Substation Automation Market: Exploring the Potential of AI and Machine Learning in Substations A new market analysis indicates steady growth in the global substation automation market, projecting an expansion from USD 43.2 billion in 2023 to USD 70.01 billion by 2031, exhibiting a CAGR of 6.30% during the forecast period of 2024-2031. This growth is primarily attributed to the increasing focus on grid modernization initiatives and the deployment of smart grid technologies worldwide....
0 Shares
48 Views
0 Reviews