Opportunity Assessment of Mobile Substation Market Reveals Lucrative Prospects for Manufacturers
atulpmrMay 3, 2021
Mobile substation Market: Introduction
Besides a constant power supply, the demand for a supplementary power supply is also being witnessed across various verticals, especially across various industries. The demand for these supplementary power supplies has witnessed a boom due to growing awareness about the adoption of renewable energy supplies. Thus, increasing adoption of mobile substations has been observed in the energy and power market.
In addition to acting as back-up power units in various industries, mobile stations have been found effective in various situations, such as disaster response, rapid expansion of transmission capacity, etc. In addition to this, the adoption of mobile substations has resulted in reduced need for extended electricity outages. Owing to the structural design of mobile substations, mobile substations are easy to install.
China
New-york
United-states
Mexico
India
Canada
Brazil
Persistence-market-research
Mobile-substation
Substation-market
Mobile-substation-market
Share this article
Share this article
ResearchAndMarkets.com s offering.
The market was valued at US$ 910.00 million in 2019 and is projected to reach US$ 1,465.34 million by 2027; it is expected to grow at a CAGR of 6.3% during 2020-2027
Substations play a significant role in the transmission and distribution of electrical power across the grid. Mobile substations are used in case of any power outage in the transmission and distribution of electrical power. Companies such as General Electric offer mobile substations that help end user in off-line events, and maintain grid safety and functionality.
The mobile substation is prefabricated, preassembled, and pre-commissioned with a compact design; therefore, it can be transported and installed in minimal time and on-site work. Customers can use mobile substation without investing in its procurement and maintenance as these substations are generally available on lease.
Dublin
Ireland
Laura-wood
Powell-industries-inc
Market-initiative
Group-corporation
Office-hours-call
Research-methodology
Eaton-corporation
Company-profiles
E-st-office-hours-call
Meidensha-corporation