Press release
Lucintel Forecasts the Global Truck Substation Market is expected to grow with a CAGR of 11.2% from 2024 to 2030
According to a market report by Lucintel, the future of the global truck substation market looks promising with opportunities in the energy, infrastructure, and industrial markets. The global truck substation market is expected to grow with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are growing demand for reliable electricity transmission in remote areas and on-going advancement in power electronics, communication systems, and control technologies.A more than 150-page report to understand trends, opportunity and forecast in truck substation market to 2030 by type (HV mobile substation and LV/MV mobile substation), application (energy, infrastructure, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, HV mobile substation is expected to witness higher growth over the forecast period.
Within the application category, industrial will remain the largest segment.
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In terms of regions, North America is expected to witness highest growth over the forecast period.
Hitachi, Siemens, Matelec, Efacec, EATON, CG, GE are the major suppliers in the truck substation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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