DUBLIN--(BUSINESS WIRE)--The "Gas Insulated Switchgear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global gas insulated switchgear market is currently witnessing strong growth. A gas insulated switchgear (GIS) refers to a compact metal-enclosed cabinet, which consists of high-voltage components including circuit-breakers, relays, switches and disconnectors. It is insulated using sulfur hexafluoride that aids in vacuuming and circuit breaking in the electrical system. It facilitates energy transmission and the integration of power generation units to the grid, along with protecting the distribution mechanism by disengaging the system in case of adverse conditions. In comparison to the traditionally used air-insulated switchgear, GIS is more environment-friendly, reliable, adaptable and require lesser maintenance. They are generally installed on the extensions of roofs, offshore platforms and industrial plants.
The increasing implementation of smart grids and smart metering technology, along with escalating energy demand across the globe, represent as the key factors driving the growth of the market. Furthermore, owing to a wide range of benefits, such as safety, high reliability, small space requirement, low maintenance and environmental compatibility, GIS is gaining rapid preference in the market. Additionally, a significant increase in power consumption in developing countries due to numerous electrification projects is favoring the market growth. Various countries engaged in cross-border power transmission are utilizing GIS for the establishment of long transmission lines, distribution stations and sub-stations. Other factors, including rising investments in the transmission and distribution (T&D) infrastructure, the implementation of government policies for increasing the availability of clean energy, and growing focus on the renewable process of power generation, are projected to drive the market further. Looking forward, the publisher expects the market to exhibit a CAGR of around 8% during 2020-2025.
Key Questions Answered in This Report:
- How has the global gas insulated switchgear market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the installation?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the voltage?
- What is the breakup of the market based on the end-use sector?
- What are the key driving factors and challenges in the market?
- What is the structure of the global gas insulated switchgear market and who are the key players?
- What is the degree of competition in the market?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Gas Insulated Switchgear Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 High Voltage Gas Insulated Switchgear
6.2 Medium Voltage Gas Insulated Switchgear
6.3 Low Voltage Gas Insulated Switchgear
7 Market Breakup by Installation
8 Market Breakup by Technology
8.1 Hybrid Switchgear
8.2 Integrated Three Phase
8.3 Compact Gas Insulated Switchgear
9 Market Breakup by Voltage
9.1 < 38 kV
9.2 38 kV to 72 kV
9.3 73 kV to 150 kV
9.4 > 150 kV
10 Market Breakup by End-Use Sector
10.1 Power Transmission
10.2 Power Distribution
10.3 Power Generation
10.4 Infrastructure and Transportation
11 Market Breakup by Region
11.1 Asia Pacific
11.1.4 South Korea
11.2.3 United Kingdom
11.3 North America
11.3.1 United States
11.4 Latin America
11.5 Middle East and Africa
11.5.2 Saudi Arabia
11.5.4 United Arab Emirates
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.4 Bharat Heavy Electricals Limited
15.3.5 Eaton Corporation
15.3.6 General Electric Company
15.3.8 Larsen & Toubro
15.3.10 Mitsubishi Electric
15.3.11 Powell Industries
15.3.12 Schneider Electric
15.3.14 Toshiba International Corporation
For more information about this report visit https://www.researchandmarkets.com/r/587rrp