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:10/12/2017)... ... 12, 2017 , ... First Healthcare Compliance (FHC), an industry ... a range of technology and learning solutions at the 68th Annual American Healthcare ... be held October 14–18, 2017 at the Mandalay Bay Resort in Las Vegas, ...
(Date:10/12/2017)... ... ... IsoComforter, Inc. ( https://isocomforter.com ), one of the Nation’s premier ... of the shoulder pad. The shoulder pad provides optimal support and full contact ... using cold therapy. By utilizing ice and water that is circulated from an insulated ...
(Date:10/12/2017)... ... 2017 , ... Dr. Parsa Mohebi, the Los Angeles based ... the newly revamped Cosmetic Town journal section, featuring articles written by ... as Follicular Unit Extraction (FUE). , Dr. Mohebi says “I enjoy ...
(Date:10/12/2017)... Mich. (PRWEB) , ... October 12, 2017 , ... ... has been named one of Michigan’s 2017 Best and Brightest in Wellness® by ... Brightest in Wellness® awards program on Friday, Oct. 20 from 7:30 a.m. to ...
(Date:10/12/2017)... ... 2017 , ... Farm Forward joins Bon Appétit ... institutions in announcing the launch of the Leadership Circle , a program ... raised for food. , Founding members of the Leadership Circle also include Airbnb’s ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... Sept. 28, 2017 Cohen Veterans Bioscience and ... use of wearable and home sensors for real-time monitoring ... Signal Foundation, a nonprofit organization focused on disruptive health ... an affordable analytical system to record and integrate behavioral, ... ...
(Date:9/25/2017)...   Montrium , an industry leader in ... IQPC Trial Master Files & Inspection Readiness Conference ... Clinical Services has selected eTMF Connect ... EastHORN, a leading European contract research organization (CRO), ... to enable greater collaboration with sponsors, improve compliance ...
(Date:9/22/2017)... , Sept. 22, 2017  As the latest ... Senators Bill Cassidy (R-LA) and Lindsey ... notes that the medical device industry is in an ... device tax, the 2.3% excise tax on medical device ... they also want covered patients, increased visits and hospital ...
Breaking Medicine Technology: