Report Detail
Global Synchrophasor Market Growth 2019-2024
- RnM3040648 |
- 28 February, 2019 |
- Global |
- 135 Pages |
- LPI(LP Information) |
- Energy & Power
A synchrophasor is a time-synchronized measurement of a quantity described by a phasor. Like a vector, a phasor has magnitude and phase information. Devices called phasor measurement units (PMU) measure voltage and current and with these measurements calculate parameters such as frequency and phase angle. It provides real-time data of the grid system to operators, helping them make decisions to prevent any power outage. The measurements obtained from synchrophasor are used to improve grid visualization, operational monitoring, power system control, stability monitoring, state estimation, and fault analysis. Each measurement taken by a synchrophasor is time-stamped according to a common time reference. This enables synchrophasor from different utilities to be combined and synchronized, which presents a comprehensive view of a regional interconnection.
ABB, GE Grid Solutions and Siemens Energy captured the top three revenue share spots in the Synchrophasor market in 2016. ABB dominated with 19.77 % revenue share, followed by GE Grid Solutions with 17.39% revenue share and Siemens Energy with 13.84% revenue share.
In the next five years, the global consumption volume of Synchrophasor will show upwards tendency further, consumption volume is expected in 2022 will be 4521 Units. Especially, in some emergence countries, such as India and Brazil among others, the synchrophasor installation capacity will present an upwards growth rate in the future, because of the national policy and the PMUs’ advantage than SCADA. The global average selling price will be around 74596 $/Unit in 2022.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems and the high entry, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
According to this study, over the next five years the Synchrophasor market will register a 24.3% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 96 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Synchrophasor business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Synchrophasor market by product type, application, key manufacturers and key regions and countries.
This study considers the Synchrophasor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Synchrophasor
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Power Station
Transforming Station
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ABB
GE Grid Solutions
Siemens Energy
State Grid Corporation of China
Beijing Sifang Automation
Schweitzer Engineering Laboratories
NR Electric
Arbiter Systems
Vizimax
Macrodyne
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Synchrophasor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Synchrophasor market by identifying its various subsegments.
Focuses on the key global Synchrophasor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Synchrophasor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Synchrophasor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Synchrophasor Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Synchrophasor Consumption 2014-2024
- 2.1.2 Synchrophasor Consumption CAGR by Region
- 2.2 Synchrophasor Segment by Type
- 2.2.1 Synchrophasor
- 2.2.2 Type II
- 2.3 Synchrophasor Consumption by Type
- 2.3.1 Global Synchrophasor Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Synchrophasor Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Synchrophasor Sale Price by Type (2014-2019)
- 2.4 Synchrophasor Segment by Application
- 2.4.1 Power Station
- 2.4.2 Transforming Station
- 2.4.3 Others
- 2.5 Synchrophasor Consumption by Application
- 2.5.1 Global Synchrophasor Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Synchrophasor Value and Market Share by Application (2014-2019)
- 2.5.3 Global Synchrophasor Sale Price by Application (2014-2019)
3 Global Synchrophasor by Players
- 3.1 Global Synchrophasor Sales Market Share by Players
- 3.1.1 Global Synchrophasor Sales by Players (2017-2019)
- 3.1.2 Global Synchrophasor Sales Market Share by Players (2017-2019)
- 3.2 Global Synchrophasor Revenue Market Share by Players
- 3.2.1 Global Synchrophasor Revenue by Players (2017-2019)
- 3.2.2 Global Synchrophasor Revenue Market Share by Players (2017-2019)
- 3.3 Global Synchrophasor Sale Price by Players
- 3.4 Global Synchrophasor Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Synchrophasor Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Synchrophasor Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Synchrophasor by Regions
- 4.1 Synchrophasor by Regions
- 4.1.1 Global Synchrophasor Consumption by Regions
- 4.1.2 Global Synchrophasor Value by Regions
- 4.2 Americas Synchrophasor Consumption Growth
- 4.3 APAC Synchrophasor Consumption Growth
- 4.4 Europe Synchrophasor Consumption Growth
- 4.5 Middle East & Africa Synchrophasor Consumption Growth
5 Americas
- 5.1 Americas Synchrophasor Consumption by Countries
- 5.1.1 Americas Synchrophasor Consumption by Countries (2014-2019)
- 5.1.2 Americas Synchrophasor Value by Countries (2014-2019)
- 5.2 Americas Synchrophasor Consumption by Type
- 5.3 Americas Synchrophasor Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Synchrophasor Consumption by Countries
- 6.1.1 APAC Synchrophasor Consumption by Countries (2014-2019)
- 6.1.2 APAC Synchrophasor Value by Countries (2014-2019)
- 6.2 APAC Synchrophasor Consumption by Type
- 6.3 APAC Synchrophasor Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Synchrophasor by Countries
- 7.1.1 Europe Synchrophasor Consumption by Countries (2014-2019)
- 7.1.2 Europe Synchrophasor Value by Countries (2014-2019)
- 7.2 Europe Synchrophasor Consumption by Type
- 7.3 Europe Synchrophasor Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Synchrophasor by Countries
- 8.1.1 Middle East & Africa Synchrophasor Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Synchrophasor Value by Countries (2014-2019)
- 8.2 Middle East & Africa Synchrophasor Consumption by Type
- 8.3 Middle East & Africa Synchrophasor Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Synchrophasor Distributors
- 10.3 Synchrophasor Customer
11 Global Synchrophasor Market Forecast
- 11.1 Global Synchrophasor Consumption Forecast (2019-2024)
- 11.2 Global Synchrophasor Forecast by Regions
- 11.2.1 Global Synchrophasor Forecast by Regions (2019-2024)
- 11.2.2 Global Synchrophasor Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Synchrophasor Forecast by Type
- 11.8 Global Synchrophasor Forecast by Application
12 Key Players Analysis
- 12.1 ABB
- 12.1.1 Company Details
- 12.1.2 Synchrophasor Product Offered
- 12.1.3 ABB Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 ABB News
- 12.2 GE Grid Solutions
- 12.2.1 Company Details
- 12.2.2 Synchrophasor Product Offered
- 12.2.3 GE Grid Solutions Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 GE Grid Solutions News
- 12.3 Siemens Energy
- 12.3.1 Company Details
- 12.3.2 Synchrophasor Product Offered
- 12.3.3 Siemens Energy Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Siemens Energy News
- 12.4 State Grid Corporation of China
- 12.4.1 Company Details
- 12.4.2 Synchrophasor Product Offered
- 12.4.3 State Grid Corporation of China Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 State Grid Corporation of China News
- 12.5 Beijing Sifang Automation
- 12.5.1 Company Details
- 12.5.2 Synchrophasor Product Offered
- 12.5.3 Beijing Sifang Automation Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Beijing Sifang Automation News
- 12.6 Schweitzer Engineering Laboratories
- 12.6.1 Company Details
- 12.6.2 Synchrophasor Product Offered
- 12.6.3 Schweitzer Engineering Laboratories Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Schweitzer Engineering Laboratories News
- 12.7 NR Electric
- 12.7.1 Company Details
- 12.7.2 Synchrophasor Product Offered
- 12.7.3 NR Electric Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 NR Electric News
- 12.8 Arbiter Systems
- 12.8.1 Company Details
- 12.8.2 Synchrophasor Product Offered
- 12.8.3 Arbiter Systems Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Arbiter Systems News
- 12.9 Vizimax
- 12.9.1 Company Details
- 12.9.2 Synchrophasor Product Offered
- 12.9.3 Vizimax Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Vizimax News
- 12.10 Macrodyne
- 12.10.1 Company Details
- 12.10.2 Synchrophasor Product Offered
- 12.10.3 Macrodyne Synchrophasor Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Macrodyne News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Synchrophasor . Industry analysis & Market Report on Synchrophasor is a syndicated market report, published as Global Synchrophasor Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Synchrophasor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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