RnRMarketResearch.com adds “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” new report on its database.
Substation automation is
an automated monitoring and control process for substations. In the market
currently transmission and distribution utilities are focusing on fullsubstation
automation of the retrofit substations or partially automated substation that
already exist.The market currently is majorly driven by the Intelligent
Electronic Devices (IEDs) and communication networks that are used to control
devices and data transfer. The substation market is growing and expected to
cross the $100 billion mark in near future.
The global substation
automation market is governed by the automation components and IEDs such as
Digital Relays, Logical Programmable Controller, Digital Transducers, Recloser
controller, Capacitor Bank controllers, Load Tap Changer Controllers. These
components have transformed the way substations were controlled and critical
information used to be gathered. Report covers the major communication
technologies used for substation automation and thosewhich have the maximum
potential to drive this market pertaining to the developments in advanced
communication technologies. Substation automation is incomplete without
communication as all the IEDs and monitoring devices which are located at
substation and on the field actually generates data that has to be passed on to
the utility data centre which is remotely located. This report also describes
the wireless communication technologies such as RF Mesh and ZigBee that enter
this market in future.
Complete report available @ http://www.rnrmarketresearch.com/substation-automation-market-2013-2018-by-components-ieds-digital-relays-smart-meters-recloser-controller-capacitor-bank-controller-communication-technology-optical-fiber-plc-c-market-report.html
This
report describes the value chain of the market by considering all the major
stakeholders in the market and their role analysis. This report shows the life
cycle analysis of communication technologies covered in the study.The report
also provides detailed scrutiny of porters five force analysis for the global
market. All the five major factors in these markets have been quantified using
internal key parameters governing each of them.
The
major drivers for substation automation market are grid efficiency and
reliability which is the major contributing factor for utilities to go for
automation, other drivers like cost saving, reduction in transmission and
distribution loss are also contributing to the market growth. Major restraints
like regulation issues and high initial investments and their impact analysis
in covered under this study.
North
America currently leads the market share as this region has the most automated
substations and has reached to the substantial maturity. The market in this
region is expected to reach $35.47 billion in 2018 from $31.61 billion in 2013.
APAC is the emerging market and has highest growth rate among all geographic
region. It is believed that market will grow at a CAGR of 9.1% from 2013 to
2018.
The
report covers recent developments in the substation automation industry like
Siemens (Germany), Acquiring RuggedCom (Canada) in March 2013. Schneider
Electric (France) acquired Electroshield – TM Samara (Russia) in March
2013.Several other acquisitions, mergers, new product launch, agreements and so
on, have taken place recently and are discussed in the report.
The
growth of substation automation market is expected to be remarkable with the
revenue growth from $95.30 billion in 2013 to $122.94 billion by 2018, at an
estimated CAGR of 5.2% from 2013 to 2018. The major players in this market 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.
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This
report deals with all the driving factors, restraints, and opportunities with
respect to the substation automation market, which are helpful in identifying
trends and key success factors for the industry. It also profiles companies
which are active in the field of substation automation. The report provides the
competitive landscape of the players, which covers key growth strategies
followed by all the major players. It also highlights the winning imperatives
and burning issues related to the substation automation industry.
Scope
of the report
This
research report categorizes the global market, based on components (IEDs
&communication networks), types, SCADA; it also covers the forecast revenue
from 2013 to 2018. It describes the deployments of substation automation in
different regions.
On
the basis of IEDs
The
global substation automation market on the basis of IEDs consist of Digital
Relays, Logical Programmable Controller, Digital Transducers, Recloser
controller, Capacitor Bank controllers and Load Tap Changer Controllers.
On
the basis of communication networks
The
global substation automation market on the basis of communication networks
consist of Copper Wire communication, Fibre Optic communication, Ethernet
(Copper or Optic Fibre) communication, and Power line communication (PLC).
On
the basis of types
The
global substation automation market on the basis of substation types consist of
Transmission substation, Distribution substation and Collector substation.
On
the basis SCADA
Global
market for SCADA in substation automation is covered in this report.
On
the basis geography
Geographical
analysis covers North America, South America, Europe, Asia-Pacific, and the
ROW.
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