About Mobile Substation
Mobile Substation is a self-contained trailer or container equipped with the necessary high and medium voltage components of a full substation. These substations provide a crucial flexible link in the electrical grid. These are autonomous systems that offer maximum mobility and flexibility. They can be prepared, transported, and operational in a very short space of time, making mobile substations the ideal solutions for addressing a range of contingencies that utilities may face. It is a perfect solution where there is a need to provide interim grid connections and temporary power supplies. The rising need to reduced set-up time for effective attendance to emergency situations will contribute to the demand for mobile substations in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 18.8% |
The global mobile substation market is highly competitive and consists of a limited number of vendors who compete with each other. The intense competition, changing consumer spending patterns, technological evolutions, and frequent changes in consumer preferences pose significant opportunities for the growth of mobile substation. To gain a competitive edge in the market, the providers are highly investing in R&D to develop innovative solutions and stay updated with the emergent technologies that could influence their services. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Mobile Substation market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (United States), CG Power (India), MEIDENSHA (Japan), Nari Group (China), WEG (Brazil), TGOOD (Hong Kong) and Powell Industries (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are AZZ Inc. (United States), Elgin Power Solutions (United States), Matelec Group (Lebanon), Aktif Group (Turkey), PME Power Solutions (India), EKOS Group (Turkey) and Unit Electrical Engineering (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Substation market by Type (Gas-Insulated Substation (AIS) and Air-Insulated Substation (AIS)), Application (Energy, Oil & Gas, Metals & Mining, Infrastructure, Industrial and Other) and Region.
On the basis of geography, the market of Mobile Substation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Rating, the sub-segment i.e. Upto 10 MVA will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage Type, the sub-segment i.e. Medium Voltage will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobile Transformer Type, the sub-segment i.e. Power Transformer will boost the Mobile Substation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Customized Mobile Substation
Market Growth Drivers:
Time-Saving, Easy-To-Install, And Flexible Solution and Increase In Demand For Renewable Energy Sources
Challenges:
Transportation Norms in Various Regions
Restraints:
Maintenance Cost Of Mobile Substations
Opportunities:
Lucrative Market for Mobile Substations in the Middle East & Africa and Demand In Transmitting And Distributing Power
Market Leaders and their expansionary development strategies
In April 2022, TP Southern Odisha Distribution Limited (TPSODL), a joint venture between Tata Power and the Government of Odisha, has introduced an innovative solution called a mobile substation in its area of operation.The mobile substation includes a distribution transformer, High Tension & Low-Tension protection devices along with other equipment mounted on a mobile trolley.
In July 2023, Telawne is a 30-year-old company, and Telawne Power is a 20-year-old company. We have been participating in Elecrama mainly because it is World’s largest electrical exhibition and we have been participating for last almost 20 years now. So, it has been a wonderful experience in the industry itself as a growth structure for Telawne and Elecrama and the electrical industry.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Mobile Substation Manufacturer, System Integrators and Integrated Device Manufacturers, Electric Hardware Equipment Manufacturers, Assembly and Packaging Vendors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End User Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.