Growing At A CAGR Of Over 7%, Gas Insulated Switchgear Market Is Projected To Reach USD 28.12 Billion By 2027 | TechSci Research

Global gas insulated switchgear market is projected to reach USD 28.12 Billion by 2027, growing at a CAGR of over 7% owing to the rising need of renewable power generation. Moreover, the growing investments in updating transmission & distribution infrastructure coupled with the increasing government initiatives for improving the electricity access will drive the market during the forecast period.

Global gas insulated switchgear market is segmented based on voltage, type, installation, end user and region. Based on the end-user, the power distribution segment is projected to lead the market for the next five years, due to the increasing demand of power globally and surging demand-supply shortfall. Regionally, North America leads the gas insulated switchgear market and the trend is likely to continue until 2027, due to upgradation of power grids with new and advanced variants and strict regulations imposed by the government in the United States and Canada. However, Asia-Pacific is expected to grow at the highest CAGR in the next five years due to, increased power consumption, government mandates on energy efficiency, rising use of renewable sources and the need for upgradation of aging hydropower plants in countries like India and china.

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Some of the leading players in the global gas insulated switchgear market are ABB Group, Siemens AG, Hyosung Corporation, CG Power and Industrial Solutions Limited (Avantha Group), Fuji Electric Co. Ltd., Hitachi Ltd., Tenaga Switchgear Sdn. Bhd., Mitsubishi Electric Corporation, Schneider Electric Se, Toshiba Corporation etc.

Objective of the Study:

  • To analyse and forecast the market size of Global Gas Insulated Switchgear Market, in terms of value.
  • To classify and forecast Global Gas Insulated Switchgear based on voltage, type, installation, end-user and regional distribution.
  • To identify drivers and challenges for Global Gas Insulated Switchgear Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Gas Insulated Switchgear Market.
  • To conduct the pricing analysis for Global Gas Insulated Switchgear Market.
  • To identify and analyse the profile of leading switchgear manufacturers involved in the Global Gas Insulated Switchgear Market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of switchgear manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the switchgear manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the distribution channels and presence of all major switchgear manufacturers across the globe.

TechSci Research calculated the market size of Global Gas Insulated Switchgear Market using a bottom-up approach, where value data for power line were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Gas Insulated Switchgear manufacturers.
  • Dealers and suppliers
  • Environmental and industrial associations
  • Research organizations and consulting companies.
  • Government Institutions.
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as switchgear manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Gas Insulated Switchgear Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Gas Insulated Switchgear Market, By Voltage:
    • Distribution Voltage
    • Sub-Transmission Voltage
    • High Voltage Transmission
    • Extra High Voltage Transmission
    • Ultra-High Voltage Transmission
  • Global Gas Insulated Switchgear Market, By Type:
    • High Voltage Gas Insulated Switchgear
    • Medium Voltage Gas Insulated Switchgear
      • Primary Distribution Medium Voltage GIS
      • Secondary Distribution Medium Voltage GIS
  • Global Gas Insulated Switchgear Market, By Installation:
    • Indoor Gas Insulated Switchgear
    • Outdoor Gas Insulated Switchgear
    • Solid Bus Duct Connection & Cable Connection
  • Global Gas Insulated Switchgear Market, By End-User:
    • Power Transmission Utilities
    • Power Distribution Utilities
    • Power Generation Utilities
    • Infrastructure & Transportation
    • Industries & OEMs
    • Manufacturing & Process Industries
      • Marine
      • Oil & Gas & Mining
      • Heavy Industries
      • Other Industries
  • Global Gas Insulated Switchgear Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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