Substation Automation Market worth $122.94 Billion by 2018

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MarketsandMarkets Presents
Substation Automation Market worth 122.94
Billion by 2018
http//www.marketsandmarkets.com/Market-Reports/su
bstation-automation-market-1118.html
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According to a new market research report of
" Substation Automation Market (2013 - 2018)By
Components IEDS (Digital Relays, Smart meters,
Recloser Controller, Capacitor Bank Controller)
Communication Technology (Optical Fiber, PLC,
Copper Wire, Ethernet), SCADA Geography
", published by MarketsandMarkets is expected to
grow at a CAGR of 5.2 from 2013 to 2018 and
reach 122.94 billion in 2018. Browse 91 market
data tables with 20 figures spread through 258
pages and in-depth TOC on Substation Automation
Market (2013 - 2018)By Components IEDS (Digital
Relays, Smart meters, Recloser Controller,
Capacitor Bank Controller) Communication
Technology (Optical Fiber, PLC, Copper Wire,
Ethernet), SCADA Geography http//www.marketsan
dmarkets.com/Market-Reports/substation-automation-
market-1118.html Early buyers will receive 10
customization on reports.
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bstation-automation-market-1118.html
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Substation Automation is an integration of
various protections, control and data acquisition
functions on an automated platform with minimal
number of units to reduce the operating costs,
lessen the control panel and room space, and to
eliminate redundant equipment. The automation
functions and applications ranging from
supervisory control and data acquisition (SCADA)
and alarm processing to integrated voltage
variation control, metering to record information
generated by substation devices in order to
optimize the management of assets and enhance
operation and maintenance efficiencies with
minimal human intervention.IEDs are consider to
be the key component of substation automation it
helps in improving operational efficiencies and
reliability and gives more scope for enhancing
predictive maintenance and planning. The
overall substation automation market is segmented
into four major segments namely IEDs,
communication technology and SCADA and geography.
All the major segments are further segmented into
sub segments. All the segments and sub segments
are separately described in the report. Global
substation automation market is expected to reach
122.94 billion by 2018, at an estimated CAGR of
5.2 from 2013 to 2018.
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bstation-automation-market-1118.html
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The major driving factors for the substation
automation market are the grid efficiency
reliability, cost saving, reduction in
transmission and distribution loss and others. In
the report different IEDs used in substation
automation are discussed like programmable
logical controller, digital transducer, digital
relays, load tap controller and so on. This
report describes the overall market into four
major geographical segments, namely, North
America, Europe, APAC, and ROW. North America is
the market leader in the overall substation
automation market followed by Europe and APAC.
In ROW, the Middle East, and Africa are the
largest contributors. The major companies
involved in Global substation market which are
also profiled in the report are ABB
(Switzerland), Alstom (France), General Electric
(U.S.), Schweitzer Engg Lab (U.S.) Siemens
(Germany), Cooper power Systems (U.S.), NovaTech
(U.S.) and so on. About MarketsandMarkets Market
sandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the world.
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bstation-automation-market-1118.html
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