Digital Substation Market Size, Share and Forecast 2015 to 2022
The Digital Substation Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2022).
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The report on global digital substation market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on module, type, voltage and industry. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A. Drivers :
– Increasing demand for redeveloping old infrastructure
– Rising implementation of digital substations in the cities
B. Restraints :
– High initial investments
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
C. Major player assessed in the report are :
– ABB Ltd.
– Cisco Systems, Inc.
– Eaton Corp. PLC
– Emerson Electric Co.
– General Electric
– Honeywell International, Inc.
– Larsen & Toubro Ltd.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
D. SEGMENTATIONS IN THE REPORT :
1. By Module :
– Condition Monitoring Systems
– Protection Devices
– Circuit Breakers/Switchgears
2. By Type :
– Transmission Substations
– Distribution Substations
3. By Voltage :
– Below 66kV
– Above 550kV
4. By Industry :
– Oil & Gas
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