DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Substation Automation Market – Forecasts from 2017 to 2022”
report to their offering.

Global substation automation market is projected to expand at a CAGR of
5.92% over the forecast period to reach a total market size of US$103.1
billion by 2022. The process of performing tasks by machines which were
once performed by human beings in order to control various equipment in
a factory or some industry or to do some work with minimum intervention
of human beings is automation. The term automation was coined in the
decade of 1940 and can be used in many applications such as
manufacturing, services among others.

Automation can also be used in power applications. Earlier, power plants
have many sensor and action variables, hence automation finds its
extensive use in this area and its application streamlined the process
in transmission and distribution. The substation is a key component in
electricity generation and its transmission as it is used to transform
voltage from high to low or low to high and performs other important
functions too.

Substations are automated so that it can have an intelligent and
interactive power distribution network and substation automation is also
considered as cutting edge technology in electrical engineering. These
systems provide enhanced performance and reliability in electrical
protection, improves safety and integrity of electrical power network,
exhibit real-time information in a control center and are capable of
performing advanced automation functions.

Companies Mentioned

• Crompton Greaves
• ABB
• General Electric
• Siemens AG
• NovaTech
• Cisco
• Toshiba Corporation

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Substation Automation Market Forecast by Module (US$ billion)

6. Global Substation Automation Market Forecast by Offering (US$ billion)

7. Global Substation Automation Market Forecast by Industry (US$ billion)

8. Global Substation Automation Market Forecast by Geography (US$
billion)

9. Competitive Intelligence

10. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/x7r7pp/global_substation

Contacts

Research and Markets
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related
Topics: Utilities