Global Substation Automation Market Grows at 5% CAGR to 2019

Global Substation Automation Market 2015-2019 is the latest addition to industry research reports collection. The analysts forecast global substation automation market to grow at a CAGR of 5.33% over the period 2014-2019.

Read this 61 Pages Report on Global Substation Automation Market 2015-2019. The report provides 18 Exhibits.

Substation automation is the upgrade or improvement of existing electrical substations. This includes incorporation of intelligent technologies and equipment, such as relational databases and advanced communication systems, into power grids. Automation of substations help electric utilities monitor and control the T and D processes of substations remotely, thus, ensuring optimization of power distribution.

Covered in this report

This report covers the present scenario and the growth prospects of the global substation automation market for the period 2015-2019. To calculate the market size, This report covers the revenue generated from sales of various substation automation products such as monitoring and recording, control and protection, IIDS, and integrated communication equipment.

The report, Global Substation Automation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Asia, Europe, and North America, It also presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

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Key Regions: North Americas, Asia, Europe

The report recognizes the following companies as the key players : ABB, GE, Schneider Electric and Siemens

Other Prominent Vendors in the market are: Amperion, BPL, Cisco, EATON, Echelon, Encore Networks, Grid Net, Honeywell, Infrax, Itron, Landis+GYR, NovaTech, Open Systems, Rockwell Automation, S&C Electric, Schweitzer, Sensus, Silver Spring Networks, Subnet Solutions and Trilliant

Key Market Driver - Need for reduction in T and D losses

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Key Market Challenges - Capital intensive                                                                                                                                           

Key Market Trend - Increase in mergers and acquisitions

Key Questions Answered in this Report

  • What will the market size be in 2019 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 the key 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?

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