Global Gas-Insulated AC Switchgear Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Gas-Insulated AC Switchgear Market is presumed to reach the market size of nearly USD 44.33 Billion by 2032 from USD 21.36 Billion in 2023 with a CAGR of 8.45% under the study period 2024 - 2032.

A gas-insulated AC switchgear is a type of high-voltage electrical switchgear that uses sulfur hexafluoride (SF6) gas as an insulating medium. This technology allows for compact and efficient designs, reducing the physical footprint of the switchgear. Commonly used in power distribution systems, these switchgear units provide reliable and safe switching of electrical currents in grid infrastructure. The gas insulation enhances the dielectric properties, minimizing the risk of electrical arcing and ensuring the integrity of the switchgear in demanding applications.

MARKET DYNAMICS

The increasing demand for reliable and compact electrical infrastructure in urban and industrial settings propels the adoption of gas-insulated switchgear (GIS). GIS offers a space-efficient solution compared to traditional air-insulated switchgear, making it particularly suitable for densely populated areas. Additionally, the growing focus on energy efficiency and reducing transmission losses drives the deployment of gas-insulated AC switchgear in power distribution networks. The robust insulation properties of sulfur hexafluoride (SF6) gas used in GIS contribute to its high dielectric strength, minimizing the risk of electrical arcing and ensuring grid reliability. As utilities and industries prioritize the modernization of their electrical infrastructure, the market for gas-insulated AC switchgear is positioned for continuous growth. This trajectory is fueled by the efficiency and compact design advantages offered by Gas-insulated Switchgear (GIS) technology.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gas-insulated ac switchgear. The growth and trends of Gas-Insulated AC Switchgear Industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the gas-insulated ac switchgear market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Voltage

Low
Medium
High

By Application

Residential
Commercial & Industrial
Utility

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Gas-Insulated AC Switchgear market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gas-insulated ac switchgear market include ABB, CG Power & Industrial Solutions Ltd., Chint Group, Eaton Corporation, Fuji Electric Co., Ltd., General Electric, HD HYUNDAI ELECTRIC CO., LTD., Hitachi Energy Ltd., Hyosung Heavy Industries, Lucy Group Ltd., Mitsubishi Electric Corporation, Powell Industries, Schneider Electric, Siemens Energy, Toshiba International Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112113675

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . GAS-INSULATED AC SWITCHGEAR - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Voltage
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL GAS-INSULATED AC SWITCHGEAR MARKET ANALYSIS BY VOLTAGE

5.1 Overview by Voltage
5.2 Historical and Forecast Data
5.3 Analysis by Voltage
5.4 Low Historic and Forecast Sales by Regions
5.5 Medium Historic and Forecast Sales by Regions
5.6 High Historic and Forecast Sales by Regions

6 . GLOBAL GAS-INSULATED AC SWITCHGEAR MARKET ANALYSIS BY APPLICATION

6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Residential Historic and Forecast Sales by Regions
6.5 Commercial & Industrial Historic and Forecast Sales by Regions
6.6 Utility Historic and Forecast Sales by Regions

7 . GLOBAL GAS-INSULATED AC SWITCHGEAR MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1. Overview, Historic and Forecast Data Sales Analysis
- 7.3.2. North America By Segment Sales Analysis
- 7.3.3. North America By Country Sales Analysis
- 7.3.4. United State Sales Analysis
- 7.3.5. Canada Sales Analysis
- 7.3.6. Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1. Overview, Historic and Forecast Data Sales Analysis
- 7.4.2. Europe by Segment Sales Analysis
- 7.4.3. Europe by Country Sales Analysis
- 7.4.4. United Kingdom Sales Analysis
- 7.4.5. France Sales Analysis
- 7.4.6. Germany Sales Analysis
- 7.4.7. Italy Sales Analysis
- 7.4.8. Russia Sales Analysis
- 7.4.9. Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1. Overview, Historic and Forecast Data Sales Analysis
- 7.5.2. Asia Pacific by Segment Sales Analysis
- 7.5.3. Asia Pacific by Country Sales Analysis
- 7.5.4. China Sales Analysis
- 7.5.5. India Sales Analysis
- 7.5.6. Japan Sales Analysis
- 7.5.7. South Korea Sales Analysis
- 7.5.8. Australia Sales Analysis
- 7.5.9. South East Asia Sales Analysis
- 7.5.10. Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1. Overview, Historic and Forecast Data Sales Analysis
- 7.6.2. Latin America by Segment Sales Analysis
- 7.6.3. Latin America by Country Sales Analysis
- 7.6.4. Brazil Sales Analysis
- 7.6.5. Argentina Sales Analysis
- 7.6.6. Peru Sales Analysis
- 7.6.7. Chile Sales Analysis
- 7.6.8. Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1. Overview, Historic and Forecast Data Sales Analysis
- 7.7.2. Middle East & Africa by Segment Sales Analysis
- 7.7.3. Middle East & Africa by Country Sales Analysis
- 7.7.4. Saudi Arabia Sales Analysis
- 7.7.5. UAE Sales Analysis
- 7.7.6. Israel Sales Analysis
- 7.7.7. South Africa Sales Analysis
- 7.7.8. Rest Of Middle East And Africa Sales Analysis

8 . COMPETITIVE LANDSCAPE OF THE GAS-INSULATED AC SWITCHGEAR COMPANIES

8.1. Gas-Insulated Ac Switchgear Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9 . COMPANY PROFILES OF GAS-INSULATED AC SWITCHGEAR INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. ABB
- 9.3.1. Company Overview
- 9.3.2. Company Revenue
- 9.3.3. Products
- 9.3.4. Recent Developments
9.4. CG Power & Industrial Solutions Ltd.
- 9.4.1. Company Overview
- 9.4.2. Company Revenue
- 9.4.3. Products
- 9.4.4. Recent Developments
9.5. Chint Group
- 9.5.1. Company Overview
- 9.5.2. Company Revenue
- 9.5.3. Products
- 9.5.4. Recent Developments
9.6. Eaton Corporation
- 9.6.1. Company Overview
- 9.6.2. Company Revenue
- 9.6.3. Products
- 9.6.4. Recent Developments
9.7. Fuji Electric Co. Ltd.
- 9.7.1. Company Overview
- 9.7.2. Company Revenue
- 9.7.3. Products
- 9.7.4. Recent Developments
9.8. General Electric
- 9.8.1. Company Overview
- 9.8.2. Company Revenue
- 9.8.3. Products
- 9.8.4. Recent Developments
9.9. HD Hyundai Electric Co. Ltd.
- 9.9.1. Company Overview
- 9.9.2. Company Revenue
- 9.9.3. Products
- 9.9.4. Recent Developments
9.10. Hitachi Energy Ltd.
- 9.10.1. Company Overview
- 9.10.2. Company Revenue
- 9.10.3. Products
- 9.10.4. Recent Developments
9.11. Hyosung Heavy Industries
- 9.11.1. Company Overview
- 9.11.2. Company Revenue
- 9.11.3. Products
- 9.11.4. Recent Developments
9.12. Lucy Group Ltd.
- 9.12.1. Company Overview
- 9.12.2. Company Revenue
- 9.12.3. Products
- 9.12.4. Recent Developments
9.13. Mitsubishi Electric Corporation
- 9.13.1. Company Overview
- 9.13.2. Company Revenue
- 9.13.3. Products
- 9.13.4. Recent Developments
9.14. Powell Industries
- 9.14.1. Company Overview
- 9.14.2. Company Revenue
- 9.14.3. Products
- 9.14.4. Recent Developments
9.15. Schneider Electric
- 9.15.1. Company Overview
- 9.15.2. Company Revenue
- 9.15.3. Products
- 9.15.4. Recent Developments
9.16. Siemens Energy
- 9.16.1. Company Overview
- 9.16.2. Company Revenue
- 9.16.3. Products
- 9.16.4. Recent Developments
9.17. Toshiba International Corporation
- 9.17.1. Company Overview
- 9.17.2. Company Revenue
- 9.17.3. Products
- 9.17.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies