Substation Automation Market

Substation Automation Market (Offering: Hardware, Software, Services; Type: Transmission Substation, Distribution Substations; Industry Vertical: Energy & Utility, Oil and Gas, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Substation Automation Market Outlook 2031

  • The global substation automation market was valued at US$ 27.29 Bn in 2021
  • It is estimated to grow at a CAGR of 6.7 % from 2022 to 2031
  • The global substation automation market is expected to reach US$ 51.65 Bn by the end of 2031

Analysts’ Viewpoint on Substation Automation Market Scenario

A substation automation system is a combination of hardware and software elements used for both local and remote monitoring and control of an electrical system. A substation automation system can also automate tasks that are monotonous, time-consuming, and prone to error in order to boost the system's overall productivity and efficiency. Companies operating in the substation automation market are focusing on industry vertical such as energy and utility in order to grow post the COVID-19 pandemic. Consequently, the market is expected to grow considerably during the forecast period, owing to benefits of substation automation system such as detection fault location that is useful in distribution systems, automatic supervision of interlocks, reduces operating and maintenance cost, etc. Most utilities deploy SCADA systems in substation to automate monitoring and control in order to ensure the appropriate operation of substations and related equipment such as line-mounted switches and capacitors. In modern automatic substation control using SCADA, functions are interlinked by means of digital processing devices and power line carrier/radio communication links. Every electric power substation automation has a control room, relay and protection panels, control panels, and man-machine interface (MMI) installed in the control room.

Substation Automation Market

Substation Automation Market Introduction

Substation automation is an integral part of electrical system for generation, transmission, and distribution of electricity. Substation control systems are the building blocks of any grid. Electrical power substations are used to receive electricity at high voltage from the transmission system and decrease the voltage to the appropriate level so that it can be used for local distribution. Power substations transport electricity from power plants to homes, businesses, and factories, and are a critical component of the smart grid. The global substation automation market is likely to expand at a decent growth rate during the forecast period, due to a rise in adoption of renewable & non-conventional energy sources and a surge in the demand for smart grids.

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Increased Need to Upgrade Aging Transmission and Distribution Infrastructure

Existing substations requires manual management, which can have huge cost impacts and productivity losses especially during breakdowns. North America witnesses an increased focus on transmission and distribution investments in order to address aging and distressed infrastructure.

Adoption of intelligent electronic devices (IED) is increasing, as the device incorporates one or more processors with the capability to receive or send data/control from or to an external source (e.g., digital meters, digital relays, and controllers). Replacing the old substation completely is not possible at once. However, starting with intelligent electronic devices (IED) integration, substation integration with central systems, and subsequently, complete automation is a step-wise activity.

For instance, FirstEnergy subsidiary Penelec announced that it is completing work in Clarion County, Pennsylvania, U.S. to improve reliability for customers. Manually operated switches on the line were replaced with remote-control devices, enabling system operators to rapidly isolate damage and transfer customers to a backup power source in order to reduce the number of customers impacted by service interruptions and shorten their duration.

Rise in Population Boosts Demand for Electricity

Electricity has gained significant importance in daily life, similar to air and water. Residential, commercial, and industrial users, each, account for roughly one-third of the nation’s electricity use. On an average, the biggest single uses of electricity in the residential sector are space heating and cooling (air conditioning), lighting, water heating, space heating, home appliances and electronics. Demand for electricity in the residential sector increases on hot summer afternoons due to rise in use of ACs, fans, and coolers.

The commercial sector comprises government organizations, service-providing facilities and equipment, and other public and private entities. Usually, the substantial single uses of electricity in the commercial sector are lighting, heating, ventilation, and air cooling & conditioning. Electricity requirement in the commercial areas rise during operating business hours, and it may reduce substantially on nights and weekends. Electricity use in the industrial sector generally does not fluctuate through the day or year, as in the case of residential and commercial sectors, particularly at manufacturing facilities that operate round-the-clock.

For instance, in 2019, according to IEA, the world’s total electricity final consumption reached 22 848 TWh, up 1.7% from 2018. In 2019, (OECD Organization for Economic Cooperation and Development) the total electricity final consumption stood at 9 672 TWh, 1.1% lower than in 2018, while final electricity consumption in non-OECD countries was 13 176 TWh, an increase of 3.8% from 2018.

These factors are driving the need for electrical substation automation to cater to the surge in demand for electricity across the globe.

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Demand for New Power Stations and Smart Grids to Propel Market

In terms of installation, the global substation automation market can be segregated into new installation and retrofit installation. The new installation segment dominated the global substation automation market because the demand for new power stations and smart grid in various cities is increasing rapidly. New installations offer greater reliability and operational safety and require low maintenance, which in turn propels the new installation segment of the substation automation market.

Increased Need for Reliable Automation in Substations Augmenting Energy and Utility Segment

Increase in government initiatives toward modernization of power grids and rise in investments toward power generation through renewable sources are key factors contributing to the substation automation market growth.

Rise in demand for electric power in the last few decades has fueled the need to implement increasingly efficient and reliable automation and protection systems for substations. This, in turn, is boosting the energy and utility segment of the substation automation market.

Moreover, S.A.S. (Substation Automation Systems) are new generation systems that perform the functions of automation, protection, control that are designed based on the functional requirements. These have become a key component of energy transmission systems. This factor is driving the substation automation market share held by the energy and utility segment.

Regional Outlook of Global Substation Automation Market

Asia Pacific dominated the global substation automation market because of increasing investment in energy infrastructure by different governments owing increasing urbanization and higher energy demand. Moreover, increasing dependence on electricity, demand from the power system for advanced technology, requirements to reduce maintenance and operating costs, and implementation of government incentives are primarily driving the substation automation market size in Asia Pacific.

Indeed, the European renewable target for 2030 (32% of total energy consumed) means that more than 50% of electricity would be generated from RES, most of which would be connected to the MV and LV grids. Furthermore, policies formulated by the EU have encouraged the development of decentralized electricity generation, electric vehicles, and energy storage to cater to flexible demand. Consequently, the European substation automation market is also estimated to exhibit lucrative growth during the forecast period.

Analysis of Key Players in Global Substation Automation Market

The global substation automation market is consolidated with a small number of large-scale vendors controlling a majority of the market share. Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. Substation automation companies such as Cisco Systems, Inc., Eaton Corporation plc, General Electric, Hitachi ABB, Ingeteam, Itron Inc, Mitsubishi Electric Corporation, NovaTech, LLC, Schneider Electric SE, Schweitzer Engineering Laboratories, Inc., Siemens AG, and Trilliant Inc. are the prominent entities operating in the market.

Key Developments in Global Substation Automation Market

  • In February 2022, Schneider Electric and Enedis announced the launch of revolutionary solutions for new-generation substations. Both companies are expected to launch a project around a next generation of MV/LV substation devices as an alternative to the use of SF6 gas. This gas is used in MV electrical devices for its high insulation and dielectric properties.
  • In February, 2022, GE and Bond announced to build digital substation for offshore wind farm, the GE Group is expected to coordinate the implementation of the digital substation including advanced digital substation monitoring systems, controls, and software systems. GE would provide the connection and power balance needed between the offshore wind farm and the point of interconnection to the NY power grid.
  • In February 2021, Hitachi ABB Power Grids unveiled its smart digital substation offering that brings together the latest in digital substation technology with the predictive, prescriptive, and prognostic capabilities of Hitachi's industry-leading lumada asset performance management (APM) solution.
  • In February 2020, Alstom was awarded substation automation contracts for three of DONG Energys offshore wind farms. The systems would be fitted at the Race Bank project off the Norfolk Coast, the Walney Extension in the Irish Sea, and at the Burbo Bank Extension in Liverpool Bay.

Each of these players has been profiled in the substation automation market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Global Substation Automation Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 27.29 Bn

Market Forecast Value in 2031

US$ 51.65 Bn

Growth Rate

(CAGR)

6.7%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Bn for Value & Million for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Offering
    • Hardware
      • Intelligent Electronic Devices (IEDs)
      • Meters and Monitoring Devices
      • Microprocessor-Based Relays
      • Remote Terminal Units (RTU)
      • PMUs (Phasor Measurement Units)
      • Communication Devices
      • Programmable Logical Controller
      • Capacitor Bank Controller
      • Others
    • Software
      • Supervisory Control and Data Acquisition (SCADA)
      • Outage Management System (OMS)
      • Advanced Distribution Management (DCS)
    • Services
      • Consulting and Training
      • Installation and Integration
      • Maintenance and Repair
  • Type
    • Transmission Substations
    • Distribution Substations
  • Installation
    • New Installations
    • Retrofit Installations
  • Industry Vertical
    • Energy & Utility
    • Oil and Gas
    • Others

Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • GCC
  • South Africa

Companies Profiled

  • Cisco Systems, Inc.
  • Eaton Corporation plc
  • General Electric
  • Hitachi ABB
  • Ingeteam
  • Itron Inc.
  • Mitsubishi Electric Corporation
  • NovaTech, LLC.
  • Schneider Electric SE
  • Schweitzer Engineering Laboratories, Inc.
  • Siemens AG
  • Trilliant Inc.

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

What was the market size of substation automation in 2021?

The substation automation market stood at US$ 27.2 Bn in 2021.

What would be the CAGR of the substation automation market during the forecast period?

The substation automation market is expected to grow at a CAGR of 6.7% from 2022 to 2031.

What are the key factors driving the substation automation market?

Rise in demand for electricity due to increased population and upgrade of old age transmission and distribution networks.

Which industry vertical segment contributed to the largest share of the substation automation market in 2021?

The energy and utility segment accounted for major share of 66.19% of the substation automation market in 2021.

Which region is more attractive for vendors in the substation automation market?

Asia Pacific is a more attractive region for vendors in the substation automation market.

Who are the key players in the Substation Automation market?

Cisco Systems, Inc, Eaton Corporation plc, General Electric, Hitachi ABB, Ingeteam, Itron Inc, Mitsubishi Electric Corporation, NovaTech, LLC, Schneider Electric SE, Schweitzer Engineering Laboratories, Inc., Siemens AG, and Trilliant Inc.

    1. Preface

        1.1. Market Introduction

        1.2. Market and Segments Definition

        1.3. Market Taxonomy

        1.4. Research Methodology

        1.5. Assumption and Acronyms

    2. Executive Summary

        2.1. Global Substation Automation Market Overview

        2.2. Regional Outline

        2.3. Industry Outline

        2.4. Market Dynamics Snapshot

        2.5. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Drivers

        3.3. Restraints

        3.4. Opportunities

        3.5. Key Trends

        3.6. Regulatory Framework

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview – Global Automation Industry Overview

        4.2. Ecosystem Analysis

        4.3. Pricing Analysis

        4.4. Technology Roadmap Analysis

        4.5. Industry SWOT Analysis

        4.6. Porter Five Forces Analysis

        4.7. Covid-19 Impact and Recovery Analysis

    5. Substation Automation Market Analysis, by Offering

        5.1. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2017–2031

            5.1.1. Hardware

                5.1.1.1. Intelligent Electronic Devices (IEDs)

                5.1.1.2. Meters and Monitoring Devices

                5.1.1.3. Microprocessor-Based Relays

                5.1.1.4. Remote Terminal Units (RTU)

                5.1.1.5. PMUs (Phasor Measurement Units)

                5.1.1.6. Communication Devices

                5.1.1.7. Programmable Logical Controller

                5.1.1.8. Capacitor Bank Controller

                5.1.1.9. Others

            5.1.2. Software

                5.1.2.1. Supervisory Control and Data Acquisition (SCADA)

                5.1.2.2. Outage Management System (OMS)

                5.1.2.3. Advanced Distribution Management (DCS)

            5.1.3. Services

                5.1.3.1. Consulting and Training

                5.1.3.2. Installation and Integration

                5.1.3.3. Maintenance and Repair

        5.2. Market Attractiveness Analysis, by Offering

    6. Substation Automation Market Analysis, by Type

        6.1. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            6.1.1. Transmission Substations

            6.1.2. Distribution Substations

        6.2. Market Attractiveness Analysis, by Type

    7. Substation Automation Market Analysis, by Installation

        7.1. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            7.1.1. New Installations

            7.1.2. Retrofit Installations

        7.2. Market Attractiveness Analysis, by Installation

    8. Substation Automation Market Analysis, by Industry Vertical

        8.1. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            8.1.1. Energy & Utility

            8.1.2. Oil and Gas

            8.1.3. Others

        8.2. Market Attractiveness Analysis, by Industry Vertical

    9. Substation Automation Market Analysis and Forecast, by Region

        9.1. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Region, 2017–2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Market Attractiveness Analysis, by Region

    10. North America Substation Automation Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Drivers and Restraints: Impact Analysis

        10.3. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Offering, 2017–2031

            10.3.1. Hardware

                10.3.1.1. Intelligent Electronic Devices (IEDs)

                10.3.1.2. Meters and Monitoring Devices

                10.3.1.3. Microprocessor-Based Relays

                10.3.1.4. Remote Terminal Units (RTU)

                10.3.1.5. PMUs (Phasor Measurement Units)

                10.3.1.6. Communication Devices

                10.3.1.7. Programmable Logical Controller

                10.3.1.8. Capacitor Bank Controller

                10.3.1.9. Others

            10.3.2. Software

                10.3.2.1. Supervisory Control and Data Acquisition (SCADA)

                10.3.2.2. Outage Management System (OMS)

                10.3.2.3. Advanced Distribution Management (DCS)

            10.3.3. Services

                10.3.3.1. Consulting and Training

                10.3.3.2. Installation and Integration

                10.3.3.3. Maintenance and Repair

        10.4. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            10.4.1. Transmission Substations

            10.4.2. Distribution Substations

        10.5. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            10.5.1. New Installations

            10.5.2. Retrofit Installations

        10.6. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            10.6.1. Energy & Utility

            10.6.2. Oil and Gas

            10.6.3. Others

        10.7. Substation Automation Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017–2031

            10.7.1. U.S.

            10.7.2. Canada

            10.7.3. Rest of North America

        10.8. Market Attractiveness Analysis

            10.8.1. By Offering

            10.8.2. By Type

            10.8.3. By Installation

            10.8.4. By Industry Vertical

            10.8.5. By Country and Sub-region

    11. Europe Substation Automation Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Drivers and Restraints: Impact Analysis

        11.3. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Offering, 2017–2031

            11.3.1. Hardware

                11.3.1.1. Intelligent Electronic Devices (IEDs)

                11.3.1.2. Meters and Monitoring Devices

                11.3.1.3. Microprocessor-Based Relays

                11.3.1.4. Remote Terminal Units (RTU)

                11.3.1.5. PMUs (Phasor Measurement Units)

                11.3.1.6. Communication Devices

                11.3.1.7. Programmable Logical Controller

                11.3.1.8. Capacitor Bank Controller

                11.3.1.9. Others

            11.3.2. Software

                11.3.2.1. Supervisory Control and Data Acquisition (SCADA)

                11.3.2.2. Outage Management System (OMS)

                11.3.2.3. Advanced Distribution Management (DCS)

            11.3.3. Services

                11.3.3.1. Consulting and Training

                11.3.3.2. Installation and Integration

                11.3.3.3. Maintenance and Repair

        11.4. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            11.4.1. Transmission Substations

            11.4.2. Distribution Substations

        11.5. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            11.5.1. New Installations

            11.5.2. Retrofit Installations

        11.6. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            11.6.1. Energy & Utility

            11.6.2. Oil and Gas

            11.6.3. Others

        11.7. Substation Automation Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017–2031

            11.7.1. U.K.

            11.7.2. Germany

            11.7.3. France

            11.7.4. Rest of Europe

        11.8. Market Attractiveness Analysis

            11.8.1. By Offering

            11.8.2. By Type

            11.8.3. By Installation

            11.8.4. By Industry Vertical

            11.8.5. By Country and Sub-region

    12. Asia Pacific Substation Automation Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. Drivers and Restraints: Impact Analysis

        12.3. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Offering, 2017–2031

            12.3.1. Hardware

                12.3.1.1. Intelligent Electronic Devices (IEDs)

                12.3.1.2. Meters and Monitoring Devices

                12.3.1.3. Microprocessor-Based Relays

                12.3.1.4. Remote Terminal Units (RTU)

                12.3.1.5. PMUs (Phasor Measurement Units)

                12.3.1.6. Communication Devices

                12.3.1.7. Programmable Logical Controller

                12.3.1.8. Capacitor Bank Controller

                12.3.1.9. Others

            12.3.2. Software

                12.3.2.1. Supervisory Control and Data Acquisition (SCADA)

                12.3.2.2. Outage Management System (OMS)

                12.3.2.3. Advanced Distribution Management (DCS)

            12.3.3. Services

                12.3.3.1. Consulting and Training

                12.3.3.2. Installation and Integration

                12.3.3.3. Maintenance and Repair

        12.4. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            12.4.1. Transmission Substations

            12.4.2. Distribution Substations

        12.5. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            12.5.1. New Installations

            12.5.2. Retrofit Installations

        12.6. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            12.6.1. Energy & Utility

            12.6.2. Oil and Gas

            12.6.3. Others

        12.7. Substation Automation Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017–2031

            12.7.1. China

            12.7.2. India

            12.7.3. Japan

            12.7.4. South Korea

            12.7.5. ASEAN

            12.7.6. Rest of Asia Pacific

        12.8. Market Attractiveness Analysis

            12.8.1. By Offering

            12.8.2. By Type

            12.8.3. By Installation

            12.8.4. By Industry Vertical

            12.8.5. By Country and Sub-region

    13. Middle East & Africa Substation Automation Market Analysis and Forecast

        13.1. Market Snapshot

        13.2. Drivers and Restraints: Impact Analysis

        13.3. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Offering, 2017–2031

            13.3.1. Hardware

                13.3.1.1. Intelligent Electronic Devices (IEDs)

                13.3.1.2. Meters and Monitoring Devices

                13.3.1.3. Microprocessor-Based Relays

                13.3.1.4. Remote Terminal Units (RTU)

                13.3.1.5. PMUs (Phasor Measurement Units)

                13.3.1.6. Communication Devices

                13.3.1.7. Programmable Logical Controller

                13.3.1.8. Capacitor Bank Controller

                13.3.1.9. Others

            13.3.2. Software

                13.3.2.1. Supervisory Control and Data Acquisition (SCADA)

                13.3.2.2. Outage Management System (OMS)

                13.3.2.3. Advanced Distribution Management (DCS)

            13.3.3. Services

                13.3.3.1. Consulting and Training

                13.3.3.2. Installation and Integration

                13.3.3.3. Maintenance and Repair

        13.4. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            13.4.1. Transmission Substations

            13.4.2. Distribution Substations

        13.5. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            13.5.1. New Installations

            13.5.2. Retrofit Installations

        13.6. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            13.6.1. Energy & Utility

            13.6.2. Oil and Gas

            13.6.3. Others

        13.7. Substation Automation Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017–2031

            13.7.1. GCC

            13.7.2. South Africa

            13.7.3. Rest of the Middle East & Africa

        13.8. Market Attractiveness Analysis

            13.8.1. By Offering

            13.8.2. By Type

            13.8.3. By Installation

            13.8.4. By Industry Vertical

            13.8.5. By Country and Sub-region

    14. South America Substation Automation Market Analysis and Forecast

        14.1. Market Snapshot

        14.2. Drivers and Restraints: Impact Analysis

        14.3. Substation Automation Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Offering, 2017–2031

            14.3.1. Hardware

                14.3.1.1. Intelligent Electronic Devices (IEDs)

                14.3.1.2. Meters and Monitoring Devices

                14.3.1.3. Microprocessor-Based Relays

                14.3.1.4. Remote Terminal Units (RTU)

                14.3.1.5. PMUs (Phasor Measurement Units)

                14.3.1.6. Communication Devices

                14.3.1.7. Programmable Logical Controller

                14.3.1.8. Capacitor Bank Controller

                14.3.1.9. Others

            14.3.2. Software

                14.3.2.1. Supervisory Control and Data Acquisition (SCADA)

                14.3.2.2. Outage Management System (OMS)

                14.3.2.3. Advanced Distribution Management (DCS)

            14.3.3. Services

                14.3.3.1. Consulting and Training

                14.3.3.2. Installation and Integration

                14.3.3.3. Maintenance and Repair

        14.4. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Type, 2017–2031

            14.4.1. Transmission Substations

            14.4.2. Distribution Substations

        14.5. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Installation, 2017–2031

            14.5.1. New Installations

            14.5.2. Retrofit Installations

        14.6. Substation Automation Market Value (US$ Bn) Analysis & Forecast, by Industry Vertical, 2017–2031

            14.6.1. Energy & Utility

            14.6.2. Oil and Gas

            14.6.3. Others

        14.7. Substation Automation Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            14.7.1. Brazil

            14.7.2. Rest of South America

        14.8. Market Attractiveness Analysis

            14.8.1. By Offering

            14.8.2. By Type

            14.8.3. By Installation

            14.8.4. By Industry Vertical

            14.8.5. By Country and Sub-region

    15. Competition Assessment

        15.1. Global Substation Automation Market Competition Matrix - a Dashboard View

            15.1.1. Global Substation Automation Market Company Share Analysis, by Value (2021)

            15.1.2. Technological Differentiator

    16. Company Profiles (Global Manufacturers/Suppliers)

        16.1. Cisco Systems, Inc.

            16.1.1. Overview

            16.1.2. Product Portfolio

            16.1.3. Sales Footprint

            16.1.4. Key Subsidiaries or Distributors

            16.1.5. Strategy and Recent Developments

            16.1.6. Key Financials

        16.2. Eaton Corporation plc

            16.2.1. Overview

            16.2.2. Product Portfolio

            16.2.3. Sales Footprint

            16.2.4. Key Subsidiaries or Distributors

            16.2.5. Strategy and Recent Developments

            16.2.6. Key Financials

        16.3. General Electric

            16.3.1. Overview

            16.3.2. Product Portfolio

            16.3.3. Sales Footprint

            16.3.4. Key Subsidiaries or Distributors

            16.3.5. Strategy and Recent Developments

            16.3.6. Key Financials

        16.4. Hitachi ABB

            16.4.1. Overview

            16.4.2. Product Portfolio

            16.4.3. Sales Footprint

            16.4.4. Key Subsidiaries or Distributors

            16.4.5. Strategy and Recent Developments

            16.4.6. Key Financials

        16.5. Ingeteam

            16.5.1. Overview

            16.5.2. Product Portfolio

            16.5.3. Sales Footprint

            16.5.4. Key Subsidiaries or Distributors

            16.5.5. Strategy and Recent Developments

            16.5.6. Key Financials

        16.6. Itron Inc.

            16.6.1. Overview

            16.6.2. Product Portfolio

            16.6.3. Sales Footprint

            16.6.4. Key Subsidiaries or Distributors

            16.6.5. Strategy and Recent Developments

            16.6.6. Key Financials

        16.7. Mitsubishi Electric Corporation

            16.7.1. Overview

            16.7.2. Product Portfolio

            16.7.3. Sales Footprint

            16.7.4. Key Subsidiaries or Distributors

            16.7.5. Strategy and Recent Developments

            16.7.6. Key Financials

        16.8. NovaTech, LLC.

            16.8.1. Overview

            16.8.2. Product Portfolio

            16.8.3. Sales Footprint

            16.8.4. Key Subsidiaries or Distributors

            16.8.5. Strategy and Recent Developments

            16.8.6. Key Financials

        16.9. Schneider Electric SE

            16.9.1. Overview

            16.9.2. Product Portfolio

            16.9.3. Sales Footprint

            16.9.4. Key Subsidiaries or Distributors

            16.9.5. Strategy and Recent Developments

            16.9.6. Key Financials

        16.10. Schweitzer Engineering Laboratories, Inc.

            16.10.1. Overview

            16.10.2. Product Portfolio

            16.10.3. Sales Footprint

            16.10.4. Key Subsidiaries or Distributors

            16.10.5. Strategy and Recent Developments

            16.10.6. Key Financials

        16.11. Siemens AG

            16.11.1. Overview

            16.11.2. Product Portfolio

            16.11.3. Sales Footprint

            16.11.4. Key Subsidiaries or Distributors

            16.11.5. Strategy and Recent Developments

            16.11.6. Key Financials

        16.12. Trilliant Inc.

            16.12.1. Overview

            16.12.2. Product Portfolio

            16.12.3. Sales Footprint

            16.12.4. Key Subsidiaries or Distributors

            16.12.5. Strategy and Recent Developments

            16.12.6. Key Financials

    17. Recommendation

        17.1. Opportunity Assessment

            17.1.1. By Offering

            17.1.2. By Type

            17.1.3. By Installation

            17.1.4. By Industry Vertical

            17.1.5. By Region

    18. Primary Research: Key Insights

    19. Appendix

    List of Tables

    Table 01: Global Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 02: Global Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 03: Global Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 04: Global Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 05: Global Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Table 06: Global Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2017‒2031

    Table 07: Global Substation Automation Market Size & Forecast, by Region, Volume (Thousand Units), 2017‒2031

    Table 08: North America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 09: North America Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 10: North America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 11: North America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 12: North America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Table 13: North America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Table 14: North America Substation Automation Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

    Table 15: Europe Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 16: Europe Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 17: Europe Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 18: Europe Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 19: Europe Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Table 20: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Table 21: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

    Table 22: Asia Pacific Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 23: Asia Pacific Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 24: Asia Pacific Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 25: Asia Pacific Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 26: Asia Pacific Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Table 27: Asia Pacific Substation Automation Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

    Table 28: Middle East & Africa Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 29: Middle East & Africa Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 30: Middle East & Africa Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 31: Middle East & Africa Substation Automation Market Size & Forecast, by Type, Volume (Thousand Units), 2017‒2031

    Table 32: Middle East & Africa Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 33: Middle East & Africa Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Table 34: Middle East & Africa Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Table 35: Middle East & Africa Substation Automation Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

    Table 36: South America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Table 37: South America Substation Automation Market Size & Forecast, by Offering, Volume (Thousand Units), 2017‒2031

    Table 38: South America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Table 39: South America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Table 40: South America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Table 41: South America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Table 42: South America Substation Automation Market Size & Forecast, by Country & Sub-region, Volume (Thousand Units), 2017‒2031

    List of Figures

    Figure 01: Global Substation Automation Price Trend Analysis (Average Price, US$)

    Figure 02: Global Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 03: Global Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 04: Global Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 05: Global Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 06: Global Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 07: Global Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 08: Global Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 09: Global Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 10: Global Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 11: Global Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 12: Global Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 13: Global Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 14: Global Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 15: Global Substation Automation Market Attractiveness, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 16: Global Substation Automation Market Attractiveness, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 17: Global Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 18: Global Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 19: Global Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 20: Global Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 21: North America Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 22: North America Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 23: North America Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 24: North America Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 25: North America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 26: North America Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 27: North America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 28: North America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 29: North America Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 30: North America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 31: North America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 32: North America Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 33: North America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 34: North America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Figure 35: North America Substation Automation Market Attractiveness, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 36: North America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 37: North America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 38: North America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 39: North America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 40: Europe Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 41: Europe Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 42: Europe Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 43: Europe Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 44: Europe Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 45: Europe Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 46: Europe Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 47: Europe Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 48: Europe Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 49: Europe Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 50: Europe Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 51: Europe Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 52: Europe Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2022‒2031

    Figure 53: Europe Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2017‒2031

    Figure 54: Europe Substation Automation Market Attractiveness, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 55: Europe Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 56: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Figure 57: Europe Substation Automation Market Attractiveness, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 58: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 59: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 60: Europe Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 61: Asia Pacific Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 62: Asia Pacific Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 63: Asia Pacific Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 64: Asia Pacific Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 65: Asia Pacific Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 66: Asia Pacific Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 67: Asia Pacific Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 68: Asia Pacific Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 69: Asia Pacific Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 70: Asia Pacific Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 71: Asia Pacific Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 72: Asia Pacific Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 73: Asia Pacific Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2022‒2031

    Figure 74: Asia Pacific Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 75: Asia Pacific Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 76: Asia Pacific Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 77: Asia Pacific Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Figure 78: Asia Pacific Substation Automation Market Attractiveness, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 79: Asia Pacific Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 80: Middle East & Africa Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 81: Middle East & Africa Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 82: Middle East & Africa Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 83: Middle East & Africa Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 84: Middle East & Africa Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 85: Middle East & Africa Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 86: Middle East & Africa Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 87: Middle East & Africa Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 88: Middle East & Africa Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 89: Middle East & Africa Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 90: Middle East & Africa Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 91: Middle East & Africa Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 92: Middle East & Africa Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2022‒2031

    Figure 93: Middle East & Africa Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 94: Middle East & Africa Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 95: Middle East & Africa Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 96: Middle East & Africa Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Figure 97: Middle East & Africa Substation Automation Market Attractiveness, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 98: Middle East & Africa Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 99: South America Substation Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022‒2031

    Figure 100: South America Substation Automation Market, Value (US$ Bn), 2017‒2031

    Figure 101: South America Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 102: South America Substation Automation Market, Volume (Thousand Units), 2017‒2031

    Figure 103: South America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2017‒2031

    Figure 104: South America Substation Automation Market Attractiveness, by Offering, Value (US$ Bn), 2022‒2031

    Figure 105: South America Substation Automation Market Size & Forecast, by Offering, Value (US$ Bn), 2022‒2031

    Figure 106: South America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017‒2031

    Figure 107: South America Substation Automation Market Attractiveness, by Type, Value (US$ Bn), 2022‒2031

    Figure 108: South America Substation Automation Market Size & Forecast, by Type, Value (US$ Bn), 2022‒2031

    Figure 109: South America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2017‒2031

    Figure 110: South America Substation Automation Market Attractiveness, by Installation, Value (US$ Bn), 2022‒2031

    Figure 111: South America Substation Automation Market Size & Forecast, by Installation, Value (US$ Bn), 2022‒2031

    Figure 112: South America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 113: South America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 114: South America Substation Automation Market Size & Forecast, by Industry Vertical, Value (US$ Bn), 2022‒2031

    Figure 115: South America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2017‒2031

    Figure 116: South America Substation Automation Market Attractiveness, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 117: South America Substation Automation Market Size & Forecast, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 118: Global Substation Automation Market Share Analysis, by Company

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