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Report overview
The global Substation Automation and Integration market was valued at US$ 36470 million in 2022 and is projected to reach US$ 45630 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Substation automation is a new technical transformation. The application of this technology has made the realization of the automation system much easier and the performance is much better than the previous system.
This report aims to provide a comprehensive presentation of the global market for Substation Automation and Integration, 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 and Integration. This report contains market size and forecasts of Substation Automation and Integration in global, including the following market information:
The market growth can be attributed to the integration of functions with digital technology to improve grid efficiency in smart cities, among others.
We surveyed the Substation Automation and Integration 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 and Integration Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Substation Automation and Integration Market Segment Percentages, by Type, 2022 (%)
Global Substation Automation and Integration Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Substation Automation and Integration Market Segment Percentages, by Application, 2022 (%)
Global Substation Automation and Integration Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Substation Automation and Integration Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Substation Automation and Integration revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Substation Automation and Integration revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: