(Wireless-NewsWire.Com, September 14, 2018 ) Substation automation system is an advanced power distribution network that provides control, monitoring, automation, protection and communication of all the equipment in the substation remotely as well as locally. It is the key component of the power grid that facilitates the efficient distribution and transmission of electricity. It uses data from intelligent electronic devices (IED) for supervising and controlling various protection and automation functions.
Rising electricity demand, need for up-gradation of existing networks and high demand for smart grids are the driving factors for the global Substation Automation market. While cyber-attack and high capital expenditure for installations act a potential restraint for the overall market at a global level.
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The “Global Substation Automation Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as ABB Ltd., Siemens AG, General Electric, Cisco Systems, Inc., Schneider Electric, Eaton Corporation PLC, Honeywell International, Inc., Schweitzer Engineering Laboratories, Inc., Novatech LLC, Crompton Greaves. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Substation Automation market based on product and application. It also provides market size and forecast till 2025 for overall Substation Automation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Substation Automation market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Table Of Content
1 Introduction Of The Global Substation Automation
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Substation Automation Outlook
5 The Global Substation Automation, By Systems
6 The Global Substation Automation, By Service
7 The Global Substation Automation, By Verticals
8 The Global Substation Automation, By Applications
9 The Global Substation Automation, By Geography
10 The Global Substation Automation Competitive Landscape
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- The key findings and recommendations highlight crucial progressive industry trends in the Substation Automation market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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