PUBLISHER: QYResearch | PRODUCT CODE: 1151798
PUBLISHER: QYResearch | PRODUCT CODE: 1151798
Due to the COVID-19 pandemic, the Japan High Voltage Gas Insulated Switchgear (GIS) market size is estimated to be worth US$ 153.77 million in 2022 and is forecast to a readjusted size of US$ 196.21 million by 2028 with a CAGR of 4.15% during the review period. Fully considering the economic change by this health crisis, 52 KV-220KV accounting for 54.3% of the High Voltage Gas Insulated Switchgear (GIS) Japan market in 2021, is projected to value US$ 100.91 million by 2028, growing at a revised 3.17% CAGR in the post-COVID-19 period. While Power segment is altered to an 4.1% CAGR throughout this forecast period.
In Japan, the major players of High Voltage Gas Insulated Switchgear (GIS) include Hitachi Energy, Mitsubishi, Toshiba ESS, Fuji Electric, Hyosung Heavy Industries, Nissin Electric, Hyundai Electric and GE, and etc. In terms of Value, the Japan 3 largest players have a 48.32% market share of High Voltage Gas Insulated Switchgear (GIS) in 2021.
The research report includes specific segments by manufacturers, by Type and by Application. Each type provides information about the Sales during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.