Data Centre Substation Market Size- By Component, By Voltage- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Data Centre Substation Market Size- By Component, By Voltage- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Data Centre Substation Market Introduction and Overview

According to SPER market research, ‘Data Centre Substation Market Size- By Component, By Voltage- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Data Centre Substation Market is predicted to reach USD 15.85 billion by 2033 with a CAGR of 5.8%.

A substation’s fundamental purpose is to link the data centre to its various power sources, while distributed power generation techniques like solar panels and fuel cells are also taken into consideration. A substation is moreover a power network structure that links distribution feeders, transmission lines, circuit breakers, switches, and busbars. This makes it possible to regulate the power flow via the network and perform general maintenance switching operations.

The supply chain problems that followed the COVID-19 epidemic, along with the temporary halt of production operations, have significantly impacted the market for data centre substations. Furthermore, during the epidemic, as business activity declined, so did the demand for power. The drop in power usage in 2021 has resulted in virtually little investment in the substation sector.

Scope of the Report:

Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Component, By Voltage.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered

Eaton, General Electric, Hitachi ABB PowerGrid Inc, Hyosung Heavy Industries, NEI Electric Power Engineering, Inc., NR Electric Co., Ltd., S&C Electric Company, Schneider Electric, Siemens Energy, Tesco Automation Inc.

Data Centre Substation Market Key Segments Covered

By Component:Based on the Component, Global Data Centre Substation Market is segmented as; Busbars, Capacitors, Relays, Surge Arrestors, Switchgears (Air Insulated & Gas Insulated), Transformers and Others.

By Voltage:Based on the Voltage, Global Data Centre Substation Market is segmented as; 33 kV – 110 kV, 110 kV – 220 kV, 220 kV – 500 kV and Above 500 kV.

By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.