Digital Substation Market Report: Trends, Forecast and Competitive Analysis
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The future of the digital substation market looks promising with opportunities in the utility, heavy industry, transportation, and other industries. The global digital substation market is expected to grow with a CAGR of 5% to 7% from 2021 to 2026. The major drivers for this market are growing infrastructure development in smart cities, increasing power demand with limited space availability, and rising demand for renewable energy projects.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of digital substation market report download the report brochure.
The study includes trends and forecasts for the global digital substation market by type, module, voltage, installation type, end use industry, and region as follows:
By Module [$M shipment analysis for 2015 – 2026]:
Utilities will remain the largest end use industry during the forecast period, as it is responsible for the generation, transmission, and distribution of electricity.
Asia Pacific will remain the largest region during the forecast period due to increasing electricity consumption and rural electrification. The modernization of industrial infrastructure in APAC is expected to be high in the future also.
Some of the digital substation companies profiled in this report include ABB, General Electric Company, Siemens A, Eaton Corporation Inc., Schneider Electric SE, Honeywell International Inc, and Cisco System.
Features of Digital Substation Market
Q.1 What are some of the most promising potential, high-growth opportunities for the global digital substation market by module (hardware, fiber-optic communication networks, and SCADA systems), type (transmission substation, and distribution substation), installation type (new Installations and retrofit Installations), voltage (up to 220kV, 220-500kV, Above 500kV), end use industry (utility, heavy industries, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the digital substation market?
Q.5 What are the business risks and threats to the digital substation market?
Q.6 What are the emerging trends in the digital substation market and the reasons behind them?
Q.7 What are some changing demands of customers in the digital substation market?
Q.8 What are the new developments in the digital substation market? Which companies are leading these developments?
Q.9 Who are the major players in the digital substation market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the digital substation market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the digital substation market?
The future of the digital substation market looks promising with opportunities in the utility, heavy industry, transportation, and other industries. The global digital substation market is expected to grow with a CAGR of 5% to 7% from 2021 to 2026. The major drivers for this market are growing infrastructure development in smart cities, increasing power demand with limited space availability, and rising demand for renewable energy projects.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of digital substation market report download the report brochure.
The study includes trends and forecasts for the global digital substation market by type, module, voltage, installation type, end use industry, and region as follows:
By Module [$M shipment analysis for 2015 – 2026]:
- Hardware
- Fiber-Optic Communication Networks
- SCADA Systems
- Transmission Substation
- Distribution Substation
- New Installations
- Retrofit Installations
- Up to 220kV
- 220-500kV
- Above 500kV
- Utilities
- Heavy Industries
- Transportation
- Others
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Utilities will remain the largest end use industry during the forecast period, as it is responsible for the generation, transmission, and distribution of electricity.
Asia Pacific will remain the largest region during the forecast period due to increasing electricity consumption and rural electrification. The modernization of industrial infrastructure in APAC is expected to be high in the future also.
Some of the digital substation companies profiled in this report include ABB, General Electric Company, Siemens A, Eaton Corporation Inc., Schneider Electric SE, Honeywell International Inc, and Cisco System.
Features of Digital Substation Market
- Market Size Estimates: Digital Substation market size estimation in terms of value ($M)
- Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
- Segmentation Analysis: Market size by type, module, voltage, installation type, and end use industry
- Regional Analysis: Digital Substation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different type, module, voltage, installation type, end use industry, and regions for digital substation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the digital substation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q.1 What are some of the most promising potential, high-growth opportunities for the global digital substation market by module (hardware, fiber-optic communication networks, and SCADA systems), type (transmission substation, and distribution substation), installation type (new Installations and retrofit Installations), voltage (up to 220kV, 220-500kV, Above 500kV), end use industry (utility, heavy industries, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the digital substation market?
Q.5 What are the business risks and threats to the digital substation market?
Q.6 What are the emerging trends in the digital substation market and the reasons behind them?
Q.7 What are some changing demands of customers in the digital substation market?
Q.8 What are the new developments in the digital substation market? Which companies are leading these developments?
Q.9 Who are the major players in the digital substation market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the digital substation market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the digital substation market?
Executive Summary
Market Background and Classifications
Introduction, Background, and Classifications
Supply Chain
Industry Drivers and Challenges
Market Trends and Forecast Analysis from 2015 t 2026
Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
Global Digital Substation Market Trends (2015-2020) and Forecast (2021-2026)
Global Digital Substation Market by Module
Hardware
Fiber-optic Communication Networks
SCADA Systems
Global Digital Substation Market by Type
Transmission Substation
Distribution Substation
Global Digital Substation Market by Installation Type
New Installations
Retrofit Installations
Global Digital Substation Market by Voltage
Up t 220kV
220-500kV
Above 500kV
Global Digital Substation Market by End Use Industry
Utility
Heavy Industries
Transportation
Others
Market Trends and Forecast Analysis by Region from 2015 t 2026
Global Digital Substation Market by Region
North American Digital Substation Market
Market by Type
Market by End Use Industry
The US Digital Substation Market
The Canadian Digital Substation Market
The Mexican Digital Substation Market
European Digital Substation Market
Market by Type
Market by End Use Industry
German Digital Substation Market
United Kingdom Digital Substation Market
French Digital Substation Market
Italian Digital Substation Market
APAC Digital Substation Market
Market by Type
Market by End Use Industry
Chinese Digital Substation Market
Japanese Digital Substation Market
Indian Digital Substation Market
South Korean Digital Substation Market
ROW Digital Substation Market
Market by Type
Market by End Use Industry
Competitor Analysis
Product Portfoli Analysis
Geographical Reach
Porter’s Five Forces Analysis
Growth Opportunities and Strategic Analysis
Growth Opportunity Analysis
Growth Opportunities for the Global Digital Substation Market by Module
Growth Opportunities for the Global Digital Substation Market by Type
Growth Opportunities for the Global Digital Substation Market by Region
Emerging Trends in the Global Digital Substation Market
Strategic Analysis
New Product Development
Capacity Expansion of the Global Digital Substation Market
Technology Development
Mergers and Acquisitions in the Global Digital Substation Industry
Company Profiles of Leading Players
ABB
General Electric Company
Siemens A
Eaton Corporation Inc.
Schneider Electric SE
Honeywell International Inc
Cisc System
Market Background and Classifications
Introduction, Background, and Classifications
Supply Chain
Industry Drivers and Challenges
Market Trends and Forecast Analysis from 2015 t 2026
Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
Global Digital Substation Market Trends (2015-2020) and Forecast (2021-2026)
Global Digital Substation Market by Module
Hardware
Fiber-optic Communication Networks
SCADA Systems
Global Digital Substation Market by Type
Transmission Substation
Distribution Substation
Global Digital Substation Market by Installation Type
New Installations
Retrofit Installations
Global Digital Substation Market by Voltage
Up t 220kV
220-500kV
Above 500kV
Global Digital Substation Market by End Use Industry
Utility
Heavy Industries
Transportation
Others
Market Trends and Forecast Analysis by Region from 2015 t 2026
Global Digital Substation Market by Region
North American Digital Substation Market
Market by Type
Market by End Use Industry
The US Digital Substation Market
The Canadian Digital Substation Market
The Mexican Digital Substation Market
European Digital Substation Market
Market by Type
Market by End Use Industry
German Digital Substation Market
United Kingdom Digital Substation Market
French Digital Substation Market
Italian Digital Substation Market
APAC Digital Substation Market
Market by Type
Market by End Use Industry
Chinese Digital Substation Market
Japanese Digital Substation Market
Indian Digital Substation Market
South Korean Digital Substation Market
ROW Digital Substation Market
Market by Type
Market by End Use Industry
Competitor Analysis
Product Portfoli Analysis
Geographical Reach
Porter’s Five Forces Analysis
Growth Opportunities and Strategic Analysis
Growth Opportunity Analysis
Growth Opportunities for the Global Digital Substation Market by Module
Growth Opportunities for the Global Digital Substation Market by Type
Growth Opportunities for the Global Digital Substation Market by Region
Emerging Trends in the Global Digital Substation Market
Strategic Analysis
New Product Development
Capacity Expansion of the Global Digital Substation Market
Technology Development
Mergers and Acquisitions in the Global Digital Substation Industry
Company Profiles of Leading Players
ABB
General Electric Company
Siemens A
Eaton Corporation Inc.
Schneider Electric SE
Honeywell International Inc
Cisc System
