Global Mobile Substation Market Growth 2023-2029

Global Mobile Substation Market Growth 2023-2029

Mobile substations are autonomous systems that offer maximum mobility and flexibility. They can be prepared, transported and operational in a very short space of time, making mobile substations the ideal solutions for addressing a range of contingencies that utilities may face.

LPI (LP Information)' newest research report, the “Mobile Substation Industry Forecast” looks at past sales and reviews total world Mobile Substation sales in 2022, providing a comprehensive analysis by region and market sector of projected Mobile Substation sales for 2023 through 2029. With Mobile Substation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile Substation industry.

This Insight Report provides a comprehensive analysis of the global Mobile Substation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile Substation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mobile Substation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile Substation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile Substation.

The global Mobile Substation market size is projected to grow from US$ 823.8 million in 2022 to US$ 1286.6 million in 2029; it is expected to grow at a CAGR of 1286.6 from 2023 to 2029.

Hitachi is the largest player of global mobile substations market, holds a share about 10%, other key players include Siemens, Matelec, and Efacec, etc. Middle East & Africa is the largest market, occupied for about 30 percent, followed by North America. In terms of type, LV/MV mobile substation is the largest segment, with a share about 60%, and in terms of application, the energy segment holds share about 40 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Substation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
HV Mobile Substation
LV/MV Mobile Substation

Segmentation by application
Energy
Infrastructure
Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi
Siemens
Matelec
Efacec
EATON
CG
GE
EKOS Group
WEG
Delta Star
Meidensha Corporation
AZZ
Ampcontrol Pty Ltd
Tadeo Czerweny S.A.
Tgood
VRT
Powell Industries
Jacobsen Elektro
Elgin Power Solutions
Aktif Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mobile Substation market?

What factors are driving Mobile Substation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mobile Substation market opportunities vary by end market size?

How does Mobile Substation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.