Global Synchrophasor Sales Market Report 2020
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.
Schweitzer Engineering Laboratories, ABB, Siemens Energy and Beijing Sifang Automation captured the Top 4 revenue share spots in the Synchrophasor market in 2019. Schweitzer Engineering Laboratories dominated with 16.19% revenue share, followed by ABB with 15.68%, Siemens Energy with 11.41% and Beijing Sifang Automation with 10.71%.
Market Analysis and Insights: Global Synchrophasor Market
The global Synchrophasor market size is projected to reach US$ 72 million by 2026, from US$ 49 million in 2020, at a CAGR of 6.5% during 2021-2026.
Global Synchrophasor Scope and Market Size
The global Synchrophasor market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Synchrophasor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Synchrophasor market is segmented into
Type I
Type II
Segment by Application, the Synchrophasor market is segmented into
Power Station
Transforming Station
Others
The Synchrophasor market is analysed and market size information is provided by regions (countries). Segment by Application, the Synchrophasor market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Synchrophasor market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Synchrophasor business, the date to enter into the Synchrophasor market, Synchrophasor product introduction, recent developments, etc.
The major vendors covered:
Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems
Schweitzer Engineering Laboratories, ABB, Siemens Energy and Beijing Sifang Automation captured the Top 4 revenue share spots in the Synchrophasor market in 2019. Schweitzer Engineering Laboratories dominated with 16.19% revenue share, followed by ABB with 15.68%, Siemens Energy with 11.41% and Beijing Sifang Automation with 10.71%.
Market Analysis and Insights: Global Synchrophasor Market
The global Synchrophasor market size is projected to reach US$ 72 million by 2026, from US$ 49 million in 2020, at a CAGR of 6.5% during 2021-2026.
Global Synchrophasor Scope and Market Size
The global Synchrophasor market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Synchrophasor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Synchrophasor market is segmented into
Type I
Type II
Segment by Application, the Synchrophasor market is segmented into
Power Station
Transforming Station
Others
The Synchrophasor market is analysed and market size information is provided by regions (countries). Segment by Application, the Synchrophasor market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Synchrophasor Market Share AnalysisSynchrophasor market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Synchrophasor business, the date to enter into the Synchrophasor market, Synchrophasor product introduction, recent developments, etc.
The major vendors covered:
Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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