The Data Center Substation Market size is projected to reach a CAGR of 5.1% from 2022 to 2028.
A substation is a structure in the power network where transmission routes and distribution feeders are connected via circuit breakers or switches by busbars. This allows controlling the power flow across the network and general switching procedures for maintenance purposes. These enclosed zones mainly step up or step down the voltage in transmission lines to a particular level suitable for the distribution system.
Data Center Substation Market Size, Share & Trends Analysis Report by Component, By Voltage Type (33kV - 110kV, 110kV - 220kV, 220kV - 500kV, Above 500kV), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) and More
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Key Players of Data Center Substation Market
· Eaton
· General Electric
· Hitachi ABB Powergrids Inc.
· NEI Electric Power Engineering, Inc.
· NR Electric Co., Ltd.
· S&C Electric Company
· Tesco Automation Inc.
· Hyosung Heavy Industries
· Schneider Electric
· Siemens Energy and More
The growing demand for interrupted and smooth transmission and distribution of electricity to power data center facilities is the major factor that has supported long-term expansion for Data Center Substation Market.
Regional Analysis of Data Center Substation Market
North America emerged as a market leader, owing to the presence of major players such as Eaton and General Electric. The regional growth is mainly led by the U.S., as the country has demonstrated continuous growth in data center construction activities.
Recent Developments of Data Center Substation Market
March 2020, ABB introduced a purpose-built substation to offer tailored solutions to the rapidly growing data center industry.
In March 2018, Sterling & Wilson consolidated its subsidiaries and integrated its Mechanical, Electrical, and Plumbing business into the Shapoorji Pallonji Group.
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Data Center Substation Market is segmented into component outlook, voltage type and region.
On the basis of Component Outlook
· Transformers
· Switchgears
· Relays
· Capacitors
· Busbars
· Surge Arrestors
On the basis of Voltage Type
· 33 kV - 110 kV
· 110 kV - 220 kV
· 220 kV - 500 kV
· Above 500 kV
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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