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Global Digital Substation Marketto 2027

Publisher QualiKet Research
Published Apr 29, 2022
Length 191 Pages
SKU # QUA17148593

Description

Global Digital Substation Marketto 2027

Global Digital Substation Market Size, Trends & Growth Opportunity, By Type (Distribution substation, and Transmission substation), By Module (Fiber optic communication network, Supervisory control and data acquisition, and Hardware), By Voltage (220 kV, 220 kV to 550 kV, and Above 550 kV), By Region and Forecast till 2027

Global Digital Substation Market

Digital Substation is defined as the combination of digital analytics, automation, and monitoring capabilities embedded in power system management for power grids. These substations enable electric power utilities to reduce footprint, increase functionality, improve reliability of assets and increase productivity.

Market Drivers

The increase in digitalization of infrastructures is a key driving factor which expected to boost the global digital substation market growth over the forecast period. Also, the growing demand for renewable energy projects in the market will significantly drive the global digital substation market growth. Furthermore, the increase in demand for battery technology to generate electricity will positively influence the market growth. Moreover, the growing investments in smart cities and smart grid infrastructure development will propel the demand of a digital substation in near future. Superior benefits of digital substation over traditional counterparts which expected to drive the growth of global digital substation market growth during this forecast period. In addition, the growing emphasis laid down by the environmental bodies on renewable energy projects are expected to create good opportunity platforms to the players operating in the digital substation market across the globe.

Market Restraints

High initial set-up cost associated with the setting up of digital technologies in the utilities sector coupled with period maintenance poses certain market restraints expected to hamper the global digital substation market growth.

Market Segmentation

The Global Digital Substation Market is segmented into type such as Distribution substation, and Transmission substation, by module such as Fiber optic communication network, Supervisory control and data acquisition, and Hardware. Further, market is segmented into voltage such as Up to 220 kV, 220 kV to 550 kV, and Above 550 kV.

Also, the Global Digital Substation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as ABB, Larsen & Toubro, Emerson, Cisco Systems, Eaton, NR Electric, Cadillac Automation and Controls, General Electric, Siemens, Schneider Electric, Honeywell, etc.

Market Taxonomy

By Type
  • Distribution substation
  • Transmission substation
By Module
  • Fiber optic communication network
  • Supervisory control and data acquisition
  • Hardware
By Voltage
  • Up to 220 kV
  • 220 kV to 550 kV
  • Above 550 kV
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Digital Substation Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Table of Contents

191 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Digital Substation Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Digital Substation Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Digital Substation Market Share Analysis, By Type
5.3 Global Digital Substation Market Size and Forecast, By Type
5.3.1 Distribution substation
5.3.2 Transmission substation
6 Global Digital Substation Market, By Module
6.1 Y-o-Y Growth Comparison, By Module
6.2 Global Digital Substation Market Share Analysis, By Module
6.3 Global Digital Substation Market Size and Forecast, By Module
6.3.1 Fiber optic communication network
6.3.2 Supervisory control and data acquisition
6.3.3 Hardware
7 Global Digital Substation Market, By Voltage
7.1 Y-o-Y Growth Comparison, By Voltage
7.2 Global Digital Substation Market Share Analysis, By Voltage
7.3 Global Digital Substation Market Size and Forecast, By Voltage
7.3.1 Up to 220 kV
7.3.2 220 kV to 550 kV
7.3.3 Above 550 kV
8 Global Digital Substation Market, By Region
8.1 Global Digital Substation Market Share Analysis, By Region
8.2 Global Digital Substation Market Share Analysis, By Region
8.3 Global Digital Substation Market Size and Forecast, By Region
9 North America Digital Substation Market Analysis and Forecast (2020-2027)
9.1 Introduction
9.2 North America Digital Substation Market Share Analysis, By Type
9.3 North America Digital Substation Market Size and Forecast, By Module
9.4 North America Digital Substation Market Size and Forecast, By Voltage
9.5 North America Digital Substation Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 EuropeDigital Substation Market Analysis and Forecast (2020-2027)
10.1 Introduction
10.2 Europe Digital Substation Market Share Analysis, By Type
10.3 Europe Digital Substation Market Size and Forecast, By Module
10.4 Europe Digital Substation Market Size and Forecast, By Voltage
10.5 Europe Digital Substation Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Digital Substation Market Analysis and Forecast (2020-2027)
11.1 Introduction
11.2 Asia Pacific Digital Substation Market Share Analysis, By Type
11.3 Asia Pacific Digital Substation Market Size and Forecast, By Module
11.4 Asia Pacific Digital Substation Market Size and Forecast, By Voltage
11.5 Asia Pacific Digital Substation Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Digital Substation Market Analysis and Forecast (2020-2027)
12.1 Introduction
12.2 Latin America Digital Substation Market Share Analysis, By Type
12.3 Latin America Digital Substation Market Size and Forecast, By Module
12.4 Latin America Digital Substation Market Size and Forecast, By Voltage
12.5 Latin America Digital Substation Market Size and Forecast, Country
13 Middle East Digital Substation Market Analysis and Forecast (2020-2027)
13.1 Introduction
13.2 Middle East Digital Substation Market Share Analysis, By Type
13.3 Middle East Digital Substation Market Size and Forecast, By Module
13.4 Middle East Digital Substation Market Size and Forecast, By Voltage
13.5 Middle East Digital Substation Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 ABB
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Larsen & Toubro
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Emerson
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Cisco Systems
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Eaton
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 NR Electric
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Cadillac Automation and Controls
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 General Electric
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Siemens
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Schneider Electric
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Honeywell
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies

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