Description

This study discuss the existing current market dynamics, implications of the market forces and industry challenges during the forecast period (2010-2016) are analyzed. The Industry analysis includes regulation, American Recovery and Reinvestment Act (ARRA) grants and the use of communication protocols. The market analysis is done based on the project type and product type segmentations. The project type includes greenfield and retrofit projects. The product type analysis is done by the segmentation of substation IEDs and software and communication technologies. Geographically the North American market is defined as US and Canada. Market share and Industry structure are further analysed in this study.