Global GIS Substations Sales Market Report 2022
A GIS substation is a high voltage substation in which the major structures are contained in a sealed environment with sulfur hexafluoride gas as the insulating medium.
Gas insulated switchgears (GISs) are installed as substation equipment and receiving equipment for safe and stable supply of electricity. Circuit breakers, disconnectors, earthing devices, etc. are enclosed and stored in metal containers using a high-insulation-performance gas. Thus, the equipment is very compact, reliable, and safe.
Market Analysis and Insights: Global GIS Substations Market
Due to the COVID-19 pandemic, the global GIS Substations market size is estimated to be worth US$ 29030 million in 2021 and is forecast to a readjusted size of US$ 29030 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the GIS Substations global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global GIS Substations key players include ABB, GE Grid Solutions, Siemens, Mitsubishi Electric, Xi’an XD High Voltage, etc. Global top five manufacturers hold a share about 35%.
Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, High Voltage is the largest segment, with a share about 80%. And in terms of application, the largest application is Power Transmission and Distribution, followed by Manufacturing and Processing.
Global GIS Substations Scope and Market Size
The global GIS Substations market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global GIS Substations market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
High Voltage
Ultra High Voltage
Segment by Application
Power Transmission and Distribution
Manufacturing and Processing
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ABB
GE Grid Solutions
Siemens
Mitsubishi Electric
Toshiba
Fuji Electric
Hyundai
Eaton
Hyosung
Schneider Electric
Nissin Electric
Crompton Greaves
Xi’an XD High Voltage
NHVS
Shandong Taikai
Pinggao Electric
Sieyuan Electric
CHINT Group
Gas insulated switchgears (GISs) are installed as substation equipment and receiving equipment for safe and stable supply of electricity. Circuit breakers, disconnectors, earthing devices, etc. are enclosed and stored in metal containers using a high-insulation-performance gas. Thus, the equipment is very compact, reliable, and safe.
Market Analysis and Insights: Global GIS Substations Market
Due to the COVID-19 pandemic, the global GIS Substations market size is estimated to be worth US$ 29030 million in 2021 and is forecast to a readjusted size of US$ 29030 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the GIS Substations global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global GIS Substations key players include ABB, GE Grid Solutions, Siemens, Mitsubishi Electric, Xi’an XD High Voltage, etc. Global top five manufacturers hold a share about 35%.
Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, High Voltage is the largest segment, with a share about 80%. And in terms of application, the largest application is Power Transmission and Distribution, followed by Manufacturing and Processing.
Global GIS Substations Scope and Market Size
The global GIS Substations market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global GIS Substations market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
High Voltage
Ultra High Voltage
Segment by Application
Power Transmission and Distribution
Manufacturing and Processing
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ABB
GE Grid Solutions
Siemens
Mitsubishi Electric
Toshiba
Fuji Electric
Hyundai
Eaton
Hyosung
Schneider Electric
Nissin Electric
Crompton Greaves
Xi’an XD High Voltage
NHVS
Shandong Taikai
Pinggao Electric
Sieyuan Electric
CHINT Group
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