Mobile Substation Market Expected to Generate Revenue

Jersey City, New Jersey, Sept. 12, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently released a report, “Mobile Substation Market” By component (switchgear, transformer, arresters, trailer), by application (utility and industrial) and by geography.

Verified Market Research conducted a high quality study which revealed that the global Mobile Substation market size was valued at USD 3.3 Billion in 2020 and is projected to reach USD 13.09 Billion by 2028, with growth at a CAGR of 20.6% from 2021 to 2028. .

Download the PDF brochure:

Browse the table of contents in depth onMobile Substation Market

202 – Pages

126 – Tables

37 – Numbers

Global Mobile Substation Market Overview

Mobile Substations are compact, portable, integrated power modules that provide surge-free AC and DC power for added capacity, backup in emergencies, or in incompatible terrain for construction. Higher power demand, rapid expansion of transmission capabilities, faster commissioning, hassle-free installation and relocation, minimal configuration involving no elaborate construction, compact size, improved portability of modules to required areas and overall cost savings are fueling the demand for mobile substations as alternative power plants. Mobile substations are used in utility and industrial applications. The focus on providing and ensuring a continuous supply of power is driving the expansion of the mobile substation market significantly.

Simultaneously, the growing number of clean energy projects requires seamless integration of renewables into the power grid, and the mobile substation’s ability to transition efficiently increases the demand for these substations. Consisting of the ability to recover as quickly as possible from major weather events and natural disasters, it provides economic and public health and safety benefits to businesses and local communities. Moreover, the increase in demand for electricity coupled with the continued and expanded growth of the share of renewable energy in centralized and decentralized networks requires a new efficient and effective approach to managing the transition, making full use of the sub -mobile stations, thus stimulating demand for mobile. substation during the forecast period.

Key developments

  • April 2019: Serbia’s electricity utility Elektroprivreda Srbije (EPS) received a donation of four mobile substations from the EU. This mobile substation will improve responses to emergencies such as floods and forest fires.

Key players

The main market players are ABB, Siemens, Eaton, General Electric, CG Power, WEG, TGood, Powell Industries, Elgin Power Solutions, Matelec Group and Meidensha.

Verified Market Research has segmented the global mobile substation market on the basis of components, applications, and geography.

  • Mobile Substation Market, By Component
    • Equipment
    • Transformer
    • Surge arresters
    • Trailer
    • Other auxiliary systems
  • Mobile Substation Market, By Application
    • Utilities
    • Industrial
      • petroleum gas
      • Metals and Mining
      • Others

·Mobile Substation Market, By Geography

    • North America
    • Europe
      • Germany
      • France
      • UK
      • The rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LINE
      • Middle East and Africa
      • Latin America

Browse related reports:

DC Switchgear Market By voltage (up to 750V, 1800V to 3000V), by deployment type (fixed mount, plug-in), by application (railroads, power generation), by geography and forecast

Household Generators Market By product (portable type, standby type), by consumption (less than 4 KW, 4-8 KW), by geography and forecast

Heat Recovery Steam Generator Market By nominal power (300MW), by application (combined cycle, cogeneration), by end user (utilities, chemicals), by geography and forecast

Mobile Emergency Substation Market By product (HV mobile substation, LV/MV mobile substation), by application (energy, infrastructure, industry) by geography and forecast

Top 10 Uninterruptible Power Supply Manufacturers in the World save money by saving electrical appliances

Visualize the Mobile Substation Market Using Verified Market Intelligence -:

Verified market intelligence is our BI-enabled platform for storytelling in this market. VMI offers in-depth forecast trends and accurate insights on over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.

VMI provides a comprehensive overview and global competitive landscape with respect to region, country, segment and key players in your market. Present your market report and results with built-in presentation functionality that saves you over 70% of your time and resources for presentations to investors, sales and marketing, R&D, and product development. VMI enables data delivery in Excel and interactive PDF formats with over 15+ key market indicators for your market.

About Us

Verified Market Research is a leading global research and advisory firm serving over 5,000 clients. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We provide insight into strategic and growth analytics, the data needed to achieve business goals, and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and governance and use industry techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study over 14 categories across Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, automotive and transportation, information and communication technology, software and services, information security, mining, minerals and metals, construction. & Construction, agricultural industry and medical devices from more than 100 countries.


Comments are closed.