The Future of Substation Automation Market: Revenue Projection to USD 62 Billion by 2035
Wednesday, 6 March 2024, 10:00
Global Substation Automation Market Overview
The global substation automation market is experiencing a substantial growth trajectory, with Research Nester predicting a ~6% CAGR until 2035. This growth is expected to culminate in a revenue milestone of USD 62 billion, showcasing immense potential and opportunities in the market realm.
Key Players in Substation Automation Market
- AMETEK, Inc.
- Toshiba Corporation
- Cisco Systems, Inc.
The market is dominated by key players such as AMETEK, Inc., Toshiba Corporation, and Cisco Systems, Inc., among others, driving innovation and technological advancements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.