The North America Data Center Substation Market would witness market growth of 4.1% CAGR during the forecast period (2021-2027).
The growth of the Data Center Substation market is expected to increase due to the rising demand for uninterrupted and seamless transmission and distribution of electricity to power data center facilities. A substation is a power network structure that connects transmission lines and distribution feeders with circuit breakers or switches and busbars. This enables the network's power flow to be controlled, as well as general switching procedures for maintenance. The voltage in transmission lines is mostly stepped up or down in these confined zones to a certain level suited for the distribution system. The rapid development in the volume of organized and unstructured data, as well as the growing demand for cloud computing, are likely to drive market expansion and, as a result, demand for efficient and dependable substations.
The quantity and variety of structured, semi-structured, and unstructured data in public and private networks has increased due to the exponential rise in internet consumption, the development of high-end software and application systems, and the rise in the number of several connected devices, like smartphones, laptops, tablets, and computers. As a result, corporations use modern storage and processing technologies to store and process enormous amounts of data, necessitating the use of a sophisticated data center.
Data center infrastructure solutions have continued to expand in popularity in the United States. Modular data center investments in tier-2 cities are boosting the growth of the data center power market by increasing data center capacity, particularly for local customers. During the coronavirus pandemic, "online life" became the new normal, forcing many enterprises to rely on digital platforms to continue their activities remotely. This new shift increased the strain on data center service and equipment suppliers to maintain pace with the significantly increased data volume.
The United States has undertaken several initiatives to upgrade its infrastructure. The US Army planned to spend up to USD 249 million on private cloud computing services and data centers to achieve this goal. The Army Private Cloud contract, which would offer cloud computing services to consolidate data centers utilising a secure private cloud, has been awarded to General Dynamics, HP, and Northrop Grumman.
The US market dominated the North America Data Center Substation Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,205.4 million by 2027. The Canada market is estimated to grow at a CAGR of 6.4% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 5.5% during (2021 - 2027).
Based on Component, the market is segmented into Switchgears (Gas Insulated and Air Insulated), Transformers, Relays, Capacitors, Busbars, and Surge Arrestors. Based on Voltage Type, the market is segmented into Above 500 kV, 220 kV - 500 kV, 110 kV - 220 kV, and 33 kV - 110 kV. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Data Center Substation Market is Estimated to reach $12.8 Billion by 2027, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include S&C Electric Company, NR Electric Co., Ltd., NEI Electric Power Engineering, Inc., Tesco Automation, Inc., General Electric (GE) Co., Schneider Electric SE, Siemens AG, Hitachi, Ltd., Eaton Corporation PLC, and Hyosung Heavy Industries Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Switchgears
- Gas Insulated
- Air Insulated
- Transformers
- Relays
- Capacitors
- Busbars
- Surge Arrestors
By Voltage Type
- Above 500 kV
- 220 kV - 500 kV
- 110 kV - 220 kV
- 33 kV - 110 kV
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- S&C Electric Company
- NR Electric Co., Ltd.
- NEI Electric Power Engineering, Inc.
- Tesco Automation, Inc.
- General Electric (GE) Co.
- Schneider Electric SE
- Siemens AG
- Hitachi, Ltd.
- Eaton Corporation PLC
- Hyosung Heavy Industries Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Data Center Substation Market, by Component
1.4.2 North America Data Center Substation Market, by Voltage Type
1.4.3 North America Data Center Substation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2017, Jul – 2021, Dec) Leading Players
Chapter 4. North America Data Center Substation Market by Component
4.1 North America Switchgears Market by Country
4.2 North America Data Center Substation Market by Switchgears Type
4.2.1 North America Gas Insulated Market by Country
4.2.2 North America Air Insulated Market by Country
4.3 North America Transformers Market by Country
4.4 North America Relays Market by Country
4.5 North America Capacitors Market by Country
4.6 North America Busbars Market by Country
4.7 North America Surge Arrestors Market by Country
Chapter 5. North America Data Center Substation Market by Voltage Type
5.1 North America Above 500 kV Market by Country
5.2 North America 220 kV - 500 kV Market by Country
5.3 North America 110 kV - 220 kV Market by Country
5.4 North America 33 kV - 110 kV Market by Country
Chapter 6. North America Data Center Substation Market by Country
6.1 US Data Center Substation Market
6.1.1 US Data Center Substation Market by Component
6.1.1.1 US Data Center Substation Market by Switchgears Type
6.1.2 US Data Center Substation Market by Voltage Type
6.2 Canada Data Center Substation Market
6.2.1 Canada Data Center Substation Market by Component
6.2.1.1 Canada Data Center Substation Market by Switchgears Type
6.2.2 Canada Data Center Substation Market by Voltage Type
6.3 Mexico Data Center Substation Market
6.3.1 Mexico Data Center Substation Market by Component
6.3.1.1 Mexico Data Center Substation Market by Switchgears Type
6.3.2 Mexico Data Center Substation Market by Voltage Type
6.4 Rest of North America Data Center Substation Market
6.4.1 Rest of North America Data Center Substation Market by Component
6.4.1.1 Rest of North America Data Center Substation Market by Switchgears Type
6.4.2 Rest of North America Data Center Substation Market by Voltage Type
Chapter 7. Company Profiles
7.1 S&C Electric Company
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.2 NR Electric Co., Ltd. (NARI Technology Development Limited Co.)
7.2.1 Company Overview
7.3 NEI Electric Power Engineering, Inc.
7.3.1 Company Overview
7.4 Tesco Automation, Inc.
7.4.1 Company Overview
7.5 General Electric (GE) Co.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Geographical Expansions:
7.6 Schneider Electric SE
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental And Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 Siemens AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.5.3 Acquisition and Mergers:
7.7.6 SWOT Analysis
7.8 Hitachi, Ltd. (Hitachi Energy Ltd.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Eaton Corporation PLC
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.5.2 Acquisition and Mergers:
7.10. Hyosung Heavy Industries Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expense
7.10.4 Recent strategies and developments:
7.10.4.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Data Center Substation Market, 2017 - 2020, USD Million
TABLE 2 North America Data Center Substation Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Data Center Substation Market
TABLE 4 Product Launches And Product Expansions – Data Center Substation Market
TABLE 5 Acquisition and Mergers – Data Center Substation Market
TABLE 6 Geographical Expansions – Data Center Substation Market
TABLE 7 North America Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 8 North America Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 9 North America Switchgears Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Switchgears Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 12 North America Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 13 North America Gas Insulated Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Gas Insulated Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Air Insulated Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Air Insulated Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Transformers Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Transformers Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Relays Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Relays Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Capacitors Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Capacitors Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Busbars Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Busbars Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Surge Arrestors Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Surge Arrestors Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 28 North America Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 29 North America Above 500 kV Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Above 500 kV Market by Country, 2021 - 2027, USD Million
TABLE 31 North America 220 kV - 500 kV Market by Country, 2017 - 2020, USD Million
TABLE 32 North America 220 kV - 500 kV Market by Country, 2021 - 2027, USD Million
TABLE 33 North America 110 kV - 220 kV Market by Country, 2017 - 2020, USD Million
TABLE 34 North America 110 kV - 220 kV Market by Country, 2021 - 2027, USD Million
TABLE 35 North America 33 kV - 110 kV Market by Country, 2017 - 2020, USD Million
TABLE 36 North America 33 kV - 110 kV Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Data Center Substation Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Data Center Substation Market by Country, 2021 - 2027, USD Million
TABLE 39 US Data Center Substation Market, 2017 - 2020, USD Million
TABLE 40 US Data Center Substation Market, 2021 - 2027, USD Million
TABLE 41 US Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 42 US Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 43 US Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 44 US Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 45 US Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 46 US Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 47 Canada Data Center Substation Market, 2017 - 2020, USD Million
TABLE 48 Canada Data Center Substation Market, 2021 - 2027, USD Million
TABLE 49 Canada Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 50 Canada Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 51 Canada Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 52 Canada Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 53 Canada Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 54 Canada Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 55 Mexico Data Center Substation Market, 2017 - 2020, USD Million
TABLE 56 Mexico Data Center Substation Market, 2021 - 2027, USD Million
TABLE 57 Mexico Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 58 Mexico Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 59 Mexico Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 60 Mexico Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 61 Mexico Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 62 Mexico Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 63 Rest of North America Data Center Substation Market, 2017 - 2020, USD Million
TABLE 64 Rest of North America Data Center Substation Market, 2021 - 2027, USD Million
TABLE 65 Rest of North America Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 66 Rest of North America Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 67 Rest of North America Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 68 Rest of North America Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 69 Rest of North America Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 70 Rest of North America Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 71 Key information – S&C Electric Company
TABLE 72 Key information – NR Electric Co., Ltd.
TABLE 73 Key information – NEI Electric Power Engineering, Inc.
TABLE 74 Key information – Tesco Automation, Inc.
TABLE 75 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 76 Key information – Schneider Electric SE
TABLE 77 Key Information – Siemens AG
TABLE 78 Key Information – Hitachi, Ltd.
TABLE 79 key information – Eaton Corporation PLC
TABLE 80 Key Information – Hyosung Heavy Industries Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2017, Jul – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Schneider Electric SE
FIG 6 Swot analysis: Schneider Electric SE
FIG 7 Recent strategies and developments: Siemens AG
FIG 8 Swot analysis: Siemens AG
FIG 9 Recent strategies and developments: Eaton Corporation PLC