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Digital Substation Market: Assessing Growth Drivers, Challenges, and Opportunities to 2032The global digital substation market is undergoing a period of significant transformation driven by the rapid modernization of power infrastructure, the increasing integration of renewable energy, and the growing demand for automated grid operations. By 2032, the market is expected to expand substantially as utilities and industries shift from conventional substations to intelligent,...0 Comments 0 Shares 914 Views 0 Reviews
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Market Dynamics and Strategic Insights: Navigating the Substation MarketMarket Overview The substation market size was valued at USD 131.66 billion in 2024, growing at a CAGR of 4.4% during the forecast period. The market demand is driven by the rapid development of infrastructure in cities and the growing number of manufacturing plants requiring reliable power sources. The Substation Market is witnessing significant growth as the global...0 Comments 0 Shares 654 Views 0 Reviews