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Substation-Global Market Insights and Sales Trends 2025
Synopsis
A substation is a part of an electrical generation, transmission, and distribution system.
The global Substation market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Substation in various end use industries. The expanding demands from the Power, Industries and Infrastructure,, are propelling Substation market. Below 36 kV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 36-150 kV segment is estimated at % CAGR for the next seven-year period.
A substation may include transformers to change voltage levels between high transmission voltages and lower distribution voltages, or at the interconnection of two different transmission voltages.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Substation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Substation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Substation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Substation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Substation covered in this report include ABB, Schneider Electric, Siemens, General Electric, Eaton, Asia Electrical Power Equipment, Brilltech Engineers, C&S Electric and Crompton Greaves, etc.
The global Substation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Schneider Electric
Siemens
General Electric
Eaton
Asia Electrical Power Equipment
Brilltech Engineers
C&S Electric
Crompton Greaves
Kirloskar Electric
Larsen & Toubro
Littelfuse
Lucy Electric
PLVK Power Engineers & Consultants
Tgood Electric
Toshiba
Xiamen Qihong Machinery Electrical Equipment
Global Substation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Substation market, Segment by Type:
Below 36 kV
36-150 kV
Global Substation market, by Application
Power
Industries
Infrastructure
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Substation manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Substation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A substation is a part of an electrical generation, transmission, and distribution system.
The global Substation market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Substation in various end use industries. The expanding demands from the Power, Industries and Infrastructure,, are propelling Substation market. Below 36 kV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 36-150 kV segment is estimated at % CAGR for the next seven-year period.
A substation may include transformers to change voltage levels between high transmission voltages and lower distribution voltages, or at the interconnection of two different transmission voltages.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Substation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Substation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Substation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Substation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Substation covered in this report include ABB, Schneider Electric, Siemens, General Electric, Eaton, Asia Electrical Power Equipment, Brilltech Engineers, C&S Electric and Crompton Greaves, etc.
The global Substation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Schneider Electric
Siemens
General Electric
Eaton
Asia Electrical Power Equipment
Brilltech Engineers
C&S Electric
Crompton Greaves
Kirloskar Electric
Larsen & Toubro
Littelfuse
Lucy Electric
PLVK Power Engineers & Consultants
Tgood Electric
Toshiba
Xiamen Qihong Machinery Electrical Equipment
Global Substation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Substation market, Segment by Type:
Below 36 kV
36-150 kV
Global Substation market, by Application
Power
Industries
Infrastructure
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Substation manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Substation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Substation Market Overview
1.1 Substation Product Overview
1.2 Substation Market Segment by Type
1.2.1 Below 36 kV
1.2.2 36-150 kV
1.3 Global Substation Market Size by Type
1.3.1 Global Substation Market Size Overview by Type (2018-2029)
1.3.2 Global Substation Historic Market Size Review by Type (2018-2023)
1.3.3 Global Substation Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Substation Sales Breakdown by Type (2018-2023)
1.4.2 Europe Substation Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Substation Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Substation Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Substation Sales Breakdown by Type (2018-2023)
2 Global Substation Market Competition by Company
2.1 Global Top Players by Substation Sales (2018-2023)
2.2 Global Top Players by Substation Revenue (2018-2023)
2.3 Global Top Players by Substation Price (2018-2023)
2.4 Global Top Manufacturers Substation Manufacturing Base Distribution, Sales Area, Product Type
2.5 Substation Market Competitive Situation and Trends
2.5.1 Substation Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Substation Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Substation as of 2022)
2.7 Date of Key Manufacturers Enter into Substation Market
2.8 Key Manufacturers Substation Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Substation Status and Outlook by Region
3.1 Global Substation Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Substation Historic Market Size by Region
3.2.1 Global Substation Sales in Volume by Region (2018-2023)
3.2.2 Global Substation Sales in Value by Region (2018-2023)
3.2.3 Global Substation Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Substation Forecasted Market Size by Region
3.3.1 Global Substation Sales in Volume by Region (2024-2029)
3.3.2 Global Substation Sales in Value by Region (2024-2029)
3.3.3 Global Substation Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Substation by Application
4.1 Substation Market Segment by Application
4.1.1 Power
4.1.2 Industries
4.1.3 Infrastructure
4.2 Global Substation Market Size by Application
4.2.1 Global Substation Market Size Overview by Application (2018-2029)
4.2.2 Global Substation Historic Market Size Review by Application (2018-2023)
4.2.3 Global Substation Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Substation Sales Breakdown by Application (2018-2023)
4.3.2 Europe Substation Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Substation Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Substation Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Substation Sales Breakdown by Application (2018-2023)
5 North America Substation by Country
5.1 North America Substation Historic Market Size by Country
5.1.1 North America Substation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Substation Sales in Volume by Country (2018-2023)
5.1.3 North America Substation Sales in Value by Country (2018-2023)
5.2 North America Substation Forecasted Market Size by Country
5.2.1 North America Substation Sales in Volume by Country (2024-2029)
5.2.2 North America Substation Sales in Value by Country (2024-2029)
6 Europe Substation by Country
6.1 Europe Substation Historic Market Size by Country
6.1.1 Europe Substation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Substation Sales in Volume by Country (2018-2023)
6.1.3 Europe Substation Sales in Value by Country (2018-2023)
6.2 Europe Substation Forecasted Market Size by Country
6.2.1 Europe Substation Sales in Volume by Country (2024-2029)
6.2.2 Europe Substation Sales in Value by Country (2024-2029)
7 Asia-Pacific Substation by Region
7.1 Asia-Pacific Substation Historic Market Size by Region
7.1.1 Asia-Pacific Substation Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Substation Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Substation Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Substation Forecasted Market Size by Region
7.2.1 Asia-Pacific Substation Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Substation Sales in Value by Region (2024-2029)
8 Latin America Substation by Country
8.1 Latin America Substation Historic Market Size by Country
8.1.1 Latin America Substation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Substation Sales in Volume by Country (2018-2023)
8.1.3 Latin America Substation Sales in Value by Country (2018-2023)
8.2 Latin America Substation Forecasted Market Size by Country
8.2.1 Latin America Substation Sales in Volume by Country (2024-2029)
8.2.2 Latin America Substation Sales in Value by Country (2024-2029)
9 Middle East and Africa Substation by Country
9.1 Middle East and Africa Substation Historic Market Size by Country
9.1.1 Middle East and Africa Substation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Substation Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Substation Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Substation Forecasted Market Size by Country
9.2.1 Middle East and Africa Substation Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Substation Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Substation Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Substation Products Offered
10.1.5 ABB Recent Development
10.2 Schneider Electric
10.2.1 Schneider Electric Company Information
10.2.2 Schneider Electric Introduction and Business Overview
10.2.3 Schneider Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schneider Electric Substation Products Offered
10.2.5 Schneider Electric Recent Development
10.3 Siemens
10.3.1 Siemens Company Information
10.3.2 Siemens Introduction and Business Overview
10.3.3 Siemens Substation Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Siemens Substation Products Offered
10.3.5 Siemens Recent Development
10.4 General Electric
10.4.1 General Electric Company Information
10.4.2 General Electric Introduction and Business Overview
10.4.3 General Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.4.4 General Electric Substation Products Offered
10.4.5 General Electric Recent Development
10.5 Eaton
10.5.1 Eaton Company Information
10.5.2 Eaton Introduction and Business Overview
10.5.3 Eaton Substation Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eaton Substation Products Offered
10.5.5 Eaton Recent Development
10.6 Asia Electrical Power Equipment
10.6.1 Asia Electrical Power Equipment Company Information
10.6.2 Asia Electrical Power Equipment Introduction and Business Overview
10.6.3 Asia Electrical Power Equipment Substation Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Asia Electrical Power Equipment Substation Products Offered
10.6.5 Asia Electrical Power Equipment Recent Development
10.7 Brilltech Engineers
10.7.1 Brilltech Engineers Company Information
10.7.2 Brilltech Engineers Introduction and Business Overview
10.7.3 Brilltech Engineers Substation Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Brilltech Engineers Substation Products Offered
10.7.5 Brilltech Engineers Recent Development
10.8 C&S Electric
10.8.1 C&S Electric Company Information
10.8.2 C&S Electric Introduction and Business Overview
10.8.3 C&S Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.8.4 C&S Electric Substation Products Offered
10.8.5 C&S Electric Recent Development
10.9 Crompton Greaves
10.9.1 Crompton Greaves Company Information
10.9.2 Crompton Greaves Introduction and Business Overview
10.9.3 Crompton Greaves Substation Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Crompton Greaves Substation Products Offered
10.9.5 Crompton Greaves Recent Development
10.10 Kirloskar Electric
10.10.1 Kirloskar Electric Company Information
10.10.2 Kirloskar Electric Introduction and Business Overview
10.10.3 Kirloskar Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kirloskar Electric Substation Products Offered
10.10.5 Kirloskar Electric Recent Development
10.11 Larsen & Toubro
10.11.1 Larsen & Toubro Company Information
10.11.2 Larsen & Toubro Introduction and Business Overview
10.11.3 Larsen & Toubro Substation Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Larsen & Toubro Substation Products Offered
10.11.5 Larsen & Toubro Recent Development
10.12 Littelfuse
10.12.1 Littelfuse Company Information
10.12.2 Littelfuse Introduction and Business Overview
10.12.3 Littelfuse Substation Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Littelfuse Substation Products Offered
10.12.5 Littelfuse Recent Development
10.13 Lucy Electric
10.13.1 Lucy Electric Company Information
10.13.2 Lucy Electric Introduction and Business Overview
10.13.3 Lucy Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Lucy Electric Substation Products Offered
10.13.5 Lucy Electric Recent Development
10.14 PLVK Power Engineers & Consultants
10.14.1 PLVK Power Engineers & Consultants Company Information
10.14.2 PLVK Power Engineers & Consultants Introduction and Business Overview
10.14.3 PLVK Power Engineers & Consultants Substation Sales, Revenue and Gross Margin (2018-2023)
10.14.4 PLVK Power Engineers & Consultants Substation Products Offered
10.14.5 PLVK Power Engineers & Consultants Recent Development
10.15 Tgood Electric
10.15.1 Tgood Electric Company Information
10.15.2 Tgood Electric Introduction and Business Overview
10.15.3 Tgood Electric Substation Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Tgood Electric Substation Products Offered
10.15.5 Tgood Electric Recent Development
10.16 Toshiba
10.16.1 Toshiba Company Information
10.16.2 Toshiba Introduction and Business Overview
10.16.3 Toshiba Substation Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Toshiba Substation Products Offered
10.16.5 Toshiba Recent Development
10.17 Xiamen Qihong Machinery Electrical Equipment
10.17.1 Xiamen Qihong Machinery Electrical Equipment Company Information
10.17.2 Xiamen Qihong Machinery Electrical Equipment Introduction and Business Overview
10.17.3 Xiamen Qihong Machinery Electrical Equipment Substation Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Xiamen Qihong Machinery Electrical Equipment Substation Products Offered
10.17.5 Xiamen Qihong Machinery Electrical Equipment Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Substation Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Substation Industrial Chain Analysis
11.4 Substation Market Dynamics
11.4.1 Substation Industry Trends
11.4.2 Substation Market Drivers
11.4.3 Substation Market Challenges
11.4.4 Substation Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Substation Distributors
12.3 Substation Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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