Driving Efficiency in Digital Substation Market
The global digital substation market, valued at USD 7.96 billion in 2024, is projected to reach USD 16.53 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period from 2025 to 2034. The market’s expansion is fueled by increasing demand for smart grid technologies, modernization of aging power infrastructure, renewable...
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