Synchrophasors in Smart Grid, Update 2020 – Global Market Size, Competitive Landscape and Key Country Analysis to 2024

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Published: August 31, 2020 Report Code: GDPE1076EMR-ST

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GlobalData's latest report " Synchrophasors for Smart Grid in Key Countries, Update 2020 – Market Size Forecasts to 2024" offers comprehensive information and understanding of the global synchrophasor market. The report offers in-depth analysis at the global and key countries (the US, the UK, India, China, Australia, Italy, Germany, Saudi Arabia, Malaysia, Chile, and Turkey) level. The report covers the main hardware component of synchrophasor system known as Phasor Measurement Unit (PMU).
The report analyzes the synchrophasor market value ($) and volume (units) for the historical (2015-2019) and forecast (2020-2024) periods. Global and country wise drivers and restraints affecting the market, detailed information about smart grid policies and regulations, competitive landscape, recent contracts awarded, and deployments planned in the covered countries are also presented.
The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts.

Scope

The report analyzes the synchrophasor for smart transmission grid market. Its scope includes:

• Analysis of the growth of synchrophasor market with a focus on market value ($m) and volume (units) at the global level.

• The report provides synchrophasor market analysis for key countries including the US, the UK, India, China, Australia, Italy, Germany, Saudi Arabia, Malaysia, Chile, and Turkey.

• The report offers country level synchrophasor market size analysis with respect to volume (units) and market value ($m) for the historical (2015-2019) and forecast (2020-2024) periods.

• It provides the market dynamics at global and country level for the year 2019.

• Key market drivers and restraints, and analysis of their impact in synchrophasor market, key policies and regulatory environment, recent contracts awarded, and deployments planned are also discussed

Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:

Facilitate decision-making by analyzing historical and forecast data of the synchrophasors market.

Develop strategies based on recent developments in the market.

Identify key partners and business-development avenues, based on an understanding of the activities of major players in the market.

Respond to system operators and transmission utilities’ business structure, strategies and prospects.

American Electric Power Co Inc
Western Electricity Coordinating Council
New York Power Authority
Schweitzer Engineering Laboratories Inc
Vizimax Inc
Siemens AG
Grid Solutions US LLC
GE Renewable Energy
Hitachi ABB Power Grids Ltd
ERLPhase Power Technologies Ltd
Arbiter Systems Inc
Qualitrol Corporation
Electric Reliability Council of Texas Inc
Quanta Technology LLC
Siemens Industrial Solutions and Services Group
Electric Power Group LLC
National Grid Electricity Transmission plc
Power Grid Corporation of India Ltd
State Grid Corporation of China
Turkiye Elektrik Iletim AS
Saudi Electricity Co
NARI Technology Development Co Ltd
China Electric Power Research Institute
ElectraNet Pty Ltd
Tenaga Nasional Bhd
Amprion GmbH
50Hertz Transmission GmbH
Comision Nacional de Energia
AES Gener SA
Operador Nacional do Sistema Eletrico
XM Compania de Expertos en Mercados SA

Table of Contents

1 Table of Contents

1.1 List of Tables

1.2 List of Figures

2 Executive Summary

3 Introduction

3.1 Synchrophasors

3.2 Synchrophasors, Power System Stability

3.3 Synchrophasors, Enabling Devices

3.4 Synchrophasors, Need for Synchrophasors in Power System

3.5 Synchrophasors, Applications & Deployment Criteria

3.6 Synchrophasors, Standards for Phasor Measurement & Communication

3.7 GlobalData Report Guidance

4 Synchrophasor for Smart Grid Market, Global

4.1 Synchrophasors, Global & Regional, Market Overview

4.1.1 Market Size – Historical Trends

4.1.2 Market Size – Future Trends

4.2 Synchrophasors, Global, Drivers, and Restraints

4.2.1 Market Drivers

4.2.2 Market Restraints

4.3 Synchrophasors, Global, Key Vendors

5 Synchrophasors Market, United States, Overview

5.1 Synchrophasors, US, Market Size

5.1.1 Market Size – Historical Trends

5.1.2 Market Size – Future Trends

5.2 Synchrophasors, US, Drivers, and Restraints

5.2.1 Market Drivers

5.2.2 Market Restraints

5.3 Synchrophasors, US, Market Dynamics & Recent Developments

6 Synchrophasors Market, United Kingdom, Overview

6.1 Synchrophasors, United Kingdom, Market Size

6.1.1 Market Size – Historical Trends

6.1.2 Market Size – Future Trends

6.2 Synchrophasors, United Kingdom, Drivers, and Restraints

6.2.1 Market Drivers

6.2.2 Market Restraints

6.3 Synchrophasors, United Kingdom, Market Dynamics & Recent Developments

7 Synchrophasors Market, India, Overview

7.1 Synchrophasors, India, Market Size

7.1.1 Market Size – Historical Trends

7.1.2 Market Size – Future Trends

7.2 Synchrophasors, India, Drivers, and Restraints

7.2.1 Market Drivers

7.2.2 Market Restraints

7.3 Synchrophasors, India, Market Dynamics & Recent Developments

8 Synchrophasors Market, China, Overview

8.1 Synchrophasors, China, Market Size

8.1.1 Market Size – Historical Trends

8.1.2 Market Size – Future Trends

8.2 Synchrophasors, China, Drivers, and Restraints

8.2.1 Market Drivers

8.2.2 Market Restraints

8.3 Synchrophasors, China, Market Dynamics & Recent Developments

9 Synchrophasors Market, Australia, Overview

9.1 Synchrophasors, Australia, Market Size

9.1.1 Market Size – Historical Trends

9.1.2 Market Size – Future Trends

9.2 Synchrophasors, Australia, Drivers, and Restraints

9.2.1 Market Drivers

9.2.2 Market Restraints

9.3 Synchrophasors, Australia, Market Dynamics & Recent Developments

10 Synchrophasors Market, Italy, Overview

10.1 Synchrophasors, Italy, Market Size

10.1.1 Market Size – Historical Trends

10.1.2 Market Size – Future Trends

10.2 Synchrophasors, Italy, Drivers, and Restraints

10.2.1 Market Drivers

10.2.2 Market Restraints

10.3 Synchrophasors, Italy, Market Dynamics & Recent Developments

11 Synchrophasors Market, Germany, Overview

11.1 Synchrophasors, Germany, Market Size

11.1.1 Market Size – Historical Trends

11.1.2 Market Size – Future Trends

11.2 Synchrophasors, Germany, Drivers, and Restraints

11.2.1 Market Drivers

11.2.2 Market Restraints

11.3 Synchrophasors, Germany, Market Dynamics & Recent Developments

12 Synchrophasors Market, Saudi Arabia, Overview

12.1 Synchrophasors, Saudi Arabia, Market Size

12.1.1 Market Size – Historical Trends

12.1.2 Market Size – Future Trends

12.2 Synchrophasors, Saudi Arabia, Drivers, and Restraints

12.2.1 Market Drivers

12.2.2 Market Restraints

12.3 Synchrophasors, Saudi Arabia, Market Dynamics & Recent Developments

13 Synchrophasors Market, Malaysia, Overview

13.1 Synchrophasors, Malaysia, Market Size

13.1.1 Market Size – Historical Trends

13.1.2 Market Size – Future Trends

13.2 Synchrophasors, Malaysia, Drivers, and Restraints

13.2.1 Market Drivers

13.2.2 Market Restraints

13.3 Synchrophasors, Malaysia, Market Dynamics & Recent Developments

14 Synchrophasors Market, Chile, Overview

14.1 Synchrophasors, Chile, Market Size

14.1.1 Market Size – Historical Trends

14.1.2 Market Size – Future Trends

14.2 Synchrophasors, Chile, Drivers, and Restraints

14.2.1 Market Drivers

14.2.2 Market Restraints

14.3 Synchrophasors, Chile, Market Dynamics & Recent Developments

15 Synchrophasors Market, Turkey, Overview

15.1 Synchrophasors, Turkey, Market Size

15.1.1 Market Size – Historical Trends

15.1.2 Market Size – Future Trends

15.2 Synchrophasors, Turkey, Drivers, and Restraints

15.2.1 Market Drivers

15.2.2 Market Restraints

15.3 Synchrophasors, Turkey, Market Dynamics & Recent Developments

16 Appendix

Table

Table 1: Synchrophasors, Indicative List of Power Grid Sensors and Measurement Devices used in System Protection

Table 2: Synchrophasors, Attributes of PMU and SCADA

Table 3: Synchrophasors, Applications for Wide Area Monitoring, Analysis and Control

Table 4: Synchrophasors, Global, Market Snapshot, 2019 and 2024

Table 5: Synchrophasors, Regional, Market Snapshot, 2019 and 2024

Table 6: Synchrophasors, Key PMU Vendors & Products

Table 7: Synchrophasors, Abbreviations

Figures

Figure 1: Synchrophasors, Global, Volume (units) and Market Value ($m), 2015-2024

Figure 2: Synchrophasors, Major Regions, Market Value by Region ($m), 2019 & 2024

Figure 3: Synchrophasors, Topology of WAMS Devices

Figure 4: Synchrophasors, Categorization of Power System Stability

Figure 5: Synchrophasors, Global, Cumulative Length of Transmission Lines (million ckm), 2015-2024

Figure 6: Synchrophasors, Global, Cumulative Number of Substations in Numbers, 2015-2024

Figure 7: Synchrophasors, Global, Volume (units) and Market Value ($m), 2015-2019

Figure 8: Synchrophasors, Global, Volume (units) and Market Value ($m), 2020-2024

Figure 9: Synchrophasors, United States, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 10: Synchrophasors, United States, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 11: Synchrophasors, United States, Volume (units) and Market Value ($m), 2015-2019

Figure 12: Synchrophasors, United States, Volume (units) and Market Value ($m), 2020-2024

Figure 13: Synchrophasors, United Kingdom, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 14: Synchrophasors, United Kingdom, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 15: Synchrophasors, United Kingdom, Volume (units) and Market Value ($m), 2015-2019

Figure 16: Synchrophasors, United Kingdom, Volume (units) and Market Value ($m), 2020-2024

Figure 17: Synchrophasors, India, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 18: Synchrophasors, India, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 19: Synchrophasors, India, Volume (units) and Market Value ($m), 2015-2019

Figure 20: Synchrophasors, India, Volume (units) and Market Value ($m), 2020-2024

Figure 21: Synchrophasors, China, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 22: Synchrophasors, China, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 23: Synchrophasors, China, Volume (units) and Market Value ($m), 2015-2019

Figure 24: Synchrophasors, China, Volume (units) and Market Value ($m), 2020-2024

Figure 25: Synchrophasors, Australia, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 26: Synchrophasors, Australia, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 27: Synchrophasors, Australia, Volume (units) and Market Value ($m), 2015-2019

Figure 28: Synchrophasors, Australia, Volume (units) and Market Value ($m), 2020-2024

Figure 29: Synchrophasors, Italy, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 30: Synchrophasors, Italy, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 31: Synchrophasors, Italy, Volume (units) and Market Value ($m), 2015-2019

Figure 32: Synchrophasors, Italy, Volume (units) and Market Value ($m), 2020-2024

Figure 33: Synchrophasors, Germany, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 34: Synchrophasors, Germany, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 35: Synchrophasors, Germany, Volume (units) and Market Value ($m), 2015-2019

Figure 36: Synchrophasors, Germany, Volume (units) and Market Value ($m), 2020-2024

Figure 37: Synchrophasors, Saudi Arabia, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 38: Synchrophasors, Saudi Arabia, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 39: Synchrophasors, Saudi Arabia, Volume (units) and Market Value ($m), 2015-2019

Figure 40: Synchrophasors, Saudi Arabia, Volume (units) and Market Value ($m), 2020-2024

Figure 41: Synchrophasors, Malaysia, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 42: Synchrophasors, Malaysia, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 43: Synchrophasors, Malaysia, Volume (units) and Market Value ($m), 2015-2019

Figure 44: Synchrophasors, Malaysia, Volume (units) and Market Value ($m), 2020-2024

Figure 45: Synchrophasors, Chile, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 46: Synchrophasors, Chile, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 47: Synchrophasors, Chile, Volume (units) and Market Value ($m), 2015-2019

Figure 48: Synchrophasors, Chile, Volume (units) and Market Value ($m), 2020-2024

Figure 49: Synchrophasors, Turkey, Cumulative Transmission Line Length (ckm), 2015-2024

Figure 50: Synchrophasors, Turkey, Cumulative Transmission Substation Volume (units), 2015-2024

Figure 51: Synchrophasors, Turkey, Volume (units) and Market Value ($m), 2020-2024

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