South & Central America E-House Market Forecast to 2028

South & Central America E-House Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Type (Fixed Substation and Mobile Substation), Component (Transformer, Bus Bar, Power Management System, Variable Frequency Drive, Switchgear, HVAC, and Others), and Application (Industrial and Utilities)

Report Code : BMIRE00027604 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 14/Dec/2022

The E-house market in South & Central America is expected to grow from US$ 41.21 million in 2022 to US$ 48.98 million by 2028. It is estimated to grow at a CAGR of 2.9% from 2022 to 2028.

Ease of Installation, Cost-Effectiveness, and Flexibility of E-House

E-houses are also known as electrical houses or integrated power assemblies. They are pre-assembled, walk-in modular outdoor enclosures that store low- and medium-voltage switchgear and various ancillary equipment such as utility-grade switchgear, paralleling switchgear, and custom controls. E-houses can be easily mounted on a skid/wheel and trailer; it takes only a few minutes to set up. Also, E-houses are sustainable alternatives to traditional on-site structures. A few major applications of E-houses are disaster response, rapid transmission capacity expansion, and temporary power supply for unplanned repairs. Other uses of E-houses involve grid coupling, balancing fossil and renewable energy sources at plants, and housings for electrical energy storage systems. Before the delivery process, fundamental components—such as bus bars, components, power management systems, and HVAC—are thoroughly monitored and tested, thus leading to a lower risk of failure at the work site. The entire procedure of installation and relocation of the E-house is simple and cost-effective because of its mobility. Adding to this, E-houses can be positioned near significant loads to minimize the length and size of power and control connections. Moreover, E-houses are designed and constructed per various standards. They are also tested and certified for the different markets: UL/CE/GOST&EAC. These factors help boost demand for E-houses, thus leading to increased revenue generation potential in the coming years. Furthermore, e-Houses lead to substantial savings by reducing planning costs by up to 50%. Also, as a prefabricated electrical building, the E-house is delivered fully integrated and pre-tested, reducing workers' presence at the construction site and installation time. Due to the modularity and compact design of E-houses, the end users benefit from an optimized footprint, adding up the total savings of up to 20% of the total costs of ownership (TCO) compared to traditional power distribution substations. Other benefits of the E-houses include easy integration (plug-and-play), reduced installation time at the construction site, shortened test and commissioning time with pre-commissioned E-houses, and site conditions do not affect the delivery time, and reduced cable cost between integrated equipment, among others.

Market Overview

Brazil, Argentina, and the Rest of South & Central America are the key contributors to the E-house market in the South & Central America. The major industries in the region are oil & gas, transportation, and mining. In August 2022, Companhia Paranaense de Construcao S.A. received a contract from Horizonte Minerals to construct the Araguaia nickel project in Brazil. In April 2022, Exon invested US$ 10 billion in Yellowtail, a new offshore oil production project in Guyana. This government-approved project is expected to produce 250,000 barrels of oil per day. In addition, in January 2022, the Argentina government signed a Memorandum of Understanding with China to develop three rail projects under Argentina Rail Modernization Plan. This agreement covers the development of the Sarmiento line, electrification of the Belgrano line, and renewal of Urquiza lines. The upcoming developments concerning the end user industries such as oil and gas, mining and minerals, and utilities, among others would boost the South & Central America E-house market growth.

South & Central America E-House Market Revenue and Forecast to 2028 (US$ Million)

South & Central America E-House Market Segmentation

The South & Central America E-house market is segmented into type, component, application, and country.

Based on type, the market is bifurcated into fixed substation and mobile substation. The mobile substation segment registered the larger market share in 2022.

Based on component, the market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held a largest market share in 2022.

Based on application, the market is bifurcated into industrial and utilities. The industrial segment held the larger market share in 2022.

Based on country, the market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the market share in 2022.

ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Sécheron; Siemens AG; and WEG are the leading companies operating in the E-house market in the South & Central America region.

At 2.9% CAGR, the South & Central America E-House Market is speculated to be worth US$ 48.98 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the South & Central America E-house market was valued at US$ 41.21 million in 2022 and is expected to reach US$ 48.98 million by 2028, registering a CAGR of 2.9% from 2022 to 2028. Surge in demand for E-houses from oil & gas sector and ease of installation, cost-effectiveness, and flexibility of E-house are the critical factors attributed to the market expansion.

E-houses are also known as electrical houses or integrated power assemblies. They are pre-assembled, walk-in modular outdoor enclosures that store low- and medium-voltage switchgear and various ancillary equipment such as utility-grade switchgear, paralleling switchgear, and custom controls. E-houses can be easily mounted on a skid/wheel and trailer; it takes only a few minutes to set up. Also, E-houses are sustainable alternatives to traditional on-site structures. A few major applications of E-houses are disaster response, rapid transmission capacity expansion, and temporary power supply for unplanned repairs. Other uses of E-houses involve grid coupling, balancing fossil and renewable energy sources at plants, and housings for electrical energy storage systems. Before the delivery process, fundamental components—such as bus bars, components, power management systems, and HVAC—are thoroughly monitored and tested, thus leading to a lower risk of failure at the work site. The entire procedure of installation and relocation of the E-house is simple and cost-effective because of its mobility. Adding to this, E-houses can be positioned near significant loads to minimize the length and size of power and control connections. Moreover, E-houses are designed and constructed per various standards. They are also tested and certified for the different markets: UL/CE/GOST&EAC. These factors help boost demand for E-houses, thus leading to increased revenue generation potential in the coming years. Furthermore, e-Houses lead to substantial savings by reducing planning costs by up to 50%. Also, as a prefabricated electrical building, the E-house is delivered fully integrated and pre-tested, reducing workers' presence at the construction site and installation time. Due to the modularity and compact design of E-houses, the end users benefit from an optimized footprint, adding up the total savings of up to 20% of the total costs of ownership (TCO) compared to traditional power distribution substations. Other benefits of the E-houses include easy integration (plug-and-play), reduced installation time at the construction site, shortened test and commissioning time with pre-commissioned E-houses, and site conditions do not affect the delivery time, and reduced cable cost between integrated equipment, among others.

On the contrary, lack of technical expertise, high maintenance and replacement cost, and impact of covid -19 pandemic hurdles the growth of South & Central America E-house market.

Based on type, the South & Central America E-house market is bifurcated into fixed substation and mobile substation. The mobile substation segment held 61.3% market share in 2022, amassing US$ 25.27 million. It is projected to garner US$ 31.70 million by 2028 to expand at 3.9% CAGR during 2022–2028.

Based on application, the South & Central America E-house market is bifurcated into industrial and utilities. The industrial segment held 71.2% market share in 2022, amassing US$ 29.35 million. It is projected to garner US$ 36.00 million by 2028 to expand at 3.5% CAGR during 2022–2028.

Based on component, the South & Central America E-house market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held 31.7% market share in 2022, amassing US$ 13.06 million. It is projected to garner US$ 13.40 million by 2028 to expand at 0.4% CAGR during 2022–2028.

Based on country, the South & Central America E-house market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 62.0% market share in 2022. It was assessed at US$ 25.57 million in 2022 and is likely to hit US$ 31.79 million by 2028, exhibiting a CAGR of 3.7% during the forecast period.

Key players profiles in the South & Central America E-house market report are ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Sécheron; Siemens AG; and WEG, among others.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM E-House Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM E-House Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Ease of Installation, Cost-Effectiveness, and Flexibility of E-House

5.1.2 Surge in Demand for E-Houses from Oil & Gas Sector

5.2 Market Restraints

5.2.1 Lack of Technical Expertise, High Maintenance and Replacement Cost, and Impact of COVID -19 Pandemic

5.3 Future Trends

5.3.1 Technological Advancements in E-Houses

5.4 Impact Analysis of Drivers and Restraints

6. E-House Market – SAM Analysis

6.1 SAM E-House Market Overview

6.2 SAM E-House Market – Revenue and Forecast to 2028 (US$ Million)

7. SAM E-House Market Revenue and Forecast to 2028 – Type

7.1 Overview

7.2 SAM E-house Market, By Type (2021 And 2028)

7.3 Fixed Substation

7.3.1 Overview

7.3.2 Fixed Substation: E-house Market Revenue and Forecast To 2028 (US$ Million)

7.4 Mobile Substation

7.4.1 Overview

7.4.2 Mobile Substation: E-House Market Revenue and Forecast To 2028 (US$ Million)

8. SAM E-House Market Analysis – By Component

8.1 Overview

8.2 SAM E-House Market, By Component (2021 and 2028)

8.3 Transformer

8.3.1 Overview

8.3.2 Transformer: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.4 Bus Bar

8.4.1 Overview

8.4.2 Bus Bar: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.5 Power Management System

8.5.1 Overview

8.5.2 Power Management System: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.6 Variable Frequency Drive

8.6.1 Overview

8.6.2 Variable Frequency Drive: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.7 Switchgear

8.7.1 Overview

8.7.2 Switchgear: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.8 HVAC

8.8.1 Overview

8.8.2 HVAC: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

9. SAM E-House Market Analysis – By Application

9.1 Overview

9.2 SAM E-House Market, By Application (2021 and 2028)

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial: E-House Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Utilities

9.4.1 Overview

9.4.2 Utilities: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10. SAM E-House Market – Country Analysis

10.1 Overview

10.1.1 SAM: E-House Market- by Key Country

10.1.1.1 Brazil: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Brazil: E-House Market- by Type

10.1.1.1.2 Brazil: E-House Market- By Application

10.1.1.1.3 Brazil: E-House Market- By Component

10.1.1.2 Argentina: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Argentina: E-House Market- by Type

10.1.1.2.2 Argentina: E-House Market- By Application

10.1.1.2.3 Argentina: E-House Market- By Component

10.1.1.3 Rest of SAM: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Rest of SAM: E-House Market- by Type

10.1.1.3.2 Rest of SAM: E-House Market- By Application

10.1.1.3.3 Rest of SAM: E-House Market- By Component

11. Industry Landscape

11.1 Overview

11.2 Merger and Acquisition

11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Eaton

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Becker Mining Systems AG

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Schneider Electric SE

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Siemens AG

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 WEG

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Sécheron

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Powergear Limited

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Powell Industries, Inc.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             SAM E-House Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Argentina: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Rest of SAM: E-House Market- by Type–Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of SAM: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of SAM: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           SAM E-House Market Segmentation

Figure 2.           SAM E-House Market Segmentation – By Country

Figure 3.           SAM E-House Market Overview

Figure 4.           SAM E-House Market, By Type

Figure 5.           SAM E-House Market, By Application

Figure 6.           SAM E-House Market, By Component

Figure 7.           SAM E-House Market, By Country

Figure 8.           South and Central America: PEST Analysis

Figure 9.           SAM Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        SAM E-House Market Impact Analysis of Drivers and Restraints

Figure 12.        SAM E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        SAM E-house Market, By Type (2021 and 2028)

Figure 14.        SAM Fixed Substation: E-house Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        SAM Mobile Substation: E-house Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        SAM E-House market Revenue Share, by Component (2021 and 2028)

Figure 17.        SAM Transformer: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18.        SAM Bus Bar: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19.        SAM Power Management System: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        SAM Variable Frequency Drive: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 21.        SAM Switchgear: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 22.        SAM HVAC: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 23.        SAM Others: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 24.        SAM E-House Market Revenue Share, by Application (2021 and 2028)

Figure 25.        SAM Industrial: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        SAM Utilities: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        SAM: E-House Market, By Key Country (2021) (US$ Million)

Figure 28.        SAM: E-House Market Revenue Share, By Key Country (2021 and 2028)

Figure 29.        Brazil: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Argentina: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Rest of SAM: E-House Market – Revenue and Forecast to 2028 (US$ Million)

● ABB Ltd

● Becker Mining Systems AG

● Eaton

● Powell Industries, Inc.

● Powergear Limited

● Schneider Electric SE

● Sécheron

● Siemens AG

● WEG

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America E-house market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the South & Central America E-house market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the E-house market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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