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The substation automation market is forecasted to grow by USD 15.17 billion during 2022-2027, accelerating at a CAGR of 6.47% during the forecast period. The report on the substation automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for efficient power transmission and distribution, advancements in communication and connectivity technologies, and growing demand for grid resilience and security.
The substation automation market is segmented as below:
By End-user
- Utilities
- Steel
- Mining
- Transportation
- Oil and gas
By Type
- Transmission
- Distribution
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the substation automation market covers the following areas:
- Substation automation market sizing
- Substation automation market forecast
- Substation automation market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global substation automation market: ABB Ltd., Arteche Lantegi Elkartea SA, Beijer Electronics Group AB, Cisco Systems Inc., Eaton Corp. Plc, General Electric Co., Hitachi Ltd., Mitsubishi Electric Corp., OHB SE, Renewable Energy Systems Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Texas Instruments Inc., The Weir Group Plc, Toshiba Corp., TRC Companies Inc., Trilliant Holdings Inc., ZIV Automation, and SHENZHEN GUOWANG NARI TECHNOLOGY CO. LTD..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advancements in substation automation."
According to the report, one of the major drivers for this market is the increasing need for efficient power transmission and distribution.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Arteche Lantegi Elkartea SA
- Cisco Systems Inc.
- Eaton Corp. Plc
- Ependion AB
- General Electric Co.
- Hitachi Ltd.
- Mitsubishi Electric Corp.
- OHB SE
- Renewable Energy Systems Ltd.
- Schneider Electric SE
- Schweitzer Engineering Laboratories Inc.
- Shenzhen Nanwang Guorui Technology Co. Ltd.
- Siemens AG
- Texas Instruments Inc.
- The Weir Group Plc
- Toshiba Corp.
- TRC Companies Inc.
- Trilliant Holdings Inc.
- ZIV Automation
