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
12.1 Related Reports

Global Cochlear Implant (CI) System Market Outlook 2019-2024

Published Date : Jul 2019

The analysts forecast the global cochlear implant (CI) system market to exhibit a CAGR of 10.6% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global cochlear implant (CI) system for 2019-2024. To calculate the market size, the report considers th...

Global Structural Health Monitoring Market Research Report 2019-2023

Published Date : Jul 2019

Structural Health Monitoring is a tool which helps engineers in improving the safety and maintainability of critical structures. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Structural Health Monitoring Report by Ma...

Global Aerospace Thermal Management System Market Research Report 2019-2023

Published Date : Jul 2019

Thermal management in aerospace involves critical components and controls that maintain acceptable temperature ranges, airflow, and heating and cooling for electronics, cabins and cargo. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence...

Global High Speed Train Signaling System Market Research Report 2019-2023

Published Date : Jul 2019

The signaling of a high speed line requires a different approach from conventional railways. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. High Speed Train Signaling System Report by Material, and Geography - Global ...

Global Volatile Organic Compounds Recovery System Market Research Report 2019-2023

Published Date : Jul 2019

Volatile organic compounds (VOC) means any compound of carbon, excluding carbon monoxide, carbon dioxide, carbonic acid, metallic carbides or carbonates and ammonium carbonate. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this m...

Global Beam Shaping System Market Research Report 2019-2023

Published Date : Jul 2019

Beam Shaping System is used to fabrication custom low-melting alloy masks for electron treatments. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Beam Shaping System Report by Material, and Geography - Global Forecast...

Global AEB System Market Research Report 2019-2023

Published Date : Jul 2019

AEBs or Autonomous Emergency Braking system is the safest braking system in the world. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. AEB System Report by Material, and Geography - Global Forecast to 2023 is a profess...

Global Vital Signs Monitoring Devices Market Research Report 2019-2023

Published Date : Jul 2019

Vital Signs Monitoring Devices is the observation of a disease, condition or one or several medical parameters over time. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Vital Signs Monitoring Devices Report by Materia...

Global Test & Finish Handling System Market Research Report 2019-2023

Published Date : Jul 2019

Our innovative and patented multilevel tester concept enables the possibility of running different tests simultaneously. This makes it more flexible than any other in-line test handling device yet seen. In the context of China-US trade war and global economic volatility and uncertainty, it will have...

Global Swimming Pool Disinfection System Market Research Report 2019-2023

Published Date : Jul 2019

Swimming Pool Disinfection System is used in the process of ensuring healthy conditions in swimming pools, hot tubs, plunge pools, and similar recreational water venues. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. ...

 

Select License :

  • Single User : $3950
  • Multiple User : $4750
  • Corporate User : $6750

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.