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| [February 05, 2013] |
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Transmission and Distribution SCADA Devices Will Surpass $1.5 Billion in Annual Market Value by 2020, Forecasts Pike Research
BOULDER, Colo. --(Business Wire)--
Utilities have a growing interest in smart grid investments that reach
beyond meter reading and extend to automation technologies that actively
monitor transmission and distribution (T&D) grids and take autonomous
action to improve reliability and efficiency. Supervisory control and
data acquisition (SCADA) devices, which operate at substations and
individual distribution feeders, are key elements of this shift.
According to a recent report from Pike
Research, a part of Navigant's Energy Practice, revenue from T&D
SCADA devices will grow from $913 million in 2012 to more than $1.5
billion in 2020.
"SCADA devices perform a wide range of data collection, sharing, and
coordinated control actions that make grids more efficient and
reliable," says senior research analyst Bob Lockhart. "As the global
utility market emerges from pilot deployments into large-scale smart
grid implementations, those vendors that solve those problems, while
also enabling utilities to meet tougher sustainability mandates, will be
in an enviable position."
Providers of SCADA systems are making research and development
investment choices today that will likely determine which vendors emerge
as tomorrow's leaders in smart grid automation. While vendors are
working hard to address the needs of utilities, a gap is emerging
between vendors' understanding of the market and utilities' perceptions
of their needs, according to the report. Utilities are focused on basic
outage reduction and reliability improvements, while vendors are
reaching toward more advanced capabilities associated with distribution
optimization.
The report, "Smart
Grid SCADA Systems", examines the T&D substation SCADA market by
number of projects, transmission vs. distribution applications, and
device type. Worldwide and regional forecasts are provided for different
device types and communication protocols, factoring in dissimilar
approaches to distribution grid design in different regions of the
world. Substation servers, data concentrators, gateways, remote terminal
units, intelligent electronic devices, distributed input/output and pole
top/pad mount switch controllers are all discussed, with unit and
revenue forecasts through 2020. The market trends for SCADA protocols
and the devices that use these protocols for automation at the
substation and feeder levels are all discussed in detail. Profiles of
key industry players are included, as well. An Executive Summary of the
report is available for free download on the Pike
Research website.
About Pike Research (News - Alert)
Pike Research, which joined Navigant's global Energy Practice on July 1,
2012, provides in-depth analysis of global clean technology markets. The
team's research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Utilities, Smart Transportation, Smart Industry, and Smart
Buildings sectors. Additional information about Pike Research can be
found at www.navigant.com/pikeresearch.
About Navigant
Navigant (NYSE: NCI) is a specialized, global expert services firm
dedicated to assisting clients in creating and protecting value in the
face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals combine technical
expertise in Disputes and Investigations, Economics, Financial Advisory
and Management Consulting, with business pragmatism in the highly
regulated Construction, Energy, Financial Services and Healthcare
industries to support clients in addressing their most critical business
needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the
report, "Smart Grid SCADA Systems," is a summary and reflects
Pike Research's current expectations based on market data and trend
analysis. Market predictions and expectations are inherently uncertain
and actual results may differ materially from those contained in this
press release or the report. Please refer to the full report for a
complete understanding of the assumptions underlying the report's
conclusions and the methodologies used to create the report. Neither
Pike Research nor Navigant undertakes any obligation to update any of
the information contained in this press release or the report.

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