Global demand for Substation Automation and Integration market was valued at approximately USD 38.2 Billion in 2019, and is expected to generate revenue of around USD 56.5 Billion by end of 2026, growing at a CAGR of around 6% between 2021 and 2027.
The main driver of the global substation automation and integration market is the growing impact of the old power industry and smart grid infrastructure. This allows multifunctional solutions to meet advanced communication protocols. Another growth factor for the global market is Intelligent Electronic Devices (IED), which is expected to revitalize the global substation automation and integration market in the future. It provides seamless control and monitoring throughout the substation.
A full report of Substation Automation Integration Market available at: https://www.orionmarketreports.com/substation-automation-integration-market/30792/
Substation Automation Integration Market- Segmentation
By Type
• Transmission
• Distribution
By Application
• New Installations
• Retrofit Installations
Company Profiles
• ABB
• A.D.D. Group/Specialized Energy Systems
• ADI Engineering, Inc.
• Advanced Control Systems, Inc.
• Advantech
• AMETEK Power Instruments
• ATEMEX
• Basler Electric Company
• Beckwith Electric Co., Inc.
• CG Global / ZIV /QEI
• Cisco
• DC Systems
• Honeywell Automation India Ltd.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Substation Automation Integration Market.
• The market share of the Substation Automation Integration Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Substation Automation Integration Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Substation Automation Integration Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
(This release has been published on Next Biz Post. Next Biz Post is not responsible for any content included in this release.)
