#Gas Insulated Switchgear (GIS) Industry Report

[electronalytics]

Partial Discharge Detector Market Analysis, Regional Segmented, Outlook & Forecast till 2033

The competitive analysis of the Partial Discharge Detector Market offers a comprehensive examination of key market players. It encompasses detailed company profiles, insights into revenue distribution, innovations within their product portfolios, regional market presence, strategic development plans, pricing strategies, identified target markets, and immediate future initiatives of industry leaders. This section serves as a valuable resource for readers to understand the driving forces behind competition and what strategies can set them apart in capturing new target markets.

Market projections and forecasts are underpinned by extensive primary research, further validated through precise secondary research specific to the Partial Discharge Detector Market. Our research analysts have dedicated substantial time and effort to curate essential industry insights from key industry participants, including Original Equipment Manufacturers (OEMs), top-tier suppliers, distributors, and relevant government entities.

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Market Segmentations:

Global Partial Discharge Detector Market: By Company • APM Technologies • Siemens • High Voltage Partial Discharge • ALTANOVA GROUP • OMICRON Electronics • Prysmian Group • Protec Equipment • Megger • Qualitrol Company • Doble Engineering Company • Eaton • Power Diagnostix • Dimrus • SNSK Company • EA Technology • LS Cable and System • Dynamic Ratings • HV Hipot Electric Global Partial Discharge Detector Market: By Type • Desktop • Portable Global Partial Discharge Detector Market: By Application • Gas Insulated Switchgear (GIS) • Transformers • Power Cables • Others

Regional Analysis of Global Partial Discharge Detector Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Partial Discharge Detector market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Key Report Highlights:

Key Market Participants: The report delves into the major stakeholders in the market, encompassing market players, suppliers of raw materials and equipment, end-users, traders, distributors, and more.

Comprehensive Company Profiles: Detailed company profiles are provided, offering insights into various aspects including production capacity, pricing, revenue, costs, gross margin, sales volume, sales revenue, consumption patterns, growth rates, import-export dynamics, supply chains, future strategic plans, and technological advancements. This comprehensive analysis draws from a dataset spanning 12 years and includes forecasts.

Market Growth Drivers: The report extensively examines the factors contributing to market growth, with a specific focus on elucidating the diverse categories of end-users within the market.

Data Segmentation: The data and information are presented in a structured manner, allowing for easy access by market player, geographical region, product type, application, and more. Furthermore, the report can be tailored to accommodate specific research requirements.

SWOT Analysis: A SWOT analysis of the market is included, offering an insightful evaluation of its Strengths, Weaknesses, Opportunities, and Threats.

Expert Insights: Concluding the report, it features insights and opinions from industry experts, providing valuable perspectives on the market landscape.

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country ➋ Key winning strategies followed by the competitors ➌ Who are the key competitors in this industry? ➍ What shall be the potential of this industry over the forecast tenure? ➎ What are the factors propelling the demand for the Partial Discharge Detector? ➏ What are the opportunities that shall aid in significant proliferation of the market growth? ➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Partial Discharge Detector? ➑ How has the covid-19 impacted the growth of the market? ➒ Has the supply chain disruption caused changes in the entire value chain? Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@stringentdatalytics.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1 346 666 6655 to share your research requirements.

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[sagarg889]

Gas Insulated Substation Market Analysis, Key Players, Industry Segments & Forecast 2023 to 2033

Throughout the forecast period, the worldwide gas insulated substation market is expected to grow at a rapid 5.4% CAGR. The market for gas-insulated substations is currently valued at US$ 14.6 billion in 2023. The market for gas-insulated substations is expected to reach a high valuation of US$ 24.6 billion by 2033.

Switchgear technological developments and a rising trend of grid upgrades in both developed and developing countries are key factors driving demand for gas insulated substations. Air-insulated substations are more likely to harm the environment, whereas gas-insulated substations are less likely to pollute the environment.

This factor is expected to drive global market expansion throughout the forecast period. Furthermore, the growing demand for compact, low-maintenance power systems is likely to boost market growth throughout the forecast period. In terms of efficiency and reliability, they outperform air-insulated substations.

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The market is expected to expand as a result of increased per-hectare land values because gas insulated substations require less space than their equivalents. Owing to their smaller footprint, these substations require 90% less room to install than traditional power plants.

Globally, the emphasis has shifted toward investments in clean energy projects and renewable energy development. As a consequence of the considerable development of new renewable projects and increased electricity use, the gas-insulated substation market is projected to present good potential in the future.

The market for gas-insulated substations is expected to grow over the following seven years as a result of rising demand for features including adaptability to fit in a structure. Compact power system demand is predicted to rise, driving worldwide market development. Its ability to function in difficult conditions such as the arctic and desert is expected to boost market size.

The market is benefiting from a considerable rise in power consumption in emerging nations as a result of various electrification initiatives. GIS is being used by several nations involved in cross-border power transmission to create lengthy transmission lines, distribution stations, and substations. The advent of digital monitoring systems that enable smart supervision of the operation of encapsulated switchgear components has benefited OEMs and distributors in the power transmission business. In recent years, manufacturers in the gas-insulated substations market have focused on commercializing products with sophisticated sealing systems and using low-weight gases, including non-SF6 gas. They are suited for arctic or desert environments due to their characteristics.

However, sulfur hexafluoride is a greenhouse gas, and its usage in substations is projected to slow market development. Moreover, the high cost of traditional power substations is projected to stymie market expansion and provide hurdles to industry participants.

Key Takeaways:

During the forecast period, the U.S. is estimated to account for the largest share of the global gas insulated substation market. This is attributed to regional key enterprises modifying their designs to meet the operating demands of their end users at a low price without sacrificing stability or employee safety, as world leaders in both medium and high-voltage SF6 Gas Insulated Substation (GIS) spanning from 24kV to 800kV.

During the forecast period, the Asia Pacific gas insulated substation market is expected to have the highest share, led by China and Japan. This is owing to market players who have successfully produced a standard series of phase-separated type or three-phase enclosed type GIS that achieves a very compact and exceptionally dependable construction, with years of experience.

Owing to its ability to be planted in small areas and also deployed in residential areas and industrial complexes where continuous electricity is required, along with its portability, the “indoor” installation type is expected to hold the greatest revenue, through the forecast period.

Competitive Landscape:

To promote the brand and income, industry participants engage in a flood of focused product releases and worldwide growth. They are also spreading their reach across many continents and entering new markets, particularly in emerging countries, in order to build their consumer base and enhance their position. As a result of the rising frequency of contaminations and the development of illnesses throughout the world, industry participants are also introducing new innovative products to the market. These reasons are expected to boost the growth of the global gas insulated substation market.

Key Players:

General Electric Company

Hitachi Ltd.

ABB Ltd.

Larsen & Toubro Limited

Siemens AG

Mitsubishi Electric Corporation

Eaton Corporation PLC

Toshiba Corp

CG Power and Industrial Solutions Ltd

Schneider Electric SE

Bharat Heavy Electricals Limited

Elsewedy Electric Co S.A.E.

Powell Industries Inc.

Hyosung Corp

Recent Developments:

In November 2018, ABB has been granted a contract by German grid operator Transnet BW for an electrical substation upgrade. ABB is responsible for installing the world’s first 380kV gas-insulated switchgear under the US$ 40 million contract.

In 2020, The Hitachi ABB Power Grids joint venture was formed by Hitachi Ltd. The new business is anticipated to offer financial power to support ambitious projects and new commercial potential as the sector embraces decentralization and digitization.

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Key Segments Profiled in the Gas Insulated Substation Market Survey

By Basis of Installation:

Indoor

Outdoor

By Voltage Rating:

Medium Voltage (Up to 72.5 kV)

High Voltage (72.5 kV – 220 kV)

Ultra-High Voltage (220 kV – 765 kV)

By End User:

Power Transmission & Distribution

Manufacturing & Processing

By Region:

North America

Latin America

Asia Pacific

Middle East and Africa (MEA)

Europe

[worldwideanalysis]

Gas Insulated Switchgear Market To Reach USD 36,400.7 Million by 2030

The total size of the gas insulated switchgear market was USD 22,457.4 million in 2022, and it will hit USD 36,400.7 million by 2030, advancing at a rate of 6.2% by the end of this decade, as per a report by P&S Intelligence.

The indoor category had the larger share, about 70%, in the past because indoor switchgear is much safer and dependable, needs less space than an outdoor system, and more robust and easier to uphold. Because of the grounded metal enclosures, the danger of electrocution is also reduced.

Also, it is more safe and less susceptible to ecological factors.

The outdoor category will grow at over 6% in the years to come. This substation was installed for meeting high voltage needs not associated with building construction. These substations are intended for voltage levels more than 66kV.

Furthermore, it makes it simple to surge the fitting of outdoor substations and visualize the gear of the outside substation.

The hybrid category dominated the gas insulated switchgear market with, over 40%, in the recent past. With the merger of more functions, the separation between components nearly reaches zero. The requirement for site space is greater for the AIS since permissions must be upheld between precise pieces of equipment, including CT, CB, ground switches, disconnectors, etc.

Furthermore, high-quality maintenance and preservation are required for AIS components. Instead, GIS has parts requiring less maintenance and upkeep. The incorporation of AIS and GIS nearly removes the necessity for maintenance of hybrid switchgear.

The power utility category dominated the industry and also will have the fastest growth in the years to come. The network of transmission has grown globally because of the increasing power requirements brought on by growing urbanization and population.

The transmission network will develop because of the increasing population, escalating the count of substations. This increase in substations will increase the requirement for gas-insulated switchgear.

APAC dominated the industry with around 40%, in the recent past because of the growing demand for electricity and increasing urbanization.

Furthermore, 2.2 billion people, or 54% of the global metropolitan population, reside in APAC. Also, the region’s urban population will increase by 50% by 2050, or by a further 1.2 billion people.

North America followed APAC in the past because of the increasing requirement for electricity and surging renewable energy. In the U.S., numerous sources of energy and technologies are put to use for generating electricity. Over time, technology and sources have changed, and some are now used more often than others.

It is because of the increasing demand for electricity all over the globe, the requirement for gas insulated switchgear will continue to grow considerably in the years to come.

[marketreportsdiscovery]

Based on the Gas Insulated Switchgear (GIS) market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields.

[balrajgis]

Sulfur Hexafluoride Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031 | Praxair, Linde

Global Sulfur Hexafluoride Market report from Global Insight Services is the single authoritative source of intelligence on Sulfur Hexafluoride Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Sulfur hexafluoride (SF6) is a colorless, odorless, non-toxic, non-flammable gas that is used in a variety of applications. SF6 is most commonly used in electrical equipment, such as circuit breakers and switchgear, because it is an excellent electrical insulator. SF6 is also used in other applications, such as in arc welding and in the production of magnesium metal.

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Key Trends and Drivers

The rising demand for electrical and electronics products is one of the major factors driving the growth of the SF6 market. SF6 is used in electrical equipment such as circuit breakers, switchgear, and gas-insulated substations due to its excellent electrical insulation properties. The growing demand for electricity in developed as well as developing countries is expected to boost the demand for electrical equipment, which in turn is expected to drive the growth of the SF6 market.

The increasing use of SF6 in magnesium production is another factor driving the growth of the SF6 market. SF6 is used as a shielding gas in the production of magnesium by the electrolytic process. The increasing demand for magnesium in the automotive and aerospace industries is expected to boost the demand for SF6.

SF6 low global warming potential makes it a desirable gas for use in a variety of applications. SF6 has a global warming potential that is approximately 23,900 times lower than that of carbon dioxide (CO2). This low global warming potential makes SF6 an attractive option for use in applications where greenhouse gas emissions need to be minimized.

Market Segments

By Product

Electronic Grade

UHP Grade

Standard Grade

By Application

Power & Energy

Medical

Metal Manufacturing

Electronics

Others

By Region

North America

U.S.

Canada

Europe

Germany

Key Players

Praxair

Linde

Air Products and Chemicals

Matheson Tri-Gas

Messer

Togas

Solvay

Honeywell

Daikin

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[thetejasamale]

Gas Insulated Switchgear Market– Know the Untapped Growth Opportunities to 2030

Gas Insulated Switchgear (GIS) is a metal enclosed switchgear that consists of components such as circuit breakers and disconnectors. Market Research Future (MRFR) has published a research report about the global gas insulated switchgear market that foretells advancement for this market at 8.77% CAGR (Compound Annual Growth Rate) during the forecast period between 2022 and 2030.

The key factors driving the global gas insulated switchgear market growth include a significant increase in electric power consumption and demand for electricity due to numerous electrification projects in several developing countries. Another factor contributing to market growth is the growing power consumption rate across developed countries.

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The global gas insulated switchgear market has been segmented on the basis of the end users, installation, voltage, and lastly, region. Based on end-users, this market has been segmented into infrastructure & transportation, transmission & distribution, and manufacturing. The installation-based segmentation segments the market into indoor installation and outdoor installation. Regarding voltage, the market has been segmented into up to 36 Kilo Volt (kV) and above 36 kV.

The regional segmentation of the global gas insulated switchgear market can segment the market into the regional markets namely North America, Europe, Asia Pacific, South America, and the Middle East & Africa (MEA). Asia Pacific region is the biggest regional market because countries like China, India, and Japan are investing in their grid expansion projects in order to increase distribution grid reliability. In these countries, the demand for electricity is growing due to industrialization and infrastructural developments. China, India, and Indonesia are also investing heavily in their hydroelectric power projects, leading to growing investments in transmission & distribution sector by connecting renewable energy generation to the grid. This is expected to boost the market for gas insulated switchgear in this region. Another important country-specific market in this region is Australia, followed by the remaining countries of the Asia Pacific region.

North America is another crucial regional market due to technological advancement and the presence of many key market players. The maximum-revenue generating country-specific markets in this region are the USA, Canada, and Mexico.

Europe is another significant regional market primarily due to the vibrant automotive industry, the presence of many key market players, and the technological advancement that is second only to North America. The vital country-specific markets in this region are France, Germany, Italy, Russia, and the UK, followed by remaining countries of Europe.

South America is a smaller market because the availability of advanced technology is limited in this region. The key country, specific markets in this region are Argentina and Brazil, followed by the remaining countries of South America. In the MEA region, the market is limited due to poor countries, lack of awareness, lack of education, lack of skilled labor, and lack of technological advancement. The main country-specific markets in this region are Saudi Arabia, Qatar, and UAE, followed by the remaining countries of the MEA region.

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Key Players

The key players in the global gas insulated switchgear market include ABB (Switzerland), CG Power (India), Fuji Electric (Japan), General Electric (USA), Hyosung (China), Larsen &Toubro (India), Mitsubishi Electric (Japan), Nisin Electric (Japan), Siemens (Germany), and Toshiba (Japan).

Latest Industry News

Mitsubishi Electric Corporation has developed two technologies for gas-insulated switchgear. One is an arc-cooling technology that has reduced the interruption of electrical current in sulfur-fluoride (SF6) gas-insulated switchgear used in high-voltage power systems by 25%. The high-density dielectric coating technology improves insulation performance by 30% in high-voltage conductors. 4 FEB 2019

Kanohar Electricals has commenced Uttarakhand's first 220/ 33Kv Gas Insulated Substation in their electrical transmission network in Dehradun. 14 FEB 2019

[captainvileshmodiworld-blog]

Global Gas Insulated Switchgear (GIS) Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global Gas Insulated Switchgear (GIS) Market 2019-2024 added by DecisionDatabases.com

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.

The worldwide market for Gas Insulated Switchgear (GIS) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.

This report focuses on the Gas Insulated Switchgear (GIS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/28915-gas-insulated-switchgear-gis-market-analysis-report

Market Segment by Manufacturers, this report covers

ABB

Siemens

ALSTOM

CG

GE

Mitsubishi

Fuji Electric

Schneider

Hyundai

NHVS

CHINT Group

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Up to 38 KV

38 KV-72KV

72 KV-150KV

Above 150 KV

Market Segment by Applications, can be divided into

Power Transmission

Integration of Renewable Power Generation Units to the Grid

Industry Applications

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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Gas Insulated Switchgear (GIS) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Gas Insulated Switchgear (GIS), with price, sales, revenue and global market share of Gas Insulated Switchgear (GIS) in 2017 and 2018. Chapter 3, the Gas Insulated Switchgear (GIS) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Gas Insulated Switchgear (GIS) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Gas Insulated Switchgear (GIS) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Gas Insulated Switchgear (GIS) sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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Other Reports by DecisionDatabases.com:

Global Medium Voltage Switchgears Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 @ https://www.decisiondatabases.com/ip/23468-medium-voltage-switchgears-market-analysis-report

Global LV and MV Switchgear Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/41384-lv-and-mv-switchgear-industry-analysis-report

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[marketresearchcapture]

This report elaborates the market size, market characteristics, and market growth of the Gas Insulated Switchgear (GIS) industry, and breaks down according to the type, application, and consumption area of Gas Insulated Switchgear (GIS). The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

[rahulpande15]

Shunt Reactor Market Size, Trends, Analysis & Outlook 2022-2030

The global shunt reactor market analysis is growing rapidly. The market growth attributes to the rising demand for shunt reactors due to the growing transmission and distribution industries across the globe. Besides, increasing deployments of high voltage transmission lines and cable systems create substantial market demand. Moreover, increasing demand from high voltage (HV), extra high voltage (EHV) systems, and electrical substations escalate the shunt reactor circuit market growth.

According to Market Research Future (MRFR), the global shunt reactor market is poised to create a valuation of USD 3.51 BN by 2025, growing at 4.66% CAGR during the review period (2019-2025). Rising installations of shunt reactors in onshore substations and offshore wind farm projects worldwide boost the market demand. Also, increasing numbers of contracts covering the supply of shunt reactors, air-insulated switchgear (AIS), gas-insulated switchgear (GIS) equipment, influence the market growth.

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Global Shunt Reactor Market   - Segments

The report is segmented into four dynamics;

By Type                 : Oil-immersed and Air-core.

By Application  : Variable and Fixed.

By End Use         : Electric Utilities and Industrial Verticals.

By Regions         : Europe, Americas, Asia Pacific, and the Rest-of-the-World.

Global Shunt Reactor Market   - Regional Analysis

Asia Pacific region dominates the global shunt reactor circuit market. The considerable market share attributes to the increased investments in the smart grid infrastructure development and modernization & upgrades of electrical networks in the region. Besides, the growing dependence on renewable power generation sources and infrastructural activities has been driving the regional market growth.

Moreover, the rising demand for electricity due to the rapid urbanization & industrialization, and ever-increasing population substantiates the shunt reactor market size. China and India account for a sizable share in the regional market due to investments in developing T&D networks. The APAC shunt reactor market is projected to retain its dominance throughout the

North America stands second in the global shunt reactor market. The market growth is driven by the increase in smart grid activities and rising investments in renewable sources. Additionally, massive investments in electric utilities and industrial verticals create high growth potential for the regional market. Furthermore, increased power consumption in the region fosters market growth, creating a huge energy demand.

The overall growth across industries in this region, and volatility in global fuel prices create substantial market demand. Also, the spurting increase in population and industrialization accelerate the regional market growth. The North American shunt reactor market is expected to achieve remarkable growth during the forecast period.

The Europe shunt reactor circuit market is growing briskly. Factors such as the rapidly growing industries and rising numbers of refineries in the region drive the market demand hugely. Besides, the augmenting demand for energy across the industrial sector in the region acts as a key growth driver. The European market is estimated to create a substantial revenue pocket over the assessment period.

Shunt Reactor Market   - Competitive Analysis

Highly competitive, the global shunt reactor circuit market appears diversified due to the presence of many well-established players. Matured players adopt strategies such as mergers & acquisitions, expansions, collaborations, and product/technology launch to gain a larger competitive share.

Major Players:

Players leading the global shunt reactor market include The key players operating in the global shunt reactor market are Siemens AG (Germany), Zaporozhtransformator (Ukraine), ABB (Switzerland), Hyundai Heavy Industries (Korea), Crompton Greaves (India), Fuji Electric Co. Ltd (Japan), TBEA (China), Mitsubishi Electric Corporation (Japan), and TRENCH Group (France), Hilkar (Turkey), among others.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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[blueweave]

Global Gas Insulated Switchgear Market Set to Witness Promising Growth: Likely to Grow at a CAGR of 7.7% by 2027

A study, recently conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that the global gas insulated switchgear market was worth USD 12,800.0 million in 2020. The data yielded by the study revealed that the market is estimated to grow at a CAGR of 7.7%, earning revenue of around USD 21,413.8 million by the end of 2027. The factors contributing to the growth of the global gas insulated switchgear market include the growing demand for more energy-efficient equipment for insulation capabilities, and favorable government initiatives promoting the use of renewable energy in the power utility sector. Furthermore, the presence of advanced transmission and electricity distribution equipment manufacturers in North America is driving demand for gas insulated switchgear. All such factors are propelling the growth of the global gas insulated switchgear market.

Increasing demand for electric vehicles is driving the global gas insulated switchgear market

The demand for electric vehicles is increasing rapidly and governments of different countries are taking initiatives to develop their respective infrastructure to support the growing demand and sales of electric vehicles. Electric vehicles reduce carbon emissions and make it easier for governments to shift from fossil fuels to renewables and unconventional energy sources. According to the Global EV Outlook Report of 2021, 2020 was a record-breaking year for EV sales despite the COVID-19 pandemic, resulting in a 43% increase in the stock of the EVs as against 2019 reaching 10 million EVs. The demand for electric vehicles is expected to increase even more in the coming years. The governments are looking to invest to develop infrastructure in anticipation of the same.

The rising number of smart city projects propelling the demand for gas insulated switchgears

Many countries like Dubai, China, Australia, Singapore, India, Saudi Arabia have launched smart city projects in their respective countries. For instance, the Saudi government has pledged USD 500 billion for building the most advanced city in the world named “Neom.”  The Indian government has also launched smart city projects consisting of 5151 proposed projects with a total investment of USD 27.40 billion. According to Forbes, Singapore is the current top smart city investor, followed by Tokyo, New York, and London. Forbes further states that the U.S., Western Europe, and China account for over 70% of the world’s total spending on smart cities with Latin America and Japan experiencing the fastest growth in smart city investment. GIS (gas-insulated switchgear) requires less space, less maintenance, and there is a low risk of a power outage. Thus, the growing number of smart city projects around the world presents a lucrative growth opportunity for the growth of the global gas insulated switchgear market.

Global Gas Insulated Switchgear Market - Impact of COVID-19 in the industry

The coronavirus outbreak led to a substantial decline in the growth of the global gas insulated switchgear market. Not only did the pandemic affect the individuals, but it also aggravated the situation of businesses that were already tackling the wrath of the weak supply chain. The government-led orders for the closure of businesses led to the shutdown of the factories and other industries that were non-essential. The measures resulted in a severe negative impact on the growth of the global gas insulated switchgear market. The pandemic had the greatest impact on the supply side of the market, resulting in a severe decline in the production of critical raw materials used in the development of gas insulated switchgear, such as copper, aluminium, iron, cobalt, phosphate, alloy, steel, and others, resulting in such a sharp decline in the global gas insulated switchgear market. Besides, the rising number of vaccination rollouts across North America, Europe, Asia-Pacific, and the Middle East is indicative of the fact that the economies are on the verge of starting a new normal. The global supply chain disruption, however, remains a major challenge in front of the industries.

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The indoor gas insulated switchgear installation garners the larger share in the global gas insulated switchgear market

Based on insulation, the global gas insulated switchgear market is grouped into SF6 and SF6-Free. The SF6 segment accumulated the highest market share in the global gas insulated switchgear market in 2020. On the contrary, SF6-Free technology is anticipated to grow at the fastest CAGR in the forecast period. According to the European Commission, the European Union has stated that they are allocating approximately USD 134.8 million across 32 innovative projects, which are to be implemented across 14 EU Member States, Norway, and Iceland. The investment grants are intended to demonstrate the government's support for low-carbon technologies such as SF6–Free gas insulated switchgear, which is expected to increase demand for such technologies in the coming years due to its climate-neutrality and highly reliable transmission operation capabilities, demonstrating a huge potential for growth in the global gas insulated switchgear market.

North America accounted for the highest share in the global gas insulated switchgear market

Based on geography, the global gas insulated switchgear market is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia Pacific held the largest share in the global gas insulated switchgear market in 2020. On the other hand, North America is also catching up with an impressive growth rate. According to the U.S. Energy Information Administration, the United States has been witnessing a sharp increase in expenditures incurred on the development and acquisition of electric transmission systems. The investments include the maintenance and operational activity of such systems. The country also witnessed a jump of around 3% from 2018-2019 to reach USD 40.1 billion in 2019 in investments for the development of electric transmission systems. As the investment in such a sector generates demand for highly-efficient transformers, the demand for electricity supply may also surge. Since switchgear offer protection to the unaffected components by insulating them and maintaining a constant power supply, the demand for such equipment are rising, thus, positively contributing to the growth of the global gas insulated switchgear market.

Global Gas Insulated Switchgear Market - Competitive Landscape

The major companies in the global gas insulated switchgear market include Siemens AG, Schneider Electric SE, Eaton Corporation Plc, General Electric Company, Hitachi Ltd., Toshiba Corporation, ABB Ltd., Mitsubishi Electric Corporation, Huayi Electric Co., Ltd., Fuji Electric Co., Ltd., Meidensha Corporation, Henan Pinggao Electric Co., Ltd., Nissin Electric Co. Ltd., Hyosung Heavy Industries Co. Ltd., Entec Electric & Electronic Co., Ltd., Switchgear Company, LS Electric Co. Ltd., CG Power and Industrial Solutions Limited, Hyundai Heavy Industries, BGR Energy Systems Limited, Sieyuan Electric Co. Ltd. and other prominent players. The global gas insulated switchgear market is consolidated as it is highly regulated, limiting the entry of newer players to establish themselves. Since end-users prefer larger players in the market for the operational and maintenance services, they maintain a higher influence in the global gas insulated switchgear market.

Do not miss the business opportunity of the global gas insulated switchgear market. Consult our analysts to gain crucial insights, and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global gas insulated switchgear market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global gas insulated switchgear market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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E-House Market Growth Analysis By Size, Share, News, Demand, Opportunity During 2020-2025

The E-House market is expected to reach a CAGR of 6.5% during the forecast period of 2020 and 2025. E-house is customized pre-assembled and pre-tested modular power substations. By adding more intelligence to e-houses, it consolidates electrical and process control systems into one solution. Today more EPCs (Engineering, Procurement, and Construction) are using an intelligent packaged power system and expected that during the forecasted period, it supports the market growth. It can further help to reduce the design time and costs. Further, a unified system allows a transition from hard-wired to a networked approach with a reduction in material, labor, and documentation costs. It also supports end-user by one system for control, visualization, archiving, and reporting, which allow them to access real-time data from intelligent electrical devices to help operations and maintenance personnel make smarter faster decisions. - Adoption in the replacement of SF6 to lower environmental impact is driving the market. For decades, the unique properties of SF6 (Sulfur Hexafluoride) have made it popular as insulation and switching medium for electrical switchgear in e-house. However, SF6 is greenhouse gas, and its life-cycle management costs are incurred, particularly when the decommissioning of aging substations is on the rise. In recent years, ABB has been conducting research for alternatives with lower environmental impact with arc interruption and insulation properties similar to SF6. This mission has now been executed, and the world’s first gas-insulated switchgear (GIS) pilot installation to use a new gas mixture has recently been commissioned in Switzerland.

Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-85984 - Further global manufacturers of medium-voltage switchgear are now seeing increased exposure to product stewardship requirements as a part of new equipment purchase contracts. Product stewardship is loosely defined as an elemenSF6t of Environmental, Health, and Safety (EHS), which includes a product-centered approach to environmental protection focusing on reducing the environmental impacts of products. These all factors support the drawback of SF6, and introducing new alternatives further helps to grow the demand of e-house in the market. - The digitalization of e-house is driving the market. The digital revolution is in progress and has already taken great steps in the energy segment, and it’s bringing immense opportunities and benefits. The impact of digitalization on electrical distribution is intended to improve operations and increase flexibility throughout the power value chain, from generation to customer relationship management. Already today, installing digital switchgear contributes greatly to increasing operation efficiency by optimizing switchgear footprint in the substation room and by using the energy efficiently for switchgear operation.

- For instance, in medium-voltage switchgear at 11 kV consisting of 30 panels, the width can be reduced by approx. 7% and switchgear energy consumption can be reduced by approx 300MWh during its lifetime. Today governments and regulatory bodies encourage smarter measuring systems and greener standards for generation and consumption and to use resources in a more efficient way. These initiatives create a demand for smarter distribution equipment such as digital switchgear, which assists in the growth of the market. ABB AbilityTM platform not only gives the possibility to link separate e-houses worldwide but also to gather data and conduct detailed, performance-enhancing analytics. - However, the impact of COVD-19 affected e-house market growth. The COVID-19 pandemic has shattered oil demand, sunk prices, and is posing a significant risk for those involved in oil extraction and processing. The disruption to Chinese oil has affected around the world. In February, the IEA noted demand had fallen by 435,000 barrels per day (BPD) in the first quarter of this year alone, which is the first quarterly contraction in demand in more than a decade. With the industry shut down and no new industry expansion and development, the demand for e-house has shattered significantly. - However, OPEC+ agreed to curtail oil production by approximately 10.0% (9.7 million barrel/day) by May 1. Further, the tight working conditions of mining facilities means workers are at the greatest immediate risk, and mining operations around the world have been placed into shutdown. For instance, South Africa’s platinum mines have been idled for the past three weeks since the last week of March 2019. Such instances highly affect the demand for mobile substation e-house. However, the Government of South Africa has agreed to allow the mining sector to operate at up to 50% of its production capacity during the nationwide lockdown, which can significantly cater to the demand. Key Market Trends Upstream Sector in Oil and Gas to Witness Significant Share - The exploitation of shale reserve has led to an increase in demand for energy and power services. According to IEA, the global gas demand is expected to grow by 1.6% a year for the next five years, with consumption reaching almost 4,000 billion cubic meters (bcm) by 2022, up from 3,630 bcm in 2016. China will account for 40% of this growth. Hence, the upstream segment is expected to be one of the largest segment for the e-house market. - Traditionally, players in the oil and gas industry obtain their switchgear, drives, and automation systems from multiple electrical equipment suppliers and obtain their electrical houses through fabricators. But the demand to reduce risk, costs, and delivery time has steered the industry away from this practice, and the part of CAPEX in the upstream sector is contributed to the e-house. - There is a clear trend towards consigning an integrated, installed, and pre-commissioned electrical and automation system together with the complete electrical house through various players. For instance, in June 2019, a multi-level E-house designed, engineered, and manufactured by Shaw Controls has been supplied as a fit-for-purpose solution at a South African port. - The solution comprises five modules: three at ground level, with two above. The substantial structure, including all electrical substation equipment, weighs approximately 90 tonnes. Further, an additional E-house comprising one module for a separate LV substation has also been supplied. - Further players such as Enexis announced to deploy eleven e-house substations in the northern Netherlands, where grid capacity for large scale clean energy projects, including oil and gas projects, is limited. The company said it would invest EUR 43 million in the plan to speed up the energy transition. - Further new construction projects for oil and gas are investing in the e-house deployment, which adds to the growth of the market. For instance, Petrobras announced they are developing a new natural gas processing plant in the site of its Rio de Janeiro Petrochemical Complex (Comperj) in Rio de Janeiro, Brazil. The plant, known as UPGN, is a part of the Rota 3 or Route 3 pipeline project and will be the largest of its type in the country. - It is estimated to cost around USD 600 million, where the plant will also be equipped with two processing trains. It will feature a customized e-house electrical solution, which will be the largest in Latin America. The e-house will be a modular outdoor enclosure covering an area of 800m². It will house electrical equipment, including transformers, switchboards, voltage panels, and bus ducts. The solution will connect all the electrical equipment involved in providing power, protection, and distribution, and reduce the risk of outages.

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North America Accounts to Hold Significant Market Share - North America is accounted for to hold a significant market share. With increasing industrial units in oil and gas, mining, etc., and further with the residing of global players such as ABB Ltd, Siemens AG, etc., the market tends to grow significantly. - Canada is one of the largest producers of oil and gas in the world. Their oil and gas industry plays an important role in the country’s economy. Oil sands remain its primary source of hydrocarbon production, comprising over 90% of the country's total oil reserves. As per the Canadian Association of Petroleum Producers (CAPP), the oil production in the country is expected to reach 5.4 billion bbl/d in 2030, and oil sands are expected to account for 70.7% of the total production. This caters to the demand of e-house during the forecasted period. - Further, according to the US Geological Survey, the capacity utilization of the United States mining industry is gradually increasing since 2016. In 2019, capacity utilization increased to 91%. ABB provides pre-fabricated containerized e-houses for mining applications. The e-house can also be installed close to the main loads, which reduces the power and control cable size and length. Its ABB's MineOptimize e-house solution can lead to cost savings upto 40%. - Further, utilities provide the public with essential commodities or services such as power, water, and natural gas. The number of electric utility companies operates in the United States country is estimated at over 3,300, with around 200 of them providing power to the majority of users. Further applications in an internal and external lighting system, fire suppression system, Heating, ventilation, and air-conditioning (HVAC) drives the growth of e-house in the United States. - Furthermore, Huge shale gas development across North America and offshore deepwater exploration and production activities were the hallmarks of the oil & gas industry in the past decade owing to advancements in technologies. However, the crude oil price plunge has impacted this industry in the past few years, and its trading way below its all-time high. FPSO/FSO and wellhead platform for offshore production and refining complexes require an integrated electrical solution, which led the oil & gas industry for the demand of an e-house solution. Competitive Landscape The e-house market is fragmented in nature due to a greater number of companies offering an e-house solution. Further, with the current presence of numerous international and regional players, they are offering innovative solutions to save the energy in industrial units with other functionality that results in a highly competitive market environment. Key players are ABB Ltd, Siemens AG. Recent developments in the market are - - February 2020 - GE Power successfully delivered an e-house and VSDS to the petrochemical plant controlled by Shell Nederland Chemie B.V. GE’s VSDS encompasses high-speed induction motor and variable speed drive, steadily reaching over approximately 90% energy efficiency for the compressor train. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support

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Switchgear Monitoring System Market Research Report

Switchgear Monitoring System Market

Growth opportunities in the switchgear monitoring system market look promising over the next six years. This is mainly due to the rising demand for safe and protective electrical systems in the industrial and residential industries and the increase in focus of the several governments to create sustainable energy.

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Switchgear Monitoring System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Rapid urbanization and industrialization, along with the growing demand for safe and preventive electrical systems in industrial, commercial, and residential sectors, are the prominent drivers responsible for the growth of the global switchgear monitoring market. Also, the monitoring system attained significant acceptance in the residential and industrial areas to evade the breakage of the circuit and enable a safe flow of current which mechanical components failed to offer under adverse cases. Moreover, factors that include the increasing government emphasis on generating sustainable energy with expanding dependency on electrical assets and decreasing the downtime for less financial losses, along with the fuelling energy demand for the household, have promoted market growth.

Additionally, the stimulation in the world's energy consumption led by the accelerating population and rising industrialization will propel the market size. For example, the International Energy Agency in 2018 reported that the world's total electricity consumption raised by 4% and reached 22 315 TWh because of the expanding electricity demand. Furthermore, many leading market players are implementing improved technology sensors and devices to enhance the current flow required by the industrial and residential sectors to save the electricity supply. ABB, in 2018, introduced the modern edition of digital switchgear SafeGear Digital that incorporated innovative technologies for its customers to meet higher performance requirements and the growing sophistication of power distribution systems. However, excessive installation and manufacturing expenses owing to the variation in prices of raw materials will obstruct the switchgear monitoring market size.

Monitoring Segment Drivers

Based on the monitoring, temperature monitoring is expected to dominate the market over the forecast period. This is primarily attributed to the growing demand for nuclear energy and examining temperature in the power distribution lines. For instance, as per the World Nuclear Energy Organization, nuclear energy has generated approximately 10 % of the total world's electricity with enduring nearly 440 nuclear power reactors. Nuclear plants supplied 2657 TWh of electricity in 2019, up from 2563 TWh in 2018.

Switchgear Monitoring System Market’s leading Manufacturers:

·         Schneider Electric

·         Koncar – Electrical Engineering Institute, Inc

·         Eaton

·         Siemens

·         TRAFAG AG.

·         Mitsubishi Electric Corporation.

·         Tiara Vibrasindo Pratama

·         SENSeOR

·         General Electric.

·         ABB

Switchgear Monitoring System Market Segmentation:

Segmentation by Type

·         Gas-insulated high-voltage switchgear (GIS)

·         Air-insulated high-voltage switchgear (AIS)

Segmentation by Voltage

·         Low

·         Medium

·         High

Segmentation by Component

·         Hardware

·         Software and Services

Segmentation by Monitoring

·         Gas Monitoring

·         Temperature Monitoring

·         Partial Discharge Monitoring

·         Others

Segmentation by End-User

·         Utilities

·         Industrial

·         Commercial

·         Residential

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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Sulfur Hexafluoride Market Size | Trends, Share, Growth, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2027

According to MRFR analysis, Sulfur Hexafluoride Market was valued at USD 251 million in 2018 and is projected to register a CAGR of 6.1% during the forecast period, 2019–2025.

SF6 offers dielectric strength (it rapidly quenches electrical discharges), chemical stability during electrical operations, excellent thermal conductivity, and easy synthesis.

Pricing and Regulatory Analysis

In 2018, sulfur hexafluoride was priced between USD 5 and USD 10 per kg across the globe.

The United Nations Framework Convention on Climate Change (Kyoto Protocol, 1997) considers SF6 as a most potent greenhouse gas with high global warming potential.

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SEGMENTATION

By Grade

Standard Grade: The segment dominated the global sulfur hexafluoride market by value in 2018 owing to its vast usage in the power & energy sector for applications such as high-voltage circuit breakers, switchgear, gas-insulated switchgear (GIS), and others.

Electronics Grade: It is used in the manufacturing of particle accelerators, integrated circuits, and an etchant for chamber cleaning.

Ultra-high purity Grade: It is the purest form of sulfur hexafluoride with no contamination. It is majorly used in the manufacturing of semiconductors and in non-invasive medical surgeries that require zero contamination.

By Application

Power & Energy: The segment accounted for the largest share of the global sulfur hexafluoride market in 2018. The dielectric property of SF6 allows its use in the manufacturing of high-voltage circuit breakers, switchgear, gas-insulated switchgear (GIS), high voltage transformers, gas-insulated power substations, gas-insulated transmission lines, particles accelerators, and distribution voltage, which are utilized in the power & energy sector. The growth of the power & energy sector in developing economies is expected to augment the demand for sulfur hexafluoride and thus boosting the segment’s growth.

Electronics: SF6 is used in the manufacturing of electronic components such as semiconductors, integrated circuits, radar equipment, microwave antennas, and generators.

Medical: SF6 is used in non-invasive medical surgeries. It acts as a plug during retinal detachment surgeries; contrasting agent in ultrasound imaging; helps to determine & examine the exact location & cause of the ailment during the echocardiogram, and increases the visibility of blood vessels during ultrasound imaging. It is also employed to examine various medical conditions, such as tumors, uterine fibroids, and adenomyosis, among others.

Metal Manufacturing: SF6 is utilized in the foundry and metal casting of magnesium and aluminum. It prevents the formation of harmful byproducts in magnesium casting as well as used as a degassing agent in aluminum casting. The gas reduces molten metal waste by preventing rapid oxidation of metals when they come in contact with the air. This helps the manufacturers to minimize their production costs, which is projected to drive the product demand in metal casting.

Window Glass: SF6 is utilized for insulating windows to reduce heat transfer and sound dampening.

Others: The other segment includes leak detection, shock absorbers, and tracer in monitoring air pollution.

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By Region

North America and Europe: Stringent regulatory framework is affecting the growth of the product market in these regions.

Asia-Pacific: Most opportunistic market, owing to the flexible regulatory framework, large-scale SF6 production and thus availability at low cost, rapid industrialization, and low labor cost, among others.

Latin America and the Middle East & Africa: These regions held the least market shares of the total market. Moreover, it is expected to register positive growth in the coming years.

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Gas Insulated Switchgear (GIS) Market Trends & Industry Forecast Report 2021-2025 | ABB, Schneider, CG, Siemens

A new informative report on the Gas Insulated Switchgear (GIS) Market was recently published by Acquire Market Research and added to its extensive database for creating better strategic business decisions. It uses various proven research methods like primary and secondary research methods to gather data from various sources. It includes an in-depth analysis of the worldwide segments and sub-segments of the market that contributes to understanding the present status of the Gas Insulated Switchgear (GIS) market. additionally, some key graphical presentation techniques, like charts, graphs, charts, and pictures, are wont to help readers understand. additionally, it provides full data on various business outlooks like market shares, drivers, restraints, recent innovative trends, and challenges before the Gas Insulated Switchgear (GIS) market.

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Key Players In the Gas Insulated Switchgear (GIS) Market:

ABB, Schneider, CG, Siemens, Fuji Electric, ALSTOM, NHVS, Mitsubishi, GE, Hyundai, CHINT Group

The key Gas Insulated Switchgear (GIS) players, their company profile, market share, revenue, and SWOT analysis are conducted in order that readers can make informed decisions. This comprehensive industry report helps market players understand the feasibility and market opportunities of investing in several industries. The competitive Gas Insulated Switchgear (GIS) industry scenarios supported by price and gross profit margin analysis are studied during this report. All the key factors like consumption, price trends, market share, import/export details, and manufacturing capacity are included in this report. The SWOT analysis of major Gas Insulated Switchgear (GIS) players helps readers analyze market development opportunities and threats. the longer-term prediction market information results in strategic planning and informed decision-making processes. It analyses emerging Gas Insulated Switchgear (GIS) market sectors, mergers, acquisitions, and market risk factors to the industry are analyzed.

Product Type segmentation:

Up to 38 KV, 38 KV to 72KV, 72 KV to 150KV, Above 150 KV

Apart from that, the application market is segmented into:

Power Transmission, Integration of Renewable Power Generation Units to the Grid, Industry Applications

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By Geographical Regions:

North America (the U.S., Canada)

Latin America (Brazil, Mexico, Argentina, and other countries)

Asia Pacific (India, Japan, China, Australia, and New Zealand, and other countries)

Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries)

Middle East and Africa (GCC, South Africa, Israel, and Other countries)

📷

Gas Insulated Switchgear (GIS) Market Forecast to 2026

Major Key factors covered within the report:

Global Gas Insulated Switchgear (GIS) Market Report 2021 Market summary

Economic Impact on the Industry

Market Competition in terms of Manufacturers

Production, Revenue (Value) by geographical segmentation

Production, Revenue (Value), Price Trend by Type

Market Analysis by Application

Industrial Chain, staple sourcing strategy and Downstream Buyers

market Strategy comprehension, Distributors and Traders

Study on market research Factors

Global Gas Insulated Switchgear (GIS) Market Report 2021 Market Forecast

This Gas Insulated Switchgear (GIS) Market Research/analysis Report Contains Answers to your following questions:

Which Manufacturing Technology is employed for a Gas Insulated Switchgear (GIS)?

Which Trends Are Causing These Developments?

Who Are the worldwide Key Players during this Gas Insulated Switchgear (GIS) Market?

What are Their Company Profile, Their Product Information, and get in touch with Information?

What Was Global Market Status of the Gas Insulated Switchgear (GIS) Market?

What Was Capacity, Production Value, Cost, and PROFIT of Gas Insulated Switchgear (GIS) Market?

What Is the Current Market Status of the Gas Insulated Switchgear (GIS) Industry?

What’s Market Competition during this Industry, Both Company, and Country Wise?

What’s market research of Gas Insulated Switchgear (GIS) Market by Taking Applications and kinds in Consideration?

What Are Projections of worldwide Gas Insulated Switchgear (GIS) Industry Considering Capacity, Production and Production Value?

What Are Projections of worldwide Gas Insulated Switchgear (GIS) Industry Considering Capacity, Production and Production Value?

What is going to be Market Share, Supply, and Consumption?

What about Import and Export?

What Is Gas Insulated Switchgear (GIS) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

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Gas Insulated Switchgear Market 2020 Industry Size, Business Opportunities, Top Key Players, and Global Analysis by Forecast to 2027

Fortune Business Insights offers a detailed overview of the global market in a report, titled The global gas insulated switchgear market size is projected to reach USD 36.60 billion by 2026 on account of the increasing demand for energy worldwide. Gas insulated switchgear market is a substation with high voltage wherein major electrical equipment is placed in a sealed environment with an insulating medium, i.e., sulfur hexafluoride gas or SF6. All electrical switching equipment such as busbars, earth switches, isolators, circuit breakers, and others are completely enclosed inside modules filled with the SF6 gas. A recently published report by Fortune Business Insights™ titled, “Gas Insulated Switchgear Market Share, Size and Industry Analysis, By Voltage (Up to 66 kV, 66 kV - 170 kV, 170 kV - 550 kV, and Above 550 kV), By Installation (Indoor and Outdoor), By End User (Utility, Industrial, Commercial, and Others), and Regional Forecast, 2019-2026.” offers a comprehensive overview of the market and its prime growth trajectories. According to this report, the market value stood at USD 21.13 billion in 2018 and will rise at a CAGR of 7.2% during the forecast period, 2019 to 2026.

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The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

List of Gas Insulated Switchgear Market Manufacturers include:

Siemens

Fuji Electric

Mitsubishi Electric Corporation

Hitachi, Ltd.

Nissin Electric Co Ltd

Meidensha Corporation

CHEM Group

ABB

Schneider Electric

Hyundai Electric & Energy Systems Co., Ltd.

Eaton

GE

Toshiba International Corporation

Larsen & Toubro

Bharat Heavy Electricals Limited

Other Players

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Reasons to Purchase this Report of Gas insulated switchgear market:

Comprehensive analysis of the Hemostatic Agents Market growth drivers, obstacles, opportunities, and other related challenges.

Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.

Identifies market restraints and boosters.

Identifies all the possible segments present in the market to aid organizations in strategic business planning.

Market Drivers

"Improving Grid Infrastructure Will Aid in Expansion of Market"

Factors adding momentum to the gas insulated switchgear market growth include the increasing demand for energy and power, rise in construction and upgradation of the power grid, and the rise in investments in transmission and distribution infrastructure. On the contrary, factors such as the high cost of equipment and stringent government laws imposed on environment and safety regulations will affect the market negatively. Nevertheless, the increasing focus on renewable energy production is likely to create lucrative growth opportunities for the market in the forecast duration

Segmentation Gas insulated switchgear market:

By Voltage

Up to 66 kV

66 kV - 170 kV

170 kV - 550 kV

Above 550 kV

By Installation

Indoor

Outdoor

By End User

Utility

Industrial

Commercial

Others

By Geography

North America (the U.S. and Canada)

Europe (U.K., Germany, France, Italy, Spain, Russia, and the Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, and the Rest of Asia- Pacific)

Latin America (Brazil, Mexico, and the Rest of Latin America)

Middle East & Africa (South Africa, GCC and the Rest of Middle East & Africa)

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Regional Segmentation:

"Upgradation of Hydropower Plants Will Help Europe Dominate Market"

Geographically, Europe will hold the dominant gas insulated switchgear market share on account of upgradation of hydropower plants, increasing power consumption, and government initiatives that were taken for improving grid infrastructure. Additionally, the increasing investments in the expansion of distribution and transmission networks will help Asia Pacific hold a notable share. Besides this, the North America market will witness significant growth on account of major investments made for the enhancement of transmission, distribution, and the overall performance of the generation of electric power for avoiding losses. Most companies located in this region are acquiring their substation for efficient and reliable power transmission which will ultimately add significant value to the regional market. The Middle East and Africa market, on the other hand, will rise remarkably on account of the dominance of oil and gas plants that further emphasizes the enhancement of distribution and transmission of electric power. Countries in Africa are emphasizing on increasing their grid infrastructure for aiding in the expansion of the market in the forecast period.

Table Of Content Gas insulated switchgear market:

1 Introduction

Research Scope

Market Segmentation

Research Methodology

Definitions and Assumptions

2 Executive Summary

3 Market Dynamics

Market Drivers

Market Restraints

Market Opportunities

4 Key Insights

Key Emerging Trends – For Major Countries

Latest Technological Advancement

Regulatory Landscape

Industry SWOT Analysis

Porters Five Forces Analysis

5 Global Gas Insulated Switchgear Market Analysis (USD Billion), Insights and Forecast, 2015-2026

5.1 Key Findings / Summary

5.2 Market Analysis, Insights and Forecast – By Voltage

Up to 66 kV

66 kV - 170 kV

170 kV - 550 kV

Above 550 kV

5.3 Market Analysis, Insights and Forecast – By Installation

Indoor

Outdoor

5.4 Market Analysis, Insights and Forecast – By End-User

Utility

Industrial

Commercial

Others

5.6 Market Analysis, Insights and Forecast – By Region

North America

Latin America

Europe

Asia Pacific

Middle East and Africa

6 North America Gas Insulated Switchgear Market Analysis (USD Billion), Insights and Forecast, 2015-2026

6.1 Key Findings / Summary

6.2 Market Analysis, Insights and Forecast – By Voltage

Up to 66 kV

66 kV - 170 kV

170 kV - 550 kV

Above 550 kV

6.3 Market Analysis, Insights and Forecast – By Installation

Indoor

Outdoor

6.4 Market Analysis, Insights and Forecast – By End-User

Utility

Industrial

Commercial

Others

6.5 Market Analysis, Insights and Forecast – By Country

U.S.

Canada

TOC Continued....!

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Competitive Landscape:

"Heavy Investments on Construction of New Substations to Bode Well for Players"

Players operating in the global market for gas insulated switchgear are adopting various strategies to gain a competitive edge in the market. These strategies include mergers and acquisitions, contracts, agreements, and partnerships, joint ventures, and others. Players are also investing heavy amounts on the construction of new substations for attracting high gas insulated switchgear market revenue in the forthcoming years.

"Key Industry Developments of the Gas Insulated Switchgear Market include"

November 2018 – Bergenshalvoens Kommunale Kraftselskap (BKK Nett) awarded a contract to Siemens Energy Management for supplying the world’s first SF6-free GIS with vacuum and clean air interruption systems for a voltage level of up to 145 kV.

December 2019 – Italy’s transmission system operator (TSO) awarded a USD 100 million contract to ABB for supplying GIS and building _high-voltage substations in Obermooweiler, Baden-Wuerttemberg.

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