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Synchrophasors Market Decade Long Trends, Analysis and Forecast 2025-2033
Latest study released by AMA Research on Global Synchrophasors Market research focuses on latest market trend, opportunities and various future aspects so you can get a variety of ways to maximize your profits. Synchrophasors Market predicted until 2030*.
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Synchrophasors deliver a real-time measurement of electrical quantities from across the power system. These are time synchronized number that represents both the magnitude and phase angle of the sign waves found in the electricity and they are time synchronized for accuracy. Synchrophasors are measured by high-speed monitors called Phasor Measurement Units (PMUs) that are 100 times faster than SCADA. Synchrophasor technology is used for real-time operations and off-line engineering analysis to improve grid reliability and efficiency and lower operating costs. Synchrophasors collect the voltage, current and frequency data and provide it to the operators in identifying, locating and resolving potential threats in the grid.
Some of Key Players included in Synchrophasors Market are Schweitzer Engineering Laboratories (United States), Schneider Electric (France), Wasion Group Co. Ltd. (China), Toshiba Corporation (Japan), Siemens AG (Germany), General Electric Company (United States), Arbiter Systems (United States), Alstom (France), ABB (Switzerland), XJ Electric Co. Ltd. (China)
Market Trends:
Changing Power Grid Structures
Market Drivers:
Increased Demand For Reduced Grid Outages.
Rising Population with Increase Demand for Electricity
Market Challenges:
Lack of Clear Roadmap of Technology Deployment
Market Opportunities:
Increasing the Investments in the Modernization of Power Grid
Growth of the Smart Grid Management
The titled segments and Market Data are Break Down by Application (Operational Monitoring, Fault Analysis, Stability Monitoring, Improve Grid Visualization, State Estimation, Power System Control), Distribution Chanel (Online, Offline)
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