The synchrophasor market is poised to grow by $ 177.94 mn during 2020-2024 progressing at a CAGR of 11% during the forecast period.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing need for reducing grid outages and rise in installed capacity of renewable energy. This study identifies the government support to enhance grid reliability as one of the prime reasons driving the synchrophasor market growth during the next few years.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading synchrophasor market vendors that include ABB Ltd., Arbiter Systems Inc., Electric Power Group LLC, Esco Technologies Inc., General Electric Co., NR Electric Co. Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, and Vizimax Inc..
Also, the synchrophasor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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.
Key Topics Covered:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Technology
- Market segments
- Comparison by Technology
- Hardware components - Market size and forecast 2019-2024
- Software systems - Market size and forecast 2019-2024
- Market opportunity by Technology
- Customer landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers - Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Competitive scenario
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Arbiter Systems Inc.
- Electric Power Group LLC
- Esco Technologies Inc.
- General Electric Co.
- NR Electric Co. Ltd.
- Schneider Electric SE
- Schweitzer Engineering Laboratories Inc.
- Siemens AG
- Vizimax Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ii87gy