

Digital substations can boost the flexibility and responsiveness of transmission and distribution grids by capturing and using accurate, real-time data to control grid stability and react quickly to changing grid conditions.
The global Digital Substation market was valued at US$ 1887.5 million in 2023 and is anticipated to reach US$ 2795.1 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
Europe occupied 32.69% of the sales market in 2017. It is followed by North America and China which respectively accounted for around 25.83% and 21.60% of the global total industry. Other countries have a smaller amount of sales. Geographically, Europe was the largest production market in the world, which took about 49.03% of the global sales volume in 2017. ABB, General Electric, Siemens and Schneider Electric are the top 4 players of Digital Substation, with about 86% market shares.
This report aims to provide a comprehensive presentation of the global market for Digital Substation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Substation.
Report Scope
The Digital Substation market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Substation market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Substation manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
General Electric
Siemens
Schneider Electric
Segment by Type
Up to 110 kV
110 to 330 kV
Above 330 kV
Segment by Application
Power Utility
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Digital Substation manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Digital Substation by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Digital Substation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Digital Substation Market Overview
1.1 Product Definition
1.2 Digital Substation Segment by Type
1.2.1 Global Digital Substation Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Up to 110 kV
1.2.3 110 to 330 kV
1.2.4 Above 330 kV
1.3 Digital Substation Segment by Application
1.3.1 Global Digital Substation Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power Utility
1.3.3 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Digital Substation Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Digital Substation Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Digital Substation Production Estimates and Forecasts (2019-2030)
1.4.4 Global Digital Substation Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Digital Substation Production Market Share by Manufacturers (2019-2024)
2.2 Global Digital Substation Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Digital Substation, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Digital Substation Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Digital Substation Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Digital Substation, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Digital Substation, Product Offered and Application
2.8 Global Key Manufacturers of Digital Substation, Date of Enter into This Industry
2.9 Digital Substation Market Competitive Situation and Trends
2.9.1 Digital Substation Market Concentration Rate
2.9.2 Global 5 and 10 Largest Digital Substation Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Digital Substation Production by Region
3.1 Global Digital Substation Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Digital Substation Production Value by Region (2019-2030)
3.2.1 Global Digital Substation Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Digital Substation by Region (2025-2030)
3.3 Global Digital Substation Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Digital Substation Production by Region (2019-2030)
3.4.1 Global Digital Substation Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Digital Substation by Region (2025-2030)
3.5 Global Digital Substation Market Price Analysis by Region (2019-2024)
3.6 Global Digital Substation Production and Value, Year-over-Year Growth
3.6.1 North America Digital Substation Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Digital Substation Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Digital Substation Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Digital Substation Production Value Estimates and Forecasts (2019-2030)
4 Digital Substation Consumption by Region
4.1 Global Digital Substation Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Digital Substation Consumption by Region (2019-2030)
4.2.1 Global Digital Substation Consumption by Region (2019-2024)
4.2.2 Global Digital Substation Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Digital Substation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Digital Substation Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Digital Substation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Digital Substation Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Digital Substation Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Digital Substation Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Digital Substation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Digital Substation Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Digital Substation Production by Type (2019-2030)
5.1.1 Global Digital Substation Production by Type (2019-2024)
5.1.2 Global Digital Substation Production by Type (2025-2030)
5.1.3 Global Digital Substation Production Market Share by Type (2019-2030)
5.2 Global Digital Substation Production Value by Type (2019-2030)
5.2.1 Global Digital Substation Production Value by Type (2019-2024)
5.2.2 Global Digital Substation Production Value by Type (2025-2030)
5.2.3 Global Digital Substation Production Value Market Share by Type (2019-2030)
5.3 Global Digital Substation Price by Type (2019-2030)
6 Segment by Application
6.1 Global Digital Substation Production by Application (2019-2030)
6.1.1 Global Digital Substation Production by Application (2019-2024)
6.1.2 Global Digital Substation Production by Application (2025-2030)
6.1.3 Global Digital Substation Production Market Share by Application (2019-2030)
6.2 Global Digital Substation Production Value by Application (2019-2030)
6.2.1 Global Digital Substation Production Value by Application (2019-2024)
6.2.2 Global Digital Substation Production Value by Application (2025-2030)
6.2.3 Global Digital Substation Production Value Market Share by Application (2019-2030)
6.3 Global Digital Substation Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Digital Substation Corporation Information
7.1.2 ABB Digital Substation Product Portfolio
7.1.3 ABB Digital Substation Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 General Electric
7.2.1 General Electric Digital Substation Corporation Information
7.2.2 General Electric Digital Substation Product Portfolio
7.2.3 General Electric Digital Substation Production, Value, Price and Gross Margin (2019-2024)
7.2.4 General Electric Main Business and Markets Served
7.2.5 General Electric Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Digital Substation Corporation Information
7.3.2 Siemens Digital Substation Product Portfolio
7.3.3 Siemens Digital Substation Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 Schneider Electric
7.4.1 Schneider Electric Digital Substation Corporation Information
7.4.2 Schneider Electric Digital Substation Product Portfolio
7.4.3 Schneider Electric Digital Substation Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Schneider Electric Main Business and Markets Served
7.4.5 Schneider Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Digital Substation Industry Chain Analysis
8.2 Digital Substation Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Digital Substation Production Mode & Process
8.4 Digital Substation Sales and Marketing
8.4.1 Digital Substation Sales Channels
8.4.2 Digital Substation Distributors
8.5 Digital Substation Customers
9 Digital Substation Market Dynamics
9.1 Digital Substation Industry Trends
9.2 Digital Substation Market Drivers
9.3 Digital Substation Market Challenges
9.4 Digital Substation Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ABB
General Electric
Siemens
Schneider Electric
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*If Applicable.