Market Overview:
The global skid mounted unit substations market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in renewable energy sources. In addition, the growing trend of miniaturization and modularization is also contributing to the growth of this market. The global skid mounted unit substations market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into open design and enclosed design. Open design Skid Mounted Unit Substations are those that have an exposed transformer while enclosed designs are those that have a transformer housed within an enclosure such as a weatherproof cabinet or NEMA-rated enclosure suitable for outdoor installation.On the basis of application, it can be classified into indoor use and outdoor use segments. Indoor use includes commercial buildings such as hospitals, data centers etc., while outdoor use includes utility applications such as electric power transmission & distribution (T&D), oil & gas pipelines etc.
Product Definition:
A skid mounted unit substation is a type of electrical substation that is designed to be transported and installed as a single unit. Skid mounted unit substations are often used in remote or difficult-to-access locations, where it would be impractical or too expensive to build a traditional electrical substation. Skid mounted units are also used when the need for additional power capacity arises suddenly, as they can be quickly deployed and brought online.
Open Design:
Open design is a method of designing electrical equipment or devices where the internal structure of the device is accessible. The term usually refers to equipment that is not enclosed in a protective housing, but may also apply to devices with minimal or no protective housings. Open designs offer better access to internal components and wires for maintenance and repairs, which reduces service costs; however, it increases the risk of damage due to improper handling.
Enclosed Design:
The enclosed design is a method of constructing buildings or structures that are hermetically sealed from the external environment. The method involves the use of various materials such as glass, plastics, and steel to construct an outer shell with no openings other than required entryways for maintenance and utilities. EDS (Enclosed Design Skid Mounted Unit) substations are used in places where there is a high probability of natural disasters or terrorist attacks; for instance, nuclear power plants.
Application Insights:
The indoor use application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric power supply in residential areas, commercial buildings and industrial facilities, which require skid mounted UPS systems.
The outdoor use application segment is expected to witness significant growth over the forecast period owing to growing demand from construction equipment, agricultural machinery and other heavy electrical equipment among others. The products are designed with weatherproof protection against extreme environmental conditions such as snowstorms rain showers ice etc., thereby providing continuous power supply during emergencies or blackouts without any additional cables or connections required between them and mainframe of utility system.
Increasing investments by governments across various countries in R&D activities related to renewable energy sources such as solar photovoltaic panels wind turbines etc.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electricity in emerging economies, such as China and India. In addition, rising investments by governments in order to improve power infrastructure are likely to drive regional market growth. For instance, according to a white paper on Indian Power Sector Reforms published by Ministry of Power & Coal, Government of India; reforms were undertaken with an aim toward improving the financial position of power distribution companies so that they could undertake modernization activities and also meet future demand for electricity from growing population efficiently.
The Middle East & Africa is anticipated to grow at a significant rate over the forecast period owing high investment opportunities offered by government-funded projects along with other initiatives taken up across countries including Saudi Arabia and UAE (Emirates).
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 reliability
- Development of smart grid technologies that enable real-time monitoring and control of substations
- Proliferation of renewable energy sources such as solar and wind that need to be integrated into the grid
Scope Of The Report
Report Attributes
Report Details
Report Title
Skid Mounted Unit Substations Market Research Report
By Type
Open Design, Enclosed Design
By Application
Indoor Use, Outdoor Use
By Companies
ABB, Mobile Energy, Myers Power Products, TGOOD, Eaton, Atlas Electric, Siemens, GEDAC Electric, Equisales Associates, Crystal Industrial Syndicate
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 Skid Mounted Unit Substations Market Report Segments:
The global Skid Mounted Unit Substations market is segmented on the basis of:
Types
Open Design, Enclosed Design
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
Indoor Use, Outdoor Use
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
- Mobile Energy
- Myers Power Products
- TGOOD
- Eaton
- Atlas Electric
- Siemens
- GEDAC Electric
- Equisales Associates
- Crystal Industrial Syndicate
Highlights of The Skid Mounted Unit 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:
- Open Design
- Enclosed Design
- By Application:
- Indoor Use
- Outdoor Use
- 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 Skid Mounted Unit 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.
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- Correctly Positioning New Products
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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?
A skid mounted unit substation is a type of electrical substation that is mounted on a skid. This allows the substation to be moved easily and quickly, which can be beneficial in areas with unstable ground or difficult access.
Some of the major players in the skid mounted unit substations market are ABB, Mobile Energy, Myers Power Products, TGOOD, Eaton, Atlas Electric, Siemens, GEDAC Electric, Equisales Associates, Crystal Industrial Syndicate.
The skid mounted unit substations market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skid Mounted Unit 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. Skid Mounted Unit Substations Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skid Mounted Unit Substations Market - Supply Chain
4.5. Global Skid Mounted Unit Substations Market Forecast
4.5.1. Skid Mounted Unit Substations Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skid Mounted Unit Substations Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skid Mounted Unit Substations Market Absolute $ Opportunity
5. Global Skid Mounted Unit 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. Skid Mounted Unit Substations Market Size and Volume Forecast by Type
5.3.1. Open Design
5.3.2. Enclosed Design
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skid Mounted Unit 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. Skid Mounted Unit Substations Market Size and Volume Forecast by Application
6.3.1. Indoor Use
6.3.2. Outdoor Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skid Mounted Unit 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. Skid Mounted Unit 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 Skid Mounted Unit 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. Skid Mounted Unit 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 Skid Mounted Unit Substations Demand Share Forecast, 2019-2026
9. North America Skid Mounted Unit 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 Skid Mounted Unit 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 Skid Mounted Unit Substations Market Size and Volume Forecast by Application
9.4.1. Indoor Use
9.4.2. Outdoor Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skid Mounted Unit Substations Market Size and Volume Forecast by Type
9.7.1. Open Design
9.7.2. Enclosed Design
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 Skid Mounted Unit Substations Demand Share Forecast, 2019-2026
10. Latin America Skid Mounted Unit 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 Skid Mounted Unit 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 Skid Mounted Unit Substations Market Size and Volume Forecast by Application
10.4.1. Indoor Use
10.4.2. Outdoor Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skid Mounted Unit Substations Market Size and Volume Forecast by Type
10.7.1. Open Design
10.7.2. Enclosed Design
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 Skid Mounted Unit Substations Demand Share Forecast, 2019-2026
11. Europe Skid Mounted Unit 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 Skid Mounted Unit 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 Skid Mounted Unit Substations Market Size and Volume Forecast by Application
11.4.1. Indoor Use
11.4.2. Outdoor Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skid Mounted Unit Substations Market Size and Volume Forecast by Type
11.7.1. Open Design
11.7.2. Enclosed Design
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y rowth 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 Skid Mounted Unit Substations Demand Share, 2019-2026
12. Asia Pacific Skid Mounted Unit 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 Skid Mounted Unit 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 Skid Mounted Unit Substations Market Size and Volume Forecast by Application
12.4.1. Indoor Use
12.4.2. Outdoor Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skid Mounted Unit Substations Market Size and Volume Forecast by Type
12.7.1. Open Design
12.7.2. Enclosed Design
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 Skid Mounted Unit Substations Demand Share, 2019-2026
13. Middle East & Africa Skid Mounted Unit 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 Skid Mounted Unit 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 Skid Mounted Unit Substations Market Size and Volume Forecast by Application
13.4.1. Indoor Use
13.4.2. Outdoor Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skid Mounted Unit Substations Market Size and Volume Forecast by Type
13.7.1. Open Design
13.7.2. Enclosed Design
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 Skid Mounted Unit Substations Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Skid Mounted Unit Substations Market: Market Share Analysis
14.2. Skid Mounted Unit Substations Distributors and Customers
14.3. Skid Mounted Unit Substations 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. Mobile Energy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Myers Power Products
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. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlas Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GEDAC 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. Equisales Associates
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Crystal Industrial Syndicate
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
