Global Gas Insulated Switchgear (GIS) Market Research Report 2022 - Market Size, Current Insights and Development Trends

SKU ID : Maia-20923687 | Publishing Date : 12-May-2022 | No. of pages : 115

Switchgear is a protection device and is a combination of different types of components such as circuit breakers, current transformers, potential transformers, lightning arrestors, protection relays, and disconnectors arranged in a logical manner. They are used in transmission and distribution of electric power and effectively protect equipment and circuits from unregulated power spikes. On the basis of material used for arc quenching, switchgears can be classified as gas-insulated switchgears, air-insulated switchgears, oil-insulated switchgears, and vacuum-insulated switchgears. Gas Insulated Switchgear (GIS) is a compact metal encapsulated switchgear consisting of high-voltage components such as circuit-breakers and disconnectors, which can be safely operated in confined spaces. GIS is used where space is limited, for example, extensions, in city buildings, on roofs, on offshore platforms, industrial plants and hydro power plants.
The Gas Insulated Switchgear (GIS) market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Gas Insulated Switchgear (GIS) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Gas Insulated Switchgear (GIS) market.

Major Players in the Gas Insulated Switchgear (GIS) market are:
Kanohar Electricals
Schneider Electric
Pinggao
OMICRON
CG Global
Chint
Mitsubishi
Larsen & Toubro
Siemens
CHINT Electrics
Taikai
Shiky
Hyundai Heavy Industries
XIHARI
Toshiba
Nissin Electric
ABB
GE Grid Solutions
Hitachi
Fuji Electric

On the basis of types, the Gas Insulated Switchgear (GIS) market is primarily split into:
High Voltage Gas Insulated Switchgear
Medium Voltage Gas Insulated Switchgear
Low Voltage Gas Insulated Switchgear

On the basis of applications, the market covers:
Oil & Gas
Utilities
Windfarms
Mining Industry
Transmission & Distribution
Others

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:


Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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