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Global Synchrophasor Market Is Expected to Reach 440 Mn US$ by 2025, Growing at a CAGR 24.4%

Qyresearchreports include new market research report Synchrophasor to its huge collection of research reports.

 

Brooklyn, NY -- (SBWIRE) -- 06/25/2018 -- This report studies the global Synchrophasor market status and forecast, categorizes the global Synchrophasor market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

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ABB, GE Grid Solutions and Siemens Energy captured the top three revenue share spots in the Synchrophasor market in 2016. ABB dominated with 19.77 % revenue share, followed by GE Grid Solutions with 17.39% revenue share and Siemens Energy with 13.84% revenue share.

In the next five years, the global consumption volume of Synchrophasor will show upwards tendency further, consumption volume is expected in 2022 will be 4521 Units. Especially, in some emergence countries, such as India and Brazil among others, the synchrophasor installation capacity will present an upwards growth rate in the future, because of the national policy and the PMUs advantage than SCADA. The global average selling price will be around 74596 $/Unit in 2022.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems and the high entry, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.

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The global Synchrophasor market is valued at 96 million US$ in 2017 and will reach 440 million US$ by the end of 2025, growing at a CAGR of 24.4% during 2018-2025.

The major manufacturers covered in this report
ABB
GE Grid Solutions
Siemens Energy
State Grid Corporation of China
Beijing Sifang Automation
Schweitzer Engineering Laboratories
NR Electric
Arbiter Systems
Vizimax
Macrodyne

Table of Contents

1 Synchrophasor Market Overview
1.1 Product Overview and Scope of Synchrophasor
1.2 Synchrophasor Segment by Type (Product Category)
1.2.1 Global Synchrophasor Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Synchrophasor Production Market Share by Type (Product Category) in 2017
1.2.3 Synchrophasor
1.3 Global Synchrophasor Segment by Application
1.3.1 Synchrophasor Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Power Station
1.3.3 Transforming Station

2 Global Synchrophasor Market Competition by Manufacturers
2.1 Global Synchrophasor Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Synchrophasor Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Synchrophasor Production and Share by Manufacturers (2013-2018)
2.2 Global Synchrophasor Revenue and Share by Manufacturers (2013-2018)
2.3 Global Synchrophasor Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Synchrophasor Manufacturing Base Distribution, Sales Area and Product Type
2.5 Synchrophasor Market Competitive Situation and Trends

3 Global Synchrophasor Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Synchrophasor Capacity and Market Share by Region (2013-2018)
3.2 Global Synchrophasor Production and Market Share by Region (2013-2018)
3.3 Global Synchrophasor Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Synchrophasor Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
...

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