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Global Substation Automation Market Report by Module Type, Component, Communication Channel, Substation Type, Installation Type, End-Use Industry, and Region 2024-2032- Product Image
Global Substation Automation Market Report by Module Type, Component, Communication Channel, Substation Type, Installation Type, End-Use Industry, and Region 2024-2032- Product Image
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Global Substation Automation Market Report by Module Type, Component, Communication Channel, Substation Type, Installation Type, End-Use Industry, and Region 2024-2032

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    Report

  • 141 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5753174
Description Jump to:
The global substation automation market size reached US$ 47.6 Billion in 2023. Looking forward, the market is projected to reach US$ 76.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.44% during 2023-2032. Increasing demand for reliable power supply, the surging need for reducing transmission and distribution losses, and the growing adoption of smart grid technology are some of the key factors driving the market.

Substation automation refers to the use of advanced technologies and communication systems to automate and enhance the monitoring, control, and protection of electrical substations. It involves the integration of intelligent devices, communication networks, and advanced software applications to enhance operational efficiency and reliability. Its components typically include intelligent electronic devices (IEDs) such as protective relays, meters, and controllers, along with communication infrastructure. These components enable real-time monitoring, control, and data exchange within the substation and with higher-level systems.

Substation automation offers numerous advantages, such as it enables remote monitoring and control, reducing the need for manual intervention, and enhancing safety. Additionally, it supports better grid management, enables load balancing, and enhances grid resilience. Currently, there are various types of substation automation systems, including centralized systems with a central control center and decentralized systems with distributed control units.

Substation Automation Market Trends

The increasing demand for reliable power supply and the surging need for reducing transmission and distribution losses are some of the primary factors boosting the market growth. The growing adoption of smart grid technology and the deployment of automated systems for substation monitoring and control are fueling the market growth. Additionally, the rising renewable energy installations, the surging threat of cyberattacks on critical infrastructure, and the escalating need for optimizing the performance of grid infrastructure are contributing to the market growth.

The implementation of stringent government regulations for reducing carbon emissions and the increasing need for enhancing grid resilience against natural disasters are propelling the market growth. Furthermore, the increasing adoption of cloud-based solutions and the integration of advanced communication technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), are accelerating the market growth.

Other factors, such as the burgeoning investment in power infrastructure, the need for real-time monitoring and control of substation equipment, the development of microgrid technology, integration of renewable energy sources, advancements in communication and networking technologies, and the escalating popularity of energy storage solutions, are driving the market growth.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global substation automation market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on module type, component, communication channel, substation type, installation type and end-use industry.

Module Type Insights:

  • Intelligent Electronic Devices
  • Communication Networks
  • SCADA Systems
The report has provided a detailed breakup and analysis of the global substation automation market based on the module type. This includes intelligent electronic devices, communication networks, and SCADA systems. According to the report, the intelligent electronic devices segment accounted for the largest market share.

Component Insights:

  • Hardware
  • Reclose Controllers
  • Programmable Logical Controllers
  • Capacitor Banks
  • Smart Meters
  • Load Tap Changers
  • Digital Relays
  • Fiber-Optic Cables
  • Others
  • Software
  • Production Management Software
  • Asset Management Software
  • Performance Management Software
  • Services
  • Installation and Commissioning
  • Upgradation and Retrofitting
  • Testing, Repair and Maintenance
  • Others
The report has provided a detailed breakup and analysis of the global substation automation market based on the component. This includes hardware (reclose controllers, programmable logical controllers, capacitor banks, smart meters, load tap changers, digital relays, fiber-optic cables, and others), software (production management software, asset management software, performance management software), services (installation and commissioning, upgradation and retrofitting, testing, repair and maintenance, and others). According to the report, the hardware segment accounted for the largest market share.

Communication Channel Insights:

  • Ethernet
  • Copper Wire Communication
  • Power Line Communication
  • Optical Fiber Communication
  • Others
The report has provided a detailed breakup and analysis of the global substation automation market based on the communication channel. This includes ethernet, copper wire communication, power line communication, optical fiber communication, and others. According to the report, the copper wire communication segment accounted for the largest market share.

Substation Type Insights:

  • Transmission
  • Distribution
The report has provided a detailed breakup and analysis of the global substation automation market based on the substation type. This includes transmission and distribution. According to the report, the transmission segment accounted for the largest market share.

Installation Type Insights:

  • New Installation
  • Retrofit Installation
The report has provided a detailed breakup and analysis of the global substation automation market based on the installation type. This includes new installation and retrofit installation. According to the report, the new installation segment accounted for the largest market share.

End-Use Industry Insights:

  • Utility
  • Transportation
  • Metals & Mining
  • Oil and Gas
  • Others
The report has provided a detailed breakup and analysis of the global substation automation market based on the end-use industry. This includes utility, transportation, metals & mining, oil and gas, and others. According to the report, the utility segment accounted for the largest market share.

Regional Insights:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. As per the report, North America is the largest market. Some of the factors driving the North America substation automation market include burgeoning investment in power infrastructure, the increasing need for real-time monitoring and control of substation equipment, and the development of microgrid technology.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global substation automation market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Some of the companies covered include ABB, Cooper Industries, Eaton Corporation, General Electric, Grid Net, Larsen & Toubro Limited, Power system Engineering, SAE IT-Systems GmbH & Co.KG, Schneider Electric, Siemens AG, Tropos Network Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global substation automation market in 2023?
2. What is the expected growth rate of the global substation automation market during 2024-2032?
3. What are the key factors driving the global substation automation market?
4. What has been the impact of COVID-19 on the global substation automation market?
5. What is the breakup of the global substation automation market based on the module type?
6. What is the breakup of the global substation automation market based on the component?
7. What is the breakup of the global substation automation market based on the communication channel?
8. What is the breakup of the global substation automation market based on the substation type?
9. What is the breakup of the global substation automation market based on the installation type?
10. What is the breakup of the global substation automation market based on the end-use industry?
11. What are the key regions in the global substation automation market?
12. Who are the key players/companies in the global substation automation market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Substation Automation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Module Type
6.1 Intelligent Electronic Devices
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Communication Networks
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 SCADA Systems
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1 Hardware
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Reclose Controllers
7.1.2.2 Programmable Logical Controllers
7.1.2.3 Capacitor Banks
7.1.2.4 Smart Meters
7.1.2.5 Load Tap Changers
7.1.2.6 Digital Relays
7.1.2.7 Fiber-Optic Cables
7.1.2.8 Others
7.1.3 Market Forecast
7.2 Software
7.2.1 Market Trends
7.2.2 Major Types
7.2.2.1 Production Management Software
7.2.2.2 Asset Management Software
7.2.2.3 Performance Management Software
7.2.3 Market Forecast
7.3 Services
7.3.1 Market Trends
7.3.2 Major Types
7.3.2.1 Installation and Commissioning
7.3.2.2 Upgradation and Retrofitting
7.3.2.3 Testing, Repair and Maintenance
7.3.2.4 Others
7.3.3 Market Forecast
8 Market Breakup by Communication Channel
8.1 Ethernet
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Copper Wire Communication
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Power Line Communication
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Optical Fiber Communication
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Substation Type
9.1 Transmission
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Distribution
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Installation Type
10.1 New Installation
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Retrofit Installation
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by End-Use Industry
11.1 Utility
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Transportation
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Metals & Mining
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Oil and Gas
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Others
11.5.1 Market Trends
11.5.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.1.1 United States
12.1.1.1 Market Trends
12.1.1.2 Market Forecast
12.1.2 Canada
12.1.2.1 Market Trends
12.1.2.2 Market Forecast
12.2 Asia-Pacific
12.2.1 China
12.2.1.1 Market Trends
12.2.1.2 Market Forecast
12.2.2 Japan
12.2.2.1 Market Trends
12.2.2.2 Market Forecast
12.2.3 India
12.2.3.1 Market Trends
12.2.3.2 Market Forecast
12.2.4 South Korea
12.2.4.1 Market Trends
12.2.4.2 Market Forecast
12.2.5 Australia
12.2.5.1 Market Trends
12.2.5.2 Market Forecast
12.2.6 Indonesia
12.2.6.1 Market Trends
12.2.6.2 Market Forecast
12.2.7 Others
12.2.7.1 Market Trends
12.2.7.2 Market Forecast
12.3 Europe
12.3.1 Germany
12.3.1.1 Market Trends
12.3.1.2 Market Forecast
12.3.2 France
12.3.2.1 Market Trends
12.3.2.2 Market Forecast
12.3.3 United Kingdom
12.3.3.1 Market Trends
12.3.3.2 Market Forecast
12.3.4 Italy
12.3.4.1 Market Trends
12.3.4.2 Market Forecast
12.3.5 Spain
12.3.5.1 Market Trends
12.3.5.2 Market Forecast
12.3.6 Russia
12.3.6.1 Market Trends
12.3.6.2 Market Forecast
12.3.7 Others
12.3.7.1 Market Trends
12.3.7.2 Market Forecast
12.4 Latin America
12.4.1 Brazil
12.4.1.1 Market Trends
12.4.1.2 Market Forecast
12.4.2 Mexico
12.4.2.1 Market Trends
12.4.2.2 Market Forecast
12.4.3 Others
12.4.3.1 Market Trends
12.4.3.2 Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
14.1 Overview
14.2 Inbound Logistics
14.3 Operations
14.4 Outbound Logistics
14.5 Marketing and Sales
14.6 Post Sales Services
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Indicators
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 ABB
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.2 Cooper Industries
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.3 Eaton Corporation
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Financials
17.3.3.4 SWOT Analysis
17.3.4 General Electric
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Financials
17.3.4.4 SWOT Analysis
17.3.5 Grid Net
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.6 Larsen & Toubro Limited
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Financials
17.3.6.4 SWOT Analysis
17.3.7 Power System Engineering
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.8 SAE IT-Systems GmbH & Co.KG
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.9 Schneider Electric
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Financials
17.3.10 Siemens AG
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.10.4 SWOT Analysis
17.3.11 Tropos network Ltd.
17.3.11.1 Company Overview
17.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Substation Automation Market: Major Drivers and Challenges
Figure 2: Global: Substation Automation Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Substation Automation Market: Breakup by Module Type (in %), 2023
Figure 4: Global: Substation Automation Market: Breakup by Component (in %), 2023
Figure 5: Global: Substation Automation Market: Breakup by Communication Channel (in %), 2023
Figure 6: Global: Substation Automation Market: Breakup by Substation Type (in %), 2023
Figure 7: Global: Substation Automation Market: Breakup by Installation Type (in %), 2023
Figure 8: Global: Substation Automation Market: Breakup by End-Use Industry (in %), 2023
Figure 9: Global: Substation Automation Market: Breakup by Region (in %), 2023
Figure 10: Global: Substation Automation Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 11: Global: Substation Automation (Intelligent Electronic Devices) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Substation Automation (Intelligent Electronic Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Substation Automation (Communication Networks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Substation Automation (Communication Networks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Substation Automation (SCADA Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Substation Automation (SCADA Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Substation Automation (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Substation Automation (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Substation Automation (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Substation Automation (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Substation Automation (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Substation Automation (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Substation Automation (Ethernet) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Substation Automation (Ethernet) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Substation Automation (Copper Wire Communication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Substation Automation (Copper Wire Communication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Substation Automation (Power Line Communication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Substation Automation (Power Line Communication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Substation Automation (Optical Fiber Communication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Substation Automation (Optical Fiber Communication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Substation Automation (Other Communication Channels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Substation Automation (Other Communication Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Substation Automation (Transmission) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Substation Automation (Transmission) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Substation Automation (Distribution) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Substation Automation (Distribution) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Substation Automation (New Installation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Substation Automation (New Installation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Substation Automation (Retrofit Installation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Substation Automation (Retrofit Installation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Substation Automation (Utility) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Substation Automation (Utility) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Substation Automation (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Substation Automation (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Substation Automation (Metals & Mining) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Substation Automation (Metals & Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Global: Substation Automation (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Global: Substation Automation (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Global: Substation Automation (Other End-Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Global: Substation Automation (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: North America: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: North America: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: United States: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: United States: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Canada: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Canada: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Asia Pacific: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Asia Pacific: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: China: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: China: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Japan: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Japan: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: India: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: India: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: South Korea: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: South Korea: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Australia: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Australia: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Indonesia: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Indonesia: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Europe: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Europe: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Germany: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Germany: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: France: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: France: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: United Kingdom: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: United Kingdom: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Italy: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Italy: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Spain: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Spain: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Russia: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Russia: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Others: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Others: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Latin America: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Latin America: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Brazil: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Brazil: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Mexico: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Mexico: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Others: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Others: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Middle East and Africa: Substation Automation Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Middle East and Africa: Substation Automation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 99: Global: Substation Automation Industry: SWOT Analysis
Figure 100: Global: Substation Automation Industry: Value Chain Analysis
Figure 101: Global: Substation Automation Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Substation Automation Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Substation Automation Market Forecast: Breakup by Module Type (in Million US$), 2024-2032
Table 3: Global: Substation Automation Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 4: Global: Substation Automation Market Forecast: Breakup by Communication Channel (in Million US$), 2024-2032
Table 5: Global: Substation Automation Market Forecast: Breakup by Substation Type (in Million US$), 2024-2032
Table 6: Global: Substation Automation Market Forecast: Breakup by Installation Type (in Million US$), 2024-2032
Table 7: Global: Substation Automation Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
Table 8: Global: Substation Automation Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 9: Global: Substation Automation Market: Competitive Structure
Table 10: Global: Substation Automation Market: Key Players

Companies Mentioned

  • ABB
  • Cooper Industries
  • Eaton Corporation
  • General Electric
  • Grid Net
  • Larsen & Toubro Limited
  • Power system Engineering
  • SAE IT-Systems GmbH & Co.KG
  • Schneider Electric
  • Siemens AG
  • Tropos Network Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages141
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 47.6 Billion
Forecasted Market Value ( USD ) by 2032 $ 76.7 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned11

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Global Substation Automation Market by Offering (Hardware, Services, Software), Type (Distribution Substations, Transmission Substations), Installation Type, End-User Industry - Forecast 2024-2030 - Product Image

Global Substation Automation Market by Offering (Hardware, Services, Software), Type (Distribution Substations, Transmission Substations), Installation Type, End-User Industry - Forecast 2024-2030

  • Report
  • 181 Pages
  • Global
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