The “Gas Insulated Substation Market to 2025 by Voltage Type (High Voltage and Ultra High Voltage) and Application (Power Transmission and Distribution & Manufacturing and Processing) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of gas insulated substation market along with the estimates and forecasts of the revenue and market share analysis and also lists the significant gas insulated substations players in the market and their key developments.

Gas Insulated Substation Market to 2025 – Global Analysis and Forecast by Voltage Types and Application. Gas Insulated Substation market is expected to grow to US$ 41,059.8 million by 2025 from US$ 15,416.1 million in 2016. The world is experiencing a significant rise in demand for energy efficient power generation systems as the power consumption has increased heavily over the past decades. It is anticipated that, the power consumption will grow further with the increased usage of electronic gadgets, vehicles, and electronic appliances in the developed countries as well as in few developing countries. This has led to adoption of gas insulated substations (GIS), which is highly energy efficient and can transmit more than 5 times of power as compared to the conventional system which is air insulated substation. Moreover, the global power transmission and distribution companies are witnessing a huge lack in space allocation for set up of the new air insulate substation, which requires larger space as compared to gas insulated substation. The gas insulated substations are compact in size which is approximately 10 time to the conventional substations, and are two to three times more capable of insulation. In addition, the active parts or components in a gas insulated substation (GIS) are protected by sealing them with Sulphur hexafluoride from deterioration which occur when exposed to atmospheric air, moisture and contamination among other factors. Thus, owing to these factors, the market for gas insulated substation is anticipated to grow over the forecast period from 2017 to 2025.

The global gas insulated substation market is categorized on basis geography into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific held the largest market share in the global gas insulated substation market in 2016, followed by Middle East and Africa. Japan being key investor in Asia Pacific region led the gas insulated substation market in 2016 and is also estimated to retain its dominance during the forecast period from 2017 to 2025. The key players profiled in the report are ABB, CG Power and Industrial Solutions Ltd., Eaton, General Electric Company, Hyosung Corporation, Mitsubishi Electric Corporation, Nissin Electric Co. Ltd., Schneider Electric SE, Siemens AG and Toshiba International Corporation among others.

The report segments the global gas insulated substation market as follows:

Global Gas Insulated Substation Market – By Voltage Types

High Voltage
Ultra High Voltage

Global Gas Insulated Substation Market – By Application

Power Transmission and Distribution
Manufacturing and Processing

Global Gas Insulated Substations Market – By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
U.K

Asia Pacific (APAC)
Australia
China
Japan
India

Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE

South America (SAM)
Brazil
Rest of South America