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Global Substation Wide Area Monitoring System Market 2018-2022

Global Substation Wide Area Monitoring System Market 2018-2022

About substation wide area monitoring system

Wide area monitoring systems are used for continuous monitoring of the condition of transmission systems over a wide geography with the use of data acquired through phasor measurement technology.

Technavio’s analysts forecast the global substation wide area monitoring system market to grow at a CAGR of 20.61% during the period 2017-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global substation wide area monitoring system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of wide area monitoring systems projects in substations through the deployment of phasor measurement units (PMUs), phasor data concentrators (PDCs), communication networks, PDC solutions, and related services. The market exclusions are SCADA systems, bay control solutions, protection solutions, station level solutions, and digital substations.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Substation Wide Area Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Electric Power Group
  • General Electric
  • Schneider Electric
  • Schweitzer Engineering Laboratories
  • Siemens
Market driver
  • Rising investments in smart grid projects
  • For a full, detailed list, view our report
Market challenge
  • Interoperability issues
  • For a full, detailed list, view our report
Market trend
  • Substation upgrading projects in US
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Substation Wide Area Monitoring System Market 2018-2022

Technavio recognizes the following companies as the key players in the global substation wide area monitoring system market: ABB, Electric Power Group, General Electric, Schneider Electric, Schweitzer Engineering Laboratories, Siemens

Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is substation upgrading projects in US”

According to the report, one driver that is affecting the market is rising investments in smart grid projects”

Further, the report states that one challenge that is affecting the market is interoperability issues”

Companies Mentioned

ABB
Electric Power Group
General Electric
Schneider Electric
Schweitzer Engineering Laboratories
Siemens

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global substation automation market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Advantages of substation wide area monitoring system
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global substation wide area monitoring system market - Market size and forecast 2017-2022 ($ mn)
      • Table Global substation wide area monitoring system market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by solution
    • Segmentation by solution
      • Table Solution - Market share 2017-2022 (%)
    • Comparison by solution
      • Table Comparison by solution
    • Communication network - Market size and forecast 2017-2022
      • Table Communication network - Market size and forecast 2017-2022 ($ mn)
      • Table Communication network - Year-over-year growth 2018-2022 (%)
    • Services - Market size and forecast 2017-2022
      • Table Services - Market size and forecast 2017-2022 ($ mn)
      • Table Services - Year-over-year growth 2018-2022 (%)
    • Hardware and software - Market size and forecast 2017-2022
      • Table Hardware and software - Market size and forecast 2017-2022 ($ mn)
      • Table Hardware and software - Year-over-year growth 2018-2022 (%)
    • Market opportunity by solution
      • Table Market opportunity by solution
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table US - Substation projects
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Substation projects
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Substation projects
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Benefits of smart grids
      • Table Smart grid projects
      • Table Global investments in electricity networks 2004-2016 ($ bn)
      • Table Number of power outages in US 2009-2016
    • Market challenges
  • Market trends
    • Substation upgrading projects in US
      • Table US - Substation upgrading projects
    • Increasing wind energy projects
      • Table Wind farm projects
      • Table Other wind energy projects
    • Adoption of wide area monitoring system in China and India
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB - Overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Electric Power Group
      • Table Electric Power Group - Overview
      • Table Electric Power Group - Product segments
      • Table Electric Power Group - Organizational developments
      • Table Electric Power Group - Geographic focus
      • Table Electric Power Group - Key offerings
    • General Electric
      • Table General Electric - Overview
      • Table General Electric - Business segments
      • Table General Electric - Organizational developments
      • Table General Electric - Geographic focus
      • Table General Electric - Segment focus
      • Table General Electric - Key offerings
    • Schneider Electric
      • Table Schneider Electric - Overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Schweitzer Engineering Laboratories
      • Table Schweitzer Engineering Laboratories - Overview
      • Table Schweitzer Engineering Laboratories - Customer segments
      • Table Schweitzer Engineering Laboratories - Organizational developments
      • Table Schweitzer Engineering Laboratories - Geographic focus
      • Table Schweitzer Engineering Laboratories - Key offerings
    • Siemens
      • Table Siemens - Overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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