
Gas Insulated Switchgear Market Size- By Voltage, By Installation, By End User -Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Gas Insulated Switchgear Market Introduction and Overview
According to SPER market research, ‘Global Gas Insulated Switchgear Market Size- By Voltage, By Installation, By End User -Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Gas Insulated Switchgear Market is predicted to reach 33.53 billion by 2034 with a CAGR of 6.33%.
Gas insulated switchgear (GIS) is a form of switchgear used in electrical systems to regulate electrical devices. They’re utilized to isolate and protect electrical equipment. Traditional air-insulated switchgear (AIS) uses ambient air as an insulation medium and does not require any additional special gases. In contrast, GIS employs sulfur hexafluoride (SF6) gas as an insulating medium in its operation. GIS consists of various components, including enclosures, insulating gas, switching devices, bus bars, and connectors.
Restraints:The high initial and maintenance expenses associated with GIS limit the growth of the gas insulated switchgear market. The high production cost is due to the precision manufacturing methods necessary to achieve standards while producing a complicated design. The cost is also determined by components such as insulating gas, bus bars, and circuit breakers. Furthermore, high installation and maintenance costs limit the expansion of the gas insulated switchgear industry.
Scope of the Report:
Report Metric Details Market size available for years 2021-2034 Base year considered 2024 Forecast period 2025-2034
Segments coveredBy Voltage, By Installation, By End User.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
ABB, Bharat Heavy Electricals Limited, CHEM Group, Eaton, Fuji Electric, GE, Hitachi, Ltd, Hyundai Electric & Energy Systems Co., Ltd, Larsen & Toubro, Meidensha Corporation, Mitsubishi Electric Corporation, Nissin Electric Co Ltd, Schneider Electric, Siemens, Toshiba International Corporation.
Gas Insulated Switchgear Market Segmentation:
By Voltage:Based on the Voltage, Global Gas Insulated Switchgear Market is segmented as; Up to 66 kV, 66 kV – 170 kV, 170 kV – 550 kV, Above 550 kV.
By Installation:Based on the Installation, Global Gas Insulated Switchgear Market is segmented as; lndoor and Outdoor.
By End User:Based on the End User, Global Gas Insulated Switchgear Market is segmented as; Utility, Industrial, Commercial, Others.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
According to SPER market research, ‘Global Gas Insulated Switchgear Market Size- By Voltage, By Installation, By End User -Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Gas Insulated Switchgear Market is predicted to reach 33.53 billion by 2034 with a CAGR of 6.33%.
Gas insulated switchgear (GIS) is a form of switchgear used in electrical systems to regulate electrical devices. They’re utilized to isolate and protect electrical equipment. Traditional air-insulated switchgear (AIS) uses ambient air as an insulation medium and does not require any additional special gases. In contrast, GIS employs sulfur hexafluoride (SF6) gas as an insulating medium in its operation. GIS consists of various components, including enclosures, insulating gas, switching devices, bus bars, and connectors.
Restraints:The high initial and maintenance expenses associated with GIS limit the growth of the gas insulated switchgear market. The high production cost is due to the precision manufacturing methods necessary to achieve standards while producing a complicated design. The cost is also determined by components such as insulating gas, bus bars, and circuit breakers. Furthermore, high installation and maintenance costs limit the expansion of the gas insulated switchgear industry.
Scope of the Report:
Report Metric Details Market size available for years 2021-2034 Base year considered 2024 Forecast period 2025-2034
Segments coveredBy Voltage, By Installation, By End User.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
ABB, Bharat Heavy Electricals Limited, CHEM Group, Eaton, Fuji Electric, GE, Hitachi, Ltd, Hyundai Electric & Energy Systems Co., Ltd, Larsen & Toubro, Meidensha Corporation, Mitsubishi Electric Corporation, Nissin Electric Co Ltd, Schneider Electric, Siemens, Toshiba International Corporation.
Gas Insulated Switchgear Market Segmentation:
By Voltage:Based on the Voltage, Global Gas Insulated Switchgear Market is segmented as; Up to 66 kV, 66 kV – 170 kV, 170 kV – 550 kV, Above 550 kV.
By Installation:Based on the Installation, Global Gas Insulated Switchgear Market is segmented as; lndoor and Outdoor.
By End User:Based on the End User, Global Gas Insulated Switchgear Market is segmented as; Utility, Industrial, Commercial, Others.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
245 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Gas Insulated Switchgear Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Gas Insulated Switchgear Market
- 7. Global Gas Insulated Switchgear Market, By Voltage (USD Million) 2021-2034
- 7.1. Up to 66 kV
- 7.2. 66 kV - 170 kV
- 7.3. 170 kV - 550 kV
- 7.4. Above 550 kV
- 8. Global Gas Insulated Switchgear Market, By Installation (USD Million) 2021-2034
- 8.1. Indoor
- 8.2. Outdoor
- 9. Global Gas Insulated Switchgear Market, By End User (USD Million) 2021-2034
- 9.1. Utility
- 9.2. Industrial
- 9.3. Commercial
- 9.4. Others
- 10. Global Gas Insulated Switchgear Market (USD Million) 2021-2034
- 10.1. Global Gas Insulated Switchgear Market Size and Market Share
- 11. Global Gas Insulated Switchgear Market, By Region (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
- 12. Company Profile
- 12.1. ABB
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Bharat Heavy Electricals Limited
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. CHEM Group
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Eaton
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Fuji Electric
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. GE
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Hitachi, Ltd
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Hyundai Electric & Energy Systems Co., Ltd
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Larsen & Toubro
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Meidensha Corporation
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Mitsubishi Electric Corporation
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. Nissin Electric Co Ltd
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
- 12.13. Schneider Electric
- 12.13.1. Company details
- 12.13.2. Financial outlook
- 12.13.3. Product summary
- 12.13.4. Recent developments
- 12.14. Siemens
- 12.14.1. Company details
- 12.14.2. Financial outlook
- 12.14.3. Product summary
- 12.14.4. Recent developments
- 12.15. Toshiba International Corporation
- 12.15.1. Company details
- 12.15.2. Financial outlook
- 12.15.3. Product summary
- 12.15.4. Recent developments
- 12.16. Others
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
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