Synchrophasor Market Highlights, Business Opportunities and Future Growth Outlook 2018 To 2023

Synchrophasor Market Report

The research report on the Global Synchrophasor Market is an insightful data for all the players operating in the market, including the well-established players and the new entrants. The Global Synchrophasor Market is poised to grow at a CAGR of 24.3% during the forecast period 2018 to 2023. This intelligent study provides the definition, description, and the overall forecasts of the global market, considering the market segments and sub-segments, which includes the product types, technologies, end-users, industry verticals, and the key geographies.

A synchrophasor is a time-synchronized measurement of a quantity described by a phasor. Like a vector, a phasor has magnitude and phase information. Devices called phasor measurement units (PMU) measure voltage and current and with these measurements calculate parameters such as frequency and phase angle. It provides real-time data of the grid system to operators, helping them make decisions to prevent any power outage. The measurements obtained from synchrophasor are used to improve grid visualization, operational monitoring, power system control, stability monitoring, state estimation, and fault analysis. Each measurement taken by a synchrophasor is time-stamped according to a common time reference. This enables synchrophasor from different utilities to be combined and synchronized, which presents a comprehensive view of a regional interconnection.

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Scope of the Report :-

ABB, GE Grid Solutions and Siemens Energy captured the top three revenue share spots in the Synchrophasor market in 2016. ABB dominated with 19.77 % revenue share, followed by GE Grid Solutions with 17.39% revenue share and Siemens Energy with 13.84% revenue share.

In the next five years, the global consumption volume of Synchrophasor will show upwards tendency further, consumption volume is expected in 2022 will be 4521 Units. Especially, in some emergence countries, such as India and Brazil among others, the synchrophasor installation capacity will present an upwards growth rate in the future, because of the national policy and the PMUs’ advantage than SCADA. The global average selling price will be around 74596 $/Unit in 2022.

Regional Synchrophasor Market (Regional Output, Demand & Forecast by Countries):-

• North America (United States, Canada, Mexico)
• South America ( Brazil, Argentina, Ecuador, Chile)
• Asia Pacific (China, Japan, India, Korea)
• Europe (Germany, UK, France, Italy)
• Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More

The report also presents a thorough qualitative and quantitative data pertaining to the projected impact of these factors on market’s future growth prospects. With the inclusive market data concerning the key elements and segments of the global Synchrophasor market that can influence the growth prospects of the market, the report makes for a highly informative document.

Global Synchrophasor market competition by top manufacturers/players: ABB, GE Grid Solutions, Siemens Energy, State Grid Corporation of China, Beijing Sifang Automation, Schweitzer Engineering Laboratories, NR Electric, Arbiter Systems, Vizimax, Macrodyne .

Global Synchrophasor Market Segmented by Types: Synchrophasor, Type II.

Applications analyzed in this report are: – Power Station, Transforming Station, Others.

Table of Contents of the study:-

1 Market Overview

2 Manufacturers Profiles

3 Global Synchrophasor Market Competition, by Manufacturer

4 Global Synchrophasor Market Analysis by Regions

5 North America Synchrophasor by Countries, Type, Application and Manufacturers

6 Europe Synchrophasor by Countries, Type, Application and Manufacturers

7 Asia-Pacific Synchrophasor by Countries, Type, Application and Manufacturers

8 South America Synchrophasor by Countries, Type, Application and Manufacturers

9 Middle East and Africa Synchrophasor by Countries, Type, Application and Manufacturers

10 Synchrophasor Market Forecast (2018-2023)

Continue…

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Besides, the report centers around the major industry participants, considering the company profiles, product portfolio and details, sales, market share and contact data. Furthermore, the Synchrophasor industry growth trends and marketing channels have also been scrutinized.

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