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Digital Substations Market Revenue Growth, Key Factors, Major Companies, Forecast To 2033

Posted by Latest Market Trends on August 19, 2024 at 1:13pm 0 Comments

The digital substations market is anticipated to expand its roots at a steady CAGR of 7.7% between 2023 and 2033. The market is expected to have a market share of USD 15.1 billion by 2033 while it is likely to be valued at USD 7.23 billion in 2023.



The increased number of power stations along with the digital elements, and IoT deployment is flourishing the market growth. Furthermore, the developing countries electrifying their remote areas are choosing digital substations for the… Continue

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