Mobile Substation Market worth 1,136.9 Million USD by 2023
The mobile substation market is expected to grow from an estimated USD 789.3 Million in 2018 to USD 1,136.9 Million by 2023, at a CAGR of 7.57% between 2018 and 2023. Factors driving the growth of this market include the ease of transportation, flexibility, cost-effectiveness, and easy installation of mobile substations. Moreover, mobile substation is a trailer mounted power solution and can be installed in a limited space and can be easily relocated without difficulty. The mobile substation is a comprehensive solution that is designed, engineered, assembled on trailer, tested, in a factory and delivered on site for power distribution. Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownload.asp?id=1857695 Key players in this market, such as Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (US), CG Power (India), and MEIDENSHA (Japan) are focusing on inorganic strategies, such as contracts to enhance their product offerings and expand their businesses.
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