Frequently Asked Questions
The market is segmented based on Global digital ray substation automation market, By Component (Substation Automation System, Communication Network, Electrical System, Recloser Controller, Programmable Logical Controller, Capacitor Bank Controller, Digital Transducer/Smart Meter, Load Tap Controller, Communication Channel, Digital Relays, Protection Devices and Monitoring & Control System), Module (IEDS, Communication Network and SCADA System), Communication Channel (Ethernet, Power Line Communication, Copper Wire Communication and Optical Fiber Communication), Application (Utility, Steel, Mining, Oil and Gas and Transportation) – Industry Trends and Forecast to 2030.
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The Global Digital Ray Substation Automation Market size was valued at USD 7652.35 USD Million in 2022.
The Global Digital Ray Substation Automation Market is projected to grow at a CAGR of 9% during the forecast period of 2023 to 2030.
The major players operating in the market include Siemens, Schneider Electric, Trilliant Holdings, Verson Electric, Larsen & Toubro, Cisco Systems, Crompton Greaves, ABB, General Electric, Eaton Corporation, Belden , Rockwell Automation, Texas Instruments, Open System International, Kalki Communication Technologies.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
