Digital Substation Sector Analysis, Growth Influencers, Vendor Dynamics, Market Shares, Trends
Introduction: The size of the digital substation market was estimated to be USD 5.5 billion in 2022. The sector is expected to increase at a compound annual growth rate (CAGR) of 7.50% between 2023 and 2032, from USD 5.9 billion in 2023 to USD 10.5 billion. In the rapidly evolving landscape of power infrastructure, the integration of smart technologies has become imperative to enhance...
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