|By PR Newswire||
|January 3, 2014 02:21 PM EST||
DUBLIN, January 3, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/m99srk/substation) has announced the addition of the "Global Substation Automation and Integration Market (2013 - 2018)" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
Substation automation has revolutionized the way utilities manage their networks. The substation automation market is expected to cross $100 billion mark in near the future. Substation is a base for some of the most important functions of the utility, it is not wrong to say that any major breakthrough in substation technology is seen as one of the foremost aspects of the smart grid revolution.
At present transmission and distribution utilities are targeting full substation automation of the retrofit substations or partially automated substations that already exist. The most prominent driver of this market is the aging energy infrastructure and increasing influence of a smart grid infrastructure that demands a multifunctional solution that comply with advanced communication protocols.
The market is majorly driven by the Intelligent Electronic Devices (IEDs) that provide enormous barrier-less monitoring and control functions across the substation. Also, the communication networks that are used to control the substation devices and for transferring data, are having high growth rates pertaining to the emergence of new and advanced technologies and their significance in automation.
The growth of the substation automation market is expected to be remarkable with the revenue growth expected to reach $122.94 billion by 2018, at an estimated CAGR of 5.2% from 2013 to 2018. The major players in the substation automation industry 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 pthers.
Key Topics Covered:
1.1 Key Take-Aways
1.2 Report Description
1.3 Markets Covered
1.5 Research Methodology
2 Executive Summary
3 Premium Insights
4 Market Overview
4.1 Market Definition
4.2 Market Segmentation
4.3 Value Chain Analysis
4.4 Life Cycle Analysis Of Substation Automation By Communication Technology
4.5 Market Dynamics
4.6 Burning Issue
4.7 Winning Imperative
4.8 Pest Analysis
4.9 Porter's Five Forces
4.10 Latest Trends In Substation Automation
5 Global Substation Automation Market, By Components
6 Global Substation Automations Market, By Communication Network & Technology
6.2 Communication Protocol
6.3 BCG Matrix Of Substation Automation By Communication Technology 106
6.4 Power Line Communications (PLC)
6.5 Optical Fiber Communication
6.6 Copper Wire Communication
6.8 Other Communication Technology Used In Smart Grid
7 Global Substation Automations Market, By Type
8 Global Substation Automations Market, By Scada
9 Global Substation Automations Market, By Geography
9.2 North America
10 Competitive Landscape
10.1 Market Share Ranking
10.2 Key Growth Strategies
10.3 Company Product Porfolio
10.4 New Product Developments, Expansions And Contracts
10.5 Collaborations, Expansions, Partnerships And Joint Ventures
10.6 Mergers And Acquisitions
11 Company Profiles
- Alstom Sa
- Cisco Systems
- Cooper Power Systems
- Eaton Corporation
- Echelon Corporation
- Encore Networks
- GE Energy
- Grid Net
- Infrax Systems
- S&C Electric Company
- Schneider Electric
- Schweitzer Engineering Laboratories
- Siemens Ag
- Tropos Networks
For more information visit http://www.researchandmarkets.com/research/m99srk/substation
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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