Substation Automation Market

1

• Substation Automation Market by Type, Future
  Demands, and Key Players, 2026

2

• Scope of The Report

• Research report categorizes the Substation
  Automation Market
• based on Offering, Type, Installation Type,
  Component and Region.

• By Offering
• Hardware
• Software
• Services

• By Type
• Transmission
• Distribution

And More
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Key Segments
The global substation automation market is
estimated to be USD 54.2 billion by 2026 from USD
39.9 billion in 2021 (estimated year), at a CAGR
of 6.3 between 2021 and 2026.
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The growth of the substation automation market is
fueled by surging requirement to retrofit
conventional substations, rising use of digital
technology to improve grid efficiency in smart
cities, increasing demand for electric and hybrid
vehicles, and increasing focus on upgrading IEC
61850 standard to resolve interoperability issue
among intelligent electronic devices deployed in
substations.
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Browse 133 market data Tables and 83 Figures
spread through 246 Pages and in-depth TOC on
"Substation Automation Market
Transmission substations to dominate the
substation automation market, by type Substation
automation market for mining industry estimated
to be the fastest growing segment, by end-user
industry during the forecast period
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North America is projected to hold the largest
share of substation automation market in 2026
4

• Substation Automation Market Growth Rate

2026
2021
CAGR of 6.3 
Market Size of 39.9 billion
Market Size of 54.2 billion
5

• Key Vendors

Vendors

• Hitachi ABB Power Grids (Switzerland)Honeywell
  (US)
• Siemens Energy (Germany)
• General Electric (US)
• Cisco (US)
• Schneider Electric (France)
• Eaton Corporation (Ireland)
• Honeywell (US)

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om/Market-Reports/electric-power-substation-automa
tion-integration-market-208537744.html
6

• Top Region..

• North America
• Europe
• APAC
• RoW

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om/Market-Reports/electric-power-substation-automa
tion-integration-market-208537744.html
7

• Frequently Asked Questions (FAQ) of the Report

• 1. What is the current size of the global
  substation automation market?

2. Who are the winners in the global substation
automation market?
3. What is the COVID-19 impact on substation
automation market?
4. What are some of the regulatory changes in the
market?
5. What are the opportunities for the existing
players and for those who are planning to enter
various stages of the substation automation value
chain?
8

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  identification of opportunities

9

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10

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