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Gas Insulated Transformer Market, By Voltage Rating (Low Voltage, Medium Voltage, and High Voltage), By Cooling Type (Oil-Cooled and Air-Cooled), By End User (Power Transmission and Distribution , Industrial , and Others), By Geography (North America, Lat

Publisher Coherent Market Insights
Published Feb 20, 2025
Length 162 Pages
SKU # CMI19682361

Description

Insulated transformer is extensively adopted owing to its compact design and minimum site footprint, which saves both material and installation costs. The use of gases like sulfur hexafluoride (SF6) helps improve dielectric strength while also eliminating the need for oil insulation systems. Their high reliability and longevity in high-voltage applications have made them sought-after in the utilities sector and other industries. Rise in grid investments across developing economies for modernizing aging infrastructure and ensuring reliable power supplies will largely boost the GIL demand over the coming years.

Market Dynamics:

The gas insulated transformer market is driven by increasing investments in upgrading aging power grids as well as expanding transmission and distribution networks worldwide. However, high installation costs and maintenance requirements posed by gas insulated transformers could limit their widespread adoption. Growing focus on renewable energy integration and decentralized electricity production brings opportunities for market players to offer customized solutions. Rising energy demand from emerging economies amid rapid industrialization and urbanization will necessitate increased utilization of high-voltage equipment like gas insulated transformers for bulk power transfer over long distances. Strict regulations pertaining to the use of greenhouse gases present both a challenge for stakeholders to develop eco-friendly alternatives as well as an opportunity to invest in R&D for green technologies.

Key Features of the Study:
  • This report provides in-depth analysis of the global gas insulated transformer market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global gas insulated transformer market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include ABB Ltd., Alstom (now part of GE), Bharat Heavy Electricals Limited (BHEL), CG Power and Industrial Solutions Limited, Eaton Corporation, Efacec, Hitachi Energy, Hyundai Electric & Energy Systems Co., Ltd., Siemens Energy, Schneider Electric, SGB-SMIT Group, Toshiba Corporation, Transformers and Rectifiers (India) Limited, Toshiba Corporation, and ZTE Energy
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global gas insulated transformer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gas insulated transformer market
Detailed Segmentation:
  • By Voltage Rating
  • Low Voltage (less than 72.5 kV)
  • Medium Voltage (72.5 kV to 230 kV)
  • High Voltage (greater than 230 kV)
  • By Cooling Type
  • Oil-Cooled
  • Air-Cooled
  • By End User
  • Power Transmission and Distribution
  • Industrial
  • Others (including Renewable Energy, etc.)
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Key Players Insights
  • ABB Ltd.
  • Alstom (now part of GE)
  • Bharat Heavy Electricals Limited (BHEL)
  • CG Power and Industrial Solutions Limited
  • Eaton Corporation
  • Efacec
  • Hitachi Energy
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Siemens Energy
  • Schneider Electric
  • SGB-SMIT Group
  • Toshiba Corporation
  • Transformers and Rectifiers (India) Limited
  • Toshiba Corporation
  • ZTE Energy

Table of Contents

162 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Voltage Rating
Market Snippet, By Cooling Type
Market Snippet, By End User
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Gas Insulated Transformer Market, By Voltage Rating, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Low Voltage (less than 72.5 kV)
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Medium Voltage (72.5 kV to 230 kV)
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
High Voltage (greater than 230 kV)
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
5. Global Gas Insulated Transformer Market, By Cooling Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Oil-Cooled
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Air-Cooled
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
6. Global Gas Insulated Transformer Market, By End User, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Power Transmission and Distribution
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Industrial
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Others (including Renewable Energy, etc.)
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
7. Global Gas Insulated Transformer Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
North America
Regional Trends
Market Size and Forecast, By Voltage Rating, 2020–2032, (US$ Bn)
Market Size and Forecast, By Cooling Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By End User, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Voltage Rating, 2020–2032, (US$ Bn)
Market Size and Forecast, By Cooling Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By End User, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Voltage Rating, 2020–2032, (US$ Bn)
Market Size and Forecast, By Cooling Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By End User, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Voltage Rating, 2020–2032, (US$ Bn)
Market Size and Forecast, By Cooling Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By End User, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Voltage Rating, 2020–2032, (US$ Bn)
Market Size and Forecast, By Cooling Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By End User, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
South Africa
Israel
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
ABB Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Alstom (now part of GE)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Bharat Heavy Electricals Limited (BHEL)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
CG Power and Industrial Solutions Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Eaton Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Efacec
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hitachi Energy
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hyundai Electric & Energy Systems Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Siemens Energy
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Schneider Electric
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
SGB-SMIT Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toshiba Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Transformers and Rectifiers (India) Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toshiba Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ZTE Energy
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 60 market data tables and 40 figures on Gas Insulated Transformer Market - Global forecast to 2032”

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