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Global Digital Substation Market Research Report 2024(Status and Outlook)

May 2024 | 105 pages | ID: G60072BDC8CAEN
Bosson Research

US$ 3,200.00

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Report Overview:

Digital substations can boost the flexibility and responsiveness of transmission and distribution grids by capturing and using accurate, real-time data to control grid stability and react quickly to changing grid conditions.

The Global Digital Substation Market Size was estimated at USD 2008.44 million in 2023 and is projected to reach USD 2800.97 million by 2029, exhibiting a CAGR of 5.70% during the forecast period.

This report provides a deep insight into the global Digital Substation market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Digital Substation Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Digital Substation market in any manner.

Global Digital Substation Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ABB

General Electric

Siemens

Schneider Electric

Market Segmentation (by Type)

Up to 110 kV

110 to 330 kV

Above 330 kV

Market Segmentation (by Application)

Power Utility

Industrial

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Digital Substation Market
  • Overview of the regional outlook of the Digital Substation Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Digital Substation Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.
1 RESEARCH METHODOLOGY AND STATISTICAL SCOPE

1.1 Market Definition and Statistical Scope of Digital Substation
1.2 Key Market Segments
  1.2.1 Digital Substation Segment by Type
  1.2.2 Digital Substation Segment by Application
1.3 Methodology & Sources of Information
  1.3.1 Research Methodology
  1.3.2 Research Process
  1.3.3 Market Breakdown and Data Triangulation
  1.3.4 Base Year
  1.3.5 Report Assumptions & Caveats

2 DIGITAL SUBSTATION MARKET OVERVIEW

2.1 Global Market Overview
  2.1.1 Global Digital Substation Market Size (M USD) Estimates and Forecasts (2019-2030)
  2.1.2 Global Digital Substation Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region

3 DIGITAL SUBSTATION MARKET COMPETITIVE LANDSCAPE

3.1 Global Digital Substation Sales by Manufacturers (2019-2024)
3.2 Global Digital Substation Revenue Market Share by Manufacturers (2019-2024)
3.3 Digital Substation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Digital Substation Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Digital Substation Sales Sites, Area Served, Product Type
3.6 Digital Substation Market Competitive Situation and Trends
  3.6.1 Digital Substation Market Concentration Rate
  3.6.2 Global 5 and 10 Largest Digital Substation Players Market Share by Revenue
  3.6.3 Mergers & Acquisitions, Expansion

4 DIGITAL SUBSTATION INDUSTRY CHAIN ANALYSIS

4.1 Digital Substation Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis

5 THE DEVELOPMENT AND DYNAMICS OF DIGITAL SUBSTATION MARKET

5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
  5.5.1 New Product Developments
  5.5.2 Mergers & Acquisitions
  5.5.3 Expansions
  5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies

6 DIGITAL SUBSTATION MARKET SEGMENTATION BY TYPE

6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Digital Substation Sales Market Share by Type (2019-2024)
6.3 Global Digital Substation Market Size Market Share by Type (2019-2024)
6.4 Global Digital Substation Price by Type (2019-2024)

7 DIGITAL SUBSTATION MARKET SEGMENTATION BY APPLICATION

7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Digital Substation Market Sales by Application (2019-2024)
7.3 Global Digital Substation Market Size (M USD) by Application (2019-2024)
7.4 Global Digital Substation Sales Growth Rate by Application (2019-2024)

8 DIGITAL SUBSTATION MARKET SEGMENTATION BY REGION

8.1 Global Digital Substation Sales by Region
  8.1.1 Global Digital Substation Sales by Region
  8.1.2 Global Digital Substation Sales Market Share by Region
8.2 North America
  8.2.1 North America Digital Substation Sales by Country
  8.2.2 U.S.
  8.2.3 Canada
  8.2.4 Mexico
8.3 Europe
  8.3.1 Europe Digital Substation Sales by Country
  8.3.2 Germany
  8.3.3 France
  8.3.4 U.K.
  8.3.5 Italy
  8.3.6 Russia
8.4 Asia Pacific
  8.4.1 Asia Pacific Digital Substation Sales by Region
  8.4.2 China
  8.4.3 Japan
  8.4.4 South Korea
  8.4.5 India
  8.4.6 Southeast Asia
8.5 South America
  8.5.1 South America Digital Substation Sales by Country
  8.5.2 Brazil
  8.5.3 Argentina
  8.5.4 Columbia
8.6 Middle East and Africa
  8.6.1 Middle East and Africa Digital Substation Sales by Region
  8.6.2 Saudi Arabia
  8.6.3 UAE
  8.6.4 Egypt
  8.6.5 Nigeria
  8.6.6 South Africa

9 KEY COMPANIES PROFILE

9.1 ABB
  9.1.1 ABB Digital Substation Basic Information
  9.1.2 ABB Digital Substation Product Overview
  9.1.3 ABB Digital Substation Product Market Performance
  9.1.4 ABB Business Overview
  9.1.5 ABB Digital Substation SWOT Analysis
  9.1.6 ABB Recent Developments
9.2 General Electric
  9.2.1 General Electric Digital Substation Basic Information
  9.2.2 General Electric Digital Substation Product Overview
  9.2.3 General Electric Digital Substation Product Market Performance
  9.2.4 General Electric Business Overview
  9.2.5 General Electric Digital Substation SWOT Analysis
  9.2.6 General Electric Recent Developments
9.3 Siemens
  9.3.1 Siemens Digital Substation Basic Information
  9.3.2 Siemens Digital Substation Product Overview
  9.3.3 Siemens Digital Substation Product Market Performance
  9.3.4 Siemens Digital Substation SWOT Analysis
  9.3.5 Siemens Business Overview
  9.3.6 Siemens Recent Developments
9.4 Schneider Electric
  9.4.1 Schneider Electric Digital Substation Basic Information
  9.4.2 Schneider Electric Digital Substation Product Overview
  9.4.3 Schneider Electric Digital Substation Product Market Performance
  9.4.4 Schneider Electric Business Overview
  9.4.5 Schneider Electric Recent Developments

10 DIGITAL SUBSTATION MARKET FORECAST BY REGION

10.1 Global Digital Substation Market Size Forecast
10.2 Global Digital Substation Market Forecast by Region
  10.2.1 North America Market Size Forecast by Country
  10.2.2 Europe Digital Substation Market Size Forecast by Country
  10.2.3 Asia Pacific Digital Substation Market Size Forecast by Region
  10.2.4 South America Digital Substation Market Size Forecast by Country
  10.2.5 Middle East and Africa Forecasted Consumption of Digital Substation by Country

11 FORECAST MARKET BY TYPE AND BY APPLICATION (2025-2030)

11.1 Global Digital Substation Market Forecast by Type (2025-2030)
  11.1.1 Global Forecasted Sales of Digital Substation by Type (2025-2030)
  11.1.2 Global Digital Substation Market Size Forecast by Type (2025-2030)
  11.1.3 Global Forecasted Price of Digital Substation by Type (2025-2030)
11.2 Global Digital Substation Market Forecast by Application (2025-2030)
  11.2.1 Global Digital Substation Sales (K Units) Forecast by Application
  11.2.2 Global Digital Substation Market Size (M USD) Forecast by Application (2025-2030)

12 CONCLUSION AND KEY FINDINGS

LIST OF TABLES

Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Digital Substation Market Size Comparison by Region (M USD)
Table 5. Global Digital Substation Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Digital Substation Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Digital Substation Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Digital Substation Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Digital Substation as of 2022)
Table 10. Global Market Digital Substation Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Digital Substation Sales Sites and Area Served
Table 12. Manufacturers Digital Substation Product Type
Table 13. Global Digital Substation Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Digital Substation
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Digital Substation Market Challenges
Table 22. Global Digital Substation Sales by Type (K Units)
Table 23. Global Digital Substation Market Size by Type (M USD)
Table 24. Global Digital Substation Sales (K Units) by Type (2019-2024)
Table 25. Global Digital Substation Sales Market Share by Type (2019-2024)
Table 26. Global Digital Substation Market Size (M USD) by Type (2019-2024)
Table 27. Global Digital Substation Market Size Share by Type (2019-2024)
Table 28. Global Digital Substation Price (USD/Unit) by Type (2019-2024)
Table 29. Global Digital Substation Sales (K Units) by Application
Table 30. Global Digital Substation Market Size by Application
Table 31. Global Digital Substation Sales by Application (2019-2024) & (K Units)
Table 32. Global Digital Substation Sales Market Share by Application (2019-2024)
Table 33. Global Digital Substation Sales by Application (2019-2024) & (M USD)
Table 34. Global Digital Substation Market Share by Application (2019-2024)
Table 35. Global Digital Substation Sales Growth Rate by Application (2019-2024)
Table 36. Global Digital Substation Sales by Region (2019-2024) & (K Units)
Table 37. Global Digital Substation Sales Market Share by Region (2019-2024)
Table 38. North America Digital Substation Sales by Country (2019-2024) & (K Units)
Table 39. Europe Digital Substation Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Digital Substation Sales by Region (2019-2024) & (K Units)
Table 41. South America Digital Substation Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Digital Substation Sales by Region (2019-2024) & (K Units)
Table 43. ABB Digital Substation Basic Information
Table 44. ABB Digital Substation Product Overview
Table 45. ABB Digital Substation Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. ABB Business Overview
Table 47. ABB Digital Substation SWOT Analysis
Table 48. ABB Recent Developments
Table 49. General Electric Digital Substation Basic Information
Table 50. General Electric Digital Substation Product Overview
Table 51. General Electric Digital Substation Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. General Electric Business Overview
Table 53. General Electric Digital Substation SWOT Analysis
Table 54. General Electric Recent Developments
Table 55. Siemens Digital Substation Basic Information
Table 56. Siemens Digital Substation Product Overview
Table 57. Siemens Digital Substation Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. Siemens Digital Substation SWOT Analysis
Table 59. Siemens Business Overview
Table 60. Siemens Recent Developments
Table 61. Schneider Electric Digital Substation Basic Information
Table 62. Schneider Electric Digital Substation Product Overview
Table 63. Schneider Electric Digital Substation Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. Schneider Electric Business Overview
Table 65. Schneider Electric Recent Developments
Table 66. Global Digital Substation Sales Forecast by Region (2025-2030) & (K Units)
Table 67. Global Digital Substation Market Size Forecast by Region (2025-2030) & (M USD)
Table 68. North America Digital Substation Sales Forecast by Country (2025-2030) & (K Units)
Table 69. North America Digital Substation Market Size Forecast by Country (2025-2030) & (M USD)
Table 70. Europe Digital Substation Sales Forecast by Country (2025-2030) & (K Units)
Table 71. Europe Digital Substation Market Size Forecast by Country (2025-2030) & (M USD)
Table 72. Asia Pacific Digital Substation Sales Forecast by Region (2025-2030) & (K Units)
Table 73. Asia Pacific Digital Substation Market Size Forecast by Region (2025-2030) & (M USD)
Table 74. South America Digital Substation Sales Forecast by Country (2025-2030) & (K Units)
Table 75. South America Digital Substation Market Size Forecast by Country (2025-2030) & (M USD)
Table 76. Middle East and Africa Digital Substation Consumption Forecast by Country (2025-2030) & (Units)
Table 77. Middle East and Africa Digital Substation Market Size Forecast by Country (2025-2030) & (M USD)
Table 78. Global Digital Substation Sales Forecast by Type (2025-2030) & (K Units)
Table 79. Global Digital Substation Market Size Forecast by Type (2025-2030) & (M USD)
Table 80. Global Digital Substation Price Forecast by Type (2025-2030) & (USD/Unit)
Table 81. Global Digital Substation Sales (K Units) Forecast by Application (2025-2030)
Table 82. Global Digital Substation Market Size Forecast by Application (2025-2030) & (M USD)

LIST OF FIGURES

Figure 1. Product Picture of Digital Substation
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Digital Substation Market Size (M USD), 2019-2030
Figure 5. Global Digital Substation Market Size (M USD) (2019-2030)
Figure 6. Global Digital Substation Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Digital Substation Market Size by Country (M USD)
Figure 11. Digital Substation Sales Share by Manufacturers in 2023
Figure 12. Global Digital Substation Revenue Share by Manufacturers in 2023
Figure 13. Digital Substation Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Digital Substation Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Digital Substation Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Digital Substation Market Share by Type
Figure 18. Sales Market Share of Digital Substation by Type (2019-2024)
Figure 19. Sales Market Share of Digital Substation by Type in 2023
Figure 20. Market Size Share of Digital Substation by Type (2019-2024)
Figure 21. Market Size Market Share of Digital Substation by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Digital Substation Market Share by Application
Figure 24. Global Digital Substation Sales Market Share by Application (2019-2024)
Figure 25. Global Digital Substation Sales Market Share by Application in 2023
Figure 26. Global Digital Substation Market Share by Application (2019-2024)
Figure 27. Global Digital Substation Market Share by Application in 2023
Figure 28. Global Digital Substation Sales Growth Rate by Application (2019-2024)
Figure 29. Global Digital Substation Sales Market Share by Region (2019-2024)
Figure 30. North America Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Digital Substation Sales Market Share by Country in 2023
Figure 32. U.S. Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Digital Substation Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Digital Substation Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Digital Substation Sales Market Share by Country in 2023
Figure 37. Germany Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Digital Substation Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Digital Substation Sales Market Share by Region in 2023
Figure 44. China Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Digital Substation Sales and Growth Rate (K Units)
Figure 50. South America Digital Substation Sales Market Share by Country in 2023
Figure 51. Brazil Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Digital Substation Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Digital Substation Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Digital Substation Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Digital Substation Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Digital Substation Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Digital Substation Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Digital Substation Market Share Forecast by Type (2025-2030)
Figure 65. Global Digital Substation Sales Forecast by Application (2025-2030)
Figure 66. Global Digital Substation Market Share Forecast by Application (2025-2030)


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