Global Substation Automation Market Forecast 2023-2032 – Market Size, Drivers, Trends, And Competitors
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
LONDON, GREATER LONDON, UK, August 16, 2023/EINPresswire.com/ — The Business Research Company’s “Substation Automation Global Market Report 2023” is a comprehensive source of information that covers every facet of the market. As per TBRC’s substation automation market forecast, the substation automation market size is predicted to reach a value of $45.41 billion by 2027, rising at a significant annual growth rate of 7.32% through the forecast period.
The rise in demand for electric power is expected to propel the substation automation market demand going forward. North America region is expected to hold the largest substation automation market share. Major substation automation market players include ABB Ltd., Cisco Systems Inc., Eaton Technologies Pvt. Ltd., General Electric, Schneider Electric SE, Siemens AG, Ingeteam, Encore Networks, Schweitzer Engineering Laboratories Inc., Toshiba Energy Systems And Solutions Corporation, SAE-IT Systems GmbH And Co. KG, Mitsubishi Electric Automation.
Substation Automation Market Segments
1) By Component: Hardware, Software
2) By Rated Voltage: Low Voltage, Medium Voltage, High Voltage
3) By Communication: Optical Fiber Communication Channel, Power Line Communication Channel, Copper Wire Communication Channel, Ethernet, Other Communication
4) By Module: Supervisory Control and Data Acquisition (SCADA), Intelligent Electronic Devices (IED), Communication Network, Other Module
5) By End-User Industry: Utilities, Steel, Oil And Gas, Mining, Transportation
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=10428&type=smp
This type of automation is the set of hardware and software components that monitor and operate an electrical system both locally and remotely. Substation automation’s major objective is to enhance the operation and upkeep of these vital power grid substations, which transform, distribute, and regulate electrical energy.
Read More On The Global Market Report At:
https://www.thebusinessresearchcompany.com/report/substation-automation-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Market Characteristics
3. Substation Automation Market Trends And Strategies
4. Market – Macro Economic Scenario
5. Market Size And Growth
……
27. Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Market Future Outlook and Potential Analysis
30. Appendix
Browse Through More Similar Reports By The Business Research Company:
Laboratory Automation Systems Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/laboratory-automation-systems-global-market-report
Automation As A Service Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/automation-as-a-service-global-market-report
Electronic Design Automation Software Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/electronic-design-automation-software-global-market-report
Contact Information
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Check out our:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn
