The Business Research Company’s Digital Substation Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Digital Substation Global Market Report 2023 evaluates digital substation market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global digital substation market size grew from $6.84 billion in 2022 to $7.59 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digital substation market size is expected to grow to $11.65 billion in 2027 at a CAGR of 11.3%.
The digital substation market segments in the report are:
1) By Voltage Level: Low, Medium, High
2) By Type: Transmission, Distribution
3) By Module: Fiber Optics Communication Network, Supervisory Control And Data Acquisition, Hardware
4) By Industry Vertical: Power Generation, Metal & Mining, Oil & Gas, Transportation & Logistics, Defence & Aerospace, Process & Manufacturing, Other Industry Verticals
Top Major Players
ABB Group
NR Electric
Eaton Corporation Inc.
Schneider Electric
General Electric
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The table of contents in TBRC’s Digital Substation market report includes:
1. Executive Summary
2. Digital Substation Market Characteristics
3. Digital Substation Market Trends And Strategies
4. Digital Substation Market – Macro Economic Scenario
5. Digital Substation Market Size And Growth
…………
26. Africa Digital Substation Market
27. Digital Substation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Substation Market
29. Digital Substation Market Future Outlook and Potential Analysis
30. Appendix
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