Press release
Global Digital Substation Market 2023 Forecast & Companies – ABB, General Electric, Siemens, Schneider Electric
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Substation Market by product type, application, key manufacturers and key regions. Over the next five years, Digital Substation will register a 5.7% CAGR in terms of revenue, reach US$ 2090 million by 2023, from US$ 1500 million in 2017.
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: ABB, General Electric, Siemens, Schneider Electric.
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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.
As far as the competitive spectrum is concerned, the report also enlists, in minute detail, the information regarding the growth tactics undertaken by the industry players, such as expansion strategies and mergers and acquisitions. Additionally, the report provides information about the potential newbies that are likely to emerge as the successful future shareholders of this vertical.
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.
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Segmentation by product type:
Up to 110 kV
110 to 330 kV
Above 330 kV
Segmentation by application:
Power Utility
Industrial
Research objectives:
To study and analyze the global Digital Substation consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Digital Substation market by identifying its various subsegments.
Focuses on the key global Digital Substation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
For More Details about this report: https://www.marketstudyreport.com/reports/2018-2023-global-digital-substation-consumption-market-report
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Digital Substation by Players
4 Digital Substation by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Digital Substation Market Forecast
12 Key Players Analysis
Related Report:
Global Digital Substation Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
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. 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.
https://www.marketstudyreport.com/reports/global-digital-substation-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023?utm_source=RR-AN
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