Albany, NY -- (SBWIRE) -- 04/29/2019 -- ResearchMoz include new market research report "Global Digital Substation Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Digital Substation market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The Digital Substation market was valued at 1500 Million US$ in 2017 and is projected to reach 2330 Million US$ by 2025, at a CAGR of 5.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Digital Substation.
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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.
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.
The following manufacturers are covered in this report:
ABB
General Electric
Siemens
Schneider Electric
Digital Substation Breakdown Data by Type
Up to 110 kV
110 to 330 kV
Above 330 kV
Digital Substation Breakdown Data by Application
Power Utility
Industrial
Digital Substation Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
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The study objectives are:
To analyze and research the global Digital Substation status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Digital Substation manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Digital Substation market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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