Gas Insulated Substation Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2025
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City of Industry, CA -- (SBWire) -- 09/26/2018 --A gas-insulated substation (GIS) uses a superior dielectric gas, SF6, at moderate pressure for phase-tophase and phase-to-ground insulation.
The gas insulated substations market is bifurcated on basis of application as power transmission and distribution and manufacturing and processing. The major advantage of installing GIS to transmit and distribute power is the compact design of gas insulated substations, which enables the substation to be installed in a confined space. The GIS are compact in design but are capable of transmitting and distributing heavy loads than the power of an air insulated substation. The Gas insulated substation market is poised to grow during the forecast period from 2018 to 2025, owing to the upgradation of existing or traditional power transmission and distribution centers in few developed countries to gas insulated substations, which provide more power over a longer distance
On the other hand, Manufacturing units and processing centers of various industries integrate their work stations with gas insulated substation in order to maintain the adequate power supply in their work stations. The manufacturing and processing centers are investing substantial amounts in order to procure technologically advanced gas insulated substations to enhance their power supply in their work stations. These factors are bolstering the market for gas insulated substations during the forecast period and is foreseen to drive the growth of the Gas insulated substation market in future.
The Gas Insulated Substation market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Gas Insulated Substation.
This study focuses on the production side and consumption side of Gas Insulated Substation, presents the global Gas Insulated Substation market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Gas Insulated Substation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Gas Insulated Substation by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers
Schneider Electric
Siemens
ABB
Eaton
Mitsubishi Electric
General Electric
Crompton Greaves
Toshiba
Alstom
Nissin Electric
Market Segment by Product Type
High Voltage
Ultra High Voltage
Market Segment by Application
Power Transmission and Distribution
Manufacturing and Processing
Others
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