Press release
Global Digital Substation Market Report 2022 : Top Key Players, Market Size, Challenges, Opportunities And Forecast To 2031
The global digital substation market size is expected to grow from $6.16 billion in 2021 to $6.85 billion in 2022 at a compound annual growth rate (CAGR) of 11.19%. The global digital substations market size is expected to grow to $10.47 billion in 2026 at a CAGR of 11.19%.The Business Research Company offers the Digital Substation Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The digital substation market consists of sales of digital substation by entities (organizations, sole traders, and partnerships) that is used to communicate between the relays in the control house and the instrument breakers, transformers, and merging units in the station yard. The digital substation brings digital technology into the substation. The term digital substation refers to electrical substation in which operation is controlled by distributed intelligent electronic devices (IEDs) linked by the communication networks. It is possible by the use of computing technologies in the substation.
Some key Digital Substation market players are ABB Group, NR Electric, Eaton Corporation Inc., Schneider Electric, General Electric, Larsen & Toubro, Siemens, Tekvel, Toshiba, Yamal LNG, DNV GL, Hitachi, Igrid T&D, Kalkitech, Locamation, and Panasonic Corporation.
The countries covered in the global Digital Substation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Digital Substation market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Digital Substation Market Segmentation:
1) By Voltage Level: Low, Medium, High
2) By Type: Transmission, Distribution
3) By Module: Fiber Optics Communication Network, Supervisory Control and Data Acquisition, Hardware
4) By Industry Vertical: Power Generation, Metal and Mining, Oil and Gas, Transportation and Logistics, Defence and Aerospace, Process and Manufacturing, Others
See more on the report at https://www.thebusinessresearchcompany.com/report/digital-substation-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Digital Substation Market Characteristics
3. Digital Substation Market Trends And Strategies
4. Impact Of COVID-19 On Digital Substation
5. Digital Substation Market Size And Growth
....
26. Africa Digital Substation Market
27. Digital Substation Market Competitive Landscape And Company Profiles
28. Digital Substation Pipeline Analysis
29. Key Mergers And Acquisitions In The Digital Substation Market
30. Digital Substation Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the Digital Substation market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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