세계의 저전압 산업용 배전 변전소 시장 : 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2024-2032년)

The Global Low Voltage Industrial Distribution Substation Market, valued at USD 1.8 billion in 2023, is projected to expand at a CAGR of 7.2% from 2024 to 2032. This growth is primarily fueled by rising industrialization and the need for efficient power distribution systems to support manufacturing expansion, automation, and the advancement of smart factories. As industries consume more energy and adopt renewable sources, low voltage substations are essential for maintaining grid stability and ensuring reliable power delivery. Innovations in technology, particularly in digital monitoring and automation, are enhancing operational efficiency and enabling real-time management of substations, making these advancements a key market driver. Supportive government policies aimed at promoting electrification and modernizing grids-especially in emerging economies-are accelerating market growth.

Additionally, the increasing demand for electric vehicle infrastructure and charging systems is boosting the need for resilient, low voltage power distribution in industrial settings. The conventional technology segment is expected to exceed USD 3 billion by 2032, driven by the cost-effectiveness and familiarity of traditional substation systems already embedded within industrial networks. Upgrading these existing systems is often more economical and carries lower operational risks, appealing to industries that prioritize cost-effective solutions and reliable infrastructure. Based on components, the electrical system segment is expected to grow at a CAGR of over 6.1% through 2032. This growth is supported by the rising integration of advanced components-such as energy-efficient transformers, circuit breakers, and switchgear-that enhance the performance of low voltage substations.

These modernized components contribute to improved power quality, reduced energy loss, and greater system reliability, all of which are increasingly critical as industries strive to optimize costs and minimize energy use. In the U.S., the low voltage industrial distribution substation market is forecast to exceed USD 590 million by 2032. Growth in this region is fueled by the expansion of key sectors like manufacturing, automotive, and logistics, which rely on stable and efficient power distribution to sustain operations. Significant grid modernization efforts are underway in the U.S. to upgrade aging infrastructure, reinforce energy resilience, and support the continued industrial demand, reinforcing the country's position as a major market.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid
    • 1.4.2.2 Public

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Strategic dashboard
• 4.2 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Technology, 2021 - 2032 (USD Million, Units)

• 5.1 Key trends
• 5.2 Conventional
• 5.3 Digital

Chapter 6 Market Size and Forecast, By Component, 2021 - 2032 (USD Million, Units)

• 6.1 Key trends
• 6.2 Substation automation system
• 6.3 Communication network
• 6.4 Electrical system
• 6.5 Monitoring & control system
• 6.6 Others

Chapter 7 Market Size and Forecast, By Category, 2021 - 2032 (USD Million, Units)

• 7.1 Key trends
• 7.2 New
• 7.3 Refurbished

Chapter 8 Market Size and Forecast, By Region, 2021 - 2032 (USD Million, Units)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1.1 U.S.
  • 8.2.1.2 Canada
  • 8.2.1.3 Mexico
• 8.3 Europe
  • 8.3.1.1 Germany
  • 8.3.1.2 France
  • 8.3.1.3 Italy
  • 8.3.1.4 UK
  • 8.3.1.5 Russia
• 8.4 Asia Pacific
  • 8.4.1.1 China
  • 8.4.1.2 India
  • 8.4.1.3 Japan
  • 8.4.1.4 South Korea
  • 8.4.1.5 Australia
• 8.5 Middle East & Africa
  • 8.5.1.1 Saudi Arabia
  • 8.5.1.2 UAE
  • 8.5.1.3 Qatar
  • 8.5.1.4 Oman
  • 8.5.1.5 South Africa
• 8.6 Latin America
  • 8.6.1.1 Brazil
  • 8.6.1.2 Chile

Chapter 9 Company Profiles

• 9.1 ABB
• 9.2 CG Power
• 9.3 Eaton
• 9.4 Efacec
• 9.5 General Electric
• 9.6 Hitachi Energy
• 9.7 L&T Electrical and Automation
• 9.8 Locamation
• 9.9 Open System International
• 9.10 Rockwell Automation
• 9.11 Schneider Electric
• 9.12 Siemens
• 9.13 Tesco Automation
• 9.14 Texas Instruments