Global Emergency Mobile Substation Market Estimated to Reach $1.5 Billion by 2025


Posted October 12, 2020 by rohitkurup99

Military Bases are dominating the market by wide use of emergency mobile substations owing to the demand for mobile substations for backup in power supply purposes.

 
Global Emergency Mobile Substation Market is estimated to reach $1.5billion by 2025, growing at a CAGR of 4.4% from 2020 to 2025. Emergency Mobile Substation provides temporary restoration to power supply through damaged low and medium voltage substation systems and equipment. The emergency mobile substations generally have rotating circuit breakers, rack out circuit breakers, sidewall mounted bushings, vacuum breakers and others. It has a wide use in the several industrial applications owing to its features like portability, ease of assembly among others. Furthermore, emergency mobile substations have wide applications in rural areas as well for the redundancy of parallel circuits.

Key Takeaways
The portability, flexibility and cost effectiveness have led to surge in adoption of mobile substations in a wide variety of applications in various end use sector.
Military Bases are dominating the market by wide use of emergency mobile substations owing to the demand for mobile substations for backup in power supply purposes.
Europe is dominating the market owing to the major key players, wide use of mobile substations for smart grid and rise in T&D players.
Cost of equipment, lack of skilled labour and poor economies of some countries are hindering the growth of the market.
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Geography – Segment Analysis
Europe dominated the Emergency Mobile Substation Market with a share of 38% in 2019 owing to the significant focus of key players, surge in adoption of mobile substation technologies and surge in adoption of smart grid technologies among others. Furthermore, Europe has the biggest transmission system with extra high voltage lines contributing to the growth of the emergency mobile substations.

Drivers – Emergency Mobile Substation Market
Rising use of Mobile Substations owing to its portability and cost effectiveness
Surge in adoption owing to rapid deployment anywhere

Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Emergency Mobile Substation Market are given in this report. Emergency Mobile Substation Market is dominated by major companies such asAZZ Incorporated Company, ABB Automation Company, CR Technology Systems, Delta Star Waukesha Electric Systems, GE Corporation, Powell Industries Inc, Elgin Power Solutions, WEG Industries, Siemens AG, Eaton Corporation Inc among others.

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Issued By rohitkurup99
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Categories Business , Manufacturing , Reports
Tags global emergency mobile substation market , global emergency mobile substation market forecast , global emergency mobile substation market growth , global emergency mobile substation market report , global emergency mobile substation market share , global emergency mobile substation market size
Last Updated October 12, 2020