The global mobile substation market is anticipated to grow at a CAGR of around 7.8% during the forecast period. 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.
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Global Mobile Substation Market Report Segment
By Application
- Utilities
- Industrial (Oil & Gas, Metals & Mining, and Others)
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Mobile Substation Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 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.
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