Electric Power Substation Automation Market – Global Industry
Perspective, Comprehensive Analysis and Forecast, 2015 - 2021
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Electric Power Substation Automation Market
Electric power substation automation is a revolution for management of networks. Substation is a
base for some of the most important functions of the utility and is a part of electrical generation,
transmission, and distribution system. Electric power substation automation is a combination of
numerous control and data acquisition functions on an automated platform with a minimum
number of units to augment the reliability and thereby reducing the cost of operation of the
substation automation system.
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Electric power substation automation is one of the major developments in a substation technology
and also leading aspect of the smart grid revolution. Electric power substation deals with the
generation, transmission and distribution of electricity. Substation automation increases the level of
Electric Power Substation Automation Market
convenience of operations, as it enables an electric utility to remotely monitor, control and
coordinate the distribution component installed in the substation.
The electric power substation automation market is mainly driven by the rising demand of smart
grid solution. Demand of electric power substation automation increases due to the advancement in
smart grid technology.. However, some factors such as shortage of skilled workeforce and high
investment cost are expected to hamper growth of electric power substation automation industry.