Unitised Substation Market Key Players Analysis 2031
The unitised substation is to put the transformer body, high voltage load switch, fuse and high and low voltage connection in a common closed oil tank, and use transformer oil as the insulating medium between the phases and the ground of the live part. The growth prospects in construction industry is propelling the demand for unitised substation. In addition, the growing adoption of unitised substation at public utility and shopping centers are fueling the market dynamics over the projected period.
MARKET SCOPE
The "Global Unitised Substation Market Analysis to 2031" is a specialized and in-depth study of the power substation with a special focus on the global market trend analysis. The report aims to provide an overview of the power substation market with detailed market segmentation by type, application and geography. The report provides key statistics on the market status of the leading unitised substation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type the market is segmented into oil immersed transformer, dry type transformer
- On the basis application, the market is segmented as construction site, IT industry, public utility, shopping center, others
Drivers:
- Growing expansion of construction industry
- Increasing demand from shopping centers and public utilities
- High cost of installation restraints the market growth
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The unitised substation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the unitised substation market in these regions.
IMPACT OF COVID-19 ON UNITISED SUBSTATION MARKET
The emergence of the COVID-19 has severely impacted the power industries, which resulted decline in the demand for unitised substation plant in the year 2021. The outbreak of the pandemic led to demand-supply gap, shutdown of several manufacturing industries across the globe, which in turn, caused disruptions in raw material procurement and further led to price volatility. The withdrawal of upcoming investments and hold on for ongoing power projects has directly influenced the market growth. In addition, governments across the world were compelled to reduce the business activities in response to minimize the threat of coronavirus. Owing the decline in the business activities has further negatively impacted power demand across various industries. The limited availability of spares and manpower for maintenance due to the pandemic is a major problem that affects the market growth. Furthermore, project delays and cancellation of orders has affected the market dynamics over the pandemic recovery period. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the pandemic recovery period. The growth prospects in construction industry along with rise in investment for shopping centers during the pandemic recovery period is aiding the market dynamics over the forecast period.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The unitised substation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the unitised substation market in these regions.
IMPACT OF COVID-19 ON UNITISED SUBSTATION MARKET
The emergence of the COVID-19 has severely impacted the power industries, which resulted decline in the demand for unitised substation plant in the year 2021. The outbreak of the pandemic led to demand-supply gap, shutdown of several manufacturing industries across the globe, which in turn, caused disruptions in raw material procurement and further led to price volatility. The withdrawal of upcoming investments and hold on for ongoing power projects has directly influenced the market growth. In addition, governments across the world were compelled to reduce the business activities in response to minimize the threat of coronavirus. Owing the decline in the business activities has further negatively impacted power demand across various industries. The limited availability of spares and manpower for maintenance due to the pandemic is a major problem that affects the market growth. Furthermore, project delays and cancellation of orders has affected the market dynamics over the pandemic recovery period. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the pandemic recovery period. The growth prospects in construction industry along with rise in investment for shopping centers during the pandemic recovery period is aiding the market dynamics over the forecast period.
MARKET PLAYERS
The report covers key developments in the unitised substation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the unitised substation market are anticipated to provide lucrative growth opportunities in the future owing growing demand from IT industry.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the unitised substation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB
- Siemens
- Schneider Electric
- Telawne Power Equipments Private Limited.
- Kirloskar Electric
- Voltamp Transformers
- Intrans Electro Components P Ltd
- SAFVOLT
- Marsons Limited
- Tesla Transformers Global Private Limited
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Unitised Substation Market - By Type
1.3.2 Unitised Substation Market - By Application
1.3.3 Unitised Substation Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. UNITISED SUBSTATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. UNITISED SUBSTATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. UNITISED SUBSTATION MARKET - GLOBAL MARKET ANALYSIS
6.1. UNITISED SUBSTATION - GLOBAL MARKET OVERVIEW
6.2. UNITISED SUBSTATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. UNITISED SUBSTATION MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OIL IMMERSED TRANSFORMER
7.3.1. Overview
7.3.2. Oil Immersed Transformer Market Forecast and Analysis
7.4. DRY TYPE TRANSFORMER
7.4.1. Overview
7.4.2. Dry Type Transformer Market Forecast and Analysis
8. UNITISED SUBSTATION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSTRUCTION SITE
8.3.1. Overview
8.3.2. Construction Site Market Forecast and Analysis
8.4. IT INDUSTRY
8.4.1. Overview
8.4.2. IT Industry Market Forecast and Analysis
8.5. PUBLIC UTILITY
8.5.1. Overview
8.5.2. Public Utility Market Forecast and Analysis
8.6. SHOPPING CENTER
8.6.1. Overview
8.6.2. Shopping Center Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. UNITISED SUBSTATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Unitised Substation Market Overview
9.1.2 North America Unitised Substation Market Forecasts and Analysis
9.1.3 North America Unitised Substation Market Forecasts and Analysis - By Type
9.1.4 North America Unitised Substation Market Forecasts and Analysis - By Application
9.1.5 North America Unitised Substation Market Forecasts and Analysis - By Countries
9.1.5.1 United States Unitised Substation Market
9.1.5.1.1 United States Unitised Substation Market by Type
9.1.5.1.2 United States Unitised Substation Market by Application
9.1.5.2 Canada Unitised Substation Market
9.1.5.2.1 Canada Unitised Substation Market by Type
9.1.5.2.2 Canada Unitised Substation Market by Application
9.1.5.3 Mexico Unitised Substation Market
9.1.5.3.1 Mexico Unitised Substation Market by Type
9.1.5.3.2 Mexico Unitised Substation Market by Application
9.2. EUROPE
9.2.1 Europe Unitised Substation Market Overview
9.2.2 Europe Unitised Substation Market Forecasts and Analysis
9.2.3 Europe Unitised Substation Market Forecasts and Analysis - By Type
9.2.4 Europe Unitised Substation Market Forecasts and Analysis - By Application
9.2.5 Europe Unitised Substation Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Unitised Substation Market
9.2.5.1.1 Germany Unitised Substation Market by Type
9.2.5.1.2 Germany Unitised Substation Market by Application
9.2.5.2 France Unitised Substation Market
9.2.5.2.1 France Unitised Substation Market by Type
9.2.5.2.2 France Unitised Substation Market by Application
9.2.5.3 Italy Unitised Substation Market
9.2.5.3.1 Italy Unitised Substation Market by Type
9.2.5.3.2 Italy Unitised Substation Market by Application
9.2.5.4 United Kingdom Unitised Substation Market
9.2.5.4.1 United Kingdom Unitised Substation Market by Type
9.2.5.4.2 United Kingdom Unitised Substation Market by Application
9.2.5.5 Russia Unitised Substation Market
9.2.5.5.1 Russia Unitised Substation Market by Type
9.2.5.5.2 Russia Unitised Substation Market by Application
9.2.5.6 Rest of Europe Unitised Substation Market
9.2.5.6.1 Rest of Europe Unitised Substation Market by Type
9.2.5.6.2 Rest of Europe Unitised Substation Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Unitised Substation Market Overview
9.3.2 Asia-Pacific Unitised Substation Market Forecasts and Analysis
9.3.3 Asia-Pacific Unitised Substation Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Unitised Substation Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Unitised Substation Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Unitised Substation Market
9.3.5.1.1 Australia Unitised Substation Market by Type
9.3.5.1.2 Australia Unitised Substation Market by Application
9.3.5.2 China Unitised Substation Market
9.3.5.2.1 China Unitised Substation Market by Type
9.3.5.2.2 China Unitised Substation Market by Application
9.3.5.3 India Unitised Substation Market
9.3.5.3.1 India Unitised Substation Market by Type
9.3.5.3.2 India Unitised Substation Market by Application
9.3.5.4 Japan Unitised Substation Market
9.3.5.4.1 Japan Unitised Substation Market by Type
9.3.5.4.2 Japan Unitised Substation Market by Application
9.3.5.5 South Korea Unitised Substation Market
9.3.5.5.1 South Korea Unitised Substation Market by Type
9.3.5.5.2 South Korea Unitised Substation Market by Application
9.3.5.6 Rest of Asia-Pacific Unitised Substation Market
9.3.5.6.1 Rest of Asia-Pacific Unitised Substation Market by Type
9.3.5.6.2 Rest of Asia-Pacific Unitised Substation Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Unitised Substation Market Overview
9.4.2 Middle East and Africa Unitised Substation Market Forecasts and Analysis
9.4.3 Middle East and Africa Unitised Substation Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Unitised Substation Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Unitised Substation Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Unitised Substation Market
9.4.5.1.1 South Africa Unitised Substation Market by Type
9.4.5.1.2 South Africa Unitised Substation Market by Application
9.4.5.2 Saudi Arabia Unitised Substation Market
9.4.5.2.1 Saudi Arabia Unitised Substation Market by Type
9.4.5.2.2 Saudi Arabia Unitised Substation Market by Application
9.4.5.3 U.A.E Unitised Substation Market
9.4.5.3.1 U.A.E Unitised Substation Market by Type
9.4.5.3.2 U.A.E Unitised Substation Market by Application
9.4.5.4 Rest of Middle East and Africa Unitised Substation Market
9.4.5.4.1 Rest of Middle East and Africa Unitised Substation Market by Type
9.4.5.4.2 Rest of Middle East and Africa Unitised Substation Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Unitised Substation Market Overview
9.5.2 South and Central America Unitised Substation Market Forecasts and Analysis
9.5.3 South and Central America Unitised Substation Market Forecasts and Analysis - By Type
9.5.4 South and Central America Unitised Substation Market Forecasts and Analysis - By Application
9.5.5 South and Central America Unitised Substation Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Unitised Substation Market
9.5.5.1.1 Brazil Unitised Substation Market by Type
9.5.5.1.2 Brazil Unitised Substation Market by Application
9.5.5.2 Argentina Unitised Substation Market
9.5.5.2.1 Argentina Unitised Substation Market by Type
9.5.5.2.2 Argentina Unitised Substation Market by Application
9.5.5.3 Rest of South and Central America Unitised Substation Market
9.5.5.3.1 Rest of South and Central America Unitised Substation Market by Type
9.5.5.3.2 Rest of South and Central America Unitised Substation Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. UNITISED SUBSTATION MARKET, KEY COMPANY PROFILES
11.1. ABB
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SIEMENS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SCHNEIDER ELECTRIC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. TELAWNE POWER EQUIPMENTS PRIVATE LIMITED.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KIRLOSKAR ELECTRIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. VOLTAMP TRANSFORMERS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. INTRANS ELECTRO COMPONENTS P LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAFVOLT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MARSONS LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TESLA TRANSFORMERS GLOBAL PRIVATE LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.ABB
2.Siemens
3.Schneider Electric
4.Telawne Power Equipments Private Limited.
5.Kirloskar Electric
6.Voltamp Transformers
7.Intrans Electro Components P Ltd
8.SAFVOLT
9.Marsons Limited
10.Tesla Transformers Global Private Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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