Report overview
A substation automation system is a collection of hardware and software components that are used to monitor and control an electrical system, both locally and remotely. A substation automation system also automates some repetitive, tedious and error-prone activities to increase the overall efficiency and productivity of the system. In this report, it includes all the components and services providers for the Substation Automation.
This report aims to provide a comprehensive presentation of the global market for Substation Automation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Substation Automation. This report contains market size and forecasts of Substation Automation in global, including the following market information:
Global Substation Automation Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Substation Automation market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia core substation automation manufacturers include Siemens, Hitachi Energy and NARI Technology etc. The top 10 companies hold a share about 34%. China is the largest market in Asia, with a share about 53%, followed by Japan with a share about 14%.
In terms of product, hardware is the largest segment with a share about 70%. And in terms of application, the largest application is utilities with a share about 51%.
We surveyed the Substation Automation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Substation Automation Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Substation Automation Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Services
Global Substation Automation Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Substation Automation Market Segment Percentages, by Application, 2022 (%)
Utilities
Metal & Mining
Oil and Gas
Transportation
Others
Global Substation Automation Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Substation Automation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Substation Automation revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Substation Automation revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Energy
Siemens
GE Grid Solutions
Schneider Electric
Eaton
Toshiba
Ingeteam
Honeywell
ABB
NARI Technology
Cisco
Arteche
TAKAOKA TOKO
CG Power (Murugappa Group)
Power Automation
Schweitzer Engineering Laboratories
NovaTech Automation
Trilliant
Beijing Sifang Automation
CYG SUNRI
LS ELECTRIC
TBEA
TeslaTech
Ashida Electronics
Integrated Electronic Systems
Guodian Nanjing Automation
Dongfang Electronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Substation Automation, market overview.
Chapter 2: Global Substation Automation market size in revenue.
Chapter 3: Detailed analysis of Substation Automation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Substation Automation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
