Global Mobile Substation Market in 2016 was valued at USD 780.5 Million. Considering the factors that are driving the market and are supposed to drive the market in forecast period, it is expected to grow at 7.50 % CAGR to reach USD 1294.88 Million by 2024.
Global Mobile Substation Market
Increment in Time saving, easy-to-install, and flexible solution increases the market competition have resulted in betterment of Mobile Substation market and Maintenance of mobile substations will cut down the Mobile Substation market.
Global Mobile Substation market is segmented by Product, by application and geography. The product of Mobile Substation is sub-segmented into HV Mobile Substation and MV Mobile Substation. This product segment of both sub-segments has the largest market in thereon type as it increases the production, revenue and low price of Mobile Substation market. The Application segment of Mobile Substation market is commonly used as an end-user are Military, Civil, Utilities, Oil & Gas Industrial, Metals & Mining Industrial, Energy, Infrastructure and Others (Construction, Port, and Data Centers). Utility sub-segment of Mobile Substation market of application is estimated to have the largest market in the fasting period. Here, Utility application provides the most important applicant like Planned maintenance, disaster response, the rapid expansion of transmission capacity and temporary power supply during unplanned repairs. Thus this growth is attributed to increased efficiency. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
The years that have been considered for the study are:
- Base year – 2016
- Estimated year – 2017
- Forecast period – 2017 to 2024
Key Highlights:
- Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for this market during the forecast period
- Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
- In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
- Global Mobile Substation Market analysis and comprehensive segmentation with respect to the Product, Application and geography to assist in strategic business planning
- Global Mobile Substation Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions
Research Methodology
The market is estimated by analyzing the data points obtained from various sources and conducting them into a predictor model created specifically for each individual market. The data points are extracted from paid and unpaid sources along with paid primary interviews with key opinion leaders in the market. Key opinion leaders from both demand and supply sides of the market were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this analysis. This country-specific analysis was accumulated to establish regional numbers and then arrive at the global market value for Global Mobile Substation Market.
Key Players in the Global Mobile Substation Market:
- AZZ
- Meidensha Corporation
- Siemens AG
- Jacobsen Elektro
- Tadeo Czerweny
- Aktif Group
- Ampcontrol Pty Ltd
- Atlas Electric Inc
- CG Power
- ABB Ltd.
- Delta Star Inc.
- Eaton
- Efacec Power Solutions
- Ekos Group
- Elgin Power Solutions
- Enerset Power Solutions
- General Electric Company
- Matelec Group
- Nari Group
- PME Power Solutions Limited
- Powell Industries
- Qingdao TGOOD Electric
- Unit Electrical Engineering
- WEG
Key target audience
- Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
- Component Suppliers
- Investors and Venture Capital Firms
- Integrated Device Manufacturers (IDMs)
- Electric Hardware Equipment Manufacturers
- System Integrators
- Assembly and Packaging Vendors
- Analysts and Strategic Business Planners
- End-use Industries
- Companies in the Electric Utilities Sector
- Government and regulatory authorities
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-mobile-substation-market/8363/
The scope of the Global Mobile Substation Market:
Research report categorizes the Mobile Substation Market based on Product, Application, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Mobile Substation Market with key developments in companies and market trends.
Global Mobile Substation Market by Product
- HV Mobile Substation
- MV Mobile Substation
Global Mobile Substation Market by measuring Application
- Military
- Civil
- Utilities
- Oil & Gas Industrial
- Metals & Mining Industrial
- Energy
- Infrastructure
- Others (Construction, Port, and Data Centers)
Global Mobile Substation Market by region
- North America
- Europe
- Asia pacific
- Middle east & Africa
- Latin America
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This report presents the worldwide Infrastructure Mobile Substation market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.The Infrastructure Mobile Substation market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period.
In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Infrastructure Mobile Substation.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2291676The following manufacturers are covered in this report:ABBSiemensGE Grid SolutionsTGOODElgin Power SolutionsMeidensha CorporationMatelec GroupEnerset Power SolutionsSupreme & Co.EKOSinerjiWEGAtlas ElectricDelta StarAZZMobile Energy IncPME Power SolutionsCondumex IncAktif GroupInfrastructure Mobile Substation Breakdown Data by TypeHV Mobile SubstationMV Mobile SubstationInfrastructure Mobile Substation Breakdown Data by ApplicationMilitaryCivilBrowse the complete report @ http://www.orbisresearch.com/reports/index/global-infrastructure-mobile-substation-market-insights-forecast-to-2025Infrastructure Mobile Substation Production by RegionUnited StatesEuropeChinaJapanSouth KoreaOther RegionsOther RegionsInfrastructure Mobile Substation Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & AfricaThe study objectives are:To analyze and research the global Infrastructure Mobile Substation status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Infrastructure Mobile Substation manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.This report includes the estimation of market size for value (million USD) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Infrastructure Mobile Substation market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.Place a purchase order of this report @ http://www.orbisresearch.com/contact/purchase/2291676About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
A mobile substation is a container that is equipped with essential medium and high voltage components of a full substation, including control systems, DC and AC auxiliary power, protection and control equipment, surge arresters, metering transformers, switchgear and disconnect switches, and power transformer.
Various factors are fuelling the global mobile substation market share.
As per the recent MRFR market estimates, such factors include the various alluring features such as flexible solution, easy installation, and time saving, growing adoption of mobile substations in the power and energy market, growing industrialization, cost effectiveness, wide application in residential, industrial and utility sectors, and fast restoration of power supply during power outage.
Considerable rise in transmission and distribution network, growing need for power, growing demand for mobile substation, developing power sector, high demand for energy, and growing non-conventional and conventional power generation plants are adding to the global mobile substation market growth in the region.
Market Segmentation The MRFR report throws light on an inclusive segmental analysis of the global mobile substation market based on application, power rating, mobile transformer, and voltage type.
By voltage type, the global mobile substation market is segmented into MV and HV.
Global Emergency Mobile Substation Market is estimated to reach $1.5billion by 2025, growing at a CAGR of 4.4% from 2020 to 2025.
In additions, most of the military bases are in the remote areas therefore military bases have a high risk of attacks.
The implementation of the mobile substations has resulted in the transmission of electricity safely from the point of generation to the end along with the transformation of the voltage levels from high to low across the grid..
The digitization of mobile substations has enabled grid power restoration for critical infrastructure and facilities ad has improved its performance in the field of wireless communications.
Furthermore, emergency mobile substations provide significant onsite backup power supplies to the batteries and generators for easy and prolonged communications in this industry.Geography - Segment AnalysisEurope dominated the Emergency Mobile Substation Marketwith a share of 38% in 2019 owing to the significant focus of key players, surge in adoption of mobile substation technologies and surge in adoption of smart grid technologies among others.
Along with this various investment projects in Europe region are promoting the mobile substations digitization and driving market growth.Talk to one of our sales representative about the full report by providing your details in the link below:https://www.industryarc.com/support.php?id=18184Drivers – Emergency Mobile Substation Market Rising use of Mobile Substations owing to its portability and cost effectiveness:The rising use of emergency mobile substations is due to its ease of transportation, flexibility and good backup facility.
