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Utility Scale Digital Substation Market Share

  • Report ID: GMI9240
  • Published Date: Apr 2024
  • Report Format: PDF
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Utility Scale Digital Substation Market Share

Utility Scale Digital Substation Company Market Share Analysis, 2023

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ABB Group holds a considerable share in the market due to its diverse product portfolio, which caters to various aspects of digital substation solutions. With a strong global presence in Europe, Asia Pacific, and North America, the company can effectively meet unique demands of international customers. ABB's commitment to technological innovation allows it to provide cutting-edge solutions that enhance efficiency, reliability, and safety in utility-scale digital substations.
 

Utility Scale Digital Substation Market Companies

Some of the major key players operating across the utility scale digital substation industry are:

  • ABB
  • Cisco Systems, Inc.
  • CG Power and Industrial Solutions Ltd.
  • Efacec
  • Eaton
  • GE Grid Solutions, LLC
  • Hubbell
  • Hitachi Energy
  • Locamation
  • Larson & Toubro Limited
  • NR Electric Co. Ltd.
  • Netcontrol Group
  • Powell Industries
  • Rittal GmbH & Co. KG
  • Siemens Energy
  • Schneider Electric SE
  • Toshiba Energy Systems & Solutions Corporation
Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of utility scale digital substation was reached USD 3.6 billion in 2023 and will grow at 7.1% CAGR from 2024 to 2032, driven by the demand for reliable power transmission.

Utility scale digital substation industry from the electrical system component segment will surpass USD 2.2 billion by 2032, owing to its substantial role in power transmission and distribution.

Asia Pacific utility scale digital substation market is set to cross USD 2.4 billion by 2032, propelled by the rapid urbanization and population growth.

ABB, Cisco Systems, Inc., CG Power and Industrial Solutions Ltd., Efacec, Eaton, GE Grid Solutions, LLC, Hubbell, Hitachi Energy, and Locamation among others.

Utility Scale Digital Substation Market Scope

  • Utility Scale Digital Substation Market Size
  • Utility Scale Digital Substation Market Trends
  • Utility Scale Digital Substation Market Analysis
  • Utility Scale Digital Substation Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 17
    • Tables & Figures: 20
    • Countries covered: 34
    • Pages: 120
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