Market Overview

Mobile Substation: Worldwide Market Analysis & Forecasts (2018-2023) - Lucrative Market for Mobile Substations in the Middle East & Africa - ResearchAndMarkets.com

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The "Mobile
Substation Market by Application (Industrial (Metals & Mining, Oil &
Gas, Construction, Port, and Data Centers), and Utilities), and Region
(Middle East & Africa, Americas, Europe, and Asia Pacific) - Global
Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The mobile substation market is expected to grow from an estimated USD
789.3 Million in 2018 to USD 1,136.9 Million by 2023, at a CAGR of 7.57%
between 2018 and 2023.

Factors driving the growth of this market include the ease of
transportation, flexibility, cost-effectiveness, and easy installation
of mobile substations.

Maintenance is one of the key restraining factors for the mobile
substation market as failure may critically affect the operation of
various applications. Also, the transportation norms setup by different
regional authorities may be a challenge for players. For the US, the
Department of Transportation (DOT) has made certain rules and
regulations for the transportation of heavy electrical equipment.

Transportability, short startup and commissioning time, reduced
mechanical footprint, and non-requirement of construction work are some
of the key benefits expected to drive the growth of mobile substations
during the forecast period.

The mobile substation is proven to be an apt solution to provide
temporary power supply during unplanned repairs. Moreover, during
planned maintenance, mobile substations can reduce or even eliminate the
need for extended electricity outages. Thus the utilities application is
expected to grow during the forecast period.

Market Dynamics

Drivers

  • Time Saving, Easy-to-Install, and Flexible Solution

Restraints

  • Maintenance of Mobile Substations

Opportunities

  • Lucrative Market for Mobile Substations in the Middle East & Africa

Challenges

  • Transportation Norms

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Mobile Substation Market, By Component

7 Mobile Substation Market, By Application

8 Geographic Analysis

9 Competitive Landscape

  • ABB
  • AZZ
  • Aktif Group
  • Ampcontrol Pty Ltd
  • CG Power
  • Delta Star
  • Eaton
  • Efacec Power Solutions
  • Ekos Group
  • Elgin Power Solutions
  • General Electric
  • Jacobsen Elektro
  • Matelec Group
  • Meidensha
  • Nari Group
  • PME Power Solutions (India) Limited
  • Powell Industries
  • Siemens
  • Tadeo Czerweny
  • Tgood
  • Unit Electrical Engineering (UEE)
  • WEG

For more information about this report visit https://www.researchandmarkets.com/research/f6n862/mobile?w=4

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