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Synchrophasors Market in the US 2015

Synchrophasors Market in the US 2015

About synchrophasor

Synchrophasor is a technology that is used by utilities to implement smart grid at the transmission level; it is a precise, smart grid measurement technology that takes measurements at a high rate compared to conventional technology like SCADA. It provides the status of the grid in real time to grid operators and ensures that the system is functioning at a reliable level and plan for the future developments. Synchrophasor enhances the grid by displaying the measurements in dashboards and provides visualisation of the grid, so that any stress can be detected or anticipate any situations that could lead to a power outage.

Technavio’s analysts forecast the synchrophasors market in the US to grow at a CAGR of 28.45% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the synchrophasors market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales and number of synchrophasors units installed.

Technavio’s report, Synchrophasors Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US market, and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

  • ABB
  • AEG
  • Alstom Grid
  • Arbiter Systems
  • Schweitzer Engineering Laboratories
  • Siemens Energy
Other prominent vendors
  • Comverge
  • ERLPhase Power Technologies
  • Green Mountain Power
  • Macrodyne
  • Utility Systems
Key market driver
  • Growing need for grid modernization and reliability
  • For a full, detailed list, view our report
Key market challenge
  • Interoperability issues
  • For a full, detailed list, view our report
Key market trend
  • Increased adoption of smart grid technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 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 – Synchrophasors Market in the US 2015-2019

Technavio recognizes the following companies as the key players in the Synchrophasors Market in the US: ABB, AEG, Alstom grid, Arbiter systems, Schweitzer engineering laboratories and Siemens energy

Other Prominent Vendors in the market are: Comverge, ERLPhase Power Technologies, Green Mountain Power, Macrodyne, and Utility Systems.

Commenting on the report, an analyst from Technavio’s team said: “As a consequence of the increased use of synchrophasor technology, more applications are being explored through the implementation pilot projects. If the pilot projects are successful, the prototype application can be rolled out for widespread adoption. Examples of some successful pilot projects that have been rolled out thus far include phase balancing using three-phase measurements and locating faults in power distribution systems.”

According to the report, the grid initially used some basic technologies, but over the years there has been an increase in the load on the infrastructure. Coupled with an aging infrastructure this has led to the grid becoming prone to sudden outages causing blackouts. This is leading to the modernization of the grid.

Further, the report states that aging infrastructure requires that PMUs are compatible with older devices but they also have to be able to meet the evolving standards, which is causing interoperability issues."

Companies Mentioned

ABB, AEG, Alstom grid, Arbiter systems, Schweitzer engineering laboratories, Siemens energy, Comverge, ERLPhase Power Technologies, Green Mountain Power, Macrodyne, Utility Systems.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Recovery Act smart grid programs
      • Table Types of SGIG project
      • Table SGDP project categories
    • Technology overview
      • Table Synchrophasor communication
    • Market size and forecast
      • Table Synchrophasors market in US 2014-2019 (units)
      • Table Synchrophasors market in US 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Advanced applications of synchrophasors
    • Online applications
    • Offline applications
  • Major synchrophasor projects in US
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
  • Key vendor analysis
    • ABB
      • Table ABB: Business segmentation by revenue 2014
      • Table ABB: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table ABB: Geographical segmentation by revenue 2014
    • AEG
    • Alstom Grid
      • Table Alstom Grid: Business segmentation
    • Arbiter Systems
    • Schweitzer Engineering Laboratories
      • Table Schweitzer Engineering Laboratories: Business segmentation
    • Siemens Energy
  • Appendix
    • List of abbreviations
  • Explore Technavio

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