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.
Scope of the Report:
ABB, GE Grid Solutions and Siemens Energy captured the top three revenue share spots in the Synchrophasor market in 2016. ABB dominated with 19.77 % revenue share, followed by GE Grid Solutions with 17.39% revenue share and Siemens Energy with 13.84% revenue share.
In the next five years, the global consumption volume of Synchrophasor will show upwards tendency further, consumption volume is expected in 2022 will be 4521 Units. Especially, in some emergence countries, such as India and Brazil among others, the synchrophasor installation capacity will present an upwards growth rate in the future, because of the national policy and the PMUs’ advantage than SCADA. The global average selling price will be around 74596 $/Unit in 2022.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems and the high entry, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
The worldwide market for Synchrophasor is expected to grow at a CAGR of roughly 24.3% over the next five years, will reach 280 million US$ in 2024, from 96 million US$ in 2019, according to a new study.
This report focuses on the Synchrophasor in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
ABB
GE Grid Solutions
Siemens Energy
State Grid Corporation of China
Beijing Sifang Automation
Schweitzer Engineering Laboratories
NR Electric
Arbiter Systems
Vizimax
Macrodyne
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Synchrophasor
Type II
Market Segment by Applications, can be divided into
Power Station
Transforming Station
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synchrophasor product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Synchrophasor, with price, sales, revenue and global market share of Synchrophasor in 2017 and 2018.
Chapter 3, the Synchrophasor competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synchrophasor breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Synchrophasor market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Synchrophasor sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Synchrophasor Introduction
1.2 Market Analysis by Type
1.2.1 Synchrophasor
1.2.2 Type II
1.3 Market Analysis by Applications
1.3.1 Power Station
1.3.2 Transforming Station
1.3.3 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 ABB
2.1.1 Business Overview
2.1.2 Synchrophasor Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ABB Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 GE Grid Solutions
2.2.1 Business Overview
2.2.2 Synchrophasor Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 GE Grid Solutions Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Siemens Energy
2.3.1 Business Overview
2.3.2 Synchrophasor Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Siemens Energy Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 State Grid Corporation of China
2.4.1 Business Overview
2.4.2 Synchrophasor Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 State Grid Corporation of China Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Beijing Sifang Automation
2.5.1 Business Overview
2.5.2 Synchrophasor Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Beijing Sifang Automation Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 Schweitzer Engineering Laboratories
2.6.1 Business Overview
2.6.2 Synchrophasor Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Schweitzer Engineering Laboratories Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 NR Electric
2.7.1 Business Overview
2.7.2 Synchrophasor Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 NR Electric Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Arbiter Systems
2.8.1 Business Overview
2.8.2 Synchrophasor Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Arbiter Systems Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Vizimax
2.9.1 Business Overview
2.9.2 Synchrophasor Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Vizimax Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Macrodyne
2.10.1 Business Overview
2.10.2 Synchrophasor Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Macrodyne Synchrophasor Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Synchrophasor Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Synchrophasor Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Synchrophasor Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Synchrophasor Manufacturer Market Share in 2018
3.3.2 Top 6 Synchrophasor Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Synchrophasor Market Analysis by Regions
4.1 Global Synchrophasor Sales, Revenue and Market Share by Regions
4.1.1 Global Synchrophasor Sales and Market Share by Regions (2014-2019)
4.1.2 Global Synchrophasor Revenue and Market Share by Regions (2014-2019)
4.2 North America Synchrophasor Sales and Growth Rate (2014-2019)
4.3 Europe Synchrophasor Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Synchrophasor Sales and Growth Rate (2014-2019)
4.5 South America Synchrophasor Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Synchrophasor Sales and Growth Rate (2014-2019)
5 North America Synchrophasor by Country
5.1 North America Synchrophasor Sales, Revenue and Market Share by Country
5.1.1 North America Synchrophasor Sales and Market Share by Country (2014-2019)
5.1.2 North America Synchrophasor Revenue and Market Share by Country (2014-2019)
5.2 United States Synchrophasor Sales and Growth Rate (2014-2019)
5.3 Canada Synchrophasor Sales and Growth Rate (2014-2019)
5.4 Mexico Synchrophasor Sales and Growth Rate (2014-2019)
6 Europe Synchrophasor by Country
6.1 Europe Synchrophasor Sales, Revenue and Market Share by Country
6.1.1 Europe Synchrophasor Sales and Market Share by Country (2014-2019)
6.1.2 Europe Synchrophasor Revenue and Market Share by Country (2014-2019)
6.2 Germany Synchrophasor Sales and Growth Rate (2014-2019)
6.3 UK Synchrophasor Sales and Growth Rate (2014-2019)
6.4 France Synchrophasor Sales and Growth Rate (2014-2019)
6.5 Russia Synchrophasor Sales and Growth Rate (2014-2019)
6.6 Italy Synchrophasor Sales and Growth Rate (2014-2019)
7 Asia-Pacific Synchrophasor by Country
7.1 Asia-Pacific Synchrophasor Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific Synchrophasor Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific Synchrophasor Revenue and Market Share by Country (2014-2019)
7.2 China Synchrophasor Sales and Growth Rate (2014-2019)
7.3 Japan Synchrophasor Sales and Growth Rate (2014-2019)
7.4 Korea Synchrophasor Sales and Growth Rate (2014-2019)
7.5 India Synchrophasor Sales and Growth Rate (2014-2019)
7.6 Southeast Asia Synchrophasor Sales and Growth Rate (2014-2019)
8 South America Synchrophasor by Country
8.1 South America Synchrophasor Sales, Revenue and Market Share by Country
8.1.1 South America Synchrophasor Sales and Market Share by Country (2014-2019)
8.1.2 South America Synchrophasor Revenue and Market Share by Country (2014-2019)
8.2 Brazil Synchrophasor Sales and Growth Rate (2014-2019)
8.3 Argentina Synchrophasor Sales and Growth Rate (2014-2019)
8.4 Colombia Synchrophasor Sales and Growth Rate (2014-2019)
9 Middle East and Africa Synchrophasor by Countries
9.1 Middle East and Africa Synchrophasor Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Synchrophasor Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Synchrophasor Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Synchrophasor Sales and Growth Rate (2014-2019)
9.3 Turkey Synchrophasor Sales and Growth Rate (2014-2019)
9.4 Egypt Synchrophasor Sales and Growth Rate (2014-2019)
9.5 Nigeria Synchrophasor Sales and Growth Rate (2014-2019)
9.6 South Africa Synchrophasor Sales and Growth Rate (2014-2019)
10 Global Synchrophasor Market Segment by Type
10.1 Global Synchrophasor Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global Synchrophasor Sales and Market Share by Type (2014-2019)
10.1.2 Global Synchrophasor Revenue and Market Share by Type (2014-2019)
10.2 Synchrophasor Sales Growth and Price
10.2.1 Global Synchrophasor Sales Growth (2014-2019)
10.2.2 Global Synchrophasor Price (2014-2019)
10.3 Type II Sales Growth and Price
10.3.1 Global Type II Sales Growth (2014-2019)
10.3.2 Global Type II Price (2014-2019)
11 Global Synchrophasor Market Segment by Application
11.1 Global Synchrophasor Sales Market Share by Application (2014-2019)
11.2 Power Station Sales Growth (2014-2019)
11.3 Transforming Station Sales Growth (2014-2019)
11.4 Others Sales Growth (2014-2019)
12 Synchrophasor Market Forecast (2019-2024)
12.1 Global Synchrophasor Sales, Revenue and Growth Rate (2019-2024)
12.2 Synchrophasor Market Forecast by Regions (2019-2024)
12.2.1 North America Synchrophasor Market Forecast (2019-2024)
12.2.2 Europe Synchrophasor Market Forecast (2019-2024)
12.2.3 Asia-Pacific Synchrophasor Market Forecast (2019-2024)
12.2.4 South America Synchrophasor Market Forecast (2019-2024)
12.2.5 Middle East and Africa Synchrophasor Market Forecast (2019-2024)
12.3 Synchrophasor Market Forecast by Type (2019-2024)
12.3.1 Global Synchrophasor Sales Forecast by Type (2019-2024)
12.3.2 Global Synchrophasor Market Share Forecast by Type (2019-2024)
12.4 Synchrophasor Market Forecast by Application (2019-2024)
12.4.1 Global Synchrophasor Sales Forecast by Application (2019-2024)
12.4.2 Global Synchrophasor Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Synchrophasor Picture
Table Product Specifications of Synchrophasor
Figure Global Sales Market Share of Synchrophasor by Types in 2018
Table Synchrophas