. METAL
  • 8.3. MINING
  • 8.4. OIL & GAS
  • 8.5. TRANSPORTATION

9. KEY ANALYTICS

  • 9.1. PORTER'S FIVE FORCE MODEL
    • 9.1.1. THREAT OF NEW ENTRANTS
    • 9.1.2. THREAT OF SUBSTITUTE
    • 9.1.3. BARGAINING POWER OF SUPPLIERS
    • 9.1.4. BARGAINING POWER OF BUYERS
    • 9.1.5. INTENSITY OF COMPETITIVE RIVALRY
  • 9.2. KEY BUYING CRITERIA
  • 9.3. VALUE CHAIN ANALYSIS
  • 9.4. REGULATORY FRAMEWORK
  • 9.5. OPPORTUNITY MATRIX
  • 9.6. VENDOR LANDSCAPE

10. GEOGRAPHICAL ANALYSIS

  • 10.1. ASIA PACIFIC
    • 10.1.1. INDIA
    • 10.1.2. CHINA
    • 10.1.3. JAPAN
    • 10.1.4. SOUTH KOREA
    • 10.1.5. AUSTRALIA
    • 10.1.6. REST OF ASIA PACIFIC

11. COMPETITIVE LANDSCAPE

  • 11.1. COMPANY PROFILES
    • 11.1.1. ABB Group
    • 11.1.2. CISCO
    • 11.1.3. EATON CORPORATION
    • 11.1.4. EMERSON ELECTRIC
    • 11.1.5. FUJI ELECTRIC
    • 11.1.6. GENERAL ELECTRIC COMPANY
    • 11.1.7. HONEYWELL INTERNATIONAL INC
    • 11.1.8. LARSEN & TOUBRO
    • 11.1.9. IGRID T&D (ACQUIRED BY THYTRONIC GROUP)
    • 11.1.10. SCHNEIDER ELECTRIC
    • 11.1.11. SIEMENS AG
    • 11.1.12. NR ELECTRIC CO., LTD.
    • 11.1.13. I-TOR
    • 11.1.14. S&C ELECTRIC COMPANY
    • 11.1.15. TEKVEL

LIST OF TABLES

  • TABLE 1: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
  • TABLE 2: REGION-WISE POWER CONSUMPTION (IN TERAWATT-HOURS)
  • TABLE 3: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY MODULE, 2019-2027 (IN $ MILLION)
  • TABLE 4: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
  • TABLE 5: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY VOLTAGE, 2019-2027 (IN $ MILLION)
  • TABLE 6: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY INDUSTRY, 2019-2027 (IN $ MILLION)
  • TABLE 7: OPPORTUNITY MATRIX
  • TABLE 8: VENDOR LANDSCAPE
  • TABLE 9: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1: ASIA PACIFIC DIGITAL SUBSTATION MARKET SHARE, BY INDUSTRY, 2018 & 2027 (%)
  • FIGURE 2: ASIA PACIFIC HARDWARE MARKET, 2019 - 2027 (IN $ MILLION)
  • FIGURE 3: ASIA PACIFIC TRANSMISSION SUBSTATION MARKET, 2019 - 2027 (IN $ MILLION)
  • FIGURE 4: ASIA PACIFIC 220-550 KV VOLTAGE DIGITAL SUBSTATIONS MARKET, 2019 - 2027 (IN $ MILLION)
  • FIGURE 5: ASIA PACIFIC TRANSPORTATION MARKET, 2019 - 2027 (IN $ MILLION)
  • FIGURE 6: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 7: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY TRANSFORMERS, 2019-2027 (IN $ MILLION)
  • FIGURE 8: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY BUSBAR, 2019-2027 (IN $ MILLION)
  • FIGURE 9: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROTECTION DEVICES, 2019-2027 (IN $ MILLION)
  • FIGURE 10: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY CIRCUIT BREAKERS, 2019-2027 (IN $ MILLION)
  • FIGURE 11: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROTECTIVE RELAY, 2019-2027 (IN $ MILLION)
  • FIGURE 12: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY SWITCHGEARS, 2019-2027 (IN $ MILLION)
  • FIGURE 13: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY INTERFACING UNITS, 2019-2027 (IN $ MILLION)
  • FIGURE 14: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY HUMAN-MACHINE INTERFACES, 2019-2027 (IN $ MILLION)
  • FIGURE 15: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY REMOTE TERMINAL UNITS, 2019-2027 (IN $ MILLION)
  • FIGURE 16: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROGRAMMABLE LOGIC CONTROLLERS, 2019-2027 (IN $ MILLION)
  • FIGURE 17: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY FIBER OPTIC COMMUNICATION NETWORK, 2019-2027 (IN $ MILLION)
  • FIGURE 18: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY SCADA SYSTEMS, 2019-2027 (IN $ MILLION)
  • FIGURE 19: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TRANSMISSION SUBSTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 20: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY DISTRIBUTION SUBSTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 21: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY UP TO 220 KV, 2019-2027 (IN $ MILLION)
  • FIGURE 22: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY 220-550 KV DIGITAL SUBSTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 23: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY ABOVE 550 KV DIGITAL SUBSTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 24: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY UTILITY, 2019-2027 (IN $ MILLION)
  • FIGURE 25: ASIA PACIFIC DIGITAL SUBSTATION UTILITY MARKET, BY NON-RENEWABLES, 2019-2027 (IN $ MILLION)
  • FIGURE 26: ASIA PACIFIC DIGITAL SUBSTATION UTILITY MARKET, BY RENEWABLES, 2019-2027 (IN $ MILLION)
  • FIGURE 27: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY METAL, 2019-2027 (IN $ MILLION)
  • FIGURE 28: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY MINING, 2019-2027 (IN $ MILLION)
  • FIGURE 29: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY OIL & GAS, 2019-2027 (IN $ MILLION)
  • FIGURE 30: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)
  • FIGURE 31: PORTER'S FIVE FORCE MODEL
  • FIGURE 32: ASIA PACIFIC DIGITAL SUBSTATION MARKET, COUNTRY OUTLOOK, 2018 & 2027 (%)
  • FIGURE 33: INDIA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 34: CHINA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 35: JAPAN DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 36: SOUTH KOREA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 37: AUSTRALIA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 38: REST OF ASIA PACIFIC DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)
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