December 23, 2020

Synchrophasor Market Share, Size 2020 Dynamics, Forecast, Analysis and Supply Demand 2020-2024, Says Research Reports World

Global Synchrophasor Market 2020 :- report presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers, Production, Revenue, Supply, Consumption, Export, Import, Industrial Chain, Sourcing Strategy and Downstream Buyers and Synchrophasor Market Growth Factors Analysis in the market. To strategically profile the key players and systematically analyse their growth strategies and Synchrophasor Market Share in global regions.

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Short Details Synchrophasor Market Report -

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.
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 product’s 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.

List Of TOP KEY PLAYERS in Synchrophasor Market Report are:-

  • 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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What Is the scope Of the Synchrophasor Market 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,

What are the product type Covered in Synchrophasor Market 2020?

  • Synchrophasor
  • Type II

What are the end users/application Covered in Synchrophasor Market 2020?

  • Power Station
  • Transforming Station
  • Others

What are the key segments in the Synchrophasor Market?

  • By product type
  • By End User/Applications
  • By Technology
  • By Regioncovered

Which market dynamics affect the business?

The report provides a detailed evaluation of the Synchrophasor market Size by highlighting information on different aspects which include drivers, restraints, opportunities, and threats and Synchrophasor market forecast to 2024. This information can help stakeholders to make appropriate decisions before investing

Which Regions are Covered and what are the Synchrophasor Market Trends in this regions ?

  • North America(the United States, Canada, and Mexico)
  • Europe(Germany, UK, France, Italy, Russia, Spain, and Benelux)
  • Asia Pacific(China, Japan, India, Southeast Asia, and Australia)
  • Latin America(Brazil, Argentina, and Colombia)
  • The Middle East and Africa.

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Table of Contents

2019-2024 Global Synchrophasor Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Synchrophasor Consumption 2014-2024
2.1.2 Synchrophasor Consumption CAGR by Region
2.2 Synchrophasor Segment by Type

2.3 Synchrophasor Consumption by Type
2.3.1 Global Synchrophasor Consumption Market Share by Type (2014-2019)
2.3.2 Global Synchrophasor Revenue and Market Share by Type (2014-2019)
2.3.3 Global Synchrophasor Sale Price by Type (2014-2019)
2.4 Synchrophasor Segment by Application

2.5 Synchrophasor Consumption by Application
2.5.1 Global Synchrophasor Consumption Market Share by Application (2014-2019)
2.5.2 Global Synchrophasor Value and Market Share by Application (2014-2019)
2.5.3 Global Synchrophasor Sale Price by Application (2014-2019)

3 Global Synchrophasor by Players
3.1 Global Synchrophasor Sales Market Share by Players
3.1.1 Global Synchrophasor Sales by Players (2017-2019)
3.1.2 Global Synchrophasor Sales Market Share by Players (2017-2019)
3.2 Global Synchrophasor Revenue Market Share by Players
3.2.1 Global Synchrophasor Revenue by Players (2017-2019)
3.2.2 Global Synchrophasor Revenue Market Share by Players (2017-2019)
3.3 Global Synchrophasor Sale Price by Players
3.4 Global Synchrophasor Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Synchrophasor Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Synchrophasor Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Synchrophasor by Regions
4.1 Synchrophasor by Regions
4.1.1 Global Synchrophasor Consumption by Regions
4.1.2 Global Synchrophasor Value by Regions
4.2 Americas Synchrophasor Consumption Growth
4.3 APAC Synchrophasor Consumption Growth
4.4 Europe Synchrophasor Consumption Growth
4.5 Middle East & Africa Synchrophasor Consumption Growth

5 Americas
6 APAC
7 Europe
8 Middle East & Africa

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Synchrophasor Distributors
10.3 Synchrophasor Customer

11 Global Synchrophasor Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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