Global Gas-insulated Switchgear Market Research Report 2023

SKU ID : QYR-23459002 | Publishing Date : 06-Apr-2023

This report focus on market of Gas Insulated Switchgear (GIS).

GIS is a kind of metal enclosed switchgear. That means, all the equipment of the electrical switchgear are enclosed by gas tight metal enclosure and SF6 gas is used as insulation between live parts of the equipment and earthed metal enclosure. For establishing electrical substation in very limited place this type of SF6 insulated electrical switchgear plays the major role.



In gas insulated medium voltage switchgear, vacuum technology is used as interrupting purpose and SF6 gas is used as insulation material. Although for both interruption and insulation, SF6 gas is used in many medium voltage GIS system. But for such equipment rated SF6 gas pressures are different for interruption and insulation. SF6 gas pressure for insulating purpose is generally kept below 2.5 bar whereas SF6 gas pressure for interrupting purpose is ranged from 5 bar to 7 bar.

The global Gas-insulated Switchgear market was valued at US$ 18690 million in 2022 and is anticipated to reach US$ 33000 million by 2029, witnessing a CAGR of 8.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Gas-insulated Switchgear is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Gas-insulated Switchgear is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Gas-insulated Switchgear include ABB, Siemens, CG, GE, Mitsubishi, Fuji Electric, Schneider, Hyundai and NHVS, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Gas-insulated Switchgear, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas-insulated Switchgear.

The Gas-insulated Switchgear market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Gas-insulated Switchgear market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Gas-insulated Switchgear manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.


By Company


ABB

Siemens

CG

GE

Mitsubishi

Fuji Electric

Schneider

Hyundai

NHVS

CHINT Group

Hitachi

Toshiba

Pinggao Electric

Xi'an XD

Sieyuan Electric

Shandong Taikai

Shanghai Zonfa Electric

Daqo Group


Segment by Type


Up to 38 KV

38 KV-72KV

72 KV-150KV

Above 150 KV


Segment by Application


Industry Applications

Power Transmission

Integration to The Grid


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America

Mexico

Brazil

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by 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 market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Gas-insulated Switchgear manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Gas-insulated Switchgear by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Gas-insulated Switchgear in regional level and country level. It 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 production of each country in the world.

Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by 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 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, 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 10: The main points and conclusions of the report.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
market Reports market Reports