Global Digital Substation Supply, Demand and Key Producers, 2024-2030

Description

The global Digital Substation market size is expected to reach $ 2816.8 million by 2030, rising at a market growth of 5.5% CAGR during the forecast period (2024-2030).

Europe occupied 32.69% of the sales market in 2017. It is followed by North America and China which respectively accounted for around 25.83% and 21.60% of the global total industry. Other countries have a smaller amount of sales. Geographically, Europe was the largest production market in the world, which took about 49.03% of the global sales volume in 2017. ABB, General Electric, Siemens and Schneider Electric are the top 4 players of Digital Substation, with about 86% market shares.

Digital substations can boost the flexibility and responsiveness of transmission and distribution grids by capturing and using accurate, real-time data to control grid stability and react quickly to changing grid conditions.

This report studies the global Digital Substation production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Digital Substation, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Digital Substation that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Digital Substation total production and demand, 2019-2030, (Units)
Global Digital Substation total production value, 2019-2030, (USD Million)
Global Digital Substation production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Digital Substation consumption by region & country, CAGR, 2019-2030 & (Units)
U.S. VS China: Digital Substation domestic production, consumption, key domestic manufacturers and share
Global Digital Substation production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Units)
Global Digital Substation production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Units)
Global Digital Substation production by Application production, value, CAGR, 2019-2030, (USD Million) & (Units).

This reports profiles key players in the global Digital Substation market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, General Electric, Siemens and Schneider Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Digital Substation market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (M USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Digital Substation Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Digital Substation Market, Segmentation by Type
    Up to 110 kV
    110 to 330 kV
    Above 330 kV

Global Digital Substation Market, Segmentation by Application
    Power Utility
    Industrial

Companies Profiled:
    ABB
    General Electric
    Siemens
    Schneider Electric

Key Questions Answered
1. How big is the global Digital Substation market?
2. What is the demand of the global Digital Substation market?
3. What is the year over year growth of the global Digital Substation market?
4. What is the production and production value of the global Digital Substation market?
5. Who are the key producers in the global Digital Substation market?

Table of Contents

1 Supply Summary
    1.1 Digital Substation Introduction
    1.2 World Digital Substation Supply & Forecast
        1.2.1 World Digital Substation Production Value (2019 & 2023 & 2030)
        1.2.2 World Digital Substation Production (2019-2030)
        1.2.3 World Digital Substation Pricing Trends (2019-2030)
    1.3 World Digital Substation Production by Region (Based on Production Site)
        1.3.1 World Digital Substation Production Value by Region (2019-2030)
        1.3.2 World Digital Substation Production by Region (2019-2030)
        1.3.3 World Digital Substation Average Price by Region (2019-2030)
        1.3.4 North America Digital Substation Production (2019-2030)
        1.3.5 Europe Digital Substation Production (2019-2030)
        1.3.6 China Digital Substation Production (2019-2030)
        1.3.7 Japan Digital Substation Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Digital Substation Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Digital Substation Major Market Trends

2 Demand Summary
    2.1 World Digital Substation Demand (2019-2030)
    2.2 World Digital Substation Consumption by Region
        2.2.1 World Digital Substation Consumption by Region (2019-2024)
        2.2.2 World Digital Substation Consumption Forecast by Region (2025-2030)
    2.3 United States Digital Substation Consumption (2019-2030)
    2.4 China Digital Substation Consumption (2019-2030)
    2.5 Europe Digital Substation Consumption (2019-2030)
    2.6 Japan Digital Substation Consumption (2019-2030)
    2.7 South Korea Digital Substation Consumption (2019-2030)
    2.8 ASEAN Digital Substation Consumption (2019-2030)
    2.9 India Digital Substation Consumption (2019-2030)

3 World Digital Substation Manufacturers Competitive Analysis
    3.1 World Digital Substation Production Value by Manufacturer (2019-2024)
    3.2 World Digital Substation Production by Manufacturer (2019-2024)
    3.3 World Digital Substation Average Price by Manufacturer (2019-2024)
    3.4 Digital Substation Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Digital Substation Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Digital Substation in 2023
        3.5.3 Global Concentration Ratios (CR8) for Digital Substation in 2023
    3.6 Digital Substation Market: Overall Company Footprint Analysis
        3.6.1 Digital Substation Market: Region Footprint
        3.6.2 Digital Substation Market: Company Product Type Footprint
        3.6.3 Digital Substation Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Digital Substation Production Value Comparison
        4.1.1 United States VS China: Digital Substation Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Digital Substation Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Digital Substation Production Comparison
        4.2.1 United States VS China: Digital Substation Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Digital Substation Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Digital Substation Consumption Comparison
        4.3.1 United States VS China: Digital Substation Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Digital Substation Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Digital Substation Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Digital Substation Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Digital Substation Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Digital Substation Production (2019-2024)
    4.5 China Based Digital Substation Manufacturers and Market Share
        4.5.1 China Based Digital Substation Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Digital Substation Production Value (2019-2024)
        4.5.3 China Based Manufacturers Digital Substation Production (2019-2024)
    4.6 Rest of World Based Digital Substation Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Digital Substation Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Digital Substation Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Digital Substation Production (2019-2024)

5 Market Analysis by Type
    5.1 World Digital Substation Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Up to 110 kV
        5.2.2 110 to 330 kV
        5.2.3 Above 330 kV
    5.3 Market Segment by Type
        5.3.1 World Digital Substation Production by Type (2019-2030)
        5.3.2 World Digital Substation Production Value by Type (2019-2030)
        5.3.3 World Digital Substation Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Digital Substation Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Power Utility
        6.2.2 Industrial
    6.3 Market Segment by Application
        6.3.1 World Digital Substation Production by Application (2019-2030)
        6.3.2 World Digital Substation Production Value by Application (2019-2030)
        6.3.3 World Digital Substation Average Price by Application (2019-2030)

7 Company Profiles
    7.1 ABB
        7.1.1 ABB Details
        7.1.2 ABB Major Business
        7.1.3 ABB Digital Substation Product and Services
        7.1.4 ABB Digital Substation Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 ABB Recent Developments/Updates
        7.1.6 ABB Competitive Strengths & Weaknesses
    7.2 General Electric
        7.2.1 General Electric Details
        7.2.2 General Electric Major Business
        7.2.3 General Electric Digital Substation Product and Services
        7.2.4 General Electric Digital Substation Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 General Electric Recent Developments/Updates
        7.2.6 General Electric Competitive Strengths & Weaknesses
    7.3 Siemens
        7.3.1 Siemens Details
        7.3.2 Siemens Major Business
        7.3.3 Siemens Digital Substation Product and Services
        7.3.4 Siemens Digital Substation Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 Siemens Recent Developments/Updates
        7.3.6 Siemens Competitive Strengths & Weaknesses
    7.4 Schneider Electric
        7.4.1 Schneider Electric Details
        7.4.2 Schneider Electric Major Business
        7.4.3 Schneider Electric Digital Substation Product and Services
        7.4.4 Schneider Electric Digital Substation Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 Schneider Electric Recent Developments/Updates
        7.4.6 Schneider Electric Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Digital Substation Industry Chain
    8.2 Digital Substation Upstream Analysis
        8.2.1 Digital Substation Core Raw Materials
        8.2.2 Main Manufacturers of Digital Substation Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Digital Substation Production Mode
    8.6 Digital Substation Procurement Model
    8.7 Digital Substation Industry Sales Model and Sales Channels
        8.7.1 Digital Substation Sales Model
        8.7.2 Digital Substation Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Digital Substation Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Digital Substation Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Digital Substation Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Digital Substation Production Value Market Share by Region (2019-2024)
    Table 5. World Digital Substation Production Value Market Share by Region (2025-2030)
    Table 6. World Digital Substation Production by Region (2019-2024) & (Units)
    Table 7. World Digital Substation Production by Region (2025-2030) & (Units)
    Table 8. World Digital Substation Production Market Share by Region (2019-2024)
    Table 9. World Digital Substation Production Market Share by Region (2025-2030)
    Table 10. World Digital Substation Average Price by Region (2019-2024) & (M USD/Unit)
    Table 11. World Digital Substation Average Price by Region (2025-2030) & (M USD/Unit)
    Table 12. Digital Substation Major Market Trends
    Table 13. World Digital Substation Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Units)
    Table 14. World Digital Substation Consumption by Region (2019-2024) & (Units)
    Table 15. World Digital Substation Consumption Forecast by Region (2025-2030) & (Units)
    Table 16. World Digital Substation Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Digital Substation Producers in 2023
    Table 18. World Digital Substation Production by Manufacturer (2019-2024) & (Units)
    Table 19. Production Market Share of Key Digital Substation Producers in 2023
    Table 20. World Digital Substation Average Price by Manufacturer (2019-2024) & (M USD/Unit)
    Table 21. Global Digital Substation Company Evaluation Quadrant
    Table 22. World Digital Substation Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Digital Substation Production Site of Key Manufacturer
    Table 24. Digital Substation Market: Company Product Type Footprint
    Table 25. Digital Substation Market: Company Product Application Footprint
    Table 26. Digital Substation Competitive Factors
    Table 27. Digital Substation New Entrant and Capacity Expansion Plans
    Table 28. Digital Substation Mergers & Acquisitions Activity
    Table 29. United States VS China Digital Substation Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Digital Substation Production Comparison, (2019 & 2023 & 2030) & (Units)
    Table 31. United States VS China Digital Substation Consumption Comparison, (2019 & 2023 & 2030) & (Units)
    Table 32. United States Based Digital Substation Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Digital Substation Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Digital Substation Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Digital Substation Production (2019-2024) & (Units)
    Table 36. United States Based Manufacturers Digital Substation Production Market Share (2019-2024)
    Table 37. China Based Digital Substation Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Digital Substation Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Digital Substation Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Digital Substation Production (2019-2024) & (Units)
    Table 41. China Based Manufacturers Digital Substation Production Market Share (2019-2024)
    Table 42. Rest of World Based Digital Substation Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Digital Substation Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Digital Substation Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Digital Substation Production (2019-2024) & (Units)
    Table 46. Rest of World Based Manufacturers Digital Substation Production Market Share (2019-2024)
    Table 47. World Digital Substation Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Digital Substation Production by Type (2019-2024) & (Units)
    Table 49. World Digital Substation Production by Type (2025-2030) & (Units)
    Table 50. World Digital Substation Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Digital Substation Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Digital Substation Average Price by Type (2019-2024) & (M USD/Unit)
    Table 53. World Digital Substation Average Price by Type (2025-2030) & (M USD/Unit)
    Table 54. World Digital Substation Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Digital Substation Production by Application (2019-2024) & (Units)
    Table 56. World Digital Substation Production by Application (2025-2030) & (Units)
    Table 57. World Digital Substation Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Digital Substation Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Digital Substation Average Price by Application (2019-2024) & (M USD/Unit)
    Table 60. World Digital Substation Average Price by Application (2025-2030) & (M USD/Unit)
    Table 61. ABB Basic Information, Manufacturing Base and Competitors
    Table 62. ABB Major Business
    Table 63. ABB Digital Substation Product and Services
    Table 64. ABB Digital Substation Production (Units), Price (M USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. ABB Recent Developments/Updates
    Table 66. ABB Competitive Strengths & Weaknesses
    Table 67. General Electric Basic Information, Manufacturing Base and Competitors
    Table 68. General Electric Major Business
    Table 69. General Electric Digital Substation Product and Services
    Table 70. General Electric Digital Substation Production (Units), Price (M USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. General Electric Recent Developments/Updates
    Table 72. General Electric Competitive Strengths & Weaknesses
    Table 73. Siemens Basic Information, Manufacturing Base and Competitors
    Table 74. Siemens Major Business
    Table 75. Siemens Digital Substation Product and Services
    Table 76. Siemens Digital Substation Production (Units), Price (M USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. Siemens Recent Developments/Updates
    Table 78. Schneider Electric Basic Information, Manufacturing Base and Competitors
    Table 79. Schneider Electric Major Business
    Table 80. Schneider Electric Digital Substation Product and Services
    Table 81. Schneider Electric Digital Substation Production (Units), Price (M USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 82. Global Key Players of Digital Substation Upstream (Raw Materials)
    Table 83. Digital Substation Typical Customers
    Table 84. Digital Substation Typical Distributors
List of Figure
    Figure 1. Digital Substation Picture
    Figure 2. World Digital Substation Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Digital Substation Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Digital Substation Production (2019-2030) & (Units)
    Figure 5. World Digital Substation Average Price (2019-2030) & (M USD/Unit)
    Figure 6. World Digital Substation Production Value Market Share by Region (2019-2030)
    Figure 7. World Digital Substation Production Market Share by Region (2019-2030)
    Figure 8. North America Digital Substation Production (2019-2030) & (Units)
    Figure 9. Europe Digital Substation Production (2019-2030) & (Units)
    Figure 10. China Digital Substation Production (2019-2030) & (Units)
    Figure 11. Japan Digital Substation Production (2019-2030) & (Units)
    Figure 12. Digital Substation Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Digital Substation Consumption (2019-2030) & (Units)
    Figure 15. World Digital Substation Consumption Market Share by Region (2019-2030)
    Figure 16. United States Digital Substation Consumption (2019-2030) & (Units)
    Figure 17. China Digital Substation Consumption (2019-2030) & (Units)
    Figure 18. Europe Digital Substation Consumption (2019-2030) & (Units)
    Figure 19. Japan Digital Substation Consumption (2019-2030) & (Units)
    Figure 20. South Korea Digital Substation Consumption (2019-2030) & (Units)
    Figure 21. ASEAN Digital Substation Consumption (2019-2030) & (Units)
    Figure 22. India Digital Substation Consumption (2019-2030) & (Units)
    Figure 23. Producer Shipments of Digital Substation by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Digital Substation Markets in 2023
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Digital Substation Markets in 2023
    Figure 26. United States VS China: Digital Substation Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 27. United States VS China: Digital Substation Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Digital Substation Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States Based Manufacturers Digital Substation Production Market Share 2023
    Figure 30. China Based Manufacturers Digital Substation Production Market Share 2023
    Figure 31. Rest of World Based Manufacturers Digital Substation Production Market Share 2023
    Figure 32. World Digital Substation Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 33. World Digital Substation Production Value Market Share by Type in 2023
    Figure 34. Up to 110 kV
    Figure 35. 110 to 330 kV
    Figure 36. Above 330 kV
    Figure 37. World Digital Substation Production Market Share by Type (2019-2030)
    Figure 38. World Digital Substation Production Value Market Share by Type (2019-2030)
    Figure 39. World Digital Substation Average Price by Type (2019-2030) & (M USD/Unit)
    Figure 40. World Digital Substation Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 41. World Digital Substation Production Value Market Share by Application in 2023
    Figure 42. Power Utility
    Figure 43. Industrial
    Figure 44. World Digital Substation Production Market Share by Application (2019-2030)
    Figure 45. World Digital Substation Production Value Market Share by Application (2019-2030)
    Figure 46. World Digital Substation Average Price by Application (2019-2030) & (M USD/Unit)
    Figure 47. Digital Substation Industry Chain
    Figure 48. Digital Substation Procurement Model
    Figure 49. Digital Substation Sales Model
    Figure 50. Digital Substation Sales Channels, Direct Sales, and Distribution
    Figure 51. Methodology
    Figure 52. Research Process and Data Source

Companies Mentioned

ABB
General Electric
Siemens
Schneider Electric