Title: Mobile Substation Market worth 1,136.9 Million USD by 2023
1Mobile Substation Market
Mobile Substation Market worth 1,136.9 Million
USD by 2023
2About our Report
- Factors driving the growth of this market include
the ease of transportation, time-saving,
flexibility, and easy installation of the mobile
substation. Moreover, mobile substations can be
installed in a limited space and can be easily
relocated without difficulties. Transportability,
short startup and commissioning time, reduced
mechanical footprint, and non-requirement of
civil work are some key benefits which are
expected to drive the growth of mobile substation
in the global market during the forecast period. - The mobile substation market is expected to grow
from an estimated USD 789.3 Million in 2018 to
USD 1,136.9 Million by 2023, at a CAGR of 7.57
between 2018 and 2023. The mobile substation is
also known as portable substation or compact
power house.
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4Inside of Report
- Browse
- 32 market data tables.
- 34 figures spread through 97 pages.
- in-depth TOC on Mobile Substation Market -
Global Forecast to 2023.
- Middle East Africa not only account for the
largest market share followed by the Americas but
is also expected to grow at the highest CAGR
during the forecast period. Rapid electrification
in Africa along with demand from the metals
mining industry in Africa is expected to drive
the growth of the global mobile substation
market. - Various companies, including Siemens, General
Electric, Eaton, and MEIDENSHA provide mobile
substations to the utility industry. For
instance, in 2017 Siemens delivered 2 mobile
substations for National Grid SA, the
transmission operator of Saudi Electricity Co.
Siemens is expected to design 2, 380kV mobile
substations with transformer rating of 502 MVA
each. General Electric supplied several mobile
substations in the utility sector including for
Saudi Electricity Company from Saudi Arabia and
E.ON SE electric project in Spain.
5Table of Content
- Table of Contents
- 1 Introduction (Page No. - 13)
- 1.1 Study Objectives
- 1.2 Definition
- 1.3 Scope of the Study
- 1.3.1 Markets Covered
- 1.3.2 Geographic Scope
- 1.3.3 Years Considered for the Study
- 1.4 Currency
- 1.5 Limitations
- 1.6 Stakeholders..
- 11 Appendix (Page No. - 89) 11.1 Insights of
Industry Experts 11.2 Discussion Guide for
the Mobile Substation Market 11.3 Knowledge
Store Marketsandmarkets Subscription
Portal 11.4 Introducing RT Real-Time Ma. - .
6Mobile substations Market
Download Free Sample Pages - https//www.markets
andmarkets.com/pdfdownload.asp?id1857695 Mobile
substations can be useful for emergency response
as back-up units and are also useful in cases
where the energy distribution requires to be
provided or reinstated in a short span of time.
Mobile substations are utilized in both,
utilities and industrial applications. Planned
maintenance, disaster response, rapid expansion
of transmission capacity are some use cases where
mobile substations have delivered proven outcomes
for utilities. Mobile substations are used to
provide temporary power supply during unplanned
repairs. Moreover, in the times of planned
maintenance, mobile substations can reduce or
even eliminate the need for extended electricity
outages.
7Company Coverage
- Key Players-
- Siemens (Germany),
- ABB (Switzerland),
- Eaton (Ireland),
- General Electric (US),
- CG Power (India), and
- MEIDENSHA (Japan).
- Other companies covered in this report are WEG
(Brazil), AZZ (US), TGOOD (Hong Kong), Powell
Industries (US), Elgin Power Solutions (US),
Matelec Group (Lebanon), Aktif Group (Turkey),
PME Power Solutions (India), EKOS Group (Turkey),
Efacec (Portugal), and Delta Star (US).
8Summary
The mobile substation market is expected to grow
from an estimated USD 789.3 Million in 2018 to
USD 1,136.9 Million by 2023, at a CAGR of 7.57
between 2018 and 2023. Factors driving the growth
of this market include the ease of
transportation, flexibility, cost-effectiveness,
and easy installation of mobile substations.
Moreover, mobile substation is a trailer mounted
power solution and can be installed in a limited
space and can be easily relocated without
difficulty. The mobile substation is a
comprehensive solution that is designed,
engineered, assembled on trailer, tested, in a
factory and delivered on site for power
distribution. Mobile substations are useful for
emergency response as back-up units and can also
be useful in cases where energy distribution
requires to be provided or reinstated in a short
span of time. Mobile substation market is
fragmented, with the presence of many small and
mid-size companies which supply products for
utilities applications and primarily serve local
markets. Transportability, short startup and
commissioning time, reduced mechanical footprint,
and non-requirement of construction work are some
of the key benefits expected to drive the growth
of mobile substations during the forecast period.
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