세계의 지능형 디지털 변전소 시장 : 시장 점유율과 순위, 전체 판매 및 수요 예측(2025-2031년)

The global market for Intelligent Digital Substation was estimated to be worth US$ 18771 million in 2024 and is forecast to a readjusted size of US$ 30749 million by 2031 with a CAGR of 7.3% during the forecast period 2025-2031.

Smart digital substation means that the primary electrical equipment in the substation realizes digital communication. The digital primary equipment and the secondary intelligent devices are all data modeled and communicated according to the unified standards of the whole station. Based on intelligent electronic equipment and electronic transformers, the realization of the substation Information sharing and interoperability between internal intelligent electrical equipment, to achieve the effect of digitalization of whole station information, networked communication platform, standardization of information sharing, integration of system functions, compact structure design, intelligentization of high-voltage equipment and visualization of operating status, which can support the power grid Real-time online analysis and control decision-making, thereby improving the reliability and economy of the entire grid operation.

The Intelligent Digital Substation market is undergoing strong growth, driven by global power infrastructure modernization, renewable integration, and demand for smarter, safer, and more efficient grid operation. The convergence of IoT, edge AI, modular designs, and IEC 61850 standards is transforming substations into dynamic digital control centers.

Market Drivers

Grid Modernization & Smart Grid Initiatives: Utilities are transitioning from conventional to digital substations to enhance automation, visibility, and control. Global push for "smart grid" and "intelligent energy systems" is accelerating investment in digital infrastructure. Integration of Renewable Energy: Rapid deployment of wind, solar, and distributed generation demands real-time data, adaptive protection, and scalable substations. Demand for Operational Efficiency: Digital substations reduce manual intervention, downtime, and maintenance cost by enabling remote diagnostics and condition monitoring. IEC 61850 Adoption: Widespread standardization through IEC 61850 promotes interoperability between vendors, simplifying deployment and driving market expansion. Urbanization and Electricity Demand Growth: Developing countries in Asia-Pacific, Africa, and Latin America are expanding their transmission and distribution networks to meet rising urban demand. Focus on Safety and Cybersecurity: Digital substations enhance safety through real-time monitoring and automated response systems, while also addressing cyber resilience through secure protocols.

Market Trends

Shift from Conventional to Digital Substations: Growing replacement of traditional substations with fully digital or hybrid digital substations. Emphasis on Modular, Prefabricated, and Compact Substations Modular GIS-based digital substations are gaining traction due to lower footprint, faster deployment, and reliability. Edge Computing & AI Integration: Intelligent data analytics, fault prediction, and condition-based maintenance are enabled at the edge for faster decisions. Adoption of Optical Sensors & Non-Conventional Instrument Transformers (NCITs): Reduces copper wiring, increases safety, and improves measurement accuracy. Cloud-Based Monitoring and Digital Twins: Utilities increasingly use digital twins for simulation, fault diagnosis, and performance optimization. Cybersecurity Solutions as Core Components: With increased connectivity comes investment in secure architecture, encryption, access control, and compliance systems.

This report aims to provide a comprehensive presentation of the global market for Intelligent Digital Substation, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Intelligent Digital Substation by region & country, by Type, and by Application.

The Intelligent Digital Substation market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Digital Substation.

Market Segmentation

By Company

• ABB
• Siemens
• General Electric
• Schneider Electric
• Hitachi Energy
• Megger
• NARI
• Beijing Sifang

Segment by Type

• Below 110kv
• 111-500kv
• Above 501kv

Segment by Application

• Residential and Commercial
• Industrial

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Intelligent Digital Substation company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Revenue of Intelligent Digital Substation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Revenue of Intelligent Digital Substation in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 Intelligent Digital Substation Product Introduction
• 1.2 Global Intelligent Digital Substation Market Size Forecast (2020-2031)
• 1.3 Intelligent Digital Substation Market Trends & Drivers
  • 1.3.1 Intelligent Digital Substation Industry Trends
  • 1.3.2 Intelligent Digital Substation Market Drivers & Opportunity
  • 1.3.3 Intelligent Digital Substation Market Challenges
  • 1.3.4 Intelligent Digital Substation Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Intelligent Digital Substation Players Revenue Ranking (2024)
• 2.2 Global Intelligent Digital Substation Revenue by Company (2020-2025)
• 2.3 Key Companies Intelligent Digital Substation Manufacturing Base Distribution and Headquarters
• 2.4 Key Companies Intelligent Digital Substation Product Offered
• 2.5 Key Companies Time to Begin Mass Production of Intelligent Digital Substation
• 2.6 Intelligent Digital Substation Market Competitive Analysis
  • 2.6.1 Intelligent Digital Substation Market Concentration Rate (2020-2025)
  • 2.6.2 Global 5 and 10 Largest Companies by Intelligent Digital Substation Revenue in 2024
  • 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Intelligent Digital Substation as of 2024)
• 2.7 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 Below 110kv
  • 3.1.2 111-500kv
  • 3.1.3 Above 501kv
• 3.2 Global Intelligent Digital Substation Sales Value by Type
  • 3.2.1 Global Intelligent Digital Substation Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Intelligent Digital Substation Sales Value, by Type (2020-2031)
  • 3.2.3 Global Intelligent Digital Substation Sales Value, by Type (%) (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Residential and Commercial
  • 4.1.2 Industrial
• 4.2 Global Intelligent Digital Substation Sales Value by Application
  • 4.2.1 Global Intelligent Digital Substation Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Intelligent Digital Substation Sales Value, by Application (2020-2031)
  • 4.2.3 Global Intelligent Digital Substation Sales Value, by Application (%) (2020-2031)

5 Segmentation by Region

• 5.1 Global Intelligent Digital Substation Sales Value by Region
  • 5.1.1 Global Intelligent Digital Substation Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Intelligent Digital Substation Sales Value by Region (2020-2025)
  • 5.1.3 Global Intelligent Digital Substation Sales Value by Region (2026-2031)
  • 5.1.4 Global Intelligent Digital Substation Sales Value by Region (%), (2020-2031)
• 5.2 North America
  • 5.2.1 North America Intelligent Digital Substation Sales Value, 2020-2031
  • 5.2.2 North America Intelligent Digital Substation Sales Value by Country (%), 2024 VS 2031
• 5.3 Europe
  • 5.3.1 Europe Intelligent Digital Substation Sales Value, 2020-2031
  • 5.3.2 Europe Intelligent Digital Substation Sales Value by Country (%), 2024 VS 2031
• 5.4 Asia Pacific
  • 5.4.1 Asia Pacific Intelligent Digital Substation Sales Value, 2020-2031
  • 5.4.2 Asia Pacific Intelligent Digital Substation Sales Value by Region (%), 2024 VS 2031
• 5.5 South America
  • 5.5.1 South America Intelligent Digital Substation Sales Value, 2020-2031
  • 5.5.2 South America Intelligent Digital Substation Sales Value by Country (%), 2024 VS 2031
• 5.6 Middle East & Africa
  • 5.6.1 Middle East & Africa Intelligent Digital Substation Sales Value, 2020-2031
  • 5.6.2 Middle East & Africa Intelligent Digital Substation Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Intelligent Digital Substation Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Intelligent Digital Substation Sales Value, 2020-2031
• 6.3 United States
  • 6.3.1 United States Intelligent Digital Substation Sales Value, 2020-2031
  • 6.3.2 United States Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Intelligent Digital Substation Sales Value, 2020-2031
  • 6.4.2 Europe Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Intelligent Digital Substation Sales Value, 2020-2031
  • 6.5.2 China Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Intelligent Digital Substation Sales Value, 2020-2031
  • 6.6.2 Japan Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Intelligent Digital Substation Sales Value, 2020-2031
  • 6.7.2 South Korea Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Intelligent Digital Substation Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Intelligent Digital Substation Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Intelligent Digital Substation Sales Value, 2020-2031
  • 6.9.2 India Intelligent Digital Substation Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India Intelligent Digital Substation Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 ABB
  • 7.1.1 ABB Profile
  • 7.1.2 ABB Main Business
  • 7.1.3 ABB Intelligent Digital Substation Products, Services and Solutions
  • 7.1.4 ABB Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.1.5 ABB Recent Developments
• 7.2 Siemens
  • 7.2.1 Siemens Profile
  • 7.2.2 Siemens Main Business
  • 7.2.3 Siemens Intelligent Digital Substation Products, Services and Solutions
  • 7.2.4 Siemens Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.2.5 Siemens Recent Developments
• 7.3 General Electric
  • 7.3.1 General Electric Profile
  • 7.3.2 General Electric Main Business
  • 7.3.3 General Electric Intelligent Digital Substation Products, Services and Solutions
  • 7.3.4 General Electric Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.3.5 General Electric Recent Developments
• 7.4 Schneider Electric
  • 7.4.1 Schneider Electric Profile
  • 7.4.2 Schneider Electric Main Business
  • 7.4.3 Schneider Electric Intelligent Digital Substation Products, Services and Solutions
  • 7.4.4 Schneider Electric Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.4.5 Schneider Electric Recent Developments
• 7.5 Hitachi Energy
  • 7.5.1 Hitachi Energy Profile
  • 7.5.2 Hitachi Energy Main Business
  • 7.5.3 Hitachi Energy Intelligent Digital Substation Products, Services and Solutions
  • 7.5.4 Hitachi Energy Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.5.5 Hitachi Energy Recent Developments
• 7.6 Megger
  • 7.6.1 Megger Profile
  • 7.6.2 Megger Main Business
  • 7.6.3 Megger Intelligent Digital Substation Products, Services and Solutions
  • 7.6.4 Megger Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.6.5 Megger Recent Developments
• 7.7 NARI
  • 7.7.1 NARI Profile
  • 7.7.2 NARI Main Business
  • 7.7.3 NARI Intelligent Digital Substation Products, Services and Solutions
  • 7.7.4 NARI Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.7.5 NARI Recent Developments
• 7.8 Beijing Sifang
  • 7.8.1 Beijing Sifang Profile
  • 7.8.2 Beijing Sifang Main Business
  • 7.8.3 Beijing Sifang Intelligent Digital Substation Products, Services and Solutions
  • 7.8.4 Beijing Sifang Intelligent Digital Substation Revenue (US$ Million) & (2020-2025)
  • 7.8.5 Beijing Sifang Recent Developments

8 Industry Chain Analysis

• 8.1 Intelligent Digital Substation Industrial Chain
• 8.2 Intelligent Digital Substation Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Intelligent Digital Substation Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Intelligent Digital Substation Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer