Global Synchrophasor Market Insights: Impact of COVID-19 and Future Expectations to 2025

The Synchrophasor market revenue was 115 Million USD in 2019, and will reach 280 Million USD in 2025, with a CAGR of 15.86% during 2020-2025. 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.
This report elaborates the market size, market characteristics, and market growth of the Synchrophasor industry, and breaks down according to the type, application, and consumption area of Synchrophasor. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Synchrophasor in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Synchrophasor market covered in Chapter 11:
General Electric
BEIJING SIFANG AUTOMATION
Siemens.
ERLPhase Power Technologies
Green Mountain Power
Doble Engineering Company
Power Sensors
Schweitzer Engineering Laboratories
Quanta Technology
Macrodyne
ABB
Intel
Comverge (part of Itron)
Electric Power Group
Arbiter Systems
Schneider Electric
PowerWorld

In Chapter 3, on the basis of types, the Synchrophasor market from 2015 to 2025 is primarily split into:
Hardware Components
Software Systems

In Chapter 4, on the basis of applications, the Synchrophasor market from 2015 to 2025 covers:
Power Station
Transforming Station
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia

Years considered for this report:

Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025