Mobile Substation Market

Global Mobile Substation Market Size, Share & Trends Analysis Report, By Voltage Type (High Voltage and Medium Voltage), by Mobile Transformer (Power Transformer and Distribution Transformer), By Power Rating (Up to 10 MVA, 11 MVA-25 MVA, 25 MVA-100 MVA and Above 100 MVA), By Application (Energy & Utility, Infrastructure, and Industrial), Forecast (2021-2027)

Published: Feb 2022 | Report Code: OMR2024283 | Category : Software & Solutions | Delivery Format: /

The global mobile substation market is expected to grow at a significant CAGR during the forecast period (2021-2027). A trailer-mounted substation with a power transformer, switchgear, disconnected switches, metering transformers, surge arresters, protection, and control equipment, AC and DC auxiliary power, and control systems is referred to as a mobile substation. A mobile substation may be placed in a small location since it is trailer-mounted. It may also be readily moved.

The primary goal of deploying sophisticated mobile substations is to ensure that electricity is restored quickly in the event of a significant outage. Substations are critical components in the transmission and distribution of electricity across the grid. A variety of circumstances outside the control of utilities, grid operators, and industry can cause outages. Equipment failure and natural disasters such as lightning strikes, floods, and earthquakes are some circumstances that cause outages. Operational interruptions, such as maintenance and refurbishing, might be scheduled. Mobile substations are frequently employed in such situations, assisting in the functioning and safety of the grid.

Mobile substations are utilized in a range of sectors. As a result, the increasing industrialization seen throughout the globe, particularly in emerging nations such as India, China, Brazil, and Mexico, is expected to drive the global mobile substation market in terms of value growth. Features such as the simplicity of operation, transportation, and installation, among others, are driving the mobile substation market's revenue growth. Owing to their small size, mobile substations do not require extensive civil work or construction. As a result of the cost-effectiveness associated with mobile substations, a greater demand for their installation is currently being observed across the energy and power industry. Thus, the cost-effectiveness, flexibility, time savings, and ease of installation of mobile substations are supporting to contribute to the market's growth.

Market Coverage

The market number available for – 2020-2027

Base year- 2020

Forecast period- 2021-2027

Segment Covered- 

o By Voltage Type – High Voltage and Medium Voltage

o By Mobile Transformer – Power Transformer and Distribution Transformer

o By Power Rating – Up to 10MVA, 11 MVA-25 MVA, 25 MVA-100 MVA, and Above 100 MVA

o By Application – Energy & Utilities, Infrastructure, and Industrial

Competitive Landscape- ABB Ltd., Siemens AG, General Electric Co., and Eaton Corp. plc, among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Mobile Substation Market Report 

By Voltage Type

High Voltage

Medium Voltage

By Mobile Transformer

Power Transformer

Distribution Transformer

By Power Rating

Up to 10MVA

11 MVA-25 MVA

25 MVA-100 MVA

Above 100 MVA

By Applications

Energy & Utilities

Infrastructure

Industrial

By Region

North America

o United States

o Canada

Europe

o UK

o Germany

o Italy

o Spain

o France

o Rest of Europe

Asia-Pacific

o China

o Japan

o India

o Rest of Asia-Pacific

Rest of the World

o Latin America

o Middle-East and Africa