The digital substation market is projected to grow at a CAGR of 7.1% from 2020 to 2025.
The digital substation market in the APAC is projected to grow at the highest CAGR during the forecast period. The modernization of industrial infrastructure in APAC is growing at a high rate for a few years, and the same trend is expected to continue in the future. The digital substation market in this region is expected to grow at the highest rate among all other regions due to rapid industrialization, modernization of grid infrastructure, and entry of many private companies in the power sector, increased spending by governments to boost the utility sector and the increasing number of power utilities. Digital substations provide cost-effective solutions, which help in meeting the rising demand for electricity in countries such as China, India, and Singapore.
The major restraints for the growth of the market are high initial set-up costs associated with digital substations and concerns regarding cyber-attacks.
The new installation segment projected to hold a larger share of the digital substation market during the forecast period.
The leading companies have introduced several new installation projects in the digital substation market to boost the power flow, enhance electric reliability and the quality of supply, and upgrade the power infrastructure. Substations embedded with intelligent electronic devices (IEDs) have been designed in such a way that they comply with the IEC 61850 standard; this would help in the efficient transmission and distribution of power across various verticals such as industrial, residential, and commercial.
Among industry, the utility segment to grow at the higest CAGR between 2020 and 2025.
The utility industry is one of the booming application areas pertaining to digital substations, owing to the high demand-supply gap in energy in most of the developing and developed nations. The market growth can be attributed to the increase in demand for renewable energy sources, such as wind, solar, and hydro, to meet the power demand from consumers. Digital substations have a large scope in the utility industry as these systems are used in transmitting and distributing power.
The Asia Pacific projected to hold the largest share of the digital substation market in 2025.
The Asia Pacific (APAC) is expected to continue to lead the digital substation market by capturing the largest market size throughout the forecast period. This is attributed to rapid industrialization, modernization of grid infrastructure, entry of many private companies in the power sector, increased spending by governments to boost the utility sector and the increasing number of power utilities in the region. Digital substations provide cost-effective solutions, which help in meeting the rising demand for electricity in countries such as China, India, and Singapore. Various companies and governments are establishing partnerships to increase the use of renewable sources to decrease the carbon footprint and meet the electricity demand in this region. The major players operating in APAC include NR Electric (China) and Larsen & Toubro (India).
Breakdown of profiles of primary participants:
- By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
- By Designation: C-level Executives = 35%, Directors = 30%, and Others = 35%
- By Region: North America = 40%, Europe = 25%, APAC = 20%, and RoW = 15%
Key players in the digital substation market include ABB (Switzerland), General Electric Company (US), Siemens AG (Germany), Eaton Corporation Inc. (Ireland), Schneider Electric SE (France), Honeywell International Inc. (US), Cisco System (US), NR Electric (China), Emerson Electric Co. (US), and Larsen & Toubro Limited (India).
Research Coverage:
This report segments the digital substation market based on module, type, installation type, voltage, and industry. The report gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW.
Reasons to Buy the Report:
- This report includes statistics pertaining to the digital substation market based on module, type, installation type, voltage, industry, and region, along with their respective market sizes
- Major drivers, restraints, opportunities, and challenges for the digital substation market have been provided in detail in this report
- The report includes illustrative segmentation, analysis, and forecast for the digital substation market based on its segments and subsegments
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 Digital Substation Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data from Primary Sources
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
Figure 2 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue Generated from Sale of Digital Substations
Figure 3 Market Size Estimation Methodology: Approach 2 (Supply Side): Revenue from Hardware/Software of Digital Substations
Figure 4 Market Size Estimation Methodology: Approach 3 (Demand Size) – Bottom-Up Approach for Estimation of Size of Digital Substation Market Based on Region
Figure 5 Market Size Estimation Methodology: Approach 4 (Demand Size) – Bottom-Up Approach for Estimation of Size of Digital Substation Market Based on Industry
2.2.1 Bottom-Up Approach
2.2.1.1 Approach Used to Arrive at Market Size Using Bottom-Up Analysis
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.2.1.2 Approach for Obtaining Company-Specific Information in Digital Substation Value Chain
2.2.2 Top-Down Approach
2.2.2.1 Approach Used to Arrive at Market Size Using Top-Down Analysis
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 8 Data Triangulation Methodology
2.4 Research Assumptions
3 Executive Summary
3.1 Digital Substation Market: Realistic Scenario (Post-COVID-19)
Figure 9 Digital Substation Market: Optimistic, Realistic, and Pessimistic Scenario Analysis (2017–2025)
3.2 Digital Substation Market: Optimistic Scenario (Post-COVID-19)
3.3 Digital Substation Market: Pessimistic Scenario (Post-COVID-19)
Figure 10 Hardware Segment to Account for Largest Size of Digital Substation Market from 2020 to 2025
Figure 11 Transmission Segment to Account for Larger Size of Digital Substation Hardware Market from 2020 to 2025
Figure 12 New Installation Type Segment Held Larger Share of Digital Substation Market in 2019
Figure 13 Utility Industry Segment Held Largest Share of Digital Substation Market in 2019
Figure 14 APAC Accounted for Largest Share of Digital Substation Market in 2019
4 Premium Insights
4.1 Attractive Growth Opportunities in Digital Substation Market
Figure 15 Increasing Investments in Smart Grid Infrastructure Driving Market Growth
4.2 Digital Substation Market for Utility, by Type
Figure 16 Non-Renewable to Account for Larger Share of Utility Segment in Digital Substation Market from 2020 to 2025
4.3 Digital Substation Market in APAC, by Industry and Country
Figure 17 Utility Segment and China Accounted for Largest Shares of Digital Substation Market in APAC in 2019
4.4 Digital Substation Market, by Voltage
Figure 18 200–500 Kv Segment to Grow at Highest CAGR in Digital Substation Market from 2020 to 2025
4.5 Digital Substation Market, by Region
Figure 19 Digital Substation Market in APAC to Grow at Highest CAGR from 2020 to 2025
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Market Dynamics: Overview
5.2.1 Drivers
5.2.1.1 Investments in Smart Cities and Smart Grid Infrastructure Development
5.2.1.2 Compactness and High Efficiency to Cater to Increasing Power Demand
5.2.1.3 Superior Benefits of Digital Substations Over Traditional Counterparts
5.2.1.4 Improved Safety and Effective Communication in Power Distribution and Transmission Processes
Figure 21 Drivers and their Impact on Digital Substation Market
5.2.2 Restraints
5.2.2.1 High Initial Set-Up Costs Associated with Digital Substations
Figure 22 Restraint and Its Impact on Digital Substation Market
5.2.3 Opportunities
5.2.3.1 Rising Demand for Renewable Energy Projects
5.2.3.2 Increasing Demand for Battery Technology to Generate Electricity
Figure 23 Opportunities and their Impact on Digital Substation Market
5.2.4 Challenges
5.2.4.1 Concerns Regarding Cyber Attacks
5.2.4.2 COVID-19 Negatively Impacted Renewable Energy Sector
Figure 24 Challenges and their Impact on Digital Substation Market
5.3 Value Chain Analysis
Figure 25 Value Chain Analysis: Digital Substation Market
5.3.1 Research, Design, and Development
5.3.2 Manufacturing
5.3.3 Transmission
5.3.4 Distribution
5.3.5 Post-Sales Services
6 Technology Overview
6.1 Introduction
6.2 Conventional VS Digital Substations
Table 1 Comparison Between Conventional and Digital Substations
6.3 Digital Substation Architecture
Figure 26 Digital Substation Architecture
6.3.1 Process Level
6.3.2 Bay Level
6.3.3 Station Control Level
6.4 Non-Conventional Instrument Transformers (Ncit)
6.4.1 Voltage Instrument Transformers
6.4.2 Current Instrument Transformers
6.5 Overview of International Standard Communication Protocols
6.5.1 Iec 61850
6.5.2 Iec 61850-8-1
6.5.3 Iec 61850-9-2
6.6 List of Completed & Ongoing Projects of Digital Substations from 2017 to 2020 64
Table 2 Digital Substation Projects in North America
Table 3 Digital Substation Projects in Europe
Table 4 Digital Substation Projects in APAC
Table 5 Digital Substation Projects in Row
7 Digital Substation Market, by Module
7.1 Introduction
Figure 27 Hardware Module Segment to Hold Largest Size of Digital Substation Market from 2020 to 2025
Table 6 Digital Substation Market, by Module, 2017–2025 (USD Million)
Figure 28 Pre-COVID-19 and Post-COVID-19 Analysis of Digital Substation Market for Hardware, 2020 –2025 (USD Million)
7.2 Hardware
Table 7 Digital Substation Market for Hardware, by Type, 2017–2025 (USD Million)
7.2.1 Transformers
7.2.1.1 Growing Transformer Requirements for Smooth Operations of Digital Substations
7.2.2 Busbars
7.2.2.1 Increasing Demand for Busbars to Connect Lines Operating at Same Voltage Levels
7.2.3 Protection Devices
7.2.3.1 Circuit Breakers
7.2.3.1.1 Rising Use of Circuit Breakers in Digital Substations to Prevent Damages Caused by Faulty Components
7.2.3.2 Protective Relays
7.2.3.2.1 Surging Demand for Protective Relays from Digital Substations for Fault Detection
7.2.3.3 Switchgears
7.2.3.3.1 Rising need for Switchgears to Ensure Reliable and Safe Power Operations in Digital Substations
7.2.4 Interfacing Units
7.2.4.1 Human-Machine Interfaces (Hmi)
7.2.4.1.1 Growing Demand for Dashboards with Multi-Touch Capabilities
7.2.4.2 Remote Terminal Units (Rtu)
7.2.4.2.1 Rising Adoption of Flexible and Scalable Hardware for Remote Monitoring of Digital Substations
7.2.4.3 Programmable Logic Controllers (Plcs)
7.2.4.3.1 Surging Demand for Programmable Logic Controllers to Communicate with Computer Systems in Digital Substations
7.2.5 Others
7.3 Fiber-Optic Communication Networks
7.3.1 Increasing Use of Fiber-Optic Cables in Digital Substations for Fast Communication
7.4 Scada Systems
7.4.1 Growing Use of Scada Systems to Monitor and Control Equipment of Digital Substations
7.5 Impact of COVID-19 on Modules of Digital Substations
8 Digital Substation Market, by Type
8.1 Introduction
Figure 29 Transmission Substation Segment of Digital Substation Market to Grow at High CAGR from 2020 to 2025
Table 8 Digital Substation Market, by Type, 2017–2025 (USD Billion)
Figure 30 Pre-COVID-19 and Post-COVID-19 Analysis of Transmission Digital Substation Market, 2020 –2025 (USD Million)
8.2 Transmission Substation
8.2.1 Transmission Substation Segment to Account for Large Size of Digital Substation Market from 2020 to 2025
Table 9 Transmission Digital Substation Market, by Region, 2017–2025 (USD Million)
8.3 Distribution Substation
8.3.1 Distribution Substations to Witness Increased Demand from APAC during Forecast Period
Table 10 Distribution Digital Substation Market, by Region, 2017–2025 (USD Million)
8.4 Impact of COVID-19 on Types of Digital Substations
9 Digital Substation Market, by Installation Type
9.1 Introduction
Figure 31 Market for New Substations Expected to Hold Larger Share from 2020 and 2025
Table 11 Digital Substation Market, by Installation Type, 2017–2025 (USD Billion)
9.2 New Installations
9.2.1 New Installations to Account for Larger Size of Digital Substation Market from 2020 to 2025
Table 12 Digital Substation Market for New Installations, by Region, 2017–2025 (USD Million)
9.3 Retrofit Installations
9.3.1 Increased need for Greater System & Personnel Safety Encourages Adoption of Retrofit Installations
Table 13 Digital Substation Market for Retrofit Installations, by Region, 2017–2025 (USD Million)
9.4 Impact of COVID-19 on Installation Types of Digital Substations
10 Digital Substation Market, by Voltage
10.1 Introduction
Figure 32 Market for Digital Substations with Voltage Range of 220–550 Kv is Expected to Grow at Highest CAGR during Forecast Period
Table 14 Digital Substation Market, by Voltage, 2017–2025 (USD Million)
10.2 Up to 220 Kv
10.2.1 Ability to Transmit Power Over Long Distances As Well As in Industrial Infrastructure
Figure 33 Pre-COVID-19 and Post-COVID-19 Analysis of Market for Digital Substations of Up to 220 Kv Voltage
Table 15 Digital Substation Market for Up to 220 Kv Range, by Region, 2017–2025 (USD Million)
10.3 220–550 Kv
10.3.1 Market for Digital Substations of Range 220–550 Kv Voltage to Grow at Highest Rate during Forecast Period
Table 16 Digital Substation Market for 220–500 Kv Range, by Region, 2017–2025 (USD Million)
10.4 Above 550 Kv
10.4.1 Attractive Opportunity Due to Rise in Power-Generation Capacities and Reduction in Transmission Losses
Table 17 Digital Substation Market for Above 500 Kv Range, by Region, 2017–2025 (USD Million)
10.5 Impact of COVID-19 on Voltage of Digital Substations
11 Digital Substation Market, by Industry
11.1 Introduction
Figure 34 Utility Industry is Expected to Hold Largest Share of Digital Substation Market in 2025
Table 18 Digital Substation Market, by Industry, 2017–2025 (USD Million)
11.2 Utility
Table 19 Digital Substation Market for Utility, by Region, 2017–2025 (USD Million)
Figure 35 Pre-COVID-19 and Post-COVID-19 Analysis of Market for Utility, 2020–2025 (USD Million)
Table 20 Digital Substation Market for Utility, by Type, 2017–2025 (USD Million)
11.2.1 Non-Renewables
11.2.1.1 Non-Renewables Hold Largest Share of Market for Utility
Table 21 Digital Substation Market for Utility, by Non-Renewable Source Type, 2017–2025 (USD Million)
Table 22 Digital Substation Market for Non-Renewable Source, by Region, 2017–2025 (USD Million)
11.2.2 Renewables
11.2.2.1 Decline in Price of Electricity Generated from Renewable Sources of Energy Leading to Adoption of Digital Substations in Utility Industry
Table 23 Digital Substation Market for Utility, by Renewable Source Type, 2017–2025 (USD Million)
Figure 36 Pre-COVID-19 and Post-COVID-19 Analysis of Market for Renewable Sources, 2020–2025 (USD Million)
Table 24 Digital Substation Market for Renewable Sources, by Region, 2017–2025 (USD Million)
11.3 Heavy Industries
11.3.1 Increased Adoption of Digital Substations in Heavy Industries to Ensure Improved Quality and Uninterrupted Power Supply
Table 25 Digital Substation Market for Heavy Industries, by Region, 2017–2025 (USD Million)
11.4 Transportation
11.4.1 Rise in Adoption of Digital Substations for Railways and Metros to Prevent from Power Interruption
Table 26 Digital Substation Market for Transportation, by Region, 2017–2025 (USD Million)
11.5 Others
Table 27 Digital Substation Market for Other Industries, by Region, 2017–2025 (USD Million)
11.6 Impact of COVID-19 on Industry of Digital Substations
12 Geography Analysis
12.1 Introduction
Figure 37 Digital Substation Market in India to Register Highest CAGR Between 2020 and 2025
Table 28 Digital Substation Market, by Region, 2017–2025 (USD Billion)
12.2 North America
Figure 38 Snapshot of Digital Substation Market in North America
Table 29 Digital Substation Market in North America, by Module, 2017–2025 (USD Million)
Table 30 Digital Substation Market in North America, by Hardware, 2017–2025 (USD Million)
Table 31 Digital Substation Market in North America, by Type, 2017–2025 (USD Million)
Table 32 Digital Substation Market in North America, by Voltage, 2017–2025 (USD Million)
Table 33 Digital Substation Market in North America, by Installation Type, 2017–2025 (USD Million)
Table 34 Digital Substation Market in North America, by Industry, 2017–2025 (USD Million)
Table 35 Digital Substation Market in North America, by Utility, 2017–2025 (USD Million)
Table 36 Digital Substation Market in North America, by Country, 2017–2025 (USD Million)
12.2.1 US
12.2.1.1 Increasing Investments by Energy Companies to Modernize Grid System
Table 37 Digital Substation Market in US, by Module, 2017–2025 (USD Million)
Table 38 Digital Substation Market in US, by Industry, 2017–2025 (USD Million)
12.2.2 Canada
12.2.2.1 High Focus on Electric Grid Security and Resilience Energy
Table 39 Digital Substation Market in Canada, by Module, 2017–2025 (USD Million)
Table 40 Digital Substation Market in Canada, by Industry, 2017–2025 (USD Million)
12.2.3 Mexico
12.2.3.1 Significant Growth of the Smart Grid Exports Market
Table 41 Digital Substation Market in Mexico, by Module, 2017–2025 (USD Million)
Table 42 Digital Substation Market in Mexico, by Industry, 2017–2025 (USD Million)
Figure 39 Pre- and Post-COVID-19 Analysis of Market in North America, 2020–2025 (USD Million)
12.2.4 Impact of COVID-19 on North American Market
12.3 Europe
Figure 40 Snapshot of Digital Substation Market in Europe
Table 43 Digital Substation Market in Europe, by Module, 2017–2025 (USD Million)
Table 44 Digital Substation Market in Europe, by Hardware, 2017–2025 (USD Million)
Table 45 Digital Substation Market in Europe, by Type, 2017–2025 (USD Million)
Table 46 Digital Substation Market in Europe, by Voltage, 2017–2025 (USD Million)
Table 47 Digital Substation Market in Europe, Installation Type, 2017–2025 (USD Million)
Table 48 Digital Substation Market in Europe, by Industry, 2017–2025 (USD Million)
Table 49 Digital Substation Market in Europe, by Utility, 2017–2025 (USD Million)
Table 50 Digital Substation Market in Europe, by Country, 2017–2025 (USD Million)
12.3.1 UK
12.3.1.1 Fitness Project is Expected to Increase the Installation of Digital Substations
Table 51 Digital Substation Market in UK, by Module, 2017–2025 (USD Million)
Table 52 Digital Substation Market in UK, by Industry, 2017–2025 (USD Million)
12.3.2 Germany
12.3.2.1 Increasing Installation of Digital Substations in the Industrial Sector
Table 53 Digital Substation Market in Germany, by Module, 2017–2025 (USD Million)
Table 54 Digital Substation Market in Germany, by Industry, 2017–2025 (USD Million)
12.3.3 France
12.3.3.1 High Focus on Renewable Energy to Increase Demand for Digital Substations
Table 55 Digital Substation Market in France, by Module, 2017–2025 (USD Million)
Table 56 Digital Substation Market in France, by Industry, 2017–2025 (USD Million)
12.3.4 Italy
12.3.4.1 Serval Programs Initiated by the Government for Digitization of Energy & Power Sector
Table 57 Digital Substation Market in Italy, by Module, 2017–2025 (USD Million)
Table 58 Digital Substation Market in Italy, by Industry, 2017–2025 (USD Million)
12.3.5 Rest of Europe
Table 59 Digital Substation Market in Rest of Europe, by Module, 2017–2025 (USD Million)
Table 60 Digital Substation Market in Rest of Europe, by Industry, 2017–2025 (USD Million)
12.3.6 Impact of COVID-19 on European Market
12.4 Asia Pacific
Figure 41 Snapshot of Digital Substation Market in Asia Pacific
Table 61 Digital Substation Market in APAC, by Module, 2017–2025 (USD Million)
Table 62 Digital Substation Market in APAC, by Hardware, 2017–2025 (USD Million)
Table 63 Digital Substation Market in APAC, by Type, 2017–2025 (USD Million)
Table 64 Digital Substation Market in APAC, by Installation Type, 2017–2025 (USD Million)
Table 65 Digital Substation Market in APAC, by Voltage, 2017–2025 (USD Million)
Table 66 Digital Substation Market in APAC, by Industry, 2017–2025 (USD Million)
Table 67 Digital Substation Market in APAC, by Utility, 2017–2025 (USD Million)
Table 68 Digital Substation Market in APAC, by Country, 2017–2025 (USD Million)
12.4.1 China
12.4.1.1 Increasing Installation of Digital Substations in China
Table 69 Digital Substation Market in China, by Module, 2017–2025 (USD Million)
Table 70 Digital Substation Market in China, by Industry, 2017–2025 (USD Million)
12.4.2 Japan
12.4.2.1 Increasing Focus on Rebuilding Power Grids and Substations
Table 71 Digital Substation Market in Japan, by Module, 2017–2025 (USD Million)
Table 72 Digital Substation Market in Japan, by Industry, 2017–2025 (USD Million)
12.4.3 India
12.4.3.1 Increased Government Investments in Infrastructure Projects to Boost the Power Generation Capacity in India
Table 73 Digital Substation Market in India, by Module, 2017–2025 (USD Million)
Table 74 Digital Substation Market in India, by Industry, 2017–2025 (USD Million)
12.4.4 South Korea
12.4.4.1 Increasing Focus on Digitization of Grids
Table 75 Digital Substation Market in South Korea, by Module, 2017–2025 (USD Million)
Table 76 Digital Substation Market in South Korea, by Industry, 2017–2025 (USD Million)
12.4.5 Australia
12.4.5.1 Installation of Digital Substations in Australia is Expected to Increase in the Long Run
Table 77 Digital Substation Market in Australia, by Module, 2017–2025 (USD Million)
Table 78 Digital Substation Market in Australia, by Industry, 2017–2025 (USD Million)
12.4.6 Rest of APAC
Table 79 Digital Substation Market in Rest of APAC, by Module, 2017–2025 (USD Million)
Table 80 Digital Substation Market in Rest of APAC, by Industry, 2017–2025 (USD Million)
Figure 42 Pre- and Post-COVID-19 Analysis of Market for APAC, 2020–2025 (USD Million)
12.4.7 Impact of COVID-19 on APAC Market
12.5 Rest of the World
Figure 43 Snapshot of Digital Substation Market in RoW
Table 81 Digital Substation Market in RoW, by Module, 2017–2025 (USD Million)
Table 82 Digital Substation Market in RoW, by Hardware, 2017–2025 (USD Million)
Table 83 Digital Substation Market in RoW, by Type, 2017–2025 (USD Million)
Table 84 Digital Substation Market in RoW, by Installation Type, 2017–2025 (USD Million)
Table 85 Digital Substation Market in RoW, by Voltage, 2017–2025 (USD Million)
Table 86 Digital Substation Market in RoW, by Industry, 2017–2025 (USD Million)
Table 87 Digital Substation Market in RoW, by Utility, 2017–2025 (USD Million)
Table 88 Digital Substation Market in RoW, by Region, 2017–2025 (USD Million)
12.5.1 Middle East
Table 89 Digital Substation Market in Middle East, by Module, 2017–2025 (USD Million)
Table 90 Digital Substation Market in Middle East, by Industry, 2017–2025 (USD Million)
Table 91 Digital Substation Market in Middle East, by Country, 2017–2025 (USD Million)
12.5.1.1 UAE
12.5.1.1.1 Increasing Focus on Improving the Efficiency of the Grid
Table 92 Digital Substation Market in UAE, by Module, 2017–2025 (USD Million)
Table 93 Digital Substation Market in UAE, by Industry, 2017–2025 (USD Million)
12.5.1.2 Saudi Arabia
12.5.1.2.1 Increasing Installation of Digital Substations in Heavy Industries
Table 94 Digital Substation Market in Saudi Arabia, by Module, 2017–2025 (USD Million)
Table 95 Digital Substation Market in Saudi Arabia, by Industry, 2017–2025 (USD Million)
12.5.1.3 Rest of the Middle East
Table 96 Digital Substation Market in Rest of Middle East, by Module, 2017–2025 (USD Million)
Table 97 Digital Substation Market in Rest of Middle East, by Industry, 2017–2025 (USD Million)
12.5.2 Africa
12.5.2.1 Upgradation of Power Facilities to Meet Rising Demand for Electricity
Table 98 Digital Substation Market in Africa, by Module, 2017–2025 (USD Million)
Table 99 Digital Substation Market in Africa, by Industry, 2017–2025 (USD Million)
12.5.3 South America
Table 100 Digital Substation Market in South America, by Module, 2017–2025 (USD Million)
Table 101 Digital Substation Market in South America, by Industry, 2017–2025 (USD Million)
Table 102 Digital Substation Market in South America, by Country, 2017–2025 (USD Million)
12.5.3.1 Brazil
12.5.3.1.1 Increasing Focus on Smart Grid Infrastructure
Table 103 Digital Substation Market in Brazil, by Module, 2017–2025 (USD Million)
Table 104 Digital Substation Market in Brazil, by Industry, 2017–2025 (USD Million)
12.5.3.2 Rest of South America
Table 105 Digital Substation Market in Rest of South America, by Module, 2017–2025 (USD Million)
Table 106 Digital Substation Market in Rest of South America, by Industry, 2017–2025 (USD Million)
12.6 Impact of COVID-19 on Rest of the World Market
13 Competitive Landscape
13.1 Overview
Figure 44 Product Launches/Developments, 2017–2020
13.2 Ranking Analysis of Key Players in Digital Substation Market
Figure 45 Digital Substation Market: Ranking of Key Companies in 2019
13.3 Competitive Situations and Trends
13.3.1 Product Launches
Table 107 Product Launches, 2017–2020
13.3.2 Agreements
Table 108 Agreements, 2017–2019
13.3.3 Contracts
Table 109 Contracts, 2017–2020
13.3.4 Expansions
Table 110 Expansions, 2017–2020
13.3.5 Partnerships
Table 111 Partnerships, 2017–2019
13.3.6 Acquisitions
Table 112 Acquisitions, 2016–2019
13.4 Competitive Leadership Mapping, 2019
13.4.1 Visionary Leaders
13.4.2 Dynamic Differentiators
13.4.3 Innovators
13.4.4 Emerging Companies
Figure 46 Competitive Leadership Mapping, 2019
14 Company Profiles
14.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and Publisher View)*
14.1.1 Abb
Figure 47 Abb: Company Snapshot
14.1.2 General Electric (Ge)
Figure 48 General Electric: Company Snapshot
14.1.3 Siemens
Figure 49 Siemens: Company Snapshot
14.1.4 Eaton
Figure 50 Eaton: Company Snapshot
14.1.5 Schneider Electric
Figure 51 Schneider Electric: Company Snapshot
14.1.6 Honeywell
Figure 52 Honeywell: Company Snapshot
14.1.7 Cisco
Figure 53 Cisco: Company Snapshot
14.1.8 Emerson
Figure 54 Emerson: Company Snapshot
14.1.9 Nr Electric
14.1.10 Larsen & Toubro
Figure 55 Larsen & Toubro: Company Snapshot
*Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and Publisher View Might Not be Captured in Case of Unlisted Companies.
14.2 Right to Win
14.3 Other Important Players
14.3.1 Schweitzer Engineering Laboratories, Inc.
14.3.2 Welotec Gmbh
14.3.3 Tcs Digital
14.3.4 Guodian Nanjing Automation Co., Ltd.
14.3.5 Tesco Automation Inc.
14.3.6 Locamation
14.3.7 Beijing Sifang Automation Co., Ltd.
14.3.8 Netcontrol Group
14.3.9 Prosoft-Systems
14.3.10 Fuji Electric
14.3.11 Efacec
14.3.12 Tekvel
14.3.13 Igrid T&D
14.3.14 Cadillac Automation and Controls
14.3.15 I-Tor
15 Appendix
15.1 Insights from Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details
Companies Mentioned
- ABB
- Beijing Sifang Automation Co., Ltd.
- Cadillac Automation and Controls
- Cisco
- Eaton
- Efacec
- Emerson
- Fuji Electric
- General Electric (GE)
- Guodian Nanjing Automation Co., Ltd.
- Honeywell
- I-Tor
- Igrid T&D
- Larsen & Toubro
- Locamation
- Netcontrol Group
- NR Electric
- Prosoft-Systems
- Schneider Electric
- Schweitzer Engineering Laboratories, Inc.
- Siemens
- TCS Digital
- Tekvel
- Tesco Automation Inc.
- Welotec Gmbh
Methodology
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