DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c76c9c/iec_61850_routers) has announced the addition of GlobalData 's new report "IEC 61850 Routers and Switches in Smart Grid - Markets Analysis and Forecasts to 2016" to their offering.
The authors's new report IEC 61850 Routers and Switches in Smart Grid - Markets Analysis and Forecasts to 2016 is a detailed account of the global market for IEC 61850 compliant routers and switches. The report covers the market elements related to IEC 61850 compliant routers and switches. IEC 61850 routers and switches play a pivotal role in implementing smart grid norms through substation automation. The report covers various aspects of these routers and switches, such as market sizing, market analysis and competitive landscape analysis. At the very outset, the report discusses the global market size of the IEC 61850 compliant routers and switches. The report proceeds to explain the IEC 61850 routers and switches industry dynamics across the globe, identifying the key market drivers, industry challenges, product-pricing analysis and also provides a Michael Porter's Five-Force analysis of the market. The report assesses the competitive scenario in the IEC 61850 compliant routers and switches industry and provides key analytics, such as market share analysis of key players and comparative product analysis.
The IEC 61850 Complaint Routers' and Switches' Market to Grow at a Moderate Pace in the Next Five Years
The global market for IEC 61850 compliant routers and switches is unlikely to chart a high-growth path in the next five years. The global market for these products is still less than $150m per year but the market witnessed a steep growth of around 39.5% in 2010 when compared to 2009. This trend is likely to continue till 2012. The market is expected to witness a surge in growth from 2013 onwards. The Compounded Annual Growth Rate (CAGR) for the Switches' market during the period 2009-2016 is opined to be around 18.2%.
Europe Remains the Leading Market for IEC 61850 Compliant Routers and Switches in 2010
The European market for IEC 61850 routers and switches has surpassed other global regions to emerge as the top revenue generator in 2010. Europe has a global market share of 34%, followed by North America, Asia-Pacific and the Rest-of-the-World. The Asia-Pacific region is quickly emerging as a key market for the IEC 61850 compliant routers and switches trailing closely behind the North American region with a market share of 26%.
Reduction in Cost of Future Technology Integration will Drive the Sale of IEC 61850 Compliant Routers and Switches
The IEC 61850 compliant routers and switches will bring down the cost of technology integration in future. The IEC 61850 standard for substation automation facilitates device integration and interoperability. Unlike legacy communication protocols, IEC 61850 Ethernet products from different vendors can be seamlessly integrated into the communication architecture of substations. This helps to bring down the cost of integration and boosts competition among players in the market for IEC 61850 compliant Ethernet routers and switches.
Scope:
- Market size and forecasts of global IEC 61850 switches market
- Competition analysis for key players in global IEC 61850 switches market
- Market Share Analysis of key players in global IEC 61850 switches market
- Product and pricing analysis for offerings from key vendors
- Data sourced from GlobalData databases, secondary research and primary interviews with key participants across the value chain.
Reasons to buy:
- Facilitate decision-making based on strong historic and forecast data for global IEC 61850 switches market
- Develop strategies for market penetration and product development
- Position yourself to gain the maximum advantage of the global IEC 61850 switches and routers' market growth potential
- Identify key partners and business development avenues
- Respond to your competitors' business structure, strategy and prospects
Key Topics Covered:
1 Table of contents 1.1 List of Tables 1.2 List of Figures
2 Introduction 2.1 Global Routers and Switches Industry 2.2 Report Guidance
3 Smart Grid Routers and Switches Market Sizing 3.1 Overview 3.2 Global Market for IEC 61850 Compliant Routers and Switches 3.3 European Markets for IEC 61850 Compliant Routers and Switches 3.4 North American Markets for IEC 61850 Compliant Routers and Switches
4 Smart Grid Routers and Switches Market Analysis 4.1 Key Drivers for Growth of the Global IEC 61850 Compliant Routers and Switches Market 4.2 Key Barriers to the Growth of the Global IEC 61850 Compliant Routers and Switches Market 4.3 Michael Porter's Five Forces Analysis of the Global Smart Grid Routers and Switches Market 4.4 Pricing Structure Analysis of the Global Smart Grid Routers and Switches Market
5 Smart Grid Substation Automation Technology Overview 5.1 Smart Grid 5.2 Substation Automation in Smart Grid
6 Competitive Landscape Analysis 6.1 Market Share Analysis of Major Players in the Global IEC 61850 Routers and Switches Market 6.2 Market Share Analysis of Major Players in the US IEC 61850 Routers and Switches Market 6.3 Market Share Analysis of Major Players in the Chinese IEC 61850 Routers and Switches Market 6.4 Comparative Product Analysis of Smart Grid Switches Vendors 6.5 Comparative Product Analysis of Smart Grid Routers Vendors 6.6 Comparative Product Analysis for Vendors of Mixed Functionality Products 6.7 Key Players Analysis
7 Key Support Data 7.1 IEC 61850 Compliant Switches Available from Leading Global Manufacturers 7.2 IEC 61850 Compliant Routers Available from Leading Global Manufacturers
8 Appendix 8.1 Market Definitions 8.2 Abbreviations 8.3 About Smart Grid eTrack 8.4 Methodology 8.5 Contact Us 8.6 Disclaimer
Companies Mentioned:
- Cisco Systems
- GarrettCom
- Hirschmann
- RuggedCom
- Sixnet
- Moxa Inc.
For more information visit http://www.researchandmarkets.com/research/c76c9c/iec_61850_routers