TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 25)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.2.1 INCLUSIONS AND EXCLUSIONS

1.3 STUDY SCOPE

1.3.1 MARKETS COVERED

1.3.2 GEOGRAPHIC SCOPE

1.3.3 YEARS CONSIDERED

1.4 CURRENCY

1.5 LIMITATIONS

1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 29)

2.1 RESEARCH DATA

FIGURE 1 DIGITAL SUBSTATION MARKET: RESEARCH DESIGN

2.1.1 SECONDARY DATA

2.1.1.1 Key data from secondary sources

2.1.2 PRIMARY DATA

2.1.2.1 Breakdown of primaries

2.1.2.2 Key data from primary sources

2.1.3 SECONDARY AND PRIMARY RESEARCH

2.2 MARKET SIZE ESTIMATION

FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED FROM SALE OF DIGITAL SUBSTATIONS

FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): REVENUE FROM HARDWARE/SOFTWARE OF DIGITAL SUBSTATIONS

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIZE) � BOTTOM-UP APPROACH FOR ESTIMATION OF SIZE OF DIGITAL SUBSTATION MARKET BASED ON REGION

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 (DEMAND SIZE) � BOTTOM-UP APPROACH FOR ESTIMATION OF SIZE OF DIGITAL SUBSTATION MARKET BASED ON INDUSTRY

2.2.1 BOTTOM-UP APPROACH

2.2.1.1 Approach used to arrive at market size using bottom-up analysis

FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

2.2.1.2 Approach for obtaining company-specific information in digital substation value chain

2.2.2 TOP-DOWN APPROACH

2.2.2.1 Approach used to arrive at market size using top-down analysis

FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 8 DATA TRIANGULATION METHODOLOGY

2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 42)

3.1 DIGITAL SUBSTATION MARKET: REALISTIC SCENARIO (POST-COVID-19)

FIGURE 9 DIGITAL SUBSTATION MARKET: OPTIMISTIC, REALISTIC, AND PESSIMISTIC SCENARIO ANALYSIS (2017�2025)

3.2 DIGITAL SUBSTATION MARKET: OPTIMISTIC SCENARIO (POST-COVID-19)

3.3 DIGITAL SUBSTATION MARKET: PESSIMISTIC SCENARIO (POST-COVID-19)

FIGURE 10 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

FIGURE 11 TRANSMISSION SEGMENT TO ACCOUNT FOR LARGER SIZE OF DIGITAL SUBSTATION HARDWARE MARKET FROM 2020 TO 2025

FIGURE 12 NEW INSTALLATION TYPE SEGMENT HELD LARGER SHARE OF DIGITAL SUBSTATION MARKET IN 2019

FIGURE 13 UTILITY INDUSTRY SEGMENT HELD LARGEST SHARE OF DIGITAL SUBSTATION MARKET IN 2019

FIGURE 14 APAC ACCOUNTED FOR LARGEST SHARE OF DIGITAL SUBSTATION MARKET IN 2019

4 PREMIUM INSIGHTS (Page No. - 47)

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN DIGITAL SUBSTATION MARKET

FIGURE 15 INCREASING INVESTMENTS IN SMART GRID INFRASTRUCTURE DRIVING MARKET GROWTH

4.2 DIGITAL SUBSTATION MARKET FOR UTILITY, BY TYPE

FIGURE 16 NON-RENEWABLE TO ACCOUNT FOR LARGER SHARE OF UTILITY SEGMENT IN DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

4.3 DIGITAL SUBSTATION MARKET IN APAC, BY INDUSTRY AND COUNTRY

FIGURE 17 UTILITY SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF DIGITAL SUBSTATION MARKET IN APAC IN 2019

4.4 DIGITAL SUBSTATION MARKET, BY VOLTAGE

FIGURE 18 200�500 KV SEGMENT TO GROW AT HIGHEST CAGR IN DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

4.5 DIGITAL SUBSTATION MARKET, BY REGION

FIGURE 19 DIGITAL SUBSTATION MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025

5 MARKET OVERVIEW (Page No. - 50)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 20 MARKET DYNAMICS: OVERVIEW

5.2.1 DRIVERS

5.2.1.1 Investments in smart cities and smart grid infrastructure development

5.2.1.2 Compactness and high efficiency to cater to increasing power demand

5.2.1.3 Superior benefits of digital substations over traditional counterparts

5.2.1.4 Improved safety and effective communication in power distribution and transmission processes

FIGURE 21 DRIVERS AND THEIR IMPACT ON DIGITAL SUBSTATION MARKET

5.2.2 RESTRAINTS

5.2.2.1 High initial set-up costs associated with digital substations

FIGURE 22 RESTRAINT AND ITS IMPACT ON DIGITAL SUBSTATION MARKET

5.2.3 OPPORTUNITIES

5.2.3.1 Rising demand for renewable energy projects

5.2.3.2 Increasing demand for battery technology to generate electricity

FIGURE 23 OPPORTUNITIES AND THEIR IMPACT ON DIGITAL SUBSTATION MARKET

5.2.4 CHALLENGES

5.2.4.1 Concerns regarding cyber attacks

5.2.4.2 COVID-19 negatively impacted renewable energy sector

FIGURE 24 CHALLENGES AND THEIR IMPACT ON DIGITAL SUBSTATION MARKET

5.3 VALUE CHAIN ANALYSIS

FIGURE 25 VALUE CHAIN ANALYSIS: DIGITAL SUBSTATION MARKET

5.3.1 RESEARCH, DESIGN, AND DEVELOPMENT

5.3.2 MANUFACTURING

5.3.3 TRANSMISSION

5.3.4 DISTRIBUTION

5.3.5 POST-SALES SERVICES

6 TECHNOLOGY OVERVIEW (Page No. - 59)

6.1 INTRODUCTION

6.2 CONVENTIONAL VS DIGITAL SUBSTATIONS

TABLE 1 COMPARISON BETWEEN CONVENTIONAL AND DIGITAL SUBSTATIONS

6.3 DIGITAL SUBSTATION ARCHITECTURE

FIGURE 26 DIGITAL SUBSTATION ARCHITECTURE

6.3.1 PROCESS LEVEL

6.3.2 BAY LEVEL

6.3.3 STATION CONTROL LEVEL

6.4 NON-CONVENTIONAL INSTRUMENT TRANSFORMERS (NCIT)

6.4.1 VOLTAGE INSTRUMENT TRANSFORMERS

6.4.2 CURRENT INSTRUMENT TRANSFORMERS

6.5 OVERVIEW OF INTERNATIONAL STANDARD COMMUNICATION PROTOCOLS

6.5.1 IEC 61850

6.5.2 IEC 61850-8-1

6.5.3 IEC 61850-9-2

6.6 LIST OF COMPLETED & ONGOING PROJECTS OF DIGITAL SUBSTATIONS FROM 2017 TO 2020 64

TABLE 2 DIGITAL SUBSTATION PROJECTS IN NORTH AMERICA

TABLE 3 DIGITAL SUBSTATION PROJECTS IN EUROPE

TABLE 4 DIGITAL SUBSTATION PROJECTS IN APAC

TABLE 5 DIGITAL SUBSTATION PROJECTS IN ROW

7 DIGITAL SUBSTATION MARKET, BY MODULE (Page No. - 70)

7.1 INTRODUCTION

FIGURE 27 HARDWARE MODULE SEGMENT TO HOLD LARGEST SIZE OF DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

TABLE 6 DIGITAL SUBSTATION MARKET, BY MODULE, 2017�2025 (USD MILLION)

FIGURE 28 PRE-COVID-19 AND POST-COVID-19 ANALYSIS OF DIGITAL SUBSTATION MARKET FOR HARDWARE, 2020 �2025 (USD MILLION)

7.2 HARDWARE

TABLE 7 DIGITAL SUBSTATION MARKET FOR HARDWARE, BY TYPE, 2017�2025 (USD MILLION)

7.2.1 TRANSFORMERS

7.2.1.1 Growing transformer requirements for smooth operations of digital substations

7.2.2 BUSBARS

7.2.2.1 Increasing demand for busbars to connect lines operating at same voltage levels

7.2.3 PROTECTION DEVICES

7.2.3.1 Circuit breakers

7.2.3.1.1 Rising use of circuit breakers in digital substations to prevent damages caused by faulty components

7.2.3.2 Protective relays

7.2.3.2.1 Surging demand for protective relays from digital substations for fault detection

7.2.3.3 Switchgears

7.2.3.3.1 Rising need for switchgears to ensure reliable and safe power operations in digital substations

7.2.4 INTERFACING UNITS

7.2.4.1 Human-machine interfaces (HMI)

7.2.4.1.1 Growing demand for dashboards with multi-touch capabilities

7.2.4.2 Remote terminal units (RTU)

7.2.4.2.1 Rising adoption of flexible and scalable hardware for remote monitoring of digital substations

7.2.4.3 Programmable logic controllers (PLCs)

7.2.4.3.1 Surging demand for programmable logic controllers to communicate with computer systems in digital substations

7.2.5 OTHERS

7.3 FIBER-OPTIC COMMUNICATION NETWORKS

7.3.1 INCREASING USE OF FIBER-OPTIC CABLES IN DIGITAL SUBSTATIONS FOR FAST COMMUNICATION

7.4 SCADA SYSTEMS

7.4.1 GROWING USE OF SCADA SYSTEMS TO MONITOR AND CONTROL EQUIPMENT OF DIGITAL SUBSTATIONS

7.5 IMPACT OF COVID-19 ON MODULES OF DIGITAL SUBSTATIONS

8 DIGITAL SUBSTATION MARKET, BY TYPE (Page No. - 77)

8.1 INTRODUCTION

FIGURE 29 TRANSMISSION SUBSTATION SEGMENT OF DIGITAL SUBSTATION MARKET TO GROW AT HIGH CAGR FROM 2020 TO 2025

TABLE 8 DIGITAL SUBSTATION MARKET, BY TYPE, 2017�2025 (USD BILLION)

FIGURE 30 PRE-COVID-19 AND POST-COVID-19 ANALYSIS OF TRANSMISSION DIGITAL SUBSTATION MARKET, 2020 �2025 (USD MILLION)

8.2 TRANSMISSION SUBSTATION

8.2.1 TRANSMISSION SUBSTATION SEGMENT TO ACCOUNT FOR LARGE SIZE OF DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

TABLE 9 TRANSMISSION DIGITAL SUBSTATION MARKET, BY REGION, 2017�2025 (USD MILLION)

8.3 DISTRIBUTION SUBSTATION

8.3.1 DISTRIBUTION SUBSTATIONS TO WITNESS INCREASED DEMAND FROM APAC DURING FORECAST PERIOD

TABLE 10 DISTRIBUTION DIGITAL SUBSTATION MARKET, BY REGION, 2017�2025 (USD MILLION)

8.4 IMPACT OF COVID-19 ON TYPES OF DIGITAL SUBSTATIONS

9 DIGITAL SUBSTATION MARKET, BY INSTALLATION TYPE (Page No. - 82)

9.1 INTRODUCTION

FIGURE 31 MARKET FOR NEW SUBSTATIONS EXPECTED TO HOLD LARGER SHARE FROM 2020 AND 2025

TABLE 11 DIGITAL SUBSTATION MARKET, BY INSTALLATION TYPE, 2017�2025 (USD BILLION)

9.2 NEW INSTALLATIONS

9.2.1 NEW INSTALLATIONS TO ACCOUNT FOR LARGER SIZE OF DIGITAL SUBSTATION MARKET FROM 2020 TO 2025

TABLE 12 DIGITAL SUBSTATION MARKET FOR NEW INSTALLATIONS, BY REGION, 2017�2025 (USD MILLION)

9.3 RETROFIT INSTALLATIONS

9.3.1 INCREASED NEED FOR GREATER SYSTEM & PERSONNEL SAFETY ENCOURAGES ADOPTION OF RETROFIT INSTALLATIONS

TABLE 13 DIGITAL SUBSTATION MARKET FOR RETROFIT INSTALLATIONS, BY REGION, 2017�2025 (USD MILLION)

9.4 IMPACT OF COVID-19 ON INSTALLATION TYPES OF DIGITAL SUBSTATIONS

10 DIGITAL SUBSTATION MARKET, BY VOLTAGE (Page No. - 86)

10.1 INTRODUCTION

FIGURE 32 MARKET FOR DIGITAL SUBSTATIONS WITH VOLTAGE RANGE OF 220�550 KV IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

TABLE 14 DIGITAL SUBSTATION MARKET, BY VOLTAGE, 2017�2025 (USD MILLION)

10.2 UP TO 220 KV

10.2.1 ABILITY TO TRANSMIT POWER OVER LONG DISTANCES AS WELL AS IN INDUSTRIAL INFRASTRUCTURE

FIGURE 33 PRE-COVID-19 AND POST-COVID-19 ANALYSIS OF MARKET FOR DIGITAL SUBSTATIONS OF UP TO 220 KV VOLTAGE

TABLE 15 DIGITAL SUBSTATION MARKET FOR UP TO 220 KV RANGE, BY REGION, 2017�2025 (USD MILLION)

10.3 220�550 KV

10.3.1 MARKET FOR DIGITAL SUBSTATIONS OF RANGE 220�550 KV VOLTAGE TO GROW AT HIGHEST RATE DURING FORECAST PERIOD

TABLE 16 DIGITAL SUBSTATION MARKET FOR 220�500 KV RANGE, BY REGION, 2017�2025 (USD MILLION)

10.4 ABOVE 550 KV

10.4.1 ATTRACTIVE OPPORTUNITY DUE TO RISE IN POWER-GENERATION CAPACITIES AND REDUCTION IN TRANSMISSION LOSSES

TABLE 17 DIGITAL SUBSTATION MARKET FOR ABOVE 500 KV RANGE, BY REGION, 2017�2025 (USD MILLION)

10.5 IMPACT OF COVID-19 ON VOLTAGE OF DIGITAL SUBSTATIONS

11 DIGITAL SUBSTATION MARKET, BY INDUSTRY (Page No. - 91)

11.1 INTRODUCTION

FIGURE 34 UTILITY INDUSTRY IS EXPECTED TO HOLD LARGEST SHARE OF DIGITAL SUBSTATION MARKET IN 2025

TABLE 18 DIGITAL SUBSTATION MARKET, BY INDUSTRY, 2017�2025 (USD MILLION)

11.2 UTILITY

TABLE 19 DIGITAL SUBSTATION MARKET FOR UTILITY, BY REGION, 2017�2025 (USD MILLION)

FIGURE 35 PRE-COVID-19 AND POST-COVID-19 ANALYSIS OF MARKET FOR UTILITY, 2020�2025 (USD MILLION)

TABLE 20 DIGITAL SUBSTATION MARKET FOR UTILITY, BY TYPE, 2017�2025 (USD MILLION)

11.2.1 NON-RENEWABLES

11.2.1.1 Non-renewables hold largest share of market for utility

TABLE 21 DIGITAL SUBSTATION MARKET FOR UTILITY, BY NON-RENEWABLE SOURCE TYPE, 2017�2025 (USD MILLION)

TABLE 22 DIGITAL SUBSTATION MARKET FOR NON-RENEWABLE SOURCE, BY REGION, 2017�2025 (USD MILLION)

11.2.2 RENEWABLES

11.2.2.1 Decline in price of electricity generated from renewable sources of energy leading to adoption of digital substations in utility industry

TABLE 23 DIGITAL SUBSTATION MARKET FOR UTILITY, BY RENEWABLE SOURCE TYPE, 2017�2025 (USD MILLION)

FIGURE 36 PRE-COVID-19 AND POST-COVID-19 ANALYSIS OF MARKET FOR RENEWABLE SOURCES, 2020�2025 (USD MILLION)

TABLE 24 DIGITAL SUBSTATION MARKET FOR RENEWABLE SOURCES, BY REGION, 2017�2025 (USD MILLION)

11.3 HEAVY INDUSTRIES

11.3.1 INCREASED ADOPTION OF DIGITAL SUBSTATIONS IN HEAVY INDUSTRIES TO ENSURE IMPROVED QUALITY AND UNINTERRUPTED POWER SUPPLY

TABLE 25 DIGITAL SUBSTATION MARKET FOR HEAVY INDUSTRIES, BY REGION, 2017�2025 (USD MILLION)

11.4 TRANSPORTATION

11.4.1 RISE IN ADOPTION OF DIGITAL SUBSTATIONS FOR RAILWAYS AND METROS TO PREVENT FROM POWER INTERRUPTION

TABLE 26 DIGITAL SUBSTATION MARKET FOR TRANSPORTATION, BY REGION, 2017�2025 (USD MILLION)

11.5 OTHERS

TABLE 27 DIGITAL SUBSTATION MARKET FOR OTHER INDUSTRIES, BY REGION, 2017�2025 (USD MILLION)

11.6 IMPACT OF COVID-19 ON INDUSTRY OF DIGITAL SUBSTATIONS

12 GEOGRAPHY ANALYSIS (Page No. - 101)

12.1 INTRODUCTION

FIGURE 37 DIGITAL SUBSTATION MARKET IN INDIA TO REGISTER HIGHEST CAGR BETWEEN 2020 AND 2025

TABLE 28 DIGITAL SUBSTATION MARKET, BY REGION, 2017�2025 (USD BILLION)

12.2 NORTH AMERICA

FIGURE 38 SNAPSHOT OF DIGITAL SUBSTATION MARKET IN NORTH AMERICA

TABLE 29 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 30 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY HARDWARE, 2017�2025 (USD MILLION)

TABLE 31 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY TYPE, 2017�2025 (USD MILLION)

TABLE 32 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY VOLTAGE, 2017�2025 (USD MILLION)

TABLE 33 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY INSTALLATION TYPE, 2017�2025 (USD MILLION)

TABLE 34 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 35 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY UTILITY, 2017�2025 (USD MILLION)

TABLE 36 DIGITAL SUBSTATION MARKET IN NORTH AMERICA, BY COUNTRY, 2017�2025 (USD MILLION)

12.2.1 US

12.2.1.1 Increasing investments by energy companies to modernize grid system

TABLE 37 DIGITAL SUBSTATION MARKET IN US, BY MODULE, 2017�2025 (USD MILLION)

TABLE 38 DIGITAL SUBSTATION MARKET IN US, BY INDUSTRY, 2017�2025 (USD MILLION)

12.2.2 CANADA

12.2.2.1 High focus on electric grid security and resilience energy

TABLE 39 DIGITAL SUBSTATION MARKET IN CANADA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 40 DIGITAL SUBSTATION MARKET IN CANADA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.2.3 MEXICO

12.2.3.1 Significant growth of the smart grid exports market

TABLE 41 DIGITAL SUBSTATION MARKET IN MEXICO, BY MODULE, 2017�2025 (USD MILLION)

TABLE 42 DIGITAL SUBSTATION MARKET IN MEXICO, BY INDUSTRY, 2017�2025 (USD MILLION)

FIGURE 39 PRE- AND POST-COVID-19 ANALYSIS OF MARKET IN NORTH AMERICA, 2020�2025 (USD MILLION)

12.2.4 IMPACT OF COVID-19 ON NORTH AMERICAN MARKET

12.3 EUROPE

FIGURE 40 SNAPSHOT OF DIGITAL SUBSTATION MARKET IN EUROPE

TABLE 43 DIGITAL SUBSTATION MARKET IN EUROPE, BY MODULE, 2017�2025 (USD MILLION)

TABLE 44 DIGITAL SUBSTATION MARKET IN EUROPE, BY HARDWARE, 2017�2025 (USD MILLION)

TABLE 45 DIGITAL SUBSTATION MARKET IN EUROPE, BY TYPE, 2017�2025 (USD MILLION)

TABLE 46 DIGITAL SUBSTATION MARKET IN EUROPE, BY VOLTAGE, 2017�2025 (USD MILLION)

TABLE 47 DIGITAL SUBSTATION MARKET IN EUROPE, INSTALLATION TYPE, 2017�2025 (USD MILLION)

TABLE 48 DIGITAL SUBSTATION MARKET IN EUROPE, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 49 DIGITAL SUBSTATION MARKET IN EUROPE, BY UTILITY, 2017�2025 (USD MILLION)

TABLE 50 DIGITAL SUBSTATION MARKET IN EUROPE, BY COUNTRY, 2017�2025 (USD MILLION)

12.3.1 UK

12.3.1.1 FITNESS project is expected to increase the installation of digital substations

TABLE 51 DIGITAL SUBSTATION MARKET IN UK, BY MODULE, 2017�2025 (USD MILLION)

TABLE 52 DIGITAL SUBSTATION MARKET IN UK, BY INDUSTRY, 2017�2025 (USD MILLION)

12.3.2 GERMANY

12.3.2.1 Increasing installation of digital substations in the industrial sector

TABLE 53 DIGITAL SUBSTATION MARKET IN GERMANY, BY MODULE, 2017�2025 (USD MILLION)

TABLE 54 DIGITAL SUBSTATION MARKET IN GERMANY, BY INDUSTRY, 2017�2025 (USD MILLION)

12.3.3 FRANCE

12.3.3.1 High focus on renewable energy to increase demand for digital substations

TABLE 55 DIGITAL SUBSTATION MARKET IN FRANCE, BY MODULE, 2017�2025 (USD MILLION)

TABLE 56 DIGITAL SUBSTATION MARKET IN FRANCE, BY INDUSTRY, 2017�2025 (USD MILLION)

12.3.4 ITALY

12.3.4.1 Serval programs initiated by the government for digitization of energy & power sector

TABLE 57 DIGITAL SUBSTATION MARKET IN ITALY, BY MODULE, 2017�2025 (USD MILLION)

TABLE 58 DIGITAL SUBSTATION MARKET IN ITALY, BY INDUSTRY, 2017�2025 (USD MILLION)

12.3.5 REST OF EUROPE

TABLE 59 DIGITAL SUBSTATION MARKET IN REST OF EUROPE, BY MODULE, 2017�2025 (USD MILLION)

TABLE 60 DIGITAL SUBSTATION MARKET IN REST OF EUROPE, BY INDUSTRY, 2017�2025 (USD MILLION)

12.3.6 IMPACT OF COVID-19 ON EUROPEAN MARKET

12.4 ASIA PACIFIC

FIGURE 41 SNAPSHOT OF DIGITAL SUBSTATION MARKET IN ASIA PACIFIC

TABLE 61 DIGITAL SUBSTATION MARKET IN APAC, BY MODULE, 2017�2025 (USD MILLION)

TABLE 62 DIGITAL SUBSTATION MARKET IN APAC, BY HARDWARE, 2017�2025 (USD MILLION)

TABLE 63 DIGITAL SUBSTATION MARKET IN APAC, BY TYPE, 2017�2025 (USD MILLION)

TABLE 64 DIGITAL SUBSTATION MARKET IN APAC, BY INSTALLATION TYPE, 2017�2025 (USD MILLION)

TABLE 65 DIGITAL SUBSTATION MARKET IN APAC, BY VOLTAGE, 2017�2025 (USD MILLION)

TABLE 66 DIGITAL SUBSTATION MARKET IN APAC, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 67 DIGITAL SUBSTATION MARKET IN APAC, BY UTILITY, 2017�2025 (USD MILLION)

TABLE 68 DIGITAL SUBSTATION MARKET IN APAC, BY COUNTRY, 2017�2025 (USD MILLION)

12.4.1 CHINA

12.4.1.1 Increasing installation of digital substations in China

TABLE 69 DIGITAL SUBSTATION MARKET IN CHINA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 70 DIGITAL SUBSTATION MARKET IN CHINA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.4.2 JAPAN

12.4.2.1 Increasing focus on rebuilding power grids and substations

TABLE 71 DIGITAL SUBSTATION MARKET IN JAPAN, BY MODULE, 2017�2025 (USD MILLION)

TABLE 72 DIGITAL SUBSTATION MARKET IN JAPAN, BY INDUSTRY, 2017�2025 (USD MILLION)

12.4.3 INDIA

12.4.3.1 Increased government investments in infrastructure projects to boost the power generation capacity in India

TABLE 73 DIGITAL SUBSTATION MARKET IN INDIA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 74 DIGITAL SUBSTATION MARKET IN INDIA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.4.4 SOUTH KOREA

12.4.4.1 Increasing focus on digitization of grids

TABLE 75 DIGITAL SUBSTATION MARKET IN SOUTH KOREA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 76 DIGITAL SUBSTATION MARKET IN SOUTH KOREA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.4.5 AUSTRALIA

12.4.5.1 Installation of digital substations in Australia is expected to increase in the long run

TABLE 77 DIGITAL SUBSTATION MARKET IN AUSTRALIA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 78 DIGITAL SUBSTATION MARKET IN AUSTRALIA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.4.6 REST OF APAC

TABLE 79 DIGITAL SUBSTATION MARKET IN REST OF APAC, BY MODULE, 2017�2025 (USD MILLION)

TABLE 80 DIGITAL SUBSTATION MARKET IN REST OF APAC, BY INDUSTRY, 2017�2025 (USD MILLION)

FIGURE 42 PRE- AND POST-COVID-19 ANALYSIS OF MARKET FOR APAC, 2020�2025 (USD MILLION)

12.4.7 IMPACT OF COVID-19 ON APAC MARKET

12.5 REST OF THE WORLD

FIGURE 43 SNAPSHOT OF DIGITAL SUBSTATION MARKET IN ROW

TABLE 81 DIGITAL SUBSTATION MARKET IN ROW, BY MODULE, 2017�2025 (USD MILLION)

TABLE 82 DIGITAL SUBSTATION MARKET IN ROW, BY HARDWARE, 2017�2025 (USD MILLION)

TABLE 83 DIGITAL SUBSTATION MARKET IN ROW, BY TYPE, 2017�2025 (USD MILLION)

TABLE 84 DIGITAL SUBSTATION MARKET IN ROW, BY INSTALLATION TYPE, 2017�2025 (USD MILLION)

TABLE 85 DIGITAL SUBSTATION MARKET IN ROW, BY VOLTAGE, 2017�2025 (USD MILLION)

TABLE 86 DIGITAL SUBSTATION MARKET IN ROW, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 87 DIGITAL SUBSTATION MARKET IN ROW, BY UTILITY, 2017�2025 (USD MILLION)

TABLE 88 DIGITAL SUBSTATION MARKET IN ROW, BY REGION, 2017�2025 (USD MILLION)

12.5.1 MIDDLE EAST

TABLE 89 DIGITAL SUBSTATION MARKET IN MIDDLE EAST, BY MODULE, 2017�2025 (USD MILLION)

TABLE 90 DIGITAL SUBSTATION MARKET IN MIDDLE EAST, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 91 DIGITAL SUBSTATION MARKET IN MIDDLE EAST, BY COUNTRY, 2017�2025 (USD MILLION)

12.5.1.1 UAE

12.5.1.1.1 Increasing focus on improving the efficiency of the grid

TABLE 92 DIGITAL SUBSTATION MARKET IN UAE, BY MODULE, 2017�2025 (USD MILLION)

TABLE 93 DIGITAL SUBSTATION MARKET IN UAE, BY INDUSTRY, 2017�2025 (USD MILLION)

12.5.1.2 Saudi Arabia

12.5.1.2.1 Increasing installation of digital substations in heavy industries

TABLE 94 DIGITAL SUBSTATION MARKET IN SAUDI ARABIA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 95 DIGITAL SUBSTATION MARKET IN SAUDI ARABIA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.5.1.3 Rest of the Middle East

TABLE 96 DIGITAL SUBSTATION MARKET IN REST OF MIDDLE EAST, BY MODULE, 2017�2025 (USD MILLION)

TABLE 97 DIGITAL SUBSTATION MARKET IN REST OF MIDDLE EAST, BY INDUSTRY, 2017�2025 (USD MILLION)

12.5.2 AFRICA

12.5.2.1 Upgradation of power facilities to meet rising demand for electricity

TABLE 98 DIGITAL SUBSTATION MARKET IN AFRICA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 99 DIGITAL SUBSTATION MARKET IN AFRICA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.5.3 SOUTH AMERICA

TABLE 100 DIGITAL SUBSTATION MARKET IN SOUTH AMERICA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 101 DIGITAL SUBSTATION MARKET IN SOUTH AMERICA, BY INDUSTRY, 2017�2025 (USD MILLION)

TABLE 102 DIGITAL SUBSTATION MARKET IN SOUTH AMERICA, BY COUNTRY, 2017�2025 (USD MILLION)

12.5.3.1 Brazil

12.5.3.1.1 Increasing focus on smart grid infrastructure

TABLE 103 DIGITAL SUBSTATION MARKET IN BRAZIL, BY MODULE, 2017�2025 (USD MILLION)

TABLE 104 DIGITAL SUBSTATION MARKET IN BRAZIL, BY INDUSTRY, 2017�2025 (USD MILLION)

12.5.3.2 Rest of South America

TABLE 105 DIGITAL SUBSTATION MARKET IN REST OF SOUTH AMERICA, BY MODULE, 2017�2025 (USD MILLION)

TABLE 106 DIGITAL SUBSTATION MARKET IN REST OF SOUTH AMERICA, BY INDUSTRY, 2017�2025 (USD MILLION)

12.6 IMPACT OF COVID-19 ON REST OF THE WORLD MARKET

13 COMPETITIVE LANDSCAPE (Page No. - 139)

13.1 OVERVIEW

FIGURE 44 PRODUCT LAUNCHES/DEVELOPMENTS, 2017�2020

13.2 RANKING ANALYSIS OF KEY PLAYERS IN DIGITAL SUBSTATION MARKET

FIGURE 45 DIGITAL SUBSTATION MARKET: RANKING OF KEY COMPANIES IN 2019

13.3 COMPETITIVE SITUATIONS AND TRENDS

13.3.1 PRODUCT LAUNCHES

TABLE 107 PRODUCT LAUNCHES, 2017�2020

13.3.2 AGREEMENTS

TABLE 108 AGREEMENTS, 2017�2019

13.3.3 CONTRACTS

TABLE 109 CONTRACTS, 2017�2020

13.3.4 EXPANSIONS

TABLE 110 EXPANSIONS, 2017�2020

13.3.5 PARTNERSHIPS

TABLE 111 PARTNERSHIPS, 2017�2019

13.3.6 ACQUISITIONS

TABLE 112 ACQUISITIONS, 2016�2019

13.4 COMPETITIVE LEADERSHIP MAPPING, 2019

13.4.1 VISIONARY LEADERS

13.4.2 DYNAMIC DIFFERENTIATORS

13.4.3 INNOVATORS

13.4.4 EMERGING COMPANIES

FIGURE 46 COMPETITIVE LEADERSHIP MAPPING, 2019

14 COMPANY PROFILES (Page No. - 149)

14.1 KEY PLAYERS

(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*

14.1.1 ABB

FIGURE 47 ABB: COMPANY SNAPSHOT

14.1.2 GENERAL ELECTRIC (GE)

FIGURE 48 GENERAL ELECTRIC: COMPANY SNAPSHOT

14.1.3 SIEMENS

FIGURE 49 SIEMENS: COMPANY SNAPSHOT

14.1.4 EATON

FIGURE 50 EATON: COMPANY SNAPSHOT

14.1.5 SCHNEIDER ELECTRIC

FIGURE 51 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT

14.1.6 HONEYWELL

FIGURE 52 HONEYWELL: COMPANY SNAPSHOT

14.1.7 CISCO

FIGURE 53 CISCO: COMPANY SNAPSHOT

14.1.8 EMERSON

FIGURE 54 EMERSON: COMPANY SNAPSHOT

14.1.9 NR ELECTRIC

14.1.10 LARSEN & TOUBRO

FIGURE 55 LARSEN & TOUBRO: COMPANY SNAPSHOT

*Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

14.2 RIGHT TO WIN

14.3 OTHER IMPORTANT PLAYERS

14.3.1 SCHWEITZER ENGINEERING LABORATORIES, INC.

14.3.2 WELOTEC GMBH

14.3.3 TCS DIGITAL

14.3.4 GUODIAN NANJING AUTOMATION CO., LTD.

14.3.5 TESCO AUTOMATION INC.

14.3.6 LOCAMATION

14.3.7 BEIJING SIFANG AUTOMATION CO., LTD.

14.3.8 NETCONTROL GROUP

14.3.9 PROSOFT-SYSTEMS

14.3.10 FUJI ELECTRIC

14.3.11 EFACEC

14.3.12 TEKVEL

14.3.13 IGRID T&D

14.3.14 CADILLAC AUTOMATION AND CONTROLS

14.3.15 I-TOR

15 APPENDIX (Page No. - 192)

15.1 INSIGHTS FROM INDUSTRY EXPERTS

15.2 DISCUSSION GUIDE

15.3 KNOWLEDGE STORE: MARKETSANDMARKETS� SUBSCRIPTION PORTAL

15.4 AVAILABLE CUSTOMIZATIONS

15.5 RELATED REPORTS

15.6 AUTHOR DETAILS