| Product Code: ETC5675040 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Norway saw significant import shipments of electrical substations, with top exporters being Austria, Czechia, Germany, Metropolitan France, and China. The market remained competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 11.15% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -22.18%. This fluctuation suggests a dynamic market environment for electrical substations in Norway, with potential shifts in supply and demand dynamics impacting future trends.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Electrical Substations Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Electrical Substations Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Electrical Substations Market - Industry Life Cycle |
3.4 Norway Electrical Substations Market - Porter's Five Forces |
3.5 Norway Electrical Substations Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Electrical Substations Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Electrical Substations Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Norway |
4.2.2 Government initiatives to modernize and upgrade the existing electrical grid infrastructure |
4.2.3 Growing investments in smart grid technologies to improve efficiency and reliability |
4.3 Market Restraints |
4.3.1 High initial capital investment required for setting up new electrical substations |
4.3.2 Regulatory challenges and changing government policies impacting market dynamics |
5 Norway Electrical Substations Market Trends |
6 Norway Electrical Substations Market Segmentations |
6.1 Norway Electrical Substations Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Electrical Substations Market Revenues & Volume, By AIS Substation, 2021-2031F |
6.1.3 Norway Electrical Substations Market Revenues & Volume, By GIS Substation, 2021-2031F |
6.1.4 Norway Electrical Substations Market Revenues & Volume, By Others, 2021-2031F |
6.2 Norway Electrical Substations Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Norway Electrical Substations Market Revenues & Volume, By Power Transmission and Distribution, 2021-2031F |
6.2.3 Norway Electrical Substations Market Revenues & Volume, By Manufacturing and Processing, 2021-2031F |
6.2.4 Norway Electrical Substations Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Electrical Substations Market Import-Export Trade Statistics |
7.1 Norway Electrical Substations Market Export to Major Countries |
7.2 Norway Electrical Substations Market Imports from Major Countries |
8 Norway Electrical Substations Market Key Performance Indicators |
8.1 Percentage of renewable energy sources integrated into the electrical grid |
8.2 Number of new electrical substations constructed or upgraded annually |
8.3 Average age of existing electrical substations in operation |
9 Norway Electrical Substations Market - Opportunity Assessment |
9.1 Norway Electrical Substations Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Electrical Substations Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Electrical Substations Market - Competitive Landscape |
10.1 Norway Electrical Substations Market Revenue Share, By Companies, 2024 |
10.2 Norway Electrical Substations Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |