The MarketResearchFuture analysis indicated that a massive surge in investment in renewables, energy efficiency and other clean energy technologies could drive declines in global demand and investment in Mobile Substation market.
The Mobile Substation Market report 2022 includes enabling technologies, key trends, market drivers, challenges, global standardization, regulatory regional landscape, deployment models, case studies, opportunities, future roadmaps, value chains, historical and forecasted data of top market player profiles. This Mobile Substation industry is a multi-billion-dollar business, with the Europe region dominating the global landscapes. It is an integral part of modern life, yet even though it has existed for over a century, the Mobile Substation Market has changed dramatically in time to time. Traditional markets such as Europe and North America are now being joined by emerging economies such as Asia Pacific.
Mobile substation market is expected to grow at ~5% CAGR during the forecast period.
Mobile Substation Market Overview
Transformation mobile substations are usually composed of one or more semi-trailers where several modules HV module, power transfer, MC Panels, Auxiliary services AC/DC, control, monitoring and protection, are mounted. The whole substation can be mounted on a single trailer or on three trailers where one is for HV module one for the transformer and the last for MV panel, auxiliaries and control system. The mounting on three trailers, is done to limit weights and dimensions of transported units. The most common solution is the one with two semi-trailer where the first one bears the HV equipment and HV/MV transformer while the second one bears the remaining parts of the substation. Usually, the equipment of the second trailer, mostly MV/LV panels, are placed in air-conditioned container. The notion of movability of the substation is represented by the semi-trailers as they are fully integrating the whole substation supply. The semi-trailer is swan neck type with lowered loading platform, which can be hauled by common trucks commonly available at transportation companies.
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Globally Major key Players accelerates the Mobile Substation Market is ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (U.S.), Qingdao TGOOD Electric (China), Elgin Power Solutions (U.S.), Meidensha Corporation (Japan), Matelec Group (Lebanon), Enerset Power Solutions (Texas), EKOSinerji (Turkey), WEG (Brazil), Atlas Electric Inc (U.S.) and Delta Star Inc. (U.S.), among others.
Mobile Substation Market Industry Aspects:
- International Energy Agency (IEA) - the energy prospects for Southeast Asia have been affected by the Covid-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation’s (hereafter, “Russia”) invasion of Ukraine. Covid-19 led to a major economic shock for countries in Southeast Asia and the economic recovery now risks being slowed by higher energy prices.
- Russia’s unprovoked invasion of Ukraine has had far-reaching impacts on the global energy system, disrupting supply and demand patterns and fracturing long-standing trading relationships.
- China and the United States each registered gigawatt-scale additions. Utility-scale installations continue to dominate the market, accounting for around two-thirds of total added capacity. Although new policies and projects in key markets are set to accelerate growth, an even faster rise is needed to align with the Net Zero Emissions by 2050 Scenario, which sees nearly 600 GW of battery storage capacity installed by 2030.
Most important Segments of Mobile Substation Market covered in this report are:
By Voltage Type
- HV
- MV
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
- Others
Mobile Substation Industry Influence of the global market report: –Comprehensive assessment of all opportunities and risks in the Mobile Substation Market. –Mobile Substation Market recent innovations and major events. –A detailed study of business strategies for the growth of the Mobile Substation Market market-leading players. –Conclusive study about the growth plot of Mobile Substation Market for forthcoming years. –In-depth understanding of Mobile Substation Market, market-particular drivers, constraints, and major micro markets. –Favorable impression inside vital technological and market latest trends striking the Mobile Substation Market.
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The Mobile Substation Market report explores the current outlook in global and key regions (North America, Europe, Asia-Pacific, and Latin America) from the perspective of players, countries (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.), product types, and end industries.
What are the market factors that are covered in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the Mobile Substation market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The Mobile Substation Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
The research includes historic data from 2017 to 2021 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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