Mobile Substation Market by Application (Industrial (Metals & Mining, Oil & Gas, Construction, Port, and Data Centers), and Utilities), and Region (Midle East & Africa, Americas, Europe, and Asia Pacific) - Global Forecast to 2023

  • ID: 4516006
  • Report
  • Region: Global, Africa, Asia, Asia Pacific, East Africa, Europe
  • 98 pages
  • Markets and Markets
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The Mobile Substation Market Expected to Grow from an Estimated USD 789.3 Million in 2018 to USD 1,136.9 Million by 2023

FEATURED COMPANIES

  • ABB
  • AZZ
  • Eaton
  • Elgin Power Solutions
  • Matelec Group
  • Powell Industries
  • MORE

Mobile substation market to exhibit steady growth between 2018 and 2023

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.

Metals & mining industry is expected to have a high demanding for mobile substations

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.

Americas expected to account for a significant share of the mobile substation market during the forecast period

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. Moreover, construction, data centers, and ports also require mobile substations. The increasing consumption of electricity and the need for reliable power supply fuel the growth of mobile substation market in the US. North America is one of the prominent markets for mobile substations along with the utility sector and industrial application. 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.

The breakup of the profiles of primary participants for the report has been given below:
 By Company Size: Tier 1 = 23%, Tier 2 = 30%, and Tier 3 = 47%
 By Designation: C-Level Executives = 45%, Directors = 36%, and Others = 19%
 By Region: North America = 20%, Europe = 25%, APAC = 15%, and RoW = 40%

The mobile substation market is led by various players according to their core competencies. Key players in this market are Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (US), CG Power (India), and MEIDENSHA (Japan).

Moreover, other players, such as WEG (Brazil), Nari Group (China), TGOOD (Hong Kong), Powell Industries (US), AZZ Inc. (US), Elgin Power Solutions (US), Efacec (Portugal), and Matelec Group (Lebanon) play a significant role in the mobile substation market.

Research Coverage:
The report on the global mobile substation market covers different segments - application and geography. On the basis of application, the mobile substation market has been classified into utilities and industrial applications. The report covers 4 major geographic regions - Americas, Europe, APAC, and Middle East & Africa.

Key Benefits of Buying the Report:

  •   Illustrative segmentation, analysis, and forecast for the market based on application and geography have been conducted to provide an overall view of the mobile substation market.
  •   The value chain analysis has been included in the report to provide an in-depth insight into the mobile substation market.
  •   Major drivers, restraints, opportunities, and challenges of the mobile substation market have been detailed in this report.
  •   A detailed competitive landscape, along with key players and their revenues and growth strategies, has been included in the report.
  •   Key players in the mobile substation market have been profiled, including their recent developments, product launches, and SWOT analysis. Also, MnM view on these players has been included.
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FEATURED COMPANIES

  • ABB
  • AZZ
  • Eaton
  • Elgin Power Solutions
  • Matelec Group
  • Powell Industries
  • MORE

1 Introduction
    1.1 Study Objectives
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Resources
                    2.1.2.2 Primary Interviews With Experts
                    2.1.2.3 Breakdown of Primaries
           2.1.3 Secondary and Primary Research
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach Used to Capture the Market Share Using the Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach Used to Capture the Market Share Using the Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Mobile Substation Market
    4.2 Mobile Substation Market, By Application
    4.3 Mobile Substation Market in the Americas, By Application
    4.4 Mobile Substation Market, By Region and Application
    4.5 Middle East & Africa Mobile Substation Market, By Application

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Time Saving, Easy-To-Install, and Flexible Solution
           5.2.2 Restraints
                    5.2.2.1 Maintenance of Mobile Substations
           5.2.3 Opportunities
                    5.2.3.1 Lucrative Market for Mobile Substations in the Middle East & Africa
           5.2.4 Challenges
                    5.2.4.1 Transportation Norms
    5.3 Value Chain Analysis

6 Mobile Substation Market, By Component
    6.1 Introduction
    6.2 Switchgear
    6.3 Transformer
    6.4 Surge Arresters
    6.5 Trailer
    6.6 Other Auxiliary Systems

7 Mobile Substation Market, By Application
    7.1 Introduction
    7.2 Utilities
    7.3 Industrial
           7.3.1 Oil & Gas
           7.3.2 Metals & Mining
           7.3.3 Others

8 Geographic Analysis
    8.1 Introduction
    8.2 Americas
           8.2.1 North America
                    8.2.1.1 Us
                    8.2.1.2 Rest of North America
           8.2.2 South America
    8.3 Europe
           8.3.1 Spain
           8.3.2 Rest of Europe
    8.4 Asia Pacific
           8.4.1 China
           8.4.2 Rest of APAC
    8.5 Middle East & Africa
           8.5.1 Middle East
                    8.5.1.1 Iraq
           8.5.2 Africa
                    8.5.2.1 Nigeria

9 Competitive Landscape
    9.1 Overview
    9.2 Ranking of Players, 2017
    9.3 Competitive Scenario
           9.3.1 Contracts
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and Author's View)*
     10.1 Key Players
             10.1.1 ABB
             10.1.2 Siemens
             10.1.3 Eaton
             10.1.4 General Electric
             10.1.5 CG Power
             10.1.6 WEG
             10.1.7 Tgood
             10.1.8 Powell Industries
             10.1.9 Elgin Power Solutions
             10.1.10 Meidensha
     10.2 Other Key Companies
             10.2.1 Matelec Group
             10.2.2 Aktif Group
             10.2.3 PME Power Solutions (India) Limited
             10.2.4 Efacec Power Solutions
             10.2.5 Delta Star
             10.2.6 AZZ
             10.2.7 Ekos Group
             10.2.8 Tadeo Czerweny
             10.2.9 Jacobsen Elektro
             10.2.10 Ampcontrol Pty Ltd
             10.2.11 Nari Group
             10.2.12 Unit Electrical Engineering (UEE)

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
     11.1 Insights of Industry Experts
     11.2 Discussion Guide for the Mobile Substation Market

List of Tables
Table 1 Mobile Substation Market Size, By Value and Volume, 2015–2023
Table 2 Key Mobile Substation Projects
Table 3 Mobile Substation Market, By Application, 2015–2023 (USD Million)
Table 4 Mobile Substation Market in Utilities Application, By Region, 2015–2023 (USD Million)
Table 5 Mobile Substation Market in Oil & Gas Application, By Region, 2015–2023 (USD Million)
Table 6 Mobile Substation Market in Metals & Mining Application, By Region, 2015–2023 (USD Million)
Table 7 Mobile Substation Market in Other Applications, By Region, 2015–2023 (USD Million)
Table 8 Mobile Substation Market, By Industrial Application, 2015–2023 (USD Million)
Table 9 Mobile Substation Market in Industrial Application, By Region, 2015–2023 (USD Million)
Table 10 Mobile Substation Market in Middle East & Africa, By Application, 2015–2023 (USD Million)
Table 11 Mobile Substation Market in Middle East, By Application, 2015–2023 (USD Million)
Table 12 Mobile Substation Market in Africa, By Application, 2015–2023 (USD Million)
Table 13 Mobile Substation Market in Europe, By Application, 2015–2023 (USD Million)
Table 14 Mobile Substation Market in Americas, By Application, 2015–2023 (USD Million)
Table 15 Mobile Substation Market in North America, By Application, 2015–2023 (USD Million)
Table 16 Mobile Substation Market in South America, By Application, 2015–2023 (USD Million)
Table 17 Mobile Substation Market in APAC, By Application, 2015–2023 (USD Million)
Table 18 Mobile Substation Market, By Region, 2015–2023 (USD Million)
Table 19 Mobile Substation Market in the Americas, By Industrial Application, 2015–2023 (USD Million)
Table 20 Mobile Substation Market in the Americas, By Region, 2015–2023 (USD Million)
Table 21 Mobile Substation Market in North America, By Country, 2015–2023 (USD Million)
Table 22 Mobile Substation Market in Europe, By Industrial Application, 2015–2023 (USD Million)
Table 23 Mobile Substation Market in Europe, By Country, 2015–2023 (USD Million)
Table 24 Mobile Substation Market in APAC, By Industrial Application, 2015–2023 (USD Million)
Table 25 Mobile Substation Market in APAC, By Country, 2015–2023 (USD Million)
Table 26 Mobile Substation Market in Middle East & Africa, By Industrial Application, 2015–2023 (USD Million)
Table 27 Mobile Substation Market in Middle East & Africa, By Region, 2015–2023 (USD Million)
Table 28 Mobile Substation Market in Middle East, By Industrial Application, 2015–2023 (USD Million)
Table 29 Mobile Substation Market in Middle East, By Country, 2015–2023 (USD Million)
Table 30 Mobile Substation Market in Africa, By Industrial Application, 2015–2023 (USD Million)
Table 31 Mobile Substation Market in Africa, By Country, 2015–2023 (USD Million)
Table 32 Top 3 Players in the Mobile Substation Market

List of Figures
Figure 1 Mobile Substation Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Mobile Substation Market Segmentation
Figure 8 Utilities Application Expected to Lead Global Mobile Substation Market During Forecast Period
Figure 9 Metals & Mining Industrial Application Segment Estimated to Account for Largest Share in Industrial Application of Mobile Substation Market
Figure 10 Middle East & Africa Projected to Grow at Highest CAGR in Global Mobile Substation Market During Forecast Period
Figure 11 Growth Opportunities in the Mobile Substation Market Between 2018 and 2023
Figure 12 Utilities Application Projected to Lead Mobile Substation Market During 2018–2023
Figure 13 Utilities Application Estimated to Account for A Higher Market Share in 2018
Figure 14 Middle East and Africa Estimated to Account for Highest Share in 2018
Figure 15 Africa and Utilities Application Estimated to Account for the Largest Shares of the Middle East & Africa Mobile Substation Market in 2018
Figure 16 Droc: Mobile Substation Market
Figure 17 Mobile Substations: A Time-Saving Solution
Figure 18 Primary Energy Consumption in Africa (2012–2016)
Figure 19 Mobile Substation Value Chain
Figure 20 Mobile Substation Market, By Component
Figure 21 Utilities Application Expected to Grow at Higher CAGR Between 2018 and 2023
Figure 22 Mobile Substation Market, Geographic Snapshot (2018–2023)
Figure 23 North America Estimated to Account for Higher Share of Mobile Substation Market in 2018
Figure 24 Spain Accounted for Highest Market Share of the European Mobile Substation Market in 2017
Figure 25 APAC Mobile Substation Market Snapshot
Figure 26 Middle East & Africa Mobile Substation Market Snapshot
Figure 27 ABB: Company Snapshot
Figure 28 Siemens: Company Snapshot
Figure 29 Eaton: Company Snapshot
Figure 30 General Electric: Company Snapshot
Figure 31 CG Power: Company Snapshot
Figure 32 WEG: Company Snapshot
Figure 33 Powell Industries: Company Snapshot
Figure 34 Meidensha: Company Snapshot

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FEATURED COMPANIES

  • ABB
  • AZZ
  • Eaton
  • Elgin Power Solutions
  • Matelec Group
  • Powell Industries
  • MORE

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. Moreover, mobile substation is a trailer mounted power solution and can be installed in a limited space and can be easily relocated without difficulty. The mobile substation is a comprehensive solution that is designed, engineered, assembled on trailer, tested, in a factory and delivered on site for power distribution.

Mobile substations are useful for emergency response as back-up units and can also be useful in cases where energy distribution requires to be provided or reinstated in a short span of time. Mobile substation market is fragmented, with the presence of many small and mid-size companies which supply products for utilities applications and primarily serve local markets. 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.

Mobile substations are utilized both, in utilities and industrial applications.  Planned maintenance, disaster response, rapid expansion of transmission capacity are some uses wherein the mobile substation has delivered proven outcome for utilities. 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.

Middle East & Africa not only account for the largest market share followed by the Americas, but is also expected to grow at the highest CAGR during the forecast period. Middle East & Africa regions are rich in natural resources, such as oil & gas and metals & mining. Africa is an untapped market for the energy resources. However, countries from these regions, such as Iraq, Algeria, Nigeria have faced many political and social instabilities which have destroyed infrastructure. As a result, these countries have a high demand for energy & power. Due to improvements in situations, governments from these regions are trying to reinstall basic amenities. The Ministry of Electricity of Iraq has ordered mobile substations from various manufacturers, such as Siemens  (Germany), Meidensha (Japan), CG Power (India), and Aktif (Turkey).

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.

Key players in this market, such as Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (US), CG Power (India), and MEIDENSHA (Japan) are focusing on inorganic strategies, such as contracts to enhance their product offerings and expand their businesses.

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  • 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
Note: Product cover images may vary from those shown
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