Global Synchrophasor Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Synchrophasor Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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.

According to APO Research, The global Synchrophasor market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Synchrophasor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Synchrophasor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Synchrophasor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Synchrophasor include Schweitzer Engineering Laboratories, ABB, Beijing Sifang Automation Co., Ltd., State Grid Corporation of China, Siemens Energy, NR Electric, GE Grid Solutions, Vizimax and Arbiter Systems, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

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 sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Type I
Type II
Synchrophasor segment by Application

Power Station
Transforming Station
Others
Synchrophasor by Distribution Channel

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Synchrophasor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Synchrophasor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Synchrophasor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Synchrophasor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Synchrophasor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Synchrophasor Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Synchrophasor Sales Estimates and Forecasts (2019-2030)
1.3 Synchrophasor Market by Type
1.3.1 Type I
1.3.2 Type II
1.4 Global Synchrophasor Market Size by Type
1.4.1 Global Synchrophasor Market Size Overview by Type (2019-2030)
1.4.2 Global Synchrophasor Historic Market Size Review by Type (2019-2024)
1.4.3 Global Synchrophasor Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Synchrophasor Sales Breakdown by Type (2019-2024)
1.5.2 Europe Synchrophasor Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Synchrophasor Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Synchrophasor Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Synchrophasor Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Synchrophasor Industry Trends
2.2 Synchrophasor Industry Drivers
2.3 Synchrophasor Industry Opportunities and Challenges
2.4 Synchrophasor Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Synchrophasor Revenue (2019-2024)
3.2 Global Top Players by Synchrophasor Sales (2019-2024)
3.3 Global Top Players by Synchrophasor Price (2019-2024)
3.4 Global Synchrophasor Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Synchrophasor Key Company Manufacturing Sites & Headquarters
3.6 Global Synchrophasor Company, Product Type & Application
3.7 Global Synchrophasor Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Synchrophasor Market CR5 and HHI
3.8.2 Global Top 5 and 10 Synchrophasor Players Market Share by Revenue in 2023
3.8.3 2023 Synchrophasor Tier 1, Tier 2, and Tier 3
4 Synchrophasor Regional Status and Outlook
4.1 Global Synchrophasor Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Synchrophasor Historic Market Size by Region
4.2.1 Global Synchrophasor Sales in Volume by Region (2019-2024)
4.2.2 Global Synchrophasor Sales in Value by Region (2019-2024)
4.2.3 Global Synchrophasor Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Synchrophasor Forecasted Market Size by Region
4.3.1 Global Synchrophasor Sales in Volume by Region (2025-2030)
4.3.2 Global Synchrophasor Sales in Value by Region (2025-2030)
4.3.3 Global Synchrophasor Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Synchrophasor by Application
5.1 Synchrophasor Market by Application
5.1.1 Power Station
5.1.2 Transforming Station
5.1.3 Others
5.2 Global Synchrophasor Market Size by Application
5.2.1 Global Synchrophasor Market Size Overview by Application (2019-2030)
5.2.2 Global Synchrophasor Historic Market Size Review by Application (2019-2024)
5.2.3 Global Synchrophasor Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Synchrophasor Sales Breakdown by Application (2019-2024)
5.3.2 Europe Synchrophasor Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Synchrophasor Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Synchrophasor Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Synchrophasor Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Schweitzer Engineering Laboratories
6.1.1 Schweitzer Engineering Laboratories Comapny Information
6.1.2 Schweitzer Engineering Laboratories Business Overview
6.1.3 Schweitzer Engineering Laboratories Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Schweitzer Engineering Laboratories Synchrophasor Product Portfolio
6.1.5 Schweitzer Engineering Laboratories Recent Developments
6.2 ABB
6.2.1 ABB Comapny Information
6.2.2 ABB Business Overview
6.2.3 ABB Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.2.4 ABB Synchrophasor Product Portfolio
6.2.5 ABB Recent Developments
6.3 Beijing Sifang Automation Co., Ltd.
6.3.1 Beijing Sifang Automation Co., Ltd. Comapny Information
6.3.2 Beijing Sifang Automation Co., Ltd. Business Overview
6.3.3 Beijing Sifang Automation Co., Ltd. Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Beijing Sifang Automation Co., Ltd. Synchrophasor Product Portfolio
6.3.5 Beijing Sifang Automation Co., Ltd. Recent Developments
6.4 State Grid Corporation of China
6.4.1 State Grid Corporation of China Comapny Information
6.4.2 State Grid Corporation of China Business Overview
6.4.3 State Grid Corporation of China Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.4.4 State Grid Corporation of China Synchrophasor Product Portfolio
6.4.5 State Grid Corporation of China Recent Developments
6.5 Siemens Energy
6.5.1 Siemens Energy Comapny Information
6.5.2 Siemens Energy Business Overview
6.5.3 Siemens Energy Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Siemens Energy Synchrophasor Product Portfolio
6.5.5 Siemens Energy Recent Developments
6.6 NR Electric
6.6.1 NR Electric Comapny Information
6.6.2 NR Electric Business Overview
6.6.3 NR Electric Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.6.4 NR Electric Synchrophasor Product Portfolio
6.6.5 NR Electric Recent Developments
6.7 GE Grid Solutions
6.7.1 GE Grid Solutions Comapny Information
6.7.2 GE Grid Solutions Business Overview
6.7.3 GE Grid Solutions Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.7.4 GE Grid Solutions Synchrophasor Product Portfolio
6.7.5 GE Grid Solutions Recent Developments
6.8 Vizimax
6.8.1 Vizimax Comapny Information
6.8.2 Vizimax Business Overview
6.8.3 Vizimax Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Vizimax Synchrophasor Product Portfolio
6.8.5 Vizimax Recent Developments
6.9 Arbiter Systems
6.9.1 Arbiter Systems Comapny Information
6.9.2 Arbiter Systems Business Overview
6.9.3 Arbiter Systems Synchrophasor Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Arbiter Systems Synchrophasor Product Portfolio
6.9.5 Arbiter Systems Recent Developments
7 North America by Country
7.1 North America Synchrophasor Sales by Country
7.1.1 North America Synchrophasor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Synchrophasor Sales by Country (2019-2024)
7.1.3 North America Synchrophasor Sales Forecast by Country (2025-2030)
7.2 North America Synchrophasor Market Size by Country
7.2.1 North America Synchrophasor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Synchrophasor Market Size by Country (2019-2024)
7.2.3 North America Synchrophasor Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Synchrophasor Sales by Country
8.1.1 Europe Synchrophasor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Synchrophasor Sales by Country (2019-2024)
8.1.3 Europe Synchrophasor Sales Forecast by Country (2025-2030)
8.2 Europe Synchrophasor Market Size by Country
8.2.1 Europe Synchrophasor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Synchrophasor Market Size by Country (2019-2024)
8.2.3 Europe Synchrophasor Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Synchrophasor Sales by Country
9.1.1 Asia-Pacific Synchrophasor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Synchrophasor Sales by Country (2019-2024)
9.1.3 Asia-Pacific Synchrophasor Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Synchrophasor Market Size by Country
9.2.1 Asia-Pacific Synchrophasor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Synchrophasor Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Synchrophasor Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Synchrophasor Sales by Country
10.1.1 Latin America Synchrophasor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Synchrophasor Sales by Country (2019-2024)
10.1.3 Latin America Synchrophasor Sales Forecast by Country (2025-2030)
10.2 Latin America Synchrophasor Market Size by Country
10.2.1 Latin America Synchrophasor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Synchrophasor Market Size by Country (2019-2024)
10.2.3 Latin America Synchrophasor Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Synchrophasor Sales by Country
11.1.1 Middle East and Africa Synchrophasor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Synchrophasor Sales by Country (2019-2024)
11.1.3 Middle East and Africa Synchrophasor Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Synchrophasor Market Size by Country
11.2.1 Middle East and Africa Synchrophasor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Synchrophasor Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Synchrophasor Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Synchrophasor Value Chain Analysis
12.1.1 Synchrophasor Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Synchrophasor Production Mode & Process
12.2 Synchrophasor Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Synchrophasor Distributors
12.2.3 Synchrophasor Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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