Synchrophasor Market report is predicted to gain better growth in coming years 2019 to 2024. This Synchrophasor market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Synchrophasor market. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
About Synchrophasor
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.
Covered in this report
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Synchrophasor market by product type, application, key manufacturers and key regions and countries.
This study considers the Synchrophasor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Synchrophasor
- Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Power Station
- Transforming Station
- Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- ABB
- GE Grid Solutions
- Siemens Energy
- State Grid Corporation of China
- Beijing Sifang Automation
- Schweitzer Engineering Laboratories
- NR Electric
- Arbiter Systems
- Vizimax
- Macrodyne
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Synchrophasor by Players
4 Synchrophasor by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Synchrophasor Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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