140 likes | 180 Views
Substation Monitoring System Market by Component (Hardware & Software), Communication Technology (Wired & Wireless), Sector (Transmission & Distribution), Industry (Utility, Oil & Gas, Mining, Steel, and Transportation) and Geography - Global Forecast to 2023
E N D
Substation Monitoring System Market by Component, Future Demands, and Key Players, 2023
Scope of The Report Research report categorizes the Substation Monitoring System Market based on Component, Communication Technology, Sector, Industry and Region. By Component • Hardware • Software By Sector • Transmission • Distribution And More…
Key Segments The substation monitoring system market was valued at USD 3.03 Billion in 2016 and is expected to reach USD 5.21 Billion by 2023, at a growing CAGR of 7.8% during the forecast period. 1 The factors driving the growth of this market are growing demand for reduction in transmission and distribution losses, aging infrastructure, increasing investments (contracts) from the government, improving IoT- based communication network, and developing IEC 61850 standard to enable interoperability between IEDs. 2 3 Browse 63 Market Data Tables and 52 Figures spread through 166 Pages and in-depth TOC on "Substation Monitoring System Market” “Substation monitoring system market for software component is expect ed to grow at the highest CAGR during the forecast period” “Substation monitoring system market for the utility industry to grow at the highest CAGR between 2017 and 2023” 4 5 “Asia Pacific expected to lead the substation monitoring system market between 2017 and 2023”
Substation Monitoring System Market Growth Rate 2023 2017 CAGR of 7.8% Market Size of $ 3.32 Billion Market Size of $ 5.21 Billion
Key Vendors Vendors ABB (Switzerland) Honeywell (US) Siemens (Germany) Schneider Electric (France) Emerson Electric (US) • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/subst ation-monitoring-system-market-213501725.html
Top Region.. North America • Europe • APAC • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/substation-monitoring-system-mark et-213501725.html
Target Audience of the Report: 1. Raw material and manufacturing equipment suppliers 2. Electronic design automation (EDA) and design tool vendors 3. Component manufacturers 4. Original equipment manufacturers (OEMs) 5. Integrated device manufacturers (IDMs) 6. Suppliers and distributors
MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry In-depth analysis of patents & profiles of key m arket players providing a competitive landscape Market data for segments such as technologie s, services & applications across geographi es High level analysis of major market segments a nd identification of opportunities
MarketsandMarkets’ Delivery Model Here's how we can help you... Research coverage can be a wide range in varied or niche categories in the published da ta or custom-made as per client's projects Assess New Product Development from inception to launch Optimize investments in established brands and recommend new approaches in global te rritories Discover potential in new geographical markets and analyze how to successfully expand i nto them Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Lands cape
MarketsandMarkets’ Our Expertise Our Expertise Compelling Business cases Market size Estimations Company & Market Best Practices Entry or Go-To-Market strategies Market Dynamics, Positioning and Segmentations Competitive Landscaping and Benchmarking Opportunity Analysis Economic Forecasting Industry-specific Technology solutions Roadmap Analysis
Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101, Magarpatta SEZ, Hadapsar, Pune-411013, India +1-888-600-6441