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The global packaged substation market is projected to exhibit high growth on account of growing urbanization and rise in the number of upgrades on electrical infrastructure, influenced by increasing energy demand. The market is expected to be valued at $6.89 million globally in 2014. It is projected to grow at a CAGR of 10.19% during the forecast period.<br><br> Download PDF Brochure on http://www.marketsandmarkets.com/pdfdownload.asp?id=26109112 <br>
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Packaged Substation Market by voltage Split , Application and Region - Global Forecast to 2020 www.MarketsandMarkets.com
Packaged Substation Market by voltage Split (below 36kV and above 36kV to 150kV), by Application (Industrial, Infrastructure, and Power Utilities & Generation) and by Region - Global Trends and Forecasts to 2019 Packaged substation are mostly used in distribution networks to supply power to consumers. Major benefits associated with the use of this equipment are better voltage transformation, minimum space requirements, effective fault monitoring and control, lower losses as compared to, both aggregate technical & commercial, and remote access to information regarding supply and fault conditions. The global packaged substation market is projected to exhibit high growth on account of growing urbanization and rise in the number of upgrades on electrical infrastructure, influenced by increasing energy demand. The market is expected to be valued at $6.89 million globally in 2014. It is projected to grow at a CAGR of 10.19% during the forecast period. PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=26109112
Asia Pacific: The largest market for packaged substations The Asia-Pacific region holds the largest market for package substation, driven largely by the number of distribution network upgrades and developments in China, India, and the Southeast Asian countries. This growth is attributed to growing urbanization and industrial revolution in the region. Request for Customization : http://www.marketsandmarkets.com/requestCustomization.asp?id=26109112
Browse >> 97 market data tables 54 figures 165 pagesand in-depth TOC on “Packaged Substation Market ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150
Industries: Biggest market by application Uninterrupted power delivery to machines is paramount in all industries. Any interruption or breakdown can result in huge losses due to increased non-productive time. Packaged substations are used in industries to transform voltage, prevent damage to expensive instruments caused by overload and over-temperature, overcurrent, jams and undercurrent, high resistance winding faults, current and voltage unbalance, phase loss, and phase reverse. Packaged substations comprise advanced technologies such as integrated voltage transformation, equipment protection, metering, data logging, and remote communication. These advanced technologies transform voltage for industries and help to minimize loss and maximize efficiency. The packaged substation industry is fragmented and offers several opportunities for consolidation and growth in efficiency through an increase in economies of scale. The industry has low entry and exit barriers. This is a major driver of the packaged substation market. The top players of this market include ABB (Switzerland), Schnieder Electric SA (France), Eaton Corporation (Ireland), GE (U.S.), and Siemens AG (Germany). Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=26109112
Scope of the Report: • The global packaged substation market has been analyzed in terms of revenue ($million) for the following types, applications, and regions. • By Type • Below 36 kV • 36-150 kV • By Application • Industries • Infrastructure • Power • By Region • North America • Europe • Asia-Pacific • The Middle East • South & Central America • Africa • Speak to analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=26109112
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