Spain Digital Substation Market Size & Outlook, 2025-2030
Related Markets
Spain digital substation market highlights
- The Spain digital substation market generated a revenue of USD 152.3 million in 2024 and is expected to reach USD 193.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating module in 2024.
- Hardware is the most lucrative module segment registering the fastest growth during the forecast period.
Digital substation market data book summary
| Market revenue in 2024 | USD 152.3 million |
| Market revenue in 2030 | USD 193.6 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Fiber-optic Communication Networks, SCADA |
| Key market players worldwide | ABB Ltd, Siemens AG, Portland General Electric Co, Schneider Electric SE, Honeywell International Inc, Cisco Systems Inc, Eaton Corp PLC, Emerson Electric Co, NR Electric USA, Hitachi Energy |
Other key industry trends
- In terms of revenue, Spain accounted for 2.1% of the global digital substation market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany digital substation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 373.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Digital Substation Market Scope
Digital Substation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| NR Electric USA | View profile | 1001-5000 | Nanjing, Jiangsu, China, Asia | https://www.nrelect.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Spain digital substation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital substation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 58.24% in 2024. Horizon Databook has segmented the Spain digital substation market based on hardware, fiber-optic communication networks, scada covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Spain digital substation market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Spain digital substation market databook
-
Our clientele includes a mix of digital substation market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain digital substation market , including forecasts for subscribers. This country databook contains high-level insights into Spain digital substation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain digital substation market size, by module, 2018-2030 (US$M)
Spain Digital Substation Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
