Digital Substations - Global Market Outlook (2017-2026)

Digital Substations - Global Market Outlook (2017-2026)

  • Published: November 2018
  • ID: SMRC17750

According to Stratistics MRC, the Global Digital Substations market is accounted for $5.60 billion in 2017 and is expected to reach $12.70 billion by 2026 growing at a CAGR of 9.5% during the forecast period. Growing usage of smart grid technology, increase in substation modernization and rising need for low-cost and flexible power solutions are some of the key driving factors for the market growth. However, high initial investment in the utility sector will hinder the market growth. Moreover, rising demand for renewable energy projects provides ample opportunities for the growth of the market.

Digital substation is an amalgamation of switchgear, transformers, substation automation, monitoring & diagnostics and the standard process bus process, and acts as the backbone of smart grids. They even grant real time phases measurement data, increasingly, required to control the power flow and keep the grid stable, despite the quickly rising share of alternating renewable energy sources.

Based on voltage, 220kV to 550kV digital substation market segment is anticipated to show a high growth rate due to rising investments by companies in the utility sector, chiefly in the transmission infrastructure. These systems are mainly used in space-restricted places such as metropolitan and industrial areas. By geography, Asia Pacific digital substation market is expected to grow at a high rate due to the increasing power allocation networks in countries including India, Singapore, Indonesia, Malaysia, and Taiwan. The region has witnessed an increase in the electricity utilization due to the huge customer base and fast industrialization.

Some of the key players profiled in the Digital Substations market include Thytronic S.p.A., Fuji Electric Co., Ltd., ABB Ltd, Siemens Corporation, Schneider Electric S.E., Cisco Systems, Inc., Honeywell International Inc., Eaton Corporation, Emerson Electric Co., NR Electric Co., Ltd., Larsen & Toubro Limited, Schweitzer Engineering Laboratories, Inc., Cadillac Automation and Controls and S&C Electric Company.

Types Covered:
• Transmission Substation
• Distribution Substation
     
Voltages Covered:
• Below 66kV Segment
• Up to 110 kV
• Up to 220 kV
• 220–550 kV
• Above 550 kV
 
Modules Covered:
• Supervisory Control and Data Acquisition (SCADA) Systems
• Hardware
• Fiber Optic Communication Network

End Users Covered:
• Metal
• Oil & Gas
• Transportation
• Utility
• Mining
• Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary        
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 End User Analysis       
 3.7 Emerging Markets       
 3.8 Futuristic Market Scenario      
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Digital Substations Market, By Type      
 5.1 Introduction       
 5.2 Transmission Substation       
 5.3 Distribution Substation      
          
6 Global Digital Substations Market, By Voltage     
 6.1 Introduction       
 6.2 Below 66kV Segment       
 6.3 Up to 110 kV       
 6.4 Up to 220 kV        
 6.5 220–550 kV        
 6.6 Above 550 kV       
          
7 Global Digital Substations Market, By Module     
 7.1 Introduction       
 7.2 Supervisory Control and Data Acquisition (SCADA) Systems   
 7.3 Hardware        
  7.3.1 Busbars       
  7.3.2 Protection Devices      
   7.3.2.1 Condition Monitoring Systems    
   7.3.2.2 Protective Relays     
   7.3.2.3 Switchgears     
   7.3.2.4 Circuit Breakers     
  7.3.3 Transformers      
  7.3.4 Interfacing Units       
   7.3.4.1 Remote Terminal Units    
   7.3.4.2 Programmable Logic Controllers   
   7.3.4.3 Human–Machine Interfaces    
  7.3.5 Other Hardwares      
 7.4 Fiber Optic Communication Network      
          
8 Global Digital Substations Market, By End User     
 8.1 Introduction       
 8.2 Metal         
 8.3 Oil & Gas         
 8.4 Transportation       
 8.5 Utility         
  8.5.1 Renewables      
  8.5.2 Non-Renewables      
 8.6 Mining         
 8.7 Other End Users       
           
9 Global Digital Substations Market, By Geography     
 9.1 Introduction       
 9.2 North America       
  9.2.1 US       
  9.2.2 Canada       
  9.2.3 Mexico       
 9.3 Europe        
  9.3.1 Germany       
  9.3.2 UK       
  9.3.3 Italy        
  9.3.4 France       
  9.3.5 Spain       
  9.3.6 Rest of Europe      
 9.4 Asia Pacific       
  9.4.1 Japan       
  9.4.2 China       
  9.4.3 India       
  9.4.4 Australia       
  9.4.5 New Zealand      
  9.4.6 South Korea      
  9.4.7 Rest of Asia Pacific      
 9.5 South America       
  9.5.1 Argentina      
  9.5.2 Brazil       
  9.5.3 Chile       
  9.5.4 Rest of South America     
 9.6 Middle East & Africa      
  9.6.1 Saudi Arabia      
  9.6.2 UAE       
  9.6.3 Qatar       
  9.6.4 South Africa      
  9.6.5 Rest of Middle East & Africa     
          
10 Key Developments 
       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 10.2 Acquisitions & Mergers      
 10.3 New Product Launch      
 10.4 Expansions       
 10.5 Other Key Strategies      
          
11 Company Profiling        
 11.1 Thytronic S.p.A.       
 11.2 Fuji Electric Co., Ltd.      
 11.3 ABB Ltd        
 11.4 Siemens Corporation      
 11.5 Schneider Electric S.E.      
 11.6 Cisco Systems, Inc.        
 11.7 Honeywell International Inc.      
 11.8 Eaton Corporation       
 11.9 Emerson Electric Co.      
 11.10 NR Electric Co., Ltd.       
 11.11 Larsen & Toubro Limited      
 11.12 Schweitzer Engineering Laboratories, Inc.    
 11.13 Cadillac Automation and Controls     
 11.14 S&C Electric Company      


List of Tables         
1 Global Digital Substations Market Outlook, By Region (2016-2026) (US $MN)   
2 Global Digital Substations Market Outlook, By Module (2016-2026) (US $MN)  
3 Global Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
4 Global Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN)   
5 Global Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN)  
6 Global Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN) 
7 Global Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN)  
8 Global Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN) 
9 Global Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN) 
10 Global Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
11 Global Digital Substations Market Outlook, By Type (2016-2026) (US $MN)  
12 Global Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN) 
13 Global Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN) 
14 Global Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN)  
15 Global Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN) 
16 Global Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN)  
17 Global Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN)  
18 Global Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN)  
19 Global Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN)  
20 Global Digital Substations Market Outlook, By End Users (2016-2026) (US $MN)  
21 Global Digital Substations Market Outlook, By Metal (2016-2026) (US $MN)  
22 Global Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN)  
23 Global Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN) 
24 Global Digital Substations Market Outlook, By Utility (2016-2026) (US $MN)  
25 Global Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN)  
26 Global Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN) 
27 Global Digital Substations Market Outlook, By Mining (2016-2026) (US $MN)  
28 Global Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN) 
29 North America Digital Substations Market Outlook, By Country (2016-2026) (US $MN)  
30 North America Digital Substations Market Outlook, By Module (2016-2026) (US $MN) 
31 North America Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
32 North America Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN) 
33 North America Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN) 
34 North America Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN)
35 North America Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN) 
36 North America Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN) 
37 North America Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN)
38 North America Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
39 North America Digital Substations Market Outlook, By Type (2016-2026) (US $MN)  
40 North America Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN)
41 North America Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN)
42 North America Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN) 
43 North America Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN)
44 North America Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN) 
45 North America Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN) 
46 North America Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN) 
47 North America Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN) 
48 North America Digital Substations Market Outlook, By End Users (2016-2026) (US $MN) 
49 North America Digital Substations Market Outlook, By Metal (2016-2026) (US $MN)  
50 North America Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN) 
51 North America Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN) 
52 North America Digital Substations Market Outlook, By Utility (2016-2026) (US $MN)  
53 North America Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN) 
54 North America Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN)
55 North America Digital Substations Market Outlook, By Mining (2016-2026) (US $MN) 
56 North America Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN) 
57 Europe Digital Substations Market Outlook, By Country (2016-2026) (US $MN)   
58 Europe Digital Substations Market Outlook, By Module (2016-2026) (US $MN)  
59 Europe Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
60 Europe Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN)  
61 Europe Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN)  
62 Europe Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN) 
63 Europe Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN)  
64 Europe Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN) 
65 Europe Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN) 
66 Europe Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
67 Europe Digital Substations Market Outlook, By Type (2016-2026) (US $MN)  
68 Europe Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN)
69 Europe Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN) 
70 Europe Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN)  
71 Europe Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN) 
72 Europe Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN)  
73 Europe Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN)  
74 Europe Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN)  
75 Europe Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN)  
76 Europe Digital Substations Market Outlook, By End Users (2016-2026) (US $MN)  
77 Europe Digital Substations Market Outlook, By Metal (2016-2026) (US $MN)  
78 Europe Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN)  
79 Europe Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN) 
80 Europe Digital Substations Market Outlook, By Utility (2016-2026) (US $MN)  
81 Europe Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN)  
82 Europe Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN) 
83 Europe Digital Substations Market Outlook, By Mining (2016-2026) (US $MN)  
84 Europe Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN) 
85 Asia Pacific Digital Substations Market Outlook, By Country (2016-2026) (US $MN)   
86 Asia Pacific Digital Substations Market Outlook, By Module (2016-2026) (US $MN)  
87 Asia Pacific Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
88 Asia Pacific Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN)  
89 Asia Pacific Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN)  
90 Asia Pacific Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN) 
91 Asia Pacific Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN) 
92 Asia Pacific Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN) 
93 Asia Pacific Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN) 
94 Asia Pacific Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
95 Asia Pacific Digital Substations Market Outlook, By Type (2016-2026) (US $MN)  
96 Asia Pacific Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN)
97 Asia Pacific Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN)
98 Asia Pacific Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN)  
99 Asia Pacific Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN)
100 Asia Pacific Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN) 
101 Asia Pacific Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN) 
102 Asia Pacific Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN) 
103 Asia Pacific Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN) 
104 Asia Pacific Digital Substations Market Outlook, By End Users (2016-2026) (US $MN)  
105 Asia Pacific Digital Substations Market Outlook, By Metal (2016-2026) (US $MN)  
106 Asia Pacific Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN)  
107 Asia Pacific Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN) 
108 Asia Pacific Digital Substations Market Outlook, By Utility (2016-2026) (US $MN)  
109 Asia Pacific Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN) 
110 Asia Pacific Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN) 
111 Asia Pacific Digital Substations Market Outlook, By Mining (2016-2026) (US $MN)  
112 Asia Pacific Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN) 
113 South America Digital Substations Market Outlook, By Country (2016-2026) (US $MN)  
114 South America Digital Substations Market Outlook, By Module (2016-2026) (US $MN) 
115 South America Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
116 South America Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN) 
117 South America Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN) 
118 South America Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN)
119 South America Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN) 
120 South America Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN) 
121 South America Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN)
122 South America Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
123 South America Digital Substations Market Outlook, By Type (2016-2026) (US $MN)  
124 South America Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN)
125 South America Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN)
126 South America Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN) 
127 South America Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN)
128 South America Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN) 
129 South America Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN) 
130 South America Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN) 
131 South America Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN) 
132 South America Digital Substations Market Outlook, By End Users (2016-2026) (US $MN) 
133 South America Digital Substations Market Outlook, By Metal (2016-2026) (US $MN)  
134 South America Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN) 
135 South America Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN) 
136 South America Digital Substations Market Outlook, By Utility (2016-2026) (US $MN)  
137 South America Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN) 
138 South America Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN)
139 South America Digital Substations Market Outlook, By Mining (2016-2026) (US $MN) 
140 South America Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN) 
141 Middle East & Africa Digital Substations Market Outlook, By Country (2016-2026) (US $MN)  
142 Middle East & Africa Digital Substations Market Outlook, By Module (2016-2026) (US $MN) 
143 Middle East & Africa Digital Substations Market Outlook, By Supervisory Control and Data Acquisition (SCADA) Systems (2016-2026) (US $MN)
144 Middle East & Africa Digital Substations Market Outlook, By Hardware (2016-2026) (US $MN) 
145 Middle East & Africa Digital Substations Market Outlook, By Busbars (2016-2026) (US $MN) 
146 Middle East & Africa Digital Substations Market Outlook, By Protection Devices (2016-2026) (US $MN)
147 Middle East & Africa Digital Substations Market Outlook, By Transformers (2016-2026) (US $MN)
148 Middle East & Africa Digital Substations Market Outlook, By Interfacing Units (2016-2026) (US $MN)
149 Middle East & Africa Digital Substations Market Outlook, By Other Hardwares (2016-2026) (US $MN)
150 Middle East & Africa Digital Substations Market Outlook, By Fiber Optic Communication Network (2016-2026) (US $MN)
151 Middle East & Africa Digital Substations Market Outlook, By Type (2016-2026) (US $MN) 
152 Middle East & Africa Digital Substations Market Outlook, By Transmission Substation (2016-2026) (US $MN)
153 Middle East & Africa Digital Substations Market Outlook, By Distribution Substation (2016-2026) (US $MN)
154 Middle East & Africa Digital Substations Market Outlook, By Voltage (2016-2026) (US $MN) 
155 Middle East & Africa Digital Substations Market Outlook, By Below 66kV Segment (2016-2026) (US $MN)
156 Middle East & Africa Digital Substations Market Outlook, By Up to 110 kV (2016-2026) (US $MN)
157 Middle East & Africa Digital Substations Market Outlook, By Up to 220 kV (2016-2026) (US $MN)
158 Middle East & Africa Digital Substations Market Outlook, By 220–550 kV (2016-2026) (US $MN) 
159 Middle East & Africa Digital Substations Market Outlook, By Above 550 kV (2016-2026) (US $MN)
160 Middle East & Africa Digital Substations Market Outlook, By End Users (2016-2026) (US $MN) 
161 Middle East & Africa Digital Substations Market Outlook, By Metal (2016-2026) (US $MN) 
162 Middle East & Africa Digital Substations Market Outlook, By Oil & Gas (2016-2026) (US $MN) 
163 Middle East & Africa Digital Substations Market Outlook, By Transportation (2016-2026) (US $MN)
164 Middle East & Africa Digital Substations Market Outlook, By Utility (2016-2026) (US $MN) 
165 Middle East & Africa Digital Substations Market Outlook, By Renewables (2016-2026) (US $MN)
166 Middle East & Africa Digital Substations Market Outlook, By Non-Renewables (2016-2026) (US $MN)
167 Middle East & Africa Digital Substations Market Outlook, By Mining (2016-2026) (US $MN) 
168 Middle East & Africa Digital Substations Market Outlook, By Other End Users (2016-2026) (US $MN)

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