Global Synchrophasor Market 2020-2024
Researcher has been monitoring the synchrophasor market and it is poised to grow by $ 177.94 mn during 2020-2024 progressing at a CAGR of 11% during the forecast period. Our reports on synchrophasor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing need for reducing grid outages and rise in installed capacity of renewable energy.
The synchrophasor market analysis includes technology segment and geographical landscape.
Researcher's synchrophasor market is segmented as below:
By Technology
Hardware components
Software systems
By Geographic Landscapes
North America
APAC
Europe
South America
MEA
This study identifies the government support to enhance grid reliability as one of the prime reasons driving the synchrophasor market growth during the next few years.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our synchrophasor market covers the following areas:
Synchrophasor market sizing
Synchrophasor market forecast
Synchrophasor market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading synchrophasor market vendors that include ABB Ltd., Arbiter Systems Inc., Electric Power Group LLC, Esco Technologies Inc., General Electric Co., NR Electric Co. Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, and Vizimax Inc.. Also, the synchrophasor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.