Substation Automation Market: Modernizing Power Grids for a...

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2025-08-07 09:55:59 -

Substation Automation Market: Modernizing Power Grids for a Resilient Future

The global substation automation market was valued at USD 45.66 billion in 2024 and is projected to reach USD 77.19 billion by 2032, with a CAGR of 6.87% during the forecast period. This growth is being driven by the modernization of aging power grids, the increasing integration of renewable energy sources, and the rising demand for reliable and efficient electricity supply. Substation...

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