The global mobile substation market is expected to grow at a significant CAGR during the forecast period (2024-2031). 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.
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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.
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Market Coverage
- 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
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