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(India.CityRegions.Com, June 15, 2017 ) Substation automation helps to capture the data from the IEDs, and manage the automated plant grid operation by facilitating communication between IEDs. Alternatively, substation automation is a technology that facilitates precise integration between devices and data management systems within smart grid. As more IED devices are incorporated into the smart grid, the need for substation automation is a growing imperative. A well-designed substation automation architecture offers a scaled approach to add new automation applications along with shared communication infrastructure for the substation to realize the full benefits of smart grid application.
Publishers analysts forecast the global substation automation market to grow at a CAGR of 7.17% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-substation-automation-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global substation automation market for 2017-2021. To calculate the market size, the report considers the revenue, Y-o-Y growth, CAGR, retrofit, replacement, and the services market.
The market is divided into the following segments based on geography: Americas APAC EMEA
Publisher's report, Global Substation Automation Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors ABB Eaton Grid Solutions Schneider Electric Siemens
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001830855/sample .
Other prominent vendors Atlantic City Electric Cisco Eaton G&W Electric Kalkitech Kyland Technology Market driver Growing need for remote operations due to rising demand for electricity For a full, detailed list, view our report
Market challenge Growing complexity in communication among devices due to interoperability issue For a full, detailed list, view our report
Market trend Adoption of Internet of things (IoT) into power systems For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001830855/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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