Electric Power Substation Automation Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Electric Power Substation Automation Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

The global electric power substation automation market is expected to grow at a CAGR of around 6.6% during 2024-2033. This report on global electric power substation automation market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global electric power substation automation market by segmenting the market based on offering, type, component, communication and region. Also, detailed profiles of companies operating in the electric power substation automation market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Need to Upgrade the Existing Networks

Market Challenges

• High Installation Costs

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Offering

• Software
• Hardware
• Services

Market by Type

• Transmission
• Distribution

Market by Component

• Intelligent Electronic Devices (IEDs)
• Programmable logic controller (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Other Components

Market by Communication

• Wired
• Wireless

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa