"Actionable Insights to Fuel Your Growth"

Gas Insulated Substation Market Size, Share and Global Trend By Voltage (Medium, High, Very High), By Installation (Indoor, Outdoor), By Application (Power Transmission, Power Distribution, Power Generation, Others) and Geography Forecast till 2021-2028

Region : Global | Report ID: FBI101334 | Status : Ongoing

 

KEY MARKET INSIGHTS

The modern era has seen many revolutions in the last couple of decades. Electricity is an integral part of industrial development, and utility companies are striving hard for reliable and economic power transmission and distribution for the future electric power supply. Gas-insulated switchgear is used in the industrial area to fulfill high energy demands by space-saving design with minimum cost.


It is a vital part of a gas-insulated substation (GIS) which provides several advantages over air-insulated substation (AIS) such as up to 98% space reduction in comparison to AIS. Along with this it also offers up to 75% reduction of SF6 volume and delivery of completely sealed and tested bay units up to 245kV. Consistent research and development led to the highly optimized switchgear.


To gain extensive insights into the market, Request for Customization


In GIS system all the active components are enclosed in a metal grounded enclosure, and it is housed in a chamber of full of gas. Gas-insulated substation (GIS) primarily uses sulfur hexafluoride (SF6) as the primary insulator which is nontoxic and offers superior dielectric properties compared to other gas. Due to the massive power demand brought by a growing population and a robust industrial sector, there is a need for the power supply company to embrace efficient methods.


Gas-insulated substation market is segmented into voltage type, installation, and application. Voltage type is further segregated into medium, high, and very high. High voltage gas insulated substation will contribute Installation is classified into indoor and outdoor.


Outdoor installation is expected to grow at the fastest rate owing to its versatile advantages. They are very reliable in transmitting electricity over a long distance in medium and high voltage application. Also, it can sustain in the harsh environmental condition, which is essential for efficient operation.


Massive industrialization and urbanization consistently increased the demand for reliable power supply with a requirement of a compact substation. Gas-insulated substation (GIS) is very compact and require lower operational and maintenance cost.


Several energy-intensive industrial applications are focussing on procuring reliable and efficient substation which expected to increase the growth of the gas insulated substation market.


The installation cost of the GIS is quite high than air-insulated substation, and the use of sulfur hexafluoride (SF6) gas causes GHG emission which expected retard the growth of the gas insulated substation market growth.


Key Players Covered


The notable players in the gas insulated substation are Schneider Electric, Siemens, ABB, E.ON, Mitsubishi Electric, GE Grid Solutions, Alfanar, C&S Electric Ltd., Toshiba Transmission & Distribution Systems Asia Sdn. Bhd. (TTDA), Alstom Grid, Nissin Electric Co.,Ltd, TMEIC, Terasaki Electric (Europe) Ltd., Fuji Electric Corp. of America, and Hyosung Heavy Industries.


SEGMENTATION


























SEGMENTATION



 DETAILS



By Voltage



· Medium


· High


· Very High



By Installation



· Indoor


· Outdoor



By Application



· Power Transmission


· Power Distribution


· Power Generation


· Others



By Geography



· North America (the USA and Canada)


· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)


· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


· Latin America (Brazil, Mexico and Rest of Latin America)


· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Regional Analysis


The gas-insulated substation market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Gas-insulated substation market is forecast to gain traction in North America owing to increasing information & communication centers, telecommunication, and processing industries. Europe is investing in enhancing the overall performance of generation, transmission & distribution of electric power to avoid losses. Many companies are procuring their substation for reliable and efficient power transmission, which might add significant value to gas insulated substation market. The Asia Pacific will dominate the gas insulated substation market due to increasing power consumption, up-gradation of aging hydropower plants, government initiative for enhancing grid infrastructure. These factors are expected to offer lucrative growth for the GIS market. The gulf countries are highly dominated by oil and gas companies which require a reliable power supply. Companies operating oil and gas plants are focussing towards enhancing transmission and distribution of electric power. African countries are mainly focussed on increasing their grid infrastructure that will add a positive outlook for the growth of the gas insulated substation market.


Key Industry Developments



  • In April 2019, London based engineering firm J. Murphy & Sons Ltd. has secured a contract from National Grid to design and build new electricity substation in Barking, London. The contract is of worth over $31 million which includes designing and building the gas insulated switchgear substation as well as new cables to connect to the national power network.

  • In January 2019, A German-based utility company E.ON and the VC Fund Technologies, Berlin to invest in Nuventura’s, a start-up company focussing on the production of gas-insulated switchgear with dry air to offer environmental benefits.

  • In November 2018, A contract has been awarded by German grid operator TransnetBW to ABB for an electrical substation up-gradation. Under the $40 million contract, ABB is responsible for the installation of the world’s first 380kV gas-insulated switchgear.


Gas Insulated Substation Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Nikon
Ntt
UL
GM
Caterpillar

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X