Stratistics Market Research Consulting

Gas Insulated Switchgear Market Report 2017, Trends, Analysis, Share, Estimates and Forecasts to 2022.

Press Release   •   Aug 16, 2017 01:13 EDT

According to Stratistics MRC, the Global Gas Insulated Switchgear market is accounted for $15.4 billion in 2015 and is expected to reach $31.6 billion by 2022 growing at a CAGR of 10.8% from 2015 to 2022. Increasing demand for Gas Insulated Switchgear in Asia Pacific, space constraints, safety, reliability and substation security, low maintenance, longer life span and high capacity of power transmission offered by GIS are the factors favoring the market growth. Technical complicacy and harmful effects of SF6 are the factors hampering the market growth.

Gas insulated switchgear is commanded by high voltage GIS with highest share in total GIS market. The market is growing at a significant rate due to increasing demand for extra high voltage and ultra-high voltage transmission system that needs GIS for secure power transmission and distribution. Transmission & distribution dominates the end user market, mainly due to increasing demand for EHV and UHV transmission system to reduce the transmission losses. Asia-Pacific is the largest market due to ongoing projects in implementation of EHV and UHV transmission lines in China, Japan, and India.

Some of the key players in global Gas Insulated Switchgear market are ABB Ltd., Alstom SA, Crompton Greaves Limited, Dongfang Electricals Ltd, Fuji Electric Co. Ltd., GE Digital Energy, Hitachi Ltd., Hyundai Heavy Industries Co. Ltd., Hyosung Power & Industrial Systems, Henan Pinggao Electric Co., Ltd., Kanohar Electricals Ltd., LumaSense Technologies, Mitsubishi Electric Corporation, Nissin Electric Co. Ltd., Siemens AG, Schneider Electric SE and Toshiba Corporation.

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Types Covered:
• Medium Voltage GIS
o Primary Distribution Medium Voltage GIS
o Secondary Distribution Medium Voltage GIS
• High Voltage GIS

End Users Covered:
• Infrastructure & Transportation
• Transmission & Distribution
• Power Generation
• Manufacturing & Processing
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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