MARKET INTRODUCTION
Data from Intelligent Electronic Devices is used in substation automation. It refers to the ability to regulate and automate substation capabilities as well as power system components using commands from distant users. The rise in global power demand, as well as the rise of smart grids and the need to upgrade current networks, are driving the growth of the substation automation market.
MARKET SCOPE
The "Global Substation automation Market Analysis to 2028" is a specialized and in-depth study of the substation automation Market with a special focus on the global market trend analysis. The report aims to provide an overview of substation automation market with detailed market segmentation by module, offering, type, installation type and end-user. The global substation automation market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading substation automation market player and offers key trends and opportunities in the substation automation market.
MARKET SEGMENTATION
Based on module the market is segmented as, intelligent electronic devices, communication networks, SCADA systems.
On the basis of offering the market is segmented as, hardware, software, services.
Based on type the market is segmented as, transmission substation and distribution substation.
On the basis of installation type the market is segmented as, retrofit installation, new installation.
Based on end-user the market is segmented into, utility, steel, mining, oil and gas, transportation, others.
MARKET DYNAMICS
Drivers
- The rise in global power demand, as well as the rise of smart grids and the need to upgrade current networks, are driving the growth of the substation automation market.
- Utilization of renewable and non-conventional energy resources, as well as advancements in communication technologies.
- Advancement in technology as well as advancements in smart substation automation systems.
Restraints
- The substation automation market's growth is restrained by issue of cyber attacks and higher cost of installation.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global substation automation market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The substation automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting substation automation Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the substation automation market in these regions.
IMPACT OF COVID-19 ON SUBSTATION AUTOMATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the substation automation market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from substation automation market are anticipated to lucrative growth opportunities in the future with the rising demand for substation automation market. Below mentioned is the list of few companies engaged in the substation automation market.
The report also includes the profiles of key substation automation market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Hitachi ABB Power Grids
- Siemens Energy AG
- General Electric
- Cisco Systems
- Schneider Electric
- Eaton
- Honeywell
- SCHWEITZER ENGINEERING LABORATORIES
- NovaTech LLC
- CG Power and Industrial Solutions
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Substation Automation Market - By Module
1.3.2 Substation Automation Market - By Offering
1.3.3 Substation Automation Market - By Type
1.3.4 Substation Automation Market - By Installation Type
1.3.5 Substation Automation Market - By End-Users
1.3.6 Substation Automation Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SUBSTATION AUTOMATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SUBSTATION AUTOMATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SUBSTATION AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
6.1. SUBSTATION AUTOMATION - GLOBAL MARKET OVERVIEW
6.2. SUBSTATION AUTOMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SUBSTATION AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - MODULE
7.1. OVERVIEW
7.2. MODULE MARKET FORECASTS AND ANALYSIS
7.3. INTELLIGENT ELECTRONIC DEVICES
7.3.1. Overview
7.3.2. Intelligent Electronic Devices Market Forecast and Analysis
7.4. COMMUNICATION NETWORKS
7.4.1. Overview
7.4.2. Communication Networks Market Forecast and Analysis
7.5. SCADA SYSTEMS
7.5.1. Overview
7.5.2. SCADA Systems Market Forecast and Analysis
8. SUBSTATION AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
8.1. OVERVIEW
8.2. OFFERING MARKET FORECASTS AND ANALYSIS
8.3. HARDWARE
8.3.1. Overview
8.3.2. Hardware Market Forecast and Analysis
8.4. SOFTWARE
8.4.1. Overview
8.4.2. Software Market Forecast and Analysis
8.5. SERVICES
8.5.1. Overview
8.5.2. Services Market Forecast and Analysis
9. SUBSTATION AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
9.1. OVERVIEW
9.2. TYPE MARKET FORECASTS AND ANALYSIS
9.3. TRANSMISSION SUBSTATION
9.3.1. Overview
9.3.2. Transmission substation Market Forecast and Analysis
9.4. DISTRIBUTION SUBSTATION
9.4.1. Overview
9.4.2. Distribution substation Market Forecast and Analysis
10. SUBSTATION AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - INSTALLATION TYPE
10.1. OVERVIEW
10.2. INSTALLATION TYPE MARKET FORECASTS AND ANALYSIS
10.3. RETROFIT INSTALLATION
10.3.1. Overview
10.3.2. Retrofit Installation Market Forecast and Analysis
10.4. NEW INSTALLATION
10.4.1. Overview
10.4.2. New Installation Market Forecast and Analysis
11. SUBSTATION AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USERS
11.1. OVERVIEW
11.2. END-USERS MARKET FORECASTS AND ANALYSIS
11.3. UTILITY
11.3.1. Overview
11.3.2. Utility Market Forecast and Analysis
11.4. STEEL
11.4.1. Overview
11.4.2. Steel Market Forecast and Analysis
11.5. MINING
11.5.1. Overview
11.5.2. Mining Market Forecast and Analysis
11.6. OIL AND GAS
11.6.1. Overview
11.6.2. Oil and Gas Market Forecast and Analysis
11.7. TRANSPORTATION
11.7.1. Overview
11.7.2. Transportation Market Forecast and Analysis
11.8. OTHERS
11.8.1. Overview
11.8.2. Others Market Forecast and Analysis
12. SUBSTATION AUTOMATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Substation Automation Market Overview
12.1.2 North America Substation Automation Market Forecasts and Analysis
12.1.3 North America Substation Automation Market Forecasts and Analysis - By Module
12.1.4 North America Substation Automation Market Forecasts and Analysis - By Offering
12.1.5 North America Substation Automation Market Forecasts and Analysis - By Type
12.1.6 North America Substation Automation Market Forecasts and Analysis - By Installation Type
12.1.7 North America Substation Automation Market Forecasts and Analysis - By End-Users
12.1.8 North America Substation Automation Market Forecasts and Analysis - By Countries
12.1.8.1 United States Substation Automation Market
12.1.8.1.1 United States Substation Automation Market by Module
12.1.8.1.2 United States Substation Automation Market by Offering
12.1.8.1.3 United States Substation Automation Market by Type
12.1.8.1.4 United States Substation Automation Market by Installation Type
12.1.8.1.5 United States Substation Automation Market by End-Users
12.1.8.2 Canada Substation Automation Market
12.1.8.2.1 Canada Substation Automation Market by Module
12.1.8.2.2 Canada Substation Automation Market by Offering
12.1.8.2.3 Canada Substation Automation Market by Type
12.1.8.2.4 Canada Substation Automation Market by Installation Type
12.1.8.2.5 Canada Substation Automation Market by End-Users
12.1.8.3 Mexico Substation Automation Market
12.1.8.3.1 Mexico Substation Automation Market by Module
12.1.8.3.2 Mexico Substation Automation Market by Offering
12.1.8.3.3 Mexico Substation Automation Market by Type
12.1.8.3.4 Mexico Substation Automation Market by Installation Type
12.1.8.3.5 Mexico Substation Automation Market by End-Users
12.2. EUROPE
12.2.1 Europe Substation Automation Market Overview
12.2.2 Europe Substation Automation Market Forecasts and Analysis
12.2.3 Europe Substation Automation Market Forecasts and Analysis - By Module
12.2.4 Europe Substation Automation Market Forecasts and Analysis - By Offering
12.2.5 Europe Substation Automation Market Forecasts and Analysis - By Type
12.2.6 Europe Substation Automation Market Forecasts and Analysis - By Installation Type
12.2.7 Europe Substation Automation Market Forecasts and Analysis - By End-Users
12.2.8 Europe Substation Automation Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Substation Automation Market
12.2.8.1.1 Germany Substation Automation Market by Module
12.2.8.1.2 Germany Substation Automation Market by Offering
12.2.8.1.3 Germany Substation Automation Market by Type
12.2.8.1.4 Germany Substation Automation Market by Installation Type
12.2.8.1.5 Germany Substation Automation Market by End-Users
12.2.8.2 France Substation Automation Market
12.2.8.2.1 France Substation Automation Market by Module
12.2.8.2.2 France Substation Automation Market by Offering
12.2.8.2.3 France Substation Automation Market by Type
12.2.8.2.4 France Substation Automation Market by Installation Type
12.2.8.2.5 France Substation Automation Market by End-Users
12.2.8.3 Italy Substation Automation Market
12.2.8.3.1 Italy Substation Automation Market by Module
12.2.8.3.2 Italy Substation Automation Market by Offering
12.2.8.3.3 Italy Substation Automation Market by Type
12.2.8.3.4 Italy Substation Automation Market by Installation Type
12.2.8.3.5 Italy Substation Automation Market by End-Users
12.2.8.4 United Kingdom Substation Automation Market
12.2.8.4.1 United Kingdom Substation Automation Market by Module
12.2.8.4.2 United Kingdom Substation Automation Market by Offering
12.2.8.4.3 United Kingdom Substation Automation Market by Type
12.2.8.4.4 United Kingdom Substation Automation Market by Installation Type
12.2.8.4.5 United Kingdom Substation Automation Market by End-Users
12.2.8.5 Russia Substation Automation Market
12.2.8.5.1 Russia Substation Automation Market by Module
12.2.8.5.2 Russia Substation Automation Market by Offering
12.2.8.5.3 Russia Substation Automation Market by Type
12.2.8.5.4 Russia Substation Automation Market by Installation Type
12.2.8.5.5 Russia Substation Automation Market by End-Users
12.2.8.6 Rest of Europe Substation Automation Market
12.2.8.6.1 Rest of Europe Substation Automation Market by Module
12.2.8.6.2 Rest of Europe Substation Automation Market by Offering
12.2.8.6.3 Rest of Europe Substation Automation Market by Type
12.2.8.6.4 Rest of Europe Substation Automation Market by Installation Type
12.2.8.6.5 Rest of Europe Substation Automation Market by End-Users
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Substation Automation Market Overview
12.3.2 Asia-Pacific Substation Automation Market Forecasts and Analysis
12.3.3 Asia-Pacific Substation Automation Market Forecasts and Analysis - By Module
12.3.4 Asia-Pacific Substation Automation Market Forecasts and Analysis - By Offering
12.3.5 Asia-Pacific Substation Automation Market Forecasts and Analysis - By Type
12.3.6 Asia-Pacific Substation Automation Market Forecasts and Analysis - By Installation Type
12.3.7 Asia-Pacific Substation Automation Market Forecasts and Analysis - By End-Users
12.3.8 Asia-Pacific Substation Automation Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Substation Automation Market
12.3.8.1.1 Australia Substation Automation Market by Module
12.3.8.1.2 Australia Substation Automation Market by Offering
12.3.8.1.3 Australia Substation Automation Market by Type
12.3.8.1.4 Australia Substation Automation Market by Installation Type
12.3.8.1.5 Australia Substation Automation Market by End-Users
12.3.8.2 China Substation Automation Market
12.3.8.2.1 China Substation Automation Market by Module
12.3.8.2.2 China Substation Automation Market by Offering
12.3.8.2.3 China Substation Automation Market by Type
12.3.8.2.4 China Substation Automation Market by Installation Type
12.3.8.2.5 China Substation Automation Market by End-Users
12.3.8.3 India Substation Automation Market
12.3.8.3.1 India Substation Automation Market by Module
12.3.8.3.2 India Substation Automation Market by Offering
12.3.8.3.3 India Substation Automation Market by Type
12.3.8.3.4 India Substation Automation Market by Installation Type
12.3.8.3.5 India Substation Automation Market by End-Users
12.3.8.4 Japan Substation Automation Market
12.3.8.4.1 Japan Substation Automation Market by Module
12.3.8.4.2 Japan Substation Automation Market by Offering
12.3.8.4.3 Japan Substation Automation Market by Type
12.3.8.4.4 Japan Substation Automation Market by Installation Type
12.3.8.4.5 Japan Substation Automation Market by End-Users
12.3.8.5 South Korea Substation Automation Market
12.3.8.5.1 South Korea Substation Automation Market by Module
12.3.8.5.2 South Korea Substation Automation Market by Offering
12.3.8.5.3 South Korea Substation Automation Market by Type
12.3.8.5.4 South Korea Substation Automation Market by Installation Type
12.3.8.5.5 South Korea Substation Automation Market by End-Users
12.3.8.6 Rest of Asia-Pacific Substation Automation Market
12.3.8.6.1 Rest of Asia-Pacific Substation Automation Market by Module
12.3.8.6.2 Rest of Asia-Pacific Substation Automation Market by Offering
12.3.8.6.3 Rest of Asia-Pacific Substation Automation Market by Type
12.3.8.6.4 Rest of Asia-Pacific Substation Automation Market by Installation Type
12.3.8.6.5 Rest of Asia-Pacific Substation Automation Market by End-Users
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Substation Automation Market Overview
12.4.2 Middle East and Africa Substation Automation Market Forecasts and Analysis
12.4.3 Middle East and Africa Substation Automation Market Forecasts and Analysis - By Module
12.4.4 Middle East and Africa Substation Automation Market Forecasts and Analysis - By Offering
12.4.5 Middle East and Africa Substation Automation Market Forecasts and Analysis - By Type
12.4.6 Middle East and Africa Substation Automation Market Forecasts and Analysis - By Installation Type
12.4.7 Middle East and Africa Substation Automation Market Forecasts and Analysis - By End-Users
12.4.8 Middle East and Africa Substation Automation Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Substation Automation Market
12.4.8.1.1 South Africa Substation Automation Market by Module
12.4.8.1.2 South Africa Substation Automation Market by Offering
12.4.8.1.3 South Africa Substation Automation Market by Type
12.4.8.1.4 South Africa Substation Automation Market by Installation Type
12.4.8.1.5 South Africa Substation Automation Market by End-Users
12.4.8.2 Saudi Arabia Substation Automation Market
12.4.8.2.1 Saudi Arabia Substation Automation Market by Module
12.4.8.2.2 Saudi Arabia Substation Automation Market by Offering
12.4.8.2.3 Saudi Arabia Substation Automation Market by Type
12.4.8.2.4 Saudi Arabia Substation Automation Market by Installation Type
12.4.8.2.5 Saudi Arabia Substation Automation Market by End-Users
12.4.8.3 U.A.E Substation Automation Market
12.4.8.3.1 U.A.E Substation Automation Market by Module
12.4.8.3.2 U.A.E Substation Automation Market by Offering
12.4.8.3.3 U.A.E Substation Automation Market by Type
12.4.8.3.4 U.A.E Substation Automation Market by Installation Type
12.4.8.3.5 U.A.E Substation Automation Market by End-Users
12.4.8.4 Rest of Middle East and Africa Substation Automation Market
12.4.8.4.1 Rest of Middle East and Africa Substation Automation Market by Module
12.4.8.4.2 Rest of Middle East and Africa Substation Automation Market by Offering
12.4.8.4.3 Rest of Middle East and Africa Substation Automation Market by Type
12.4.8.4.4 Rest of Middle East and Africa Substation Automation Market by Installation Type
12.4.8.4.5 Rest of Middle East and Africa Substation Automation Market by End-Users
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Substation Automation Market Overview
12.5.2 South and Central America Substation Automation Market Forecasts and Analysis
12.5.3 South and Central America Substation Automation Market Forecasts and Analysis - By Module
12.5.4 South and Central America Substation Automation Market Forecasts and Analysis - By Offering
12.5.5 South and Central America Substation Automation Market Forecasts and Analysis - By Type
12.5.6 South and Central America Substation Automation Market Forecasts and Analysis - By Installation Type
12.5.7 South and Central America Substation Automation Market Forecasts and Analysis - By End-Users
12.5.8 South and Central America Substation Automation Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Substation Automation Market
12.5.8.1.1 Brazil Substation Automation Market by Module
12.5.8.1.2 Brazil Substation Automation Market by Offering
12.5.8.1.3 Brazil Substation Automation Market by Type
12.5.8.1.4 Brazil Substation Automation Market by Installation Type
12.5.8.1.5 Brazil Substation Automation Market by End-Users
12.5.8.2 Argentina Substation Automation Market
12.5.8.2.1 Argentina Substation Automation Market by Module
12.5.8.2.2 Argentina Substation Automation Market by Offering
12.5.8.2.3 Argentina Substation Automation Market by Type
12.5.8.2.4 Argentina Substation Automation Market by Installation Type
12.5.8.2.5 Argentina Substation Automation Market by End-Users
12.5.8.3 Rest of South and Central America Substation Automation Market
12.5.8.3.1 Rest of South and Central America Substation Automation Market by Module
12.5.8.3.2 Rest of South and Central America Substation Automation Market by Offering
12.5.8.3.3 Rest of South and Central America Substation Automation Market by Type
12.5.8.3.4 Rest of South and Central America Substation Automation Market by Installation Type
12.5.8.3.5 Rest of South and Central America Substation Automation Market by End-Users
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. SUBSTATION AUTOMATION MARKET, KEY COMPANY PROFILES
14.1. HITACHI ABB POWER GRIDS
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. SIEMENS ENERGY AG
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. GENERAL ELECTRIC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. CISCO SYSTEMS
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. SCHNEIDER ELECTRIC
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. EATON
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. HONEYWELL
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SCHWEITZER ENGINEERING LABORATORIES
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. NOVATECH LLC
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. CG POWER AND INDUSTRIAL SOLUTIONS
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies
1. Hitachi ABB Power Grids
2. Siemens Energy AG
3. General Electric
4. Cisco Systems
5. Schneider Electric
6. Eaton
7. Honeywell
8. SCHWEITZER ENGINEERING LABORATORIES
9. NovaTech LLC
10. CG Power and Industrial Solutions
