Global Substation Automation Market 2015-2019

About substation automation
Substation automation is the upgrade or improvement of existing electrical substations. This includes incorporation of intelligent technologies and equipment, such as relational databases and advanced communication systems, into power grids. Automation of substations help electric utilities monitor and control the T and D processes of substations remotely, thus, ensuring optimization of power distribution.

Technavio's analysts forecast the global substation automation market to grow at a CAGR of 5.33% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global substation automation market for the period 2015-2019. To calculate the market size, the report covers the revenue generated from sales of various substation automation products such as monitoring and recording, control and protection, IIDS, and integrated communication equipment.

Technavio's report, Global Substation Automation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Asia, Europe, and North America, It also presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key regions
• Asia
• Europe
• North America

Key vendors
• ABB
• GE Energy Management
• Schneider Electric
• Siemens

Other prominent vendors
• Amperion
• BPL Global
• Cisco Systems
• EATON
• Echelon
• Encore Networks
• Grid Net
• Honeywell International
• Infrax Systems
• Itron
• Landis+GYR
• NovaTech
• Open Systems International
• Rockwell Automation
• S&C Electric
• Schweitzer Engg Lab
• Sensus
• Silver Spring Networks
• Subnet Solutions
• Trilliant

Market driver
• Need for reduction in T and D losses
• For a full, detailed list, view our report

Market challenge
• Capital intensive
• For a full, detailed list, view our report

Market trend
• Increase in mergers and acquisitions
• 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?