Global Gas insulated switchgear Market Size study, by Type, Voltage, by technology, by End-users, by Installation and Regional Analysis, 2022-2029

Description

List of Tables

Global Gas Insulated Switchgear Market is valued at approximately USD 21.73 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2029. gas insulated switchgear is a small, metal-encased switchgear that is made up of high-voltage components like disconnectors and circuit breakers. This switchgear can be safely used in cramped areas. It has applications for power transmission, railroads, and the grid integration of renewable power producing units. . The market growth is primarily driven by the factors such as rising government initiatives towards improving electronic access, coupled with the growing investments in the transmission & distribution infrastructure.

The growing focus on renewable power generation is acting as a catalyzing factor for market growth worldwide. The International Energy Agency reported that wind energy has witnessed an electricity production rise of around 273 TWh in 2021 (up 17%), which is a 45% increase compared to 2020. Furthermore, according to Statista, the newly installed solar PV capacity constantly grows and reached 1,38,200 megawatts by the year 2020 globally, compared to 50,600 megawatts in 2015. Thereby, the rising government's support and growing wind and solar PV competitiveness are the key factors that are encouraging the adoption of renewable energy, which, in turn, accelerates the market growth during the estimated years. In addition, the rising penetration of high voltage direct current technology and increasing investment in energy systems and smart grid are presenting various lucrative opportunity for the growth of market. However, the high cost of equipment as compared to Air-insulated switchgear and stringent environmental & safety regulations are the factors hampering the growth of the market over the forecast years.

The key regions considered for the Global Gas Insulated Switchgear Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific accounts for the largest share in the global gas insulted switchgear market due to the growing demand of electricity across the NA, as well as rising investment in clean power generation and electrification projects in the region. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the as rising industrialization and infrastructure, as well as increasing replacement of ageing power infrastructure in the market space.

Major market players included in this report are:

Eaton Corporation ABB Ltd.
Siemens
Schneider Electric
Mitsubishi Electric Corporation
GE Electric Company
Hitachi Ltd.
Hyundai Heavy Industries Co., Ltd.
Fuji Electric Co., Ltd.
Nissin Electric Co., Ltd

Recent Developments in the Market:

In April 2022, ABB announced that the company entered into a partnership agreement with Samsung Electronics in order to provide jointly advanced technologies for energy management, energy savings, and the smart Internet of Things (IoT) connection of both commercial and residential buildings.
In August 2020, Schneider Electric unveiled that the company completed a transaction to integrate its Low Voltage and Industrial Automation business across India with Larsen & Toubro's Electrical & Automation business.

Global Gas Insulated Switchgear Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Voltage, Technology, End-User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

High Voltage gas insulated switchgear
Medium Voltage gas insulated switchgear

By Voltage:

Distribution voltage
Sub transmission voltage
High voltage
Extra-high voltage
Ultra-high voltage

By Technology:

Hybrid switchgear
Integrated three phases
Compact gas insulated switchgear

By End-User:

Power transmission Utility
Power distribution Utility
Power generation Utility
Infrastructure and transportation
Industries & OEMs

By Installation:

Indoor
Outdoor

By Region:

North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC

Latin America
- Brazil
- Mexico
- RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Gas Insulated Switchgear Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Gas Insulated Switchgear Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Gas Insulated Switchgear Market, by Voltage, 2019-2029 (USD Billion)
- 1.2.4. Gas Insulated Switchgear Market, by Technology, 2019-2029 (USD Billion)
- 1.2.5. Gas Insulated Switchgear Market, by End-User, 2019-2029 (USD Billion)
- 1.2.6. Gas Insulated Switchgear Market, by Installation, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Gas Insulated Switchgear Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Gas Insulated Switchgear Market Dynamics

3.1. Gas Insulated Switchgear Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising investments in the transmission & distribution infrastructure
  - 3.1.1.2. Growing focus on renewable power generation
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of equipment as compared to air insulated switchgear
  - 3.1.2.2. Stringent environment & safety regulations
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising adoption of high voltage direct current technology
  - 3.1.3.2. Increasing investment in smart grid and energy systems

Chapter 4. Global Gas Insulated Switchgear Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Gas Insulated Switchgear Market, by Type

6.1. Market Snapshot
6.2. Global Gas Insulated Switchgear Market by Type, Performance - Potential Analysis
6.3. Global Gas Insulated Switchgear Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Gas Insulated Switchgear Market, Sub Segment Analysis
- 6.4.1. High Voltage gas insulated switchgear
- 6.4.2. Medium Voltage gas insulated switchgear

Chapter 7. Global Gas Insulated Switchgear Market, by Voltage

7.1. Market Snapshot
7.2. Global Gas Insulated Switchgear Market by Voltage, Performance - Potential Analysis
7.3. Global Gas Insulated Switchgear Market Estimates & Forecasts by Voltage 2019-2029 (USD Billion)
7.4. Gas Insulated Switchgear Market, Sub Segment Analysis
- 7.4.1. Distribution voltage
- 7.4.2. Sub transmission voltage
- 7.4.3. High voltage
- 7.4.4. Extra-high voltage
- 7.4.5. Ultra-high voltage

Chapter 8. Global Gas Insulated Switchgear Market, by Technology

8.1. Market Snapshot
8.2. Global Gas Insulated Switchgear Market by Technology, Performance - Potential Analysis
8.3. Global Gas Insulated Switchgear Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
8.4. Gas Insulated Switchgear Market, Sub Segment Analysis
- 8.4.1. Hybrid switchgear
- 8.4.2. Integrated three phases
- 8.4.3. Compact gas insulated switchgear

Chapter 9. Global Gas Insulated Switchgear Market, by End-User

9.1. Market Snapshot
9.2. Global Gas Insulated Switchgear Market by End-User, Performance - Potential Analysis
9.3. Global Gas Insulated Switchgear Market Estimates & Forecasts by End-User 2019-2029 (USD Billion)
9.4. Gas Insulated Switchgear Market, Sub Segment Analysis
- 9.4.1. Power transmission Utility
- 9.4.2. Power distribution Utility
- 9.4.3. Power generation Utility
- 9.4.4. Infrastructure and transportation
- 9.4.5. Industries & OEMs

Chapter 10. Global Gas Insulated Switchgear Market, by Installation

10.1. Market Snapshot
10.2. Global Gas Insulated Switchgear Market by Installation, Performance - Potential Analysis
10.3. Global Gas Insulated Switchgear Market Estimates & Forecasts by Installation 2019-2029 (USD Billion)
10.4. Gas Insulated Switchgear Market, Sub Segment Analysis
- 10.4.1. Indoor
- 10.4.2. Outdoor

Chapter 11. Global Gas Insulated Switchgear Market, Regional Analysis

11.1. Gas Insulated Switchgear Market, Regional Market Snapshot
11.2. North America Gas Insulated Switchgear Market
- 11.2.1. U.S. Gas Insulated Switchgear Market
  - 11.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 11.2.1.2. Voltage breakdown estimates & forecasts, 2019-2029
  - 11.2.1.3. Technology breakdown estimates & forecasts, 2019-2029
  - 11.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
  - 11.2.1.5. Installation breakdown estimates & forecasts, 2019-2029
- 11.2.2. Canada Gas Insulated Switchgear Market
11.3. Europe Gas Insulated Switchgear Market Snapshot
- 11.3.1. U.K. Gas Insulated Switchgear Market
- 11.3.2. Germany Gas Insulated Switchgear Market
- 11.3.3. France Gas Insulated Switchgear Market
- 11.3.4. Spain Gas Insulated Switchgear Market
- 11.3.5. Italy Gas Insulated Switchgear Market
- 11.3.6. Rest of Europe Gas Insulated Switchgear Market
11.4. Asia-Pacific Gas Insulated Switchgear Market Snapshot
- 11.4.1. China Gas Insulated Switchgear Market
- 11.4.2. India Gas Insulated Switchgear Market
- 11.4.3. Japan Gas Insulated Switchgear Market
- 11.4.4. Australia Gas Insulated Switchgear Market
- 11.4.5. South Korea Gas Insulated Switchgear Market
- 11.4.6. Rest of Asia Pacific Gas Insulated Switchgear Market
11.5. Latin America Gas Insulated Switchgear Market Snapshot
- 11.5.1. Brazil Gas Insulated Switchgear Market
- 11.5.2. Mexico Gas Insulated Switchgear Market
- 11.5.3. Rest of Latin America Gas Insulated Switchgear Market
11.6. Rest of The World Gas Insulated Switchgear Market

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies
12.2. Company Profiles
- 12.2.1. Eaton Corporation
  - 12.2.1.1. Key Information
  - 12.2.1.2. Overview
  - 12.2.1.3. Financial (Subject to Data Availability)
  - 12.2.1.4. Product Summary
  - 12.2.1.5. Recent Developments
- 12.2.2. ABB Ltd.
- 12.2.3. Siemens
- 12.2.4. Schneider Electric
- 12.2.5. Mitsubishi Electric Corporation
- 12.2.6. GE Electric Company
- 12.2.7. Hitachi Ltd
- 12.2.8. Hyundai Heavy Industries Co., Ltd.
- 12.2.9. Fuji Electric Co., Ltd.
- 12.2.10. Nissin Electric Co., Ltd

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Gas Insulated Switchgear Market, report scope
TABLE 2. Global Gas Insulated Switchgear Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Gas Insulated Switchgear Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Gas Insulated Switchgear Market estimates & forecasts by Voltage 2019-2029 (USD Billion)
TABLE 5. Global Gas Insulated Switchgear Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 6. Global Gas Insulated Switchgear Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 7. Global Gas Insulated Switchgear Market estimates & forecasts by Installation 2019-2029 (USD Billion)
TABLE 8. Global Gas Insulated Switchgear Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Gas Insulated Switchgear Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Gas Insulated Switchgear Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Gas Insulated Switchgear Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Gas Insulated Switchgear Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Gas Insulated Switchgear Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Gas Insulated Switchgear Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Gas Insulated Switchgear Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Gas Insulated Switchgear Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. Global Gas Insulated Switchgear Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. U.S. Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. U.S. Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. Canada Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Canada Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. UK Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. UK Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. Germany Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Germany Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. France Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. France Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Italy Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Italy Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. Spain Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. Spain Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. RoE Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. RoE Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. China Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. China Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. India Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. India Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. Japan Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Japan Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. South Korea Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. South Korea Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. Australia Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Australia Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. RoAPAC Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. RoAPAC Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Brazil Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Brazil Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. Mexico Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Mexico Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. RoLA Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. RoLA Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Gas Insulated Switchgear Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 70. Row Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. Row Gas Insulated Switchgear Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global Gas Insulated Switchgear Market
TABLE 73. List of primary sources, used in the study of global Gas Insulated Switchgear Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Gas Insulated Switchgear Market, research methodology
FIG 2. Global Gas Insulated Switchgear Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Gas Insulated Switchgear Market, key trends 2021
FIG 5. Global Gas Insulated Switchgear Market, growth prospects 2022-2029
FIG 6. Global Gas Insulated Switchgear Market, porters 5 force model
FIG 7. Global Gas Insulated Switchgear Market, pest analysis
FIG 8. Global Gas Insulated Switchgear Market, value chain analysis
FIG 9. Global Gas Insulated Switchgear Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Gas Insulated Switchgear Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Gas Insulated Switchgear Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Gas Insulated Switchgear Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Gas Insulated Switchgear Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Gas Insulated Switchgear Market, regional snapshot 2019 & 2029
FIG 15. North America Gas Insulated Switchgear Market 2019 & 2029 (USD Billion)
FIG 16. Europe Gas Insulated Switchgear Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Gas Insulated Switchgear Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Gas Insulated Switchgear Market 2019 & 2029 (USD Billion)
FIG 19. Global Gas Insulated Switchgear Market, company Market share analysis (2021)