The substation is a part of electric generation, distribution, and transmission systems. Substations are used to transform voltage from high to low, or low to high, or perform a number of important functions. Substations are typically owned and operated by an electrical utility or large commercial and industrial sectors. The packaged substation is an outdoor substation with an already built metal enclosure that consists of electrical equipment placed at one place working as a small substation. It provides advantages like single-source responsibility and accountability. It also reduces installation cost and time.This growth is primarily driven by Increasing Demand of Packaged Substations to Distribute Power with Minimum Loss and Growing Demand of Packaged Substations Due to Less Space Requirement as Compared to Conventional Electrical Substation.
Globally, a noticeable market trend is evident Reduced Overheads Due to Elimination of Costly Cabling
. Major Manufacturers, such as ABB (Switzerland), General Electric (United States), Eaton Corporation (Ireland), Siemens AG (Germany), Schneider Electric SE (France), Toshiba Corporation (Japan), Larsen & Toubro Limited (India), TEPCO (Japan), Kirloskar Electric Company Ltd (India) and Alstom (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Dec 2019, Amara Raja Power Systems announced a partnership with Scheider Electric India for manufacturing and selling prefabricated substations. Under this partnership, Amara Raja Power Systems aims to manufacture the range of end consumers while Schneider India would help in back-end technology support.
- Increasing Demand of Packaged Substations to Distribute Power with Minimum Loss
- Growing Demand of Packaged Substations Due to Less Space Requirement as Compared to Conventional Electrical Substation
- Reduced Overheads Due to Elimination of Costly Cabling
- Increased Demand for Packaged Substation from Temporary Construction Units
- Concern About Dust Deposition on Electrical Equipment
Rising Industrialisation in Developing Countries and Growing Number of Building, Real-Estate Projects will Boost the Packaged Substation Market
Lack of Awareness About Packaged Substation
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