Product Code: ETC4587982 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Digital Substation Market in China is growing as utilities and power companies adopt digital technologies to enhance the reliability and efficiency of power distribution. Digital substations use advanced digital sensors, communication networks, and control systems to monitor and manage electrical substations, providing real-time data and remote control capabilities. The market expansion is fueled by the increasing investment in smart grid infrastructure, the growing demand for energy efficiency and reliability, and advancements in digital substation technologies.
The Digital Substation Market in China is growing as the adoption of digital technologies in electrical substations increases. Digital substations utilize advanced technologies such as automation, communication, and data analytics to improve the efficiency, reliability, and safety of electrical power distribution. The market expansion is driven by advancements in substation technologies, the rise in demand for modernized power infrastructure, and the growing focus on enhancing grid management and operational performance. Innovations in digital substation solutions and the emphasis on integrating advanced features and functionalities are contributing to market development.
The Digital Substation Market in China is challenged by the high costs associated with upgrading existing substations to digital systems. There are also technical challenges related to ensuring interoperability between different digital substation components and maintaining cybersecurity. Additionally, the market faces regulatory hurdles and the need for standardization across different utility networks.
The Digital Substation market in China is influenced by government policies that support advancements in power transmission and digital innovation. The governments emphasis on improving energy efficiency and supporting the development of smart grid solutions drives the demand for digital substations. Policies encouraging the adoption of advanced automation technologies in power distribution and supporting the integration of digital substations in various energy management applications also contribute to market growth. Additionally, initiatives aimed at fostering innovation in energy technology and supporting the growth of the renewable energy sector further support the expansion of the digital substation market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Digital Substation Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Digital Substation Market Revenues & Volume, 2021 & 2031F |
3.3 China Digital Substation Market - Industry Life Cycle |
3.4 China Digital Substation Market - Porter's Five Forces |
3.5 China Digital Substation Market Revenues & Volume Share, By Module, 2021 & 2031F |
3.6 China Digital Substation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 China Digital Substation Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.8 China Digital Substation Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.9 China Digital Substation Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 China Digital Substation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 China Digital Substation Market Trends |
6 China Digital Substation Market, By Types |
6.1 China Digital Substation Market, By Module |
6.1.1 Overview and Analysis |
6.1.2 China Digital Substation Market Revenues & Volume, By Module, 2021-2031F |
6.1.3 China Digital Substation Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 China Digital Substation Market Revenues & Volume, By Fiber-Optic Communication Networks, 2021-2031F |
6.1.5 China Digital Substation Market Revenues & Volume, By Scada Systems, 2021-2031F |
6.2 China Digital Substation Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 China Digital Substation Market Revenues & Volume, By Transmission , 2021-2031F |
6.2.3 China Digital Substation Market Revenues & Volume, By Distribution, 2021-2031F |
6.3 China Digital Substation Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 China Digital Substation Market Revenues & Volume, By New Installations, 2021-2031F |
6.3.3 China Digital Substation Market Revenues & Volume, By Retrofit Installations, 2021-2031F |
6.4 China Digital Substation Market, By Voltage |
6.4.1 Overview and Analysis |
6.4.2 China Digital Substation Market Revenues & Volume, By Up to 220kV, 2021-2031F |
6.4.3 China Digital Substation Market Revenues & Volume, By 220-500kV, 2021-2031F |
6.4.4 China Digital Substation Market Revenues & Volume, By Above 500kV, 2021-2031F |
6.5 China Digital Substation Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 China Digital Substation Market Revenues & Volume, By Utility, 2021-2031F |
6.5.3 China Digital Substation Market Revenues & Volume, By Heavy Industries, 2021-2031F |
6.5.4 China Digital Substation Market Revenues & Volume, By Transportation, 2021-2031F |
6.5.5 China Digital Substation Market Revenues & Volume, By Others, 2021-2031F |
7 China Digital Substation Market Import-Export Trade Statistics |
7.1 China Digital Substation Market Export to Major Countries |
7.2 China Digital Substation Market Imports from Major Countries |
8 China Digital Substation Market Key Performance Indicators |
9 China Digital Substation Market - Opportunity Assessment |
9.1 China Digital Substation Market Opportunity Assessment, By Module, 2021 & 2031F |
9.2 China Digital Substation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 China Digital Substation Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.4 China Digital Substation Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.5 China Digital Substation Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 China Digital Substation Market - Competitive Landscape |
10.1 China Digital Substation Market Revenue Share, By Companies, 2024 |
10.2 China Digital Substation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |