The Digital Substation Global Market Report 2021-31 by The Business Research Company describes and explains the global digital substation market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Digital Substation Global Market Report 2022 covers digital substation market drivers, digital substation market trends, digital substation market segments, digital substation market growth rate, digital substation market major players, and digital substation market size.
The digital substation market report provides in-depth analysis of the impact of COVID-19 on the global digital substation industry along with revised market numbers due to the effects of the coronavirus and the expected digital substation market growth numbers for 2022-2031.
The global digital substation market size is expected to grow from $6.16 billion in 2021 to $6.85 billion in 2022 at a compound annual growth rate (CAGR) of 11.19%. The global digital substations market share is expected to grow to $10.47 billion in 2026 at a CAGR of 11.19%.
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Digital Substation Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic
TBRC’s report covers the digital substation market segments-
1) By Voltage Level: Low, Medium, High
2) By Type: Transmission, Distribution
3) By Module: Fiber Optics Communication Network, Supervisory Control and Data Acquisition, Hardware
4) By Industry Vertical: Power Generation, Metal and Mining, Oil and Gas, Transportation and Logistics, Defence and Aerospace, Process and Manufacturing, Others
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