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Home > Global Synchrophasor Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Global Synchrophasor Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Publication ID: 
PB504252012
Publication Date: 
April 15, 2025
Pages: 
76
Publisher: 
MRRPB5
Countries: 
Global [1]
USD 4,250.00

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Electricity [2]
Energy & Utilities [3]
Description: 

The global Synchrophasor market size was US$ 420 million in 2024 and is forecast to a readjusted size of US$ 1886 million by 2031 with a CAGR of 24.3% during the forecast period 2025-2031.
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%.
The global Synchrophasor market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
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: (Dominant Segment vs High-Margin Innovation)
Type I
Type II
By Application: (Core Demand Driver vs Emerging Opportunity)
Power Station
Transforming Station
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Schweitzer Engineering Laboratories in Europe)
- Emerging Product Trends: Type I adoption vs. Type II premiumization
- Demand-Side Dynamics: Power Station growth in China vs. Transforming Station potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Synchrophasor market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Type II in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Transforming Station in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Synchrophasor value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets

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

Table Of Contents: 

1 Market Overview
1.1 Synchrophasor Product Scope
1.2 Synchrophasor by Type
1.2.1 Global Synchrophasor Sales by Type (2020 & 2024 & 2031)
1.2.2 Type I
1.2.3 Type II
1.3 Synchrophasor by Application
1.3.1 Global Synchrophasor Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Power Station
1.3.3 Transforming Station
1.3.4 Others
1.4 Global Synchrophasor Market Estimates and Forecasts (2020-2031)
1.4.1 Global Synchrophasor Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Synchrophasor Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Synchrophasor Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Synchrophasor Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Synchrophasor Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Synchrophasor Sales Market Share by Region (2020-2025)
2.2.2 Global Synchrophasor Revenue Market Share by Region (2020-2025)
2.3 Global Synchrophasor Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Synchrophasor Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Synchrophasor Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Synchrophasor Market Size and Prospective (2020-2031)
2.4.2 Europe Synchrophasor Market Size and Prospective (2020-2031)
2.4.3 China Synchrophasor Market Size and Prospective (2020-2031)
2.4.4 Japan Synchrophasor Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Synchrophasor Historic Market Review by Type (2020-2025)
3.1.1 Global Synchrophasor Sales by Type (2020-2025)
3.1.2 Global Synchrophasor Revenue by Type (2020-2025)
3.1.3 Global Synchrophasor Price by Type (2020-2025)
3.2 Global Synchrophasor Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Synchrophasor Sales Forecast by Type (2026-2031)
3.2.2 Global Synchrophasor Revenue Forecast by Type (2026-2031)
3.2.3 Global Synchrophasor Price Forecast by Type (2026-2031)
3.3 Different Types Synchrophasor Representative Players
4 Global Market Size by Application
4.1 Global Synchrophasor Historic Market Review by Application (2020-2025)
4.1.1 Global Synchrophasor Sales by Application (2020-2025)
4.1.2 Global Synchrophasor Revenue by Application (2020-2025)
4.1.3 Global Synchrophasor Price by Application (2020-2025)
4.2 Global Synchrophasor Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Synchrophasor Sales Forecast by Application (2026-2031)
4.2.2 Global Synchrophasor Revenue Forecast by Application (2026-2031)
4.2.3 Global Synchrophasor Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Synchrophasor Application
5 Competition Landscape by Players
5.1 Global Synchrophasor Sales by Players (2020-2025)
5.2 Global Top Synchrophasor Players by Revenue (2020-2025)
5.3 Global Synchrophasor Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Synchrophasor as of 2024)
5.4 Global Synchrophasor Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Synchrophasor, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Synchrophasor, Product Type & Application
5.7 Global Key Manufacturers of Synchrophasor, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Synchrophasor Sales by Company
6.1.1.1 North America Synchrophasor Sales by Company (2020-2025)
6.1.1.2 North America Synchrophasor Revenue by Company (2020-2025)
6.1.2 North America Synchrophasor Sales Breakdown by Type (2020-2025)
6.1.3 North America Synchrophasor Sales Breakdown by Application (2020-2025)
6.1.4 North America Synchrophasor Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Synchrophasor Sales by Company
6.2.1.1 Europe Synchrophasor Sales by Company (2020-2025)
6.2.1.2 Europe Synchrophasor Revenue by Company (2020-2025)
6.2.2 Europe Synchrophasor Sales Breakdown by Type (2020-2025)
6.2.3 Europe Synchrophasor Sales Breakdown by Application (2020-2025)
6.2.4 Europe Synchrophasor Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Synchrophasor Sales by Company
6.3.1.1 China Synchrophasor Sales by Company (2020-2025)
6.3.1.2 China Synchrophasor Revenue by Company (2020-2025)
6.3.2 China Synchrophasor Sales Breakdown by Type (2020-2025)
6.3.3 China Synchrophasor Sales Breakdown by Application (2020-2025)
6.3.4 China Synchrophasor Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Synchrophasor Sales by Company
6.4.1.1 Japan Synchrophasor Sales by Company (2020-2025)
6.4.1.2 Japan Synchrophasor Revenue by Company (2020-2025)
6.4.2 Japan Synchrophasor Sales Breakdown by Type (2020-2025)
6.4.3 Japan Synchrophasor Sales Breakdown by Application (2020-2025)
6.4.4 Japan Synchrophasor Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Schweitzer Engineering Laboratories
7.1.1 Schweitzer Engineering Laboratories Company Information
7.1.2 Schweitzer Engineering Laboratories Business Overview
7.1.3 Schweitzer Engineering Laboratories Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Schweitzer Engineering Laboratories Synchrophasor Products Offered
7.1.5 Schweitzer Engineering Laboratories Recent Development
7.2 ABB
7.2.1 ABB Company Information
7.2.2 ABB Business Overview
7.2.3 ABB Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.2.4 ABB Synchrophasor Products Offered
7.2.5 ABB Recent Development
7.3 Beijing Sifang Automation Co., Ltd.
7.3.1 Beijing Sifang Automation Co., Ltd. Company Information
7.3.2 Beijing Sifang Automation Co., Ltd. Business Overview
7.3.3 Beijing Sifang Automation Co., Ltd. Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Beijing Sifang Automation Co., Ltd. Synchrophasor Products Offered
7.3.5 Beijing Sifang Automation Co., Ltd. Recent Development
7.4 State Grid Corporation of China
7.4.1 State Grid Corporation of China Company Information
7.4.2 State Grid Corporation of China Business Overview
7.4.3 State Grid Corporation of China Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.4.4 State Grid Corporation of China Synchrophasor Products Offered
7.4.5 State Grid Corporation of China Recent Development
7.5 Siemens Energy
7.5.1 Siemens Energy Company Information
7.5.2 Siemens Energy Business Overview
7.5.3 Siemens Energy Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Siemens Energy Synchrophasor Products Offered
7.5.5 Siemens Energy Recent Development
7.6 NR Electric
7.6.1 NR Electric Company Information
7.6.2 NR Electric Business Overview
7.6.3 NR Electric Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.6.4 NR Electric Synchrophasor Products Offered
7.6.5 NR Electric Recent Development
7.7 GE Grid Solutions
7.7.1 GE Grid Solutions Company Information
7.7.2 GE Grid Solutions Business Overview
7.7.3 GE Grid Solutions Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.7.4 GE Grid Solutions Synchrophasor Products Offered
7.7.5 GE Grid Solutions Recent Development
7.8 Vizimax
7.8.1 Vizimax Company Information
7.8.2 Vizimax Business Overview
7.8.3 Vizimax Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Vizimax Synchrophasor Products Offered
7.8.5 Vizimax Recent Development
7.9 Arbiter Systems
7.9.1 Arbiter Systems Company Information
7.9.2 Arbiter Systems Business Overview
7.9.3 Arbiter Systems Synchrophasor Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Arbiter Systems Synchrophasor Products Offered
7.9.5 Arbiter Systems Recent Development
8 Synchrophasor Manufacturing Cost Analysis
8.1 Synchrophasor Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Synchrophasor
8.4 Synchrophasor Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Synchrophasor Distributors List
9.3 Synchrophasor Customers
10 Synchrophasor Market Dynamics
10.1 Synchrophasor Industry Trends
10.2 Synchrophasor Market Drivers
10.3 Synchrophasor Market Challenges
10.4 Synchrophasor Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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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