Electric Power Substation Automation Market

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MarketsandMarkets Presents
Electric Power Substation Automation Market worth
48.25 Billion by 2020
http//www.marketsandmarkets.com/Market-Reports/el
ectric-power-substation-automation-integration-mar
ket-208537744.html
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According to a new market research report
Electric Power Substation Automation Market by
components (IED, RTU, PLC, BCU), SCADA,
Communication (Wired, Wireless), type
(Transmission, Distribution), End-user (Utility,
Industries), Stage (Retrofit, New) Geography -
Global Forecast to 2020, the total market was
valued at 29.49 million in 2013 and is expected
to reach 48.25 billion by 2020, at an estimated
CAGR of 6.71 between 2014 and 2020. http//www.m
arketsandmarkets.com/Market-Reports/electric-power
-substation-automation-integration-market-20853774
4.html Browse 85 Market Data Tables 69
Figures 205 pagesEarly buyers will receive 10
customization on this report.
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ectric-power-substation-automation-integration-mar
ket-208537744.html
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Electric power substation automation is a
combination of several control and data
acquisition functions on an automated platform
with a minimal number of units and complexity to
increase the reliability and reduce the cost of
operation of the substation automation
system. The key drivers propelling the growth of
the market are the increasing demand for electric
power substation automation in smart grid and
technological advancement. This market in the
report has been categorized on the basis of
types, namely, transmission, distribution, and
collector substation. The distribution substation
accounted for the maximum share of about 51.40
of the total electric power substation automation
market as of 2014. The report also covers the
key technologies of the electric power substation
automation market, which include both wired and
wireless type of communications including power
line communication, leased line, fiber optic,
ethernet, VSAT satellite communication, mobile
networks, microwave, and radio. Among all, the
wired communication is expected to be the largest
contributor to the overall electric power
substation automation market.
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ectric-power-substation-automation-integration-mar
ket-208537744.html
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The electric power substation automation market
for different geographic regions, including North
America, Europe, Asia-Pacific, and the rest of
the world (RoW), has also been covered in the
report. The report profiles the promising major
players with a SWOT analysis of the key players
in the electric power substation automation
market. The market witnessed a series of new
product launch announcements and partnerships
across the value chain. The key players in this
industry include ABB Ltd. (Switzerland), Siemens
AG (Germany), Alstom S.A. (France), General
Electric (U.S.), Eaton Corporation (Ireland),
Schweitzer Engg Lab (U.S.), Cisco Systems (U.S.),
Amperion (U.S.), Schneider Electric (France), and
Ingeteam (Spain).
http//www.marketsandmarkets.com/Market-Reports/el
ectric-power-substation-automation-integration-mar
ket-208537744.html
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ectric-power-substation-automation-integration-mar
ket-208537744.html
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