Substation Automation Market Size to Garner USD 53.4 Billion by 2032

The global substation automation market size was estimated to be around US$ 28.7 billion in 2022. It is projected to reach US$ 53.4 billion by 2032, indicating a CAGR of 6.4% from 2023 to 2032.

 

The market research report on the Substation automation market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Substation automation products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Report Scope of the Substation Automation Market:

Read More: Pharmaceutical Cartridges Market Size to Garner USD 7.12 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Substation automation market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Substation automation market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Substation automation products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Substation automation market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Substation automation market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Substation automation market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

• Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
• In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
• Market size in USD million and volume in million units provided for each segment and sub-segment.
• Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
• Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Key Players

• Cisco Systems, Inc.
• Eaton Corporation plc
• General Electric
• Hitachi ABB
• Ingeteam
• Itron Inc.
• Mitsubishi Electric Corporation
• NovaTech, LLC.
• Schneider Electric SE
• Schweitzer Engineering Laboratories, Inc.
• Siemens AG
• Trilliant Inc.

Substation Automation Market  Segmentations

By Module

• Communication Networks
• Scada Systems
• Intelligent Electronic Devices

By Offering

• Hardware
• Software
• Services

By Type 

• Distribution Substations
• Transmission Substations

By Installation Type

• New Installations
• Retrofit Installations

By End-user

• Utilities
• Steel
• Oil and Gas
• Mining
• Transportation

By Component

• IEDs
• Communication Networks
• SCADA Systems

By Communication Channel 

• Optical Fiber Communication
• Ethernet
• Copper Wire Communication
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Substation Automation Market, By Module

7.1. Substation Automation Market, by Module, 2023-2032

7.1.1. Communication Networks

7.1.1.1. Market Revenue and Forecast (2020-2032)

7.1.2. Scada Systems

7.1.2.1. Market Revenue and Forecast (2020-2032)

7.1.3. Intelligent Electronic Devices

7.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 8. Global Substation Automation Market, By Offering

8.1. Substation Automation Market, by Offering, 2023-2032

8.1.1. Hardware

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Software

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Services

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Substation Automation Market, By Type

9.1. Substation Automation Market, by Type, 2023-2032

9.1.1. Distribution Substations

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Transmission Substations

9.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Substation Automation Market, By Installation Type

10.1. Substation Automation Market, by Installation Type, 2023-2032

10.1.1. New Installations

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Retrofit Installations

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Substation Automation Market, By End-user

11.1. Substation Automation Market, by End-user, 2023-2032

11.1.1. Utilities

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Steel

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Oil and Gas

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Mining

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Transportation

11.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Substation Automation Market, By Component

12.1. Substation Automation Market, by Component, 2023-2032

12.1.1. IEDs

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Communication Networks

12.1.2.1. Market Revenue and Forecast (2020-2032)

12.1.3. SCADA Systems

12.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Substation Automation Market, By Communication Channel

13.1. Substation Automation Market, by Communication Channel, 2023-2032

13.1.1. Optical Fiber Communication

13.1.1.1. Market Revenue and Forecast (2020-2032)

13.1.2. Ethernet

13.1.2.1. Market Revenue and Forecast (2020-2032)

13.1.3. Copper Wire Communication

13.1.3.1. Market Revenue and Forecast (2020-2032)

13.1.4. Others

13.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 14. Global Substation Automation Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Module (2020-2032)

14.1.2. Market Revenue and Forecast, by Offering (2020-2032)

14.1.3. Market Revenue and Forecast, by Type (2020-2032)

14.1.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.1.5. Market Revenue and Forecast, by End-user (2020-2032)

14.1.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.1.7. Market Revenue and Forecast, by Component (2020-2032)

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Module (2020-2032)

14.1.8.2. Market Revenue and Forecast, by Offering (2020-2032)

14.1.8.3. Market Revenue and Forecast, by Type (2020-2032)

14.1.8.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.1.8.5. Market Revenue and Forecast, by End-user (2020-2032)

14.1.8.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.1.8.7. Market Revenue and Forecast, by Component (2020-2032)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Module (2020-2032)

14.1.9.2. Market Revenue and Forecast, by Offering (2020-2032)

14.1.9.3. Market Revenue and Forecast, by Type (2020-2032)

14.1.9.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.1.9.5. Market Revenue and Forecast, by End-user (2020-2032)

14.1.9.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.1.9.7. Market Revenue and Forecast, by Component (2020-2032)

14.2. Europe

14.2.1. Market Revenue and Forecast, by Module (2020-2032)

14.2.2. Market Revenue and Forecast, by Offering (2020-2032)

14.2.3. Market Revenue and Forecast, by Type (2020-2032)

14.2.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.2.5. Market Revenue and Forecast, by End-user (2020-2032)

14.2.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.2.7. Market Revenue and Forecast, by Component (2020-2032)

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Module (2020-2032)

14.2.8.2. Market Revenue and Forecast, by Offering (2020-2032)

14.2.8.3. Market Revenue and Forecast, by Type (2020-2032)

14.2.8.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.2.8.5. Market Revenue and Forecast, by End-user (2020-2032)

14.2.8.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.2.8.7. Market Revenue and Forecast, by Component (2020-2032)

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Module (2020-2032)

14.2.9.2. Market Revenue and Forecast, by Offering (2020-2032)

14.2.9.3. Market Revenue and Forecast, by Type (2020-2032)

14.2.9.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.2.9.5. Market Revenue and Forecast, by End-user (2020-2032)

14.2.9.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.2.9.7. Market Revenue and Forecast, by Component (2020-2032)

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Module (2020-2032)

14.2.10.2. Market Revenue and Forecast, by Offering (2020-2032)

14.2.10.3. Market Revenue and Forecast, by Type (2020-2032)

14.2.10.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.2.10.5. Market Revenue and Forecast, by End-user (2020-2032)

14.2.10.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.2.10.7. Market Revenue and Forecast, by Component (2020-2032)

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Module (2020-2032)

14.2.11.2. Market Revenue and Forecast, by Offering (2020-2032)

14.2.11.3. Market Revenue and Forecast, by Type (2020-2032)

14.2.11.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.2.11.5. Market Revenue and Forecast, by End-user (2020-2032)

14.2.11.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.2.11.7. Market Revenue and Forecast, by Component (2020-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Module (2020-2032)

14.3.2. Market Revenue and Forecast, by Offering (2020-2032)

14.3.3. Market Revenue and Forecast, by Type (2020-2032)

14.3.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.3.5. Market Revenue and Forecast, by End-user (2020-2032)

14.3.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.3.7. Market Revenue and Forecast, by Component (2020-2032)

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Module (2020-2032)

14.3.8.2. Market Revenue and Forecast, by Offering (2020-2032)

14.3.8.3. Market Revenue and Forecast, by Type (2020-2032)

14.3.8.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.3.8.5. Market Revenue and Forecast, by End-user (2020-2032)

14.3.8.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.3.8.7. Market Revenue and Forecast, by Component (2020-2032)

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Module (2020-2032)

14.3.9.2. Market Revenue and Forecast, by Offering (2020-2032)

14.3.9.3. Market Revenue and Forecast, by Type (2020-2032)

14.3.9.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.3.9.5. Market Revenue and Forecast, by End-user (2020-2032)

14.3.9.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.3.9.7. Market Revenue and Forecast, by Component (2020-2032)

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Module (2020-2032)

14.3.10.2. Market Revenue and Forecast, by Offering (2020-2032)

14.3.10.3. Market Revenue and Forecast, by Type (2020-2032)

14.3.10.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.3.10.5. Market Revenue and Forecast, by End-user (2020-2032)

14.3.10.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.3.10.7. Market Revenue and Forecast, by Component (2020-2032)

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Module (2020-2032)

14.3.11.2. Market Revenue and Forecast, by Offering (2020-2032)

14.3.11.3. Market Revenue and Forecast, by Type (2020-2032)

14.3.11.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.3.11.5. Market Revenue and Forecast, by End-user (2020-2032)

14.3.11.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.3.11.7. Market Revenue and Forecast, by Component (2020-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Module (2020-2032)

14.4.2. Market Revenue and Forecast, by Offering (2020-2032)

14.4.3. Market Revenue and Forecast, by Type (2020-2032)

14.4.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.4.5. Market Revenue and Forecast, by End-user (2020-2032)

14.4.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.4.7. Market Revenue and Forecast, by Component (2020-2032)

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Module (2020-2032)

14.4.8.2. Market Revenue and Forecast, by Offering (2020-2032)

14.4.8.3. Market Revenue and Forecast, by Type (2020-2032)

14.4.8.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.4.8.5. Market Revenue and Forecast, by End-user (2020-2032)

14.4.8.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.4.8.7. Market Revenue and Forecast, by Component (2020-2032)

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Module (2020-2032)

14.4.9.2. Market Revenue and Forecast, by Offering (2020-2032)

14.4.9.3. Market Revenue and Forecast, by Type (2020-2032)

14.4.9.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.4.9.5. Market Revenue and Forecast, by End-user (2020-2032)

14.4.9.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.4.9.7. Market Revenue and Forecast, by Component (2020-2032)

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Module (2020-2032)

14.4.10.2. Market Revenue and Forecast, by Offering (2020-2032)

14.4.10.3. Market Revenue and Forecast, by Type (2020-2032)

14.4.10.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.4.10.5. Market Revenue and Forecast, by End-user (2020-2032)

14.4.10.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.4.10.7. Market Revenue and Forecast, by Component (2020-2032)

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Module (2020-2032)

14.4.11.2. Market Revenue and Forecast, by Offering (2020-2032)

14.4.11.3. Market Revenue and Forecast, by Type (2020-2032)

14.4.11.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.4.11.5. Market Revenue and Forecast, by End-user (2020-2032)

14.4.11.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.4.11.7. Market Revenue and Forecast, by Component (2020-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Module (2020-2032)

14.5.2. Market Revenue and Forecast, by Offering (2020-2032)

14.5.3. Market Revenue and Forecast, by Type (2020-2032)

14.5.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.5.5. Market Revenue and Forecast, by End-user (2020-2032)

14.5.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.5.7. Market Revenue and Forecast, by Component (2020-2032)

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Module (2020-2032)

14.5.8.2. Market Revenue and Forecast, by Offering (2020-2032)

14.5.8.3. Market Revenue and Forecast, by Type (2020-2032)

14.5.8.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.5.8.5. Market Revenue and Forecast, by End-user (2020-2032)

14.5.8.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.5.8.7. Market Revenue and Forecast, by Component (2020-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Module (2020-2032)

14.5.9.2. Market Revenue and Forecast, by Offering (2020-2032)

14.5.9.3. Market Revenue and Forecast, by Type (2020-2032)

14.5.9.4. Market Revenue and Forecast, by Installation Type (2020-2032)

14.5.9.5. Market Revenue and Forecast, by End-user (2020-2032)

14.5.9.6. Market Revenue and Forecast, by Communication Channel (2020-2032)

14.5.9.7. Market Revenue and Forecast, by Component (2020-2032)

Chapter 15. Company Profiles

15.1. Cisco Systems, Inc.

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Eaton Corporation plc

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. General Electric

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Hitachi ABB

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Ingeteam

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Itron Inc.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Mitsubishi Electric Corporation

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. NovaTech, LLC.

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Schneider Electric SE

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Schweitzer Engineering Laboratories, Inc.

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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