The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Synchrophasor Market Research Report 2024
Synopsis
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.
The global Synchrophasor market was valued at US$ 272.4 million in 2023 and is anticipated to reach US$ 1269.6 million by 2030, witnessing a CAGR of 24.3% during the forecast period 2024-2030.
Schweitzer Engineering Laboratories, ABB, Siemens Energy and Beijing Sifang Automation captured the Top 4 revenue share spots in the Synchrophasor market in 2019. Schweitzer Engineering Laboratories dominated with 16.19% revenue share, followed by ABB with 15.68%, Siemens Energy with 11.41% and Beijing Sifang Automation with 10.71%.
This report aims to provide a comprehensive presentation of the global market for Synchrophasor, 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 Synchrophasor.
Report Scope
The Synchrophasor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and 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 Synchrophasor 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 Synchrophasor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems
Segment by Type
Type I
Type II
Segment by Application
Power Station
Transforming Station
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, 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: Detailed analysis of Synchrophasor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchrophasor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Synchrophasor in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Synchrophasor market was valued at US$ 272.4 million in 2023 and is anticipated to reach US$ 1269.6 million by 2030, witnessing a CAGR of 24.3% during the forecast period 2024-2030.
Schweitzer Engineering Laboratories, ABB, Siemens Energy and Beijing Sifang Automation captured the Top 4 revenue share spots in the Synchrophasor market in 2019. Schweitzer Engineering Laboratories dominated with 16.19% revenue share, followed by ABB with 15.68%, Siemens Energy with 11.41% and Beijing Sifang Automation with 10.71%.
This report aims to provide a comprehensive presentation of the global market for Synchrophasor, 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 Synchrophasor.
Report Scope
The Synchrophasor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and 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 Synchrophasor 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 Synchrophasor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems
Segment by Type
Type I
Type II
Segment by Application
Power Station
Transforming Station
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, 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: Detailed analysis of Synchrophasor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchrophasor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Synchrophasor in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Synchrophasor Market Overview
1.1 Product Definition
1.2 Synchrophasor Segment by Type
1.2.1 Global Synchrophasor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Type I
1.2.3 Type II
1.3 Synchrophasor Segment by Application
1.3.1 Global Synchrophasor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power Station
1.3.3 Transforming Station
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synchrophasor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Synchrophasor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Synchrophasor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Synchrophasor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synchrophasor Production Market Share by Manufacturers (2019-2024)
2.2 Global Synchrophasor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Synchrophasor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Synchrophasor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Synchrophasor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Synchrophasor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synchrophasor, Product Offered and Application
2.8 Global Key Manufacturers of Synchrophasor, Date of Enter into This Industry
2.9 Synchrophasor Market Competitive Situation and Trends
2.9.1 Synchrophasor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synchrophasor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synchrophasor Production by Region
3.1 Global Synchrophasor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Synchrophasor Production Value by Region (2019-2030)
3.2.1 Global Synchrophasor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Synchrophasor by Region (2025-2030)
3.3 Global Synchrophasor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Synchrophasor Production by Region (2019-2030)
3.4.1 Global Synchrophasor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Synchrophasor by Region (2025-2030)
3.5 Global Synchrophasor Market Price Analysis by Region (2019-2024)
3.6 Global Synchrophasor Production and Value, Year-over-Year Growth
3.6.1 North America Synchrophasor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Synchrophasor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Synchrophasor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Synchrophasor Production Value Estimates and Forecasts (2019-2030)
4 Synchrophasor Consumption by Region
4.1 Global Synchrophasor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Synchrophasor Consumption by Region (2019-2030)
4.2.1 Global Synchrophasor Consumption by Region (2019-2024)
4.2.2 Global Synchrophasor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Synchrophasor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Synchrophasor Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synchrophasor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Synchrophasor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Synchrophasor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Synchrophasor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Synchrophasor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Synchrophasor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Synchrophasor Production by Type (2019-2030)
5.1.1 Global Synchrophasor Production by Type (2019-2024)
5.1.2 Global Synchrophasor Production by Type (2025-2030)
5.1.3 Global Synchrophasor Production Market Share by Type (2019-2030)
5.2 Global Synchrophasor Production Value by Type (2019-2030)
5.2.1 Global Synchrophasor Production Value by Type (2019-2024)
5.2.2 Global Synchrophasor Production Value by Type (2025-2030)
5.2.3 Global Synchrophasor Production Value Market Share by Type (2019-2030)
5.3 Global Synchrophasor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Synchrophasor Production by Application (2019-2030)
6.1.1 Global Synchrophasor Production by Application (2019-2024)
6.1.2 Global Synchrophasor Production by Application (2025-2030)
6.1.3 Global Synchrophasor Production Market Share by Application (2019-2030)
6.2 Global Synchrophasor Production Value by Application (2019-2030)
6.2.1 Global Synchrophasor Production Value by Application (2019-2024)
6.2.2 Global Synchrophasor Production Value by Application (2025-2030)
6.2.3 Global Synchrophasor Production Value Market Share by Application (2019-2030)
6.3 Global Synchrophasor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schweitzer Engineering Laboratories
7.1.1 Schweitzer Engineering Laboratories Synchrophasor Corporation Information
7.1.2 Schweitzer Engineering Laboratories Synchrophasor Product Portfolio
7.1.3 Schweitzer Engineering Laboratories Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schweitzer Engineering Laboratories Main Business and Markets Served
7.1.5 Schweitzer Engineering Laboratories Recent Developments/Updates
7.2 ABB
7.2.1 ABB Synchrophasor Corporation Information
7.2.2 ABB Synchrophasor Product Portfolio
7.2.3 ABB Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 Beijing Sifang Automation Co., Ltd.
7.3.1 Beijing Sifang Automation Co., Ltd. Synchrophasor Corporation Information
7.3.2 Beijing Sifang Automation Co., Ltd. Synchrophasor Product Portfolio
7.3.3 Beijing Sifang Automation Co., Ltd. Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Beijing Sifang Automation Co., Ltd. Main Business and Markets Served
7.3.5 Beijing Sifang Automation Co., Ltd. Recent Developments/Updates
7.4 State Grid Corporation of China
7.4.1 State Grid Corporation of China Synchrophasor Corporation Information
7.4.2 State Grid Corporation of China Synchrophasor Product Portfolio
7.4.3 State Grid Corporation of China Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 State Grid Corporation of China Main Business and Markets Served
7.4.5 State Grid Corporation of China Recent Developments/Updates
7.5 Siemens Energy
7.5.1 Siemens Energy Synchrophasor Corporation Information
7.5.2 Siemens Energy Synchrophasor Product Portfolio
7.5.3 Siemens Energy Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Siemens Energy Main Business and Markets Served
7.5.5 Siemens Energy Recent Developments/Updates
7.6 NR Electric
7.6.1 NR Electric Synchrophasor Corporation Information
7.6.2 NR Electric Synchrophasor Product Portfolio
7.6.3 NR Electric Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 NR Electric Main Business and Markets Served
7.6.5 NR Electric Recent Developments/Updates
7.7 GE Grid Solutions
7.7.1 GE Grid Solutions Synchrophasor Corporation Information
7.7.2 GE Grid Solutions Synchrophasor Product Portfolio
7.7.3 GE Grid Solutions Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GE Grid Solutions Main Business and Markets Served
7.7.5 GE Grid Solutions Recent Developments/Updates
7.8 Vizimax
7.8.1 Vizimax Synchrophasor Corporation Information
7.8.2 Vizimax Synchrophasor Product Portfolio
7.8.3 Vizimax Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Vizimax Main Business and Markets Served
7.7.5 Vizimax Recent Developments/Updates
7.9 Arbiter Systems
7.9.1 Arbiter Systems Synchrophasor Corporation Information
7.9.2 Arbiter Systems Synchrophasor Product Portfolio
7.9.3 Arbiter Systems Synchrophasor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Arbiter Systems Main Business and Markets Served
7.9.5 Arbiter Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synchrophasor Industry Chain Analysis
8.2 Synchrophasor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synchrophasor Production Mode & Process
8.4 Synchrophasor Sales and Marketing
8.4.1 Synchrophasor Sales Channels
8.4.2 Synchrophasor Distributors
8.5 Synchrophasor Customers
9 Synchrophasor Market Dynamics
9.1 Synchrophasor Industry Trends
9.2 Synchrophasor Market Drivers
9.3 Synchrophasor Market Challenges
9.4 Synchrophasor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Energy & Power Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
