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North America Distribution Substation Market Share

Report ID: GMI10733
Published Date: Aug 2024
Report Format: PDF

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North America Distribution Substation Market Share

North America Distribution Substation Company Market Share Analysis, 2023

Companies such as ABB, Schneider Electric, and Siemens are major players in the North America distribution substation industry, owing to their cutting-edge technology, comprehensive product ranges, and prominent brand recognition. They provide innovative solutions that improve the efficiency, reliability, and safety of electrical systems. Their global reach and well-established partnerships with utilities and governments enable them to manage large-scale projects effectively.

North America Distribution Substation Market Companies

Eminent players operating in the North America 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) :

The market size of North America distribution substation was worth over USD 9 billion in 2023 and is anticipated to register 5.7% CAGR between 2024 to 2032, owing to increasing demand for reliable and uninterrupted power supply.

North America distribution substation industry from the electrical system segment is anticipated to record 4.8% CAGR through 2032, owing to increasing adoption of smart grids and the need for real-time monitoring and control.

U.S. distribution substation industry size may reach USD 5.8 billion by 2032, owing to smart grid technologies and renewable energy integration.

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., and Schneider Electric, among others.