USA vs Canada Substation Maintenance Market Size and Modernization (2024–2032)

Free

in USD Million

"USA and Canada Take Distinct Paths Toward a Stronger, Smarter Grid by USA "

Published by MMR Statistics Reserch Team, November 2025

The USA’s substation market was valued at USD 7,477.23 million in 2024 and is expected to reach USD 12,688.96 million by 2032, driven by aging infrastructure and digital tools. Canada’s market was USD 1,236.28 million in 2024 and is projected to grow to USD 1,900.61 million, supported by grid upgrades and renewable energy projects. The USA is experiencing faster growth due to higher infrastructure needs, while Canada focuses on modernization. Both countries continue to strengthen their power networks through sustained investment in energy infrastructure.

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Information

Unit

in USD Million

Region

North America

Time Period

2024-2032

Source Name

Maximize Market Research Pvt. Ltd

Source Link

http://www.maximizemarketresearch.com

Publisher Name

Maximize Market Research Pvt. Ltd

Publisher Link

http://www.maximizemarketresearch.com

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