Global Electric Power Substation Automation Market, 2016–2024
Zion Market Research, the market research group announced the analysis report titled “Electric Power Substation Automation Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”
Electric power substation automation is a revolution for the management of networks. Substation is a base for some of the most important functions of the utility and is a part of electrical generation, transmission, and distribution system. Electric power substation automation is a combination of numerous control and data acquisition functions on an automated platform with a minimum number of units to augment the reliability and thereby reducing the cost of operation of the substation automation system.
Request Free Sample Report @ https://www.zionmarketresearch.com/sample/electric-power-substation-automation-market-global-industry-perspective
Electric power substation automation is one of the major developments in a substation technology and also a leading aspect of the smart grid revolution. Electric power substation deals with the generation, transmission and distribution of electricity. Substation automation increases the level of convenience of operations, as it enables an electric utility to remotely monitor, control and coordinate the distribution component installed in the substation.
The electric power substation automation market is mainly driven by the rising demand of smart grid solution. Demand for electric power substation automation increases due to the advancement in smart grid technology. However, some factors such as shortage of skilled workforce and high investment cost are expected to hamper the growth of electric power substation automation industry.
Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/electric-power-substation-automation-market-global-industry-perspective
The study segments the global electric power substation automation market on the basis of the module, automation stage, type, applications and regional segment. Different module includes in electric power substation automation market such as hardware, communication network technology, and SCADA. The automation stage segment of electric power substation automation market is categorized into retrofit and new construction automation stage. Transmission, distribution, and collector substation are the types of the electric power substation. Based on application, electric power substation automation market is segmented into utilities and industry.
Major regional segments analyzed in this study include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, further bifurcation of the region on the country level, which includes U.S., Germany, UK, France, China, Japan and India. Asia Pacific dominated electric power substation automation market owing to rising number of smart grid projects in this region.
Some of the key players in electric power substation automation include Schneider Electric, ABB Ltd., Eaton Corporation, Siemens AG, Alstom S.A, CISCO Systems (U.S), Amperion (U.S), and Ingeteam.
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651