Global Substation Automation Market Growth 2023-2029

Global Substation Automation Market Growth 2023-2029

The demand of Substation Automation is increasing now.

LPI (LP Information)' newest research report, the “Substation Automation Industry Forecast” looks at past sales and reviews total world Substation Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Substation Automation sales for 2023 through 2029. With Substation Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Substation Automation industry.

This Insight Report provides a comprehensive analysis of the global Substation Automation 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 Substation Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Substation Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Substation Automation 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 Substation Automation.

The global Substation Automation market size is projected to grow from US$ 51350 million in 2022 to US$ 75680 million in 2029; it is expected to grow at a CAGR of 75680 from 2023 to 2029.

United States market for Substation Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Substation Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Substation Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Substation Automation players cover Schneider Electric, EATON, Ametek, Tropos, Encore and Grid, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Transmission substations
Distribution substations

Segmentation by application
Power Industry
Steel Industry
Mining Industry
Oil and gas Industry
Transportation Industry
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Schneider Electric
EATON
Ametek
Tropos
Encore
Grid

Key Questions Addressed in this Report

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

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

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

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

How does Substation Automation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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