Boston, MA -- (SBWIRE) -- 06/20/2017 -- Phasor measurement units (PMUs) collect data, which is a measure of grid health, and transmit it to phasor data concentrator (PDC) devices to identify anomalies, if any, in the grid system. Data such as phase angle, power flow, frequency changes are measured across several points of the power system and are transmitted in real-time to help improve the overall system operation.

Technavio's analysts forecast the global synchrophasors market to grow at a CAGR of 14.58% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global synchrophasors market for 2017-2021. To calculate the market size, the report considers new installations of hardware components such as PDC, PMUs, and the software required for data management and excludes the network infrastructure and aftermarket.

Get More Details on this Report and a Full Table of Contents at Global Synchrophasors Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Synchrophasors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ABB
-Arbiter Systems
-General Electric
-Schweitzer Engineering Laboratories

Other prominent vendors

-BEIJING SIFANG AUTOMATION
-Comverge (part of Itron)
-Doble Engineering Company
-Electric Power Group
-ERLPhase Power Technologies
-Green Mountain Power
-Intel
-Macrodyne
-Power Sensors
-PowerWorld
-Quanta Technology
-Schneider Electric
-Siemens

Market driver

-Increasing need for reducing grid outages
-For a full, detailed list, view our report

Market challenge

-High cost of communication system installation
-For a full, detailed list, view our report

Market trend

-Growing smart grid data management market
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Arbiter Systems, General Electric, Schweitzer Engineering Laboratories, BEIJING SIFANG AUTOMATION, Comverge (part of Itron), Doble Engineering Company, Electric Power Group, ERLPhase Power Technologies, Green Mountain Power, Intel, Macrodyne, Power Sensors, PowerWorld, Quanta Technology, Schneider Electric, Siemens

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