Mobile Substation Market at a CAGR of 8.9% Rising Enterprise Efficiency and Dominated by Top Competitors (ABB, AZZ, WEG, Tgood, Tadeo Czerweny, Siemens, Powell Industries, Meidensha) and Global Future Scope to 2026

Marketprognosis.com Publish a New Market Research Report On “Mobile Substation - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Mobile Substation Market:

The Global Mobile Substation Services Market is accounted for $742.4 Million in 2017 and expected to grow at a CAGR of 8.9% to reach $1390.90 Million by 2026. Growing demand for power, considerable increase in transmission & distribution network, lucrative market growth in the Middle East & Africa and easy installation of mobile substations are some of the key factors favoring the market growth. However, maintenance of mobile substations is a major factor restraining the market growth.

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On the basis of Mobile Transformer, Distribution Transformer segment registered considerable share during the forecast period due to rising demand for urbanization and industrialization. This is used for lower voltage networks less than 200 MVA for end users. By Application, Energy & Utilities sector segment held significant share which can be attributed to the increase in demand for renewable energy sources, such as wind, solar, hydro to meet the consumers demand for power generation and high demand-supply gap in energy in most of the developing and developed nations.

Geographically, Middle East & Africa commanded the largest market share due to high demand from mining and utilities application from this region, rapid demand from the metals and oil& gas industries in Africa during the forecast period.

Major Key Players:

1 ABB

2 AZZ

3 WEG

4 Unit Electrical Engineering (UEE)

5 Tgood

6 Tadeo Czerweny

7 Siemens

8 Powell Industries

9 PME Power Solutions (India) Limited

10 Meidensha and More………….

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Market Segment by Voltages:

1 Medium Voltage (MV)

2 High Voltage (HV)

Market Segment by Components:

1 Surge Arresters

2 Transformer

3 Trailer

4 Switchgear

5 Other Auxiliary Systems

Market Segment by Mobile Transformers:

1 Distribution Transformer

2 Power Transformer

Market Segment by Power Rating:

1 Up To 10MVA

2 11 MVA-28 MVA

3 28 MVA-100 MVA

4 Above 100 MVA

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Mobile Substation Market.

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This release was published on openPR.