Global IEC 61850 Substation Market Forecast 2025-2035: Trends, Growth, and Opportunities The global IEC 61850 Substation market is witnessing rapid growth driven by increasing demand for smart grid technologies and advanced automation solutions in power utilities. .The market for IEC 61850 Substation was valued at USD 1.2 billion in 2024 and is projected to reach USD 2.3 billion by 2030, growing at a CAGR of 11.2% during the forecast period. The rising focus on operational efficiency, system reliability, and real-time monitoring across utilities is fueling adoption of intelligent substation solutions globally. Read Full Research Study: https://marketintelo.com/report/iec-0-substation-market