Europe Substation Automation Market Size, Share & Trends Analysis Report By Type (Transmission Substation, and Distribution Substation), By Technology (New, and Retrofit), By Component, By End Use, By Country and Growth Forecast, 2024 - 2031

The Europe Substation Automation Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Substation Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,640.1 million by 2031. The UK market is exhibiting a CAGR of 4.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.6% during (2024 - 2031).

With this, grid operators can effectively manage power distribution by integrating sensors and monitoring devices. This allows for real-time data collection, which is vital for predictive analysis, load balancing, and responding to changes in grid demand. Automated substations can also respond to fluctuations in demand by adjusting outputs to ensure a stable electricity supply.

One of the most important aspects of this is remote monitoring. Utilities can monitor equipment status in real-time, manage operational settings, and control various substation devices without being physically present. This significantly reduces the cost of human intervention and enhances operational efficiency.

The rising electricity consumption per unit of GDP in the EU, particularly in countries like Bulgaria and Finland, highlights the growing demand for efficient energy management systems across the region. As the energy consumption per unit of economic output increases, the need for more sophisticated power infrastructure becomes evident. This trend is significantly impacting this market in Europe, driving the demand for advanced automation solutions to optimize energy distribution, reduce losses, and ensure the reliability of power grids. On a broader scale, Europe is facing an increasing need to modernize its electrical infrastructure in response to growing energy consumption per unit of GDP. As countries work to reduce carbon emissions and transition to renewable energy sources, they becomes even more critical. Automation can help integrate renewable energy into the grid, balance supply and demand, and enhance grid flexibility. Thus, the rising electricity consumption per unit of GDP in Europe, particularly in countries like Bulgaria and Finland, is driving a surge in the demand for substation automation.

Free Valuable Insights: The Global Substation Automation Market will Hit USD 68.35 Billion by 2031, at a CAGR of 6.1%

Based on Type, the market is segmented into Transmission Substation, and Distribution Substation. Based on Technology, the market is segmented into New, and Retrofit. Based on Component, the market is segmented into Hardware, Services, and Software. Based on End Use, the market is segmented into Utilities, Transportation, Steel, Oil & Gas, Mining, and Other End Use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Siemens AG
• Schneider Electric SE
• Mitsubishi Electric Corporation
• General Electric Company
• ABB Group
• Emerson Electric Co.
• Eaton Corporation plc
• Cisco Systems, Inc.
• Honeywell International, Inc.
• Texas Instruments, Inc.

Europe Substation Automation Market Report Segmentation

By Type

• Transmission Substation
• Distribution Substation

By Technology

• New
• Retrofit

By Component

• Hardware
• Services
• Software

By End Use

• Utilities
• Transportation
• Steel
• Oil & Gas
• Mining
• Other End Use

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Substation Automation Market, by Type
1.4.2 Europe Substation Automation Market, by Technology
1.4.3 Europe Substation Automation Market, by Component
1.4.4 Europe Substation Automation Market, by End Use
1.4.5 Europe Substation Automation Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Substation Automation Market
4.3 Porter Five Forces Analysis

Chapter 5. Europe Substation Automation Market by Type
5.1 Europe Transmission Substation Market by Country
5.2 Europe Distribution Substation Market by Country

Chapter 6. Europe Substation Automation Market by Technology
6.1 Europe New Market by Country
6.2 Europe Retrofit Market by Country

Chapter 7. Europe Substation Automation Market by Component
7.1 Europe Hardware Market by Country
7.2 Europe Services Market by Country
7.3 Europe Software Market by Country

Chapter 8. Europe Substation Automation Market by End Use
8.1 Europe Utilities Market by Country
8.2 Europe Transportation Market by Country
8.3 Europe Steel Market by Country
8.4 Europe Oil & Gas Market by Country
8.5 Europe Mining Market by Country
8.6 Europe Other End Use Market by Country

Chapter 9. Europe Substation Automation Market by Country
9.1 Germany Substation Automation Market
9.1.1 Germany Substation Automation Market by Type
9.1.2 Germany Substation Automation Market by Technology
9.1.3 Germany Substation Automation Market by Component
9.1.4 Germany Substation Automation Market by End Use
9.2 UK Substation Automation Market
9.2.1 UK Substation Automation Market by Type
9.2.2 UK Substation Automation Market by Technology
9.2.3 UK Substation Automation Market by Component
9.2.4 UK Substation Automation Market by End Use
9.3 France Substation Automation Market
9.3.1 France Substation Automation Market by Type
9.3.2 France Substation Automation Market by Technology
9.3.3 France Substation Automation Market by Component
9.3.4 France Substation Automation Market by End Use
9.4 Russia Substation Automation Market
9.4.1 Russia Substation Automation Market by Type
9.4.2 Russia Substation Automation Market by Technology
9.4.3 Russia Substation Automation Market by Component
9.4.4 Russia Substation Automation Market by End Use
9.5 Spain Substation Automation Market
9.5.1 Spain Substation Automation Market by Type
9.5.2 Spain Substation Automation Market by Technology
9.5.3 Spain Substation Automation Market by Component
9.5.4 Spain Substation Automation Market by End Use
9.6 Italy Substation Automation Market
9.6.1 Italy Substation Automation Market by Type
9.6.2 Italy Substation Automation Market by Technology
9.6.3 Italy Substation Automation Market by Component
9.6.4 Italy Substation Automation Market by End Use
9.7 Rest of Europe Substation Automation Market
9.7.1 Rest of Europe Substation Automation Market by Type
9.7.2 Rest of Europe Substation Automation Market by Technology
9.7.3 Rest of Europe Substation Automation Market by Component
9.7.4 Rest of Europe Substation Automation Market by End Use

Chapter 10. Company Profiles
10.1 Siemens AG
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Schneider Electric SE (AVEVA Group PLC)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Mitsubishi Electric Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 General Electric Company
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 ABB Group
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Geographical Expansions:
10.5.6 SWOT Analysis
10.6 Emerson Electric Co.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Eaton Corporation PLC
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 Cisco Systems, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Honeywell International, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Texas Instruments, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

TABLE 1 Europe Substation Automation Market, 2020 - 2023, USD Million
TABLE 2 Europe Substation Automation Market, 2024 - 2031, USD Million
TABLE 3 Europe Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 4 Europe Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 5 Europe Transmission Substation Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Transmission Substation Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Distribution Substation Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Distribution Substation Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 10 Europe Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 11 Europe New Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe New Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Retrofit Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Retrofit Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 16 Europe Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 17 Europe Hardware Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Hardware Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Software Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Software Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 24 Europe Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 25 Europe Utilities Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Utilities Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Transportation Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Transportation Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Steel Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Steel Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 33 Europe Mining Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Mining Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Other End Use Market by Country, 2020 - 2023, USD Million
TABLE 36 Europe Other End Use Market by Country, 2024 - 2031, USD Million
TABLE 37 Europe Substation Automation Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Substation Automation Market by Country, 2024 - 2031, USD Million
TABLE 39 Germany Substation Automation Market, 2020 - 2023, USD Million
TABLE 40 Germany Substation Automation Market, 2024 - 2031, USD Million
TABLE 41 Germany Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 42 Germany Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 43 Germany Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 44 Germany Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 45 Germany Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 46 Germany Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 47 Germany Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 48 Germany Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 49 UK Substation Automation Market, 2020 - 2023, USD Million
TABLE 50 UK Substation Automation Market, 2024 - 2031, USD Million
TABLE 51 UK Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 52 UK Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 53 UK Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 54 UK Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 55 UK Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 56 UK Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 57 UK Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 58 UK Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 59 France Substation Automation Market, 2020 - 2023, USD Million
TABLE 60 France Substation Automation Market, 2024 - 2031, USD Million
TABLE 61 France Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 62 France Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 63 France Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 64 France Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 65 France Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 66 France Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 67 France Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 68 France Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 69 Russia Substation Automation Market, 2020 - 2023, USD Million
TABLE 70 Russia Substation Automation Market, 2024 - 2031, USD Million
TABLE 71 Russia Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 72 Russia Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 73 Russia Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 74 Russia Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 75 Russia Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 76 Russia Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 77 Russia Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 78 Russia Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 79 Spain Substation Automation Market, 2020 - 2023, USD Million
TABLE 80 Spain Substation Automation Market, 2024 - 2031, USD Million
TABLE 81 Spain Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 82 Spain Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 83 Spain Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 84 Spain Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 85 Spain Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 86 Spain Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 87 Spain Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 88 Spain Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 89 Italy Substation Automation Market, 2020 - 2023, USD Million
TABLE 90 Italy Substation Automation Market, 2024 - 2031, USD Million
TABLE 91 Italy Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 92 Italy Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 93 Italy Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 94 Italy Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 95 Italy Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 96 Italy Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 97 Italy Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 98 Italy Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 99 Rest of Europe Substation Automation Market, 2020 - 2023, USD Million
TABLE 100 Rest of Europe Substation Automation Market, 2024 - 2031, USD Million
TABLE 101 Rest of Europe Substation Automation Market by Type, 2020 - 2023, USD Million
TABLE 102 Rest of Europe Substation Automation Market by Type, 2024 - 2031, USD Million
TABLE 103 Rest of Europe Substation Automation Market by Technology, 2020 - 2023, USD Million
TABLE 104 Rest of Europe Substation Automation Market by Technology, 2024 - 2031, USD Million
TABLE 105 Rest of Europe Substation Automation Market by Component, 2020 - 2023, USD Million
TABLE 106 Rest of Europe Substation Automation Market by Component, 2024 - 2031, USD Million
TABLE 107 Rest of Europe Substation Automation Market by End Use, 2020 - 2023, USD Million
TABLE 108 Rest of Europe Substation Automation Market by End Use, 2024 - 2031, USD Million
TABLE 109 Key Information – Siemens AG
TABLE 110 Key Information – Schneider Electric SE
TABLE 111 Key Information – Mitsubishi Electric Corporation
TABLE 112 Key Information – General Electric Company
TABLE 113 Key Information – ABB Group
TABLE 114 Key Information – Emerson Electric Co.
TABLE 115 Key Information – Eaton Corporation PLC
TABLE 116 Key Information – Cisco Systems, Inc.
TABLE 117 Key Information – Honeywell International, Inc.
TABLE 118 Key Information – Texas Instruments, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Substation Automation Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Substation Automation Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Substation Automation Market
FIG 6 Europe Substation Automation Market share by Type, 2023
FIG 7 Europe Substation Automation Market share by Type, 2031
FIG 8 Europe Substation Automation Market by Type, 2020 - 2031, USD Million
FIG 9 Europe Substation Automation Market share by Technology, 2023
FIG 10 Europe Substation Automation Market share by Technology, 2031
FIG 11 Europe Substation Automation Market by Technology, 2020 - 2031, USD Million
FIG 12 Europe Substation Automation Market share by Component, 2023
FIG 13 Europe Substation Automation Market share by Component, 2031
FIG 14 Europe Substation Automation Market by Component, 2020 - 2031, USD Million
FIG 15 Europe Substation Automation Market share by End Use, 2023
FIG 16 Europe Substation Automation Market share by End Use, 2031
FIG 17 Europe Substation Automation Market by End Use, 2020 - 2031, USD Million
FIG 18 Europe Substation Automation Market share by Country, 2023
FIG 19 Europe Substation Automation Market share by Country, 2031
FIG 20 Europe Substation Automation Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Siemens AG
FIG 22 SWOT Analysis: Siemens AG
FIG 23 SWOT Analysis: Schneider Electric SE
FIG 24 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 25 SWOT Analysis: Mitsubishi Electric Corporation
FIG 26 SWOT Analysis: General electric Company
FIG 27 SWOT Analysis: ABB GROUP
FIG 28 Swot Analysis: EMERSON ELECTRIC CO.
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: Cisco Systems, Inc.
FIG 31 Swot analysis: Honeywell international, inc.
FIG 32 SWOT Analysis: Texas Instruments, Inc.