Mobile Substation Market 2018-2023 – Focus on Metals & Mining, Oil & Gas, Construction, Port, Data Centers and Utilities Industries – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–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 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 cost
effectiveness, time-saving, flexibility, and easy installation of mobile
substations. Moreover, a mobile substation is a trailer mounted power
solution and thus can be installed in limited space and also can be
easily relocated without difficulty. However, the maintenance of mobile
substation is very crucial, as any small failure may cause serious
disturbances as immediate availability of technical expertise is majorly
difficult.
Oil & Gas and metals & mining, among others are industrial applications
of mobile substations. Industrial metals, such as copper and steel are
expected to be a part of the economic growth in China and Brazil. South
America has also shown significant increase in demand for basic mined
commodities. Trolley assist is one of the applications in the metals &
mining industry wherein a mobile substation is used to supply power. The
mobile substation market is expected to find lucrative opportunities in
metals & mining industry.
Metals & mining from this region is one of the prominent markets for
mobile substations. In 2015, Americas constituted 3.7 billion metric
tons in the total mineral production. Need for reliable and robust power
sources on metals & mining sites are expected to propel the mobile
substation market. Mobile substations can be easily relocated once work
is completed.
General Electric (US), Delta Star (US), ELGIN Power Solutions (US),
Atlas Electric (US), and Powell Industries (US) are some of the mobile
substation manufacturers from North America region.
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/dktkv9/mobile_substation?w=4
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Topics: Electricity