MRFR-E&P

  Substation Monitoring Market Overview: Substation Monitoring Market  is projected to be worth USD 8.17 billion, registering a CAGR of 8.75% during the forecast period 2022-2030. The Substation Monitoring Market was valued at USD 4.62 billion in 2021. Substation monitoring is a key tool for utilities as it provides the real-time based data through the integration of software and hardware component. Substation monitoring involves acquiring significant data from the parameters attached to substation assets such as transformers, conductors, and circuit breaker, among others. The substation monitoring system can be structured in three levels. First level involves Data acquisition from each asset through appropriated sensor. Second level involves Data storage and processing at substation level, and third level involves Integration of the data from different substations into the general maintenance management system of the utility.     Substation monitoring syst...

  Substation Monitoring Market Overview: Substation Monitoring Market  is projected to be worth USD 8.17 billion, registering a CAGR of 8.75% during the forecast period 2022-2030. The Substation Monitoring Market was valued at USD 4.62 billion in 2021. Substation monitoring is a key tool for utilities as it provides the real-time based data through the integration of software and hardware component. Substation monitoring involves acquiring significant data from the parameters attached to substation assets such as transformers, conductors, and circuit breaker, among others. The substation monitoring system can be structured in three levels. First level involves Data acquisition from each asset through appropriated sensor. Second level involves Data storage and processing at substation level, and third level involves Integration of the data from different substations into the general maintenance management system of the utility.     Substation monitoring syst...