Substation monitoring system that provides the
information about the electrical transmission and distribution network. The
substation monitoring involves the monitoring of different parameters such as
voltage, frequency, power input and output of a substation. This data is
collected to transmitted through communication technologies to the main
station. These data related to these parameters are captured from various
devices installed in a substation including transformers, switchgears,
conductors & isolators, and circuit breakers, among others. Substation
monitoring provides numerous advantages while monitoring, controlling, and
managing a substation. These advantages include remote monitoring to avoid
further power loss and time, low maintenance required, high accuracy and
efficiency, and entire system can be shut down for quick repairs and
re-installations.
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The global substation monitoring market is set to
witness high growth owing to increasing population. The changing electricity
consumption pattern in the region has led to T&D losses. So, to minimize
the T&D losses has triggered the need for a proper system to mitigate the
losses occurring due to complex electricity T&D network. However, the
government of various Asian economies are actively participating in the energy
efficiency in the T&D network.
Segmentation
The Substation Monitoring Market has been segmented
based on industries into oil & gas, utility, steel, transportation, and
mining, among others. Utility segment is leading the market owing to the
increasing implementation of substation monitoring system for reduction in
transmission and distribution losses as well as ageing infrastructure of
electric substations.
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Leading
Players
The key players of the global Substation Monitoring
Market are Siemens AG, ABB Ltd., Schneider Electric, General Electric, Cisco,
Emerson Electric, Honeywell, Eaton, Emerson Electric, Crompton Greaves,
Schweitzer Engineering Laboratories, Novatech, Igrid T&D, Sentient Energy,
Cadillac Automation and Controls, Tekvel, and I-TOR, among others
Scope of
the Report
This research report provides insights into various
levels of analysis, such as industry analysis and market share analysis for the
leading industry competitors, along with their profiles. It also helps in
studying the target segments by providing views on the emerging &
high-growth segments. The market data comprises the basic assessment of the
competitive scenarios and strategies in the global Substation Monitoring
Market, including high-growth regions and/or countries, and political and
economic environments. The project report further provides both – historical
market values and pricing & cost analysis.
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