Substation Automation Market PDF, Size, Share | Industry Tren

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 process of using data from intelligent electronic devices (IEDs). It is used for employing control and automation capabilities within the substation while controlling commands from remote users. It uses substation and feeder operating functions and applications for optimizing the management of capital assets. Its deployment is also known to improve the operating efficiency of the system by minimizing human intervention. Consisting of circuit breakers, transformers, microprocessor-based relays and motor-operated air switches, these systems offer numerous benefits, such as detecting fault locations, minimizing outages, reducing operating and maintenance costs, enhancing information management and offering security control with multiple access levels. As a result, it is widely being adopted across numerous industry verticals, including mining, oil and gas, and transportation. Request for a free sample report: https://www.imarcgroup.com/substation-automation-market/requestsample

4. Report Description and Highlights Report Description Global Substation Automation Market Trends: The global market is primarily driven by the continual developments in the transmission and distribution (T&D) infrastructure. Automated substations are a key component of electricity T&D processes. Significant investments to improve the aging T&D infrastructure, along with the increasing adoption of renewable energy and natural gas power, is creating a positive outlook for the market. Technological advancements, such as SCADA and development in communication technologies, are also anticipated to provide a thrust to the market growth. This will be further supported by rapid industrialization, growing requirement for retrofitting and improvement of existing substation equipment, along with favorable government initiatives and extensive research and development (R&D).

5. Report Description Report Description and Highlights Additionally, various manufacturers are integrating primary equipment with modern sensors, protective relays, programmable logic controllers and digital transducers, which are projected to spur the market growth. Market Summary: Breakup by Module Type: • Intelligent electronic devices • communication networks • SCADA systems Breakup by Component Type: • Hardware • Software • Services

6. Report Description Report Description and Highlights Breakup by Communication Channel: • Ethernet • copper wire communication • Power line communication • Optical fiber communication Breakup by Region: • Utility • Transportation • Metals and mining • Oil and gas On account of the aforementioned factors, the market is expected to witness moderate growth during 2021-2026.

7. Report Description Report Description and Highlights Breakup by Substation Type: • Transmission • Distribution Breakup by Installation Type: • New • Retrofit installations Breakup by Geography: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa Additionally, the growing demand for the development of smart grids, in confluence with the emerging trend of smart cities, is catalyzing the demand for substation automation.

8. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • ABB Asea Boveri Brown Ltd. • Eaton Corporation plc • General Electric Company • Aetheros Inc. • Larsen & Toubro Limited • Power System Engineering Inc. • SAE IT-systems GmbH & Co. KG • Schneider Electric SE • Siemens Aktiengesellschaft View Report TOC, Figures and Tables : https://www.imarcgroup.com/substation-automation-market

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11. 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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