The global Time Synchronization in the Electric Power System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The power system time synchronization uses the positioning system clock to perform unified time synchronization on the computer monitoring system, measurement and control device, line microcomputer protection device, fault recording device, and electric energy billing system of the power plant and substation, so as to realize the clock of the entire power plant and substation totally unified.
This report aims to provide a comprehensive presentation of the global market for Time Synchronization in the Electric Power System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Time Synchronization in the Electric Power System. This report contains market size and forecasts of Time Synchronization in the Electric Power System in global, including the following market information:
Global Time Synchronization in the Electric Power System Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Time Synchronization in the Electric Power System Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Time Synchronization in the Electric Power System companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
GPS Time Synchronization Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Time Synchronization in the Electric Power System include Microsemi (Microchip), Meinberg, Grid Solutions (GE), MOBATIME, Sapling, American Time, Primex, BRG Precision Products and Arbiter Systems, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Time Synchronization in the Electric Power System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Time Synchronization in the Electric Power System Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Time Synchronization in the Electric Power System Market Segment Percentages, by Type, 2022 (%)
- GPS Time Synchronization
- Beidou Time Synchronization
Global Time Synchronization in the Electric Power System Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Time Synchronization in the Electric Power System Market Segment Percentages, by Application, 2022 (%)
- Substation
- Power Station
- Others
Global Time Synchronization in the Electric Power System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Time Synchronization in the Electric Power System Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Time Synchronization in the Electric Power System revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Time Synchronization in the Electric Power System revenues share in global market, 2022 (%)
- Key companies Time Synchronization in the Electric Power System sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Time Synchronization in the Electric Power System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Microsemi (Microchip)
- Meinberg
- Grid Solutions (GE)
- MOBATIME
- Sapling
- American Time
- Primex
- BRG Precision Products
- Arbiter Systems
- EndRun Technologies
- Orolia
- SANDS
- hopf Elektronik
- Valiant Communications
- Galleon Systems
- Brandywine Communications
- Nari Technology
- CYG SUNRI
- Kehui Power Automation
- RUICHENG ELECTRIC
- Da He Electric Power Technology
- Shuanghe Electric
- Chengdu Tian'ao Electronics
- Zhong Yuan Hua Dian Science & Technology
- Lingtong Electronic Technology
- Dongyue Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Time Synchronization in the Electric Power System, market overview.
Chapter 2: Global Time Synchronization in the Electric Power System market size in revenue and volume.
Chapter 3: Detailed analysis of Time Synchronization in the Electric Power System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Time Synchronization in the Electric Power System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Time Synchronization in the Electric Power System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
