Data Centre Substation Market Introduction and Overview
According to SPER Market Research, the Global Data Centre Substation Market is estimated to reach USD 15.85 billion by 2033 with a CAGR of 5.8%.
The report includes an in-depth analysis of the Global Data Centre Substation Market, including market size and trends, product mix, applications, and supplier analysis. The substation connects to the data centre's electrical supply, which is often supplied by a public utility system. However, other dispersed power generation sources are also considered, such as fuel cells or solar panels. A substation is a section of the electrical network that has circuit breakers or switches connected to distribution feeders and transmission lines via busbars. This enables the general switching operations and power flow of the network to be regulated for maintenance. Raising or lowering transmission line voltage to a particular level suitable for the distribution system is the main purpose of these confined zones. The market is anticipated to grow during the course of the forecast period due to the rising demand for data centre facilities to have seamless and uninterrupted energy transmission and distribution.
- December 2021: UK Power Networks, an electricity distribution network operator serving London, the East of England, and South East England, partnered with GE Digital. Constellation, a world-first smart substation project designed to maximize distribution network use and accelerate the growth of renewable energy generation throughout the United Kingdom, is anticipated to be the main emphasis of this alliance.
- August 2021: Siemens Energy unveiled Sense Solution. According to the business, this new system is the first power transmission technology in the world with cloud connectivity and a dedicated suite of online applications. It makes it possible for substation data to be securely transmitted to the cloud, giving operators real-time access to assess, track, and support system functions.
Market Opportunities and Challenges
Data centres are becoming increasingly crucial components of the modern economy, encompassing servers of small businesses, data centres supporting major corporations, and vast server farms hosting cloud services for tech giants like Amazon, Facebook, and Google. This industry, constantly in pursuit of staying ahead of client IT roadmaps, has adapted to cater to diverse end users with distinct data centre needs due to a globally snowballing digital economy. The rising demand for big data analytics and cloud-based services, including online content like social media, movies, apps, and videos, fuels the need for ever-increasing data storage. Consequently, the market for data centre substations, essential for providing sufficient power supply, is expanding steadily. Furthermore, substantial investment opportunities lie in the renewable energy sector, offering data centres reliable and sustainable power sources while reducing operating costs and carbon footprints. Advancements in energy storage and battery technology, coupled with R&D investments in developing sustainable and effective power solutions, are all expected to contribute significantly to the market's growth throughout the forecast period.
There is potential for tremendous development in data centres moving to on-site electricity, but there are a few obstacles to overcome. The largest barrier for the majormn jjjjjblkity of businesses is the high initial cost of constructing on-site power generation. Many people are put off by the immediate cost and resource requirements of moving power, which comes with data centre substations. Changing fuel prices cast a shadow of uncertainty over long-term planning and management buy-in, adding to the pessimism. Further impeding the growth of the data centre substation market could be a shortage of skilled labour for system installation, operation, and maintenance.
Market Competitive Landscape
Given the fierce competition in the data centre substation sector, it should come as no surprise that market leaders Hitachi ABB PowerGrid Inc. and Siemens Energy are always vying for share. These businesses make significant investments in R&D to develop novel products that can meet the changing demands of data centres. In addition to the major players, a number of startups and small businesses are attempting to break into the market by providing specialized goods and services. The competition in the market is getting more intense as a result of these new competitors using technology to upend the status quo and carve out a place for themselves. Eaton, General Electric, Hitachi ABB PowerGrid Inc, Hyosung Heavy Industries, NEI Electric Power Engineering, Inc., NR Electric Co., Ltd., S&C Electric Company, Schneider Electric, Siemens Energy, Tesco Automation Inc. are some of the major companies involved in the global electrocardiograph (ECG) market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component, By Voltage.
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Eaton, General Electric, Hitachi ABB PowerGrid Inc, Hyosung Heavy Industries, NEI Electric Power Engineering, Inc., NR Electric Co., Ltd., S&C Electric Company, Schneider Electric, Siemens Energy, Tesco Automation Inc. |
COVID-19 Impact on Global Data Centre Substation Market
COVID-19 unexpectedly drove the data centre substation market amid initial difficulties. The pandemic first hindered manufacturing and reduced the need for electricity, but as a result of remote work and a greater reliance on digital solutions, data centre improvements and construction were prompted. The need for dependable and effective substations increased as a result, driving the data centre substation market. The market is expected to increase significantly in the upcoming years due to the growing demand for reliable data centre infrastructure, which is being driven by supply chains that are recovering and immunization campaigns that are in progress.
Key Target Audience
- Investors and Financial Institutions
- Government Agencies and regulatory Bodies
- Manufacturers of data centre substation equipment
- Consulting Firms and Engineering Companies
Our in-depth analysis of the Data Centre Substation Market includes the following segments:
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By Component:
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Busbars
Capacitors
Relays
Surge Arrestors
Switchgears
Air Insulated
Gas Insulated
Transformers
Others
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By Voltage:
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110 kV - 220 kV
220 kV - 500 kV
33 kV - 110 kV
Above 500 kV
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report
- Global Data Centre Substation Market Size (FY’2023-FY’2033)
- Overview of Global Data Centre Substation Market.
- Segmentation of Global Data Centre Substation Market By Component (Busbars, Capacitors, Relays, Surge Arrestors, Switchgears, Transformers and Others).
- Segmentation of Global Data Centre Substation Market By Voltage (33 kV - 110 kV, 110 kV - 220 kV, 220 kV - 500 kV and Above 500 kV).
- Statistical Snap of Global Data Centre Substation Market
- Expansion Analysis of Global Data Centre Substation Market
- Problems and Obstacles in Global Data Centre Substation Market
- Competitive Landscape in the Global Data Centre Substation Market
- Impact of COVID-19 and Demonetization on Global Data Centre Substation Market
- Details on Current Investment in Global Data Centre Substation Market
- Competitive Analysis of Global Data Centre Substation Market
- Prominent Players in the Global Data Centre Substation Market
- SWOT Analysis of Global Data Centre Substation Market
- Global Data Centre Substation Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts on the Global Data Centre Substation Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Data Centre Substation Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Data Centre Substation Market
7. Global Data Centre Substation Market, By Component (USD Million)
7.1. Global Data Centre Substation Market Value Share and Forecast, By Component, 2023-2033
7.2. Busbars
7.3. Capacitors
7.4. Relays
7.5. Surge Arrestors
7.6. Switchgears
7.6.1. Air Insulated
7.6.2. Gas Insulated
7.7. Transformers
7.8. Others
8. Global Data Centre Substation Market, By Voltage (USD Million)
8.1. Global Data Centre Substation Market Value Share and Forecast, By Voltage, 2023-2033
8.2. 110 kV - 220 kV
8.3. 220 kV - 500 kV
8.4. 33 kV - 110 kV
8.5. Above 500 kV
9. Global Data Centre Substation Market Forecast, 2019-2033 (USD Million)
9.1. Global Data Centre Substation Market Size and Market Share
10. Global Data Centre Substation Market, By Component 2019-2033 (USD Million)
10.1. Global Data Centre Substation Market Size and Market Share by Component (2019-2026)
10.2. Global Data Centre Substation Market Size and Market Share by component (2027-2033)
11. Global Data Centre Substation Market, By Voltage, 2019-2033 (USD Million)
11.1. Global Data Centre Substation Market Size and Market Share by Voltage (2019-2026)
11.2. Global Data Centre Substation Market Size and Market Share by Voltage (2027-2033)
12. Global Data Centre Substation Market, By Region, 2019-2033 (USD Million)
12.1. Global Data Centre Substation Market Size and Market Share by Region (2019-2026)
12.2. Global Data Centre Substation Market Size and Market Share by Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Eaton
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. General Electric
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Hitachi ABB PowerGrid Inc.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Hyosung Heavy Industries
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. NEI Electric Power Engineering, Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. NR Electric Co., Ltd.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. S&C Electric Company
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Schneider Electric
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Siemens Energy
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Tesco Automation Inc.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
