Substation Automation System Market

Substation automation systems (SAS) are networked control systems that control the functions of substations. SAS can improve the reliability, capacity, and efficiency of substations by automating essential tasks such as electric power generation, transmission, and distribution, voltage regulation, and load shedding.

A substation automation system is a collection of hardware and software components that are used to monitor and control an electrical system, both locally and remotely.

Substation automation refers to using data from intelligent electronic devices (IEDs), control and automation capabilities within the substation, and control commands from remote users using SCADA to control power-system (switch yard) devices.

The global substation automation system market is expected to grow at a CAGR of **% during 2019–2031, owing to various factors such as rising demand for smarter and automated utilities, growing implementation of digital infrastructure solutions across various industrial sectors, and increasing use of automation in transportation and logistics.

On the basis of technology, the global market for substation automation systems is divided into two categories: modern technology and legacy technology. The factors that are driving this market growth include increasing demand for improved automation and operational efficiency in substations, rising investments in renewable energy, and an increase in the deployment of smart grids across the globe.

Some of the key players in the substation automation system market are Hitachi ABB Power Grids (Switzerland), Siemens Energy (Germany), General Electric (US), Cisco (US), and Schneider Electric (France).