Global Gas Insulated Switchgear (GIS) Market 2022-2028

Global Gas Insulated Switchgear (GIS) Market 2022-2028

The global gas insulated switchgear market is likely to register a CAGR of over 7.4% with an incremental growth of USD 9.3 billion during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global gas insulated switchgear market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the gas insulated switchgear industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the voltage level, end user, and region. The global market for gas insulated switchgear can be segmented by voltage level: low voltage, medium voltage, high voltage. The high voltage segment held the largest share of the global gas insulated switchgear market in 2021 and is anticipated to hold its share during the forecast period. Gas insulated switchgear market is further segmented by end user: power, industrial, commercial and residential, others. Globally, the power segment made up the largest share of the gas insulated switchgear market. Based on region, the gas insulated switchgear market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific was the largest contributor to the global gas insulated switchgear market in 2021.

Market Segmentation

By voltage level: low voltage, medium voltage, high voltage

By end user: power, industrial, commercial and residential, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading gas insulated switchgear market vendors that include Bharat Heavy Electricals Limited, Eaton Corporation plc, General Electric Company, Hitachi Ltd, Hyosung Heavy Industries Corp., Mitsubishi Electric Corporation, Powell Industries Inc., Schneider Electric SE, Siemens Energy AG, Toshiba Corporation, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global gas insulated switchgear market.
• To classify and forecast the global gas insulated switchgear market based on voltage level, end user, region.
• To identify drivers and challenges for the global gas insulated switchgear market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global gas insulated switchgear market.
• To identify and analyze the profile of leading players operating in the global gas insulated switchgear market.

• Gain a reliable outlook of the global gas insulated switchgear market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.