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Home > Global Smart Substation Automation Market Research Report 2023

Global Smart Substation Automation Market Research Report 2023

Publication ID: 
PB511231558
Publication Date: 
November 1, 2023
Pages: 
113
Publisher: 
MRRPB5
Countries: 
Global [1]
USD 2,900.00

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Electricity [2]
Energy & Utilities [3]
Description: 

A Smart Substation Automation is a collection of hardware and software components that are used to monitor and control an electrical system, both locally and remotely. A substation automation system also automates some repetitive, tedious and error-prone activities to increase the overall efficiency and productivity of the system.
The global Smart Substation Automation market is projected to reach US$ 37850 million in 2029, increasing from US$ 26140 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2029.
The smart substation automation market is mainly driven by factors such as the upgrading and transformation of traditional substations, the popularization of smart grid construction, and the increasing demand for distributed energy.
Substation upgrading and transformation: Traditional substations are facing problems such as aging equipment, high maintenance costs, and low efficiency. With the continuous development of new energy and distributed energy, traditional substations need to be upgraded and transformed to meet the requirements of smart grid construction.
Smart grid construction: Smart grid construction is one of the important measures to achieve energy saving and emission reduction. It is to transform and reconstruct the traditional power grid by using advanced information technology, sensor technology, communication technology, etc., so as to improve the efficiency, safety and stability of the power grid. Smart substation is an important part of smart grid construction.
Increasing demand for distributed energy: With the continuous development of new energy and distributed energy, distributed energy resources are more and more widely used in various fields. Distributed energy resources can reduce the investment and operating costs of traditional power grid, improve the efficiency of power supply, and also meet the personalized and diversified energy needs. Smart substation can effectively integrate and optimize distributed energy resources, improve the efficiency and stability of power supply.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Smart Substation Automation market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Hitachi Energy
Siemens
GE Grid Solutions
Schneider Electric
Eaton
Toshiba
Ingeteam
Honeywell
ABB
NARI Technology
Cisco
Arteche
TAKAOKA TOKO
CG Power (Murugappa Group)
Power Automation
Schweitzer Engineering Laboratories
NovaTech Automation
Trilliant
Beijing Sifang Automation
CYG SUNRI
LS ELECTRIC
TBEA
TeslaTech
Ashida Electronics
Integrated Electronic Systems
Guodian Nanjing Automation
Dongfang Electronics
Segment by Type
Hardware
Software
Services
Segment by Application
Utilities
Metal & Mining
Oil and Gas
Transportation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Smart Substation Automation report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source

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Table Of Contents: 

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Substation Automation Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global Smart Substation Automation Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Utilities
1.3.3 Metal & Mining
1.3.4 Oil and Gas
1.3.5 Transportation
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Substation Automation Market Perspective (2018-2029)
2.2 Smart Substation Automation Growth Trends by Region
2.2.1 Global Smart Substation Automation Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Smart Substation Automation Historic Market Size by Region (2018-2023)
2.2.3 Smart Substation Automation Forecasted Market Size by Region (2024-2029)
2.3 Smart Substation Automation Market Dynamics
2.3.1 Smart Substation Automation Industry Trends
2.3.2 Smart Substation Automation Market Drivers
2.3.3 Smart Substation Automation Market Challenges
2.3.4 Smart Substation Automation Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Substation Automation Players by Revenue
3.1.1 Global Top Smart Substation Automation Players by Revenue (2018-2023)
3.1.2 Global Smart Substation Automation Revenue Market Share by Players (2018-2023)
3.2 Global Smart Substation Automation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Substation Automation Revenue
3.4 Global Smart Substation Automation Market Concentration Ratio
3.4.1 Global Smart Substation Automation Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Substation Automation Revenue in 2022
3.5 Smart Substation Automation Key Players Head office and Area Served
3.6 Key Players Smart Substation Automation Product Solution and Service
3.7 Date of Enter into Smart Substation Automation Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Substation Automation Breakdown Data by Type
4.1 Global Smart Substation Automation Historic Market Size by Type (2018-2023)
4.2 Global Smart Substation Automation Forecasted Market Size by Type (2024-2029)
5 Smart Substation Automation Breakdown Data by Application
5.1 Global Smart Substation Automation Historic Market Size by Application (2018-2023)
5.2 Global Smart Substation Automation Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Smart Substation Automation Market Size (2018-2029)
6.2 North America Smart Substation Automation Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Smart Substation Automation Market Size by Country (2018-2023)
6.4 North America Smart Substation Automation Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Substation Automation Market Size (2018-2029)
7.2 Europe Smart Substation Automation Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Smart Substation Automation Market Size by Country (2018-2023)
7.4 Europe Smart Substation Automation Market Size by Country (2024-2029)
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 Substation Automation Market Size (2018-2029)
8.2 Asia-Pacific Smart Substation Automation Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Smart Substation Automation Market Size by Region (2018-2023)
8.4 Asia-Pacific Smart Substation Automation Market Size by Region (2024-2029)
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 Substation Automation Market Size (2018-2029)
9.2 Latin America Smart Substation Automation Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Smart Substation Automation Market Size by Country (2018-2023)
9.4 Latin America Smart Substation Automation Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Substation Automation Market Size (2018-2029)
10.2 Middle East & Africa Smart Substation Automation Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Smart Substation Automation Market Size by Country (2018-2023)
10.4 Middle East & Africa Smart Substation Automation Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Hitachi Energy
11.1.1 Hitachi Energy Company Detail
11.1.2 Hitachi Energy Business Overview
11.1.3 Hitachi Energy Smart Substation Automation Introduction
11.1.4 Hitachi Energy Revenue in Smart Substation Automation Business (2018-2023)
11.1.5 Hitachi Energy Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Smart Substation Automation Introduction
11.2.4 Siemens Revenue in Smart Substation Automation Business (2018-2023)
11.2.5 Siemens Recent Development
11.3 GE Grid Solutions
11.3.1 GE Grid Solutions Company Detail
11.3.2 GE Grid Solutions Business Overview
11.3.3 GE Grid Solutions Smart Substation Automation Introduction
11.3.4 GE Grid Solutions Revenue in Smart Substation Automation Business (2018-2023)
11.3.5 GE Grid Solutions Recent Development
11.4 Schneider Electric
11.4.1 Schneider Electric Company Detail
11.4.2 Schneider Electric Business Overview
11.4.3 Schneider Electric Smart Substation Automation Introduction
11.4.4 Schneider Electric Revenue in Smart Substation Automation Business (2018-2023)
11.4.5 Schneider Electric Recent Development
11.5 Eaton
11.5.1 Eaton Company Detail
11.5.2 Eaton Business Overview
11.5.3 Eaton Smart Substation Automation Introduction
11.5.4 Eaton Revenue in Smart Substation Automation Business (2018-2023)
11.5.5 Eaton Recent Development
11.6 Toshiba
11.6.1 Toshiba Company Detail
11.6.2 Toshiba Business Overview
11.6.3 Toshiba Smart Substation Automation Introduction
11.6.4 Toshiba Revenue in Smart Substation Automation Business (2018-2023)
11.6.5 Toshiba Recent Development
11.7 Ingeteam
11.7.1 Ingeteam Company Detail
11.7.2 Ingeteam Business Overview
11.7.3 Ingeteam Smart Substation Automation Introduction
11.7.4 Ingeteam Revenue in Smart Substation Automation Business (2018-2023)
11.7.5 Ingeteam Recent Development
11.8 Honeywell
11.8.1 Honeywell Company Detail
11.8.2 Honeywell Business Overview
11.8.3 Honeywell Smart Substation Automation Introduction
11.8.4 Honeywell Revenue in Smart Substation Automation Business (2018-2023)
11.8.5 Honeywell Recent Development
11.9 ABB
11.9.1 ABB Company Detail
11.9.2 ABB Business Overview
11.9.3 ABB Smart Substation Automation Introduction
11.9.4 ABB Revenue in Smart Substation Automation Business (2018-2023)
11.9.5 ABB Recent Development
11.10 NARI Technology
11.10.1 NARI Technology Company Detail
11.10.2 NARI Technology Business Overview
11.10.3 NARI Technology Smart Substation Automation Introduction
11.10.4 NARI Technology Revenue in Smart Substation Automation Business (2018-2023)
11.10.5 NARI Technology Recent Development
11.11 Cisco
11.11.1 Cisco Company Detail
11.11.2 Cisco Business Overview
11.11.3 Cisco Smart Substation Automation Introduction
11.11.4 Cisco Revenue in Smart Substation Automation Business (2018-2023)
11.11.5 Cisco Recent Development
11.12 Arteche
11.12.1 Arteche Company Detail
11.12.2 Arteche Business Overview
11.12.3 Arteche Smart Substation Automation Introduction
11.12.4 Arteche Revenue in Smart Substation Automation Business (2018-2023)
11.12.5 Arteche Recent Development
11.13 TAKAOKA TOKO
11.13.1 TAKAOKA TOKO Company Detail
11.13.2 TAKAOKA TOKO Business Overview
11.13.3 TAKAOKA TOKO Smart Substation Automation Introduction
11.13.4 TAKAOKA TOKO Revenue in Smart Substation Automation Business (2018-2023)
11.13.5 TAKAOKA TOKO Recent Development
11.14 CG Power (Murugappa Group)
11.14.1 CG Power (Murugappa Group) Company Detail
11.14.2 CG Power (Murugappa Group) Business Overview
11.14.3 CG Power (Murugappa Group) Smart Substation Automation Introduction
11.14.4 CG Power (Murugappa Group) Revenue in Smart Substation Automation Business (2018-2023)
11.14.5 CG Power (Murugappa Group) Recent Development
11.15 Power Automation
11.15.1 Power Automation Company Detail
11.15.2 Power Automation Business Overview
11.15.3 Power Automation Smart Substation Automation Introduction
11.15.4 Power Automation Revenue in Smart Substation Automation Business (2018-2023)
11.15.5 Power Automation Recent Development
11.16 Schweitzer Engineering Laboratories
11.16.1 Schweitzer Engineering Laboratories Company Detail
11.16.2 Schweitzer Engineering Laboratories Business Overview
11.16.3 Schweitzer Engineering Laboratories Smart Substation Automation Introduction
11.16.4 Schweitzer Engineering Laboratories Revenue in Smart Substation Automation Business (2018-2023)
11.16.5 Schweitzer Engineering Laboratories Recent Development
11.17 NovaTech Automation
11.17.1 NovaTech Automation Company Detail
11.17.2 NovaTech Automation Business Overview
11.17.3 NovaTech Automation Smart Substation Automation Introduction
11.17.4 NovaTech Automation Revenue in Smart Substation Automation Business (2018-2023)
11.17.5 NovaTech Automation Recent Development
11.18 Trilliant
11.18.1 Trilliant Company Detail
11.18.2 Trilliant Business Overview
11.18.3 Trilliant Smart Substation Automation Introduction
11.18.4 Trilliant Revenue in Smart Substation Automation Business (2018-2023)
11.18.5 Trilliant Recent Development
11.19 Beijing Sifang Automation
11.19.1 Beijing Sifang Automation Company Detail
11.19.2 Beijing Sifang Automation Business Overview
11.19.3 Beijing Sifang Automation Smart Substation Automation Introduction
11.19.4 Beijing Sifang Automation Revenue in Smart Substation Automation Business (2018-2023)
11.19.5 Beijing Sifang Automation Recent Development
11.20 CYG SUNRI
11.20.1 CYG SUNRI Company Detail
11.20.2 CYG SUNRI Business Overview
11.20.3 CYG SUNRI Smart Substation Automation Introduction
11.20.4 CYG SUNRI Revenue in Smart Substation Automation Business (2018-2023)
11.20.5 CYG SUNRI Recent Development
11.21 LS ELECTRIC
11.21.1 LS ELECTRIC Company Detail
11.21.2 LS ELECTRIC Business Overview
11.21.3 LS ELECTRIC Smart Substation Automation Introduction
11.21.4 LS ELECTRIC Revenue in Smart Substation Automation Business (2018-2023)
11.21.5 LS ELECTRIC Recent Development
11.22 TBEA
11.22.1 TBEA Company Detail
11.22.2 TBEA Business Overview
11.22.3 TBEA Smart Substation Automation Introduction
11.22.4 TBEA Revenue in Smart Substation Automation Business (2018-2023)
11.22.5 TBEA Recent Development
11.23 TeslaTech
11.23.1 TeslaTech Company Detail
11.23.2 TeslaTech Business Overview
11.23.3 TeslaTech Smart Substation Automation Introduction
11.23.4 TeslaTech Revenue in Smart Substation Automation Business (2018-2023)
11.23.5 TeslaTech Recent Development
11.24 Ashida Electronics
11.24.1 Ashida Electronics Company Detail
11.24.2 Ashida Electronics Business Overview
11.24.3 Ashida Electronics Smart Substation Automation Introduction
11.24.4 Ashida Electronics Revenue in Smart Substation Automation Business (2018-2023)
11.24.5 Ashida Electronics Recent Development
11.25 Integrated Electronic Systems
11.25.1 Integrated Electronic Systems Company Detail
11.25.2 Integrated Electronic Systems Business Overview
11.25.3 Integrated Electronic Systems Smart Substation Automation Introduction
11.25.4 Integrated Electronic Systems Revenue in Smart Substation Automation Business (2018-2023)
11.25.5 Integrated Electronic Systems Recent Development
11.26 Guodian Nanjing Automation
11.26.1 Guodian Nanjing Automation Company Detail
11.26.2 Guodian Nanjing Automation Business Overview
11.26.3 Guodian Nanjing Automation Smart Substation Automation Introduction
11.26.4 Guodian Nanjing Automation Revenue in Smart Substation Automation Business (2018-2023)
11.26.5 Guodian Nanjing Automation Recent Development
11.27 Dongfang Electronics
11.27.1 Dongfang Electronics Company Detail
11.27.2 Dongfang Electronics Business Overview
11.27.3 Dongfang Electronics Smart Substation Automation Introduction
11.27.4 Dongfang Electronics Revenue in Smart Substation Automation Business (2018-2023)
11.27.5 Dongfang Electronics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Companies Mentioned: 

Hitachi Energy
Siemens
GE Grid Solutions
Schneider Electric
Eaton
Toshiba
Ingeteam
Honeywell
ABB
NARI Technology
Cisco
Arteche
TAKAOKA TOKO
CG Power (Murugappa Group)
Power Automation
Schweitzer Engineering Laboratories
NovaTech Automation
Trilliant
Beijing Sifang Automation
CYG SUNRI
LS ELECTRIC
TBEA
TeslaTech
Ashida Electronics
Integrated Electronic Systems
Guodian Nanjing Automation
Dongfang Electronics

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