E-House Market Opportunities and Challenges
According to the new market research report "E-House
Market by Type (Fixed E House and Mobile Substation), Application
(Industrial (Metals & Mining and Oil & Gas), and Utilities), and Region
(Middle East & Africa, Americas, Europe, APAC) - Global Forecast to
2023", the e-house market is expected to grow from USD 1.09 Billion in
2018 to USD 1.51 Billion by 2023, at a CAGR of 6.75% between 2018 and 2023.
E-house is called by many names in the industry; electrical house,
prefabricated substation, compact power house, and modular substation are some
of them. Factors driving the growth of this market include the
cost-effectiveness, flexibility, and easy installation of e house. E-house can
be installed in a limited space with just a simple foundation and easily
relocated without difficulties.
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Mobile substation expected to hold larger share of
e-house market during forecast period
Mobile substation can be handy for emergency response as a
backup unit. It can also be useful in cases where the energy distribution needs
to be provided or reinstated in a short span of time. Mobile substation as a
backup for disaster response can ensure quick power supply and faster recovery
during an incident. Transportability, short startup and commissioning time,
reduced mechanical footprint, and no civil work requirement are some of the key
benefits which are expected to drive the growth of the mobile substation
segment of the global e-house market during the forecast period.
Market for utilities application expected to grow at
higher CAGR during forecast period
E-houses are used in both utilities and industrial
applications for varied benefits. Planned maintenance, disaster response, and
rapid expansion of transmission capacity are some use cases where e-houses have
delivered proven outcome for utilities applications. E-houses are used to
provide temporary power supply during unplanned repairs. Moreover, in the times
of planned maintenance, e-house can reduce or even eliminate the need for
extended electricity outages.
Many companies including Siemens, General Electric, Eaton,
Schneider Electric, and Meidensha Corporation provides e-houses to the utility
industry. For instance, in 2017, Siemens delivered two mobile substations for
National Grid SA, the transmission operator of Saudi Electricity Co. Siemens
will design two 380kV mobile substation with the transformer rating of 502 MVA
each. General Electric has supplied several mobile substations in the utility
sector, including Saudi Electricity Company from Saudi Arabia and E.ON SE
electric project in Spain.
E-house market in the Middle East & Africa to grow at
highest CAGR during forecast period
Middle East & Africa not only holds the largest market
share followed by the Americas, but is also expected to grow at the highest
rate during the forecast period. Rapid electrification in Africa, along with
the demand from metals & mining industry in the region is expected to drive
the growth of the global e-house market.
After the uncertain political environment in the Middle East
countries such as Iraq in recent years, the situation is improving, and the
governments are trying to put basic amenities in place. As a part of this, in
2017, the Ministry of Electricity in Iraq ordered 12 mobile substations for its
utilities. The increase in power supply leads to a need for new substations
which will overcome the power shortage issue in Iraq. In 2014, the ministry had
ordered 16 mobile substations from CG Power (India). These substations are
deployed throughout Iraq for utilities and industries to provide interim grid
connections and temporary power supplies. Angola, Mozambique, and Libya, among
others, are the countries with a significant demand for e-house.
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Key players in this market are Siemens (Germany), ABB
(Switzerland), Schneider Electric (France), Eaton (Ireland), General Electric
(US), CG Power (India), and Meidensha (Japan). Other companies covered in this
report are Electroinnova (Spain), WEG (Brazil), TGOOD (Hong Kong), Powell
Industries (US), Elgin Power Solutions (US), Matelec Group (Lebanon), Aktif
Group (Turkey), PME Power Solutions (India), EKOS Group (Turkey), Efacec
(Portugal), and Delta Star (US).
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