Substation Automation Integration Market Size & Growth Analysis Report, 2021-2027

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

Key Questions Answered by Substation Automation Integration Market Report

• What was the Substation Automation Integration Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Substation Automation Integration Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Substation Automation Integration Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.