Gas Insulated Power Equipment Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global gas insulated power equipment market is expected to grow at a CAGR of around 8.2% during 2025-2034. This report on global gas insulated power equipment market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global gas insulated power equipment market by segmenting the market based on, type, voltage, installation method, application and region. Also, detailed profiles of companies operating in the gas insulated power equipment market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Smart Grid Networks
• Increased Electricity Demand
Market Challenges
• High Costs
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Gas Insulated Line (GIL)
• Gas Insulated Switchgear (GIS)
Market by Application
• HVAC
• HVDC
Market by Voltage
• Medium
• High
Market by Installation Method
• Above Ground
• Underground
• Tunnel/Trough
• Other Methods
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Gas Insulated Power Equipment Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global ` Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Gas Insulated Power Equipment Market by Type
- 5.1. Introduction
- 5.2. Gas Insulated Line (GIL)
- 5.3. Gas Insulated Switchgear (GIS)
- 6. Global Gas Insulated Power Equipment Market by Application
- 6.1. Introduction
- 6.2. HVAC
- 6.3. HVDC
- 7. Global Gas Insulated Power Equipment Market by Voltage
- 7.1. Introduction
- 7.2. Medium
- 7.3. High
- 8. Global Gas Insulated Power Equipment Market by Installation Method
- 8.1. Introduction
- 8.2. Above Ground
- 8.3. Underground
- 8.4. Tunnel/Trough
- 8.5. Other Methods
- 9. Global Gas Insulated Power Equipment Market by Region
- 9.1. Introduction
- 9.2. Europe
- 9.2.1. Germany
- 9.2.2. United Kingdom
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Russia
- 9.2.7. Netherlands
- 9.2.8. Rest of the Europe
- 9.3. North America
- 9.3.1. United States
- 9.3.2. Canada
- 9.4. Asia Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. South Korea
- 9.4.5. Australia
- 9.4.6. Indonesia
- 9.4.7. Rest of the Asia Pacific
- 9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America
- 9.6. Middle East & Africa
- 9.6.1. Saudi Arabia
- 9.6.2. Turkey
- 9.6.3. Iran
- 9.6.4. United Arab Emirates
- 9.6.5. Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. ABB
- 13.2.2. BGR Energy System Limited
- 13.2.3. Bharat Heavy Electricals Limited (BHEL)
- 13.2.4. Eaton
- 13.2.5. Fuji Electric Co. Ltd.
- 13.2.6. General Electric
- 13.2.7. Hitachi Ltd.
- 13.2.8. Larsen & Toubro Limited
- 13.2.9. Meidensha Corporation
- 13.2.10. Schneider Electric
- 13.2.11. Siemens AG
- 13.2.12. Toshiba Energy Systems & Solution Corporation
- List of Figures
- Figure 1: Global Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 2: Global Gas Insulated Power Equipment Market by Type, 2024
- Figure 3: Global Gas Insulated Power Equipment Market by Application, 2024
- Figure 4: Global Gas Insulated Power Equipment Market by Voltage, 2024
- Figure 5: Global Gas Insulated Power Equipment Market by Installation Method, 2024
- Figure 6: Global Gas Insulated Power Equipment Market by Region, 2024
- Figure 7: Global Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 8: Global Gas Insulated Power Equipment Market by Type (in %), 2024 & 2034
- Figure 9: Global Gas Insulated Line (GIL) Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 10: Global Gas Insulated Line (GIL) Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 11: Global Gas Insulated Switchgear (GIS) Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 12: Global Gas Insulated Switchgear (GIS) Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 13: Global Gas Insulated Power Equipment Market by Application (in %), 2024 & 2034
- Figure 14: Global HVAC Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 15: Global HVAC Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 16: Global HVDC Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 17: Global HVDC Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 18: Global Gas Insulated Power Equipment Market by Voltage (in %), 2024 & 2034
- Figure 19: Global Medium Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 20: Global Medium Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 21: Global High Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 22: Global High Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 23: Global Gas Insulated Power Equipment Market by Installation Method (in %), 2024 & 2034
- Figure 24: Global Above Ground Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 25: Global Above Ground Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 26: Global Underground Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 27: Global Underground Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 28: Global Tunnel/Trough Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 29: Global Tunnel/Trough Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 30: Global Other Installation Methods Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 31: Global Other Installation Methods Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 32: Global Gas Insulated Power Equipment Market by Region (in %), 2024 & 2034
- Figure 33: Europe Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 34: Europe Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 35: Europe Gas Insulated Power Equipment Market by Country (in %), 2024 & 2034
- Figure 36: Germany Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 38: France Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 39: Italy Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 40: Spain Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 41: Russia Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 43: North America Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 44: North America Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 45: North America Gas Insulated Power Equipment Market by Country (in %), 2024 & 2034
- Figure 46: United States Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 47: Canada Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Gas Insulated Power Equipment Market by Country (in %), 2024 & 2034
- Figure 51: China Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 52: Japan Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 53: India Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 54: South Korea Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 55: Australia Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 57: Latin America Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 58: Latin America Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 59: Latin America Gas Insulated Power Equipment Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 61: Brazil Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 62: Argentina Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Gas Insulated Power Equipment Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Gas Insulated Power Equipment Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Gas Insulated Power Equipment Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 67: Turkey Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 68: Iran Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 69: UAE Gas Insulated Power Equipment Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Gas Insulated Power Equipment Market Portraiture
- Table 2: Global Gas Insulated Power Equipment Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Gas Insulated Power Equipment Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Gas Insulated Power Equipment Market by Voltage (in US$ Million), 2024 & 2034
- Table 5: Global Gas Insulated Power Equipment Market by Installation Method (in US$ Million), 2024 & 2034
- Table 6: Global Gas Insulated Power Equipment Market by Region (in US$ Million), 2024 & 2034
- Table 7: Europe Gas Insulated Power Equipment Market by Country (in US$ Million), 2024 & 2034
- Table 8: North America Gas Insulated Power Equipment Market by Country (in US$ Million), 2024 & 2034
- Table 9: Asia Pacific Gas Insulated Power Equipment Market by Country (in US$ Million), 2024 & 2034
- Table 10: Latin America Gas Insulated Power Equipment Market by Country (in US$ Million), 2024 & 2034
- Table 11: Middle East & Africa Gas Insulated Power Equipment Market by Country (in US$ Million),
- 2024 & 2034
- Table 12: List of Key Players
Research Assistance
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