A new market report titled “Packaged Substation Market by voltage Split (below 36kV and above 36kV to 150kV), by Application (Industrial, Infrastructure, and Power Utilities & Generation) and by Region - Global Trends and Forecasts to 2019” has been made available by Markets and Markets.
According to the report, the power sector offers a promising future to the global packaged substation market with growing demands for electricity, following increasing urbanization and industrialization in the developed as well as developing nations.
The report describes the competitive landscape of major market players and includes discussion on new product developments, mergers and acquisition, facility expansion, agreements and collaborations, and contracts.
This study also provides a comprehensive review of the major market drivers, restraints, opportunities, winning imperatives, and key burning issues in the packaged substation market.
The leading players in the packaged substation market profiled in the report include ABB, Schneider Electric, Eaton Corporation, GE and Siemens.
Source: Markets and Markets