Substation Automation Service Market, Global Outlook and Forecast 2024-2031

Report ID: 1785289 | Published Date: Jan 2025 | No. of Page: 115 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

This report contains market size and forecasts of Substation Automation Service in Global, including the following market information:
Global Substation Automation Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Substation Automation Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Substation Automation Service include Hitachi Energy, Siemens, GE Grid Solutions, Schneider Electric, Eaton, Toshiba, Ingeteam, Honeywell and ABB, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Substation Automation Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Substation Automation Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Substation Automation Service Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Global Substation Automation Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Substation Automation Service Market Segment Percentages, by Application, 2021 (%)
Utilities
Metal & Mining
Oil and Gas
Transportation
Others
Global Substation Automation Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Substation Automation Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Substation Automation Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Substation Automation Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Energy
Siemens
GE Grid Solutions
Schneider Electric
Eaton
Toshiba
Ingeteam
Honeywell
ABB
NARI Technology
Cisco
Arteche
TAKAOKA TOKO
CG Power (Murugappa Group)
Power Automation
Schweitzer Engineering Laboratories
NovaTech Automation
Trilliant
Beijing Sifang Automation
CYG SUNRI
LS ELECTRIC
TBEA
TeslaTech
Ashida Electronics
Integrated Electronic Systems
Guodian Nanjing Automation
Dongfang Electronics

Frequently Asked Questions
Substation Automation Service Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Substation Automation Service Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Substation Automation Service Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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