The digital ray substation automation market size is expected to see strong growth in the next few years. It will grow to $13.14 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to expansion of smart grid development programs, rising focus on grid resilience and outage prevention, increasing adoption of AI based predictive maintenance, growth in electric mobility driven grid upgrades, rising investment in real time power system monitoring. Major trends in the forecast period include increasing adoption of advanced protection automation systems, growing integration of digital sensors and monitoring devices, expansion of remote substation management solutions, rising deployment of intelligent electronic devices (ieds), growing demand for automated fault detection and response.
The increase in data privacy and security is expected to drive the growth of the digital substation automation market going forward. Data privacy and security involve protecting sensitive information from unauthorized access, use, or disclosure through measures such as encryption and access controls to mitigate threats like cyberattacks and data breaches. Digital substation automation systems enforce strict access controls to limit who can view or modify data within the automation network, reducing the risk of unauthorized access and data breaches. For example, in October 2024, the Office of the Australian Information Commissioner (OAIC), an Australia-based government agency responsible for promoting and protecting privacy, reported that 3,104 privacy complaints were finalized in 2023-24, compared to 2,576 in 2022-23, representing a 20% increase. Therefore, the increase in data privacy and security is driving the growth of the digital substation automation market.
Prominent players within the digital ray substation automation market are dedicated to introducing cutting-edge technological solutions, including power automation platforms, to bolster their market revenues. A power automation platform encompasses an integrated automation solution featuring advanced digital process automation (DPA), robotic process automation (RPA), and process mining capabilities. For instance, in June 2023, Siemens Smart Infrastructure rolled out SICAM 8, a highly scalable power automation platform facilitating the seamless integration of new apps while aiding clients in ensuring secure and robust grid operations. This platform includes two novel software solutions including SICAM HMI (Human Machine Interface) and SICAM S8000. SICAM HMI elevates process visualization, while SICAM S8000 streamlines power automation processes, particularly supporting the integration of renewable energy sources into existing grids and expediting substation installations. Moreover, SICAM 8 was developed to meet escalating cybersecurity demands by providing a comprehensive cybersecurity solution encompassing secure products, systems, and services.
In December 2023, Hubbell Incorporated, a prominent US-based electronics company, completed the acquisition of Systems Control for an undisclosed sum. This strategic move underscores Comvest's expertise in facilitating business expansion and its leadership in investments within the infrastructure services sector, as Comvest is the parent company of Systems Control. Systems Control, based in the US, specializes in manufacturing substation control and relay panels, along with providing turnkey solutions for substation control buildings.
Major companies operating in the digital ray substation automation market are General Electric Company, Hitachi Power Ltd., Siemens AG, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Limited, Toshiba Corporation, Larsen & Toubro Limited, Eaton Corporation Plc, Texas Instruments Incorporated, Emerson Electric Co., Rockwell Automation Inc., Belden Inc., Schweitzer Engineering Laboratories, Crompton Greaves Ltd., Powell Industries, Arteche Group, Open System International, Trilliant Holdings Inc., Novatech Inc., EFACEC Power Solutions SGPS S.A., Kalki Communication Technologies Private Limited, Verson Electric Pvt. Ltd.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on electronics, communication modules, and power automation components have raised costs for digital substation automation systems, particularly affecting utilities and industries relying on imported protection relays, controllers, and communication equipment. Regions dependent on foreign electrical automation hardware, such as North America and Europe, face increased project costs and elongated procurement cycles. Despite these challenges, tariffs are fostering domestic manufacturing investment, stimulating localized production of automation components, and encouraging innovation in cost efficient digital grid solutions.
The digital ray substation automation market research report is one of a series of new reports that provides digital ray substation automation market statistics, including digital ray substation automation industry global market size, regional shares, competitors with a digital ray substation automation market share, detailed digital ray substation automation market segments, market trends and opportunities, and any further data you may need to thrive in the digital ray substation automation industry. This digital ray substation automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Digital ray substation automation involves the application of advanced digital technologies and automation systems to control and monitor electrical substations. This integration includes digital devices, communication networks, and control systems to effectively monitor, control, and protect the electrical grid infrastructure.
The main components of digital ray substation automation include the substation automation system, communication network, electrical system, recloser controller, programmable logical controller, capacitor bank controller, digital transducer or smart meter, load tap controller, communication channel, and others. A substation automation system is a comprehensive system that automates various functions within an electrical substation, covering monitoring, control, protection, and data acquisition. The communication channels involved encompass ethernet, power line communication, copper wire communication, and optical fiber communication, each serving diverse applications such as utility, steel, mining, oil and gas, and transportation channels.North America was the largest region in the digital ray substation automation market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital ray substation automation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital ray substation automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital ray substation automation market includes revenues earned by entities by providing services such as real-time monitoring, intelligent control algorithms, and predictive maintenance capabilities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The digital ray substation automation market also includes sales of intelligent electronic devices, control systems, such as supervisory control and data acquisition (SCADA) systems, and remote terminal units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Digital Ray Substation Automation Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses digital ray substation automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for digital ray substation automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The digital ray substation automation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Components: Substation Automation System; Communication Network; Electrical System; Recloser Controller; Programmable Logical Controller; Capacitor Bank Controller; Digital Transducer Or Smart Meter; Load Tap Controller; Communication Channel; Other Components2) By Communication Channel: Ethernet; Power Line Communication; Copper Wire Communication; Optical Fiber Communication
3) By Application: Utility; Steel; Mining; Oil And Gas; Transportation
Subsegments:
1) By Substation Automation System: SCADA Systems; Protection Systems; Control Systems2) By Communication Network: Fiber Optic Communication; Wireless Communication; Ethernet Communication
3) By Electrical System: Circuit Breakers; Transformers; Switchgear
4) By Recloser Controller: Automated Reclosers; Manual Reclosers
5) By Programmable Logical Controller: Standard PLCs; Safety PLCs
6) By Capacitor Bank Controller: Automatic Controllers; Manual Controllers
7) By Digital Transducer Or Smart Meter: Smart Energy Meters; Smart Gas Meters
8) By Load Tap Controller: Automatic Load Tap Controllers; Manual Load Tap Controllers
9) By Communication Channel: Serial Communication; IP Communication
10) By Other Components: Monitoring Devices; Sensors; Human-Machine Interfaces (HMIs)
Companies Mentioned: General Electric Company; Hitachi Power Ltd.; Siemens AG; Cisco Systems Inc.; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; ABB Limited; Toshiba Corporation; Larsen & Toubro Limited; Eaton Corporation Plc; Texas Instruments Incorporated; Emerson Electric Co.; Rockwell Automation Inc.; Belden Inc.; Schweitzer Engineering Laboratories; Crompton Greaves Ltd.; Powell Industries; Arteche Group; Open System International; Trilliant Holdings Inc.; Novatech Inc.; EFACEC Power Solutions SGPS S.A.; Kalki Communication Technologies Private Limited; Verson Electric Pvt. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Digital Ray Substation Automation market report include:- General Electric Company
- Hitachi Power Ltd.
- Siemens AG
- Cisco Systems Inc.
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Honeywell International Inc.
- ABB Limited
- Toshiba Corporation
- Larsen & Toubro Limited
- Eaton Corporation Plc
- Texas Instruments Incorporated
- Emerson Electric Co.
- Rockwell Automation Inc.
- Belden Inc.
- Schweitzer Engineering Laboratories
- Crompton Greaves Ltd.
- Powell Industries
- Arteche Group
- Open System International
- Trilliant Holdings Inc.
- Novatech Inc.
- EFACEC Power Solutions SGPS S.A.
- Kalki Communication Technologies Private Limited
- Verson Electric Pvt. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 10.17 Billion |
| Forecasted Market Value ( USD | $ 13.14 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |


