Home > Energy & Power > Electrical Equipment > Substation > Asia Pacific Distribution Substation Market

Asia Pacific Distribution Substation Market Share

Report ID: GMI10673
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Asia Pacific Distribution Substation Market Share

To get key market trends
Download Free Sample

Companies like ABB, Schneider Electric, and Siemens are key players in the Asia Pacific distribution substation industry, largely due to their advanced technology, extensive product portfolios, and strong brand presence. These companies deliver innovative solutions that enhance the efficiency, reliability, and safety of electrical systems. Their global presence and established collaborations with utilities and governments allow them to effectively handle large-scale projects.

Asia Pacific Distribution Substation Market Companies

Eminent players operating in the Asia Pacific distribution substation industry include:

ABB
CG Power & Industrial Solutions Ltd.
Eaton
General Electric
Hitachi Energy Ltd.
L&T Electrical and Automation
Locamation
Open System International, Inc.
Rockwell Automation, Inc.
Schneider Electric
Siemens
Tesco Automation Inc.

Authors: Ankit Gupta , Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

Asia Pacific market for distribution substation was worth around USD 18.7 billion in 2023 and is expected to record a CAGR of 3.5% through 2032, due to rapid urbanization, industrialization, and the increasing demand for electricity.

The conventional segment of Asia Pacific distribution substation industry is expected to cross USD 23.6 billion by 2032, since they utilize traditional technologies such as air-insulated switchgear (AIS) and transformers, making them reliable and effective.

China distribution substation market is anticipated to surpass USD 10 billion by 2032. As cities expand and new industrial zones emerge, there is an increasing need for robust and efficient distribution substations to manage the growing energy requirements.

General Electric, Hitachi Energy Ltd., L&T Electrical and Automation, Locamation, Open System International, Inc., Rockwell Automation, Inc., and Schneider Electric among others.