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Substation Automation Market

Substation Automation Market (2013 - 2018) By Components – IEDS (Digital Relays, Smart meters, Recloser Controller, Capacitor Bank Controller) & Communication Technology (Optical Fiber, PLC, Copper Wire, Ethernet), SCADA & Geography

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Substation Automation Market

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  1. MarketsandMarkets Presents Substation Automation Market worth $122.94 Billion by 2018 http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

  2. According to a new market research report of " Substation Automation Market (2013 - 2018)By Components – IEDS (Digital Relays, Smart meters, Recloser Controller, Capacitor Bank Controller) & Communication Technology (Optical Fiber, PLC, Copper Wire, Ethernet), SCADA & Geography ", published by MarketsandMarkets is expected to grow at a CAGR of 5.2% from 2013 to 2018 and reach $122.94 billion in 2018. Browse 91 market data tables with 20 figures spread through 258 pages and in-depth TOC on Substation Automation Market (2013 - 2018)By Components – IEDS (Digital Relays, Smart meters, Recloser Controller, Capacitor Bank Controller) & Communication Technology (Optical Fiber, PLC, Copper Wire, Ethernet), SCADA & Geography http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html Early buyers will receive 10% customization on reports. http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

  3. Substation Automation is an integration of various protections, control and data acquisition functions on an automated platform with minimal number of units to reduce the operating costs, lessen the control panel and room space, and to eliminate redundant equipment. The automation functions and applications ranging from supervisory control and data acquisition (SCADA) and alarm processing to integrated voltage variation control, metering to record information generated by substation devices in order to optimize the management of assets and enhance operation and maintenance efficiencies with minimal human intervention.IEDs are consider to be the key component of substation automation; it helps in improving operational efficiencies and reliability and gives more scope for enhancing predictive maintenance and planning. The overall substation automation market is segmented into four major segments namely: IEDs, communication technology and SCADA and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report. Global substation automation market is expected to reach $122.94 billion by 2018, at an estimated CAGR of 5.2% from 2013 to 2018. http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

  4. The major driving factors for the substation automation market are the grid efficiency & reliability, cost saving, reduction in transmission and distribution loss and others. In the report different IEDs used in substation automation are discussed like programmable logical controller, digital transducer, digital relays, load tap controller and so on. This report describes the overall market into four major geographical segments, namely, North America, Europe, APAC, and ROW. North America is the market leader in the overall substation automation market; followed by Europe and APAC. In ROW, the Middle East, and Africa are the largest contributors. The major companies involved in Global substation market which are also profiled in the report 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 so on. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

  5. Contact Us Contact: Mr.RohanNorth - Dominion Plaza,17304 Preston Road,Suite 800, Dallas, TX 75252Tel: +1-888-6006-441Email: sales@marketsandmarkets.comhttp://www.marketsandmarketsblog.comhttp://www.linkedin.com/company/marketsandmarkets http://www.marketsandmarkets.com/Market-Reports/substation-automation-market-1118.html

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