Global Mobile Substation Market Overview:
Mobile Substation is a self-contained trailer or container equipped with the necessary high and medium voltage components of a full substation. These substations provide a crucial flexible link in the electrical grid. These are autonomous systems that offer maximum mobility and flexibility. They can be prepared, transported, and operational in a very short space of time, making mobile substations the ideal solutions for addressing a range of contingencies that utilities may face. It is a perfect solution where there is a need to provide interim grid connections and temporary power supplies. The rising need to reduced set-up time for effective attendance to emergency situations will contribute to the demand for mobile substations in the forecast period. Some of the players profiled in the study are Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (United States), CG Power (India), MEIDENSHA (Japan), Nari Group (China), WEG (Brazil), TGOOD (Hong Kong) and Powell Industries (United States).
On the basis of geography, the market of Mobile Substation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Rating, the sub-segment i.e. Upto 10 MVA will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage Type, the sub-segment i.e. Medium Voltage will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobile Transformer Type, the sub-segment i.e. Power Transformer will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Time-Saving, Easy-To-Install, And Flexible Solution
- Increase In Demand For Renewable Energy Sources
Influencing Trend
- Demand for Customized Mobile Substation
Restraints
- Maintenance Cost Of Mobile Substations
Opportunities
- Lucrative Market for Mobile Substations in the Middle East & Africa
- Demand In Transmitting And Distributing Power
Challenges
- Transportation Norms in Various Regions
Key Market Developments:
In November 2019, Al Handasya co. signed a contract with Al Ebtida co. to manufacture three Mobile Substations 33/11kv, with 31.5 MVA Transformer, Switchgear and SCADA system from Schneider Electric.
The global mobile substation market is highly competitive and consists of a limited number of vendors who compete with each other. The intense competition, changing consumer spending patterns, technological evolutions, and frequent changes in consumer preferences pose significant opportunities for the growth of mobile substation. To gain a competitive edge in the market, the providers are highly investing in R&D to develop innovative solutions and stay updated with the emergent technologies that could influence their services.
Target Audience:
New Entrants/Investors, Analysts and Strategic Business Planners, Mobile Substation Manufacturer, System Integrators and Integrated Device Manufacturers, Electric Hardware Equipment Manufacturers, Assembly and Packaging Vendors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End User Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global Mobile Substation market on the basis of product [Gas-Insulated Substation (AIS) and Air-Insulated Substation (AIS)] , application [Energy, Oil & Gas, Metals & Mining, Infrastructure, Industrial and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Mobile Substation market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Mobile Substation industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are AZZ Inc. (United States), Elgin Power Solutions (United States), Matelec Group (Lebanon), Aktif Group (Turkey), PME Power Solutions (India), EKOS Group (Turkey) and Unit Electrical Engineering (Canada).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Mobile Substation market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.