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Mobile Substation Market

Mobile Substation Market worth 1,136.9 Million USD by 2023


About 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.


Inside 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.


Table 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.


Mobile substations Market Download Free Sample Pages :https://www.marketsandmarkets.com/pdfdownload.asp?id=1857695 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.


Company 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).


Summary 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, costeffectiveness, 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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Mobile Substation Market worth 1,136.9 Million USD by 2023  

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....

Mobile Substation Market worth 1,136.9 Million USD by 2023  

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....

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