Gas Insulated Switchgear (GIS) Market Is Expected to Reach $21,951.9 Million by 2019

The global gas insulated switchgear market is projected to reach USD 24.6 Billion by 2020, and is expected to grow at a CAGR of 9.9% from 2015 to 2020. The demand is mainly driven in the Asia-Pacific region, owing to increasing manufacturing & processing growth.


Pune, India -- (SBWIRE) -- 01/05/2016 -- The report, "Gas Insulated Switchgear (GIS) Market - Global Trends and Forecasts to 2019" defines and segments the GIS market with analysis and forecasting of the market size.

Browse 77 market data tables and 52 figures spread through 146 pages and in-depth TOC on Gas Insulated Switchgear (GIS) Market - Global Trends and Forecasts to 2019.

Early buyers will receive 10% customization of the report.

Asia-Pacific's power sector is among the top fastest growing power sector across the globe and is expected to grow at the same pace in the near future. Asia-Pacific is the biggest market of GIS, and had a share of more than 65.0% of the total market size in 2013 that was majorly contributed by the China. It is estimated that India is the fastest growing market of GIS in the region. The implementation of EHV and UHV transmission system to minimize the transmission losses has strongly influenced the GIS market in the region. A few of the reasons for the high growth in this region are growing population, vast economies–developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.

Make an Inquiry @

"Transmission & Distribution –the biggest and Infrastructure & Transportation –the fastest growing" GIS markets

Transmission & distribution is the biggest end-user segment for GIS market, mainly driven by the growing demand for EHV and UHV transmission system to minimize the transmission losses. China and Russia are at forefront for employing GIS in transmission and distribution industry while Japan, U.S., and Germany are other key markets for GIS in the transmission and distribution end-user segment. Infrastructure and transportation is the fastest growing GIS end-user segment, majorly contributed by China, Japan, U.A.E and India. It is projected that among the key markets, U.A.E. has the maximum CAGR in this particular end-user segment of GIS followed by India and then China. Under the infrastructure & transportation segment, medium voltage GIS is used in various commercial places. The loads of these commercial places are less than the industries and for this reason secondary medium voltage GIS is used. Under the transportation segment, GIS are used in railway traction system, metro rail, high speed locomotives, and airports, where both primary and secondary medium voltage GIS are used depending upon the voltage level used.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441 FREE