United States Substation Automation Market is expected to reach USD 67 billion by 2031 | Top key players - Hitachi Energy Ltd., Siemens Energy, General Electric.

Market Overview:

The Global Substation Automation Market reached USD 41 billion in 2022 and is expected to reach USD 67 billion by 2031, growing with a CAGR of 6.5% during the forecast period (2024-2031). The Market is growing due to increasing demand for smart grids, improved grid reliability, and the integration of renewable energy sources.

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The Substation Automation Market involves the integration of advanced monitoring, control, and communication technologies within electrical substations. It enhances grid reliability, efficiency, and safety by automating operations, enabling real-time data analysis, remote control, fault detection, and predictive maintenance. This market supports smart grid development, reducing downtime and operational costs while improving energy distribution and system resilience.

Industry Recent Developments:

United States:

✅ In September 2025, federal and state initiatives promoting smart grid implementation, energy efficiency, and renewable energy adoption are significantly fueling the growth of automated substations. These substations enable real-time monitoring, rapid fault detection, and efficient energy distribution.

✅ In August 2025, the US substation automation market benefits from ongoing modernization of aging electrical infrastructure and increasing integration of renewable energy sources. This is supported by technological innovations such as IoT-enabled intelligent electronic devices, SCADA systems, and advanced communication protocols to improve grid reliability and reduce maintenance costs.

✅ In June 2025, technology innovations such as IoT-enabled devices, SCADA systems, and advanced communication protocols have been highlighted as key drivers improving operational reliability and reducing maintenance costs in U.S. utility and industrial sectors.

Japan:

✅ In October 2025, Japan's shift towards renewable energy and grid modernization has led to investments exceeding $3 billion by Tokyo Electric Power Company Holdings (TEPCO) to upgrade transmission infrastructure, including a major new substation in Inzai, Chiba Prefecture, to support rising electricity demand.

✅ In June 2025, Japan's aging energy grid infrastructure modernization and disaster resilience measures are critical growth drivers for substation automation, with utilities seeking systems that can quickly detect faults, self-heal, and restore power minimizing downtime.

✅ In June 2025, the Japan substation automation market showed significant momentum due to the need for enhanced grid reliability, operational continuity, and integration of renewable energy. The adoption of advanced automation technologies supports Japan's commitment to decarbonization and sustainability.

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Major Key Players:

Hitachi Energy Ltd.
Siemens Energy
General Electric
Cisco Systems, Inc.
Schneider Electric
Eaton
NovaTech, LLC.
Honeywell International Inc.
CG Power and Industrial Solutions Ltd
Schweitzer Engineering Laboratories, Inc.

Key Growth Drivers:

Increasing demand for reliable power supply amid growing electricity consumption and the need for stable, robust power grids.

Advancements in digital communication technologies and integration of smart grid solutions that enhance monitoring, control, and operational efficiency of substations.

Growing emphasis on grid modernization, including the replacement of aging infrastructure, renewable energy integration, and implementation of cybersecurity measures.

Segments Covered in the Substation Automation Market:

By Component: Reclose Controller, Programmable Logic Controller (PLC), Capacitor Bank Controller, Digital Transducer, SCADA, Load Tap Controller, Digital Relay, Others.

By Installation Type: New Installation, Retrofit Installation, Others.

By Communication: Ethernet Communication, Power Line Communication, Copper Wire Communication, Optical Fiber Communication.

By End-User: Utilities, Metals Processing, Oil & Gas, Mining, Transportation, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Substation Automation market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Substation Automation Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Substation Automation market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Substation Automation Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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