The Europe Data Center Substation Market would witness market growth of 4.7% CAGR during the forecast period (2021-2027).
The market for digital substations is likely to rise in the coming years as their usage grows. Maintenance costs are reduced, asset life is extended, and the environmental imprint is reduced using digital substations. Fiber optic cables are used to connect control panels in these substations, which eliminates the requirement for copper control cables, lowering installation costs as well as decommissioning and recycling costs. Moreover, the growth of the market is likely to be aided by a growing focus on replacing ageing electrical substation infrastructure with updated, high-quality, smart, and digital systems.
A substation is a power network component that connects distribution feeders and transmission channels using switches or circuit breakers. The enclosed zones dramatically ramp up or down transmission line voltage to a preset level suitable for the distribution system. The functionality of these data center substations and increased energy consumption for infrastructure rehabilitation would act as the growth catalysts for the industry during the forecasting period.
The region has seen tremendous growth as a result of increased spending on efficient power infrastructure, which is causing old, out-of-date data centers to be replaced with newer facilities. Data centers in Europe would consume 259 TWh of electricity by 2020, per the European Commission, accounting for 1.7 percent of global energy consumption. The market is predicted to produce 30 times more data in the next 10 years, with an increase in the number of servers, resulting in increasing energy usage.
Data centers have been regarded by many European governments as one of the fastest-growing sectors in terms of energy usage. The cost of electricity in Europe is also rising, affecting three data center business models, per the British Computer Society's Data Center Specialist Group.
The Germany market dominated the Europe Data Center Substation Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $798.8 million by 2027. The UK market is poised to grow at a CAGR of 3.9% during (2021 - 2027). Additionally, The France market would witness 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Data Center Substation Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Data Center Substation Market, by Component
1.4.2 Europe Data Center Substation Market, by Voltage Type
1.4.3 Europe 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. Europe Data Center Substation Market by Component
4.1 Europe Switchgears Market by Country
4.2 Europe Data Center Substation Market by Switchgears Type
4.2.1 Europe Gas Insulated Market by Country
4.2.2 Europe Air Insulated Market by Country
4.3 Europe Transformers Market by Country
4.4 Europe Relays Market by Country
4.5 Europe Capacitors Market by Country
4.6 Europe Busbars Market by Country
4.7 Europe Surge Arrestors Market by Country
Chapter 5. Europe Data Center Substation Market by Voltage Type
5.1 Europe Above 500 kV Market by Country
5.2 Europe 220 kV - 500 kV Market by Country
5.3 Europe 110 kV - 220 kV Market by Country
5.4 Europe 33 kV - 110 kV Market by Country
Chapter 6. Europe Data Center Substation Market by Country
6.1 Germany Data Center Substation Market
6.1.1 Germany Data Center Substation Market by Component
6.1.1.1 Germany Data Center Substation Market by Switchgears Type
6.1.2 Germany Data Center Substation Market by Voltage Type
6.2 UK Data Center Substation Market
6.2.1 UK Data Center Substation Market by Component
6.2.1.1 UK Data Center Substation Market by Switchgears Type
6.2.2 UK Data Center Substation Market by Voltage Type
6.3 France Data Center Substation Market
6.3.1 France Data Center Substation Market by Component
6.3.1.1 France Data Center Substation Market by Switchgears Type
6.3.2 France Data Center Substation Market by Voltage Type
6.4 Russia Data Center Substation Market
6.4.1 Russia Data Center Substation Market by Component
6.4.1.1 Russia Data Center Substation Market by Switchgears Type
6.4.2 Russia Data Center Substation Market by Voltage Type
6.5 Spain Data Center Substation Market
6.5.1 Spain Data Center Substation Market by Component
6.5.1.1 Spain Data Center Substation Market by Switchgears Type
6.5.2 Spain Data Center Substation Market by Voltage Type
6.6 Italy Data Center Substation Market
6.6.1 Italy Data Center Substation Market by Component
6.6.1.1 Italy Data Center Substation Market by Switchgears Type
6.6.2 Italy Data Center Substation Market by Voltage Type
6.7 Rest of Europe Data Center Substation Market
6.7.1 Rest of Europe Data Center Substation Market by Component
6.7.1.1 Rest of Europe Data Center Substation Market by Switchgears Type
6.7.2 Rest of Europe 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 Europe Data Center Substation Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 8 Europe Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 9 Europe Switchgears Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Switchgears Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 12 Europe Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 13 Europe Gas Insulated Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Gas Insulated Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Air Insulated Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Air Insulated Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Transformers Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Transformers Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Relays Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Relays Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Capacitors Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Capacitors Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Busbars Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Busbars Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Surge Arrestors Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Surge Arrestors Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 28 Europe Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 29 Europe Above 500 kV Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Above 500 kV Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe 220 kV - 500 kV Market by Country, 2017 - 2020, USD Million
TABLE 32 Europe 220 kV - 500 kV Market by Country, 2021 - 2027, USD Million
TABLE 33 Europe 110 kV - 220 kV Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe 110 kV - 220 kV Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe 33 kV - 110 kV Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe 33 kV - 110 kV Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Data Center Substation Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Data Center Substation Market by Country, 2021 - 2027, USD Million
TABLE 39 Germany Data Center Substation Market, 2017 - 2020, USD Million
TABLE 40 Germany Data Center Substation Market, 2021 - 2027, USD Million
TABLE 41 Germany Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 42 Germany Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 43 Germany Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 44 Germany Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 45 Germany Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 46 Germany Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 47 UK Data Center Substation Market, 2017 - 2020, USD Million
TABLE 48 UK Data Center Substation Market, 2021 - 2027, USD Million
TABLE 49 UK Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 50 UK Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 51 UK Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 52 UK Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 53 UK Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 54 UK Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 55 France Data Center Substation Market, 2017 - 2020, USD Million
TABLE 56 France Data Center Substation Market, 2021 - 2027, USD Million
TABLE 57 France Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 58 France Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 59 France Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 60 France Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 61 France Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 62 France Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 63 Russia Data Center Substation Market, 2017 - 2020, USD Million
TABLE 64 Russia Data Center Substation Market, 2021 - 2027, USD Million
TABLE 65 Russia Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 66 Russia Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 67 Russia Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 68 Russia Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 69 Russia Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 70 Russia Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 71 Spain Data Center Substation Market, 2017 - 2020, USD Million
TABLE 72 Spain Data Center Substation Market, 2021 - 2027, USD Million
TABLE 73 Spain Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 74 Spain Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 75 Spain Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 76 Spain Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 77 Spain Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 78 Spain Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 79 Italy Data Center Substation Market, 2017 - 2020, USD Million
TABLE 80 Italy Data Center Substation Market, 2021 - 2027, USD Million
TABLE 81 Italy Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 82 Italy Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 83 Italy Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 84 Italy Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 85 Italy Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 86 Italy Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 87 Rest of Europe Data Center Substation Market, 2017 - 2020, USD Million
TABLE 88 Rest of Europe Data Center Substation Market, 2021 - 2027, USD Million
TABLE 89 Rest of Europe Data Center Substation Market by Component, 2017 - 2020, USD Million
TABLE 90 Rest of Europe Data Center Substation Market by Component, 2021 - 2027, USD Million
TABLE 91 Rest of Europe Data Center Substation Market by Switchgears Type, 2017 - 2020, USD Million
TABLE 92 Rest of Europe Data Center Substation Market by Switchgears Type, 2021 - 2027, USD Million
TABLE 93 Rest of Europe Data Center Substation Market by Voltage Type, 2017 - 2020, USD Million
TABLE 94 Rest of Europe Data Center Substation Market by Voltage Type, 2021 - 2027, USD Million
TABLE 95 Key information – S&C Electric Company
TABLE 96 Key information – NR Electric Co., Ltd.
TABLE 97 Key information – NEI Electric Power Engineering, Inc.
TABLE 98 Key information – Tesco Automation, Inc.
TABLE 99 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 100 Key information – Schneider Electric SE
TABLE 101 Key Information – Siemens AG
TABLE 102 Key Information – Hitachi, Ltd.
TABLE 103 key information – Eaton Corporation PLC
TABLE 104 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