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Download Free sampleA 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 Substation Automation Market , it includes all the components and services providers for the Substation Automation.
Substation Automation Market contains market size and forecasts of Substation Automation in Global, including the following market information:
Global Substation Automation Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Substation Automation market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Substation Automation include Hitachi Energy, Siemens, GE Grid Solutions, Schneider Electric, Eaton, Toshiba, Ingeteam, Honeywell and ABB, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
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, 2017-2022, 2023-2028 ($ millions)
Global Substation Automation Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Services
Global Substation Automation Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Substation Automation Market Segment Percentages, by Application, 2021 (%)
Utilities
Metal & Mining
Oil and Gas
Transportation
Others
Global Substation Automation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Substation Automation Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (estimated), ($ millions)
Key companies Substation Automation revenues share in global market, 2021 (%)
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
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
