세계의 디지털 변전소 시장 : 컴포넌트별, 아키텍처별, 전압 레벨별, 기술별, 용도별, 지역별 세계 분석 예측(-2030년)

According to Stratistics MRC, the Global Digital Substation Market is accounted for $9.06 billion in 2024 and is expected to reach $15.29 billion by 2030 growing at a CAGR of 9.1% during the forecast period. A digital substation is a contemporary electrical substation that makes use of cutting-edge digital technologies to enhance power distribution system protection, control, and monitoring. Digital substations use sensors, digital relays, and communication protocols to collect and analyze data more accurately and in real time than traditional substations, which rely on analog electronics. In order to improve operational effectiveness, safety, and decision-making, these substations use automation systems like SCADA (Supervisory Control and Data Acquisition). Digital substations provide improved grid management, quicker fault diagnosis, and lower operating costs through the use of sophisticated sensors, remote monitoring, and digital signal processing. These features help to ensure more dependable and sustainable electricity delivery.

Market Dynamics:

Driver:

Improved Efficiency and Reliability

The expansion of the market is being driven by improved efficiency and dependability. Real-time data monitoring, and AI-driven analytics are examples of advanced technologies that improve operational effectiveness and decrease downtime. These developments guarantee improved energy distribution, predictive maintenance, and more precise fault detection. Digital substations are becoming more and more necessary as electricity grids modernize in order to provide resilient, adaptable, and sustainable infrastructure. Digital substation use is raising in a number of industries due to the need for dependable, effective energy management solutions.

Restraint:

High Initial Investment

The large initial investment in digital substations stifles market expansion by imposing financial barriers for utilities, particularly in emerging countries. Smaller operators may be discouraged from implementing digital solutions due to the high upfront costs associated with new technologies, infrastructure changes, and specialized manpower. The extensive switch from analog to digital substations is slowed by this financial obstacle, which restricts market penetration overall and postpones the possible advantages of increased grid dependability and efficiency.

Opportunity:

Technological Advancements

Technological improvements are greatly speeding up the growth of the digital substation market. Real-time monitoring, predictive maintenance, and improved automation are made possible by advancements in IoT, AI, machine learning, and sophisticated sensors. These technologies increase fault detection and response times, lower operating costs, and improve grid efficiency. Digital substations are becoming more and more necessary as utilities use smart grid technologies for improved energy management. Advancements in technology guarantee more adaptable, which promote broad acceptance and market growth.

Threat:

Complexity in Integration

The complexity of integrating digital substations stifles market growth by raising costs, implementation time, and technical obstacles. This complexity is increased by the requirement for sophisticated communication networks, cybersecurity safeguards, and interoperability between new and legacy systems. These obstacles prevent wider implementation by delaying adoption, particularly for smaller utilities, and necessitating specialist knowledge. Furthermore, the integration process is made more difficult, which affects the scalability of the market.

Covid-19 Impact:

The COVID-19 pandemic initially slowed the Digital Substation Market due to supply chain disruptions, project delays, and workforce limitations. However, it highlighted the need for remote monitoring, automation, and resilient infrastructure. As utilities prioritized safety and operational continuity, there was a surge in demand for digital substation technologies. Post-pandemic, the market is expected to experience robust growth driven by increased investments in smart grids and digital transformation initiatives.

The microgrids segment is expected to be the largest during the forecast period

The microgrids segment is expected to be the largest during the forecast period as microgrids become increasingly important for localized energy management and resilience, digital substations provide the infrastructure required to integrate renewable energy sources, assure reliable distribution, and enable real-time monitoring. Digital substations facilitate the effective operation of microgrids by improving grid stability and lowering reliance on centralized systems through sophisticated automation, control, and data analytics.

The transformer segment is expected to have the highest CAGR during the forecast period

The transformer segment is expected to have the highest CAGR during the forecast period because digital substations incorporate advanced monitoring and automation systems, transformers with digital capabilities enable real-time data collection, predictive maintenance, and enhanced fault detection. Performance is improved, downtime is decreased, and money is saved as a result. Transformer use in digital substations is also being fueled by the rising demand for energy-efficient solutions and smart grid technology, which is propelling market expansion.

Region with largest share:

North America is anticipated to hold the largest market share during the forecast period as Advances in IoT, AI, and automation technologies are accelerating the move to digital substations, allowing for real-time monitoring, predictive maintenance, and increased safety. Further driving market expansion is legislative backing for smart grid projects and an emphasis on integrating renewable energy sources. These developments minimize operating expenses, minimize downtime, and improve energy management.

Region with highest CAGR:

Asia Pacific is anticipated to witness the highest CAGR over the forecast period due to efficient power infrastructure. Advanced digital technologies, such as automation, real-time monitoring, and predictive maintenance, are transforming power grids in the region. Governments' initiatives to modernize energy systems and invest in smart grid solutions further accelerate market growth. Additionally, increasing renewable energy integration and the need for grid resilience against climate change contribute to the rising adoption of digital substations in Asia Pacific.

Key players in the market

Some of the key players in Digital Substation market include ABB, Belden Inc., Eaton, General Electric, Hitachi Energy, Locamation, Netcontrol Group, NovaTech, LLC., NR Electric Co. Ltd., OMICRON, Ponovo Power Co., Ltd., Powell Industries, Redeia, Rittal GmbH & Co. KG, Schneider Electric, Siemens Energy, Toshiba Energy Systems & Solutions Corporation, Transpower and WEG.

Key Developments:

In May 2024, ABB expanded electrification portfolio with acquisition of Siemens' Wiring Accessories business. The acquisition had broadened ABB's market reach and complements its regional customer offering within smart buildings.

In February 2024, ABB announced an agreement to acquire SEAM Group, a major provider of energized asset management. The acquisition brought significant additional expertise to customers in the areas of predictive, preventive, and corrective maintenance.

In January 2024, ABB announced to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring. Through the acquisition, ABB expands its strong presence in the water segment and complement its product portfolio with optical technology critical for smart water management.

Components Covered:

• Substation Automation System
• Communication Network
• Electrical System
• Transformer
• Busbar
• Protection System
• Monitoring and Controlling Device
• Human Machine Interface
• Programmable Logic Controller

Architectures Covered:

• Process
• Bay
• Station

Voltage Levels Covered:

• High
• Medium
• Low

Technologies Covered:

• Supervisory Control and Data Acquisition (SCADA)
• Protection and Control Systems
• Communication Systems
• Automation Systems

Applications Covered:

• Power Utilities
• Industrial & Commercial
• Renewable Energy Integration
• Transmission & Distribution (T&D)
• Microgrids
• Other Applications

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
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• 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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

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 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

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 Substation Market, By Component

• 5.1 Introduction
• 5.2 Substation Automation System
• 5.3 Communication Network
• 5.4 Electrical System
• 5.5 Transformer
• 5.6 Busbar
• 5.7 Protection System
• 5.8 Monitoring and Controlling Device
• 5.9 Human Machine Interface
• 5.10 Programmable Logic Controller

6 Global Digital Substation Market, By Architecture

• 6.1 Introduction
• 6.2 Process
• 6.3 Bay
• 6.4 Station

7 Global Digital Substation Market, By Voltage Level

• 7.1 Introduction
• 7.2 High
• 7.3 Medium
• 7.4 Low

8 Global Digital Substation Market, By Technology

• 8.1 Introduction
• 8.2 Supervisory Control and Data Acquisition (SCADA)
• 8.3 Protection and Control Systems
• 8.4 Communication Systems
• 8.5 Automation Systems

9 Global Digital Substation Market, By Application

• 9.1 Introduction
• 9.2 Power Utilities
• 9.3 Industrial & Commercial
• 9.4 Renewable Energy Integration
• 9.5 Transmission & Distribution (T&D)
• 9.6 Microgrids
• 9.7 Other Applications

10 Global Digital Substation Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 ABB
• 12.2 Belden Inc.
• 12.3 Eaton
• 12.4 General Electric
• 12.5 Hitachi Energy
• 12.6 Locamation
• 12.7 Netcontrol Group
• 12.8 NovaTech, LLC.
• 12.9 NR Electric Co. Ltd.
• 12.10 OMICRON
• 12.11 Ponovo Power Co., Ltd.
• 12.12 Powell Industries
• 12.13 Redeia
• 12.14 Rittal GmbH & Co. KG
• 12.15 Schneider Electric
• 12.16 Siemens Energy
• 12.17 Toshiba Energy Systems & Solutions Corporation
• 12.18 Transpower
• 12.19 WEG