Global Digital Substation Market to Reach a Value of USD 10.59 billion
Digital substation market is expected to reach USD 10.59 billion by 2028 witnessing market growth at a rate of 6.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on digital substation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Digital substation is also referred for the term electrical substation. It is the location where intelligent electronic devices (IEDs) interconnected by communications networks or SCADA equipment are used. Computing technology is used for this digital substation. The advantage of substations is that, in terms of architecture, engineering, service, installation, they carry a broad range.
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