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The synchrophasor market is forecasted to grow by USD 177.94 mn during 2023-2028, accelerating at a CAGR of 11% during the forecast period. The report on the synchrophasor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for reducing grid outages, rise in installed capacity of renewable energy, and government support to enhance grid reliability.
The synchrophasor market is segmented as below:
By Application
- Power station
- Transforming station
- Others
By Component
- Hardware
- Software
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the synchrophasor market covers the following areas:
- Synchrophasor market sizing
- Synchrophasor market forecast
- Synchrophasor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global synchrophasor market: ABB Ltd., ALSTOM SA, Arbiter Systems Inc., ElectraNet Pty Ltd., Electric Power Group LLC, ERLPhase Power Technologies Ltd., Fortive Corp., General Electric Co., Hitachi Ltd., Quanta Technology LLC, Schneider Electric SE, Schweitzer Engineering Laboratories Inc., SHENZHEN GUOWANG NARI TECHNOLOGY CO. LTD., Siemens AG, Toshiba Corp., and Vizimax Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing benefits and advancements of smart grids.'
According to the report, one of the major drivers for this market is the increasing need for reducing grid outages.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ALSTOM SA
- Arbiter Systems Inc.
- ElectraNet Pty Ltd.
- Electric Power Group LLC
- ERLPhase Power Technologies Ltd.
- Fortive Corp.
- General Electric Co.
- Hitachi Ltd.
- Quanta Technology LLC
- Schneider Electric SE
- Schweitzer Engineering Laboratories Inc.
- SHENZHEN GUOWANG NARI TECHNOLOGY CO. LTD.
- Siemens AG
- Toshiba Corp.
- Vizimax Inc.
