Substation Automation Market 2023: Market Trends, Emerging Opportunities and Key Vendors - PowerPoint PPT Presentation

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Substation Automation Market 2023: Market Trends, Emerging Opportunities and Key Vendors

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Global Substation Automation Market Research Report: by Component (Load Tap Controller), Module (Communication Network), Communication Channel (Ethernet, copper wire, power line, and optical fiber communication), Industry (Utility) - Forecast till 2023 Get Complete Report @ – PowerPoint PPT presentation

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Title: Substation Automation Market 2023: Market Trends, Emerging Opportunities and Key Vendors


1
Market Research Future
Global Substation Automation Market Research
Report - Forecast to 2023
The global substation automation market is
growing rapidly. The increasing demand of
distributed intelligence is propelling the market
growth of application development. For instance,
the companies are investing in substation
automation which is widely used for the utility
industry. The growing urbanization along with
increasing demand of electricity is boosting the
demand of Substation Automation Market. These
controllers are widely used in the utility
industry. The real time automation controller
which is boosting the demand of substation
automation market. These automation controller
are rugged, reliable to use and reduces training
and flexible for application. It is integrated
with human-machine interface which offer offer
comprehensive data visualization. According to
the Market Research Future Analysis, the global
substation automation market is expected to reach
USD 51 Billion by the end of the forecast period
at a CAGR of 9. https//www.marketresearchfutu
re.com/reports/substation-automation-market-1016
1 (339) 368 6938 (US)
44 208 133 9349 (UK)
2
Market Research Future
Regional Analysis The global substation
automation market consists of the North America,
Europe, Asia Pacific, and Rest of the world.
North America is dominating the global substation
automation market. The substation automation
market is witnessing the high growth due to
increasing demand for advanced metering
infrastructure among various industries including
utility, transportation, mining, steel, and among
others. Europe is projected to hold the second
largest share of the global substation automation
market during the forecast period due to
increasing demand of reducing time of
transmission substations. Asia Pacific is
expected to witness the highest CAGR in the
coming years. The study was conducted using an
objective combination of primary and secondary
information including inputs from key
participants in the industry. The report contains
a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key
vendors. Access Full Report _at_
https//www.marketresearchfuture.com/reports/subst
ation-automation-market-1016
1 (339) 368 6938 (US)
44 208 133 9349 (UK)
3
Market Research Future
  • Market Segments
  • The global substation automation market is
    segmented into component, module, communication
    channel, industry, and region. The component is
    sub-segmented into recloser controller, capacitor
    bank controller, smart meter, load tap controller
    and others. The module is sub-segmented into
    SCADA, intelligent electronic device,
    communication network and others. The
    communication channel segment is sub-segmented
    into Ethernet, copper wire communication, power
    line communication, optical fiber communication
    and others. The industry is sub-segmented into
    utility, transportation, mining, steel, and
    others. The global market is spanned across North
    America, Europe, Asia Pacific, and rest of the
    world.
  • Request a Sample Report _at_ https//www.marketresear
    chfuture.com/sample_request/1016

1 (339) 368 6938 (US)
44 208 133 9349 (UK)
4
Market Research Future
Major Players in this Research Some of the
prominent players in the global substation
automation market are Schneider Electric
(France), Siemens AG (Germany), ABB Group
(Switzerland), General Electric (U.S.), Tropos
Network (U.S.), EATON Corp. (U.S.), Encore
Networks (U.S.), Grid Net (U.S.), Cisco Systems,
Inc. (U.S.), Cooper Industries (U.S.), Larsen
Toubro Limited (India), Power System Engineering,
Inc. (U.S.), Texas Instruments (U.S.), Axiomtek
Co. Ltd (Taiwan),Toshiba Corporation (Japan),
Ametek (U.S.), SAE IT-systems GmbH Co. KG
(Germany), among others. Get More Information
_at_ https//www.marketresearchfuture.com/press-relea
se/substation-automation-industry
1 (339) 368 6938 (US)
44 208 133 9349 (UK)
5
Market Research Future
About Market Research Future At Market Research
Future (MRFR), we enable our customers to unravel
the complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. In order to stay
updated with technology and work process of the
industry, MRFR often plans conducts meet with
the industry experts and industrial visits for
its research analyst members. Know more
http//www.marketresearchfuture.com/about-us
1 (339) 368 6938 (US)
44 208 133 9349 (UK)
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