Global substation automation market was valued at $106,891 million in 2015 and is expected to reach $154,876 million by 2022, growing at a CAGR of +5.5% from 2016 to 2022

This market is expected to witness significant growth in the coming years, since substations are a critical part of the electrical infrastructure. They perform critical functions such as up / down voltage regulation and form the basic part of the generation, transmission and distribution systems. The characteristics of substation automation are the monitoring and control of substation devices using modules such as intelligent electronic devices (IED) and bidirectional communications via remote access. The objective is to monitor and control the instruments of the substation to reduce the incidence and duration of power outages.

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Some of the prominent players in the global substation automation market are Schneider Electric (France), Siemens AG (Germany), ABB Group (Switzerland), General Electric (U.S.), Tropos Network (U.S.), EATON Corp. (U.S.), Encore Networks (U.S.), Grid Net (U.S.), Cisco Systems, Inc. (U.S.), Cooper Industries (U.S.), Larsen & Toubro Limited (India), Power System Engineering, Inc. (U.S.), Texas Instruments (U.S.), Axiomtek Co. Ltd (Taiwan),Toshiba Corporation (Japan), Ametek (U.S.), SAE IT-systems GmbH & Co. KG (Germany), among others

Substation Automation and Integration Market, by Module:
  • Intelligent electronic devices
  • Communication networks
  • SCADA systems
Substation Automation and Integration Market, by Offering:
  • Hardware
  • Software
  • Services
Substation Automation and Integration Market, by Type:
  • Transmission substations
  • Distribution substations
Substation Automation and Integration Market, by Installation type:
  • Retrofit Installations
  • New installations
Substation Automation and Integration Market, by Industry
  • Utility
  • Steel
  • Mining
  • Oil and gas
  • Transportation
Get a massive discount on this report: https://www.marketresearchinc.com/ask-for-discount.php?id=30659 Table of Content Chapter 1 Global Substation Automation Market Overview Chapter 2 Global Economic Impact on Substation Automation Industry Chapter 3 Global Substation Automation Market Competition by Manufacturers Chapter 4 Global Substation Automation Production, Revenue (Value) by Region (2012-2018) Chapter 5 Global Substation Automation Supply (Production), Consumption, Export, Import by Regions (2012-2018) Chapter 6 Global Substation Automation Production, Revenue (Value), Price Trend by Type Chapter 7 Global Substation Automation Market Analysis by Application Chapter 8 Substation Automation Manufacturing Cost Analysis To continue….. About Us: Market Research Inc is farsighted in its view and covers massive ground in Global research. Local or Global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other.  When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing Global thought leadership. We help your product/service become the best they can with our informed approach. Contact Us: Author Kevin US Address: 51 Yerba Buena Lane, Ground Suite, Inner Sunset San Francisco, CA 94103, USA Call Us: +1 (628) 225 1818 Email: sales@marketresearchinc.com