US Synchrophasors Market to Grow at a 30.1% CAGR by 2018 a New Research Report at

Dallas, Texas (PRWEB) July 11, 2014

Synchrophasors use phasor measurement units (PMUs) as monitoring devices that measure current, instantaneous voltage, and frequency at specific locations on an electric grid. This provides the operators with a real-time picture of the grid system helping them to make decisions to prevent power outage. The measurements obtained by the synchrophasors 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 helps synchrophasors from different utilities to be combined and synchronized, which presents a comprehensive view of a regional interconnection. The data collected by synchrophasors thus determine the grid stress and help take decisions to maintain reliability of the grid.

Analysts forecast the Synchrophasors market in US will grow at a CAGR of 30.1 percent over the period 2014-2018. According to the report, the increase in smart grid investments is a major growth driver. With the increasing number of successful smart grid projects in the country, investors and the US government are gaining confidence to spend more on the technology, resulting in an increase in investments.

This report covers the present scenario and the growth prospects of the Synchrophasors market in the US for the period 2014-2018. The forecasting for the market has been done for both the number of synchrophasor units and their revenue. It also provides a list of existing synchrophasor projects in the US along with their details. Report has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US; it also covers the Synchrophasors market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The report recognizes the following companies as the key players in Synchrophasors Market in the US: ABB Ltd., Alstom Grid SAS, Arbiter Systems, Inc., Schweitzer Engineering Laboratories, Inc., Siemens Energy, Inc , AEG Applied Energy Group, Inc., Comverge, Inc., ERLPhase Power Technologies Ltd., GreenMountain Power Corporation, Macrodyne, Inc., Utility Systems Inc.

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