The Asia-Pacific region is quickly emerging as a key market for the IEC 61850 compliant routers and switches trailing closely behind the North American region with a market share of 26%. The IEC 61850 compliant routers and switches will bring down the cost of technology integration in the future.

The IEC 61850 standard for substation automation facilitates device integration and interoperability. Unlike legacy communication protocols, IEC 61850 Ethernet products from different vendors can be seamlessly integrated into the communication architecture of substations. This helps to bring down the cost of integration and boosts competition among players in the market for IEC 61850 compliant Ethernet routers and switches.GlobalData's report "IEC 61850 Routers and Switches in Smart Grid Markets Analysis and Forecasts to 2016" is a detailed account of the global market for IEC 61850 compliant routers and switches.

The report covers the market elements related to IEC 61850 compliant routers and switches. IEC 61850 routers and switches play a pivotal role in implementing smart grid norms through substation automation. The report covers various aspects of these routers and switches, such as market sizing, market analysis and competitive landscape analysis. At the very outset, the report discusses the global market size of the IEC 61850 compliant routers and switches.

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