Global Digital Substation Market Growth 2025-2031

Global Digital Substation Market Growth 2025-2031

The global Digital Substation market size is predicted to grow from US$ 2061 million in 2025 to US$ 2910 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

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.

Europe occupied 32.69% of the sales market in 2017. It is followed by North America and China which respectively accounted for around 25.83% and 21.60% of the global total industry. Other countries have a smaller amount of sales. Geographically, Europe was the largest production market in the world, which took about 49.03% of the global sales volume in 2017. ABB, General Electric, Siemens and Schneider Electric are the top 4 players of Digital Substation, with about 86% market shares.

LP Information, Inc. (LPI) ' newest research report, the “Digital Substation Industry Forecast” looks at past sales and reviews total world Digital Substation sales in 2024, providing a comprehensive analysis by region and market sector of projected Digital Substation sales for 2025 through 2031. With Digital Substation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Substation industry.

This Insight Report provides a comprehensive analysis of the global Digital Substation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Substation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Substation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Substation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Substation.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Substation market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Up to 110 kV
110 to 330 kV
Above 330 kV

Segmentation by Application:
Power Utility
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
General Electric
Siemens
Schneider Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Substation market?

What factors are driving Digital Substation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Substation market opportunities vary by end market size?

How does Digital Substation break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.