Lewes, DE -- (SBWIRE) -- 11/18/2015 -- Report forecast the synchrophasors market in the US to grow at a CAGR of 28.45% over the period 2014-2019.

Synchrophasor is a technology that is used by utilities to implement smart grid at the transmission level; it is a precise, smart grid measurement technology that takes measurements at a high rate compared to conventional technology like SCADA. It provides the status of the grid in real time to grid operators and ensures that the system is functioning at a reliable level and plan for the future developments. Synchrophasor enhances the grid by displaying the measurements in dashboards and provides visualisation of the grid, so that any stress can be detected or anticipate any situations that could lead to a power outage.

This report covers the present scenario and the growth prospects of the synchrophasors market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales and number of synchrophasors units installed.

Synchrophasors Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US market, and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, the grid initially used some basic technologies, but over the years there has been an increase in the load on the infrastructure. Coupled with an aging infrastructure this has led to the grid becoming prone to sudden outages causing blackouts. This is leading to the modernization of the grid.

Key players in the Synchrophasors Market in the US: ABB, AEG, Alstom grid, Arbiter systems, Schweitzer engineering laboratories and Siemens energy

Other Prominent Vendors in the market are: Comverge, ERLPhase Power Technologies, Green Mountain Power, Macrodyne, and Utility Systems.

Key market driver
- Growing need for grid modernization and reliability
- For a full, detailed list, view our report

Key market challenge
- Interoperability issues
- For a full, detailed list, view our report

Key market trend
- Increased adoption of smart grid technologies
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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?

Spanning over 68 pages "Synchrophasors Market in the US 2015" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Advanced applications of synchrophasors, Major synchrophasor projects in US, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Find more information Visit at: http://www.marketresearchreports.com/technavio/synchrophasors-market-us-2015

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