Substation Automation Market Next Big Thing | Major Giants Cisco Systems, Schneider Electric, Eaton

September 26 09:56 2019
Substation Automation Market Next Big Thing | Major Giants Cisco Systems, Schneider Electric, Eaton

Substation Automation Market
The Exploration study offers deep assessment of the Global Substation Automation Market and helps market participants to gain a solid base in the industry. The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, historical data, facts and statistically supported and industry certified market data.

It delivers regional exploration of the Global Substation Automation market to expose key prospects presented in different parts of the world. The study is segmented by products type, application/end-users. The competitive scenery is generally appraised along with company profiling of leading players operating in the Global Substation Automation market. Some of the Most Important Key Players Involved in the Study ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (United States), Cisco Systems (United States), Schneider Electric (France), Eaton Corporation Plc. (Ireland), Honeywell International (United States), Larsen & Toubro Limited (India), Schweitzer Engineering Laboratories Inc. (United States) and ETAP (United States).

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Scope of the Study
Substation automation is an intelligent electrical delivery system that is integrated with communications and information technology to enhance grid operations, improve customer service, lower costs. It refers to using data from intelligent electronic devices, control and automation capabilities within the substation. Substation automation system benefits in the Automatic supervision of interlocks, Graphical presentations of safety procedures and others.

In Dec 2018, General Electric and JSC VO Elektroapparat announced the launch production of substation automation solutions in Russia, which enable continuous and efficient control of power grids with scalable solutions tailored to specific need of customer. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Substation Automation market throughout the predicted period.

Market Drivers
•Increasing demand of smart grids
•Rising demand for efficient and low-cost solutions in the solar energy sector

Market Trend
•Increasing demand for retrofitting conventional substations

Opportunities

•Due to increasing adoption of smart grid applications and technology advancement are expected high growth opportunity in this market

Challenges
•The advancement of technology in the power industry has led to increase in the cyberattacks, which become the barrier in this industry

In Aug 2018, ABB announced upgradation of world’s largest substation, which equipped with digital technology to enhance controllability and reliability while optimizing operation costs.

Key Target Audience
Intelligent electronic devices manufacturers, SCADA solution providers and Communication network providers

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MARKET SPLIT BY PRODUCT TYPE AND APPLICATIONS:

The report segments the Global Substation Automation Market on the basis of Types as follows:
Intelligent electronic devices, Communication Networks and SCADA Systems

 

On the basis of Application/End-Users, the Global Substation Automation market is segmented into:
Utility, Steel, Mining, Oil and gas and Transportation

Players Profiled: ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (United States), Cisco Systems (United States), Schneider Electric (France), Eaton Corporation Plc. (Ireland), Honeywell International (United States), Larsen & Toubro Limited (India), Schweitzer Engineering Laboratories Inc. (United States) and ETAP (United States)

Region Analysis
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy and Rest of Europe)
• Middle East and Africa (Turkey, GCC, UAE and South Africa Rest of Middle East)

• Latin America (Brazil, Argentina, Colombia and Rest of L.A.)

Stay up-to-date with Substation Automation market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth as the study avails you with market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, shares, trend and strategies for this market. In the Substation Automation Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.

In this study, the years considered to estimate the market size of the Substation Automation are as follows:

History Year: 2013-2018 | Base Year: 2018 | Estimated Year: 2019 | Forecast Year 2019 to 2024

Research Objectives:

Focuses on the key Global Substation Automation manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
To analyze the Substation Automation with respect to individual future prospects, growth trends and their involvement to the total market.
To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
To deliberately profile the key players and systematically examine their growth strategies.

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Key Points sheathed in the Substation Automation Market Report Coverage:

– Market share study of the top manufacturing players
– Market share debts for the regional and country level segments
– Premeditated references for the new competitors
– Competitive landscaping planning the key common trends
– Tactical endorsements in key business segments based on the market estimations
– Market Trends (Constraints, Drivers, Opportunities, Threats, Challenges, recommendations and Investment Opportunities)
– Company profiling with detailed strategies, financial and latest developments
– Supply chain trends mapping the latest technological advancements

Strategic Points Covered in Table of Content of Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)
Chapter 2: Exclusive Summary – the basic information of the Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market. (Introduction)
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 (Market Dynamics- Drivers, Trends, Opportunity, Restraints & Challenges)
Chapter 4: Presenting the Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Global Substation Automation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source.

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