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Substation automation market is experiencing a new wave of developments, more prominently, under communication architecture such as the technology and product developments in gateways and communication end used solutions. This market is observing an emergence of new entrants, more preferably, the smart grid and communication solutions. All the major industry leaders are contributing extensively towards the research and development activities in order to get the first mover advantage. 

ABB Ltd. (Switzerland) serves substation automation ecosystem for various aspects and has a target market across various geographies. In 2010, it acquired “Ventxy”, a smart grid software firm in Atlanta (U.S.). In June 2012, the company acquired Tropos Networks Inc. (U.S.), a company that develops and markets wireless technologies and products for distribution area communication networks. In 2012, Ventyx joined forces with Mincom (Australia), an innovative leader in Enterprise Asset Management (EAM) and Enterprise Resource Planning (ERP) software for mining, transportation and defence.

ABB not only plays the role of a torch bearer but also enjoys a lion’s share in the substation automation market. ABB’s world-class protection and control solutions ensure a reliable power transmission and distribution in more than 100 countries. Its products have been designed to implement the core values of the IEC 61850 standard, so as to ensure interoperable and future-proof solutions. The company has planned to expand 50% of its R&D employees in the emerging markets by 2015, in order to meet the on-time customized customer requirements.

Alstom (France) is another major player in the market that provides a majority of the substation automation products and services. Alstom believes in organic growth with an active external development through mergers, acquisitions, alliances, and partnerships. The company has invested heavily in R&D of automation and smart grid technologies, and establishing the pilot projects for the same. This, in turn, is helping Alstom to become the market leader in the smart grid technology. In December 2012, Alstom acquired ASAT Solutions Inc. (Canada); ASAT is a Smart Grid technology company that specializes in managing, securing, and delivering substation information for utility operation, maintenance, and asset management applications. This acquisition will broaden the automation and smart grid capabilities of Alstom.

Related Reports:

Substation Automation and Integration Market By Components - IEDS (RTU, PLC, Digital Protection Relay, Smart Meters), Communication Technology (Optical Fiber, PLC, Copper Wire, thernet), SCADA & Geography (2013 - 2018)

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