The North America Digital Substation Market is expected to grow at a CAGR of 6% between 2024 and 2032, driven by the demand for reliable and efficient power supply, modernization of grid infrastructure, and integration of renewable energy sources. Government initiatives, utility investments, and a focus on reducing costs and improving grid security are also contributing to market expansion. Trends include a push towards grid modernization, adoption of advanced communication technologies, and a focus on cybersecurity. The electrical systems segment is projected to see significant growth.
