Global Gas Insulated High Voltage Switchgear (GIS) Market Growth 2023-2029

Global Gas Insulated High Voltage Switchgear (GIS) Market Growth 2023-2029

High Voltage Gas Insulated Switchgear (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.

LPI (LP Information)' newest research report, the “Gas Insulated High Voltage Switchgear (GIS) Industry Forecast” looks at past sales and reviews total world Gas Insulated High Voltage Switchgear (GIS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Gas Insulated High Voltage Switchgear (GIS) sales for 2023 through 2029. With Gas Insulated High Voltage Switchgear (GIS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Insulated High Voltage Switchgear (GIS) industry.

This Insight Report provides a comprehensive analysis of the global Gas Insulated High Voltage Switchgear (GIS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Insulated High Voltage Switchgear (GIS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gas Insulated High Voltage Switchgear (GIS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Insulated High Voltage Switchgear (GIS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Insulated High Voltage Switchgear (GIS).

The global Gas Insulated High Voltage Switchgear (GIS) market size is projected to grow from US$ 5107.8 million in 2022 to US$ 6478.6 million in 2029; it is expected to grow at a CAGR of 6478.6 from 2023 to 2029.

In 2019, 72 KV to 550KV accounted for a major share of about 86% the global High Voltage Gas Insulated Switchgear (GIS) market.

Based on application, In High Voltage Gas Insulated Switchgear (GIS) market.

Asia-Pacific held a key market sales share of the High Voltage Gas Insulated Switchgear (GIS) market in 2019 which account for 55.00%.

In 2019, ABB, Siemens and GE ranked top 3 of the revenue share in global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Insulated High Voltage Switchgear (GIS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
100kV Below
101-550kV
551-800kV
801-1100kV
1100kV Above

Segmentation by application
Power Plant
Substation
Petrochemical
Mining & Metallurgy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Hitachi
Schneider Electric
GE
Mitsubishi
Fuji Electric
Toshiba
Eton
Hyosung Heavy Industries
EKOS Group
LS Electric
AKTIF
Hyundai Electric
Henan Pinggao Electric
China XD Group
New Northeast Electric
Shandong Taikai Power Engineering
TGOOD
BANNER
Beikai Electric
Huatuo power equipment group
CHINT
Huayi Electric
Sieyuan
Xiamen Huadian Switchgear
Changgao Electric Group
Ningbo Tianan (Group)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Insulated High Voltage Switchgear (GIS) market?

What factors are driving Gas Insulated High Voltage Switchgear (GIS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gas Insulated High Voltage Switchgear (GIS) market opportunities vary by end market size?

How does Gas Insulated High Voltage Switchgear (GIS) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.