Global Substation Monitoring System Market

The Global Substation Monitoring System Market was valued at USD 3.25 billion in 2016 and is projected to reach USD 6.46 billion by 2025, growing at a CAGR of 7.93% from 2017 to 2025.

Substation Monitoring is defined as a station or network management technique, which exploits the regular evaluation of the actual operating condition, in order to minimize the combined costs of power transmission or distribution and maintenance. Substation automation helps to enable an electric utility to remotely monitor, control and coordinate the distribution component installed in the substation.

Sample Infographics:



Market Dynamics:
1. Market Drivers
1.1 Increasing demand for renewable energy power
1.2 Increasing need for reduction in transmission and distribution losses
1.3 Rising investments from the government
1.4 Increasing interoperability between IEDs
1.5 Enhanced IoT-based communication network

2. Market Restraints
2.1 Rising power risk in the power industry
2.2 Tough environmental conditions
2.3 High installation costs of IEDs in substation
2.4 High installation costs of wireless sensor networks

Market Segmentation:
The Global Substation Monitoring System Market is segmented on the communication technology, component, sector, vertical, and region.

1. Communication Technology:
1.1 Wireless
1.1.1 ZigBee
1.1.2 Cellular
1.1.3 Wireless LAN
1.2 Wired
1.2.1 PROFIBUS
1.2.2 Fieldbus
1.2.3 Modbus
1.2.4 Ethernet
1.2.5 Fiber Optic

2. By Component:
2.1 Software
2.1.1 Production Management
2.1.2 Performance Management
2.1.3 Asset Management
2.2 Hardware
2.2.1 Intelligent Electronic Devices
2.2.1.1 Switches
2.2.1.2 Relay Devices
2.2.1.3 Circuit Breakers
2.2.1.4 Transformers
2.2.1.5 Controllers
2.2.2 Distribution Network Feeders
2.2.3 Microcontrollers
2.2.4 Smart Sensors
2.2.5 Cameras

3. By Sector:
3.1 Distribution
3.2 Transmission

4. By Vertical:
4.1 Utility
4.2 Mining
4.3 Oil & Gas
4.4 Transportation
4.5 Steel
4.5.1 Non-Renewable
4.5.1.1 Coal
4.5.1.2 Crude Oil
4.5.1.3 Natural Gas
4.5.1.4 Nuclear
4.5.2 Renewable
4.5.2.1 Wind
4.5.2.2 Solar
4.5.2.3 Water
4.5.2.4 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Siemens
2. Schneider Electric
3. Honeywell
4. Emerson Electric
5. Novatech
6. Crompton Greaves
7. General Electric
8. Eaton
9. Cisco
10. ABB
11. Schweitzer Engineering Laboratories

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Substation Monitoring System Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
1 INTRODUCTION OF GLOBAL SUBSTATION MONITORING SYSTEM MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL SUBSTATION MONITORING SYSTEM MARKET OUTLOOK
4.1 Overview

4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities

4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL SUBSTATION MONITORING SYSTEM MARKET BY COMMUNICATION TECHNOLOGY
5.1 Wireless
5.1.1 ZigBee
5.1.2 Cellular
5.1.3 Wireless LAN

5.2 Wired
5.2.1 PROFIBUS
5.2.2 Fieldbus
5.2.3 Modbus
5.2.4 Ethernet
5.2.5 Fiber Optic

6 GLOBAL SUBSTATION MONITORING SYSTEM MARKET BY COMPONENT
6.1 Software
6.1.1 Production Management
6.1.2 Performance Management
6.1.3 Asset Management

6.2 Hardware
6.2.1 Intelligent Electronic Devices
6.2.1.1 Switches
6.2.1.2 Relay Devices
6.2.1.3 Circuit Breakers
6.2.1.4 Transformers
6.2.1.5 Controllers
6.2.2 Distribution Network Feeders
6.2.3 Microcontrollers
6.2.4 Smart Sensors
6.2.5 Cameras

7 GLOBAL SUBSTATION MONITORING SYSTEM MARKET BY SECTOR
7.1 Distribution
7.2 Transmission

8 GLOBAL SUBSTATION MONITORING SYSTEM MARKET BY VERTICAL
8.1 Utility
8.2 Mining
8.3 Oil & Gas
8.4 Transportation

8.5 Steel
8.5.1 Non-Renewable
8.5.1.1 Coal
8.5.1.2 Crude Oil
8.5.1.3 Natural Gas
8.5.1.4 Nuclear
8.5.2 Renewable
8.5.2.1 Wind
8.5.2.2 Solar
8.5.2.3 Water
8.5.2.4 Others

9 GLOBAL SUBSTATION MONITORING SYSTEM MARKET, BY GEOGRAPHY
9.1 Overview

9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico

9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe

9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific

9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina

9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025

10 GLOBAL SUBSTATION MONITORING SYSTEM MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies

11 COMPANY PROFILES

11.1 Siemens
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments

11.2 Schneider Electric
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments

11.3 Honeywell
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments

11.4 Emerson Electric
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments

11.5 Novatech
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments

11.6 Crompton Greaves
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments

11.7 General Electric
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments

11.8 Eaton
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments

11.9 Cisco
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments

11.10 ABB
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments

11.11 Schweitzer Engineering Laboratories
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments

12 Appendix
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