Market Overview

Global Substation Wide Area Monitoring System Market 2018-2022 | Americas Dominates the Global Market | Technavio

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According to the latest market research report released by Technavio,
the global substation wide area monitoring system market is expected to
accelerate at a CAGR of almost 21% during the forecast period. The
rising investments in smart grid projects is one of the key factors
triggering the growth of the market.

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Technavio has published a new market research report on the global substation wide area monitoring s ...

Technavio has published a new market research report on the global substation wide area monitoring system market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘Global
Substation Wide Area Monitoring System Market 2018-2022
'
provides an in-depth analysis of the market in terms of revenue and
emerging market trends. It also includes an up-to-date analysis and
forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the global substation wide area
monitoring system market into the following regions:

  • Americas
  • APAC
  • EMEA

In 2017, the Americas accounted for 47% of the global market and is
projected to decline to 45% by 2022, exhibiting almost 2% decrease in
market share.

Global substation wide area monitoring system market: Top emerging
trend

The substation upgrading projects in the US are one of the major trends
being witnessed in the market. The aging infrastructure in power
transmission applications is supporting the increasing adoption of
advanced solutions to enhance efficiency in power transmission. The
developed economies such as the US have created plans to rebuild or
upgrade the aging infrastructure in substations.

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Technavio's sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
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Technavio's report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Global Substation Wide Area Monitoring System Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (ABB, Electric Power Group, General Electric,
    Schneider Electric, Schweitzer Engineering Laboratories, and Siemens)

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