Global GIS Substations Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
A GIS substation is a high voltage substation in which the major structures are contained in a sealed environment with sulfur hexafluoride gas as the insulating medium.
Gas insulated switchgears (GISs) are installed as substation equipment and receiving equipment for safe and stable supply of electricity. Circuit breakers, disconnectors, earthing devices, etc. are enclosed and stored in metal containers using a high-insulation-performance gas. Thus, the equipment is very compact, reliable, and safe.
According to our (Global Info Research) latest study, the global GIS Substations market size was valued at US$ 31230 million in 2023 and is forecast to a readjusted size of USD 41250 million by 2030 with a CAGR of 4.1% during review period.
Global GIS Substations key players include ABB, GE Grid Solutions, Siemens, Mitsubishi Electric, Xi’an XD High Voltage, etc. Global top five manufacturers hold a share about 35%.
Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, High Voltage is the largest segment, with a share about 80%. And in terms of application, the largest application is Power Transmission and Distribution, followed by Manufacturing and Processing.
This report is a detailed and comprehensive analysis for global GIS Substations market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global GIS Substations market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2019-2030
Global GIS Substations market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2019-2030
Global GIS Substations market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2019-2030
Global GIS Substations market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (M USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for GIS Substations
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global GIS Substations market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, GE Grid Solutions, Siemens, Mitsubishi Electric, Toshiba, Fuji Electric, Hyundai, Eaton, Hyosung, Schneider Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
GIS Substations market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Voltage
Ultra High Voltage
Market segment by Application
Power Transmission and Distribution
Manufacturing and Processing
Others
Major players covered
ABB
GE Grid Solutions
Siemens
Mitsubishi Electric
Toshiba
Fuji Electric
Hyundai
Eaton
Hyosung
Schneider Electric
Nissin Electric
Crompton Greaves
Xi’an XD High Voltage
NHVS
Shandong Taikai
Pinggao Electric
Sieyuan Electric
CHINT Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe GIS Substations product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of GIS Substations, with price, sales quantity, revenue, and global market share of GIS Substations from 2019 to 2024.
Chapter 3, the GIS Substations competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the GIS Substations breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and GIS Substations market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of GIS Substations.
Chapter 14 and 15, to describe GIS Substations sales channel, distributors, customers, research findings and conclusion.