Substation Automation Market to be Driven by the Favourable Properties of the Magnets in the Forecast Period of 2023-2029

The global Substation Automation market reached a valuation of US$ 48.21 Bn. in 2022 and is poised to attain US$ 73.94 Bn. by 2029, exhibiting a CAGR of 6.3% during the forecast period.

Market Overview:

Tailored to meet your specific needs, our Substation Automation market study encompasses price trend analysis of target brands, market insights for various countries (please request a list), clinical trial findings, literature research, analysis of refurbished markets and product bases, and other bespoke services.

Market Scope:

We accommodate as many competitors as necessary, offering data in your preferred format, be it raw Excel files, pivot tables, or assistance in crafting presentations based on the included datasets.


The Substation Automation market report comprehensively covers major restraints and drivers influencing market dynamics.

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by Module

Intelligent electronic devices
Communication Network Technology

by Type

Transmission substations
Distribution substations

by Component

Reclose Controller
Programmable Logical Controller
Capacitor Bank Controller
Digital Transducer/Smart Meter
Load Tap Controller
Communication Channel
Digital Relays

by End-User

Oil and gas

by Channel

Power Line Communication
Copper Wire Communication
Optical Fiber Communication

Key Players:

1. Schneider Electric
2. EATON Corp.
3. Tropos Network
4. Encore Networks
5. Grid Net
6. ABB Ltd.
7. Siemens AG
8. General Electric
9. Cisco Systems, Inc.
10.Eaton Corporation Plc.
11.Crompton Greaves Ltd.
12.Larsen & Toubro Limited
13.Verson Electric Pvt. Ltd.
14.Trilliant Holdings, Inc.
15.Encore Networks
16.Cooper Industries
17.Power System Engineering, Inc.
18.Texas Instruments
19.Axiomtek Co. Ltd
20.Toshiba Corporation

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Regional Analysis:

Our analysis of the market’s competitive landscape includes information sourced from rivals, covering aspects such as business overviews, financials, revenue streams, market potentials, R&D investments, global footprints, production facilities, capacities, and corporate strengths, all tailored to the Substation Automation industry.

COVID-19 Impact Analysis on Substation Automation Market:

The report delves into the intricate effects of the COVID-19 pandemic on the global Substation Automation market.

Key Questions Answered:

  • Who are the key players in the Substation Automation market?
  • What emerging trends can be expected in the Substation Automation market during the forecast period?
  • What will be the Substation Automation market size by 2027?
  • Which company held the largest market share in 2020?

About Maximize Market Research:

Maximize Market Research is a versatile market research and consulting firm staffed with professionals from diverse industries, including medical devices, pharmaceuticals, science, engineering, electronics, industrial equipment, technology, automotive, chemicals, consumer goods, and automation. Our services range from market-validated industry estimations to technical trend analysis, strategic counsel, competition analysis, production and demand assessments, and client impact studies.

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