Electric Power Substation Automation Global Market Report 2024

Global Electric Power Substation Automation Market Report 2024

Electric Power Substation Automation Global Market Report 2024 – By Offering (Software, Hardware, Services), By Module (Intelligent Electronic Devices (IEDs), Supervisory Control And Data Acquisition (SCADA), Communication Network, Other Modules), By Automation Stage (Retrofit, New Installation), By Application (Transmission Substation, Distribution Substation), By End-Use (Utilities, Industry) – Market Size, Trends, And Global Forecast 2024-2033

Name: Electric Power Substation Automation Global Market Report 2024
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Electric Power Substation Automation Global Market Report 2024

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Electric Power Substation Automation Global Market Report 2024

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Electric Power Substation Automation Market Definition

Electric power substation automation refers to the integration of control, monitoring, and communication technologies within power substations to enhance operational efficiency, reliability, and safety of electrical power systems. It involves the implementation of modern protection and control systems using advanced communication technology and protocols to provide cost-effective solutions.

The main offerings in electric power substation automation are software, hardware, and services. Software refers to the set of instructions, programs, and data that enable a computer to perform specific tasks, such as controlling and monitoring the various components of a substation, including switches, transformers, and relays. The module category is divided into types such as intelligent electronic devices (IEDs), supervisory control and data acquisition (SCADA), communication networks, and others with automation stages including retrofit and new installation. The application segments are categorized into transmission substations and distribution substations for end users such as utilities and industry.

Electric Power Substation Automation Market Segmentation

The electric power substation automation market covered in this report is segmented –

1) By Offering: Software, Hardware, Services

2) By Module: Intelligent Electronic Devices (IEDs), Supervisory Control And Data Acquisition (SCADA), Communication Network, Other Modules

3) By Automation Stage: Retrofit, New Installation

4) By Application: Transmission Substation, Distribution Substation

5) By End-Use: Utilities, Industry

Global Electric Power Substation Automation Market Size 2023 to 2028: Graph

Electric Power Substation Automation Market Size 2024 And Growth Rate

The electric power substation automation market size has grown strongly in recent years. It will grow from $22.23 billion in 2023 to $23.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to demand for energy efficiency, rising demand for electricity, focus on grid resilience, enhanced grid security, increased renewable energy integration.

Electric Power Substation Automation Market Growth Forecast

The electric power substation automation market size is expected to see strong growth in the next few years. It will grow to $30.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing smart grid initiatives, digitalization and Industry 4.0, integration of distributed energy resources (DERs), focus on grid modernization, rapid urbanization and electrification. Major trends in the forecast period include technological innovation, increased adoption of AI and machine learning, growth of IoT-enabled devices, integration of blockchain technology, adoption of cloud-based solutions.

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Electric Power Substation Automation Market Driver: Rising Energy Demand Propels Growth In Electric Power Substation Automation Market

The increasing energy demand is expected to propel the growth of the electric power substation automation market going forward. Energy demand refers to the amount of energy required by consumers, industries, and other sectors. Energy demand is rising due to population growth, urbanization, and global industrialization. Electric power substation automation efficiently manage and optimize power distribution, enhancing grid reliability, minimizing downtime, and reducing operational costs. This capability enables quick response to issues, reducing downtime and enhancing the reliability of the power supply. For instance, in June 2023, according to a report published by the Energy Institute (EI), a UK-based professional membership body for the energy sector, global electricity generation increased by 2.3% in 2022. Furthermore, primary energy consumption in non-OECD countries saw a significant increase of 20.5 EJ compared to pre-COVID levels, with China alone contributing 14.6 EJ, representing 72% of the total rise. Therefore, the increasing energy demand is driving the growth of the electric power substation automation market.

Global Electric Power Substation Automation Market Major Players

Major companies operating in the electric power substation automation market are Hitachi Ltd., Siemens AG, General Electric Company, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Larsen & Toubro Limited, Eaton Corporation plc, Trilliant Inc., Alstom SA, Rockwell Automation Inc., Yokogawa Electric Corporation, Belden Inc., WAGO Kontakttechnik GmbH & Co. KG, Itron Inc., Landis+Gyr, Schweitzer Engineering Laboratories Inc., Ingeteam S.A., TenneT Company, S&C Electric Company, Giza Systems, Axiomtek Co. Ltd., Efacec Engenharia e Sistemas S.A., Mitsubishi Electric Corporation, NovaTech LLC, Amperion Inc., Encore Networks Inc., Beckwith Electric Co. Inc., IEC Infrared Systems

Global Electric Power Substation Automation Market Trend: Key Players Innovative Digital Solutions For Efficient Power Distribution

Major companies operating in the electric power substation automation market are developing advanced solutions, such as digital substations solution to ensure efficient and reliable power distribution. This solution involves the integration of digital communication, intelligent electronic devices (IEDs), sensors, and advanced software for real-time data exchange and decision-making within the substation infrastructure. For instance, in January 2024, Hitachi Energy, a Switzerland-based energy industry company, launched the SAM600 3.0, a cutting-edge product for digital substations. The SAM600 integrates conventional instrument transformers into modern, IEC 61850-9-2 process bus substation automation, protection, and control systems, enabling safe, efficient, and extendible retrofit of any substation. This innovation allows for robust, fast, and responsive messaging over Ethernet, revolutionizing communications within the substation.

Electric Power Substation Automation Market Merger And Acquisition: Schneider Electric Bolsters Digital Innovation In Electrical Distribution With Acquisition Of Aurtra Pty. Ltd.

In March 2022, Schneider Electric SE, a France-based company that specializes in digital automation and energy management, acquired Aurtra Pty Ltd. for an undisclosed amount. The acquisition involves integrating Aurtra's advanced sensors and software to prevent transformer failures, optimize operating expenses, and extend transformer life, reinforcing Schneider Electric's position as a top digital service provider in the electrical distribution value chain. Aurtra Pty Ltd. is an Australia-based company offering solutions for electric power distribution networks and substations.

Regional Insights For The Global Electric Power Substation Automation Market

North America was the largest region in the electric power substation automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric power substation automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the electric power substation automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric power substation automation market consists of revenues earned by entities by providing services such as monitoring and control services, maintenance and support services, integration services, consulting and advisory services, and software development and customization services. The market value includes the value of related goods sold by the service provider or included within the service offering. The electric power substation automation market also includes sales of remote terminal units (RTUs), communication equipment, power quality analyzers, human-machine interface (HMI) devices, and control relays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The electric power substation automation research report is one of a series of new reports from The Business Research Company that provides electric power substation automation market statistics, including the electric power substation automation industry's global market size, regional shares, competitors with an Electric power substation automation market share, detailed electric power substation automation market segments, market trends and opportunities, and any further data you may need to thrive in the electric power substation automation industry. This electric power substation automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electric Power Substation Automation Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$23.87 billion
Revenue Forecast In 2033	$30.27 billion
Growth Rate	CAGR of 6.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Offering: Software, Hardware, Services 2) By Module: Intelligent Electronic Devices (IEDs), Supervisory Control And Data Acquisition (SCADA), Communication Network, Other Modules 3) By Automation Stage: Retrofit, New Installation 4) By Application: Transmission Substation, Distribution Substation 5) By End-Use: Utilities, Industry
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi Ltd.; Siemens AG; General Electric Company; Cisco Systems Inc.; Schneider Electric SE; Honeywell International Inc.; ABB Ltd.; Toshiba Corporation; Larsen & Toubro Limited; Eaton Corporation plc; Trilliant Inc.; Alstom SA; Rockwell Automation Inc.; Yokogawa Electric Corporation; Belden Inc.; WAGO Kontakttechnik GmbH & Co. KG; Itron Inc.; Landis+Gyr; Schweitzer Engineering Laboratories Inc.; Ingeteam S.A.; TenneT Company; S&C Electric Company; Giza Systems; Axiomtek Co. Ltd.; Efacec Engenharia e Sistemas S.A.; Mitsubishi Electric Corporation; NovaTech LLC; Amperion Inc.; Encore Networks Inc.; Beckwith Electric Co. Inc.; IEC Infrared Systems
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Electric Power Substation Automation Market Characteristics

3. Electric Power Substation Automation Market Trends And Strategies

4. Electric Power Substation Automation Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Electric Power Substation Automation Market Size and Growth

5.1. Global Electric Power Substation Automation Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Electric Power Substation Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Electric Power Substation Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Electric Power Substation Automation Market Segmentation

6.1. Global Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Software

Hardware

Services

6.2. Global Electric Power Substation Automation Market, Segmentation By Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Intelligent Electronic Devices (IEDs)

Supervisory Control And Data Acquisition (SCADA)

Communication Network

Other Modules

6.3. Global Electric Power Substation Automation Market, Segmentation By Automation Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Retrofit

New Installation

6.4. Global Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Transmission Substation

Distribution Substation

6.5. Global Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Utilities

Industry

7. Electric Power Substation Automation Market Regional And Country Analysis

7.1. Global Electric Power Substation Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Electric Power Substation Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Electric Power Substation Automation Market

8.1. Asia-Pacific Electric Power Substation Automation Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Electric Power Substation Automation Market

9.1. China Electric Power Substation Automation Market Overview

9.2. China Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Electric Power Substation Automation Market

10.1. India Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Electric Power Substation Automation Market

11.1. Japan Electric Power Substation Automation Market Overview

11.2. Japan Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Electric Power Substation Automation Market

12.1. Australia Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Electric Power Substation Automation Market

13.1. Indonesia Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Electric Power Substation Automation Market

14.1. South Korea Electric Power Substation Automation Market Overview

14.2. South Korea Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Electric Power Substation Automation Market

15.1. Western Europe Electric Power Substation Automation Market Overview

15.2. Western Europe Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Electric Power Substation Automation Market

16.1. UK Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Electric Power Substation Automation Market

17.1. Germany Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Electric Power Substation Automation Market

18.1. France Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Electric Power Substation Automation Market

19.1. Italy Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Electric Power Substation Automation Market

20.1. Spain Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Electric Power Substation Automation Market

21.1. Eastern Europe Electric Power Substation Automation Market Overview

21.2. Eastern Europe Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Electric Power Substation Automation Market

22.1. Russia Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Electric Power Substation Automation Market

23.1. North America Electric Power Substation Automation Market Overview

23.2. North America Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Electric Power Substation Automation Market

24.1. USA Electric Power Substation Automation Market Overview

24.2. USA Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Electric Power Substation Automation Market

25.1. Canada Electric Power Substation Automation Market Overview

25.2. Canada Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Electric Power Substation Automation Market

26.1. South America Electric Power Substation Automation Market Overview

26.2. South America Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Electric Power Substation Automation Market

27.1. Brazil Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Electric Power Substation Automation Market

28.1. Middle East Electric Power Substation Automation Market Overview

28.2. Middle East Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Electric Power Substation Automation Market

29.1. Africa Electric Power Substation Automation Market Overview

29.2. Africa Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Electric Power Substation Automation Market Competitive Landscape And Company Profiles

30.1. Electric Power Substation Automation Market Competitive Landscape

30.2. Electric Power Substation Automation Market Company Profiles

30.2.1. Hitachi Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. General Electric Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Cisco Systems Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Schneider Electric SE

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Electric Power Substation Automation Market Other Major And Innovative Companies

31.1. Honeywell International Inc.

31.2. ABB Ltd.

31.3. Toshiba Corporation

31.4. Larsen & Toubro Limited

31.5. Eaton Corporation plc

31.6. Trilliant Inc.

31.7. Alstom SA

31.8. Rockwell Automation Inc.

31.9. Yokogawa Electric Corporation

31.10. Belden Inc.

31.11. WAGO Kontakttechnik GmbH & Co. KG

31.12. Itron Inc.

31.13. Landis+Gyr

31.14. Schweitzer Engineering Laboratories Inc.

31.15. Ingeteam S.A.

32. Global Electric Power Substation Automation Market Competitive Benchmarking

33. Global Electric Power Substation Automation Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Electric Power Substation Automation Market

35. Electric Power Substation Automation Market Future Outlook and Potential Analysis

35.1 Electric Power Substation Automation Market In 2028 - Countries Offering Most New Opportunities

35.2 Electric Power Substation Automation Market In 2028 - Segments Offering Most New Opportunities

35.3 Electric Power Substation Automation Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Electric Power Substation Automation Market, Segmentation By Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Electric Power Substation Automation Market, Segmentation By Automation Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Electric Power Substation Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Electric Power Substation Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Hitachi Ltd. Financial Performance

Table 77: Siemens AG Financial Performance

Table 78: General Electric Company Financial Performance

Table 79: Cisco Systems Inc. Financial Performance

Table 80: Schneider Electric SE Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Electric Power Substation Automation Market, Segmentation By Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Electric Power Substation Automation Market, Segmentation By Automation Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Electric Power Substation Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Electric Power Substation Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Electric Power Substation Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Electric Power Substation Automation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Electric Power Substation Automation Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Hitachi Ltd. Financial Performance

Figure 77: Siemens AG Financial Performance

Figure 78: General Electric Company Financial Performance

Figure 79: Cisco Systems Inc. Financial Performance

Figure 80: Schneider Electric SE Financial Performance

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Frequently Asked Questions

What is the definition of the electric power substation automation market?

How will the electric power substation automation market drivers and restraints affect the electric power substation automation market dynamics? What forces will shape the electric power substation automation industry going forward?

The electric power substation automation market major growth driver - Rising Energy Demand Propels Growth In Electric Power Substation Automation Market. For further insights on the electric power substation automation market, request a sample here

What is the forecast market size or the forecast market value of the electric power substation automation market?

The electric power substation automation market size has grown strongly in recent years. It will grow from $22.23 billion in 2023 to $23.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to demand for energy efficiency, rising demand for electricity, focus on grid resilience, enhanced grid security, increased renewable energy integration. The electric power substation automation market size is expected to see strong growth in the next few years. It will grow to $30.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing smart grid initiatives, digitalization and Industry 4.0, integration of distributed energy resources (DERs), focus on grid modernization, rapid urbanization and electrification. Major trends in the forecast period include technological innovation, increased adoption of AI and machine learning, growth of IoT-enabled devices, integration of blockchain technology, adoption of cloud-based solutions. For further insights on the electric power substation automation market, request a sample here

How is the electric power substation automation market segmented?

The electric power substation automation market is segmented
1) By Offering: Software, Hardware, Services
2) By Module: Intelligent Electronic Devices (IEDs), Supervisory Control And Data Acquisition (SCADA), Communication Network, Other Modules
3) By Automation Stage: Retrofit, New Installation
4) By Application: Transmission Substation, Distribution Substation
5) By End-Use: Utilities, IndustryFor further insights on the electric power substation automation market, request a sample here

Which region has the largest share of the electric power substation automation market? What are the other regions covered in the report?

North America was the largest region in the electric power substation automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric power substation automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the electric power substation automation market, request a sample here.

Who are the major players in the electric power substation automation market?

What are the key trends in the electric power substation automation market?

Major trend in the electric power substation automation market - Key Players Innovative Digital Solutions For Efficient Power Distribution. For further insights on the electric power substation automation market, request a sample here.

What are the major opportunities in the electric power substation automation market? What are the strategies for the electric power substation automation market?

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How does the electric power substation automation market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the electric power substation automation industry?

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What are the key dynamics influencing the electric power substation automation market growth? SWOT analysis of the electric power substation automation market.

For detailed insights on the key dynamics influencing the electric power substation automation market growth and SWOT analysis of the electric power substation automation industry, request a sample here.