Product Code: ETC4588017 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Digital substations leverage advanced sensors, communication, and automation technologies to improve reliability, efficiency, and safety in electrical power distribution and transmission systems. In Ghana, the digital substation market is expanding as utilities and grid operators upgrade aging infrastructure, enhance grid resilience, and integrate renewable energy sources into the power grid.
The demand for digital substations to enhance grid intelligence, reliability, and efficiency in electrical power transmission and distribution networks in Ghana is driving the growth of the digital substation market. Digital substations leverage IoT, sensors, and communication technologies to monitor, control, and automate substation operations, driving grid modernization, resilience, and sustainability in the energy sector.
Challenges in the digital substation market in Ghana include infrastructure upgrades and interoperability requirements for transitioning from conventional to digital substations. Moreover, addressing cybersecurity risks and grid stability concerns may pose challenges for digital substation deployment and integration into smart grid systems.
With a focus on modernizing the energy sector, the Ghana government has introduced policies to promote the deployment of digital substations. These policies include incentivizing utilities to upgrade their infrastructure with digital substations, promoting standards and interoperability to facilitate integration with existing grid systems, and fostering partnerships with international suppliers and technology providers to transfer knowledge and expertise in digital substation design and implementation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Digital Substation Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Digital Substation Market Revenues & Volume, 2020 & 2030F |
3.3 Ghana Digital Substation Market - Industry Life Cycle |
3.4 Ghana Digital Substation Market - Porter's Five Forces |
3.5 Ghana Digital Substation Market Revenues & Volume Share, By Module, 2020 & 2030F |
3.6 Ghana Digital Substation Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Ghana Digital Substation Market Revenues & Volume Share, By Installation Type, 2020 & 2030F |
3.8 Ghana Digital Substation Market Revenues & Volume Share, By Voltage, 2020 & 2030F |
3.9 Ghana Digital Substation Market Revenues & Volume Share, By Industry, 2020 & 2030F |
4 Ghana Digital Substation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Digital Substation Market Trends |
6 Ghana Digital Substation Market, By Types |
6.1 Ghana Digital Substation Market, By Module |
6.1.1 Overview and Analysis |
6.1.2 Ghana Digital Substation Market Revenues & Volume, By Module, 2020 - 2030F |
6.1.3 Ghana Digital Substation Market Revenues & Volume, By Hardware, 2020 - 2030F |
6.1.4 Ghana Digital Substation Market Revenues & Volume, By Fiber-Optic Communication Networks, 2020 - 2030F |
6.1.5 Ghana Digital Substation Market Revenues & Volume, By Scada Systems, 2020 - 2030F |
6.2 Ghana Digital Substation Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Ghana Digital Substation Market Revenues & Volume, By Transmission , 2020 - 2030F |
6.2.3 Ghana Digital Substation Market Revenues & Volume, By Distribution, 2020 - 2030F |
6.3 Ghana Digital Substation Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Ghana Digital Substation Market Revenues & Volume, By New Installations, 2020 - 2030F |
6.3.3 Ghana Digital Substation Market Revenues & Volume, By Retrofit Installations, 2020 - 2030F |
6.4 Ghana Digital Substation Market, By Voltage |
6.4.1 Overview and Analysis |
6.4.2 Ghana Digital Substation Market Revenues & Volume, By Up to 220kV, 2020 - 2030F |
6.4.3 Ghana Digital Substation Market Revenues & Volume, By 220-500kV, 2020 - 2030F |
6.4.4 Ghana Digital Substation Market Revenues & Volume, By Above 500kV, 2020 - 2030F |
6.5 Ghana Digital Substation Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 Ghana Digital Substation Market Revenues & Volume, By Utility, 2020 - 2030F |
6.5.3 Ghana Digital Substation Market Revenues & Volume, By Heavy Industries, 2020 - 2030F |
6.5.4 Ghana Digital Substation Market Revenues & Volume, By Transportation, 2020 - 2030F |
6.5.5 Ghana Digital Substation Market Revenues & Volume, By Others, 2020 - 2030F |
7 Ghana Digital Substation Market Import-Export Trade Statistics |
7.1 Ghana Digital Substation Market Export to Major Countries |
7.2 Ghana Digital Substation Market Imports from Major Countries |
8 Ghana Digital Substation Market Key Performance Indicators |
9 Ghana Digital Substation Market - Opportunity Assessment |
9.1 Ghana Digital Substation Market Opportunity Assessment, By Module, 2020 & 2030F |
9.2 Ghana Digital Substation Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Ghana Digital Substation Market Opportunity Assessment, By Installation Type, 2020 & 2030F |
9.4 Ghana Digital Substation Market Opportunity Assessment, By Voltage, 2020 & 2030F |
9.5 Ghana Digital Substation Market Opportunity Assessment, By Industry, 2020 & 2030F |
10 Ghana Digital Substation Market - Competitive Landscape |
10.1 Ghana Digital Substation Market Revenue Share, By Companies, 2023 |
10.2 Ghana Digital Substation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |