Electric Power Substation Automation Market by Components (IED, RTU, PLC, BCU) Worth $48.25 Billion by 2020
According to a new market research report "Electric Power Substation Automation Market by components (IED, RTU, PLC, BCU), SCADA, Communication (Wired, Wireless), type (Transmission, Distribution), End-user (Utility, Industries), Stage (Retrofit, New) & Geography - Global Forecast to 2020", the total market was valued at $29.49 Million in 2013 and is expected to reach $48.25 Billion by 2020, at an estimated CAGR of 6.71% between 2014 and 2020.
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