Innovation by Market Players is Expected to Fuel the Global Mobile Substation Market Growth

Published: Jan 2022

The global mobile substation market is anticipated to grow at a CAGR of around 7.8% during the forecast period (2021-2027). The market players of the mobile substation industry are continuously innovating to develop product solutions that can serve the diversified needs of consumers.

For instance, Hitachi ABB Power Grids Ltd. had developed a 400 kV multi-voltage modular mobile substation in September 2021, which reduces the average time of power restoration from 18 months to just seven days during the major problematic occasion, like cataclysmic events. Such innovations are expected to further fuel the market growth of mobile substations during the forecast period.

Browse the full report description of "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)" at https://www.omrglobal.com/industry-reports/mobile-substation-market

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Application

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

    • Competitive Landscape- includes ABB Ltd., AZZ Inc., CG Power, and Industrial Solution Ltd., General Electric Co., Siemens AG, Delta Star AG, Atlas Electric Inc., Unit Electrical Engineering Ltd., and 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?

    • 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 Segment

By Application

    • Utilities

    • Industrial (Oil & Gas, Metals & Mining, and Others)

Global Mobile Substation Market Report Segment by Region

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/mobile-substation-market