Digital Substation Market in APAC Likely to Grow at a High CAGR During Forecast Period
The digital substation market, on the basis of module, has been segmented into hardware, fiber optics communication network, and supervisory control and data acquisition. Among all the segments, the market for hardware is expected to grow at the highest CAGR during the forecast period. Major investments in railway and metro projects in APAC and South America are likely to drive the digital substation market for protective devices for the transportation industry during the forecast period.
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