Electric houses or e-houses, also known as Power Houses, are modular power substations that supply power for projects that are usually located in the outskirts or niche areas. They are portable, electrically integrated circuit networks. The e-house is gaining popularity as it reduces operational costs and capital expenditures, thus increasing productivity, and is considered as a one-stop solution for industrial activities.
It is not always feasible to build a whole power supply structure for temporary projects. In order to supply electricity and power for short-term projects, the project owners depend on e-houses for solutions. The simple use and easy storage features of e-houses are leading the global e-house market.
The e-houses are in the growth stage and are expected to retain the position for the forecast period. The Plug n Play concept of the e-house has attracted many new industries in the use of e-house in utilities and renewables. The increasing need for renewable energy sources is propelling the global e-house market growth.
There are various types of e-houses available in the market, and the mobile e-house segment is estimated to register the highest growth rate.
A key advantage of an e-house is that it is an alternative to conventional power distribution networks. The building of a traditional power distribution network is costly and time-consuming. There are companies that are making customized power generation available for consumers. The pre-tested, built, and portable e-house is driving the global e-house market as it is built safer than traditional power distribution networks.
E-houses are installed at a lower cost as there is no field labor required, while other external factors such as weather conditions and coordination delays are reduced as e-houses only require outgoing and incoming electrical connections after the foundation is laid. One of the essential factors that leads to the increase in e-house demand is the time that is saved, as industries are looking to complete projects on time and deliver financial results without any delays.
E-houses are preferred by many because of their resistance power to severe environmental conditions. For instance, TGOOD Company’s fabricated switchgear e-house can withstand the harshest outdoor environments. Continuous projects and an increase in the number of customers are driving the global e-house market.
Advancements in e-houses and new features such as data management and the enhanced security level prove to be an opportunity for the global e-house market. The support of e-houses in expanding to new locations or setting up new sites is expected to propel e-house market growth in the forecast period. For instance, Schneider Electric not only produces e-houses but also installs, deploys, and manages the risks under its mining package. The integrated e-house also has the ability to provide effective and smooth communication to the data center, between the officers and automated facilities of the business. The technological advancements are an evolution in the global e-house market.
According to the International Union of Railways, the governments in the gulf region are working on formulating the gulf railways program and making a capital investment in the improvement of the railway infrastructure in the Middle East region. Bulk cargo transportation is easier and cost-effective with railways, and, in order to meet the future needs of freight and passengers, the Railway Assembly of Middle East (RAME) was formed. E-house power substations are used to power most railway systems as they can be transported to the operation facility. The government is on the lookout to reduce expenditure in railways, which is expected to make way for the e-house market.
The global e-house market is witnessing a rise in the demand for e-house solutions and prefabricated power substations. All industries are working in a fast-paced world and striving to maintain market share. The demand for e-houses is generated from some projects that are located in the world’s remotest areas and are operating in unpredictable conditions.
The mining industry is tough, and the demand for various types of minerals requires power solutions for the smooth working of mining plants. Nothing is worse for the mining industry than to be unproductive at any point in time, they have to be flexible to take advantage of the market deals. Due to a tight resource base, it is difficult for mining plants to be ahead of competitors. The need for fast energy and automated solutions by the mining industry keeps its operational risks low. Hence, this growing need for power distribution processes and e-houses is further expected to fuel market growth.
All nations are involved in rigorous research and development activities in the defense sector. All countries are trying to be self-sufficient and lower their dependency on other countries for ammunition and weapons. The race to become a nuclear power is leading countries to implement and try new and innovative technology. Nuclear tests have to be performed in deserted areas, away from the city and in barren grounds. Therefore, governments are essential customers of e-houses. The use of e-houses to support defense activities is expected to drive the global e-house market.
There are many places in the world that still do not receive electricity and energy and many places where it is not possible to have the necessary electricity infrastructure, while many developing countries are involved in various industrial activities that are remotely located. Various economic and political reforms by the government are increasing the inflow of FDIs in Asia-Pacific.
There are many companies that establish their subsidiaries on a temporary basis or for a short period of time or for a particular project. These manufacturing subsidiaries do not wish to invest in traditional power distribution networks and prefer e-houses to fulfill their energy needs. It helps them to achieve their objectives at a lower cost, which results in Asia-Pacific leading the e-house market. Asia-Pacific is anticipated to be the largest market for e-houses.
The Middle East is rich in oil resources and portrays lucrative growth in the e-house market. As the demand for crude oil from other nations increases, it leads to a substantial increase in industrial activities. This makes way for e-houses in the Middle East market.
Africa, being a developing economy, is investing significantly in the development of infrastructure and improving the standard of living. Despite e-houses powering the underdeveloped regions of Africa, it demonstrates slow growth in the use of e-houses.
According to the Mine Safety and Health Administration agency of the U.S., there are more than 13,000 mining operations for coal, iron ore and minerals in the U.S., while the total contribution to GDP from the mining industry in the year 2017 was USD 217.5 million, which is a good indicator for the e-house market.
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