Aug 25, 2017   SOURCE: BusinessWire

Global Substation Automation Market - Industry Forecast to 2025 - By Communication Channel, Industry, Offering, Installation Type, Module, Type & Geography - Research and Markets

The "Global Substation Automation Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering.

The Global Substation Automation Market is poised to grow at a CAGR of around 6.6% over the next decade to reach approximately $197.5 billion by 2025. Some of the prominent trends that the market is witnessing include high initial investment required for automation and increasing demand for renewable energy generation.

Based on communication channel the market is categorized into optical fiber communication, copper wire communication, power line communication and Ethernet.

By industry, substation automation market is segmented into transportation, oil & gas, mining, steel and utility. Furthermore, utility divided into renewables and non-renewables.

Depending on the offering the market is segregated by services, software and hardware. Furthermore, services divided into repair, testing, & maintenance, installation & commissioning, upgrades & retrofits and training & development. Software is segmented into performance management, production management and asset management. Hardware segmented by digital relays, communication channel, capacitor banks, recloser controllers, load tap changers, protective relays, programmable logic controllers, smart meters and other hardware's.

Based on installation type the market is categorized into new installation and retrofit installation.

By module, substation automation market is segmented into SCADA systems, communication networks and intelligent electronic devices. Communication networks is further segregated into wireless communication and wired communication.

Depending on the type the market is segregated by distribution substations and transmission substations.

Key Trends:

  • High initial investment required for automation
  • Increasing demand for renewable energy generation
  • Recent technological developments in substation automation

Companies Mentioned:

  • ABB Ltd.
  • Siemens AG
  • General Electric
  • Cisco Systems, Inc.
  • Schneider Electric
  • Eaton Corporation PLC
  • Honeywell International, Inc.
  • Schweitzer Engineering Laboratories, Inc.
  • Novatech LLC
  • Crompton Greaves
  • Larsen & Toubro Limited
  • Trilliant Holdings, Inc.
  • Verson Electric Pvt. Ltd.
  • Toshiba Corporation
  • Alstom S.A.
  • Itron, Inc.
  • Echelon Corporation

Key Topics Covered:

1 Market Outline

2 Executive Summary

3 Market Overview

4 Substation Automation Market, By Communication Channel

5 Substation Automation Market, By Industry

6 Substation Automation Market, By Offering

7 Substation Automation Market, By Installation Type

8 Substation Automation Market, By Module

9 Substation Automation Market, By Type

10 Substation Automation Market, By Geography

11 Key Player Activities

12 Leading Companies

For more information about this report visit https://www.researchandmarkets.com/research/kmkxsr/global_substation