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Home > Global Digital Twin Substation Market Growth (Status and Outlook) 2024-2030

Global Digital Twin Substation Market Growth (Status and Outlook) 2024-2030

Publication ID: 
LPI11247202
Publication Date: 
November 14, 2024
Pages: 
126
Publisher: 
LPI
Countries: 
Global [1]
USD 3,660.00

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Energy Trading & Marketing [2]
Electricity [3]
Energy & Utilities [4]
Description: 

The digital twin substation is a virtual model that is constructed in the digital space using digital twin technology and corresponds to the actual physical substation. By collecting the equipment data, environmental information and operating status of the physical substation, the virtual model and the physical entity can be synchronized in real time, so as to simulate, monitor, analyze and predict the operation of the physical substation in the digital world, and provide intelligent decision-making support for power grid operation and maintenance management.
The global Digital Twin Substation market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (publisher)' newest research report, the 鈥淒igital Twin Substation Industry Forecast鈥� looks at past sales and reviews total world Digital Twin Substation sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Twin Substation sales for 2023 through 2029. With Digital Twin Substation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Twin Substation industry.
This Insight Report provides a comprehensive analysis of the global Digital Twin Substation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Digital Twin Substation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Digital Twin Substation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Twin Substation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Twin Substation.
United States market for Digital Twin Substation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Digital Twin Substation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Digital Twin Substation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Digital Twin Substation players cover Danfoss, IEngineering, Emerson Electric, GE, ABB, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Twin Substation market by product type, application, key players and key regions and countries.
Segmentation by Type:
Less than 33KV
33KV-110KV
110KV-550KV
More than 550KV
Segmentation by Application:
Energy
Infrastructure
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Less than 33KV
33KV-110KV
110KV-550KV
More than 550KV
Segmentation by Application:
Energy
Infrastructure
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Danfoss
IEngineering
Emerson Electric
GE
ABB
Siemens
ARC Advisory Group
Rockwell Automation
Atos
Beta Engineering
Zhongke Yunmo
Lingtu VR
Hanyuan Science and Technology
PH Edge Intelligent
Wanlian digital
Horei Technology
Yongfu Power Engineering
Blue Earth Technology
FULIMA Cloud
Unitech Power Technology

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Table Of Contents: 

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Twin Substation Market Size 2019-2030
2.1.2 Digital Twin Substation Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Digital Twin Substation by Country/Region, 2019, 2023 & 2030
2.2 Digital Twin Substation Segment by Type
2.2.1 Less than 33KV
2.2.2 33KV-110KV
2.2.3 110KV-550KV
2.2.4 More than 550KV
2.3 Digital Twin Substation Market Size by Type
2.3.1 Digital Twin Substation Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Digital Twin Substation Market Size Market Share by Type (2019-2024)
2.4 Digital Twin Substation Segment by Application
2.4.1 Energy
2.4.2 Infrastructure
2.4.3 Industrial
2.4.4 Others
2.5 Digital Twin Substation Market Size by Application
2.5.1 Digital Twin Substation Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Digital Twin Substation Market Size Market Share by Application (2019-2024)
3 Digital Twin Substation Market Size by Player
3.1 Digital Twin Substation Market Size Market Share by Player
3.1.1 Global Digital Twin Substation Revenue by Player (2019-2024)
3.1.2 Global Digital Twin Substation Revenue Market Share by Player (2019-2024)
3.2 Global Digital Twin Substation Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Twin Substation by Region
4.1 Digital Twin Substation Market Size by Region (2019-2024)
4.2 Global Digital Twin Substation Annual Revenue by Country/Region (2019-2024)
4.3 Americas Digital Twin Substation Market Size Growth (2019-2024)
4.4 APAC Digital Twin Substation Market Size Growth (2019-2024)
4.5 Europe Digital Twin Substation Market Size Growth (2019-2024)
4.6 Middle East & Africa Digital Twin Substation Market Size Growth (2019-2024)
5 Americas
5.1 Americas Digital Twin Substation Market Size by Country (2019-2024)
5.2 Americas Digital Twin Substation Market Size by Type (2019-2024)
5.3 Americas Digital Twin Substation Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Twin Substation Market Size by Region (2019-2024)
6.2 APAC Digital Twin Substation Market Size by Type (2019-2024)
6.3 APAC Digital Twin Substation Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Twin Substation Market Size by Country (2019-2024)
7.2 Europe Digital Twin Substation Market Size by Type (2019-2024)
7.3 Europe Digital Twin Substation Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Twin Substation by Region (2019-2024)
8.2 Middle East & Africa Digital Twin Substation Market Size by Type (2019-2024)
8.3 Middle East & Africa Digital Twin Substation Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Digital Twin Substation Market Forecast
10.1 Global Digital Twin Substation Forecast by Region (2025-2030)
10.1.1 Global Digital Twin Substation Forecast by Region (2025-2030)
10.1.2 Americas Digital Twin Substation Forecast
10.1.3 APAC Digital Twin Substation Forecast
10.1.4 Europe Digital Twin Substation Forecast
10.1.5 Middle East & Africa Digital Twin Substation Forecast
10.2 Americas Digital Twin Substation Forecast by Country (2025-2030)
10.2.1 United States Market Digital Twin Substation Forecast
10.2.2 Canada Market Digital Twin Substation Forecast
10.2.3 Mexico Market Digital Twin Substation Forecast
10.2.4 Brazil Market Digital Twin Substation Forecast
10.3 APAC Digital Twin Substation Forecast by Region (2025-2030)
10.3.1 China Digital Twin Substation Market Forecast
10.3.2 Japan Market Digital Twin Substation Forecast
10.3.3 Korea Market Digital Twin Substation Forecast
10.3.4 Southeast Asia Market Digital Twin Substation Forecast
10.3.5 India Market Digital Twin Substation Forecast
10.3.6 Australia Market Digital Twin Substation Forecast
10.4 Europe Digital Twin Substation Forecast by Country (2025-2030)
10.4.1 Germany Market Digital Twin Substation Forecast
10.4.2 France Market Digital Twin Substation Forecast
10.4.3 UK Market Digital Twin Substation Forecast
10.4.4 Italy Market Digital Twin Substation Forecast
10.4.5 Russia Market Digital Twin Substation Forecast
10.5 Middle East & Africa Digital Twin Substation Forecast by Region (2025-2030)
10.5.1 Egypt Market Digital Twin Substation Forecast
10.5.2 South Africa Market Digital Twin Substation Forecast
10.5.3 Israel Market Digital Twin Substation Forecast
10.5.4 Turkey Market Digital Twin Substation Forecast
10.6 Global Digital Twin Substation Forecast by Type (2025-2030)
10.7 Global Digital Twin Substation Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Digital Twin Substation Forecast
11 Key Players Analysis
11.1 Danfoss
11.1.1 Danfoss Company Information
11.1.2 Danfoss Digital Twin Substation Product Offered
11.1.3 Danfoss Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Danfoss Main Business Overview
11.1.5 Danfoss Latest Developments
11.2 IEngineering
11.2.1 IEngineering Company Information
11.2.2 IEngineering Digital Twin Substation Product Offered
11.2.3 IEngineering Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 IEngineering Main Business Overview
11.2.5 IEngineering Latest Developments
11.3 Emerson Electric
11.3.1 Emerson Electric Company Information
11.3.2 Emerson Electric Digital Twin Substation Product Offered
11.3.3 Emerson Electric Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Emerson Electric Main Business Overview
11.3.5 Emerson Electric Latest Developments
11.4 GE
11.4.1 GE Company Information
11.4.2 GE Digital Twin Substation Product Offered
11.4.3 GE Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 GE Main Business Overview
11.4.5 GE Latest Developments
11.5 ABB
11.5.1 ABB Company Information
11.5.2 ABB Digital Twin Substation Product Offered
11.5.3 ABB Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ABB Main Business Overview
11.5.5 ABB Latest Developments
11.6 Siemens
11.6.1 Siemens Company Information
11.6.2 Siemens Digital Twin Substation Product Offered
11.6.3 Siemens Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Siemens Main Business Overview
11.6.5 Siemens Latest Developments
11.7 ARC Advisory Group
11.7.1 ARC Advisory Group Company Information
11.7.2 ARC Advisory Group Digital Twin Substation Product Offered
11.7.3 ARC Advisory Group Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 ARC Advisory Group Main Business Overview
11.7.5 ARC Advisory Group Latest Developments
11.8 Rockwell Automation
11.8.1 Rockwell Automation Company Information
11.8.2 Rockwell Automation Digital Twin Substation Product Offered
11.8.3 Rockwell Automation Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Rockwell Automation Main Business Overview
11.8.5 Rockwell Automation Latest Developments
11.9 Atos
11.9.1 Atos Company Information
11.9.2 Atos Digital Twin Substation Product Offered
11.9.3 Atos Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Atos Main Business Overview
11.9.5 Atos Latest Developments
11.10 Beta Engineering
11.10.1 Beta Engineering Company Information
11.10.2 Beta Engineering Digital Twin Substation Product Offered
11.10.3 Beta Engineering Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Beta Engineering Main Business Overview
11.10.5 Beta Engineering Latest Developments
11.11 Zhongke Yunmo
11.11.1 Zhongke Yunmo Company Information
11.11.2 Zhongke Yunmo Digital Twin Substation Product Offered
11.11.3 Zhongke Yunmo Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Zhongke Yunmo Main Business Overview
11.11.5 Zhongke Yunmo Latest Developments
11.12 Lingtu VR
11.12.1 Lingtu VR Company Information
11.12.2 Lingtu VR Digital Twin Substation Product Offered
11.12.3 Lingtu VR Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Lingtu VR Main Business Overview
11.12.5 Lingtu VR Latest Developments
11.13 Hanyuan Science and Technology
11.13.1 Hanyuan Science and Technology Company Information
11.13.2 Hanyuan Science and Technology Digital Twin Substation Product Offered
11.13.3 Hanyuan Science and Technology Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Hanyuan Science and Technology Main Business Overview
11.13.5 Hanyuan Science and Technology Latest Developments
11.14 PH Edge Intelligent
11.14.1 PH Edge Intelligent Company Information
11.14.2 PH Edge Intelligent Digital Twin Substation Product Offered
11.14.3 PH Edge Intelligent Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 PH Edge Intelligent Main Business Overview
11.14.5 PH Edge Intelligent Latest Developments
11.15 Wanlian digital
11.15.1 Wanlian digital Company Information
11.15.2 Wanlian digital Digital Twin Substation Product Offered
11.15.3 Wanlian digital Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Wanlian digital Main Business Overview
11.15.5 Wanlian digital Latest Developments
11.16 Horei Technology
11.16.1 Horei Technology Company Information
11.16.2 Horei Technology Digital Twin Substation Product Offered
11.16.3 Horei Technology Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Horei Technology Main Business Overview
11.16.5 Horei Technology Latest Developments
11.17 Yongfu Power Engineering
11.17.1 Yongfu Power Engineering Company Information
11.17.2 Yongfu Power Engineering Digital Twin Substation Product Offered
11.17.3 Yongfu Power Engineering Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Yongfu Power Engineering Main Business Overview
11.17.5 Yongfu Power Engineering Latest Developments
11.18 Blue Earth Technology
11.18.1 Blue Earth Technology Company Information
11.18.2 Blue Earth Technology Digital Twin Substation Product Offered
11.18.3 Blue Earth Technology Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Blue Earth Technology Main Business Overview
11.18.5 Blue Earth Technology Latest Developments
11.19 FULIMA Cloud
11.19.1 FULIMA Cloud Company Information
11.19.2 FULIMA Cloud Digital Twin Substation Product Offered
11.19.3 FULIMA Cloud Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 FULIMA Cloud Main Business Overview
11.19.5 FULIMA Cloud Latest Developments
11.20 Unitech Power Technology
11.20.1 Unitech Power Technology Company Information
11.20.2 Unitech Power Technology Digital Twin Substation Product Offered
11.20.3 Unitech Power Technology Digital Twin Substation Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Unitech Power Technology Main Business Overview
11.20.5 Unitech Power Technology Latest Developments
12 Research Findings and Conclusion

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