Navigation Links
Substation Automation and Integration Market Worth $122.94 Billion by 2018 - New Report by MarketsandMarkets
Date:11/5/2013

(PRWEB) November 05, 2013

According to a new market research report of "Substation Automation and Integration Market By Components - IEDS (RTU, PLC, Digital Protection Relay, Smart Meters), Communication Technology (Optical Fiber, PLC, Copper Wire, Ethernet), SCADA & Geography (2013 - 2018)" 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 92 market data tables with 25 figures spread through 272 pages and in-depth TOC on Substation Automation and Integration Market:
http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

Early buyers will receive 10% customization on this report.

Substation automation has become an essential need for power companies and utilities pertaining to the growing demand of energy globally. Substation automation market is seen to be growing substantially; it inculcates advanced communication and control technologies. This market is driven by various factors with grid efficiency being its major driver as the government regulations and cost saving prepositions is propelling utilities to deploy automation.

The report covers the present market scenario and forecast market in revenue by considering all the factors and stakeholders affecting the substation automation. The report covers the transmission and distribution automation which are the main types of substation automation. The transmission automation is leading this market; the reason being its critical components and high cost equipment in the transmission substations that need automation for reducing transmission losses and increasing transmission efficiency.

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 RTUs, programmable logical controller, digital transducer/smart meter, digital protection relays, voltage controls, capacitor bank controls, and Recloser controls.

The overall substation automation market is segmented into four major segments namely: IEDs, communication technology, 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.

This report describes the overall market into four major geographical segments, namely, North America, Europe, APAC, and 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 the 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.

Browse Related Reports

Solid State (Smart) Transformer Market - Global Forecast & Analysis (2012 – 2020) By Application (Smart Grid, Traction Locomotives, Electric Vehicle Charging Stations, Others), Component (Switches, High frequency Transformers, Converters, Others) & Geography:
http://www.marketsandmarkets.com/Market-Reports/solid-state-transformer-market-774.html

Smart Grid Technology Market - Analysis & Global Forecast by Hardware, Software & Communication Network Technologies (2011 - 2016):
http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html

About MarketsandMarkets

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

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: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Read the full story at http://www.prweb.com/releases/substation-automation/market/prweb11302484.htm.


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

Related medicine news :

1. 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
2. Integrated Playout Automation Market & CiaB Market Worth $146 Million by 2017 – New Report by Marketsandmarkets
3. IOActive Uncovers Vulnerability in Wireless Industrial Automation Software from ProSoft Technology
4. Elevator Automation Market (Sensors & Controllers, Motors & Drives, BMS) Worth $16.4 Billion by 2018 - New Report by MarketsandMarkets
5. Home Automation & Control Systems Market is Expected to Reach $35,627.83 Million by 2016 - New Report by MarketsandMarkets
6. Global Home Automation and Control Systems Market Is Expected to Reach $35,627.83 Million by 2016 – New Reports by MarketsandMarkets
7. Global Intelligent Building Automation Technologies Market to be $167.41 Billion by 2015 - New Report by MarketsandMarkets
8. MBA HealthGroup Launches a New Automation Tool for Electronic Health Records
9. Lab Automation Market to Grow at a CAGR of 6.4% from 2012 to 2017 – New Report by MarketsandMarkets
10. R2i Marketing Automation Comparison Matrix
11. BCC Research Forecasts Laboratory Automation Market to Grow to $3.8 Billion by 2017
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... ... ... Discover the Rocky Mountain region’s longest running and impressive garden and home show ... to see the most incredible gardens and home improvement experts that attend this amazing ... Center - 700 14th St. Denver CO, is an exciting event that Performance Mobility ...
(Date:2/8/2016)... (PRWEB) , ... February 08, 2016 , ... ... Inc., will be speaking on how healthcare companies can use newly released government ... the health of a population and intervene and capture the value they create ...
(Date:2/7/2016)... Metamora, Michigan (PRWEB) , ... February 07, 2016 ... ... pelvic organ prolapse with the latest techniques and the most minimally invasive approaches. ... pelvic organ prolapse, particularly after menopause. Other risk factors include surgery to the ...
(Date:2/6/2016)... ... February 06, 2016 , ... FOR INFORMATION: ... AORN SURGICAL CONFERENCE & EXPO , WHAT:     , This conference is the ... perioperative nurses in attendance to study the latest evidence-based recommendations and resources ...
(Date:2/6/2016)... Pekin, IL (PRWEB) , ... February 06, 2016 ... ... the recovery phases of eating disorder treatment helps to reduce the frequency and ... “Tasks of the Recovery Phase: Re-Establishing Healthy Identity and Purpose,” will explore the ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... DIEGO , Feb. 8, 2016 /PRNewswire/--  Cell ... announced that advanced tissue-engineering services are now available ... a groundbreaking new three-dimensional (3D) bioprinting approach called ... 3D Bio Printer , a state-of-the-art robotic system ... has created a powerful pay-for-service bio-printing model that ...
(Date:2/8/2016)... , Feb. 8, 2016 ... addition of the "Label-Free Detection Market ... to 2020" report to their offering. ... the addition of the "Label-Free Detection ... Forecasts to 2020" report to their ...
(Date:2/8/2016)... Pharma Inc. President and Chief Executive Officer Yoshihiko Hatanaka ... as president, Americas Operations, for Astellas US LLC, with responsibility ... America , effective April 1, 2016.  Robinson previously served ... the United States -- a role ... who is retiring in June 2016.  --> ...
Breaking Medicine Technology: