Global Gas Insulated Substation Market Growth 2023-2029

Global Gas Insulated Substation Market Growth 2023-2029

Gas insulated substation uses a superior dielectric gas, SF6, at moderate pressure for phase-tophase and phase-to-ground insulation.Gas insulated substation has received great interest in the recent years. One of the advantages of GIS over conventional substations are their compactness, which makes them a favorite for service in urban residential areas.

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

This Insight Report provides a comprehensive analysis of the global Gas Insulated Substation 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 Substation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gas Insulated Substation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Insulated Substation 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 Substation.

The global Gas Insulated Substation market size is projected to grow from US$ 15810 million in 2022 to US$ 24240 million in 2029; it is expected to grow at a CAGR of 24240 from 2023 to 2029.

United States market for Gas Insulated Substation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Gas Insulated Substation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Gas Insulated Substation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Gas Insulated Substation players cover Toshiba, Siemens, Mitsubishi Electric, General Electric Company, Eaton Corporation, ABB, Schneider Electric, Fuji Electric and Hitachi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Insulated Substation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Distribution Voltage
Sub Transmission Voltage
High Voltage
Extra High Voltage
Ultra-High Voltage

Segmentation by application
Power Utility
Infrastructure and Transportation
Industries & OEMs

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.
Toshiba
Siemens
Mitsubishi Electric
General Electric Company
Eaton Corporation
ABB
Schneider Electric
Fuji Electric
Hitachi
Crompton Greaves
Larsen & Toubro
Hyundai Heavy Industries
Nissin Electric
Meidensha Group
Hyosung

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Insulated Substation market?

What factors are driving Gas Insulated Substation market growth, globally and by region?

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

How do Gas Insulated Substation market opportunities vary by end market size?

How does Gas Insulated Substation 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.