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Asia Pacific Substation Automation Market Forecast 2019-2027

KEY FINDINGS
Substation Automation market by the Asia Pacific is anticipated to rise with a CAGR of 6.77% during the forecast period 2019-2027. The market has been valued at $ 8588 million in the year 2018 and is expected to rise to a revenue of about $XX million by the year 2027.

MARKET INSIGHTS
The alarming growth of population in India and China is propelling them to the forefront of being the largest countries for demanding large electricity. Therefore, the transmission losses in these highly-populated areas can be easily minimized with the help of substation automation, which will eventually raise the market demand for substation automation. China, India, Japan, South Korea, Australia and the Rest of Asia Pacific are considered for market study.

COMPETITIVE INSIGHTS
The major companies functioning in the market are Larsen & Toubro Limited, Cisco Systems Inc., Schneider Electric SE, Venson Electric Pvt. Ltd., Amperion Inc., General Electric Company (GE Grid Solutions, LLC), Trilliant Holdings, Inc., Honeywell International Inc., Siemens AG, Schweitzer Engineering Laboratories, Inc., ABB Ltd., Ingeteam S.A., NovaTech LLC, Eaton Corporation PLC, and Crompton Greaves Ltd.
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Asia Pacific Substation Automation Market Forecast 2019-2027
Published By :Inkwood Research
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