Report Detail
Global Substation Wide Area Monitoring System Market 2024 by Company, Regions, Type and Application, Forecast to 2030
- RnM4601427 |
- 20 July, 2024 |
- Global |
- 87 Pages |
- GIR (Global Info Research) |
- Energy & Power
According to our (Global Info Research) latest study, the global Substation Wide Area Monitoring System market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Wide area monitoring systems help power system operators continuously analyze all the features of a large power network in real time. Utilizing phasor measurement units (PMUs), information can be recorded and monitored to detect disturbances and improve knowledge of network behavior under dynamic conditions, enabling system operators to maximize power flow and network stability.
The increasing investments in smart grid projects is expected to be one of the major substation wide area monitoring system market drivers during the forecast period. Smart grid projects with the implementation of the wide area monitoring technology have created an influence on utility consumers based on uninterrupted power. The smart grids offer advantages such as peak load and outage management, offers lower number of transformer failures, and reduction and instant recovery of unexpected power failures. This will lead to the increased demand for substation wide area monitoring system market.
The Global Info Research report includes an overview of the development of the Substation Wide Area Monitoring System industry chain, the market status of Transmission Substation (Phasor Measurement Units (PMUs), Phasor Data Concentrators (PDCs)), Distribution Substation (Phasor Measurement Units (PMUs), Phasor Data Concentrators (PDCs)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Substation Wide Area Monitoring System.
Regionally, the report analyzes the Substation Wide Area Monitoring System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Substation Wide Area Monitoring System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Substation Wide Area Monitoring System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Substation Wide Area Monitoring System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Phasor Measurement Units (PMUs), Phasor Data Concentrators (PDCs)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Substation Wide Area Monitoring System market.
Regional Analysis: The report involves examining the Substation Wide Area Monitoring System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Substation Wide Area Monitoring System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Substation Wide Area Monitoring System:
Company Analysis: Report covers individual Substation Wide Area Monitoring System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Substation Wide Area Monitoring System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Transmission Substation, Distribution Substation).
Technology Analysis: Report covers specific technologies relevant to Substation Wide Area Monitoring System. It assesses the current state, advancements, and potential future developments in Substation Wide Area Monitoring System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Substation Wide Area Monitoring System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Substation Wide Area Monitoring System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Phasor Measurement Units (PMUs)
Phasor Data Concentrators (PDCs)
Communication Networks
PDC Solutions
Market segment by Application
Transmission Substation
Distribution Substation
Collector Substation
Converter Substations
Switching Station
Market segment by players, this report covers
ABB
Electric Power Group
General Electric
Sc+I34650hneider Electric
Siemens
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Substation Wide Area Monitoring System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Substation Wide Area Monitoring System, with revenue, gross margin and global market share of Substation Wide Area Monitoring System from 2019 to 2024.
Chapter 3, the Substation Wide Area Monitoring System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Substation Wide Area Monitoring System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Substation Wide Area Monitoring System.
Chapter 13, to describe Substation Wide Area Monitoring System research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Substation Wide Area Monitoring System
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Classification of Substation Wide Area Monitoring System by Type
- 1.3.1 Overview: Global Substation Wide Area Monitoring System Market Size by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Global Substation Wide Area Monitoring System Consumption Value Market Share by Type in 2023
- 1.3.3 Phasor Measurement Units (PMUs)
- 1.3.4 Phasor Data Concentrators (PDCs)
- 1.3.5 Communication Networks
- 1.3.6 PDC Solutions
- 1.4 Global Substation Wide Area Monitoring System Market by Application
- 1.4.1 Overview: Global Substation Wide Area Monitoring System Market Size by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Transmission Substation
- 1.4.3 Distribution Substation
- 1.4.4 Collector Substation
- 1.4.5 Converter Substations
- 1.4.6 Switching Station
- 1.5 Global Substation Wide Area Monitoring System Market Size & Forecast
- 1.6 Global Substation Wide Area Monitoring System Market Size and Forecast by Region
- 1.6.1 Global Substation Wide Area Monitoring System Market Size by Region: 2019 VS 2023 VS 2030
- 1.6.2 Global Substation Wide Area Monitoring System Market Size by Region, (2019-2030)
- 1.6.3 North America Substation Wide Area Monitoring System Market Size and Prospect (2019-2030)
- 1.6.4 Europe Substation Wide Area Monitoring System Market Size and Prospect (2019-2030)
- 1.6.5 Asia-Pacific Substation Wide Area Monitoring System Market Size and Prospect (2019-2030)
- 1.6.6 South America Substation Wide Area Monitoring System Market Size and Prospect (2019-2030)
- 1.6.7 Middle East and Africa Substation Wide Area Monitoring System Market Size and Prospect (2019-2030)
2 Company Profiles
- 2.1 ABB
- 2.1.1 ABB Details
- 2.1.2 ABB Major Business
- 2.1.3 ABB Substation Wide Area Monitoring System Product and Solutions
- 2.1.4 ABB Substation Wide Area Monitoring System Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 ABB Recent Developments and Future Plans
- 2.2 Electric Power Group
- 2.2.1 Electric Power Group Details
- 2.2.2 Electric Power Group Major Business
- 2.2.3 Electric Power Group Substation Wide Area Monitoring System Product and Solutions
- 2.2.4 Electric Power Group Substation Wide Area Monitoring System Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Electric Power Group Recent Developments and Future Plans
- 2.3 General Electric
- 2.3.1 General Electric Details
- 2.3.2 General Electric Major Business
- 2.3.3 General Electric Substation Wide Area Monitoring System Product and Solutions
- 2.3.4 General Electric Substation Wide Area Monitoring System Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 General Electric Recent Developments and Future Plans
- 2.4 Sc+I34650hneider Electric
- 2.4.1 Sc+I34650hneider Electric Details
- 2.4.2 Sc+I34650hneider Electric Major Business
- 2.4.3 Sc+I34650hneider Electric Substation Wide Area Monitoring System Product and Solutions
- 2.4.4 Sc+I34650hneider Electric Substation Wide Area Monitoring System Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 Sc+I34650hneider Electric Recent Developments and Future Plans
- 2.5 Siemens
- 2.5.1 Siemens Details
- 2.5.2 Siemens Major Business
- 2.5.3 Siemens Substation Wide Area Monitoring System Product and Solutions
- 2.5.4 Siemens Substation Wide Area Monitoring System Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Siemens Recent Developments and Future Plans
3 Market Competition, by Players
- 3.1 Global Substation Wide Area Monitoring System Revenue and Share by Players (2019-2024)
- 3.2 Market Share Analysis (2023)
- 3.2.1 Market Share of Substation Wide Area Monitoring System by Company Revenue
- 3.2.2 Top 3 Substation Wide Area Monitoring System Players Market Share in 2023
- 3.2.3 Top 6 Substation Wide Area Monitoring System Players Market Share in 2023
- 3.3 Substation Wide Area Monitoring System Market: Overall Company Footprint Analysis
- 3.3.1 Substation Wide Area Monitoring System Market: Region Footprint
- 3.3.2 Substation Wide Area Monitoring System Market: Company Product Type Footprint
- 3.3.3 Substation Wide Area Monitoring System Market: Company Product Application Footprint
- 3.4 New Market Entrants and Barriers to Market Entry
- 3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
- 4.1 Global Substation Wide Area Monitoring System Consumption Value and Market Share by Type (2019-2024)
- 4.2 Global Substation Wide Area Monitoring System Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
- 5.1 Global Substation Wide Area Monitoring System Consumption Value Market Share by Application (2019-2024)
- 5.2 Global Substation Wide Area Monitoring System Market Forecast by Application (2025-2030)
6 North America
- 6.1 North America Substation Wide Area Monitoring System Consumption Value by Type (2019-2030)
- 6.2 North America Substation Wide Area Monitoring System Consumption Value by Application (2019-2030)
- 6.3 North America Substation Wide Area Monitoring System Market Size by Country
- 6.3.1 North America Substation Wide Area Monitoring System Consumption Value by Country (2019-2030)
- 6.3.2 United States Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 6.3.3 Canada Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 6.3.4 Mexico Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
7 Europe
- 7.1 Europe Substation Wide Area Monitoring System Consumption Value by Type (2019-2030)
- 7.2 Europe Substation Wide Area Monitoring System Consumption Value by Application (2019-2030)
- 7.3 Europe Substation Wide Area Monitoring System Market Size by Country
- 7.3.1 Europe Substation Wide Area Monitoring System Consumption Value by Country (2019-2030)
- 7.3.2 Germany Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 7.3.3 France Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 7.3.4 United Kingdom Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 7.3.5 Russia Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 7.3.6 Italy Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
8 Asia-Pacific
- 8.1 Asia-Pacific Substation Wide Area Monitoring System Consumption Value by Type (2019-2030)
- 8.2 Asia-Pacific Substation Wide Area Monitoring System Consumption Value by Application (2019-2030)
- 8.3 Asia-Pacific Substation Wide Area Monitoring System Market Size by Region
- 8.3.1 Asia-Pacific Substation Wide Area Monitoring System Consumption Value by Region (2019-2030)
- 8.3.2 China Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 8.3.3 Japan Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 8.3.4 South Korea Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 8.3.5 India Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 8.3.6 Southeast Asia Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 8.3.7 Australia Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
9 South America
- 9.1 South America Substation Wide Area Monitoring System Consumption Value by Type (2019-2030)
- 9.2 South America Substation Wide Area Monitoring System Consumption Value by Application (2019-2030)
- 9.3 South America Substation Wide Area Monitoring System Market Size by Country
- 9.3.1 South America Substation Wide Area Monitoring System Consumption Value by Country (2019-2030)
- 9.3.2 Brazil Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 9.3.3 Argentina Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
10 Middle East & Africa
- 10.1 Middle East & Africa Substation Wide Area Monitoring System Consumption Value by Type (2019-2030)
- 10.2 Middle East & Africa Substation Wide Area Monitoring System Consumption Value by Application (2019-2030)
- 10.3 Middle East & Africa Substation Wide Area Monitoring System Market Size by Country
- 10.3.1 Middle East & Africa Substation Wide Area Monitoring System Consumption Value by Country (2019-2030)
- 10.3.2 Turkey Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 10.3.3 Saudi Arabia Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
- 10.3.4 UAE Substation Wide Area Monitoring System Market Size and Forecast (2019-2030)
11 Market Dynamics
- 11.1 Substation Wide Area Monitoring System Market Drivers
- 11.2 Substation Wide Area Monitoring System Market Restraints
- 11.3 Substation Wide Area Monitoring System Trends Analysis
- 11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry
12 Industry Chain Analysis
- 12.1 Substation Wide Area Monitoring System Industry Chain
- 12.2 Substation Wide Area Monitoring System Upstream Analysis
- 12.3 Substation Wide Area Monitoring System Midstream Analysis
- 12.4 Substation Wide Area Monitoring System Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
- 14.1 Methodology
- 14.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Substation Wide Area Monitoring System. Industry analysis & Market Report on Substation Wide Area Monitoring System is a syndicated market report, published as Global Substation Wide Area Monitoring System Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Substation Wide Area Monitoring System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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