Global Substation Automation Market Research Report - Forecast to 2027

Global Substation Automation Market Research Report: by Component (Load Tap Controller), Module (Communication Network), Communication Channel (Ethernet, copper wire, power line, and optical fiber communication), Industry (Utility) - Forecast till 2027

ID: MRFR/SEM/0510-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario:


Companies such as Schneider Electric (France), Siemens AG (Germany), ABB Group (Switzerland), General Electric (U.S.), EATON Corp. (U.S.), Larsen & Toubro Limited (India), Power System Engineering, Inc. (U.S.), Texas Instruments (U.S), Toshiba Corporation (Japan), are the leading providers of substation automation solutions in the global market. The growing demand for retrofitting of conventional substations and smart grid are some of the main driving factors of the substation automation market growth. The smart grid helps in reliability and productivity of power systems. On 03rd April 2017, GE signed a contract to deliver four electricity substations to power infrastructure in Saudi Arabia. This contract includes substation automation to regional control centers via SCADA system.


The advanced smart substation automation system is boosting the demand of substation automation market because it is widely used in the applications of power systems. The implementation of conventional protection is vital for substation. The requirement of these system are used for protection and control of these automation. It monitors the equipment’s condition. These systems are integrated with intelligent electronic devices that can protect and control the system and offer high performance remote functions of power system management.


Global Substation Automation Market Segmentation


The global substation automation market is segmented into component, module, communication channel, industry, and region. The component is sub-segmented into recloser controller, capacitor bank controller, smart meter, load tap controller and others. The module is sub-segmented into SCADA, intelligent electronic device, communication network and others. The communication channel segment is sub-segmented into Ethernet, copper wire communication, power line communication, optical fiber communication and others. The industry is sub-segmented into utility, transportation, mining, steel, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.


The global substation automation market is expected to reach USD 51 Billion by the year 2023 at a CAGR of 6%.


Global Substation Automation Market


 Substation Automation Market


Key Players


Some of the prominent players in the global substation automation market are Schneider Electric (France), Siemens AG (Germany), ABB Group (Switzerland), General Electric (U.S.), Tropos Network (U.S.), EATON Corp. (U.S.), Encore Networks (U.S.), Grid Net (U.S.), Cisco Systems, Inc. (U.S.), Cooper Industries (U.S.), Larsen & Toubro Limited (India), Power System Engineering, Inc. (U.S.), Texas Instruments (U.S.), Axiomtek  Co. Ltd (Taiwan),Toshiba Corporation (Japan), Ametek (U.S.), SAE  IT-systems GmbH & Co. KG (Germany), among others.


Regional Analysis


The global substation automation market is studied in the Asia Pacific, North America, Europe, and Rest of the World. In North America, the substation automation market is gaining high market growth due to the increasing popularity of advanced intelligent electronic device and communication technologies, which is propelling the substation automation market growth. Whereas, the European countries are emerging as substation automation markets due to the increasing demand for smart grids and are expected to grow at the highest CAGR over the review period. Asia Pacific countries such as China, Japan, and India are some of the leading regions in the globe in terms of market share.


Competitive Analysis


The global substation automation market appears to be extremely competitive. In order to target, segment, and position their sensors into the global market and to drive the market growth, the companies have to come up with advanced technological solutions to maintain themselves in the competitive landscape. Market leaders are investing in research and development for innovating their products continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, and cost-effective product portfolio.


Intended Audience



  • Associations, organizations, forums, and alliances

  • Cloud service providers

  • Customer experience solution providers

  • Government bodies and departments

  • Substation automation companies

  • Substation automation providers

  • Technical universities

  • System integrators

  • Managed Security Service Providers

  • Professional service providers

  • Research and development companies

  • Market research and consulting firms

  • Solution providers

  • Technology standards organizations

  • Technology investors

  • System Integrators



Frequently Asked Questions (FAQ) :

The global substation automation market is expected to record a substantial market valuation of up to USD 51 billion by 2023.

The global substation automation market is projected to register a moderate 6% CAGR in the forecast period.

The smart meter segment is slated to expand as the fastest-growing segment.

The SCADA module segment is expected to witness substantial growth.

A few major market players operating in the global substation automation market are Schneider Electric (France), Siemens AG (Germany), ABB Group (Switzerland), Ametek (U.S.), Toshiba Corporation (Japan), SAE IT-systems GmbH & Co. KG (Germany), among others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Module

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Substation automation Market

5 Industry Overview of Global Substation automation Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Substation Automation Market By Component

7.1 Introduction

7.2 Recloser Controller

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast By Region, 2020-2027

7.3 Capacitor Bank Controller

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast By Region, 2020-2027

7.4 Smart Meter

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast By Region, 2020-2027

7.5 Load Tap Controller

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast By Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast By Region, 2020-2027

8. Global Substation Automation Market By Module

8.1 Introduction

8.2 SCADA

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast By Region, 2020-2027

8.3 Intelligent Electronic Device

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast By Region, 2020-2027

8.4 Communication Network

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast By Region, 2020-2027

8.5 Others

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast By Region, 2020-2027

9 Global Substation Automation Market By Communication Channel

9.1 Introduction

9.2 Ethernet

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast By Region, 2020-2027

9.3 Copper Wire Communication

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast By Region, 2020-2027

9.4 Power Line Communication

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast By Region, 2020-2027

9.5 Optical Fiber Communication

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast By Region, 2020-2027

9.6 Others

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast By Region, 2020-2027

10 Global Substation Automation Market By Industry

10.1 Introduction

10.2 Utility

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast By Region, 2020-2027

10.3 Transportation

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast By Region, 2020-2027

10.4 Mining

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast By Region, 2020-2027

10.5 Steel

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 Others

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

11. Global Substation automation Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Component , 2020-2027

11.2.3 Market Estimates & Forecast by Module, 2020-2027

11.2.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.5 U.S.A

11.2.5.1 Market Estimates & Forecast, 2020-2027

11.2.5.2 Market Estimates & Forecast by Component , 2020-2027

11.2.5.3 Market Estimates & Forecast by Module, 2020-2027

11.2.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.6 Mexico

11.2.6.1 Market Estimates & Forecast, 2020-2027

11.2.6.2 Market Estimates & Forecast by Component , 2020-2027

11.2.6.3 Market Estimates & Forecast by Module, 2020-2027

11.2.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.7 Canada

11.2.7.1 Market Estimates & Forecast, 2020-2027

11.2.7.2 Market Estimates & Forecast by Component , 2020-2027

11.2.7.3 Market Estimates & Forecast by Module, 2020-2027

11.2.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Component , 2020-2027

11.3.3 Market Estimates & Forecast by Module, 2020-2027

11.3.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.5 Germany

11.3.5.1 Market Estimates & Forecast, 2020-2027

11.3.5.2 Market Estimates & Forecast by Component , 2020-2027

11.3.5.3 Market Estimates & Forecast by Module, 2020-2027

11.3.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.6. France

11.3.6.1 Market Estimates & Forecast, 2020-2027

11.3.6.2 Market Estimates & Forecast by Component , 2020-2027

11.3.6.3 Market Estimates & Forecast by Module, 2020-2027

11.2.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.7 Italy

11.3.7.1 Market Estimates & Forecast, 2020-2027

11.3.7.2 Market Estimates & Forecast by Component , 2020-2027

11.3.7.3 Market Estimates & Forecast by Module, 2020-2027

11.3.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.8 U.K

11.3. 8.1 Market Estimates & Forecast, 2020-2027

11.3. 8.2 Market Estimates & Forecast by Component , 2020-2027

11.3. 8.3 Market Estimates & Forecast by Module, 2020-2027

11.3. 8.4 Market Estimates & Forecast by Industry, 2020-2027

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Component , 2020-2027

11.4.3 Market Estimates & Forecast by Module, 2020-2027

11.4.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.5 China

11.4.5.1 Market Estimates & Forecast, 2020-2027

11.4.5.2 Market Estimates & Forecast by Component , 2020-2027

11.4.5.3 Market Estimates & Forecast by Module, 2020-2027

11.4.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.6 India

11.4.6.1 Market Estimates & Forecast, 2020-2027

11.4.6.2 Market Estimates & Forecast by Component , 2020-2027

11.4.6.3 Market Estimates & Forecast by Module, 2020-2027

11.4.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.7 Japan

11.4.7.1 Market Estimates & Forecast, 2020-2027

11.4.7.2 Market Estimates & Forecast by Component , 2020-2027

11.4.7.3 Market Estimates & Forecast by Module, 2020-2027

11.4.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.8 Rest of Asia Pacific

11.4.8.1 Market Estimates & Forecast, 2020-2027

11.4.8.2 Market Estimates & Forecast by Component , 2020-2027

11.4.8.3 Market Estimates & Forecast by Module, 2020-2027

11.4.8.4 Market Estimates & Forecast by Industry, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Component , 2020-2027

11.5.3 Market Estimates & Forecast by Module, 2020-2027

11.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.5.5 The Middle East & Africa

11.5.5.1 Market Estimates & Forecast, 2020-2027

11.5.5.2 Market Estimates & Forecast by Component , 2020-2027

11.5.5.3 Market Estimates & Forecast by Module, 2020-2027

11.5.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.5.6 Latin Countries

11.5.6.1 Market Estimates & Forecast, 2020-2027

11.5.6.2 Market Estimates & Forecast by Component , 2020-2027

11.5.6.3 Market Estimates & Forecast by Module, 2020-2027

11.5.6.4 Market Estimates & Forecast by Industry, 2020-2027 

12. Company Landscape

13. Company Profiles

13.1 Schneider Electric

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Siemens AG

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 ABB Group

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 General Electric

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 Tropos Network

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 EATON Corp.

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 Encore Networks

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.8 Grid Net

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.9 Cooper Industries

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 Larsen & Toubro Limited

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.11 Power System Engineering, Inc.

13.11.1 Company Overview

13.11.2 Product/Business Segment Overview

13.11.3 Financial Updates

13.11.4 Key Developments

13.12 SAE IT-systems GmbH & Co. KG

13.12.1 Company Overview

13.12.2 Product/Business Segment Overview

13.12.3 Financial Updates

13.12.4 Key Developments

13.13 Others

13.13.1 Company Overview

13.13.2 Product/Business Segment Overview

13.13.3 Financial Updates

13.13.4 Key Developments

14 Conclusion

LIST OF TABLES

Table 1 Global Substation automation Market: By Region, 2020-2027

Table 2 North America Substation automation Market: By Country, 2020-2027

Table 3 Europe Substation automation Market: By Country, 2020-2027

Table 4 Asia Pacific Substation automation Market: By Country, 2020-2027

Table 5 The Middle East & Africa Substation automation Market: By Country, 2020-2027

Table 6 Latin America Substation automation Market: By Country, 2020-2027

Table 7 Global Substation automation by Component Market: By Regions, 2020-2027

Table 8 North America Substation automation by Component Market: By Country, 2020-2027

Table 9 Europe Substation automation by Component Market: By Country, 2020-2027

Table 10 Asia Pacific Substation automation by Component Market: By Country, 2020-2027

Table 11 The Middle East & Africa Substation automation by Component Market: By Country, 2020-2027

Table 12 Latin America Substation automation by Component Market: By Country, 2020-2027

Table 13 Global Substation automation by Industry Market: By Regions, 2020-2027

Table 14 North America Substation automation by Industry Market: By Country, 2020-2027

Table 15 Europe Substation automation by Industry Market: By Country, 2020-2027

Table 16 Asia Pacific Substation automation by Industry Market: By Country, 2020-2027

Table 17 The Middle East & Africa Substation automation by Industry Market: By Country, 2020-2027

Table 18 Latin America Substation automation by Industry Market: By Country, 2020-2027

Table 19 North America Substation automation for Component Market: By Country, 2020-2027

Table 20 Europe Substation automation for Component Market: By Country, 2020-2027

Table 21 Asia Pacific Substation automation for Component Market: By Country, 2020-2027

Table 22 The Middle East & Africa Substation automation for Component Market: By Country, 2020-2027

Table 23 Latin America Substation automation for Component Market: By Country, 2020-2027

Table 24 Global Component Market: By Region, 2020-2027

Table 25 Global Component Market: By Region, 2020-2027

Table 26 Global Component Market: By Region, 2020-2027

Table 27 North America Substation automation Market, By Country

Table 28 North America Substation automation Market, By Component

Table 29 North America Substation automation Market, By Component

Table 30 North America Substation automation Market, By Industry

Table31 Europe: Substation automation Market, By Country

Table 32 Europe: Substation automation Market, By Component

Table 33 Europe: Substation automation Market, By Component

Table 34 Europe: Substation automation Market, By Industry

Table 35 Asia Pacific: Substation automation Market, By Country

Table 36 Asia Pacific: Substation automation Market, By Component

Table 37 Asia Pacific: Substation automation Market, By Component

Table 38 Asia Pacific: Substation automation Market, By Industry

Table 39 The Middle East & Africa: Substation automation Market, By Country

Table 40 The Middle East & Africa Substation automation Market, By Component

Table 41 The Middle East & Africa: Substation automation Market, By Component

Table 42 The Middle East & Africa: Substation automation Market, By Industry

Table 43 Latin America: Substation automation Market, By Country

Table 44 Latin America Substation automation Market, By Component

Table 45 Latin America: Substation automation Market, By Component

Table 46 Latin America: Substation automation Market, By Industry

LIST OF FIGURES

FIGURE 1 Global Substation automation market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Substation automation Market

FIGURE 4 Value Chain of Global Substation automation Market

FIGURE 5 Share of Global Substation automation Market in 2020, by country (in %)

FIGURE 6 Global Substation automation Market, 2020-2027,

FIGURE 7 Sub segments of Component

FIGURE 8 Global Substation automation Market size by Module , 2020

FIGURE 9 Share of Global Substation automation Market by Component , 2020 TO 2027

FIGURE 10 Global Substation automation Market size by Module , 2020

FIGURE 11 Share of Global Substation automation Market by Component , 2020 TO 2027

FIGURE 12 Global Substation automation Market size by Module, 2020 TO 2027

FIGURE 13 Global Substation automation Market size by Module, 2020 TO 2027

FIGURE 13 Share of Global Substation automation Market by Module, 2020 TO 2027