Substation Automation Market Size, Share and Forecast 2033

According to a research report published by Spherical Insights & Consulting, The Global Substation Automation Market Size Expected to Grow from USD 45.96 Billion in 2023 to USD 90.11 Billion by 2033, at a CAGR of 6.96% during the forecast period 2023-2033. The substation automation market is centered on the digitalization and automation of substations through intelligent electronic devices (IEDs), SCADA, and advanced communication networks.