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Global substation automation market is anticipated to reach USD 62.5 billion at a robust CAGR of6.3% between 2024 to 2030 | kings market research

The global SUBSTATION AUTOMATION market is a dynamic and promising industry that has shown significant growth in recent years. According to Extrapolates recent market study, the SUBSTATION AUTOMATION market was valued at USD 39.9 billion in 2021 and is expected to reach USD 62.5 billion by 2030
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Substation Automation Market Size, Share, and COVID-19 Impact Analysis, By Module ( SCADA, IED, and Communication Network Technology ), By Component ( Reclose Controller, Programmable logical controller, Capacitor bank controller, Digital transducer/smart meter, Load tap controller, Communication channels, Digital Relays, and Others ), By Application ( Ethernet, Power Line Communication, Copper Wire Communication, and Optical Fiber Communication ), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022-2030
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Substation Automation Market Size, Share, and COVID-19 Impact Analysis, By Module ( SCADA, IED, and Communication Network Technology ), By Component ( Reclose Controller, Programmable logical controller, Capacitor bank controller, Digital transducer/smart meter, Load tap controller, Communication channels, Digital Relays, and Others ), By Application ( Ethernet, Power Line Communication, Copper Wire Communication, and Optical Fiber Communication ), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022-2030

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