

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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Smart Grid Digital Substation is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Smart Grid Digital Substation is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Smart Grid Digital Substation in Power Utility is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Smart Grid Digital Substation include ABB, General Electric, Siemens, Schneider Electric, Emerson Electric, Tesco Automation, NR Electric, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Grid 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 Smart Grid Digital Substation.
The Smart Grid Digital Substation market size, estimations, and forecasts are provided in terms of 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 Smart Grid 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 Smart Grid Digital Substation companies, new entrants, and industry chain related companies in this market with information on the revenues 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
Emerson Electric
Tesco Automation
NR Electric
Segment by Type
33KV-110KV
110KV-550KV
Above 550KV
Segment by Application
Power Utility
Industrial
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Grid Digital Substation company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Grid Digital Substation Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 33KV-110KV
1.2.3 110KV-550KV
1.2.4 Above 550KV
1.3 Market by Application
1.3.1 Global Smart Grid Digital Substation Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Utility
1.3.3 Industrial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Digital Substation Market Perspective (2019-2030)
2.2 Global Smart Grid Digital Substation Growth Trends by Region
2.2.1 Global Smart Grid Digital Substation Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Grid Digital Substation Historic Market Size by Region (2019-2024)
2.2.3 Smart Grid Digital Substation Forecasted Market Size by Region (2025-2030)
2.3 Smart Grid Digital Substation Market Dynamics
2.3.1 Smart Grid Digital Substation Industry Trends
2.3.2 Smart Grid Digital Substation Market Drivers
2.3.3 Smart Grid Digital Substation Market Challenges
2.3.4 Smart Grid Digital Substation Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Grid Digital Substation Players by Revenue
3.1.1 Global Top Smart Grid Digital Substation Players by Revenue (2019-2024)
3.1.2 Global Smart Grid Digital Substation Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Digital Substation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Smart Grid Digital Substation Revenue
3.4 Global Smart Grid Digital Substation Market Concentration Ratio
3.4.1 Global Smart Grid Digital Substation Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Digital Substation Revenue in 2023
3.5 Global Key Players of Smart Grid Digital Substation Head office and Area Served
3.6 Global Key Players of Smart Grid Digital Substation, Product and Application
3.7 Global Key Players of Smart Grid Digital Substation, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Digital Substation Breakdown Data by Type
4.1 Global Smart Grid Digital Substation Historic Market Size by Type (2019-2024)
4.2 Global Smart Grid Digital Substation Forecasted Market Size by Type (2025-2030)
5 Smart Grid Digital Substation Breakdown Data by Application
5.1 Global Smart Grid Digital Substation Historic Market Size by Application (2019-2024)
5.2 Global Smart Grid Digital Substation Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Grid Digital Substation Market Size (2019-2030)
6.2 North America Smart Grid Digital Substation Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Grid Digital Substation Market Size by Country (2019-2024)
6.4 North America Smart Grid Digital Substation Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Grid Digital Substation Market Size (2019-2030)
7.2 Europe Smart Grid Digital Substation Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Grid Digital Substation Market Size by Country (2019-2024)
7.4 Europe Smart Grid Digital Substation Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Grid Digital Substation Market Size (2019-2030)
8.2 Asia-Pacific Smart Grid Digital Substation Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Grid Digital Substation Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Grid Digital Substation Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Grid Digital Substation Market Size (2019-2030)
9.2 Latin America Smart Grid Digital Substation Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Grid Digital Substation Market Size by Country (2019-2024)
9.4 Latin America Smart Grid Digital Substation Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Grid Digital Substation Market Size (2019-2030)
10.2 Middle East & Africa Smart Grid Digital Substation Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Grid Digital Substation Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Grid Digital Substation Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Smart Grid Digital Substation Introduction
11.1.4 ABB Revenue in Smart Grid Digital Substation Business (2019-2024)
11.1.5 ABB Recent Development
11.2 General Electric
11.2.1 General Electric Company Details
11.2.2 General Electric Business Overview
11.2.3 General Electric Smart Grid Digital Substation Introduction
11.2.4 General Electric Revenue in Smart Grid Digital Substation Business (2019-2024)
11.2.5 General Electric Recent Development
11.3 Siemens
11.3.1 Siemens Company Details
11.3.2 Siemens Business Overview
11.3.3 Siemens Smart Grid Digital Substation Introduction
11.3.4 Siemens Revenue in Smart Grid Digital Substation Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Schneider Electric
11.4.1 Schneider Electric Company Details
11.4.2 Schneider Electric Business Overview
11.4.3 Schneider Electric Smart Grid Digital Substation Introduction
11.4.4 Schneider Electric Revenue in Smart Grid Digital Substation Business (2019-2024)
11.4.5 Schneider Electric Recent Development
11.5 Emerson Electric
11.5.1 Emerson Electric Company Details
11.5.2 Emerson Electric Business Overview
11.5.3 Emerson Electric Smart Grid Digital Substation Introduction
11.5.4 Emerson Electric Revenue in Smart Grid Digital Substation Business (2019-2024)
11.5.5 Emerson Electric Recent Development
11.6 Tesco Automation
11.6.1 Tesco Automation Company Details
11.6.2 Tesco Automation Business Overview
11.6.3 Tesco Automation Smart Grid Digital Substation Introduction
11.6.4 Tesco Automation Revenue in Smart Grid Digital Substation Business (2019-2024)
11.6.5 Tesco Automation Recent Development
11.7 NR Electric
11.7.1 NR Electric Company Details
11.7.2 NR Electric Business Overview
11.7.3 NR Electric Smart Grid Digital Substation Introduction
11.7.4 NR Electric Revenue in Smart Grid Digital Substation Business (2019-2024)
11.7.5 NR Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
ABB
General Electric
Siemens
Schneider Electric
Emerson Electric
Tesco Automation
NR Electric
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*If Applicable.