Substation Automation Systems

The Substation Automation Systems market research study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide, all regions, and most major countries. 

The Digital Substation

The automation of substations involves substation measurements, equipment monitoring, equipment protection, substation control functions, and remote grid monitoring and control. Where substations are unmanned, they have a local HMI (Human Machine Interface) or a control panel with remote communications of substation equipment to and from larger control centers that often monitor and control multiple substations.

The substation automation market, including hardware, software, and services, continues to grow as unserved populations get access to electric power and as new renewable generation and grid storage requires substations to modernize.  

China and India are major growth areas for substation automation. China now makes more electric power than the US and the EU 27 combined. India and many other smaller countries are investing in expanded electric infrastructure that includes substations.

Growth in China continues for the moment but may slow down in the future. Many countries that have the financing will continue to build their electrical infrastructure to improve reliable access to power. New substations will be substantially digital and use devices and control systems that communicate using the IEC 61850 standard, which can reduce the substation footprint and lower costs. This market has a steady overall growth, but has large variations depending on the region. Upgrades to established substations are driven by the replacement of older analog devices and controls and many new software applications that improve the ability to manage substations and meet challenges to grid stability.

Substation Automation Systems Strategic Issues

Substation Automation Systems Market ForecastIn addition to providing a five-year market forecast, the Substation Automation market research provides detailed quantitative current market data and addresses key strategic issues as follows.

The Electric Grid in China and other Asian Countries Growing Strongly 

The substation automation report describes why different regions are experiencing different growth patterns. The report covers suppliers worldwide. 

Impact of the COVID-19 Pandemic

While the COVID-19 pandemic did not impact the substation automation market in 2019, there are impacts to this market in 2020 and beyond. The forecast for the substation automation market considers the impact of the COVID-19 pandemic. The substation automation report provides unique insights into the impacts of the outbreak of the coronavirus on the market.

Renewable Generation, the Fastest Growing Source of New Power 

All energy systems will require the utility industry to make near carbon-free electric power before transportation, buildings, and industries can transition away from fossil fuels and use clean electric power, as the world is starting to recognize the importance of decarbonization. The report discusses the complex interplay of economics, utility regulations, and technology that are impacting the future of the electric grid. The growth in renewable generation and new load profiles are discussed in the report.

Evolving Operational Software Execution Systems

With so much new non-dispatchable solar and wind power and the massive expansion of lithium battery production, there are new obstacles and opportunities to ensure a stable electric grid that can meet an increasingly complex load profile. New software applications such as ADMS, DERMS, OMS, and EMS are helping utilities make the best use of assets and helping this segment avoid costly and unnecessary new peaking power plants and associated transmission upgrades. 

Aging Substations Need Upgrades

Existing substation automation systems rely on analog devices and older protocols like ModBus and DNP3. However, new digital substation communications, like the IEC 61850 protocol that connects directly to new IED’s (Intelligent Electronic Devices), are making their way into substations and passing data up to operations centers. The data collected from many private generation and storage systems need to be aggregated for substation automation monitoring. Of course, all this new data communication requires cybersecurity considerations. 

Substation Automation Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • End User Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Hardware Type
    • IED
    • Gateway
    • RTU
    • Controller
    • Server
    • Transformer Monitoring
  • Market Shares by Software Type
    • HMI
    • Substation Automation Management
    • Switching Management
    • Load Management
    • IED Manager
  • Market Shares by Service Type
    • Project
    • Software as a Service
    • Maintenance/Support
    • Installation
  • Market Shares by Substation Type
    • Transmission
    • Distribution
    • Collection
  • Market Shares by Project Size
    • Small (<$250,000)
    • Medium ($250,000 - $1 Million)
    • Large (>$1 Million)
  • Market Shares by Retrofit vs. New
  • Marktet Shares by Substation Ownership
    • Government Agency or State-Owned
    • Investor Owned
    • Rural Electric Co-Op
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Shipments of Substation Automation
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Hardware Type
    • IED
    • Gateway
    • RTU
    • Controller
    • Server
    • Transformer Monitoring
  • Shipments by Software Type
    • HMI
    • Substation Automation Management
    • Switching Management
    • Load Management
    • IED Manager
  • Shipments by Service Type
    • Project
    • Software as a Service
    • Maintenance/Support
    • Installation
  • Shipments by Substation Type
    • Transmission
    • Distribution
    • Collection
  • Shipments by Project Size
    • Small (<$250,000)
    • Medium ($250,000 - $1 Million)
    • Large (>$1 Million)
  • Shipments by Retrofit vs. New
  • Shipments by Sales Channel
  • Shipments by Ownership
    • Investor Owned
    • Rural Electric Co-op
    • Government Agency or State-owned

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Leading Supplier Profiles

List of countries & currencies included in each region:
MIRA-Country.pdf

Country Research Focus Areas

Contact us for the countries available for this study.

For More Information

For more information or to purchase the Substation Automation Systems Market Research Study, please contact us.