Posted By IMARC Services Private Limited
Posted on September 13, 2021
According to the latest report by IMARC Group “Gas Insulated Switchgear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global gas insulated switchgear market exhibited moderate growth during 2015-2020. Looking forward, the global gas insulated switchgear market to grow at a CAGR of around 6% during 2021-2026.
Gas insulated switchgear (GIS) refers to a high-voltage unit that encapsulates compact metal structures consisting of various components, such as disconnectors, circuit breakers, switches, and relays. It uses an insulating medium, like sulfur hexafluoride (SF6), to isolate, control, vacuum, and protect electrical equipment during adverse conditions. As compared to air-insulated switchgear, GIS is more flexible, reliable, environment-friendly, cost-effective, and requires less maintenance. Consequently, it is primarily installed on the extensions of industrial plants, buildings, and offshore platforms.
Market Trends:
The rapid development of smart grids and increasing investments in renewable energy systems by governments of various nations to reduce carbon emissionsare majorly driving the global GIS market. Rising urbanization and industrialization have led to an increase in global power consumption, which is further propelling the market growth. Additionally, there has been anincrease in the utilization of GIS to establish efficient distribution channels and transmission lines in numerous emerging economies, which is acting as another growth-inducing factor.
Request for a free sample copy of this report: https://www.imarcgroup.com/gas-insulated-switchgear-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Image Recognition Market Coverage and Segmentation 2021-2026:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ABB
- Alstom
- Benchmarking
- Bharat Heavy Electricals Limited
- Eaton Corporation
- General Electric Company
- Hitachi, Larsen & Toubro
- Meidensha
- Mitsubishi Electric
- Powell Industries
- Schneider Electric
- Siemens
- Toshiba International Corporation
Explore full report with table of contents: https://www.imarcgroup.com/gas-insulated-switchgear-market
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Type:
- High Voltage GIS
- Medium Voltage GIS
- Low Voltage GIS
Breakup by Installation:
- Indoor
- Outdoor
Breakup by Technology:
- Hybrid Switchgear
- Integrated Three Phase
- Compact Gas Insulated Switchgear
Breakup by Voltage:
- <38 kV
- 38 kV to 72 kV
- 73 kV to 150 kV
- > 150 kV
Breakup by End-Use Sector:
- Power Transmission
- Power Distribution
- Power Generation
- Infrastructure and Transportation
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group “Gas Insulated Switchgear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global gas insulated switchgear market exhibited moderate growth during 2015-2020. Looking forward, the global gas insulated switchgear market to grow at a CAGR of around 6% during 2021-2026.
Gas insulated switchgear (GIS) refers to a high-voltage unit that encapsulates compact metal structures consisting of various components, such as disconnectors, circuit breakers, switches, and relays. It uses an insulating medium, like sulfur hexafluoride (SF6), to isolate, control, vacuum, and protect electrical equipment during adverse conditions. As compared to air-insulated switchgear, GIS is more flexible, reliable, environment-friendly, cost-effective, and requires less maintenance. Consequently, it is primarily installed on the extensions of industrial plants, buildings, and offshore platforms.
Market Trends:
The rapid development of smart grids and increasing investments in renewable energy systems by governments of various nations to reduce carbon emissionsare majorly driving the global GIS market. Rising urbanization and industrialization have led to an increase in global power consumption, which is further propelling the market growth. Additionally, there has been anincrease in the utilization of GIS to establish efficient distribution channels and transmission lines in numerous emerging economies, which is acting as another growth-inducing factor.
Request for a free sample copy of this report: https://www.imarcgroup.com/gas-insulated-switchgear-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Image Recognition Market Coverage and Segmentation 2021-2026:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ABB
- Alstom
- Benchmarking
- Bharat Heavy Electricals Limited
- Eaton Corporation
- General Electric Company
- Hitachi, Larsen & Toubro
- Meidensha
- Mitsubishi Electric
- Powell Industries
- Schneider Electric
- Siemens
- Toshiba International Corporation
Explore full report with table of contents: https://www.imarcgroup.com/gas-insulated-switchgear-market
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Type:
- High Voltage GIS
- Medium Voltage GIS
- Low Voltage GIS
Breakup by Installation:
- Indoor
- Outdoor
Breakup by Technology:
- Hybrid Switchgear
- Integrated Three Phase
- Compact Gas Insulated Switchgear
Breakup by Voltage:
- <38 kV
- 38 kV to 72 kV
- 73 kV to 150 kV
- > 150 kV
Breakup by End-Use Sector:
- Power Transmission
- Power Distribution
- Power Generation
- Infrastructure and Transportation
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Related Reports
virtual reality headset market: https://www.imarcgroup.com/virtual-reality-headset-market
image recognition market: https://www.imarcgroup.com/image-recognition-market
autonomous mobile robots market: https://www.imarcgroup.com/autonomous-mobile-robots-market
blood purification equipment market: https://www.imarcgroup.com/blood-purification-equipment-market
crude oil flow improvers market: https://www.imarcgroup.com/crude-oil-flow-improvers-market
firefighting foam market: https://www.imarcgroup.com/firefighting-foam-market
filling equipment market: https://www.imarcgroup.com/filling-equipment-market
biosensors market: https://www.imarcgroup.com/biosensors-market
enterprise application market: https://www.imarcgroup.com/enterprise-application-market
integrated workplace management system market: https://www.imarcgroup.com/integrated-workplace-management-system-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
