
Smart grid digital substation means that the primary electrical equipment in the substation realizes digital communication. The digital primary equipment and the secondary intelligent devices are all data modeled and communicated according to the unified standards of the whole station. Based on intelligent electronic equipment and electronic transformers, the realization of the substation Information sharing and interoperability between internal intelligent electrical equipment, to achieve the effect of digitalization of whole station information, networked communication platform, standardization of information sharing, integration of system functions, compact structure design, intelligentization of high-voltage equipment and visualization of operating status, which can support the power grid Real-time online analysis and control decision-making, thereby improving the reliability and economy of the entire grid operation.
The global Smart Grid Digital 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.
The “Smart Grid Digital Substation Industry Forecast” looks at past sales and reviews total world Smart Grid Digital Substation sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Grid Digital Substation sales for 2023 through 2029. With Smart Grid Digital Substation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Grid Digital Substation industry.
This Insight Report provides a comprehensive analysis of the global Smart Grid Digital 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 Smart Grid Digital Substation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Grid Digital Substation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Grid Digital 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 Smart Grid Digital Substation.
United States market for Smart Grid Digital 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 Smart Grid Digital 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 Smart Grid Digital 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 Smart Grid Digital Substation players cover ABB, General Electric, Siemens, Schneider Electric, Emerson Electric, 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 Smart Grid Digital Substation market by product type, application, key players and key regions and countries.
Segmentation by Type:
33KV-110KV
110KV-550KV
Above 550KV
Segmentation by Application:
Power Utility
Industrial
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:
33KV-110KV
110KV-550KV
Above 550KV
Segmentation by Application:
Power Utility
Industrial
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.
ABB
General Electric
Siemens
Schneider Electric
Emerson Electric
Tesco Automation
NR Electric
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Smart Grid Digital Substation Market Size 2019-2030
2.1.2 Smart Grid Digital Substation Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Smart Grid Digital Substation by Country/Region, 2019, 2023 & 2030
2.2 Smart Grid Digital Substation Segment by Type
2.2.1 33KV-110KV
2.2.2 110KV-550KV
2.2.3 Above 550KV
2.3 Smart Grid Digital Substation Market Size by Type
2.3.1 Smart Grid Digital Substation Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Grid Digital Substation Market Size Market Share by Type (2019-2024)
2.4 Smart Grid Digital Substation Segment by Application
2.4.1 Power Utility
2.4.2 Industrial
2.5 Smart Grid Digital Substation Market Size by Application
2.5.1 Smart Grid Digital Substation Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Grid Digital Substation Market Size Market Share by Application (2019-2024)
3 Smart Grid Digital Substation Market Size by Player
3.1 Smart Grid Digital Substation Market Size Market Share by Player
3.1.1 Global Smart Grid Digital Substation Revenue by Player (2019-2024)
3.1.2 Global Smart Grid Digital Substation Revenue Market Share by Player (2019-2024)
3.2 Global Smart Grid Digital 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 Smart Grid Digital Substation by Region
4.1 Smart Grid Digital Substation Market Size by Region (2019-2024)
4.2 Global Smart Grid Digital Substation Annual Revenue by Country/Region (2019-2024)
4.3 Americas Smart Grid Digital Substation Market Size Growth (2019-2024)
4.4 APAC Smart Grid Digital Substation Market Size Growth (2019-2024)
4.5 Europe Smart Grid Digital Substation Market Size Growth (2019-2024)
4.6 Middle East & Africa Smart Grid Digital Substation Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Grid Digital Substation Market Size by Country (2019-2024)
5.2 Americas Smart Grid Digital Substation Market Size by Type (2019-2024)
5.3 Americas Smart Grid Digital 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 Smart Grid Digital Substation Market Size by Region (2019-2024)
6.2 APAC Smart Grid Digital Substation Market Size by Type (2019-2024)
6.3 APAC Smart Grid Digital 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 Smart Grid Digital Substation Market Size by Country (2019-2024)
7.2 Europe Smart Grid Digital Substation Market Size by Type (2019-2024)
7.3 Europe Smart Grid Digital 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 Smart Grid Digital Substation by Region (2019-2024)
8.2 Middle East & Africa Smart Grid Digital Substation Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Grid Digital 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 Smart Grid Digital Substation Market Forecast
10.1 Global Smart Grid Digital Substation Forecast by Region (2025-2030)
10.1.1 Global Smart Grid Digital Substation Forecast by Region (2025-2030)
10.1.2 Americas Smart Grid Digital Substation Forecast
10.1.3 APAC Smart Grid Digital Substation Forecast
10.1.4 Europe Smart Grid Digital Substation Forecast
10.1.5 Middle East & Africa Smart Grid Digital Substation Forecast
10.2 Americas Smart Grid Digital Substation Forecast by Country (2025-2030)
10.2.1 United States Market Smart Grid Digital Substation Forecast
10.2.2 Canada Market Smart Grid Digital Substation Forecast
10.2.3 Mexico Market Smart Grid Digital Substation Forecast
10.2.4 Brazil Market Smart Grid Digital Substation Forecast
10.3 APAC Smart Grid Digital Substation Forecast by Region (2025-2030)
10.3.1 China Smart Grid Digital Substation Market Forecast
10.3.2 Japan Market Smart Grid Digital Substation Forecast
10.3.3 Korea Market Smart Grid Digital Substation Forecast
10.3.4 Southeast Asia Market Smart Grid Digital Substation Forecast
10.3.5 India Market Smart Grid Digital Substation Forecast
10.3.6 Australia Market Smart Grid Digital Substation Forecast
10.4 Europe Smart Grid Digital Substation Forecast by Country (2025-2030)
10.4.1 Germany Market Smart Grid Digital Substation Forecast
10.4.2 France Market Smart Grid Digital Substation Forecast
10.4.3 UK Market Smart Grid Digital Substation Forecast
10.4.4 Italy Market Smart Grid Digital Substation Forecast
10.4.5 Russia Market Smart Grid Digital Substation Forecast
10.5 Middle East & Africa Smart Grid Digital Substation Forecast by Region (2025-2030)
10.5.1 Egypt Market Smart Grid Digital Substation Forecast
10.5.2 South Africa Market Smart Grid Digital Substation Forecast
10.5.3 Israel Market Smart Grid Digital Substation Forecast
10.5.4 Turkey Market Smart Grid Digital Substation Forecast
10.6 Global Smart Grid Digital Substation Forecast by Type (2025-2030)
10.7 Global Smart Grid Digital Substation Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Smart Grid Digital Substation Forecast
11 Key Players Analysis
11.1 ABB
11.1.1 ABB Company Information
11.1.2 ABB Smart Grid Digital Substation Product Offered
11.1.3 ABB Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 ABB Main Business Overview
11.1.5 ABB Latest Developments
11.2 General Electric
11.2.1 General Electric Company Information
11.2.2 General Electric Smart Grid Digital Substation Product Offered
11.2.3 General Electric Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 General Electric Main Business Overview
11.2.5 General Electric Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Smart Grid Digital Substation Product Offered
11.3.3 Siemens Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 Schneider Electric
11.4.1 Schneider Electric Company Information
11.4.2 Schneider Electric Smart Grid Digital Substation Product Offered
11.4.3 Schneider Electric Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Schneider Electric Main Business Overview
11.4.5 Schneider Electric Latest Developments
11.5 Emerson Electric
11.5.1 Emerson Electric Company Information
11.5.2 Emerson Electric Smart Grid Digital Substation Product Offered
11.5.3 Emerson Electric Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Emerson Electric Main Business Overview
11.5.5 Emerson Electric Latest Developments
11.6 Tesco Automation
11.6.1 Tesco Automation Company Information
11.6.2 Tesco Automation Smart Grid Digital Substation Product Offered
11.6.3 Tesco Automation Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Tesco Automation Main Business Overview
11.6.5 Tesco Automation Latest Developments
11.7 NR Electric
11.7.1 NR Electric Company Information
11.7.2 NR Electric Smart Grid Digital Substation Product Offered
11.7.3 NR Electric Smart Grid Digital Substation Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 NR Electric Main Business Overview
11.7.5 NR Electric Latest Developments
12 Research Findings and Conclusion
*If Applicable.
