The global mobile substation market size was anticipated to be worth USD 1.21 billion in 2024, is expected to expand to USD 1.73 billion by 2029, with a CAGR of 7.4% over the analyzed period.
A mobile substation is characterized as a completely independent trailer-mounted unit including a transformer, cooling gear, high-and low-voltage circuit assurance, meters, transfers, AC and DC helper power supplies, and overload security. The mobile substation is expected to be towed by a farm hauler truck. The plan and establishment of a mobile substation has explicit limitations that are absent when planning ordinary substations. Mobile substations have applications in the accompanying regions: utility arrangements, environmentally friendly power integration, smart networks and metropolitan substations, charge of rail and metropolitan vehicle, electrification of server centers, mechanical power frameworks, and numerous others.
Notwithstanding the steady power supply, the interest for extra power supply is additionally seen in different verticals, particularly in different businesses. The interest for these extra energy supplies has detonated because of the developing consciousness of the selection of sustainable power sources. Hence, a developing appropriation of mobile substations has been seen in the energy and power market. As well as going about as reinforcement power units in different enterprises, mobile stations have demonstrated to be viable in different circumstances like fiasco reaction, quick development of bandwidth, and so forth less requirement for delayed blackouts. Because of the foundational layout of mobile substations, mobile substations are not difficult to introduce.
Because of their ease of mobility, flexibility, and high backup capability, emergency mobile substations are becoming increasingly popular. In addition, mobile substations are commonly employed because of their economic efficiency. It is commonly utilized in military sites and the construction industry since it can be quickly transported from one location to another. Furthermore, emergency mobile substations enable reliable transmission and distribution of electrical power across the grid, making them widely employed in a variety of industries. Furthermore, in some cases, the deployment of emergency mobile substations offers permanent or semi-permanent installation.
Mobile substations are an important flexible connection in electrical systems. Mobile substations, which are well-equipped with high and medium-voltage components such as power transformers, switchgear, and disconnecting switches, can be deployed quickly and flexibly for any power supply and distribution in the industry. Mobile substations are deployed in the case of a disaster, such as a fire, sabotage, blackouts, or harsh weather. They are effective options for resolving a range of eventualities that utilities encounter, thereby pushing the market due to the transportation requirements in a very short period of time.
Furthermore, market expansion is aided by aspects like as cost-effectiveness, flexibility, time-savings, and ease of installation of mobile substations. Maintenance of a mobile substation, on the other hand, is a problem that stifles the market because even a minor failure can create several disruptions.
The Middle East and Africa offer a lucrative market for mobile substations. This acts as the major opportunity for the global mobile substation market growth during the forecast period.
Many developing countries lack the necessary equipment to build mobile substations. The equipment in mobile substations is highly costly, and many nations cannot afford it. The market's expansion is further hampered by a scarcity of competent labor for equipment maintenance.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
7.4% |
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Segments Covered |
By Component, Application, and Region |
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Various Analyses Covered |
Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (U.S.), Qingdao TGOOD Electric (China), Elgin Power Solutions (U.S.), Meidensha Corporation (Japan), Matelec Group (Lebanon), Enerset Power Solutions (Texas), EKOSinerji (Turkey), WEG (Brazil), Atlas Electric Inc (U.S.) and Delta Star Inc. (U.S.) and Others. |
Mobile substations are useful for emergency response as backup units and can also be useful in cases where power distribution needs to be supplied or restored in a short period of time. The mobile station market is fragmented, with the presence of many small and medium-sized companies offering products for utility applications and serving mainly local markets. Transportability, short start-up and commissioning times, reduced mechanical footprint, and the absence of construction works are some of the main benefits expected to drive mobile substation growth during the period.
Mobile substations are used in both industrial and utility applications. Planned maintenance, disaster response, and rapid expansion of transmission capacity are some of the uses in which the mobile substation has shown proven results for utilities. The mobile substation has proven to be a suitable solution to provide a temporary power supply during unscheduled repairs. Additionally, during scheduled maintenance, mobile substations can reduce or even eliminate the need for prolonged power outages. Therefore, the utility application is expected to grow during the forecast period.
North America is expected to remain the dominant region in terms of demand for mobile substations. The electricity sector has a solid base in North America, due to the high demand for energy associated with the growth of conventional and unconventional power generation plants. The mobile station market in North America is also encouraged to provide an advanced and reliable solution for transportation and distribution activities. The heavy dependence of North American countries on a reliable power supply for economic development has resulted in a lucrative market for mobile substations.
Asia-Pacific is another important market for mobile substations. The demand for electricity in the region has increased significantly due to population growth and the growth of the industrial sector. This has led to an increased need for adequate power transmission and distribution to ensure an uninterrupted power supply. Mobile substations can offer a cost-effective solution for this.
Major Key Players in the Global Mobile Substation Market are
A unique prefabricated lift substation was recently manufactured at TGOOD Qingdao in China. This 30.5m * 9.7m * 5.8m (L * W * H) substation meets Singapore design and construction standards, manufacturing completed in 45 days.
GE Renewable Energy's Grid Solutions business won a contract with the Spanish transmission network operator RED ELÉCTRICA DE ESPAÑA SA for ten mobile substations for the Canary Islands and thus Balearic Islands, including a substation without SF₆ that will support Spain in its decarbonization objectives.
Siemens will improve the flexibility of the Saudi Arabian power framework with mobile substations.
Hitachi ABB Power Grids has spearheaded a momentous particular mobile substation arrangement which boundlessly decreases an opportunity to reestablish power on account of major problematic occasions like cataclysmic events.
By Component
By Application
By Region
Frequently Asked Questions
Mobile substations are primarily used for emergency power restoration, planned maintenance, disaster recovery, temporary power supply during events or projects, grid expansion, and integration of renewable energy sources. They are essential in situations requiring quick deployment and flexibility.
Key factors include the increasing frequency of natural disasters, the aging power infrastructure in many regions, the growing adoption of renewable energy, the need for uninterrupted power supply, and the demand for quick and cost-effective power restoration solutions.
Technological innovations such as advancements in modular design, smart grid integration, and enhanced control systems have significantly influenced the mobile substation market. These innovations have improved the efficiency, reliability, and ease of deployment of mobile substations.
The mobile substation market is expected to grow significantly in the next decade, driven by increasing investments in power infrastructure, the expansion of renewable energy projects, and the rising need for rapid and flexible power solutions. Technological advancements and the development of more cost-effective and efficient mobile substations will also contribute to market growth.
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