Substation Automation – Global Market Outlook (2019 -2027)

smrc-logo-lg-300x81-2354100Global Substation Automation Market is expected to reach $240,644 million by 2027 growing at a CAGR of 7.5% during 2019 to 2027.

Some of the key players profiled in the Substation Automation Market include Novatech LLC, Crompton Greaves, Siemens AG, General Electric, Cisco Systems, Inc., Schneider Electric, Eaton Corporation PLC, Honeywell International, Inc., Schweitzer Engineering Laboratories, Inc., ABB Ltd., Igrid T&D, Cadillac Automation and Controls, I-Tor, Tekvel and Yamal Lng.

Increase in demand for the smart grid solutions and emergence of smart cities to benefit the substation automation market are the major factors propelling the market growth. However, lack of global standards is hampering the market growth.

Request for sample here:

Substation automation is a process of using data from Intelligent Electronic Devices. It refers to overprotective and automating the ability within the substation and controlling power systems devices through instructions from remote users.

Based on the module, the intelligent electronic devices (IED) segment is likely to have a huge demand due to the upcoming deployment across the power sector. The growing demand for high voltage across commercial buildings and industries to operate machines is rapidly boosting the requirement for IEDs to reduce losses during distribution and optimizing efficiency.

Access the complete report at:

By geography, Asia Pacific is estimated to have a lucrative growth due to the growing demand of rural electrification resulting in new projects, energy efficiency and smart power infrastructure in developing nations such as China and India in this region. Furthermore, favourable initiatives from governments in countries such as India, China, and Japan have led the demand across the entire region.

Make an inquiry at:

Types Covered: • Distribution Substations

• Transmission Substations

Modules Covered: • Communication Networks • Intelligent Electronic Devices (IED)

• Supervisory Control and Data Acquisition (SCADA) Systems

Installation Types Covered: • New Installations

• Retrofit Installations

Offerings Covered: • Hardware • Services

• Software

Communication Channels Covered: • Optical Fiber Communication • Copper Wire Communication • Ethernet

• Power Line Communication

End Users Covered: • Mining • Oil and Gas • Steel • Transportation

• Utility

Regions Covered:

• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa

o Rest of Middle East & Africa

What our report offers: – Market share assessments for the regional and country level segments – Market share analysis of the top industry players – Strategic recommendations for the new entrants – Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements

Follow us on Twitter:

Follow us on LinkedIn at:

About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info: Name: James Lamb

Email: Send Email

Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929


You May Also Like