Market Overview:
The global packaged substation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market is segmented by type, application, and region. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%. Civil is the main application, which accounts for about 41.44% of total consumption in 2018. Asia Pacific dominates the global packaged substation market with a share of more than 36%.
Product Definition:
A packaged substation is a self-contained electrical substation that typically includes one or more transformers, switchgear, and an outdoor enclosure. The package is designed to be easily transported to the site and installed. Packaged substations are often used in rural areas where it may be difficult or expensive to bring in power from a larger grid.
Indoor Packaged Substation:
Indoor packaged substation is a type of substation used to supply power to buildings and other structures. It is installed in indoor areas, such as malls, shopping centers, airports, and residential compounds. The growth factor for the market includes increasing urbanization along with growing infrastructure spending by developing countries across the globe.
Outdoor Packaged Substation:
Outdoor packaged substation is a device that is used in the place of conventional power supply equipment such as switchgears, busbars and pole lines. It provides an additional capacity to feed electricity from high voltage lines to low voltage lines without any interference with the existing electrical network. The main function of outdoor packaged substation is to protect itself from fault currents by using diodes and transistors which are present in large number at both ends of the circuit.
Application Insights:
The infrastructure application segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the growing demand for electric power generation, transmission and distribution facilities. The commercial application segment accounted for about 24.3% of total market share in 2018 and is projected to witness significant growth over the forecast period as packaged substation are widely used in data centers, hospitals, educational institutions, corporate offices and government buildings among others.
The industrial applications include chemical plants, refineries etc., which use large amounts of electricity for various processes such as electrolysis process in petroleum refining or manufacturing process involving high electrical current density etc., These types of stations have been installed across the globe due to their benefits such as easy installation with limited space requirement along with low maintenance cost which makes them suitable for heavy industrial usage globally.
Regional Analysis:
Asia Pacific region is anticipated to witness the highest growth over the forecast period, owing to increasing demand for electricity in emerging economies such as China and India. The growing industrial sector and rapid urbanization are also expected to drive the regional market over the forecast period. Moreover, government initiatives encouraging investments in renewable energy sources are likely to have a positive impact on industry growth.
The Middle East & Africa (MEA) packaged substation market is projected to grow at a significant rate during the same period owing to increasing infrastructure activities across countries such as Saudi Arabia and UAE. In addition, rising number of power generation projects including wind farms and solar photovoltaic installations across these countries will further propel industry expansion over next eight years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Stringent government regulations for power quality and safety
- Development of smart grid technologies that enable two-way communication between utilities and consumers
- Proliferation of renewable energy sources such as solar and wind
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaged Substation Market Research Report
By Type
Indoor Packaged Substation, Outdoor Packaged Substation, The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
By Application
Factory, Infrastructure, Commercial, Others, Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
By Companies
ABB, GE, Eaton, Siemens, Alfanar, CG Power and Industrial Solutions, Anord Mardix, Lucy Electric, KE ELECTRIC, DIS-TRAN, ESS METRON, C&S Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Packaged Substation Market Report Segments:
The global Packaged Substation market is segmented on the basis of:
Types
Indoor Packaged Substation, Outdoor Packaged Substation, The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Factory, Infrastructure, Commercial, Others, Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- GE
- Eaton
- Siemens
- Alfanar
- CG Power and Industrial Solutions
- Anord Mardix
- Lucy Electric
- KE ELECTRIC
- DIS-TRAN
- ESS METRON
- C&S Electric
Highlights of The Packaged Substation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Indoor Packaged Substation
- Outdoor Packaged Substation
- The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
- By Application:
- Factory
- Infrastructure
- Commercial
- Others
- Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Packaged Substation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Packaged Substation is a type of energy storage system that uses batteries to store energy from renewable sources like solar and wind. When the power grid needs more electricity, the battery can provide it quickly and reliably.
Some of the major players in the packaged substation market are ABB, GE, Eaton, Siemens, Alfanar, CG Power and Industrial Solutions, Anord Mardix, Lucy Electric, KE ELECTRIC, DIS-TRAN, ESS METRON, C&S Electric.
The packaged substation market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Packaged Substation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Packaged Substation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Packaged Substation Market - Supply Chain
4.5. Global Packaged Substation Market Forecast
4.5.1. Packaged Substation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Packaged Substation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Packaged Substation Market Absolute $ Opportunity
5. Global Packaged Substation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Packaged Substation Market Size and Volume Forecast by Type
5.3.1. Indoor Packaged Substation
5.3.2. Outdoor Packaged Substation
5.3.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Packaged Substation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Packaged Substation Market Size and Volume Forecast by Application
6.3.1. Factory
6.3.2. Infrastructure
6.3.3. Commercial
6.3.4. Others
6.3.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Packaged Substation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Packaged Substation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Packaged Substation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Packaged Substation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Packaged Substation Demand Share Forecast, 2019-2026
9. North America Packaged Substation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Packaged Substation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Packaged Substation Market Size and Volume Forecast by Application
9.4.1. Factory
9.4.2. Infrastructure
9.4.3. Commercial
9.4.4. Others
9.4.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Packaged Substation Market Size and Volume Forecast by Type
9.7.1. Indoor Packaged Substation
9.7.2. Outdoor Packaged Substation
9.7.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Packaged Substation Demand Share Forecast, 2019-2026
10. Latin America Packaged Substation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Packaged Substation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Packaged Substation Market Size and Volume Forecast by Application
10.4.1. Factory
10.4.2. Infrastructure
10.4.3. Commercial
10.4.4. Others
10.4.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Packaged Substation Market Size and Volume Forecast by Type
10.7.1. Indoor Packaged Substation
10.7.2. Outdoor Packaged Substation
10.7.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Packaged Substation Demand Share Forecast, 2019-2026
11. Europe Packaged Substation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Packaged Substation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Packaged Substation Market Size and Volume Forecast by Application
11.4.1. Factory
11.4.2. Infrastructure
11.4.3. Commercial
11.4.4. Others
11.4.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Packaged Substation Market Size and Volume Forecast by Type
11.7.1. Indoor Packaged Substatio
11.7.2. Outdoor Packaged Substation
11.7.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Packaged Substation Demand Share, 2019-2026
12. Asia Pacific Packaged Substation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Packaged Substation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Packaged Substation Market Size and Volume Forecast by Application
12.4.1. Factory
12.4.2. Infrastructure
12.4.3. Commercial
12.4.4. Others
12.4.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Packaged Substation Market Size and Volume Forecast by Type
12.7.1. Indoor Packaged Substation
12.7.2. Outdoor Packaged Substation
12.7.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Packaged Substation Demand Share, 2019-2026
13. Middle East & Africa Packaged Substation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Packaged Substation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Packaged Substation Market Size and Volume Forecast by Application
13.4.1. Factory
13.4.2. Infrastructure
13.4.3. Commercial
13.4.4. Others
13.4.5. Civil is the main application, which accounts for about 41.44% of total consumption in 2018.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Packaged Substation Market Size and Volume Forecast by Type
13.7.1. Indoor Packaged Substation
13.7.2. Outdoor Packaged Substation
13.7.3. The segment of outdoor packaged substation holds a comparatively larger share in global market, which accounts for about 81%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Packaged Substation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Packaged Substation Market: Market Share Analysis
14.2. Packaged Substation Distributors and Customers
14.3. Packaged Substation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alfanar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CG Power and Industrial Solutions
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anord Mardix
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lucy Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. KE ELECTRIC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DIS-TRAN
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ESS METRON
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. C&S Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
