Automotive Industry Today

Global Substation Automation Market Measurement, Development Prospects to 2027

The Substation Automation Market is expected to grow with the CAGR of almost 10% from 2016 to 2027. The various major growth of the market is due to immense growth infrastructural activities, smart grid installations and increasing electrification projects.
Published 29 July 2016
Global Substation Automation Market Information Report by Application (Transmission and Distribution), by Components (Hardware, Software and Services), by Type (New and Retrofit) and by Region - Forecast to 2027
 
Taste the market data and market information presented through more than 70 market data tables and figures spread in 120 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Substation Automation Market Research Report - Forecast to 2027
 
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Distribution to dominate the market
Rapid additions of transmission lines across the globe in recent times are one of the main reasons which are boosting the global substation automation market. The distribution market is expected to grow at a rapid pace registering a high CAGR which will perfectly compliment the growth and development of the Substation Automation market.
 
North America dominates the market; however Asia-Pacific is the fastest growing region
North America is one of the leading markets for the substation automation market. Increasing activities revolving around smart grid infrastructure is one of the major factors that is boosting the demand in the developed nations. Asia-pacific is another growing market mainly due to the infrastructural activities and major electrification projects in the near future.
 
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This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as ABB ltd, Alstom S.A., Toshiba Corporation, Siemens AG, Open system International, Kalki Communication Technologies, Cisco Systems Inc, General Electric Company.
 
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global plate heat exchanger device market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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