Gas Insulated Power Equipment Market Size, Share, Trends, Growth 2032
Gas Insulated Power Equipment Market By Product (switchgear (GIS) and gas insulated transmission lines), By Application (HVDC and HVAC)): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 23.61 Billion | USD 40.06 Billion | 6.05% | 2023 |
Table Of Content
- Chapter 1.Preface
- 1.2.Report Description
- 1.1.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Gas Insulated Power Equipment Market, 2016 – 2026 (USD Billion)
- 3.2.Global Gas Insulated Power Equipment Market: Snapshot
- Chapter 4.Gas Insulated Power Equipment Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Gas Insulated Power Equipment
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Gas Insulated Power Equipment Market Attractiveness, By Product
- 5.2.Global Gas Insulated Power Equipment Market Attractiveness, By Application
- 5.3.Global Gas Insulated Power Equipment Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Gas Insulated Power Equipment Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 7.1.Global Gas Insulated Power Equipment Market Overview: by Product
- 7.1.1.Global Gas Insulated Power Equipment Market Revenue Share, by Product, 2019 & 2026
- 7.2.Global Gas Insulated Power Equipment Market Analysis/Overview – By Product
- 7.2.1.Switchgear (GIS) – Overview/Analysis
- 7.2.2.Gas Insulated Transmission Lines – Overview/Analysis
- 7.3.Switchgear (GIS)
- 7.3.1.Global Gas Insulated Power Equipment Market for Switchgear (GIS), Revenue (USD Billion) 2016 - 2026
- 7.4.Gas Insulated Transmission Lines
- 7.4.1.Global Gas Insulated Power Equipment Market for Gas Insulated Transmission Lines, Revenue (USD Billion) 2016 - 2026
- 8.1.Global Gas Insulated Power Equipment Market Overview: by Application
- 8.1.1.Global Gas Insulated Power Equipment Market Revenue Share, by Application, 2019 & 2026
- 8.2.Global Gas Insulated Power Equipment Market Analysis/Overview – By Application
- 8.2.1.HVDC – Overview/Analysis
- 8.2.2.HVAC – Overview/Analysis
- 8.3.HVDC
- 8.3.1.Global Gas Insulated Power Equipment Market for HVDC, Revenue (USD Billion) 2016 - 2026
- 8.4.HVAC
- 8.4.1.Global Gas Insulated Power Equipment Market for HVAC, Revenue (USD Billion) 2016 - 2026
- 6.1.Company Market Share Analysis - 2019
- Chapter 9.Gas Insulated Power Equipment Market – Regional Analysis
- 9.1.Global Gas Insulated Power Equipment Market: Regional Overview
- 9.1.1.Global Gas Insulated Power Equipment Market Revenue Share, by Region, 2019 & 2026
- 9.1.2.Global Gas Insulated Power Equipment Market Revenue, by Region, 2016 – 2026 (USD Billion)
- 9.2.North America
- 9.2.1.North America Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
- 9.2.2.North America Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.2.3.North America Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026
- 9.2.4.North America Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026
- 9.2.5. U.S.
- 9.2.6.Canada
- 9.3.Europe
- 9.3.1.Europe Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
- 9.3.2.Europe Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.3.3.Europe Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026
- 9.3.4.Europe Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026
- 9.3.5.Germany
- 9.3.6.France
- 9.3.7. U.K.
- 9.3.8.Italy
- 9.3.9.Spain
- 9.3.10.Rest of Europe
- 9.4.Asia Pacific
- 9.4.1.Asia Pacific Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
- 9.4.2.Asia Pacific Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.4.3.Asia Pacific Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026
- 9.4.4.Asia Pacific Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026
- 9.4.5.China
- 9.4.6.Japan
- 9.4.7.India
- 9.4.8.South Korea
- 9.4.9.South-East Asia
- 9.4.10.Rest of Asia Pacific
- 9.5.Latin America
- 9.5.1.Latin America Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
- 9.5.2.Latin America Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.5.3.Latin America Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026
- 9.5.4.Latin America Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026
- 9.5.5.Brazil
- 9.5.6.Mexico
- 9.5.7.Rest of Latin America
- 9.6.The Middle-East and Africa
- 9.6.1.The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
- 9.6.2.The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.6.3.The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026
- 9.6.4.The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026
- 9.6.5.GCC Countries
- 9.6.6.South Africa
- 9.6.7.Rest of Middle-East Africa
- 9.1.Global Gas Insulated Power Equipment Market: Regional Overview
- Chapter 10.Company Profiles
- 10.1.ABB
- 10.1.1.Company Overview
- 10.1.2.Financial Overview
- 10.1.3.Product Portfolio
- 10.1.4.Business Strategy
- 10.1.5.Recent Developments
- 10.2.Siemens AG
- 10.3.Crompton Greaves
- 10.4.Hyundai Electric & Energy System
- 10.5.Xi'an XD Switchgear Electric
- 10.6.Meidensha Corporation
- 10.7.Schneider Electric
- 10.8.Larsen and Toubro
- 10.1.ABB
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Gas Insulated Power Equipment Market
FIG. 6 Global Gas Insulated Power Equipment Market Attractiveness, By Product
FIG. 7 Global Gas Insulated Power Equipment Market Attractiveness, By Application
FIG. 8 Global Gas Insulated Power Equipment Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Gas Insulated Power Equipment Market Revenue Share, by Product, 2019 & 2026
FIG. 11 Global Gas Insulated Power Equipment Market for Switchgear (GIS), Revenue (USD Billion) 2016 - 2026
FIG. 12 Global Gas Insulated Power Equipment Market for Gas Insulated Transmission Lines, Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Gas Insulated Power Equipment Market Revenue Share, by Application, 2019 & 2026
FIG. 14 Global Gas Insulated Power Equipment Market for HVDC, Revenue (USD Billion) 2016 - 2026
FIG. 15 Global Gas Insulated Power Equipment Market for HVAC, Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Gas Insulated Power Equipment Market Revenue Share, by Region, 2019 & 2026
FIG. 17 North America Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 18 Europe Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 19 Asia Pacific Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 20 Latin America Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 21 The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, 2016 - 2026 (USD Billion)
FIG. 22 ABB Business Segment Revenue Share, 2018 (%)
FIG. 23 ABB Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Gas Insulated Power Equipment Market: Snapshot
TABLE 2 Drivers of the Gas Insulated Power Equipment Market: Impact Analysis
TABLE 3 Restraints for the Gas Insulated Power Equipment Market: Impact Analysis
TABLE 4 Global Gas Insulated Power Equipment Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026 (USD Billion)
TABLE 7 North America Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026 (USD Billion)
TABLE 8 Europe Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 9 Europe Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026 (USD Billion)
TABLE 10 Europe Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026 (USD Billion)
TABLE 11 Asia Pacific Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 12 Asia Pacific Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026 (USD Billion)
TABLE 14 Latin America Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 15 Latin America Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026 (USD Billion)
TABLE 16 Latin America Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026 (USD Billion)
TABLE 17 The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Product, 2016 – 2026 (USD Billion)
TABLE 19 The Middle-East and Africa Gas Insulated Power Equipment Market Revenue, by Application, 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Gas-insulated power equipment is electrical equipment that utilizes an insulating gas, generally sulfur hexafluoride (SF6), to safeguard and insulate critical components. This type of apparatus is employed in high-voltage applications to guarantee the safe, reliable, and efficient transmission and distribution of power.
The demand for reliable and efficient power transmission and distribution systems is on the rise as a result of the proliferation of smart technologies, urbanization, and industrialization, which are all contributing to the increasing global electricity consumption.
Zion Market Research has published a report on the global Gas Insulated Power Equipment Market, estimating its value at USD 23.61 Billion in 2023, with projections indicating that it will reach USD 40.06 Billion by 2032.
The market is expected to expand at a compound annual growth rate (CAGR) of 6.05% over the forecast period 2024-2032.
Based on the region, the global gas insulated power equipment market can be divided into five main regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific gas insulated power equipment market is slated to witness a remarkable expansion within the next few years, owing to escalating energy demand from emerging economies such as China and India. Additionally, changing power consumption patterns witnessed in corporate houses and domestic purpose along with the need for effectively integrating power grid infrastructure will impel the business growth trends.
Some main participants of the Gas Insulated Power Equipment market are ABB, Siemens AG, Crompton Greaves, Hyundai Electric & Energy System, Xi'an XD Switchgear Electric, Meidensha Corporation, Schneider Electric, and Larsen and Toubro.
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