Press release
Global Drivers Analysis: The Rapid Evolution of the Power Grid Automation Systems Market
Power Grid Automation Systems Market
Projected Growth and Valuation of the Power Grid Automation Systems Market by 2030
The market for power grid automation systems is expected to experience robust growth, reaching a valuation of $44.49 billion by 2030. This expansion reflects a compound annual growth rate (CAGR) of 7.1%. The anticipated growth stems from several critical factors, including increasing investments in smart grid technologies, the rising share of renewable energy sources, a growing emphasis on grid cybersecurity, the rapid development of electric vehicle (EV) charging infrastructure, and the advancement of decentralized power generation models. Key trends anticipated during this period include wider deployment of SCADA and RTU systems across transmission networks, deeper integration of renewables into automated grids, the adoption of advanced relays and intelligent electronic devices, implementation of hybrid software models for grid monitoring, and heightened demand for real-time fault detection alongside self-healing grid capabilities.
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Top Companies Driving the Power Grid Automation Systems Market
Several leading corporations hold influential positions in the power grid automation systems industry. These include Hitachi Energy Ltd., Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., Mitsubishi Electric Corporation, GE Vernova Inc., ABB Ltd., Larsen & Toubro Limited, Toshiba Corporation, Eaton Corporation plc, Emerson Electric Co., Rockwell Automation Inc., Yokogawa Electric Corporation, Landis+Gyr AG., Schweitzer Engineering Laboratories Inc., Itron Inc., CG Power and Industrial Solutions Ltd., S&C Electric Company, G&W Electric Co., Kalkitech Pvt. Ltd., Trilliant Holdings Inc., and Kyland Technology Co. Ltd.
Strategic Acquisition Strengthening Market Position
In August 2025, Hitachi Energy Ltd., a Swiss technology firm, announced its acquisition of Eks Energy, a company based in Spain specializing in advanced power grid automation systems with a focus on power electronics and control solutions for energy storage and renewable energy. While the financial details were not disclosed, this move aims to combine Hitachi Energy's expertise in power electronics with Eks Energy's innovative solutions to deliver scalable and grid-stabilizing technologies. This acquisition aligns with the growing global demand for battery energy storage systems (BESS), reinforcing Hitachi's position in the evolving energy landscape.
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Emerging Trends in Power Grid Automation Systems Worldwide
Industry leaders are increasingly adopting artificial intelligence (AI) to revolutionize grid management. AI-enabled grid management systems improve real-time monitoring, predictive maintenance, and automated decision-making across electrical networks. This integration of AI optimizes energy distribution, forecasts demand changes, detects anomalies early, and automates operations to create more resilient and efficient electricity grids.
For example, in October 2024, Schneider Electric SE, a France-based leader in automation and energy management, launched a new smart grid solution at Enlit Europe 2024. The platform enhances grid resilience, flexibility, and supports net-zero goals by combining intelligent substation automation, advanced distribution management, and edge analytics. Features such as faster fault detection, predictive maintenance, and improved renewable energy integration enable utilities to optimize energy flow and manage increasingly complex and decentralized grids effectively.
Comprehensive Segmentation of the Power Grid Automation Systems Market
This report categorizes the power grid automation systems market based on several key segments:
1) Component Types including Hardware, Software, and Services
2) Deployment Modes such as Cloud Deployment, On-Premises Deployment, and Hybrid Deployment
3) Technology Categories including Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Distributed Control System (DCS), and Human-Machine Interface (HMI)
4) Application Areas encompassing Power Generation, Power Transmission, Power Distribution, Renewable Energy Integration, and Grid Management
5) End Users covering Transmission Utilities, Distribution Utilities, Generation Utilities, and Industrial Consumers
Further breaking down these categories reveals subsegments such as:
- Hardware: Transformers, Circuit Breakers, Relays, Sensors, Switchgears
- Software: Monitoring, Control, Analysis, and Simulation Software
- Services: Installation, Maintenance, Consulting, and Training Services
This detailed breakdown provides a clear understanding of the various components and user bases that influence market dynamics, offering a comprehensive view of the power grid automation systems industry's structure and potential growth areas.
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