How Big is the Substation Automation Market | Industry Trends & Forecast 2025

Code: MTA9040 Publication Date: Sep 2025

How Big is the Substation Automation Market?

According to 6Wresearch internal database and industry insights, the Global Substation Automation Market was valued at USD 20.5 Billion in 2024 and is expected to reach USD 33.1 Billion by 2031, growing at a compound annual growth rate of 8.17% during the forecast period (2025-2031).

The expansion of the market is driven by rising demand for efficient power distribution, increasing deployment of smart grid solutions, growing need for real-time monitoring and control of substations, and advancements in digital substation technologies.

Key Growth Drivers of the Substation Automation Market

  • The use of smart electronic devices for real-time monitoring is growing.
  • Growing expenditures for the integration of renewable energy sources and smart grid
  • Increasing demand for more operational efficiency and dependability in power distribution
  • Developments in control systems and communication protocols
  • Expansion of the power infrastructure in cities and industries

Substation Automation Market Trends

The Substation Automation Market is witnessing major growth with notable trends such as the integration of IoT and cloud-based monitoring for predictive maintenance. Companies are implementing advanced SCADA systems for real-time control. Adoption of digital twin technologies is enhancing substation performance and fault detection.

Cybersecurity measures for substation automation are becoming a priority. The use of modular and compact designs for easier installation is increasing. Remote operation and monitoring of substations are gaining traction. AI-driven analytics and automated fault management are emerging trends. Integration with renewable energy sources and microgrid systems is expanding the market potential.

Emerging Developments in the Substation Automation Market

The Substation Automation Market is accelerating with advancements in AI-enabled control systems and predictive maintenance solutions. Increasing investment in smart sensors and automated switchgear is ongoing. The development of communication standards and interoperability solutions is improving system efficiency. Remote monitoring and control technologies are expanding operational capabilities.

Businesses are concentrating on low-loss and energy-efficient substation equipment. There is a growing trend of integrating distributed energy resources with substation automation. Utilities and technology providers are forming more partnerships. Reliability is being improved by implementing resilient and sustainable substation designs.

List of Leading Companies in the Substation Automation Market

Some of the leading companies include:

  • Siemens AG
  • ABB Ltd.
  • Schneider Electric
  • General Electric
  • Hitachi Energy
  • Eaton Corporation
  • Mitsubishi Electric

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