デジタル変電所の世界市場予測：タイプ別（送電変電所、配電変電所）、電圧別（66 kV未満、110 kVまで、220 kVまで、220～550 kV）、地域別の分析（2028年まで）

世界のデジタル変電所の市場規模は、2022年の76億1,000万米ドルから、2028年までに128億4,000万米ドルに達し、予測期間中にCAGRで9.1％の成長が予測されています。

代替の再生可能エネルギー源のシェアが急速に増加しているにもかかわらず、電力の流れを制御し、グリッドを安定させるために、リアルタイムの位相測定データがますます必要になっています。

当レポートでは、世界のデジタル変電所市場を調査し、市場の促進要因・抑制要因、市場機会、COVID-19の影響、セグメント別の市場解析、競合情勢、主要企業のプロファイルなど、体系的な情報を提供しています。

目次

第1章 エグゼクティブサマリー

第2章 序文

第3章 市場動向分析

• 促進要因
• 抑制要因
• 市場機会
• 脅威
• エンドユーザー分析
• 新興市場
• 未来の市場シナリオ

第4章 ポーターのファイブフォース分析

第5章 世界のデジタル変電所市場：タイプ別

• 送電変電所
• 配電変電所

第6章 世界のデジタル変電所市場：電圧別

• 66 kV未満
• 110 kVまで
• 220 kVまで
• 220～550 kV
• 550 kV以上

第7章 世界のデジタル変電所市場：モジュール別

• SCADA（監視制御・データ取得）システム
• ハードウェア
  • バスバー
  • 保護装置
  • 変圧器
  • インターフェースユニット
  • その他
• 光ファイバー通信ネットワーク

第8章 世界のデジタル変電所市場：エンドユーザー別

• 金属
• 石油・ガス
• 輸送
• ユーティリティ
  • 再生可能エネルギー
  • 非再生可能エネルギー
• 鉱業
• その他

第9章 世界のデジタル変電所市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他

第10章 主要な発展

• 契約、パートナーシップ、提携、合弁事業
• 買収・合併
• 新製品の発売
• 事業拡張
• その他の主要戦略

第11章 企業プロファイル

• Thytronic S.p.A.
• Fuji Electric Co., Ltd.
• ABB Ltd
• Siemens Corporation
• Schneider Electric S.E.
• Cisco Systems, Inc.
• Honeywell International Inc.
• Eaton Corporation
• Emerson Electric Co.
• NR Electric Co., Ltd.
• Larsen & Toubro Limited
• Schweitzer Engineering Laboratories, Inc.
• Cadillac Automation and Controls
• S&C Electric Company

List of Tables

• Table 1 Global Digital Substations Market Outlook, By Region (2020-2028) (US $MN)
• Table 2 Global Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 3 Global Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 4 Global Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 5 Global Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 6 Global Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 7 Global Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 8 Global Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 9 Global Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 10 Global Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 11 Global Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 12 Global Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 13 Global Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 14 Global Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 15 Global Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 16 Global Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 17 Global Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 18 Global Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 19 Global Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 20 Global Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 21 Global Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 22 Global Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 23 Global Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 24 Global Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 25 Global Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 26 Global Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 27 Global Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 28 Global Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)
• Table 29 North America Digital Substations Market Outlook, By Country (2020-2028) (US $MN)
• Table 30 North America Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 31 North America Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 32 North America Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 33 North America Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 34 North America Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 35 North America Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 36 North America Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 37 North America Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 38 North America Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 39 North America Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 40 North America Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 41 North America Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 42 North America Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 43 North America Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 44 North America Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 45 North America Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 46 North America Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 47 North America Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 48 North America Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 49 North America Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 50 North America Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 51 North America Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 52 North America Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 53 North America Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 54 North America Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 55 North America Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 56 North America Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)
• Table 57 Europe Digital Substations Market Outlook, By Country (2020-2028) (US $MN)
• Table 58 Europe Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 59 Europe Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 60 Europe Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 61 Europe Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 62 Europe Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 63 Europe Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 64 Europe Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 65 Europe Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 66 Europe Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 67 Europe Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 68 Europe Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 69 Europe Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 70 Europe Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 71 Europe Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 72 Europe Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 73 Europe Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 74 Europe Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 75 Europe Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 76 Europe Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 77 Europe Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 78 Europe Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 79 Europe Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 80 Europe Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 81 Europe Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 82 Europe Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 83 Europe Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 84 Europe Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)
• Table 85 Asia Pacific Digital Substations Market Outlook, By Country (2020-2028) (US $MN)
• Table 86 Asia Pacific Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 87 Asia Pacific Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 88 Asia Pacific Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 89 Asia Pacific Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 90 Asia Pacific Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 91 Asia Pacific Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 92 Asia Pacific Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 93 Asia Pacific Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 94 Asia Pacific Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 95 Asia Pacific Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 96 Asia Pacific Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 97 Asia Pacific Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 98 Asia Pacific Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 99 Asia Pacific Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 100 Asia Pacific Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 101 Asia Pacific Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 102 Asia Pacific Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 103 Asia Pacific Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 104 Asia Pacific Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 105 Asia Pacific Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 106 Asia Pacific Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 107 Asia Pacific Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 108 Asia Pacific Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 109 Asia Pacific Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 110 Asia Pacific Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 111 Asia Pacific Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 112 Asia Pacific Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)
• Table 113 South America Digital Substations Market Outlook, By Country (2020-2028) (US $MN)
• Table 114 South America Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 115 South America Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 116 South America Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 117 South America Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 118 South America Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 119 South America Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 120 South America Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 121 South America Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 122 South America Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 123 South America Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 124 South America Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 125 South America Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 126 South America Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 127 South America Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 128 South America Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 129 South America Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 130 South America Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 131 South America Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 132 South America Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 133 South America Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 134 South America Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 135 South America Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 136 South America Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 137 South America Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 138 South America Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 139 South America Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 140 South America Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)
• Table 141 Middle East & Africa Digital Substations Market Outlook, By Country (2020-2028) (US $MN)
• Table 142 Middle East & Africa Digital Substations Market Outlook, By Module (2020-2028) (US $MN)
• Table 143 Middle East & Africa Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2020-2028) (US $MN)
• Table 144 Middle East & Africa Digital Substations Market Outlook, By Hardware (2020-2028) (US $MN)
• Table 145 Middle East & Africa Digital Substations Market Outlook, By Busbars (2020-2028) (US $MN)
• Table 146 Middle East & Africa Digital Substations Market Outlook, By Protection Devices (2020-2028) (US $MN)
• Table 147 Middle East & Africa Digital Substations Market Outlook, By Transformers (2020-2028) (US $MN)
• Table 148 Middle East & Africa Digital Substations Market Outlook, By Interfacing Units (2020-2028) (US $MN)
• Table 149 Middle East & Africa Digital Substations Market Outlook, By Other Hardwares (2020-2028) (US $MN)
• Table 150 Middle East & Africa Digital Substations Market Outlook, By Fiber Optic Communication Network (2020-2028) (US $MN)
• Table 151 Middle East & Africa Digital Substations Market Outlook, By Type (2020-2028) (US $MN)
• Table 152 Middle East & Africa Digital Substations Market Outlook, By Transmission Substation (2020-2028) (US $MN)
• Table 153 Middle East & Africa Digital Substations Market Outlook, By Distribution Substation (2020-2028) (US $MN)
• Table 154 Middle East & Africa Digital Substations Market Outlook, By Voltage (2020-2028) (US $MN)
• Table 155 Middle East & Africa Digital Substations Market Outlook, By Below 66kV Segment (2020-2028) (US $MN)
• Table 156 Middle East & Africa Digital Substations Market Outlook, By Up to 110 kV (2020-2028) (US $MN)
• Table 157 Middle East & Africa Digital Substations Market Outlook, By Up to 220 kV (2020-2028) (US $MN)
• Table 158 Middle East & Africa Digital Substations Market Outlook, By 220-550 kV (2020-2028) (US $MN)
• Table 159 Middle East & Africa Digital Substations Market Outlook, By Above 550 kV (2020-2028) (US $MN)
• Table 160 Middle East & Africa Digital Substations Market Outlook, By End Users (2020-2028) (US $MN)
• Table 161 Middle East & Africa Digital Substations Market Outlook, By Metal (2020-2028) (US $MN)
• Table 162 Middle East & Africa Digital Substations Market Outlook, By Oil & Gas (2020-2028) (US $MN)
• Table 163 Middle East & Africa Digital Substations Market Outlook, By Transportation (2020-2028) (US $MN)
• Table 164 Middle East & Africa Digital Substations Market Outlook, By Utility (2020-2028) (US $MN)
• Table 165 Middle East & Africa Digital Substations Market Outlook, By Renewables (2020-2028) (US $MN)
• Table 166 Middle East & Africa Digital Substations Market Outlook, By Non-Renewables (2020-2028) (US $MN)
• Table 167 Middle East & Africa Digital Substations Market Outlook, By Mining (2020-2028) (US $MN)
• Table 168 Middle East & Africa Digital Substations Market Outlook, By Other End Users (2020-2028) (US $MN)

According to Stratistics MRC, the Global Digital Substations Market is accounted for $7.61 billion in 2022 and is expected to reach $12.84 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Digital substation is an amalgamation of switchgear, transformers, substation automation, monitoring & diagnostics and the standard process bus process, and acts as the backbone of smart grids. They even grant real time phases measurement data, increasingly, required to control the power flow and keep the grid stable, despite the quickly rising share of alternating renewable energy sources.

According to the International Energy Agency's semi-annual Power Market Report, the global electricity demand is expected to climb by 5% in 2021 and 4% in 2022. The amount of electricity generated by renewables is expected to rise as well, by 8% in 2021 and over 6% in 2022. Therefore, the increase in demand for electricity is driving the digital substation market.

Market Dynamics:

Driver:

Growing demand for electricity

Digital substations are vigorously used in substituting traditional copper cable with advanced fiber optics transmitters to covert electrical signals to optical signals. Digital substations are also used in power grids and transformers to minimize losses during transmission of electricity. The amount of electricity generated by renewables is expected to rise as well, by. Therefore, the increase in demand for electricity is driving the market.

Restraint:

High cost

Technological advancements in the transmission infrastructure segment are expected to play a dynamic role in efficient network upgrade and expansion. This is expected to help in meeting the government's objective of 24×7 power for all, maintaining a congestion-free transmission network and ensuring grid stability. Because of this technological advancement, the initial cost essential for setting up a digital substation is high. This is owing to the increased number of intelligent electronic devices (IEDs) used in substations, which increases the purchase cost of substations. The increasing use of technologies such as the microprocessor and service-oriented architecture (SOA) technologies, as well as the rise in the number of embedded IEDs in substations, has increased the purchase costs of these substations.

Opportunity:

Investments in smart cities and smart grid infrastructure development

A smart city is enabled with multiple hardware and software systems, which communicate with each other to deliver data in real time. Energy generation and transmission are carried out by the use of technology. Utilities have long been dependent on workers to read meters, examine equipment, and manage the daily operations of the electrical grid. Today, utility systems use smart meters to monitor status across the grid, accessing consumption data in homes, connecting with substations to manage load distribution, and analyzing demand curves and production forecasts to balance renewable generation with traditional power sources. A digital substation is a critical part of the entire distribution system. As every device in the substation is upgraded to communicate using digital signals, substations are connected with fiber-optic communication networks.

Threat:

Lack of human capital management

There is a challenge of human capital management, since digital substations demand skills that go beyond the IEC 61850 standard, also requiring knowledge of network infrastructure, cyber security and other technologies. From this point of view, it is necessary to expand the field of knowledge of the personnel participating in a substation and thus change the way in which one works with electrical substations.

Impact of covid-19

COVID-19 is having an especially negative impact on the renewables sector. One of the main problems is related to the delivery of equipment to power plants. China was majorly impacted due to COVID-19 and is the main global producer of many clean energy technologies, such as solar panels, wind turbines, and batteries. Since COVID-19 has delayed deliveries from China, renewable energy companies are not able to comply with deadlines for equipment installation. For instance, in India alone, 3,000 MW of solar and wind energy projects face delays due to the lockdown. BYD (China), the world's leading producer of rechargeable batteries, was unable to complete tests of new models of rechargeable batteries due to the pandemic, and this has led to a reduction in delivery volumes of rechargeable batteries for the European market

The utility segment is expected to be the largest during the forecast period.

The utility segment is expected to be the largest during the forecast period. The utility industry is one of the booming application areas pertaining to digital substations, due to the high demand-supply gap in energy in most of the developing and developed nations. Its growth can be attributed to the increase in demand for renewable energy sources, such as wind, solar, and hydro to meet the consumers demand for power generation. Digital substations have a large scope in the utility industry as these systems are used in transmitting and distributing power.

The 220kV to 550kV segment is expected to have the highest CAGR during the forecast period

The 220kV to 550kV segment is expected to have the highest CAGR during the forecast period. 220kV to 550kV digital substation market segment is anticipated to show a high growth rate due to rising investments by companies in the utility sector, chiefly in the transmission infrastructure. These systems are mainly used in space-restricted places such as metropolitan and industrial areas.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to the rising energy demand across the U.S. credited to on-going commercial & industrial infrastructure developments will further drive the regional product penetration. The growth is mainly due to the increased acceptance of digital substations with the presence of well-established players across the region, especially across the U.S. and Canada.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period Asia Pacific digital substation market is expected to grow at a high rate owing to the increasing power allocation networks in countries including India, Singapore, Indonesia, Malaysia, and Taiwan. The province has witnessed an increase in the electricity utilization owing to the huge customer base and fast industrialization. Asia Pacific is witnessing high adoption of digital substations due to the increasing demand for energy to support the local manufacturing units.

Key players in the market

Some of the key players profiled in the Digital Substations Market include Webtrends, AT Internet, Verto Analytics, Talend, Splunk,Oracle, Microsoft, Jumpshot, IBM,HPE, Google, Connexity, SAP, Adobe and Vlocity.

Key Developments:

In April 2022, ABB India had launched its expanded Digital Systems and Digital Substation Products factory in Vadodara, Gujarat. It is situated within ABB India's largest manufacturing campus, and it will meet the demand for digital substation products and solutions in India and other 50 countries.

In September 2019: Siemens announced about the collaboration with Norwegian Distribution system operator Glitre Energi Nett, to build a digital substation to pilot internet of things analytics and applications for power grids. The cloud application will make the previously inaccessible data fully available and help to process grid data for the first time in the cloud with zero engineering effort.

Types Covered:

• Transmission Substation
• Distribution Substation

Voltages Covered:

• Below 66kV Segment
• Up to 110 kV
• Up to 220 kV
• 220-550 kV
• Above 550 kV

Modules Covered:

• Supervisory Control and Data Acquisition (SCADA) Systems
• Hardware
• Fiber Optic Communication Network

End Users Covered:

• Metal
• Oil & Gas
• Transportation
• Utility
• Mining
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Digital Substations Market, By Type

• 5.1 Introduction
• 5.2 Transmission Substation
• 5.3 Distribution Substation

6 Global Digital Substations Market, By Voltage

• 6.1 Introduction
• 6.2 Below 66kV Segment
• 6.3 Up to 110 kV
• 6.4 Up to 220 kV
• 6.5 220-550 kV
• 6.6 Above 550 kV

7 Global Digital Substations Market, By Module

• 7.1 Introduction
• 7.2 Supervisory Control and Data Acquisition (SCADA) Systems
• 7.3 Hardware
  • 7.3.1 Busbars
  • 7.3.2 Protection Devices
    • 7.3.2.1 Condition Monitoring Systems
    • 7.3.2.2 Protective Relays
    • 7.3.2.3 Switchgears
    • 7.3.2.4 Circuit Breakers
  • 7.3.3 Transformers
  • 7.3.4 Interfacing Units
    • 7.3.4.1 Remote Terminal Units
    • 7.3.4.2 Programmable Logic Controllers
    • 7.3.4.3 Human-Machine Interfaces
  • 7.3.5 Other Hardwares
• 7.4 Fiber Optic Communication Network

8 Global Digital Substations Market, By End User

• 8.1 Introduction
• 8.2 Metal
• 8.3 Oil & Gas
• 8.4 Transportation
• 8.5 Utility
  • 8.5.1 Renewables
  • 8.5.2 Non-Renewables
• 8.6 Mining
• 8.7 Other End Users

9 Global Digital Substations Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Thytronic S.p.A.
• 11.2 Fuji Electric Co., Ltd.
• 11.3 ABB Ltd
• 11.4 Siemens Corporation
• 11.5 Schneider Electric S.E.
• 11.6 Cisco Systems, Inc.
• 11.7 Honeywell International Inc.
• 11.8 Eaton Corporation
• 11.9 Emerson Electric Co.
• 11.10 NR Electric Co., Ltd.
• 11.11 Larsen & Toubro Limited
• 11.12 Schweitzer Engineering Laboratories, Inc.
• 11.13 Cadillac Automation and Controls
• 11.14 S&C Electric Company