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Virtual Substation Digitalization Market Revenue by Region

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SOURCE RESEARCH

Energy Grid Digitalization Market Data Overview: 2Q 2025

Presentation | 2Q 2025 | PT-3747

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The substation digitalization market—a subsection of the broader substation automation market—is expected to grow rapidly throughout the forecast period from US$70.2 billion to US$171.8 billion.

China will boast a 10.2% CAGR, with Asia-Pacific (excl. China) at 11.6%. The United States and Europe will lag behind at 7.1% and 8.4% annualized growth, respectively

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