Who are the key players in low voltage substation industry?

Some of the major players in the industry include ABB, Alstom, Belden, Cisco Systems, Eaton, Efacec, General Electric, Grid to Great, Hitachi Energy, L&T Electrical and Automation, Mitsubishi Electric, Netcontrol Group, Open System International, Rockwell Automation.

How big is the low voltage substation market?

The market size of low voltage substation was valued at USD 42.3 billion in 2024 and is expected to reach around USD 52.2 billion by 2034, growing at 1.9% CAGR through 2034.

What will be the size of conventional substation segment in the low voltage substation industry?

The conventional substation segment is anticipated to cross USD 47.6 billion by 2034.

How much is the U.S. low voltage substation market worth in 2024?

The U.S. market of low voltage substation was worth over USD 5 billion in 2024.

Low Voltage Substation Market Share

Report ID: GMI10006

Published Date: March 2025

Report Format: PDF

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Low Voltage Substation Company Market Share

ABB holds a significant share in the low voltage substation market due to its innovative solutions and extensive global presence. A leader in digital technologies, ABB offers advanced substation automation systems, digital substations, and eco-efficient components. These solutions enhance grid reliability, efficiency, and sustainability, meeting the evolving demands of urbanization, industrialization, and renewable energy integration worldwide. ABB's commitment to innovation and reliability solidifies its position as a key player in the low voltage substation sector.

Low Voltage Substation Companies

Some of the key market players operating across the low voltage substation industry are:

ABB
AF Switchgear Ltd
AK Transformers
Boerstn Electric Co.,Lt
Cisco Systems, Inc.
DOHO Electric
Eaton
Efacec
EVR Power
General Electric
Henan Fengyuan Power Technology Co.,Ltd.
Hitachi Energy Ltd.
Kexunan Electrical Technology Co., Ltd.
Locamation
Netcontrol Group
Rockwell Automation, Inc.
Schneider Electric
Shenheng Power Equipment Co., Ltd.
Siemens
Tesco Automation Inc.
Texas Instruments Incorporated
TMEIC
V POWER
Yueqing Luban Technology Co., Ltd.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Question(FAQ) :

Who are the key players in low voltage substation industry?: Some of the major players in the industry include ABB, Alstom, Belden, Cisco Systems, Eaton, Efacec, General Electric, Grid to Great, Hitachi Energy, L&T Electrical and Automation, Mitsubishi Electric, Netcontrol Group, Open System International, Rockwell Automation.
How big is the low voltage substation market?: The market size of low voltage substation was valued at USD 42.3 billion in 2024 and is expected to reach around USD 52.2 billion by 2034, growing at 1.9% CAGR through 2034.
What will be the size of conventional substation segment in the low voltage substation industry?: The conventional substation segment is anticipated to cross USD 47.6 billion by 2034.
How much is the U.S. low voltage substation market worth in 2024?: The U.S. market of low voltage substation was worth over USD 5 billion in 2024.

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Authors: Ankit Gupta, Utkarsh Mahajan

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Premium Report Details

Base Year: 2024

Companies covered: 20

Tables & Figures: 27

Countries covered: 20

Pages: 128

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Low Voltage Substation Market Share

Low Voltage Substation Company Market Share

Low Voltage Substation Companies

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