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Global Substation Monitoring System Market Size, by Component (Hardware and software), by Communication Technology (Wired communication and wireless communication technology), by Sector (Transmission and distribution), by Industry (Oil & gas, steel, Utility, Mining and transportation) and Regional Forecasts 2020-2027

August 2020 | 200 pages | ID: GA558E62238DEN
Bizwit Research & Consulting LLP

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Global Substation Monitoring System Market is valued approximately USD 3.80 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.80% over the forecast period 2020-2027. Substation monitoring system provides the information about the electrical transmission and distribution network. The substation monitoring comprises monitoring of different parameters such as voltage, frequency, power input and output of a substation. The data is collected to transmitted through communication technologies to the main station. Substation monitoring system are highly variable, depending on the type of substation, voltage levels, load capacity, grid integration and many other technical parameters. Growing government initiatives regarding promotion of renewable energy across the globe and remarkable application of substation monitoring systems to monitor various components of used in renewable energy transmission system are escalating the growth of market. For instance: According to the Indian Brand Equity Foundation, installed renewable power generation in India grown with CAGR of 17.33% between 2016-2020 and stood at 87.26 GW out of which wind & solar comprised 34.74 GW and 34.81 GW respectively. Also, in 2018, India owned 22 nuclear reactors in operation in 7 nuclear power plants which is having installed capacity of 6,780 MW and produced over 35 Twh of nuclear power in 2017. Similarly, Renewable energy policy by the United States includes policies such as Federal Production Tax Credit (PTC), the Investment Tax Credit (ITC), and the Modified Accelerated Cost-Recovery System (MACRS). Such policies deal with providing economic incentives and subsidies to manufacturer for making production price of renewable energy more cost competitive with tradition fossil fuels. In addition, growing demand for reduction in transmission and distribution losses is the factor restraining the growth of market.

The regional analysis of global Substation Monitoring System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing IOT based communication network. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increase in demand for renewable energy projects would create lucrative growth prospects for the Substation Monitoring System Market across Asia-Pacific region.

Major market player included in this report are:
General Electric
ABB Ltd.
Cisco
Schneider Electric Se
Honeywell
Emerson Electric
Siemens AG
Eaton
Crompton Greaves
Novatech

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component Components of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Hardware
Software

By Communication Technology:
Wired communication technology
Wireless communication technology

By Sector:
Transmission
Distribution

By Industry:
Oil & gas
Steel
Utility
Mining
Transportation

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Substation Monitoring System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
  1.2.1. Substation Monitoring System Market, by Region, 2018-2027 (USD Billion)
  1.2.2. Substation Monitoring System Market, by Component, 2018-2027 (USD Billion)
  1.2.3. Substation Monitoring System Market, by Communication technology, 2018-2027 (USD Billion)
  1.2.4. Substation Monitoring System Market, by Sector, 2018-2027 (USD Billion)
  1.2.5. Substation Monitoring System Market, by Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SUBSTATION MONITORING SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SUBSTATION MONITORING SYSTEM MARKET DYNAMICS

3.1. Substation Monitoring System Market Impact Analysis (2018-2027)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL SUBSTATION MONITORING SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL SUBSTATION MONITORING SYSTEM MARKET, BY COMPONENT

5.1. Market Snapshot
5.2. Global Substation Monitoring System Market by Component, Performance - Potential Analysis
5.3. Global Substation Monitoring System Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4. Substation Monitoring System Market, Sub Segment Analysis
  5.4.1. Hardware
  5.4.2. Software

CHAPTER 6. GLOBAL SUBSTATION MONITORING SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY

6.1. Market Snapshot
6.2. Global Substation Monitoring System Market by Communication technology, Performance - Potential Analysis
6.3. Global Substation Monitoring System Market Estimates & Forecasts by Communication technology 2017-2027 (USD Billion)
6.4. Substation Monitoring System Market, Sub Segment Analysis
  6.4.1. Wired communication technology
  6.4.2. Wireless communication technology

CHAPTER 7. GLOBAL SUBSTATION MONITORING SYSTEM MARKET, BY SECTOR

7.1. Market Snapshot
7.2. Global Substation Monitoring System Market by Sector, Performance - Potential Analysis
7.3. Global Substation Monitoring System Market Estimates & Forecasts by Sector 2017-2027 (USD Billion)
7.4. Substation Monitoring System Market, Sub Segment Analysis
  7.4.1. Transmission
  7.4.2. Distribution

CHAPTER 8. GLOBAL SUBSTATION MONITORING SYSTEM MARKET, BY INDUSTRY

8.1. Market Snapshot
8.2. Global Substation Monitoring System Market by Industry, Performance - Potential Analysis
8.3. Global Substation Monitoring System Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
8.4. Substation Monitoring System Market, Sub Segment Analysis
  8.4.1. Oil & gas
  8.4.2. Steel
  8.4.3. Utility
  8.4.4. Mining
  8.4.5. Transportation

CHAPTER 9. GLOBAL SUBSTATION MONITORING SYSTEM MARKET, REGIONAL ANALYSIS

9.1. Substation Monitoring System Market, Regional Market Snapshot
9.2. North America Substation Monitoring System Market
  9.2.1. U.S. Substation Monitoring System Market
    9.2.1.1. Component breakdown estimates & forecasts, 2017-2027
    9.2.1.2. Communication technology breakdown estimates & forecasts, 2017-2027
    9.2.1.3. Sector breakdown estimates & forecasts, 2017-2027
    9.2.1.4. Industry breakdown estimates & forecasts, 2017-2027
  9.2.2. Canada Substation Monitoring System Market
9.3. Europe Substation Monitoring System Market Snapshot
  9.3.1. U.K. Substation Monitoring System Market
  9.3.2. Germany Substation Monitoring System Market
  9.3.3. France Substation Monitoring System Market
  9.3.4. Spain Substation Monitoring System Market
  9.3.5. Italy Substation Monitoring System Market
  9.3.6. Rest of Europe Substation Monitoring System Market
9.4. Asia-Pacific Substation Monitoring System Market Snapshot
  9.4.1. China Substation Monitoring System Market
  9.4.2. India Substation Monitoring System Market
  9.4.3. Japan Substation Monitoring System Market
  9.4.4. Australia Substation Monitoring System Market
  9.4.5. South Korea Substation Monitoring System Market
  9.4.6. Rest of Asia Pacific Substation Monitoring System Market
9.5. Latin America Substation Monitoring System Market Snapshot
  9.5.1. Brazil Substation Monitoring System Market
  9.5.2. Mexico Substation Monitoring System Market
9.6. Rest of The World Substation Monitoring System Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. General Electric
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Component Summary
    10.2.1.5. Recent Developments
  10.2.2. ABB Ltd.
  10.2.3. Cisco
  10.2.4. Schneider Electric Se
  10.2.5. Honeywell
  10.2.6. Emerson Electric
  10.2.7. Siemens AG
  10.2.8. Eaton
  10.2.9. Crompton Greaves
  10.2.10. Novatech

CHAPTER 11. RESEARCH COMPONENT

11.1. Research Component
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Substation Monitoring System Market, report scope
TABLE 2. Global Substation Monitoring System Market estimates & forecasts by region 2017-2027 (USD Billion)
TABLE 3. Global Substation Monitoring System Market estimates & forecasts by Component 2017-2027 (USD Billion)
TABLE 4. Global Substation Monitoring System Market estimates & forecasts by Communication technology 2017-2027 (USD Billion)
TABLE 5. Global Substation Monitoring System Market estimates & forecasts by Sector 2017-2027 (USD Billion)
TABLE 6. Global Substation Monitoring System Market estimates & forecasts by Industry 2017-2027 (USD Billion)
TABLE 7. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 8. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 9. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 10. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 11. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 12. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 13. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 14. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 15. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 16. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 17. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 18. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 19. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 20. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 21. Global Substation Monitoring System Market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 22. Global Substation Monitoring System Market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 23. U.S. Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 24. U.S. Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 25. U.S. Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 26. Canada Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 27. Canada Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 28. Canada Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 29. UK Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 30. UK Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 31. UK Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 32. Germany Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 33. Germany Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 34. Germany Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 35. France Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 36. France Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 37. France Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 38. Spain Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 39. Spain Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 40. Spain Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 41. Italy Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 42. Italy Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 43. Italy Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 44. ROE Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 45. ROE Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 46. ROE Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 47. China Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 48. China Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 49. China Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 50. India Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 51. India Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 52. India Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 53. Japan Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 54. Japan Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 55. Japan Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 56. Australia Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 57. Australia Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 58. Australia Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 59. South Korea Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 60. South Korea Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 61. South Korea Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 62. ROPAC Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 63. ROPAC Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 64. ROPAC Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 65. Brazil Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 66. Brazil Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 67. Brazil Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 68. Mexico Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 69. Mexico Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 70. Mexico Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 71. ROLA Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 72. ROLA Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 73. ROLA Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 74. ROW Substation Monitoring System Market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 75. ROW Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 76. ROW Substation Monitoring System Market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 77. List of secondary sources, used in the study of global Substation Monitoring System Market
TABLE 78. List of primary sources, used in the study of global Substation Monitoring System Market
TABLE 79. Years considered for the study
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Substation Monitoring System Market, research methodology
FIG 2. Global Substation Monitoring System Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Substation Monitoring System Market, key trends 2019
FIG 5. Global Substation Monitoring System Market, growth prospects 2020-2027
FIG 6. Global Substation Monitoring System Market, porters 5 force model
FIG 7. Global Substation Monitoring System Market, pest analysis
FIG 8. Global Substation Monitoring System Market, value chain analysis
FIG 9. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 10. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 11. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 12. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 13. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 14. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 15. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 16. Global Substation Monitoring System Market by segment, 2017 & 2027 (USD Billion)
FIG 17. Global Substation Monitoring System Market, regional snapshot 2017 & 2027
FIG 18. North America Substation Monitoring System Market 2017 & 2027 (USD Billion)
FIG 19. Europe Substation Monitoring System Market 2017 & 2027 (USD Billion)
FIG 20. Asia Pacific Substation Monitoring System Market 2017 & 2027 (USD Billion)
FIG 21. Latin America Substation Monitoring System Market 2017 & 2027 (USD Billion)
FIG 22. Global Substation Monitoring System Market, company market share analysis (2019)

COMPANIES MENTIONED

General Electric
ABB Ltd.
Cisco
Schneider Electric Se
Honeywell
Emerson Electric
Siemens AG
Eaton
Crompton Greaves
Novatech


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