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North America Digital Substation Market size is projected to grow exponentially over 2026

Author : Ronak Bora | Published Date : 2020-10-12 

The research document drafted on North America Digital Substation Market value  projected to witness growth on account of rising infrastructural development along with increasing power demand provides an in-depth analysis on this industry with accurate details pertaining to its overall foothold in the global landscape and its application across major end-user industries and sectors.

North America digital substation market, as per the given report, is expected to observe high growth through 2026. The report also envelops crucial information on the current market scenario, emerging technologies, expansive competitive landscape, industry strategies, future growth predictions, and market segmentations.

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It also offers an idea about vivid factors that would potentially drive the expansion of this industry over the stipulated time period, along with providing details of the ongoing trends that the North America digital substation industry is characterized by. The North America digital substation market has aptly been divided on basis of component, architecture, connectivity, application, violtage level, end-use, installation, regional, and competitive landscape.

33 kV to 110 kV digital substation market is projected to grow on account of development of smart grid network coupled with increasing concern toward grid stability and security. Increasing infrastructural investments along with growing expansion of residential establishments will fuel the production deployment. Rapid development of commercial establishments along with growing tourism sector have led to increase in power demand, augmenting the business landscape. Furthermore, increasing fund allocation toward the expansion of cross border network to supply power with less losses will propel the industry potential.

According to the analysis, the North American digital substation market is diversified into U.S., Canada, Mexico and its analysis has been briefly addressed in the document. The report incorporates a study on various parameters contributing towards the growth of regional markets, along with the ongoing growth opportunities prevalent in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

Stringent government norms toward replacement of existing electric infrastructure along with growing demand of cost competitive products will foster the Canada digital substation market. Adoption of decentralized power systems along with increasing need for efficient distribution and transmission networks will amplify the business potential. Moreover, upsurge in demand across sugar mills, airports and colleges & universities will boost the product growth.

The digital substation market in North America is highly concentrated and claims presence of vivid companies including NR Electric, ABB Group, Belden Inc, Emerson Electric, Schneider Electric, General Electric, Eaton Corporation, Siemens AG, Rockwell Automation and L&T. The research report lays emphasis on the sales spectrum of each of these companies, their strategies to maintain the foothold in the market, individual company profiles and market share, and position in the global ecosystem.

[TOC Chapters]

 

Chapter 4.  North America Digital Substation Market Share, By Component (USD)

4.1.      North America digital substation market share by component, 2019 & 2026

4.2.            Substation automation system

4.2.1.  Market estimates and forecast, 2015 – 2026

4.2.2.  Market estimates and forecast, by country, 2015 – 2026

4.3.      Communication network

4.3.1.  Market estimates and forecast, 2015 – 2026

4.3.2.  Market estimates and forecast, by country, 2015 – 2026

4.4.      Electrical system

4.4.1.  Market estimates and forecast, 2015 – 2026

4.4.2.  Market estimates and forecast, by country, 2015 – 2026

4.5.      Monitoring & control system

4.5.1.  Market estimates and forecast, 2015 – 2026

4.5.2.  Market estimates and forecast, by country, 2015 – 2026

4.6.      Others

4.6.1.  Market estimates and forecast, 2015 – 2026

4.6.2.  Market estimates and forecast, by country, 2015 – 2026

Chapter 5.  North America Digital Substation Market Size, By Architecture (USD)

5.1.      North America digital substation market share by architecture, 2019 & 2026

5.2.            Process

5.2.1.  Market estimates and forecast, 2015 – 2026

5.2.2.  Market estimates and forecast, by country, 2015 – 2026

5.3.      Bay

5.3.1.  Market estimates and forecast, 2015 – 2026

5.3.2.  Market estimates and forecast, by country, 2015 – 2026

5.4.      Station

5.4.1.  Market estimates and forecast, 2015 – 2026

5.4.2.  Market estimates and forecast, by country, 2015 – 2026

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1417/north-america-digital-substation-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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