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

Global High Voltage Gas Insulated 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 “High Voltage Gas Insulated Switchgear (GIS) Industry Forecast” looks at past sales and reviews total world High Voltage Gas Insulated Switchgear (GIS) sales in 2022, providing a comprehensive analysis by region and market sector of projected High Voltage Gas Insulated Switchgear (GIS) sales for 2023 through 2029. With High Voltage Gas Insulated Switchgear (GIS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Gas Insulated Switchgear (GIS) industry.
This Insight Report provides a comprehensive analysis of the global High Voltage Gas Insulated 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 High Voltage Gas Insulated Switchgear (GIS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Voltage Gas Insulated Switchgear (GIS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Gas Insulated 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 High Voltage Gas Insulated Switchgear (GIS).
The global High Voltage Gas Insulated Switchgear (GIS) market size is projected to grow from US$ 5107.8 million in 2022 to US$ 6602.4 million in 2029; it is expected to grow at a CAGR of 6602.4 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 High Voltage Gas Insulated Switchgear (GIS) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
72 KV to 550KV
36 KV to 72.5KV
Above 550 KV
Segmentation by application
Power Plant
Factory
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
GE
Hyosung Heavy Industries
Hitachi
Mitsubishi
Fuji Electric
Hyundai Electric
CG
Shandong Taikai
XD Electric
Pinggao Electric
Sieyuan
NHVS
Tbea
CHINT Group

Key Questions Addressed in this Report
What is the 10-year outlook for the global High Voltage Gas Insulated Switchgear (GIS) market?
What factors are driving High Voltage Gas Insulated Switchgear (GIS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Voltage Gas Insulated Switchgear (GIS) market opportunities vary by end market size?
How does High Voltage Gas Insulated 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.