Synchrophasors Market in the US 2014-2018

2014-06-30
Price :
Published : Jun-2014
No. of Pages : 81

Synchrophasors use phasor measurement units (PMUs) as monitoring devices that measure current, instantaneous voltage, and frequency at specific locations on an electric grid. This provides the operators with a real-time picture of the grid system helping them to make decisions to prevent power outage. The measurements obtained by the synchrophasors 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 helps synchrophasors from different utilities to be combined and synchronized, which presents a comprehensive view of a regional interconnection. The data collected by synchrophasors thus determine the grid stress and help take decisions to maintain reliability of the grid.

TechNavio’s analysts forecast the Synchrophasors market in the US will grow at a CAGR of 30.1 percent over the period 2014-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Synchrophasors market in the US for the period 2014-2018. The forecasting for the market has been done for both the number of synchrophasor units and their revenue. It also provides a list of existing synchrophasor projects in the US along with their details.

TechNavio’s report, the Synchrophasors Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US; it also covers the Synchrophasors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • ABB Ltd.
  • Alstom Grid SAS
  • Arbiter Systems, Inc.
  • Schweitzer Engineering Laboratories, Inc.
  • Siemens Energy, Inc

Other Prominent Vendors

  • AEG Applied Energy Group, Inc.
  • Comverge, Inc.
  • ERLPhase Power Technologies Ltd.
  • Green Mountain Power Corporation
  • Macrodyne, Inc.
  • Utility Systems, Inc.

Key Market Driver

  • Increasing Smart Grid Investments
  • For a full, detailed list, view our report

Key Market Challenge

  • Interoperability Issues
  • For a full, detailed list, view our report

Key Market Trend

  • Increasing Incorporation of Renewable Energy Sources
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
Filed in: Energy & Power
Publisher : Technavio
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