North America is expected the huge growth for Synchrophasors market globally. The demand in this region is driven by the need to transmission networks both in terms of capacity and stability. The deployment of Synchrophasors is likely to increase the observability of the power system and gain an awareness of the stability situation throughout the whole power network. Increasing investment in research and development in this market, profitable policies and government regulations about this market are major key factors for the growth of the market in this region.

The measurements obtained by the Synchrophasors are used for fault analysis, state estimation, stability monitoring, power system control, operational monitoring, and improve grid visualization. The integration of synchrophasor devices is one of the key factors in updating high voltage substations into centers of real-time information. The increasing demand for substation automation on account of the rise in adoption of smart grid technologies is anticipated to augment the global demand for Synchrophasors. The synchrophasor along with communication networks and distribution feeder automation are an integral part of substation automation. This allows faster real-time information and with more reliability. The primary demand for the Synchrophasors is driven by their ability to determine the phase relationship between phase quantities at any location of the power system. Additionally, the escalating power demand and application of Synchrophasors in smart grids is expected to boost the demand for this market.

Market Report Coverage –

Introduction

Synchrophasors Market Segmentation –

By Technology

• Hardware
• Software                                  

By Application

• Congestion Management
• Event detection
• Frequency stability monitoring
• Outage Restoration
• Others          

By Country

• U.S
• Canada
• Mexico