2032 Forecast: Substation Automation Market Share, Trends, and Key...

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2025-08-01 10:45:23 -

2032 Forecast: Substation Automation Market Share, Trends, and Key Drivers Explained

The global substation automation market size was valued at USD 45.66 billion in 2024 and is projected to grow from USD 48.47 billion in 2025 to USD 77.19 billion by 2032, exhibiting a CAGR of 6.87% during the forecast period. The market focuses on the formulation of digital substations, advanced protection schemes, and cybersecurity measures. Substation automation is widely...

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