Growth in the Asian Electric Grid Drives SCADA for Electric Power Market

New ARC Advisory Group research on the global market for SCADA Systems for Electric Power Transmission and Distribution (T&D) reveals that increasingly affluent Asian countries are expanding electric power generation, transmission and distribution, which increases demand for these systems in those countries.  People in these countries want refrigerators, appliances, HVAC, lighting, and electric vehicles, which all increase demand for electric power.

The worldwide economy is increasingly dependent on low-cost and reliable electric power.  Unserved areas are getting power for the first time and served areas are demanding more capacity, reliability, and resilience to meet rising demands, weather events, and new load profiles.  With increasing non-dispatchable renewable power generation, grid management is becoming more challenging and T&D SCADA is a crucial function.  This places more emphasis on understanding the state of the T&D systems and planning future generation, transmission, and distribution upgrades.  New and significant market reform regulations, software applications, behind-the-meter products, and system integration will all be required to create a fully interactive electrical network.

“Electric utilities are being challenged to serve new loads and load profiles, operate more efficiently, lower operating costs, and enhance customer satisfaction.  The utility industry is seeing a decline in large central power stations and an increase in distributed generation with the emerging integration of new demand response markets for electricity.  The utilities are turning to SCADA to increase grid monitoring, improve operational efficiency, improve grid planning efficiency, and maintain grid equipment, while also being more responsive to the needs of their customers,” according to Rick Rys, Senior Consultant at ARC Advisory Group and key author of ARC’s SCADA Systems for the Electric Power Industry Global Market Research report.

About SCADA Systems for the Electric Power Industry Research

SCADA Systems for the Electric Power Market TrendsThis ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for SCADA systems for the electric power industry market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, grid location, revenue type, hardware component, software application, service type, project type, project size, sales channel, and customer type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes three years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

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