Growing Infrastructural Development in Smart Cities Upswings the Global Digital Substation Market at a CAGR of 8.14% by 2026

“The global Digital Substation market was valued around $6010 million in 2017 and is anticipated to reach nearly $ 11890 million by 2026, growing at an estimated CAGR of 8.14%, during the forecast period 2018-2026.”
According to a new market research report launched by Inkwood Research, The global Digital Substation market was valued around $6010 million in 2017 and is anticipated to reach nearly $ 11890 million by 2026, growing at an estimated CAGR of 8.14%, during the forecast period 2018-2026.

Browse 84 market data Tables and 48 Figures spread over 160 Pages along with in-depth analysis on “Digital Substation market by Module (Hardware( Transformers, Busbars, Protection Devices, Interfacing Units, Fiber Optic Communication Network, SCADA Systems) by Type (Transmission Substation & Distribution Substation) by Voltage ( Up to 220 Kv, 220 – 550 Kv, Above 550 Kv) by Industry ( Utility, Metal, Mining, Oil & Gas, Transportation) & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies such as North America, Europe, Asia Pacific, and Rest of World, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Digital Substation market scenario

Rise in power demand with limited space availability, increasing infrastructure development in smart cities, improved safety and reduced maintenance costs & rising demand for replacing traditional substation infrastructure are the factors proliferating the growth of the Digital Substation market across the globe.

The Digital Substation market report provides data tables and includes charts and graphs for visual analysis.

Request Free sample report for Digital Substation market by product, application & geography: https://www.inkwoodresearch.com/reports/global-digital-substation-market-forecast-2018-2026/#request-free-sample

Market Segmentation

On the basis of Module, Digital Substation market is segmented into:

  • Hardware

On the basis of Type, Digital Substation market is segmented into:

  • Transmission Substation
  • Distribution Substation

On the basis of Voltage, Digital Substation market is segmented into:

  • Up to 220 KV
  • 220-550 KV
  • Above 550 KV

On the basis of Industry, Digital Substation market is segmented into:

  • Utility
  • Metal
  • Mining
  • Oil & Gas
  • Transportation

Report Highlights

– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2026, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2026

Companies Profiled

–          ABB LTD

–          CISCO

–          EATON CORPORATION

–          EMERSON ELECTRIC

–          FUJI ELECTRIC

–          GENERAL ELECTRIC COMPANY

–          HONEYWELL INTERNATIONAL INC

–          IGRID T&D (ACQUIRED BY THYTRONIC GROUP)

–          I-TOR

–          LARSEN & TOUBRO

–          NR ELECTRIC CO LTD

–          S&C ELECTRIC COMPANY

–          SCHNEIDER ELECTRIC

–          SIEMENS AG

–          TEKVEL

Related Reports

SDN Orchestration market– Global SDN Orchestration market is expected to grow at 75.42% CAGR during the forecast period of 2018-2026.

Millimeter Wave Technology Market– The Global Millimeter Wave Technology Market is estimated to grow at a 31.24% CAGR during 2018-2026.

Near field communication (NFC) Chips market– Global Near field communication (NFC) Chips market is anticipated to grow at a CAGR of 22.59% during the forecast period of 2018-2026.

Media Contact
Company Name: Inkwood Research
Contact Person: Clive Cooper
Email: Send Email
Phone: 1 857-302-4704
Address:169, Harrison Avenue
City: Boston
State: Massachusetts
Country: United States
Website: https://www.inkwoodresearch.com/