Navigation Links
Substation Automation Market is Expected to Reach $122.94 Billion by 2018, at an Estimated CAGR of 5.2% from 2013 to 2018 – New Report by MarketsandMarkets
Date:6/12/2013

(PRWEB) June 12, 2013

According to a new market research report of "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," published by MarketsandMarkets is expected to grow at a CAGR of 5.2% from 2013 to 2018 and reach $122.94 billion in 2018.

Browse:

  • 91 Market Data Tables
  • 20 Figures
  • 258 Pages and In-depth Table of Content on “Substation Automation Market”

http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

Early buyers will receive 10% customization on this report.

Substation Automation is an integration of various protections, control and data acquisition functions on an automated platform with minimal number of units to reduce the operating costs, lessen the control panel and room space, and to eliminate redundant equipment. The automation functions and applications ranging from supervisory control and data acquisition (SCADA) and alarm processing to integrated voltage variation control, metering to record information generated by substation devices in order to optimize the management of assets and enhance operation and maintenance efficiencies with minimal human intervention. IEDs are consider to be the key component of substation automation; it helps in improving operational efficiencies and reliability and gives more scope for enhancing predictive maintenance and planning.

The overall substation automation market is segmented into four major segments namely: IEDs, communication technology and SCADA and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report. Global substation automation market is expected to reach $122.94 billion by 2018, at an estimated CAGR of 5.2% from 2013 to 2018.

The major driving factors for the Substation Automation Market are the grid efficiency & reliability, cost saving, reduction in transmission and distribution loss and others. In the report, different IEDs used in substation automation are discussed like programmable logical controller, digital transducer, digital relays, load tap controller and so on.

This report describes the overall market into four major geographical segments, namely:

  • North America
  • Europe
  • APAC
  • ROW

North America is the market leader in the overall substation automation market; followed by Europe and APAC. In ROW, the Middle East, and Africa are the largest contributors.

The major companies involved in Global substation market, which are also profiled in the report, 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.

Buy a copy of this report at http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1118.

Find related Reports to - Semiconductor and Electronics Market.

About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.

M&M covers thirteen industry verticals; including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at http://www.prweb.com/releases/substation-automation/market/prweb10825607.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Laboratory Automation Market: 2017 Equipment & Software, Drug Discovery, Clinical Diagnostics, Genomics & Proteomics Analysis in New Research Reports at RnRMarketResearch
2. Warehouse Automation Integrator The Numina Group earns Prestigious TGW Award
3. Critigen Managed Services Announces Implementation of ServiceNow for IT Service Automation
4. OneBlood Partners with BloodHub for Supply Chain Automation
5. Clemson researcher awarded nearly $245,000 to study automation trust and dependence
6. BioHorizons and Officite Launch State-of-the-Art Web Marketing Program for Dental Implant Practices
7. Tabor Communications Further Strengthens its Digital Marketing Strategy
8. Aqua feed Market Was Estimated to Reach $55,685 Million in 2012 and Is Expected to Reach $106,695.7 Million by 2018, with A CAGR of 12.1%- New Report by MarketsandMarkets
9. Global Interventional Cardiology Devices Market - New Industry Research Report Published by Transparency Market Research
10. foru International Appoints New Chief Marketing Officer
11. Sprouting Up: Vegetable Farming in Canada Industry Market Research Report Now Available from IBISWorld
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... 24, 2017 , ... “End Time GPS”: a dauntless and enlightened study ... Time GPS” is the creation of published author, Wesley Gerboth, a World War II ... and space-vehicle projects. Now, at age ninety-one, he shares the Wisdom God bestowed upon ...
(Date:3/24/2017)... ... , ... “The Communion of Saints: A Pastor’s Potpourri of ... across the United States. “The Communion of Saints” is the creation of ... congregations in seven states throughout his long career of devotion to the church. ...
(Date:3/23/2017)... ... March 23, 2017 , ... In 2016 the World ... that there could be four million Zika-related cases in the Americas within the next ... of US cases reported per year skyrocketing to an estimated 329,000. Yet, Zika, Lyme ...
(Date:3/23/2017)... , ... March 23, 2017 , ... The physicians of ... in the greater Houston Area. The new location is located at 2255 E. Mossy ... in Springwoods Village. This newest location will provide patients living in the north Houston ...
(Date:3/23/2017)... New Braunfels, TX (PRWEB) , ... March 23, 2017 , ... ... a new clinic, located at 960 Gruene Road in Building 2. The clinic is ... co-owner Dr. Andrew Bennett, PT, says opening the company’s second New Braunfels location brings ...
Breaking Medicine News(10 mins):
(Date:3/24/2017)... Research and Markets has announced the addition of the "Dental Implants ... ... for Dental Implants in US$ Million. The report provides separate comprehensive analytics ... , Europe , Asia-Pacific , ... Annual estimates and forecasts are provided for the period 2015 through 2022. ...
(Date:3/24/2017)... , March 24, 2017 FinancialBuzz.com News ... ... publisher of cannabis market research, the legal cannabis market is ... through 2021, despite conflicting signals from the current presidential administration. ... that the two biggest drivers of growth in this industry ...
(Date:3/24/2017)... Research and Markets has announced the addition of the "Deep ... to their offering. ... The Deep Learning: Drug Discovery and Diagnostics Market, 2017-2035 report examines ... deep learning solutions within the healthcare domain. Primarily driven by the ... solution to generate relevant insights from medical data. ...
Breaking Medicine Technology: