Global Digital Substation Marke

The Global Digital Substation Market was valued at USD 5.86 billion in 2016 and is projected to reach USD 11.67 billion by 2025, growing at a CAGR of 7.95% from 2017 to 2025.

Digital Substations is the combination of automation, digital analytics and monitoring capabilities embedded in power-systems management for powergrids. Its applications include - overage power management, digital monitoring, substation digital transformers and more. It provides real-time power-grid management for faster and better capabilities. Digital Substations enable electric power utilities to increase productivity, reduce footprint, increase functionality, improve the reliability of assets and, crucially, improve safety for service personnel.

Sample Infographics:



Market Dynamics:
1. Market Drivers
1.1 Increasing demand for renewable energy projects in market
1.2 Rising demand for battery technology to generate electricity
1.3 Reduces maintenance costs and improved safety
1.4 Growing infrastructure development in smart cities
1.5 Growing demand to replace traditional substation infrastructure
1.6 Increasing power demand with limited space availability

2. Market Restraints
2.1 Controlling Cybersecurity risks
2.2 High initial investment cost

Market Segmentation:
The Global Digital Substation Market is segmented into type, module, voltage, vertical, and region.

1. Type:
1.1 Distribution substation
1.2 Transmission substation

2. By Module:
2.1 Fiber optic communication network
2.2 Supervisory control and data acquisition
2.3 Hardware

3. By Voltage:
3.1 Up to 220 kV
3.2 220 kV to 550 kV
3.3 Above 550 kV

4. By Vertical:
4.1 Transportation
4.2 Mining
4.3 Metal
4.4 Utility
4.5 Oil & Gas
4.6 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. General Electric
2. Siemens
3. Schneider Electric
4. Honeywell
5. ABB
6. Larsen & Toubro
7. Emerson
8. Cisco Systems
9. Eaton
10. NR Electric
11. Cadillac Automation and Controls
12. I-Tor
13. Yamal LNG
14. Tekvel
15. Igrid T&D

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Digital Substation Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
1 INTRODUCTION OF GLOBAL DIGITAL SUBSTATION MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

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
4.5 Regulatory Framework

5 GLOBAL DIGITAL SUBSTATION MARKET BY TYPE
5.1 Distribution substation
5.2 Transmission substation

6 GLOBAL DIGITAL SUBSTATION MARKET BY MODULE
6.1 Fiber optic communication network
6.2 Supervisory control and data acquisition
6.3 Hardware

7 GLOBAL DIGITAL SUBSTATION MARKET BY VOLTAGE
7.1 Up to 220 kV
7.2 220 kV to 550 kV
7.3 Above 550 kV

8 GLOBAL DIGITAL SUBSTATION MARKET BY VERTICAL
8.1 Transportation
8.2 Mining
8.3 Metal
8.4 Utility
8.5 Oil & Gas
8.6 Others

9 GLOBAL DIGITAL SUBSTATION MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025

10 GLOBAL DIGITAL SUBSTATION MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies

11 COMPANY PROFILES
11.1 General Electric
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments

11.2 Siemens
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments

11.3 Schneider Electric
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments

11.4 Honeywell
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments

11.5 ABB
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments

11.6 Larsen & Toubro
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments

11.7 Emerson
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments

11.8 Cisco Systems
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments

11.9 Eaton
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments

11.10 NR Electric
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments

11.11 Cadillac Automation and Controls
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments

11.12 I-Tor
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments

11.13 Yamal LNG
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments

11.14 Tekvel
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments

11.15 Igrid T&D
11.15.1 Overview
11.15.2 Financial Performance
11.15.3 Product Outlook
11.15.4 Key Developments

12 Appendix
12.1 Related Reports

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