Packaged Substation Market Segmentation and Global Forecast To 2019

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Packaged Substation Market by voltage Split ,
Application and Region - Global Forecast to 2020
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Packaged Substation Market by voltage Split
(below 36kV and above 36kV to 150kV), by
Application (Industrial, Infrastructure, and
Power Utilities Generation) and by Region -
Global Trends and Forecasts to 2019 Packaged
substation are mostly used in distribution
networks to supply power to consumers. Major
benefits associated with the use of this
equipment are better voltage transformation,
minimum space requirements, effective fault
monitoring and control, lower losses as compared
to, both aggregate technical commercial, and
remote access to information regarding supply and
fault conditions. The global packaged substation
market is projected to exhibit high growth on
account of growing urbanization and rise in the
number of upgrades on electrical infrastructure,
influenced by increasing energy demand. The
market is expected to be valued at 6.89 million
globally in 2014. It is projected to grow at a
CAGR of 10.19 during the forecast period. PDF
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Asia Pacific The largest market for packaged
substations The Asia-Pacific region holds the
largest market for package substation, driven
largely by the number of distribution network
upgrades and developments in China, India, and
the Southeast Asian countries. This growth is
attributed to growing urbanization and industrial
revolution in the region. Request for
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Industries Biggest market by application Uninterr
upted power delivery to machines is paramount in
all industries. Any interruption or breakdown can
result in huge losses due to increased
non-productive time. Packaged substations are
used in industries to transform voltage, prevent
damage to expensive instruments caused by
overload and over-temperature, overcurrent, jams
and undercurrent, high resistance winding faults,
current and voltage unbalance, phase loss, and
phase reverse. Packaged substations comprise
advanced technologies such as integrated voltage
transformation, equipment protection, metering,
data logging, and remote communication. These
advanced technologies transform voltage for
industries and help to minimize loss and maximize
efficiency. The packaged substation industry is
fragmented and offers several opportunities for
consolidation and growth in efficiency through an
increase in economies of scale. The industry has
low entry and exit barriers. This is a major
driver of the packaged substation market. The top
players of this market include ABB (Switzerland),
Schnieder Electric SA (France), Eaton Corporation
(Ireland), GE (U.S.), and Siemens AG (Germany).
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• Scope of the Report
• The global packaged substation market has been
  analyzed in terms of revenue (million) for the
  following types, applications, and regions.
• By Type
• Below 36 kV
• 36-150 kV
• By Application
• Industries
• Infrastructure
• Power
• By Region
• North America
• Europe
• Asia-Pacific
• The Middle East
• South Central America
• Africa
• Speak to analyst _at_ http//www.marketsandmarkets.co
  m/speaktoanalyst.asp?id26109112

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