A Mini Substation is actually a prefabricated electrical equipment unit consisting of medium-voltage and medium-voltage switching equipment, distribution transformers, low-voltage switchboards, connecting busbars and other accessories.Small substations, like conventional substations, only transformers are usually small (with lower kVA ratings), have fewer ways of using secondary distribution equipment (circuit breakers, switches, etc.), and may not be too complex to protect transformers and feeders as well as metering and other control systems.
Mini Substations Market contains market size and forecasts of Mini Substations in global, including the following market information:
- Global Mini Substations Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Mini Substations Market Sales, 2017-2022, 2023-2028, (K Units)
- Global top five Mini Substations companies in 2021 (%)
The global Mini Substations market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
- The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
- Fixed Segment to Reach $ Million by 2028, with a % CAGR in next six years.
- The global key manufacturers of Mini Substations include Power Transformers, Actom, Zest WEG Group, Kaltron Electrical, MaxiConcepts, Atlas Electric, GEC, SGB-SMIT and TransElectron, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
- We surveyed the Mini Substations manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mini Substations Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Mini Substations Market Segment Percentages, by Type, 2021 (%)
Global Mini Substations Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Mini Substations Market Segment Percentages, by Application, 2021 (%)
- Electric Power Company
- Residential
- Industrial
- Commercial
- Others
Global Mini Substations Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Mini Substations Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Mini Substations revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Mini Substations revenues share in global market, 2021 (%)
- Key companies Mini Substations sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Mini Substations sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Power Transformers
- Actom
- Zest WEG Group
- Kaltron Electrical
- MaxiConcepts
- Atlas Electric
- GEC
- SGB-SMIT
- TransElectron
- Aztec
- SGB-SMIT POWER MATLA
- Yuebian
- Boerstn