Substation Automation Market PDF, Size, Share, Trends, Industry Scope 2021-2026

1. Global Substation Automation Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Substation Automation Market Outlook 2026: According to the latest report by IMARC Group, titled “Substation Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global substation automation market exhibited moderate growth during 2015-2020. Substation automation is the utilization of the data acquired from intelligent electronic devices (IEDs) to transmit and control commands from remote users. Substation automation systems (SAS) are a collection of software and hardware components that can remotely and locally maintain an electrical system. These systems offer substation monitoring and control solution with communication, and protection capabilities. They also automate some error-prone, repetitive, and tedious activities to increase the overall productivity and efficiency of the grid. Substation automation solutions are programed with local and global alarm and caution systems to detect fault location for equipment and distribution systems diagnostics. Request for a free sample: https://www.imarcgroup.com/substation-automation- market/requestsample

4. Report Description and Highlights Report Description Global Substation Automation Market Trends: A significant rise in the need for retrofitting existing substations, and a large-scale increase in investments for the establishment of smart grid infrastructure are some of the key factors that are primarily influencing the growth of the global substation automation market. The escalating demand for efficient electricity transmission with reduced management and operational costs of utilities is further driving the market growth. Other than this, the large-scale integration of renewable energy systems and emergence of improved security systems is aiding in the establishment of smart grids across the globe. Moreover, rapid technological advancements and rising investments in the research and development (R&D) activities are some of the other factors that are creating a positive outlook for the market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.

5. Report Description and Highlights Report Description Market Summary: Breakup by Module Type: • Intelligent Electronic Devices • Communication Networks • SCADA Systems Breakup by Component: • Reclose Controllers • Programmable Logical Controllers • Capacitor Banks • Smart Meters • Load Tap Changers • Digital Relays • Fiber-Optic Cables • Production Management Software • Asset Management Software • Performance Management Software • Services

6. Report Description and Highlights Report Description Breakup by Communication Channel: • Ethernet • Copper Wire Communication • Power Line Communication • Optical Fiber Communication Breakup by End-Use Industry: • Utility • Transportation • Metals & Mining • Oil and Gas Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America

7. Report Description and Highlights Report Description Competitive Landscape With Key players: • ABB • Cooper Industries • Eaton Corporation • General Electric • Grid Net • Larsen & Toubro Limited • Power system Engineering • SAE IT-Systems GmbH & Co.KG • Schneider Electric • Siemens AG • Tropos Network Ltd View Report TOC, Figures and Tables: https://www.imarcgroup.com/substation-automation-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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