Global Gas Insulated Medium Voltage Switchgear Market Research Report 2025(Status and Outlook)

Report Overview

The gas-insulated medium voltage switchgear (GIS) market comprises electrical switchgear systems that use sulfur hexafluoride (SF₆) or alternative insulating gases to isolate live components within a sealed, compact enclosure, ensuring high reliability and minimal maintenance in medium voltage applications (typically 1 kV to 52 kV). These systems are favored for their space efficiency, enhanced safety (reduced risk of arc flashes), and resilience in harsh environments, making them ideal for urban infrastructure, industrial plants, and renewable energy installations. The market is driven by increasing urbanization, grid modernization, and stringent safety regulations, though environmental concerns over SF₆ emissions are accelerating demand for eco-friendly alternatives like SF₆-free or hybrid designs. Key players focus on innovation in gas mixtures, modularity, and digital monitoring to align with smart grid trends. Regional growth is strongest in Asia-Pacific due to rapid industrialization, while Europe leads in regulatory-driven SF₆ phase-out initiatives. Challenges include high upfront costs and competition from air-insulated switchgear, but the shift toward compact, sustainable solutions sustains long-term demand.

The global Gas Insulated Medium Voltage Switchgear market size was estimated at USD 10950.56 million in 2024, exhibiting a CAGR of 5.80% during the forecast period.

This report provides a deep insight into the global Gas Insulated Medium Voltage Switchgear market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Gas Insulated Medium Voltage Switchgear Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Gas Insulated Medium Voltage Switchgear market in any manner.

Global Gas Insulated Medium Voltage Switchgear Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ABB

Siemens

Schneider Electric

Eaton

Hyosung Heavy Industries

Toshiba

Ormazabal

CG Power & Industrial Solutions

Nissin Electric

Xiamen Huadian Switchgear

Lucy Group

HD Hyundai Electric

Yueqing Liyond Electric

Bulox

CAHORS

Market Segmentation (by Type)

≤ 21 kV

21 kV < 33 kV

≥33 kV

Market Segmentation (by Application)

Industrial

Commercial

Residential

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Gas Insulated Medium Voltage Switchgear Market

Overview of the regional outlook of the Gas Insulated Medium Voltage Switchgear Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Gas Insulated Medium Voltage Switchgear Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Gas Insulated Medium Voltage Switchgear, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Gas Insulated Medium Voltage Switchgear
1.2 Key Market Segments
1.2.1 Gas Insulated Medium Voltage Switchgear Segment by Type
1.2.2 Gas Insulated Medium Voltage Switchgear Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Gas Insulated Medium Voltage Switchgear Market Overview
2.1 Global Market Overview
2.1.1 Global Gas Insulated Medium Voltage Switchgear Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Gas Insulated Medium Voltage Switchgear Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Gas Insulated Medium Voltage Switchgear Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Gas Insulated Medium Voltage Switchgear Product Life Cycle
3.3 Global Gas Insulated Medium Voltage Switchgear Sales by Manufacturers (2020-2025)
3.4 Global Gas Insulated Medium Voltage Switchgear Revenue Market Share by Manufacturers (2020-2025)
3.5 Gas Insulated Medium Voltage Switchgear Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Gas Insulated Medium Voltage Switchgear Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Gas Insulated Medium Voltage Switchgear Market Competitive Situation and Trends
3.8.1 Gas Insulated Medium Voltage Switchgear Market Concentration Rate
3.8.2 Global 5 and 10 Largest Gas Insulated Medium Voltage Switchgear Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Gas Insulated Medium Voltage Switchgear Industry Chain Analysis
4.1 Gas Insulated Medium Voltage Switchgear Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Gas Insulated Medium Voltage Switchgear Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Gas Insulated Medium Voltage Switchgear Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Gas Insulated Medium Voltage Switchgear Market
5.7 ESG Ratings of Leading Companies
6 Gas Insulated Medium Voltage Switchgear Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Gas Insulated Medium Voltage Switchgear Sales Market Share by Type (2020-2025)
6.3 Global Gas Insulated Medium Voltage Switchgear Market Size Market Share by Type (2020-2025)
6.4 Global Gas Insulated Medium Voltage Switchgear Price by Type (2020-2025)
7 Gas Insulated Medium Voltage Switchgear Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Gas Insulated Medium Voltage Switchgear Market Sales by Application (2020-2025)
7.3 Global Gas Insulated Medium Voltage Switchgear Market Size (M USD) by Application (2020-2025)
7.4 Global Gas Insulated Medium Voltage Switchgear Sales Growth Rate by Application (2020-2025)
8 Gas Insulated Medium Voltage Switchgear Market Sales by Region
8.1 Global Gas Insulated Medium Voltage Switchgear Sales by Region
8.1.1 Global Gas Insulated Medium Voltage Switchgear Sales by Region
8.1.2 Global Gas Insulated Medium Voltage Switchgear Sales Market Share by Region
8.2 Global Gas Insulated Medium Voltage Switchgear Market Size by Region
8.2.1 Global Gas Insulated Medium Voltage Switchgear Market Size by Region
8.2.2 Global Gas Insulated Medium Voltage Switchgear Market Size Market Share by Region
8.3 North America
8.3.1 North America Gas Insulated Medium Voltage Switchgear Sales by Country
8.3.2 North America Gas Insulated Medium Voltage Switchgear Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Gas Insulated Medium Voltage Switchgear Sales by Country
8.4.2 Europe Gas Insulated Medium Voltage Switchgear Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Gas Insulated Medium Voltage Switchgear Sales by Region
8.5.2 Asia Pacific Gas Insulated Medium Voltage Switchgear Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Gas Insulated Medium Voltage Switchgear Sales by Country
8.6.2 South America Gas Insulated Medium Voltage Switchgear Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Gas Insulated Medium Voltage Switchgear Sales by Region
8.7.2 Middle East and Africa Gas Insulated Medium Voltage Switchgear Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Gas Insulated Medium Voltage Switchgear Market Production by Region
9.1 Global Production of Gas Insulated Medium Voltage Switchgear by Region(2020-2025)
9.2 Global Gas Insulated Medium Voltage Switchgear Revenue Market Share by Region (2020-2025)
9.3 Global Gas Insulated Medium Voltage Switchgear Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Gas Insulated Medium Voltage Switchgear Production
9.4.1 North America Gas Insulated Medium Voltage Switchgear Production Growth Rate (2020-2025)
9.4.2 North America Gas Insulated Medium Voltage Switchgear Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Gas Insulated Medium Voltage Switchgear Production
9.5.1 Europe Gas Insulated Medium Voltage Switchgear Production Growth Rate (2020-2025)
9.5.2 Europe Gas Insulated Medium Voltage Switchgear Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Gas Insulated Medium Voltage Switchgear Production (2020-2025)
9.6.1 Japan Gas Insulated Medium Voltage Switchgear Production Growth Rate (2020-2025)
9.6.2 Japan Gas Insulated Medium Voltage Switchgear Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Gas Insulated Medium Voltage Switchgear Production (2020-2025)
9.7.1 China Gas Insulated Medium Voltage Switchgear Production Growth Rate (2020-2025)
9.7.2 China Gas Insulated Medium Voltage Switchgear Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 ABB
10.1.1 ABB Basic Information
10.1.2 ABB Gas Insulated Medium Voltage Switchgear Product Overview
10.1.3 ABB Gas Insulated Medium Voltage Switchgear Product Market Performance
10.1.4 ABB Business Overview
10.1.5 ABB SWOT Analysis
10.1.6 ABB Recent Developments
10.2 Siemens
10.2.1 Siemens Basic Information
10.2.2 Siemens Gas Insulated Medium Voltage Switchgear Product Overview
10.2.3 Siemens Gas Insulated Medium Voltage Switchgear Product Market Performance
10.2.4 Siemens Business Overview
10.2.5 Siemens SWOT Analysis
10.2.6 Siemens Recent Developments
10.3 Schneider Electric
10.3.1 Schneider Electric Basic Information
10.3.2 Schneider Electric Gas Insulated Medium Voltage Switchgear Product Overview
10.3.3 Schneider Electric Gas Insulated Medium Voltage Switchgear Product Market Performance
10.3.4 Schneider Electric Business Overview
10.3.5 Schneider Electric SWOT Analysis
10.3.6 Schneider Electric Recent Developments
10.4 Eaton
10.4.1 Eaton Basic Information
10.4.2 Eaton Gas Insulated Medium Voltage Switchgear Product Overview
10.4.3 Eaton Gas Insulated Medium Voltage Switchgear Product Market Performance
10.4.4 Eaton Business Overview
10.4.5 Eaton Recent Developments
10.5 Hyosung Heavy Industries
10.5.1 Hyosung Heavy Industries Basic Information
10.5.2 Hyosung Heavy Industries Gas Insulated Medium Voltage Switchgear Product Overview
10.5.3 Hyosung Heavy Industries Gas Insulated Medium Voltage Switchgear Product Market Performance
10.5.4 Hyosung Heavy Industries Business Overview
10.5.5 Hyosung Heavy Industries Recent Developments
10.6 Toshiba
10.6.1 Toshiba Basic Information
10.6.2 Toshiba Gas Insulated Medium Voltage Switchgear Product Overview
10.6.3 Toshiba Gas Insulated Medium Voltage Switchgear Product Market Performance
10.6.4 Toshiba Business Overview
10.6.5 Toshiba Recent Developments
10.7 Ormazabal
10.7.1 Ormazabal Basic Information
10.7.2 Ormazabal Gas Insulated Medium Voltage Switchgear Product Overview
10.7.3 Ormazabal Gas Insulated Medium Voltage Switchgear Product Market Performance
10.7.4 Ormazabal Business Overview
10.7.5 Ormazabal Recent Developments
10.8 CG Power and Industrial Solutions
10.8.1 CG Power and Industrial Solutions Basic Information
10.8.2 CG Power and Industrial Solutions Gas Insulated Medium Voltage Switchgear Product Overview
10.8.3 CG Power and Industrial Solutions Gas Insulated Medium Voltage Switchgear Product Market Performance
10.8.4 CG Power and Industrial Solutions Business Overview
10.8.5 CG Power and Industrial Solutions Recent Developments
10.9 Nissin Electric
10.9.1 Nissin Electric Basic Information
10.9.2 Nissin Electric Gas Insulated Medium Voltage Switchgear Product Overview
10.9.3 Nissin Electric Gas Insulated Medium Voltage Switchgear Product Market Performance
10.9.4 Nissin Electric Business Overview
10.9.5 Nissin Electric Recent Developments
10.10 Xiamen Huadian Switchgear
10.10.1 Xiamen Huadian Switchgear Basic Information
10.10.2 Xiamen Huadian Switchgear Gas Insulated Medium Voltage Switchgear Product Overview
10.10.3 Xiamen Huadian Switchgear Gas Insulated Medium Voltage Switchgear Product Market Performance
10.10.4 Xiamen Huadian Switchgear Business Overview
10.10.5 Xiamen Huadian Switchgear Recent Developments
10.11 Lucy Group
10.11.1 Lucy Group Basic Information
10.11.2 Lucy Group Gas Insulated Medium Voltage Switchgear Product Overview
10.11.3 Lucy Group Gas Insulated Medium Voltage Switchgear Product Market Performance
10.11.4 Lucy Group Business Overview
10.11.5 Lucy Group Recent Developments
10.12 HD Hyundai Electric
10.12.1 HD Hyundai Electric Basic Information
10.12.2 HD Hyundai Electric Gas Insulated Medium Voltage Switchgear Product Overview
10.12.3 HD Hyundai Electric Gas Insulated Medium Voltage Switchgear Product Market Performance
10.12.4 HD Hyundai Electric Business Overview
10.12.5 HD Hyundai Electric Recent Developments
10.13 Yueqing Liyond Electric
10.13.1 Yueqing Liyond Electric Basic Information
10.13.2 Yueqing Liyond Electric Gas Insulated Medium Voltage Switchgear Product Overview
10.13.3 Yueqing Liyond Electric Gas Insulated Medium Voltage Switchgear Product Market Performance
10.13.4 Yueqing Liyond Electric Business Overview
10.13.5 Yueqing Liyond Electric Recent Developments
10.14 Bulox
10.14.1 Bulox Basic Information
10.14.2 Bulox Gas Insulated Medium Voltage Switchgear Product Overview
10.14.3 Bulox Gas Insulated Medium Voltage Switchgear Product Market Performance
10.14.4 Bulox Business Overview
10.14.5 Bulox Recent Developments
10.15 CAHORS
10.15.1 CAHORS Basic Information
10.15.2 CAHORS Gas Insulated Medium Voltage Switchgear Product Overview
10.15.3 CAHORS Gas Insulated Medium Voltage Switchgear Product Market Performance
10.15.4 CAHORS Business Overview
10.15.5 CAHORS Recent Developments
11 Gas Insulated Medium Voltage Switchgear Market Forecast by Region
11.1 Global Gas Insulated Medium Voltage Switchgear Market Size Forecast
11.2 Global Gas Insulated Medium Voltage Switchgear Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Gas Insulated Medium Voltage Switchgear Market Size Forecast by Country
11.2.3 Asia Pacific Gas Insulated Medium Voltage Switchgear Market Size Forecast by Region
11.2.4 South America Gas Insulated Medium Voltage Switchgear Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Gas Insulated Medium Voltage Switchgear by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Gas Insulated Medium Voltage Switchgear Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Gas Insulated Medium Voltage Switchgear by Type (2026-2033)
12.1.2 Global Gas Insulated Medium Voltage Switchgear Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Gas Insulated Medium Voltage Switchgear by Type (2026-2033)
12.2 Global Gas Insulated Medium Voltage Switchgear Market Forecast by Application (2026-2033)
12.2.1 Global Gas Insulated Medium Voltage Switchgear Sales (K MT) Forecast by Application
12.2.2 Global Gas Insulated Medium Voltage Switchgear Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

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