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Digital Substation Market by Module (Fiber-Optic Communication Networks, Hardware, SCADA Systems), Type (Distribution Substation, Transmission Substation), Installation Type, Voltage, Industry - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 181 Pages
SKU # IRE18442809

Description

Digital Substation Market by Module (Fiber-Optic Communication Networks, Hardware, SCADA Systems), Type (Distribution Substation, Transmission Substation), Installation Type, Voltage, Industry - Global Forecast 2024-2030


The Digital Substation Market size was estimated at USD 7.83 billion in 2023 and expected to reach USD 8.53 billion in 2024, at a CAGR 9.39% to reach USD 14.67 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Digital Substation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Digital Substation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Digital Substation Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Belden Inc., Cadillac Automation and Controls, Cisco Systems, Inc., Eaton Corporation Inc, EFACEC Power Solutions SGPS, S.A., General Electric Company, Igrid T&D, Locamation, Netcontrol Group, NR Electric Co., Ltd., Schneider Electric SE, Siemens AG, Tesco Automation, and Texas Instruments Incorporated.

Market Segmentation & Coverage

This research report categorizes the Digital Substation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Module
Fiber-Optic Communication Networks

Hardware

SCADA Systems
Type
Distribution Substation

Transmission Substation
Installation Type
New Installations

Retrofit Installations
Voltage
220-500kV

Above 500kV

Up to 220kV
Industry
Heavy Industries

Transportation

Utility
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Digital Substation Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Digital Substation Market?
3. What are the technology trends and regulatory frameworks in the Digital Substation Market?
4. What is the market share of the leading vendors in the Digital Substation Market?
5. Which modes and strategic moves are suitable for entering the Digital Substation Market?PDF E-mail From Publisher (2-5)Users License

Table of Contents

181 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Digital Substation Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing infrastructure development in smart cities and increasing power demand in developing countries
5.1.1.2. Increasing demand for interoperability and safety by replacing traditional substation infrastructure
5.1.1.3. Improved communication in power distribution and transmission processes with the help of digital substation
5.1.2. Restraints
5.1.2.1. High initial set-up costs associated with digital substations
5.1.3. Opportunities
5.1.3.1. Increasing technological advancements and reduction of the size of digital substation
5.1.3.2. Rising demand for renewable energy projects and for battery technology to generate electricity
5.1.3.3. Surging collaborations and investments by the government and private sectors
5.1.4. Challenges
5.1.4.1. Concerns regarding cyber-attacks and privacy breaches
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Digital Substation Market, by Module
6.1. Introduction
6.2. Fiber-Optic Communication Networks
6.3. Hardware
6.4. SCADA Systems
7. Digital Substation Market, by Type
7.1. Introduction
7.2. Distribution Substation
7.3. Transmission Substation
8. Digital Substation Market, by Installation Type
8.1. Introduction
8.2. New Installations
8.3. Retrofit Installations
9. Digital Substation Market, by Voltage
9.1. Introduction
9.2. 220-500kV
9.3. Above 500kV
9.4. Up to 220kV
10. Digital Substation Market, by Industry
10.1. Introduction
10.2. Heavy Industries
10.3. Transportation
10.4. Utility
11. Americas Digital Substation Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Digital Substation Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Digital Substation Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. ABB Ltd.
15.1.2. Belden Inc.
15.1.3. Cadillac Automation and Controls
15.1.4. Cisco Systems, Inc.
15.1.5. Eaton Corporation Inc
15.1.6. EFACEC Power Solutions SGPS, S.A.
15.1.7. General Electric Company
15.1.8. Igrid T&D
15.1.9. Locamation
15.1.10. Netcontrol Group
15.1.11. NR Electric Co., Ltd.
15.1.12. Schneider Electric SE
15.1.13. Siemens AG
15.1.14. Tesco Automation
15.1.15. Texas Instruments Incorporated
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. DIGITAL SUBSTATION MARKET RESEARCH PROCESS
FIGURE 2. DIGITAL SUBSTATION MARKET SIZE, 2023 VS 2030
FIGURE 3. DIGITAL SUBSTATION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. DIGITAL SUBSTATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. DIGITAL SUBSTATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. DIGITAL SUBSTATION MARKET DYNAMICS
FIGURE 7. DIGITAL SUBSTATION MARKET SIZE, BY MODULE, 2023 VS 2030 (%)
FIGURE 8. DIGITAL SUBSTATION MARKET SIZE, BY MODULE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. DIGITAL SUBSTATION MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. DIGITAL SUBSTATION MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. DIGITAL SUBSTATION MARKET SIZE, BY INSTALLATION TYPE, 2023 VS 2030 (%)
FIGURE 12. DIGITAL SUBSTATION MARKET SIZE, BY INSTALLATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. DIGITAL SUBSTATION MARKET SIZE, BY VOLTAGE, 2023 VS 2030 (%)
FIGURE 14. DIGITAL SUBSTATION MARKET SIZE, BY VOLTAGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. DIGITAL SUBSTATION MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
FIGURE 16. DIGITAL SUBSTATION MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES DIGITAL SUBSTATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES DIGITAL SUBSTATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA DIGITAL SUBSTATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. DIGITAL SUBSTATION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. DIGITAL SUBSTATION MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
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