Synchrophasors Market in the US

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Description

Synchrophasor is a technology that is used by utilities to implement smart grid at the transmission level; it is a precise, smart grid measurement technology that takes measurements at a high rate compared to conventional technology like SCADA. It provides the status of the grid in real time to grid operators and ensures that the system is functioning at a reliable level and plan for the future developments. Synchrophasor enhances the grid by displaying the measurements in dashboards and provides visualisation of the grid, so that any stress can be detected or anticipate any situations that could lead to a power outage.

Technavios analysts forecast the synchrophasors market in the US to grow at a CAGR of 28.45% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the synchrophasors market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales and number of synchrophasors units installed.

Technavios report, Synchrophasors Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US market, and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

ABB

AEG

Alstom Grid

Arbiter Systems

Schweitzer Engineering Laboratories

Siemens Energy

Other prominent vendors

Comverge

ERLPhase Power Technologies

Green Mountain Power

Macrodyne

Utility Systems

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Key market driver

Growing need for grid modernization and reliability

For a full, detailed list, view our report

Key market challenge

Interoperability issues

For a full, detailed list, view our report

Key market trend

Increased adoption of smart grid technologies

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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