MRO Magazine

Research and Markets: Global Gas Insulated Switchgear Market – Projected to Reach USD 24.6 Billion by 2020


December 16, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/ks6d2d/gas_insulated) has announced the addition of the “Gas Insulated Switchgear Market – Global Forecast to 2020” report to their offering.

The global gas insulated switchgear market is projected to grow at a CAGR of 9.9% during the forecast period, to reach USD 24.6 Billion by 2020.

This growth is attributed to efficiency and reliability of gas insulated switchgear, with less space constraints and low maintenance. All components of gas insulated switchgear can be safely operated in confined spaces, where SF6 is used as an insulating material, as it has higher dielectric strength relative to air.

Globally, infrastructure & transportation activities are increasing, which demands more electricity for operations and maintenance.

Many technological trends are changing at locations, such as airports, sea ports, or traction substations, which are growing concerns for the end-user. End-users are focused on using efficient equipment, as well as less power consuming and environment-friendly devices, such as frequency converters, gas insulated switchgears.

High voltage gas insulated switchgear is the largest market share holding segment. The High voltage market is strongly supported by the ongoing projects of improvement of national grid in many developed and developing nations, such as China, India, and Russia to decrease the transmission & distribution losses and transmit bulk power to meet the demand.

Asia-Pacific has been the leading market for gas insulated switchgear in 2014 with the help of ongoing projects of implementation of EHV and UHV transmission lines in China, Japan, and India, have increased the share of transmission & distribution end-user segment in the global gas insulated switchgear market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Gas Insulated Switchgear Market, By Type

8 Gas Insulated Switchgear Market, By End-User

9 Gas Insulated Switchgear Market, By Region

10 Competitive Landscape

11 Company Profiles

Companies Mentioned:

  • Abb Ltd.
  • Alstom Sa
  • Crompton Greaves Limited
  • Fuji Electric Co. Ltd.
  • Ge Digital Energy
  • Hitachi Ltd.
  • Hyundai Heavy Industries Co. Ltd.
  • Mitsubishi Electric Corporation
  • Nissin Electric Co. Ltd.
  • Schneider Electric Se
  • Siemens Ag
  • Toshiba Corporation

For more information visit http://www.researchandmarkets.com/research/ks6d2d/gas_insulated

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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