United States Substation Automation Market Trends and Opportunities for Utilities, Vendors, and Investors

DataM Intelligence has published a new research report on "Substation Automation Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest M & A

• Schneider Electric SE acquires a controlling stake in Motivair Compressors Ltd. to enhance substation automation and thermal management capabilities.

• Hubbell Inc. completes acquisition of DMC Power (connector technology for high‐voltage substations) in a strategic electrical infrastructure move ($825M).

• Hubbell expands utility solutions via Systems Control acquisition (completed in late 2023), strengthening its substation control and relay panel offerings.

• Market consolidation signals more strategic buys as automation and substation segments attract interest from digital and electrical systems integrator

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 and Schweitzer Engineering Laboratories, Inc.

Key Development:

Jan 2026

Major utilities adopt AI-driven fault detection systems, enhancing grid reliability.

Launch of advanced IEC 61850-compliant automation controllers accelerates smart grid integration.

Global standards bodies initiate new protocols for cybersecurity in substation automation.

Dec 2025

Increased deployment of IoT sensors improves real-time monitoring and predictive maintenance.

Strategic partnerships formed between software providers and equipment manufacturers to boost automation capabilities.

Pilot projects in Europe test blockchain for secure energy transactions in substations.

Nov 2025

Rising investments in digital twin technology for substation asset management reported.

Regulatory frameworks updated to support renewable energy integration via automated substations.

Enhanced training programs launched to upskill workforce in next-gen substation automation tools.

Growth Forecast Projected:

The Global Substation Automation Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Substation Automation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

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 for Market:

⇥ 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)

Benefits of the Report:

Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.

Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.

Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.

Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.

Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.

Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.

Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.

Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.

Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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FAQ

Q1: What is the current size of the Substation Automation Market?

A: The Substation Automation Market was valued at USD 41 billion in 2022 and is forecasted to reach USD 67 billion by 2031

Q2: How rapidly will the Market expand?

A: The Substation Automation market is projected to grow at a CAGR of 6.5% between 2024 and 2031.

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