The global prefabricated substations market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for renewable energy and the need for power supply in developing countries.
The prefabricated substations market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into high-voltage substation (HV), medium-voltage substation (MV), low-voltage substation (LV). On the basis of application, it has been segmented into railway and urban transport electrification, industrial power supply system, utility solution, renewables integration. The regional segments include North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa(APMEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for electricity in developing countries is a major factor driving the growth of the prefabricated substations market.
- The need to reduce transmission and distribution losses is also a key driver for the prefabricated substations market.
- Increasing investments in renewable energy sources such as solar and wind power are also expected to drive the growth of this market over the forecast period.
- The growing need for grid modernization is another factor that will drive this market's growth over the forecast period, as it will help improve reliability and efficiency of power grids, which will lead to increased demand for prefabricated substations across various regions globally.
- Increasing awareness about environmental sustainability among consumers has led to an increase in investments in renewable energy sources such as solar and wind power, which are expected to fuel this market's growth over the forecast period.
Industry Growth Insights published a new data on “Prefabricated Substations Market”. The research report is titled “Prefabricated Substations Market research by Types (High-voltage Substation, Medium-voltage Substation, Low-voltage Substation), By Applications (Railway and Urban Transport Electrification, Industrial Power Supply System, Utility Solution, Renewables Integration, Others), By Players/Companies Siemens, ABB, Schneider Electric, TGOOD, Spark Power Corp, Tianan, Secheron”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Prefabricated Substations Market Research Report
By Type
High-voltage Substation, Medium-voltage Substation, Low-voltage Substation
By Application
Railway and Urban Transport Electrification, Industrial Power Supply System, Utility Solution, Renewables Integration, Others
By Companies
Siemens, ABB, Schneider Electric, TGOOD, Spark Power Corp, Tianan, Secheron
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Prefabricated Substations Market Report Segments:
The global Prefabricated Substations market is segmented on the basis of:
Types
High-voltage Substation, Medium-voltage Substation, Low-voltage Substation
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
Railway and Urban Transport Electrification, Industrial Power Supply System, Utility Solution, Renewables Integration, Others
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:
- Siemens
- ABB
- Schneider Electric
- TGOOD
- Spark Power Corp
- Tianan
- Secheron
Highlights of The Prefabricated Substations 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:
- High-voltage Substation
- Medium-voltage Substation
- Low-voltage Substation
- By Application:
- Railway and Urban Transport Electrification
- Industrial Power Supply System
- Utility Solution
- Renewables Integration
- Others
- 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 Prefabricated Substations 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Prefabricated substations are a type of electrical substation that are typically made in factories and transported to the site where they will be installed. They are often used when installing new electrical systems, because they can be assembled quickly and without having to build the entire substation from scratch.
Some of the major players in the prefabricated substations market are Siemens, ABB, Schneider Electric, TGOOD, Spark Power Corp, Tianan, Secheron.
The prefabricated substations market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prefabricated Substations 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. Prefabricated Substations Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prefabricated Substations Market - Supply Chain
4.5. Global Prefabricated Substations Market Forecast
4.5.1. Prefabricated Substations Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prefabricated Substations Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prefabricated Substations Market Absolute $ Opportunity
5. Global Prefabricated Substations 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. Prefabricated Substations Market Size and Volume Forecast by Type
5.3.1. High-voltage Substation
5.3.2. Medium-voltage Substation
5.3.3. Low-voltage Substation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prefabricated Substations 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. Prefabricated Substations Market Size and Volume Forecast by Application
6.3.1. Railway and Urban Transport Electrification
6.3.2. Industrial Power Supply System
6.3.3. Utility Solution
6.3.4. Renewables Integration
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prefabricated Substations 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. Prefabricated Substations 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 Prefabricated Substations 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. Prefabricated Substations 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 Prefabricated Substations Demand Share Forecast, 2019-2026
9. North America Prefabricated Substations 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 Prefabricated Substations 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 Prefabricated Substations Market Size and Volume Forecast by Application
9.4.1. Railway and Urban Transport Electrification
9.4.2. Industrial Power Supply System
9.4.3. Utility Solution
9.4.4. Renewables Integration
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prefabricated Substations Market Size and Volume Forecast by Type
9.7.1. High-voltage Substation
9.7.2. Medium-voltage Substation
9.7.3. Low-voltage Substation
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 Prefabricated Substations Demand Share Forecast, 2019-2026
10. Latin America Prefabricated Substations 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 Prefabricated Substations 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 Prefabricated Substations Market Size and Volume Forecast by Application
10.4.1. Railway and Urban Transport Electrification
10.4.2. Industrial Power Supply System
10.4.3. Utility Solution
10.4.4. Renewables Integration
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prefabricated Substations Market Size and Volume Forecast by Type
10.7.1. High-voltage Substation
10.7.2. Medium-voltage Substation
10.7.3. Low-voltage Substation
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 Prefabricated Substations Demand Share Forecast, 2019-2026
11. Europe Prefabricated Substations 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 Prefabricated Substations 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 Prefabricated Substations Market Size and Volume Forecast by Application
11.4.1. Railway and Urban Transport Electrification
11.4.2. Industrial Power Supply System
11.4.3. Utility Solution
11.4.4. Renewables Integration
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prefabricated Substations Market Size and Volume Forecast by Tpe
11.7.1. High-voltage Substation
11.7.2. Medium-voltage Substation
11.7.3. Low-voltage Substation
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 Prefabricated Substations Demand Share, 2019-2026
12. Asia Pacific Prefabricated Substations 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 Prefabricated Substations 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 Prefabricated Substations Market Size and Volume Forecast by Application
12.4.1. Railway and Urban Transport Electrification
12.4.2. Industrial Power Supply System
12.4.3. Utility Solution
12.4.4. Renewables Integration
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prefabricated Substations Market Size and Volume Forecast by Type
12.7.1. High-voltage Substation
12.7.2. Medium-voltage Substation
12.7.3. Low-voltage Substation
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 Prefabricated Substations Demand Share, 2019-2026
13. Middle East & Africa Prefabricated Substations 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 Prefabricated Substations 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 Prefabricated Substations Market Size and Volume Forecast by Application
13.4.1. Railway and Urban Transport Electrification
13.4.2. Industrial Power Supply System
13.4.3. Utility Solution
13.4.4. Renewables Integration
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prefabricated Substations Market Size and Volume Forecast by Type
13.7.1. High-voltage Substation
13.7.2. Medium-voltage Substation
13.7.3. Low-voltage Substation
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 Prefabricated Substations Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prefabricated Substations Market: Market Share Analysis
14.2. Prefabricated Substations Distributors and Customers
14.3. Prefabricated Substations Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TGOOD
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spark Power Corp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tianan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Secheron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
