US Modular Substation Market Size study, by Voltage (11kV-33kV, 33kV-400kV, Above 400kV) by Insulation Type (Air, Gas) by Type (Skid/Trailer Mounted, Fixed) By Application (Power Utilities, Commercial, Industrial) Forecasts 2022-2032
US Modular Substation Market is valued approximately USD 3.14 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.57% over the forecast period 2024-2032. A modular substation is an electrical substation that is designed and built with modular components to facilitate installation, scalability, and configuration flexibility. Modular substations are prefabricated in factories before being delivered to the site for assembly, instead of being built piece by piece on-site. These substations are often made up of prefabricated modules for diverse functions including as transformers, switchgear, control systems, and protective equipment. Modular substations can be customized to fulfil unique power distribution requirements while still reaping the benefits of mass production and faster assembly processes. Also, advances in technology, such as digital substations and smart grid technologies, are influencing the design and functionality of modular substations. These advancements enable improved monitoring, control, and optimization of power distribution systems, driving the adoption of modular substations. Thus, this trend is anticipated to support US Modular Substation Market growth.
Moreover, the shift towards renewable energy sources such as wind and solar power requires the development of new transmission and distribution infrastructure. Modular substations can be quickly installed to support the integration of renewable energy into the grid, facilitating the transition towards cleaner energy sources. Also, many existing substations in the US are aging and require upgrades or replacement to ensure reliability and efficiency. Modular substations offer a cost-effective solution for modernizing the power infrastructure without the need for extensive downtime or construction. Additionally, with the growing population and industrialization, there's a continuous rise in the demand for electricity. Modular substations provide a flexible and efficient solution to meet this increasing demand by enabling quick deployment and expansion of power infrastructure. However, high costs, and availability of substitute are expected to hinder the market growth during the forecast period 2024-2032.
Major market player included in this report are:
General Electric Company
American Modular Power Stations
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Voltage
11kV-33kV
33kV-400kV
Above 400kV
By Insulation Type
Air
Gas
By Type
Skid/Trailer Mounted
Fixed
By Application
Power Utilities
Commercial
Industrial
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
Moreover, the shift towards renewable energy sources such as wind and solar power requires the development of new transmission and distribution infrastructure. Modular substations can be quickly installed to support the integration of renewable energy into the grid, facilitating the transition towards cleaner energy sources. Also, many existing substations in the US are aging and require upgrades or replacement to ensure reliability and efficiency. Modular substations offer a cost-effective solution for modernizing the power infrastructure without the need for extensive downtime or construction. Additionally, with the growing population and industrialization, there's a continuous rise in the demand for electricity. Modular substations provide a flexible and efficient solution to meet this increasing demand by enabling quick deployment and expansion of power infrastructure. However, high costs, and availability of substitute are expected to hinder the market growth during the forecast period 2024-2032.
Major market player included in this report are:
General Electric Company
American Modular Power Stations
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Voltage
11kV-33kV
33kV-400kV
Above 400kV
By Insulation Type
Air
Gas
By Type
Skid/Trailer Mounted
Fixed
By Application
Power Utilities
Commercial
Industrial
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. US MODULAR SUBSTATION MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. US Modular Substation Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
2.2.1. By Voltage
2.2.2. By Insulation Type
2.2.3. By Type
2.2.4. By Application
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion
CHAPTER 3. US MODULAR SUBSTATION MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. US MODULAR SUBSTATION MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY VOLTAGE 2022-2032
5.1. 11kV-33kV
5.2. 33kV-400kV
5.3. Above 400kV
CHAPTER 6. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY INSULATION TYPE 2022-2032
6.1. Air
6.2. Gas
CHAPTER 7. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY TYPE 2022-2032
7.1. Skid/Trailer Mounted
7.2. Fixed
CHAPTER 8. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
8.1. Power Utilities
8.2. Commercial
8.3. Industrial
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Company
9.1.2. Company
9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. General Electric Company
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Market Strategies
9.3.2. American Modular Power Stations
9.3.3. Company
9.3.4. Company
9.3.5. Company
9.3.6. Company
9.3.7. Company
9.3.8. Company
9.3.9. Company
9.3.10. Company
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. US Modular Substation Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
2.2.1. By Voltage
2.2.2. By Insulation Type
2.2.3. By Type
2.2.4. By Application
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion
CHAPTER 3. US MODULAR SUBSTATION MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. US MODULAR SUBSTATION MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY VOLTAGE 2022-2032
5.1. 11kV-33kV
5.2. 33kV-400kV
5.3. Above 400kV
CHAPTER 6. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY INSULATION TYPE 2022-2032
6.1. Air
6.2. Gas
CHAPTER 7. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY TYPE 2022-2032
7.1. Skid/Trailer Mounted
7.2. Fixed
CHAPTER 8. US MODULAR SUBSTATION MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
8.1. Power Utilities
8.2. Commercial
8.3. Industrial
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Company
9.1.2. Company
9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. General Electric Company
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Market Strategies
9.3.2. American Modular Power Stations
9.3.3. Company
9.3.4. Company
9.3.5. Company
9.3.6. Company
9.3.7. Company
9.3.8. Company
9.3.9. Company
9.3.10. Company
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
LIST OF TABLES
TABLE 1. US Modular Substation market, report scope
TABLE 2. Global Modular Substation market estimates & forecasts by Voltage 2022-2032 (USD Billion)
TABLE 3. Global Modular Substation market estimates & forecasts by Insulation Type 2022-2032 (USD Billion)
TABLE 4. Global Modular Substation market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 5. Global Modular Substation market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. U.S. Modular Substation market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. U.S. Modular Substation market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 13. U.S. Modular Substation market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 14. List of secondary sources, used in the study of US Modular Substation Market.
TABLE 15. List of primary sources, used in the study of US Modular Substation Market.
TABLE 16. Years considered for the study.
TABLE 17. Exchange rates considered.
TABLE 1. US Modular Substation market, report scope
TABLE 2. Global Modular Substation market estimates & forecasts by Voltage 2022-2032 (USD Billion)
TABLE 3. Global Modular Substation market estimates & forecasts by Insulation Type 2022-2032 (USD Billion)
TABLE 4. Global Modular Substation market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 5. Global Modular Substation market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. US Modular Substation market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. U.S. Modular Substation market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. U.S. Modular Substation market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 13. U.S. Modular Substation market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 14. List of secondary sources, used in the study of US Modular Substation Market.
TABLE 15. List of primary sources, used in the study of US Modular Substation Market.
TABLE 16. Years considered for the study.
TABLE 17. Exchange rates considered.
LIST OF FIGURES
FIG 1. US Modular Substation market, research methodology
FIG 2. US Modular Substation market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Modular Substation market, key trends 2023
FIG 5. US Modular Substation market, growth prospects 2022-2032
FIG 6. US Modular Substation market, porters 5 force model
FIG 7. US Modular Substation market, pestel analysis
FIG 8. US Modular Substation market, value chain analysis
FIG 9. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 10. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 11. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 12. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 13. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 14. US Modular Substation market, company market share analysis (2023)
FIG 1. US Modular Substation market, research methodology
FIG 2. US Modular Substation market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Modular Substation market, key trends 2023
FIG 5. US Modular Substation market, growth prospects 2022-2032
FIG 6. US Modular Substation market, porters 5 force model
FIG 7. US Modular Substation market, pestel analysis
FIG 8. US Modular Substation market, value chain analysis
FIG 9. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 10. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 11. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 12. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 13. US Modular Substation market by segment, 2022 & 2032 (USD Billion)
FIG 14. US Modular Substation market, company market share analysis (2023)
