Smart Grind Infrastructure Development Investments Provide Impetus to Substation Automation Market

The global substation automation market is projected to rise at a steady CAGR of approximately 5.5% CAGR in the forecast period from 2021 to 2031. Extensive power production and distribution applications in a wide range of industries including electrical, electronics, and mining are key contributors to market growth. Also, rising government investments towards upgrades and retrofitting of …

Smart Grind Infrastructure Development Investments Provide Impetus to Substation Automation Market

The global substation automation market is projected to rise at a steady CAGR of approximately 5.5% CAGR in the forecast period from 2021 to 2031. Extensive power production and distribution applications in a wide range of industries including electrical, electronics, and mining are key contributors to market growth. Also, rising government investments towards upgrades and retrofitting of …