Global Synchrophasor Market Research Report 2025

Publication ID:

PB501256268

Publication Date:

January 14, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Electricity [2]

Energy & Utilities [3]

Description:

The global market for Synchrophasor was valued at US$ 420 million in the year 2024 and is projected to reach a revised size of US$ 1886 million by 2031, growing at a CAGR of 24.3% during the forecast period.
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.
Schweitzer Engineering Laboratories, ABB, Siemens Energy and Beijing Sifang Automation captured the Top 4 revenue share spots in the Synchrophasor market in 2019. Schweitzer Engineering Laboratories dominated with 16.19% revenue share, followed by ABB with 15.68%, Siemens Energy with 11.41% and Beijing Sifang Automation with 10.71%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Synchrophasor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synchrophasor.
The Synchrophasor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Synchrophasor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Synchrophasor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems
by Type
Type I
Type II
by Application
Power Station
Transforming Station
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Synchrophasor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchrophasor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Synchrophasor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Synchrophasor Market Overview
1.1 Product Definition
1.2 Synchrophasor by Type
1.2.1 Global Synchrophasor Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Type I
1.2.3 Type II
1.3 Synchrophasor by Application
1.3.1 Global Synchrophasor Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Power Station
1.3.3 Transforming Station
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synchrophasor Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Synchrophasor Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Synchrophasor Production Estimates and Forecasts (2020-2031)
1.4.4 Global Synchrophasor Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synchrophasor Production Market Share by Manufacturers (2020-2025)
2.2 Global Synchrophasor Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Synchrophasor, Industry Ranking, 2023 VS 2024
2.4 Global Synchrophasor Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Synchrophasor Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Synchrophasor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synchrophasor, Product Offered and Application
2.8 Global Key Manufacturers of Synchrophasor, Date of Enter into This Industry
2.9 Synchrophasor Market Competitive Situation and Trends
2.9.1 Synchrophasor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synchrophasor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synchrophasor Production by Region
3.1 Global Synchrophasor Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Synchrophasor Production Value by Region (2020-2031)
3.2.1 Global Synchrophasor Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Synchrophasor by Region (2026-2031)
3.3 Global Synchrophasor Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Synchrophasor Production Volume by Region (2020-2031)
3.4.1 Global Synchrophasor Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Synchrophasor by Region (2026-2031)
3.5 Global Synchrophasor Market Price Analysis by Region (2020-2025)
3.6 Global Synchrophasor Production and Value, Year-over-Year Growth
3.6.1 North America Synchrophasor Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Synchrophasor Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Synchrophasor Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Synchrophasor Production Value Estimates and Forecasts (2020-2031)
4 Synchrophasor Consumption by Region
4.1 Global Synchrophasor Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Synchrophasor Consumption by Region (2020-2031)
4.2.1 Global Synchrophasor Consumption by Region (2020-2025)
4.2.2 Global Synchrophasor Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Synchrophasor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Synchrophasor Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synchrophasor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Synchrophasor Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Synchrophasor Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Synchrophasor Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Synchrophasor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Synchrophasor Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Synchrophasor Production by Type (2020-2031)
5.1.1 Global Synchrophasor Production by Type (2020-2025)
5.1.2 Global Synchrophasor Production by Type (2026-2031)
5.1.3 Global Synchrophasor Production Market Share by Type (2020-2031)
5.2 Global Synchrophasor Production Value by Type (2020-2031)
5.2.1 Global Synchrophasor Production Value by Type (2020-2025)
5.2.2 Global Synchrophasor Production Value by Type (2026-2031)
5.2.3 Global Synchrophasor Production Value Market Share by Type (2020-2031)
5.3 Global Synchrophasor Price by Type (2020-2031)
6 Segment by Application
6.1 Global Synchrophasor Production by Application (2020-2031)
6.1.1 Global Synchrophasor Production by Application (2020-2025)
6.1.2 Global Synchrophasor Production by Application (2026-2031)
6.1.3 Global Synchrophasor Production Market Share by Application (2020-2031)
6.2 Global Synchrophasor Production Value by Application (2020-2031)
6.2.1 Global Synchrophasor Production Value by Application (2020-2025)
6.2.2 Global Synchrophasor Production Value by Application (2026-2031)
6.2.3 Global Synchrophasor Production Value Market Share by Application (2020-2031)
6.3 Global Synchrophasor Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Schweitzer Engineering Laboratories
7.1.1 Schweitzer Engineering Laboratories Synchrophasor Company Information
7.1.2 Schweitzer Engineering Laboratories Synchrophasor Product Portfolio
7.1.3 Schweitzer Engineering Laboratories Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Schweitzer Engineering Laboratories Main Business and Markets Served
7.1.5 Schweitzer Engineering Laboratories Recent Developments/Updates
7.2 ABB
7.2.1 ABB Synchrophasor Company Information
7.2.2 ABB Synchrophasor Product Portfolio
7.2.3 ABB Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 Beijing Sifang Automation Co., Ltd.
7.3.1 Beijing Sifang Automation Co., Ltd. Synchrophasor Company Information
7.3.2 Beijing Sifang Automation Co., Ltd. Synchrophasor Product Portfolio
7.3.3 Beijing Sifang Automation Co., Ltd. Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Beijing Sifang Automation Co., Ltd. Main Business and Markets Served
7.3.5 Beijing Sifang Automation Co., Ltd. Recent Developments/Updates
7.4 State Grid Corporation of China
7.4.1 State Grid Corporation of China Synchrophasor Company Information
7.4.2 State Grid Corporation of China Synchrophasor Product Portfolio
7.4.3 State Grid Corporation of China Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.4.4 State Grid Corporation of China Main Business and Markets Served
7.4.5 State Grid Corporation of China Recent Developments/Updates
7.5 Siemens Energy
7.5.1 Siemens Energy Synchrophasor Company Information
7.5.2 Siemens Energy Synchrophasor Product Portfolio
7.5.3 Siemens Energy Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Siemens Energy Main Business and Markets Served
7.5.5 Siemens Energy Recent Developments/Updates
7.6 NR Electric
7.6.1 NR Electric Synchrophasor Company Information
7.6.2 NR Electric Synchrophasor Product Portfolio
7.6.3 NR Electric Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.6.4 NR Electric Main Business and Markets Served
7.6.5 NR Electric Recent Developments/Updates
7.7 GE Grid Solutions
7.7.1 GE Grid Solutions Synchrophasor Company Information
7.7.2 GE Grid Solutions Synchrophasor Product Portfolio
7.7.3 GE Grid Solutions Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.7.4 GE Grid Solutions Main Business and Markets Served
7.7.5 GE Grid Solutions Recent Developments/Updates
7.8 Vizimax
7.8.1 Vizimax Synchrophasor Company Information
7.8.2 Vizimax Synchrophasor Product Portfolio
7.8.3 Vizimax Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Vizimax Main Business and Markets Served
7.8.5 Vizimax Recent Developments/Updates
7.9 Arbiter Systems
7.9.1 Arbiter Systems Synchrophasor Company Information
7.9.2 Arbiter Systems Synchrophasor Product Portfolio
7.9.3 Arbiter Systems Synchrophasor Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Arbiter Systems Main Business and Markets Served
7.9.5 Arbiter Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synchrophasor Industry Chain Analysis
8.2 Synchrophasor Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synchrophasor Production Mode & Process Analysis
8.4 Synchrophasor Sales and Marketing
8.4.1 Synchrophasor Sales Channels
8.4.2 Synchrophasor Distributors
8.5 Synchrophasor Customer Analysis
9 Synchrophasor Market Dynamics
9.1 Synchrophasor Industry Trends
9.2 Synchrophasor Market Drivers
9.3 Synchrophasor Market Challenges
9.4 Synchrophasor Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Companies Mentioned:

Schweitzer Engineering Laboratories
ABB
Beijing Sifang Automation Co., Ltd.
State Grid Corporation of China
Siemens Energy
NR Electric
GE Grid Solutions
Vizimax
Arbiter Systems

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