Emergency Mobile Substation Market to Grow at a CAGR of 6.3% to reach US$ 1,465.34 million from 2020 to 2027

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Emergency Mobile Substation Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Switchgear, Transformer, Surge Arresters, and Other) and Application (Utilities and Industrial)

Publication Month: Nov 2020 | Report Code: TIPTE100001025 | No. of Pages: 154 | Category: Energy and Power | Status: Published

The emergency mobile substation market was valued at US$ 910.00 million in 2019 and is projected to reach US$ 1,465.34 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

The emergency mobile substation market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. In terms of market share, Europedominated the market in 2019.The industrial sector across Europeis developingsignificantly with a stable economy and government’s favorable support to strengthen industries in the region. A growing number of oil & gas, energy & power, manufacturing bases, and construction units plays a vitalrole in the sales of mobile transformers and mobile substations. Industries use electric gridheavily,and the instanceof power outage might occur; therefore, the need for emergency mobile substations is rising across Europe. The increasing promotions for the deployment of emergency mobile substations in Europe accelerate the demand for these substations. For instance, in March 2020, the European governing body distributed emergency mobile substations Market to the electric power industry in Serbia. These substations are energized in on-load regime in substations of Belgrade 2 (110/35kV), Krusevac 4 (35/10kV), Zlatibor 1 (35/10kV), and Požarevac Centar (35/10kV). The distributed substation to the Serbian Electric Power Company supports faster recovery of the distribution power system during any emergency.

Impact of COVID-19 Pandemic on Emergency Mobile Substation Market

The ongoing COVID-19 pandemic is bringing long-term disruptions across several major processesand discrete industries—such as automotive, chemicals, oil & gas, energy & power, mining, and manufacturing. The tremendous growth in the spread of virus urges governments across the globe to impose strict restrictions on the movement of humans and vehicles. As a result, the nationwide lockdown is disrupting the supply chain and production of components, equipment, and systems, as well as the supply of raw materials for manufacturing components used in a mobile substation. The limited production activities andreduced demand from end-useindustries arerestraining the overall market revenue for the emergency mobile substation market, resulting in a decline in the market growth during the coming few years.

Lucrative Regions of Emergency Mobile Substation Market

Lucrative Regions of Emergency Mobile Substation Market

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Market Insights–Emergency Mobile Substation Market

Rising Need for Instantaneous Power during Emergencies

The growing demand for the emergency mobile substation is attributed to factors such as the convenience of transportation, efficient backup provision, cost-effectiveness,and flexibility. These substations can easily be ported from one place to another; therefore,their use in construction and military sectors is increasing. Further, emergency mobile substations are widely deployed in diverse sectors as theseprovide efficient transmission anddistribution of power across the grid. The deployment of these substations provides semipermanent or even permanent installation in specific applications such as construction and utilties,which isdriving the growth of the emergency mobile substations market.

Component SegmentInsights

Based on component, the emergency mobile substation market is dominated by the switchgear segment.There are various system designs available in the market for portable substations. High voltage and low voltage switchgears are deployed in the emergency mobile substations.

Emergency Mobile Substation Market, by Application(% share)

Emergency Mobile Substation Market, by Application(% share)

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Application SegmentInsights

Based on application, the emergency mobile substation market is dominated by the utilities segment. Emergency mobile substations provide temporary power supplies and interim grid connections. These substations are incrementally finding applications during planned or emergency outage of power supply and in the integration of renewable or distributed generation.

Strategic Insights

Report Coverage - Emergency Mobile Substation Market
Report CoverageDetails
Market Size Value inUS$ 910.00 Million in 2019
Market Size Value byUS$ 1,465.34 Million by 2027
Growth rateCAGR of 6.3% from 2020-2027
Forecast Period2020-2027
Base Year2020
No. of Pages154
No. of Tables83
No. of Charts & Figures74
Historical data availableYes
Segments coveredComponent and Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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The players operating in the emergency mobile substation market focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

  • In October 2020, ABB assisted Tan Thang Cement to complete installation of ABB’s ability digital solutions at the new cement plant in Vietnam. The company along with digital solutions has offered 110kV air-insulated substation, SCADA system based on ABB Ability System 800xA for power control, and telecommunications and high-voltage primary andsecondary equipment to support electrical infrastructure.
  • In February 2019, Con Edison announced that it is ready to install and operate a power substation by using Siemen’s mobile substation. The company stated that the deployment of mobile substations will assist Con Edison to expand resilience by lowering effect of power outages in unexpected events andextreme weather. Out of six substations, Siemens had delivered four substations to Con Edison.
  • In December 2019, Elektroprivreda Srbije (EPS) received the four largest mobile substations manufactured by ABB. The company has produced this at their plant in Italy with €1.4 million of EU donation.

The global emergency mobile substation market has been segmented as follows:

Emergency Mobile Substation Market– by Component

  • Switchgear
  • Transformer
  • Surge Arresters
  • Others


Emergency Mobile Substation Market– byApplication

  • Utilities
  • Industrial
    • Oil & Gas
    • Metals & Mining
    • Others


Emergency Mobile Substation Market- by Region

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • MEA

    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
  • SAM

    • Brazil
    • Argentina
    • Rest of SAM

Emergency Mobile Substation Market –Companies Profiles

  • AZZ Inc.
  • Eaton Corporation PLC
  • General Electric Company
  • Siemens AG
  • MEIDENSHA CORPORATION
  • NARI Group Corporation
  • Powell Industries, Inc.
  • TGOOD Global Ltd.
  • WEG Electric Corp.

Frequently Asked Questions

Presently, Europe held the largest share of the global emergency mobile substation market. Germany, Russia, France, the UK, and Italy are among the major economies in Europe, and these countries are known for large-scale industrialization and urbanization. Thus, they are inclined toward adopting advanced solutions that boost the productivity of various industrial and urban processes. European countries are concentrated with prominent industries, such as food & beverages, automobiles, aerospace, chemicals, pharmaceuticals, and semiconductors, which, demand for emergency mobile substations in the region for significant power recovery if any electric grid risks occur.
Remote area electrification in developing and underdeveloped regions is expected to create growth avenues for emergency mobile substation market. There are multiple World Bank Group projects running to explore means to provide modern energy services to the billions of people who do not have access to energy in developing countries. The lack of power hampers the social and economic development of these areas. Mobile substation with advantages such as easy installation, portability, flexibility, affordable cost, and compatibility with multiple fuel sources present a solution for remote and rural area electrification and during disasters. This factor is anticipated to fuel the market growth.
The industrial applications cover various industries including oil & gas, metals & mining, and others. Optimal usage of electric power and consistent power supply are crucial for the operations in the process industries. The companies operating in the mobile emergency substation market are aiming to offer exceptional power quality and storage system to ensure reliable power supply and aid in continual operations in the industrial sector.

The List of Companies - Emergency Mobile Substation Market

  1. AZZ Inc.
  2. Eaton Corporation PLC
  3. General Electric Company
  4. Siemens AG
  5. MEIDENSHA CORPORATION
  6. NARI Group Corporation
  7. Powell Industries, Inc.
  8. TGOOD Global Ltd.
  9. WEG Electric Corp.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global emergency mobile substation market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global emergency mobile substation market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth India market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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