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

ficiency & 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.

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