Substation Automation Market Outlook 2035: Driving Smarter, Safer Power Grids
The global substation automation market is poised for robust growth over the next decade. Valued at US$ 36.8 billion in 2024, the market is projected to reach US$ 84.1 billion by 2035, growing at a CAGR of 6.1% from 2025 to 2035. This surge is fueled by the increasing demand for electricity, rising complexity in power grids, and the global push toward renewable energy integration and smart grid...