The Global Synchrophasor Market Growth 2019-2024 Report added by
DecisionDatabases.com gives an in depth industry analysis of the market. It
covers the costing, sales, revenue details and forecasts.
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.
ABB, GE Grid Solutions and Siemens Energy captured the top three
revenue share spots in the Synchrophasor market in 2016. ABB dominated with
19.77 % revenue share, followed by GE Grid Solutions with 17.39% revenue share
and Siemens Energy with 13.84% revenue share.
According to this study, over the next five years the Synchrophasor
market will register a 24.3% CAGR in terms of revenue, the global market size
will reach US$ 280 million by 2024, from US$ 96 million in 2019. In particular,
this report presents the global market share (sales and revenue) of key
companies in Synchrophasor business, shared in Chapter 3.
Browse the complete Synchrophasor market Report
and TOC @ https://www.decisiondatabases.com/ip/18947-synchrophasor-market-analysis-report
The key manufacturers
covered in this report:
·
ABB
·
GE Grid Solutions
·
Siemens Energy
·
State Grid Corporation of China
·
Beijing Sifang Automation
·
Schweitzer Engineering
Laboratories
·
NR Electric
·
Arbiter Systems
·
Vizimax
·
Macrodyne
Segmentation by product
type:
·
Synchrophasor
·
Type II
Segmentation by
application:
·
Power Station
·
Transforming Station
·
Others
This report also splits the market by region:
·
Americas
·
United States
·
Canada
·
Mexico
·
Brazil
·
APAC
·
China
·
Japan
·
…….
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Report of Global Synchrophasor Market Report @
Research objectives
·
To study and analyze the global
Synchrophasor consumption (value & volume) by key regions/countries,
product type and application, history data from 2014 to 2018, and forecast to
2024.
·
To understand the structure of Synchrophasor
market by identifying its various subsegments.
·
Focuses on the key global Synchrophasor
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the Synchrophasor
with respect to individual growth trends, future prospects, and their
contribution to the total market.
·
To share detailed information
about the key factors influencing the growth of the market (growth potential,
opportunities, drivers, industry-specific challenges and risks).
·
To project the consumption of Synchrophasor
submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive
developments such as expansions, agreements, new product launches, and
acquisitions in the market.
·
To strategically profile the
key players and comprehensively analyze their growth strategies.
Purchase the complete Global
Synchrophasor Market Research Report @
Other Reports by
DecisionDatabases.com:
Global Permanent Magnet Synchronous Motor (PMSM) Market Growth
2019-2024 @
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
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Web: www.decisiondatabases.com/
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