Asia Pacific HV Gas Insulated Switchgear (GIS) Market Size - By Capacity (72.5 kV, 145 kV, 245 kV, 275 kV, 300 kV, 400 kV, 500 kV, 765 kV), By Application (Offshore Wind) & Forecast, 2023

Description

List of Tables

Asia Pacific HV Gas Insulated Switchgear Industry will witness 7.2% CAGR between 2023 and 2032. The market experiences escalating demand driven by collaborative efforts focusing on sustainability initiatives. For instance, in December 2022, Hitachi Energy and Linxon joined forces to fortify London Power Tunnels (LPT), a crucial electricity infrastructure project vital for ensuring a dependable, eco-friendly power supply to England's capital. Supporting National Grid in hastening its net zero objectives, Hitachi Energy is set to supply EconiQ™ 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) devoid of sulfur hexafluoride (SF6). As one of the globe's largest investor-owned utilities, National Grid aims to eliminate all SF6 from its operations by 2050.

Collaborations between industry leaders and governments prioritize eco-friendly GIS solutions, emphasizing reduced environmental impact and energy efficiency. With a concerted push towards sustainable practices, these partnerships drive innovations in high-voltage GIS technology. The HV gas insulated switchgear market revenue witnesses a surge as these collaborations pave the way for advanced, environmentally conscious GIS systems, meeting the region's evolving energy needs while aligning with global sustainability goals.

The overall Asia Pacific HV GIS Market is classified based on capacity, application, and country.

275 KV segment will undergo significant development from 2023 to 2032. This voltage level addresses the evolving energy demands of industries and utilities. The market witnesses increased adoption of gas-insulated switchgear systems at this capacity due to their compactness, reliability, and suitability for high-power transmission applications. The HV gas insulated switchgear market demand from the 275 KV segment reflects the region's focus on efficient, high-voltage infrastructure to meet escalating energy requirements.

Others segment will register a noteworthy CAGR from 2023 to 2032. Industries, utilities, and infrastructure projects rely on GIS for its compact design, reliability, and high-voltage capabilities. From urban substations to industrial complexes, the HV gas insulated switchgear market size experiences increasing expansion due to GIS systems' efficiency in transmitting and distributing electricity, catering to varied applications and reflecting the region's broad reliance on advanced, reliable switchgear technology.

Japan HV gas insulated switchgear (GIS) industry will showcase a commendable CAGR from 2023 to 2032. GIS systems play a pivotal role in ensuring reliable power distribution in Japan's modernized landscape. From urban centers to industrial hubs, the market witnesses substantial adoption as industries prioritize efficient and compact switchgear solutions. Japan's emphasis on technological innovation fuels the steady demand for high-voltage GIS systems across various applications within the country.

Product Code: 7237

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Asia Pacific HV Gas Insulated Switchgear (GIS) Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor matrix
2.2 Regulatory landscape
2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's Analysis
- 2.5.1 Bargaining power of supplier
- 2.5.2 Bargaining power of buyer
- 2.5.3 Threat of new entrants
- 2.5.4 Threat of substitutes
2.6 PESTEL Analysis

Chapter 3 Competitive Benchmarking

3.1 Competitive landscape, 2022
- 3.1.1 Strategy dashboard
3.2 Innovation & technology landscape

Chapter 4 Asia Pacific HV Gas Insulated Switchgear (GIS) Market, By Capacity

4.1 Key capacity trends
4.2 72.4 kV
4.3 144 kV
4.4 244 kV
4.5 274 kV
4.6 300 kV
4.7 400 kV
4.8 400 kV
4.9 764 kV

Chapter 5 Asia Pacific HV Gas Insulated Switchgear (GIS) Market, By Application

5.1 Key application trends
5.2 Offshore wind
5.3 Others

Chapter 6 Asia Pacific HV Gas Insulated Switchgear (GIS) Market, By Country

6.1 Key country trends
6.2 China
6.3 Japan
6.4 South Korea
6.5 India
6.6 Australia

Chapter 7 Company Profiles

7.1 Siemens Energy
7.2 LS ELECTRIC Co., Ltd.
7.3 Toshiba Energy Systems & Solutions Corporation
7.4 GE
7.5 CG Power & Industrial Solutions Ltd.
7.6 Mitsubishi Electric Corporation
7.7 Hitachi Energy Ltd.
7.8 Fuji Electric Co., Ltd.
7.9 NISSIN ELECTRIC Co., Ltd.
7.10 ILJIN ELECTRIC
7.11 CHINT Group
7.12 HD Hyundai Electric
7.13 Bharat Heavy Electricals Limited
7.14 MEIDENSHA CORPORATION