Global Substation Automation Market Share Set for Strong Growth with Smart Grid Integration
Global Substation Automation Market: Growth Drivers, Opportunities, and Key Insights The Global Substation Automation Market Share , valued at USD 51.24 billion in 2023, is expected to reach USD 78.59 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.3%. This growth is driven by the increasing demand for efficient power transmission, the modernization of electrical grids, and the integration of smart technologies within substations. Substation automation (SAS) enables real-time monitoring, control, and management of electrical systems, which is crucial for improving the efficiency, reliability, and safety of electrical networks worldwide. Get Sample Copy of this Report at: https://www.maximizemarketresearch.com/request-sample/35398/ Market Estimation & Definition Substation automation refers to the deployment of automated systems and technologies to monitor, control, and optimize the performance of electrical substations. These sys...