The Asia Pacific digital substation market is determined to record steadfast growth, with a CAGR of 6.40% during the forecast period. The increasing demand for power and rising government expenditure are the factors propelling the growth of the market. The Asia Pacific region is segregated into various market regions, such as Japan, India, China, Australia, South Korea, and the Rest of the Asia Pacific. The active participation of the government in order to enhance power transmission and distribution infrastructure, and the promotion of renewable energy initiatives, are the primary drivers of market growth in these regions.

ASIA PACIFIC DIGITAL SUBSTATION MARKET FORECAST 2019-2027

Asia Pacific Digital Substation Market by Module (Hardware (Transformers, Busbars) Protection Devices (Circuit Breakers, Protective Relay, Switchgear) Interfacing Units (Human–machine Interfaces, Remote Terminal Units, Programmable Logic Controllers) Fiber Optic Communication Network, Scada Systems) by Type (Transmission Substation, Distribution Substation) by Voltage (Up to 220 Kv, 220-550 Kv, Above 550 Kv) by Industry (Utility (Non-renewables, Renewables) Metal, Mining, Oil & Gas, Transportation) & by Geography

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The Asia Pacific digital substation market is determined to record steadfast growth, with a CAGR of 6.40% during the forecast period. The increasing demand for power and rising government expenditure, are the factors propelling the growth of the market.

The Asia Pacific region is segregated into various market regions, such as Japan, India, China, Australia, South Korea, and the Rest of the Asia Pacific. The active participation of the government in order to enhance power transmission and distribution infrastructure, and the promotion of renewable energy initiatives, are the primary drivers of market growth in these regions. Digital substation finds its application in the electric network, and since it is an essential component, there is a need for constant managing of the flexibility of transmission, and power distribution. This requires investments. Further, the smart city projects entail the up-gradation of city infrastructure, which includes the distribution of power. For this purpose, there is an increasing need for digital substations deployment, and since it’s cost-effective, the increasing demand drives the market growth in most of the countries in the region. All these aspects drive the overall market of the region.

There are diverse companies operating in the digital substation market, through mergers and acquisitions. Larsen and Tourbo Limited is a global supplier of products and services in sectors like electrical defence, finance, automation, infrastructure, shipbuilding, etc. The company houses a global workforce and has its headquarters at Mumbai, India.

 

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    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • HARDWARE IS THE MAJORLY USED MODULE FOR DIGITAL SUBSTATION
        • TRANSMISSION SUBSTATION IS THE LARGEST TYPE OF DIGITAL SUBSTATION
        • 220–550 kV VOLTAGE DIGITAL SUBSTATIONS ARE THE FASTEST-GROWING AMONG OTHER VOLTAGE SEGMENTS
        • TRANSPORTATION IS RAPIDLY ADOPTING DIGITAL SUBSTATION
    1. MARKET DYNAMICS
      • MARKET DEFINITION & SCOPE
      • MARKET DRIVERS
        • RISE IN POWER DEMAND WITH LIMITED SPACE AVAILABILITY
        • INCREASING INFRASTRUCTURE DEVELOPMENT IN SMART CITIES
        • IMPROVED SAFETY AND REDUCED MAINTENANCE COSTS
        • RISING DEMAND FOR REPLACING TRADITIONAL SUBSTATION INFRASTRUCTURE
      • MARKET RESTRAINTS
        • HIGH INITIAL INVESTMENT
      • MARKET OPPORTUNITIES
        • GROWING DEMAND FOR RENEWABLE ENERGY PROJECTS
        • RISING DEMAND FOR BATTERY TECHNOLOGY
        • TECHNOLOGICAL ADVANCEMENTS IN DIGITAL SUBSTATIONS
      • MARKET CHALLENGES
        • CONTROLLING CYBERSECURITY RISKS
    1. MARKET BY MODULE
      • HARDWARE
        • TRANSFORMERS
        • BUSBARS
        • PROTECTION DEVICES
          • CIRCUIT BREAKERS
          • PROTECTIVE RELAY
          • SWITCHGEAR
        • INTERFACING UNITS
          • HUMAN–MACHINE INTERFACES
          • REMOTE TERMINAL UNITS
          • PROGRAMMABLE LOGIC CONTROLLERS
        • FIBER OPTIC COMMUNICATION NETWORK
        • SCADA SYSTEMS
    1. MARKET BY TYPE
      • TRANSMISSION SUBSTATION
      • DISTRIBUTION SUBSTATION
    2. MARKET BY VOLTAGE
      • UP TO 220 KV
      • 220-550 KV
      • ABOVE 550 KV
    3. MARKET BY INDUSTRY
      • UTILITY
        • NON-RENEWABLES
        • RENEWABLES
      • METAL
      • MINING
      • OIL & GAS
      • TRANSPORTATION
    4. KEY ANALYTICS
      • PORTER’S FIVE FORCE MODEL
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE
        • BARGAINING POWER OF SUPPLIERS
        • BARGAINING POWER OF BUYERS
        • INTENSITY OF COMPETITIVE RIVALRY
      • KEY BUYING CRITERIA
      • VALUE CHAIN ANALYSIS
      • REGULATORY FRAMEWORK
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    5. GEOGRAPHICAL ANALYSIS
      • ASIA PACIFIC
        • INDIA
        • CHINA
        • JAPAN
        • SOUTH KOREA
        • AUSTRALIA
        • REST OF ASIA PACIFIC
    1. COMPETITIVE LANDSCAPE
      • COMPANY PROFILES
        • ABB Group
        • CISCO
        • EATON CORPORATION
        • EMERSON ELECTRIC
        • FUJI ELECTRIC
        • GENERAL ELECTRIC COMPANY
        • HONEYWELL INTERNATIONAL INC
        • LARSEN & TOUBRO
        • IGRID T&D (ACQUIRED BY THYTRONIC GROUP)
        • SCHNEIDER ELECTRIC
        • SIEMENS AG
        • NR ELECTRIC CO., LTD.
        • I-TOR
        • S&C ELECTRIC COMPANY
        • TEKVEL

    LIST OF TABLES

    TABLE 1: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

    TABLE 2: REGION-WISE POWER CONSUMPTION (IN TERAWATT-HOURS)

    TABLE 3: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY MODULE, 2019-2027 (IN $ MILLION)

    TABLE 4: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TYPE, 2019-2027 (IN $ MILLION)

    TABLE 5: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY VOLTAGE, 2019-2027 (IN $ MILLION)

    TABLE 6: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY INDUSTRY, 2019-2027 (IN $ MILLION)

    TABLE 7: OPPORTUNITY MATRIX

    TABLE 8: VENDOR LANDSCAPE

    TABLE 9: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

    LIST OF FIGURES

    FIGURE 1: ASIA PACIFIC DIGITAL SUBSTATION MARKET SHARE, BY INDUSTRY, 2018 & 2027 (%)

    FIGURE 2: ASIA PACIFIC HARDWARE MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 3: ASIA PACIFIC TRANSMISSION SUBSTATION MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 4: ASIA PACIFIC 220–550 KV VOLTAGE DIGITAL SUBSTATIONS MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 5: ASIA PACIFIC TRANSPORTATION MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 6: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)

    FIGURE 7: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY TRANSFORMERS, 2019-2027 (IN $ MILLION)

    FIGURE 8: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY BUSBAR, 2019-2027 (IN $ MILLION)

    FIGURE 9: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROTECTION DEVICES, 2019-2027 (IN $ MILLION)

    FIGURE 10: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY CIRCUIT BREAKERS, 2019-2027 (IN $ MILLION)

    FIGURE 11: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROTECTIVE RELAY, 2019-2027 (IN $ MILLION)

    FIGURE 12: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY SWITCHGEARS, 2019-2027 (IN $ MILLION)

    FIGURE 13: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY INTERFACING UNITS, 2019-2027 (IN $ MILLION)

    FIGURE 14: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY HUMAN–MACHINE INTERFACES, 2019-2027 (IN $ MILLION)

    FIGURE 15: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY REMOTE TERMINAL UNITS, 2019-2027 (IN $ MILLION)

    FIGURE 16: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY PROGRAMMABLE LOGIC CONTROLLERS, 2019-2027 (IN $ MILLION)

    FIGURE 17: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY FIBER OPTIC COMMUNICATION NETWORK, 2019-2027 (IN $ MILLION)

    FIGURE 18: ASIA PACIFIC DIGITAL SUBSTATION HARDWARE MARKET, BY SCADA SYSTEMS, 2019-2027 (IN $ MILLION)

    FIGURE 19: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TRANSMISSION SUBSTATION, 2019-2027 (IN $ MILLION)

    FIGURE 20: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY DISTRIBUTION SUBSTATION, 2019-2027 (IN $ MILLION)

    FIGURE 21: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY UP TO 220 KV, 2019-2027 (IN $ MILLION)

    FIGURE 22: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY 220–550 KV DIGITAL SUBSTATION, 2019-2027 (IN $ MILLION)

    FIGURE 23: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY ABOVE 550 KV DIGITAL SUBSTATION, 2019-2027 (IN $ MILLION)

    FIGURE 24: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY UTILITY, 2019-2027 (IN $ MILLION)

    FIGURE 25: ASIA PACIFIC DIGITAL SUBSTATION UTILITY MARKET, BY NON-RENEWABLES, 2019-2027 (IN $ MILLION)

    FIGURE 26: ASIA PACIFIC DIGITAL SUBSTATION UTILITY MARKET, BY RENEWABLES, 2019-2027 (IN $ MILLION)

    FIGURE 27: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY METAL, 2019-2027 (IN $ MILLION)

    FIGURE 28: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY MINING, 2019-2027 (IN $ MILLION)

    FIGURE 29: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY OIL & GAS, 2019-2027 (IN $ MILLION)

    FIGURE 30: ASIA PACIFIC DIGITAL SUBSTATION MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)

    FIGURE 31: PORTER’S FIVE FORCE MODEL

    FIGURE 32: ASIA PACIFIC DIGITAL SUBSTATION MARKET, COUNTRY OUTLOOK, 2018 & 2027 (%)

    FIGURE 33: INDIA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION

    FIGURE 34: CHINA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLIO

    FIGURE 35: JAPAN DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 36: SOUTH KOREA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 37: AUSTRALIA DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 38: REST OF ASIA PACIFIC DIGITAL SUBSTATION MARKET, 2019-2027 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • ASIA PACIFIC
        • INDIA
        • CHINA
        • JAPAN
        • SOUTH KOREA
        • AUSTRALIA
        • REST OF ASIA PACIFIC
    1. MARKET BY MODULE
      • HARDWARE
        • TRANSFORMERS
        • BUSBARS
        • PROTECTION DEVICES
          • CIRCUIT BREAKERS
          • PROTECTIVE RELAY
          • SWITCHGEAR
        • INTERFACING UNITS
          • HUMAN–MACHINE INTERFACES
          • REMOTE TERMINAL UNITS
          • PROGRAMMABLE LOGIC CONTROLLERS
        • FIBER OPTIC COMMUNICATION NETWORK
        • SCADA SYSTEMS
    1. MARKET BY TYPE
      • TRANSMISSION SUBSTATION
      • DISTRIBUTION SUBSTATION
    2. MARKET BY VOLTAGE
      • UP TO 220 KV
      • 220-550 KV
      • ABOVE 550 KV
    3. MARKET BY INDUSTRY
      • UTILITY
        • NON-RENEWABLES
        • RENEWABLES
      • METAL
      • MINING
      • OIL & GAS
      • TRANSPORTATION

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