The global electric power substation automation market is expected to grow at a CAGR of around 6.6% during 2024-2033. This report on global electric power substation automation market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global electric power substation automation market by segmenting the market based on offering, type, component, communication and region. Also, detailed profiles of companies operating in the electric power substation automation market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Need to Upgrade the Existing Networks

Market Challenges
• High Installation Costs

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Offering
• Software
• Hardware
• Services

Market by Type
• Transmission
• Distribution

Market by Component
• Intelligent Electronic Devices (IEDs)
• Programmable logic controller (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Other Components

Market by Communication
• Wired
• Wireless

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa