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Data Center Substation market Growth at a CAGR of 7.7% from 2021 to 2030

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The worldwide Data Center Substation market measurement is anticipated to achieve USD 20.8 billion by 2030 and is anticipated to increase at a CAGR of 7.7% from 2021 to 2030.

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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.

Report Coverage

Report Scope Details
Market Size USD 20.8 billion by 2030
Growth Rate CAGR of 7.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Component, Voltage type
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Eaton; General Electric; Hitachi ABB Powergrids Inc.; Schneider Electric; Siemens Energy

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

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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

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Data Center Substation Market, By Component

7.1.  Data Center Substation Market, by Component, 2021-2030

7.1.1.    Transformers

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Switchgears

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Relays

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Capacitors

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Busbars

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Surge Arrestors

7.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Data Center Substation Market, By Voltage Type

8.1.  Data Center Substation Market, by Voltage Type, 2021-2030

8.1.1.    33 kV – 110 kV

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    110 kV – 220 kV

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    220 kV – 500 kV

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Above 500 kV

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Data Center Substation Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Component (2017-2030)

9.1.2.    Market Revenue and Forecast, by Voltage Type (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Component (2017-2030)

9.2.2.    Market Revenue and Forecast, by Voltage Type (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Component (2017-2030)

9.3.2.    Market Revenue and Forecast, by Voltage Type (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Component (2017-2030)

9.4.2.    Market Revenue and Forecast, by Voltage Type (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Component (2017-2030)

9.5.2.    Market Revenue and Forecast, by Voltage Type (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Voltage Type (2017-2030)

Chapter 10.  Company Profiles

10.1.              Eaton

10.1.1.  Company Overview

10.1.2.  Component Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              General Electric

10.2.1.  Company Overview

10.2.2.  Component Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Hitachi ABB Powergrids Inc.

10.3.1.  Company Overview

10.3.2.  Component Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              NEI Electric Power Engineering, Inc.

10.4.1.  Company Overview

10.4.2.  Component Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              NR Electric Co., Ltd.

10.5.1.  Company Overview

10.5.2.  Component Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              S&C Electric Company

10.6.1.  Company Overview

10.6.2.  Component Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Tesco Automation Inc.

10.7.1.  Company Overview

10.7.2.  Component Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Hyosung Heavy Industries

10.8.1.  Company Overview

10.8.2.  Component Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Schneider Electric

10.9.1.  Company Overview

10.9.2.  Component Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Siemens Energy

10.10.1.               Company Overview

10.10.2.               Component Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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