Gas Insulated Substation Market

Gas insulated substation uses a superior dielectric gas, SF6, at moderate pressure for phase-tophase and phase-to-ground insulation.Gas insulated substation has received great interest in the recent years. One of the advantages of GIS over conventional substations are their compactness, which makes them a favorite for service in urban residential areas.
Gas Insulated Substation Market contains market size and forecasts of Gas Insulated Substation in global, including the following market information:
Global Gas Insulated Substation Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Gas Insulated Substation Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Gas Insulated Substation companies in 2021 (%)
The global Gas Insulated Substation market was valued at 16630 million in 2021 and is projected to reach US$ 24680 million by 2028, at a CAGR of 5.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Distribution Voltage Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Gas Insulated Substation include Toshiba, Siemens, Mitsubishi Electric, General Electric Company, Eaton Corporation, ABB, Schneider Electric, Fuji Electric and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Gas Insulated Substation manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Insulated Substation Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Gas Insulated Substation Market Segment Percentages, by Type, 2021 (%)
Distribution Voltage
Sub Transmission Voltage
High Voltage
Extra High Voltage
Ultra-High Voltage
Global Gas Insulated Substation Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Gas Insulated Substation Market Segment Percentages, by Application, 2021 (%)
Power Utility
Infrastructure and Transportation
Industries & OEMs
Global Gas Insulated Substation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Gas Insulated Substation Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Insulated Substation revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Gas Insulated Substation revenues share in global market, 2021 (%)
Key companies Gas Insulated Substation sales in global market, 2017-2022 (Estimated), (Units)
Key companies Gas Insulated Substation sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toshiba
Siemens
Mitsubishi Electric
General Electric Company
Eaton Corporation
ABB
Schneider Electric
Fuji Electric
Hitachi
Crompton Greaves
Larsen & Toubro
Hyundai Heavy Industries
Nissin Electric
Meidensha Group
Hyosung