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Global Substation Wide Area Monitoring System Market Research Report 2024
Synopsis
Wide area monitoring systems help power system operators continuously analyze all the features of a large power network in real time. Utilizing phasor measurement units (PMUs), information can be recorded and monitored to detect disturbances and improve knowledge of network behavior under dynamic conditions, enabling system operators to maximize power flow and network stability.
The global Substation Wide Area Monitoring System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The increasing investments in smart grid projects is expected to be one of the major substation wide area monitoring system market drivers during the forecast period. Smart grid projects with the implementation of the wide area monitoring technology have created an influence on utility consumers based on uninterrupted power. The smart grids offer advantages such as peak load and outage management, offers lower number of transformer failures, and reduction and instant recovery of unexpected power failures. This will lead to the increased demand for substation wide area monitoring system market.
This report aims to provide a comprehensive presentation of the global market for Substation Wide Area Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Substation Wide Area Monitoring System.
Report Scope
The Substation Wide Area Monitoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Substation Wide Area Monitoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Substation Wide Area Monitoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Electric Power Group
General Electric
Sc+I34650hneider Electric
Siemens
Segment by Type
Phasor Measurement Units (PMUs)
Phasor Data Concentrators (PDCs)
Communication Networks
PDC Solutions
Segment by Application
Transmission Substation
Distribution Substation
Collector Substation
Converter Substations
Switching Station
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Substation Wide Area Monitoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Wide area monitoring systems help power system operators continuously analyze all the features of a large power network in real time. Utilizing phasor measurement units (PMUs), information can be recorded and monitored to detect disturbances and improve knowledge of network behavior under dynamic conditions, enabling system operators to maximize power flow and network stability.
The global Substation Wide Area Monitoring System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The increasing investments in smart grid projects is expected to be one of the major substation wide area monitoring system market drivers during the forecast period. Smart grid projects with the implementation of the wide area monitoring technology have created an influence on utility consumers based on uninterrupted power. The smart grids offer advantages such as peak load and outage management, offers lower number of transformer failures, and reduction and instant recovery of unexpected power failures. This will lead to the increased demand for substation wide area monitoring system market.
This report aims to provide a comprehensive presentation of the global market for Substation Wide Area Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Substation Wide Area Monitoring System.
Report Scope
The Substation Wide Area Monitoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Substation Wide Area Monitoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Substation Wide Area Monitoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Electric Power Group
General Electric
Sc+I34650hneider Electric
Siemens
Segment by Type
Phasor Measurement Units (PMUs)
Phasor Data Concentrators (PDCs)
Communication Networks
PDC Solutions
Segment by Application
Transmission Substation
Distribution Substation
Collector Substation
Converter Substations
Switching Station
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Substation Wide Area Monitoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Substation Wide Area Monitoring System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Phasor Measurement Units (PMUs)
1.2.3 Phasor Data Concentrators (PDCs)
1.2.4 Communication Networks
1.2.5 PDC Solutions
1.3 Market by Application
1.3.1 Global Substation Wide Area Monitoring System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Transmission Substation
1.3.3 Distribution Substation
1.3.4 Collector Substation
1.3.5 Converter Substations
1.3.6 Switching Station
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Substation Wide Area Monitoring System Market Perspective (2019-2030)
2.2 Substation Wide Area Monitoring System Growth Trends by Region
2.2.1 Global Substation Wide Area Monitoring System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Substation Wide Area Monitoring System Historic Market Size by Region (2019-2024)
2.2.3 Substation Wide Area Monitoring System Forecasted Market Size by Region (2025-2030)
2.3 Substation Wide Area Monitoring System Market Dynamics
2.3.1 Substation Wide Area Monitoring System Industry Trends
2.3.2 Substation Wide Area Monitoring System Market Drivers
2.3.3 Substation Wide Area Monitoring System Market Challenges
2.3.4 Substation Wide Area Monitoring System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Substation Wide Area Monitoring System Players by Revenue
3.1.1 Global Top Substation Wide Area Monitoring System Players by Revenue (2019-2024)
3.1.2 Global Substation Wide Area Monitoring System Revenue Market Share by Players (2019-2024)
3.2 Global Substation Wide Area Monitoring System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Substation Wide Area Monitoring System Revenue
3.4 Global Substation Wide Area Monitoring System Market Concentration Ratio
3.4.1 Global Substation Wide Area Monitoring System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Substation Wide Area Monitoring System Revenue in 2023
3.5 Substation Wide Area Monitoring System Key Players Head office and Area Served
3.6 Key Players Substation Wide Area Monitoring System Product Solution and Service
3.7 Date of Enter into Substation Wide Area Monitoring System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Substation Wide Area Monitoring System Breakdown Data by Type
4.1 Global Substation Wide Area Monitoring System Historic Market Size by Type (2019-2024)
4.2 Global Substation Wide Area Monitoring System Forecasted Market Size by Type (2025-2030)
5 Substation Wide Area Monitoring System Breakdown Data by Application
5.1 Global Substation Wide Area Monitoring System Historic Market Size by Application (2019-2024)
5.2 Global Substation Wide Area Monitoring System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Substation Wide Area Monitoring System Market Size (2019-2030)
6.2 North America Substation Wide Area Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Substation Wide Area Monitoring System Market Size by Country (2019-2024)
6.4 North America Substation Wide Area Monitoring System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Substation Wide Area Monitoring System Market Size (2019-2030)
7.2 Europe Substation Wide Area Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Substation Wide Area Monitoring System Market Size by Country (2019-2024)
7.4 Europe Substation Wide Area Monitoring System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Substation Wide Area Monitoring System Market Size (2019-2030)
8.2 Asia-Pacific Substation Wide Area Monitoring System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Substation Wide Area Monitoring System Market Size by Region (2019-2024)
8.4 Asia-Pacific Substation Wide Area Monitoring System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Substation Wide Area Monitoring System Market Size (2019-2030)
9.2 Latin America Substation Wide Area Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Substation Wide Area Monitoring System Market Size by Country (2019-2024)
9.4 Latin America Substation Wide Area Monitoring System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Substation Wide Area Monitoring System Market Size (2019-2030)
10.2 Middle East & Africa Substation Wide Area Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Substation Wide Area Monitoring System Market Size by Country (2019-2024)
10.4 Middle East & Africa Substation Wide Area Monitoring System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Substation Wide Area Monitoring System Introduction
11.1.4 ABB Revenue in Substation Wide Area Monitoring System Business (2019-2024)
11.1.5 ABB Recent Development
11.2 Electric Power Group
11.2.1 Electric Power Group Company Detail
11.2.2 Electric Power Group Business Overview
11.2.3 Electric Power Group Substation Wide Area Monitoring System Introduction
11.2.4 Electric Power Group Revenue in Substation Wide Area Monitoring System Business (2019-2024)
11.2.5 Electric Power Group Recent Development
11.3 General Electric
11.3.1 General Electric Company Detail
11.3.2 General Electric Business Overview
11.3.3 General Electric Substation Wide Area Monitoring System Introduction
11.3.4 General Electric Revenue in Substation Wide Area Monitoring System Business (2019-2024)
11.3.5 General Electric Recent Development
11.4 Sc+I34650hneider Electric
11.4.1 Sc+I34650hneider Electric Company Detail
11.4.2 Sc+I34650hneider Electric Business Overview
11.4.3 Sc+I34650hneider Electric Substation Wide Area Monitoring System Introduction
11.4.4 Sc+I34650hneider Electric Revenue in Substation Wide Area Monitoring System Business (2019-2024)
11.4.5 Sc+I34650hneider Electric Recent Development
11.5 Siemens
11.5.1 Siemens Company Detail
11.5.2 Siemens Business Overview
11.5.3 Siemens Substation Wide Area Monitoring System Introduction
11.5.4 Siemens Revenue in Substation Wide Area Monitoring System Business (2019-2024)
11.5.5 Siemens Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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