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(EMAILWIRE.COM, August 17, 2018 ) Global Mobile Substation Services Market is accounted for $742.4 million in 2017 and expected to grow at a CAGR of 8.9% to reach $1390.90 million by 2026.
The future market research report contains information for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2026. The report analyzes and presents an overview of Mobile Substation - Global Market Outlook (2017-2026)' is a professional analysis, drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations and in-depth research & with a focus on the current state of the global industry.
Growing demand for power, considerable increase in transmission & distribution network, lucrative market growth in the Middle East & Africa and easy installation of mobile substations are some of the key factors favoring the market growth. However, maintenance of mobile substations is a major factor restraining the market growth.
Mobile substations are autonomous systems that offer maximum mobility and flexibility. The substation consists of transformer, cooling equipment, high voltage switchgear and low voltage switchgear along with metering, protection relaying devices, AC and DC auxiliary power supply, surge protection, and cable connecting arrangement.
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A mobile substation is intended to be pulled by a truck tractor, due to which it is mounted on a specially designed semi-trailer chassis. They are used in emergency situations or at the places where land is not suitable for civil construction. Since this substations are on wheels they can be moved easily anywhere as and when required. The purpose of modernly developed mobile substation is mainly to guarantee quick restoration of power supply after a major fault in a substation.
SOME OF THE KEY PLAYERS IN GLOBAL MOBILE SUBSTATION MARKET INCLUDE
ABB
AZZ
WEG
Unit Electrical Engineering (UEE)
Tgood
Tadeo Czerweny
Siemens
Powell Industries
PME Power Solutions (India) Limited
Nari Group
Meidensha
Matelec Group
Jacobsen Elektro
General Electric
Elgin Power Solutions
Ekos Group
Efacec Power Solutions
Eaton
Delta Star
CG Power
Ampcontrol Pty Ltd
Aktif Group
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By Mobile transformer, distribution transformer segment registered considerable share during the forecast period due to rising demand for urbanization and industrialization. This is used for lower voltage networks less than 200 MVA for end users.
By Application, Energy & Utilities sector segment held significant share which can be attributed to the increase in demand for renewable energy sources, such as wind, solar, hydro to meet the consumers demand for power generation and high demand-supply gap in energy in most of the developing and developed nations.
Voltages Covered:
Medium Voltage (MV)
High Voltage (HV)
Components Covered:
Surge Arresters
Transformer
Trailer
Switchgear
Other Auxiliary Systems
Mobile Transformers Covered:
Distribution Transformer
Power Transformer
Power Rating Covered:
Up To 10MVA
11 MVA-28 MVA
28 MVA-100 MVA
Above 100 MVA
· Applications Covered:
Industrial
Utilities
Other Applications
By Geography, Middle East & Africa commanded the largest market share due to high demand from mining and utilities application from this region, rapid demand from the metals and oil& gas industries in Africa during the forecast period.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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Source: EmailWire.Com
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