Digital Substation Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company’s Digital Substation Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
— The Business Research Company
LONDON, GREATER LONDON, UK, November 17, 2023 /EINPresswire.com/ — 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
The digital substation market is projected to reach $11.65 billion by 2027, growing at a 11.3% CAGR, as per TBRC’s “Digital Substation Global Market Report 2023.”
The digital substation market thrives on rising electricity demand, with Europe leading the digital substation market share. Key players include ABB Group, NR Electric, Eaton Corporation, Schneider Electric, General Electric, Larsen & Toubro, and Siemens.
Digital Substation Market Segments
•By Voltage Level: Low, Medium, High
•By Type: Transmission, Distribution
•By Module: Fiber Optics Communication Network, Supervisory Control And Data Acquisition, Hardware
•By Industry Vertical: Power Generation, Metal & Mining, Oil & Gas, Transportation & Logistics, Defence & Aerospace, Process & Manufacturing, Other Industry Verticals
•By Geography: The global digital substation market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=5982&type=smp
The term digital substation refers to an electrical substation in which operation is controlled by distributed intelligent electronic devices (IEDs) linked by communication networks. It is possible by the use of computing technologies in the substation. It is used to communicate between the relays in the control house and the instrument breakers, transformers, and merging units in the station yard. The digital substation brings digital technology into the substation.
Read More On The Global Digital Substation Market Report At:
https://www.thebusinessresearchcompany.com/report/digital-substation-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Market Characteristics
3. Digital Substation Market Trends And Strategies
4. Digital Substation Market – Macro Economic Scenario
5. Digital Substation 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
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Originally published at https://www.einpresswire.com/article/669167311/global-digital-substation-market-forecast-2023-2032-market-size-drivers-trends-and-competitors
