Data Center Substation Market (By Component: Transformers, Switchgears, Relays, Capacitors, Busbars, Surge Arrestors; By Voltage Type: 33 kV - 110 kV, 110 kV - 220 kV, 220 kV - 500 kV, Above 500 kV) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 20212030

The global data center substation market size is expected to be worth around US$ 20.8 billion by 2030, according to a new report by Vision Research Reports.

The global data center substation market size was valued at US$ 12.02 billion in 2020 and is anticipated to grow at a CAGR of 7.7% during forecast period 2021 to 2030.

Report Coverage

Growth Factors

 The rising demand for electrical power systems that are smart, automated, and can help reduce the carbon footprint serves as a catalyst for advancements in the market. Substations with Gas Insulated Switchgear (GIS) are unrivaled in terms of reliability, compactness, efficiency, safety, and providing maximum power availability. Their low maintenance and robust design help minimize the substation footprint. 

The growing demand for interrupted and smooth transmission and distribution of electricity to power data center facilities is anticipated to drive the growth of the market over the forecast period. A substation is a structure in the power network where transmission routes and distribution feeders are connected via circuit breakers or switches by busbars. 

By Component Analysis

The switchgear segment dominated for the largest market share of over 36.0% in 2020. Switchgear is one of the important substation components and is essentially used to withstand fluctuating operating voltage in extremely volatile environmental situations. The development of new industrial and commercial facilities, including data centers for safe and reliable operations, is also estimated to drive the segment growth. 

The transformer segment is anticipated to register a CAGR exceeding 5% over the forecast period. Transformers help in the widespread distribution of electric power in the data center facility. They are essential components within the substation as they assist in power transmission between networks without any changes in frequency and causing minimum loss.

By Voltage Type Analysis

Based on voltage type, the above 500kV segment recorded the highest market share of over 37.0% in 2020. The segment is expected to retain its dominance, expanding at a CAGR of 7.2% over the forecast period. A surge in demand for high voltage substations played a pivotal role in the market growth. 

High and medium-voltage substations are likely to witness considerable growth in the coming years. The growth is mainly accredited to the rise in data center construction across developing economies. Substations with voltage rating 220kV - 500kV and above 500kV play a vital role in providing optimal power transmission and distribution for mission-critical facilities, such as data centers.

By Regional Analysis

North America emerged as a market leader and captured 39.0% of the global market share in 2020 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. 

Asia Pacific is expected to emerge as the fastest-growing regional market for data center substations with a CAGR of 7.6% over the forecast period. The increasing demand for data storage and cloud-based applications is contributing to the regional market growth.

Key Players 

• 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

Market Segmentation

• By Component

  • Transformers

  • Switchgears

    • Air Insulated

      • Circuit Breakers

      • Others

    • Gas Insulated

  • Relays

  • Capacitors

  • Busbars

  • Surge Arrestors

• By Voltage Type

  • 33 kV - 110 kV

  • 110 kV - 220 kV

  • 220 kV - 500 kV

  • Above 500 kV

• Region

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Netherlands

    • Ireland

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Middle East

  • Africa

The Data Center Substation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Data Center Substation market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Data Center Substation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Data Center Substation market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Data Center Substation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Data Center Substation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Data Center Substation by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Data Center Substation market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Data Center Substation market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Data Center Substation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Data Center Substation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Data Center Substation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Data Center Substation market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Data Center Substation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Data Center Substation market. These factors have benefited the growth of the global market for Data Center Substation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Data Center Substation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Data Center Substation are as follows:

• History Year: 2017-2020

• Base Year: 2021

• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.