Substation Market by Component (Substation Automation System, Communication Network, Electrical System, Monitoring & Control System, and Others), by Technology (Conventional and Digital), by Voltage Level (Low, Medium, and High), by Application (Transmission and Distribution), and by End-use (Utility and Industrial) – Global Opportunity Analysis and Industry Forecast 2023-2030 (Upcoming Report)
Market Definition:
The Substation Market size was valued at USD 95.78 billion in 2022 and is predicted to reach USD 132.63 billion by 2030 with a CAGR of 4.8% from 2023-2030.
A substation is a crucial part of an electrical power system that serves as a bridge between the high-voltage transmission lines transporting electricity from power plants and the lower-voltage distribution lines Publish Date: Aug 2023
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