Substation automation implies using data from intelligent
electronic devices (IED), regulator and automation abilities inside the
substation, and control instructions from remote operators to control
power-system devices. Additionally, the conventional electronic grid does not
support two-way communication.
Automation helps in
reducing distribution and transmission losses. To make the electricity
substations automatic, the use of equipment such as superior sensors, precise
software, and equipment that simplify two-way communication is involved.
Substation Automation Industry is categorized based on modules, offering, installation
type, types, industry, and geography.
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Substation Automation Market is categorized based on modules
such as Communication networks, intelligent electronic devices, SCADA systems.
This market is categorized based on offering such as Hardware, Software, and
Services. Substation Automation Industry is categorized based on installation
types into Retrofit Installations, New Installations. The industry is
categorized based on types of Transmission substations, Distribution
substations.
Substation Automation Market is categorized based on
industry into Mining, Utility, Steel, Oil and gas, Transportation. Substation Automation Industry is
categorized based on geography into Asia Pacific (China, India, ASEAN,
Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S.
Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest
of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest
of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern
Europe).
Asia-Pacific has been
at the forefront with regards to Substation Automation Industry and will
continue to rule the roost in the years to come. Some of the key players
that fuel the growth of the Substation Automation Market include Siemens AG,
Cisco Systems, Inc., ABB Limited, Schneider Electric SE, Eaton Corporation Plc,
General Electric Company, Alstom SA, NovaTech LLC and Encore Networks, Inc,
Echelon Corporation. The key players are focusing on inorganic growth to
sustain themselves amidst fierce competition. As such, mergers, acquisitions,
and joint ventures are the need of the hour.
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Market segment by
Type, Substation Automation can be split into
• SCADA
• IED
• Communication Network
Market segment by
Application, Substation Automation can be split into
• Transmission
• Distribution & Outage
• Collection
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