Albany, NY -- (SBWIRE) -- 04/11/2016 -- Switchgear is a protection device and is a combination of different types of components such as circuit breakers, current transformers, potential transformers, lightning arrestors, protection relays, and disconnectors arranged in a logical manner. They are used in transmission and distribution of electric power and effectively protect equipment and circuits from unregulated power spikes. On the basis of material used for arc quenching, switchgears can be classified as gas-insulated switchgears, air-insulated switchgears, oil-insulated switchgears, and vacuum-insulated switchgears.

The analysts forecast global GIS market to grow at a CAGR of 10.06% over the period 2015-2019. This report covers the present scenario and the growth prospects of the global GIS market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of GIS equipment.

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The report, the Global GIS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
- ABB
- Alstom
- Hitachi
- Schneider Electric
- Siemens

Other Prominent Vendor
- Beikai Electric
- Hitachi
- Mitsubishi Electric
- Toshiba

Market Driver
- Technological Advancement
- For a full, detailed list, view our report

Market Challenge
- Harmful Effects of SF6
- For a full, detailed list, view our report

Market Trend
- Replacing 100% SF6 to 80% N2 and 20% SF6
- For a full, detailed list, view our report

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Key Questions Answered in this Report:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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