As the global economy mends, the 2021 growth of Digital Substation will have significant change from previous year. According to our latest study, the global Digital Substation market size is USD million in 2022 from USD 1846.4 million in 2021, with a change of % between 2021 and 2022. The global Digital Substation market size will reach USD 2760.5 million in 2028, growing at a CAGR of 5.9% over the analysis period.
The United States Digital Substation market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Digital Substation market, reaching US$ million by the year 2028. As for the Europe Digital Substation landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Digital Substation players cover ABB, General Electric, Siemens, and Schneider Electric, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Substation market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Up to 110 kV
110 to 330 kV
Above 330 kV
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Power Utility
Industrial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
ABB
General Electric
Siemens
Schneider Electric
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Substation Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for Digital Substation by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for Digital Substation by Country/Region, 2017, 2022 & 2028
2.2 Digital Substation Segment by Type
2.2.1 Up to 110 kV
2.2.2 110 to 330 kV
2.2.3 Above 330 kV
2.3 Digital Substation Sales by Type
2.3.1 Global Digital Substation Sales Market Share by Type (2017-2022)
2.3.2 Global Digital Substation Revenue and Market Share by Type (2017-2022)
2.3.3 Global Digital Substation Sale Price by Type (2017-2022)
2.4 Digital Substation Segment by Application
2.4.1 Power Utility
2.4.2 Industrial
2.5 Digital Substation Sales by Application
2.5.1 Global Digital Substation Sale Market Share by Application (2017-2022)
2.5.2 Global Digital Substation Revenue and Market Share by Application (2017-2022)
2.5.3 Global Digital Substation Sale Price by Application (2017-2022)
3 Global Digital Substation by Company
3.1 Global Digital Substation Breakdown Data by Company
3.1.1 Global Digital Substation Annual Sales by Company (2020-2022)
3.1.2 Global Digital Substation Sales Market Share by Company (2020-2022)
3.2 Global Digital Substation Annual Revenue by Company (2020-2022)
3.2.1 Global Digital Substation Revenue by Company (2020-2022)
3.2.2 Global Digital Substation Revenue Market Share by Company (2020-2022)
3.3 Global Digital Substation Sale Price by Company
3.4 Key Manufacturers Digital Substation Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Digital Substation Product Location Distribution
3.4.2 Players Digital Substation Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Digital Substation by Geographic Region
4.1 World Historic Digital Substation Market Size by Geographic Region (2017-2022)
4.1.1 Global Digital Substation Annual Sales by Geographic Region (2017-2022)
4.1.2 Global Digital Substation Annual Revenue by Geographic Region
4.2 World Historic Digital Substation Market Size by Country/Region (2017-2022)
4.2.1 Global Digital Substation Annual Sales by Country/Region (2017-2022)
4.2.2 Global Digital Substation Annual Revenue by Country/Region
4.3 Americas Digital Substation Sales Growth
4.4 APAC Digital Substation Sales Growth
4.5 Europe Digital Substation Sales Growth
4.6 Middle East & Africa Digital Substation Sales Growth
5 Americas
5.1 Americas Digital Substation Sales by Country
5.1.1 Americas Digital Substation Sales by Country (2017-2022)
5.1.2 Americas Digital Substation Revenue by Country (2017-2022)
5.2 Americas Digital Substation Sales by Type
5.3 Americas Digital Substation Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Substation Sales by Region
6.1.1 APAC Digital Substation Sales by Region (2017-2022)
6.1.2 APAC Digital Substation Revenue by Region (2017-2022)
6.2 APAC Digital Substation Sales by Type
6.3 APAC Digital Substation Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Digital Substation by Country
7.1.1 Europe Digital Substation Sales by Country (2017-2022)
7.1.2 Europe Digital Substation Revenue by Country (2017-2022)
7.2 Europe Digital Substation Sales by Type
7.3 Europe Digital Substation Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Substation by Country
8.1.1 Middle East & Africa Digital Substation Sales by Country (2017-2022)
8.1.2 Middle East & Africa Digital Substation Revenue by Country (2017-2022)
8.2 Middle East & Africa Digital Substation Sales by Type
8.3 Middle East & Africa Digital Substation Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Digital Substation
10.3 Manufacturing Process Analysis of Digital Substation
10.4 Industry Chain Structure of Digital Substation
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Digital Substation Distributors
11.3 Digital Substation Customer
12 World Forecast Review for Digital Substation by Geographic Region
12.1 Global Digital Substation Market Size Forecast by Region
12.1.1 Global Digital Substation Forecast by Region (2023-2028)
12.1.2 Global Digital Substation Annual Revenue Forecast by Region (2023-2028)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Digital Substation Forecast by Type
12.7 Global Digital Substation Forecast by Application
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Digital Substation Product Offered
13.1.3 ABB Digital Substation Sales, Revenue, Price and Gross Margin (2020-2022)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 General Electric
13.2.1 General Electric Company Information
13.2.2 General Electric Digital Substation Product Offered
13.2.3 General Electric Digital Substation Sales, Revenue, Price and Gross Margin (2020-2022)
13.2.4 General Electric Main Business Overview
13.2.5 General Electric Latest Developments
13.3 Siemens
13.3.1 Siemens Company Information
13.3.2 Siemens Digital Substation Product Offered
13.3.3 Siemens Digital Substation Sales, Revenue, Price and Gross Margin (2020-2022)
13.3.4 Siemens Main Business Overview
13.3.5 Siemens Latest Developments
13.4 Schneider Electric
13.4.1 Schneider Electric Company Information
13.4.2 Schneider Electric Digital Substation Product Offered
13.4.3 Schneider Electric Digital Substation Sales, Revenue, Price and Gross Margin (2020-2022)
13.4.4 Schneider Electric Main Business Overview
13.4.5 Schneider Electric Latest Developments
14 Research Findings and Conclusion
List of Tables
Table 1. Digital Substation Annual Sales CAGR by Geographic Region (2017, 2022 & 2028) & ($ millions)
Table 2. Digital Substation Annual Sales CAGR by Country/Region (2017, 2022 & 2028) & ($ millions)
Table 3. Major Players of Up to 110 kV
Table 4. Major Players of 110 to 330 kV
Table 5. Major Players of Above 330 kV
Table 6. Global Digital Substation Sales by Type (2017-2022) & (Units)
Table 7. Global Digital Substation Sales Market Share by Type (2017-2022)
Table 8. Global Digital Substation Revenue by Type (2017-2022) & ($ million)
Table 9. Global Digital Substation Revenue Market Share by Type (2017-2022)
Table 10. Global Digital Substation Sale Price by Type (2017-2022) & (M USD/Unit)
Table 11. Global Digital Substation Sales by Application (2017-2022) & (Units)
Table 12. Global Digital Substation Sales Market Share by Application (2017-2022)
Table 13. Global Digital Substation Revenue by Application (2017-2022)
Table 14. Global Digital Substation Revenue Market Share by Application (2017-2022)
Table 15. Global Digital Substation Sale Price by Application (2017-2022) & (M USD/Unit)
Table 16. Global Digital Substation Sales by Company (2020-2022) & (Units)
Table 17. Global Digital Substation Sales Market Share by Company (2020-2022)
Table 18. Global Digital Substation Revenue by Company (2020-2022) ($ Millions)
Table 19. Global Digital Substation Revenue Market Share by Company (2020-2022)
Table 20. Global Digital Substation Sale Price by Company (2020-2022) & (M USD/Unit)
Table 21. Key Manufacturers Digital Substation Producing Area Distribution and Sales Area
Table 22. Players Digital Substation Products Offered
Table 23. Digital Substation Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
Table 24. New Products and Potential Entrants
Table 25. Mergers & Acquisitions, Expansion
Table 26. Global Digital Substation Sales by Geographic Region (2017-2022) & (Units)
Table 27. Global Digital Substation Sales Market Share Geographic Region (2017-2022)
Table 28. Global Digital Substation Revenue by Geographic Region (2017-2022) & ($ millions)
Table 29. Global Digital Substation Revenue Market Share by Geographic Region (2017-2022)
Table 30. Global Digital Substation Sales by Country/Region (2017-2022) & (Units)
Table 31. Global Digital Substation Sales Market Share by Country/Region (2017-2022)
Table 32. Global Digital Substation Revenue by Country/Region (2017-2022) & ($ millions)
Table 33. Global Digital Substation Revenue Market Share by Country/Region (2017-2022)
Table 34. Americas Digital Substation Sales by Country (2017-2022) & (Units)
Table 35. Americas Digital Substation Sales Market Share by Country (2017-2022)
Table 36. Americas Digital Substation Revenue by Country (2017-2022) & ($ Millions)
Table 37. Americas Digital Substation Revenue Market Share by Country (2017-2022)
Table 38. Americas Digital Substation Sales by Type (2017-2022) & (Units)
Table 39. Americas Digital Substation Sales Market Share by Type (2017-2022)
Table 40. Americas Digital Substation Sales by Application (2017-2022) & (Units)
Table 41. Americas Digital Substation Sales Market Share by Application (2017-2022)
Table 42. APAC Digital Substation Sales by Region (2017-2022) & (Units)
Table 43. APAC Digital Substation Sales Market Share by Region (2017-2022)
Table 44. APAC Digital Substation Revenue by Region (2017-2022) & ($ Millions)
Table 45. APAC Digital Substation Revenue Market Share by Region (2017-2022)
Table 46. APAC Digital Substation Sales by Type (2017-2022) & (Units)
Table 47. APAC Digital Substation Sales Market Share by Type (2017-2022)
Table 48. APAC Digital Substation Sales by Application (2017-2022) & (Units)
Table 49. APAC Digital Substation Sales Market Share by Application (2017-2022)
Table 50. Europe Digital Substation Sales by Country (2017-2022) & (Units)
Table 51. Europe Digital Substation Sales Market Share by Country (2017-2022)
Table 52. Europe Digital Substation Revenue by Country (2017-2022) & ($ Millions)
Table 53. Europe Digital Substation Revenue Market Share by Country (2017-2022)
Table 54. Europe Digital Substation Sales by Type (2017-2022) & (Units)
Table 55. Europe Digital Substation Sales Market Share by Type (2017-2022)
Table 56. Europe Digital Substation Sales by Application (2017-2022) & (Units)
Table 57. Europe Digital Substation Sales Market Share by Application (2017-2022)
Table 58. Middle East & Africa Digital Substation Sales by Country (2017-2022) & (Units)
Table 59. Middle East & Africa Digital Substation Sales Market Share by Country (2017-2022)
Table 60. Middle East & Africa Digital Substation Revenue by Country (2017-2022) & ($ Millions)
Table 61. Middle East & Africa Digital Substation Revenue Market Share by Country (2017-2022)
Table 62. Middle East & Africa Digital Substation Sales by Type (2017-2022) & (Units)
Table 63. Middle East & Africa Digital Substation Sales Market Share by Type (2017-2022)
Table 64. Middle East & Africa Digital Substation Sales by Application (2017-2022) & (Units)
Table 65. Middle East & Africa Digital Substation Sales Market Share by Application (2017-2022)
Table 66. Key Market Drivers & Growth Opportunities of Digital Substation
Table 67. Key Market Challenges & Risks of Digital Substation
Table 68. Key Industry Trends of Digital Substation
Table 69. Digital Substation Raw Material
Table 70. Key Suppliers of Raw Materials
Table 71. Digital Substation Distributors List
Table 72. Digital Substation Customer List
Table 73. Global Digital Substation Sales Forecast by Region (2023-2028) & (Units)
Table 74. Global Digital Substation Sales Market Forecast by Region
Table 75. Global Digital Substation Revenue Forecast by Region (2023-2028) & ($ millions)
Table 76. Global Digital Substation Revenue Market Share Forecast by Region (2023-2028)
Table 77. Americas Digital Substation Sales Forecast by Country (2023-2028) & (Units)
Table 78. Americas Digital Substation Revenue Forecast by Country (2023-2028) & ($ millions)
Table 79. APAC Digital Substation Sales Forecast by Region (2023-2028) & (Units)
Table 80. APAC Digital Substation Revenue Forecast by Region (2023-2028) & ($ millions)
Table 81. Europe Digital Substation Sales Forecast by Country (2023-2028) & (Units)
Table 82. Europe Digital Substation Revenue Forecast by Country (2023-2028) & ($ millions)
Table 83. Middle East & Africa Digital Substation Sales Forecast by Country (2023-2028) & (Units)
Table 84. Middle East & Africa Digital Substation Revenue Forecast by Country (2023-2028) & ($ millions)
Table 85. Global Digital Substation Sales Forecast by Type (2023-2028) & (Units)
Table 86. Global Digital Substation Sales Market Share Forecast by Type (2023-2028)
Table 87. Global Digital Substation Revenue Forecast by Type (2023-2028) & ($ Millions)
Table 88. Global Digital Substation Revenue Market Share Forecast by Type (2023-2028)
Table 89. Global Digital Substation Sales Forecast by Application (2023-2028) & (Units)
Table 90. Global Digital Substation Sales Market Share Forecast by Application (2023-2028)
Table 91. Global Digital Substation Revenue Forecast by Application (2023-2028) & ($ Millions)
Table 92. Global Digital Substation Revenue Market Share Forecast by Application (2023-2028)
Table 93. ABB Basic Information, Digital Substation Manufacturing Base, Sales Area and Its Competitors
Table 94. ABB Digital Substation Product Offered
Table 95. ABB Digital Substation Sales (Units), Revenue ($ Million), Price (M USD/Unit) and Gross Margin (2020-2022)
Table 96. ABB Main Business
Table 97. ABB Latest Developments
Table 98. General Electric Basic Information, Digital Substation Manufacturing Base, Sales Area and Its Competitors
Table 99. General Electric Digital Substation Product Offered
Table 100. General Electric Digital Substation Sales (Units), Revenue ($ Million), Price (M USD/Unit) and Gross Margin (2020-2022)
Table 101. General Electric Main Business
Table 102. General Electric Latest Developments
Table 103. Siemens Basic Information, Digital Substation Manufacturing Base, Sales Area and Its Competitors
Table 104. Siemens Digital Substation Product Offered
Table 105. Siemens Digital Substation Sales (Units), Revenue ($ Million), Price (M USD/Unit) and Gross Margin (2020-2022)
Table 106. Siemens Main Business
Table 107. Siemens Latest Developments
Table 108. Schneider Electric Basic Information, Digital Substation Manufacturing Base, Sales Area and Its Competitors
Table 109. Schneider Electric Digital Substation Product Offered
Table 110. Schneider Electric Digital Substation Sales (Units), Revenue ($ Million), Price (M USD/Unit) and Gross Margin (2020-2022)
Table 111. Schneider Electric Main Business
Table 112. Schneider Electric Latest Developments
List of Figures
Figure 1. Picture of Digital Substation
Figure 2. Digital Substation Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Digital Substation Sales Growth Rate 2017-2028 (Units)
Figure 7. Global Digital Substation Revenue Growth Rate 2017-2028 ($ Millions)
Figure 8. Digital Substation Sales by Region (2021 & 2028) & ($ millions)
Figure 9. Product Picture of Up to 110 kV
Figure 10. Product Picture of 110 to 330 kV
Figure 11. Product Picture of Above 330 kV
Figure 12. Global Digital Substation Sales Market Share by Type in 2021
Figure 13. Global Digital Substation Revenue Market Share by Type (2017-2022)
Figure 14. Digital Substation Consumed in Power Utility
Figure 15. Global Digital Substation Market: Power Utility (2017-2022) & (Units)
Figure 16. Digital Substation Consumed in Industrial
Figure 17. Global Digital Substation Market: Industrial (2017-2022) & (Units)
Figure 18. Global Digital Substation Sales Market Share by Application (2017-2022)
Figure 19. Global Digital Substation Revenue Market Share by Application in 2021
Figure 20. Digital Substation Revenue Market by Company in 2021 ($ Million)
Figure 21. Global Digital Substation Revenue Market Share by Company in 2021
Figure 22. Global Digital Substation Sales Market Share by Geographic Region (2017-2022)
Figure 23. Global Digital Substation Revenue Market Share by Geographic Region in 2021
Figure 24. Global Digital Substation Sales Market Share by Region (2017-2022)
Figure 25. Global Digital Substation Revenue Market Share by Country/Region in 2021
Figure 26. Americas Digital Substation Sales 2017-2022 (Units)
Figure 27. Americas Digital Substation Revenue 2017-2022 ($ Millions)
Figure 28. APAC Digital Substation Sales 2017-2022 (Units)
Figure 29. APAC Digital Substation Revenue 2017-2022 ($ Millions)
Figure 30. Europe Digital Substation Sales 2017-2022 (Units)
Figure 31. Europe Digital Substation Revenue 2017-2022 ($ Millions)
Figure 32. Middle East & Africa Digital Substation Sales 2017-2022 (Units)
Figure 33. Middle East & Africa Digital Substation Revenue 2017-2022 ($ Millions)
Figure 34. Americas Digital Substation Sales Market Share by Country in 2021
Figure 35. Americas Digital Substation Revenue Market Share by Country in 2021
Figure 36. United States Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 37. Canada Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 38. Mexico Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 39. Brazil Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 40. APAC Digital Substation Sales Market Share by Region in 2021
Figure 41. APAC Digital Substation Revenue Market Share by Regions in 2021
Figure 42. China Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 43. Japan Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 44. South Korea Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 45. Southeast Asia Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 46. India Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 47. Australia Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 48. Europe Digital Substation Sales Market Share by Country in 2021
Figure 49. Europe Digital Substation Revenue Market Share by Country in 2021
Figure 50. Germany Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 51. France Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 52. UK Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 53. Italy Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 54. Russia Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 55. Middle East & Africa Digital Substation Sales Market Share by Country in 2021
Figure 56. Middle East & Africa Digital Substation Revenue Market Share by Country in 2021
Figure 57. Egypt Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 58. South Africa Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 59. Israel Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 60. Turkey Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 61. GCC Country Digital Substation Revenue Growth 2017-2022 ($ Millions)
Figure 62. Manufacturing Cost Structure Analysis of Digital Substation in 2021
Figure 63. Manufacturing Process Analysis of Digital Substation
Figure 64. Industry Chain Structure of Digital Substation
Figure 65. Channels of Distribution
Figure 66. Distributors Profiles