Digital Substation Market Trends: Automation, IoT, and Smart Grid Integration
Market Overview
The global digital substation market is undergoing a significant transformation, driven by a shift toward modern, intelligent grid infrastructure. Valued at USD 7.96 billion in 2024, the market is expected to expand at a CAGR of 7.6% during the forecast period from 2025 to 2034. This growth trajectory reflects the increasing demand for efficient, reliable, and flexible...
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