Gas Insulated Switchgear Market

Gas Insulated Switchgear Market by Type, Voltage (medium, high, extra high, ultra-high), Installation, End-User (Transmission Utilities, Distribution Utilities, Generation Utilities, Transportation, Industry & OEMs) and Region - Global Forecast to 2023

Report Code: EP 2784 Mar, 2018, by marketsandmarkets.com

[174 Pages Report] MarketsandMarkets forecasts the gas insulated switchgear Market is projected to reach USD 28.09 billion by 2023, from an estimated USD 18.48 billion in 2018, at a CAGR of 8.73%. The growth of the gas insulated switchgear market is driven by the growth in renewable power generation, increasing investments in the transmission and distribution infrastructure, the rise in energy demand, limitations of space availability in densely populated urban areas, and government initiatives toward improving electricity access.

Gas Insulated Switchgear Market

On the basis of end user, the power transmission utility segment is expected to hold the largest share of the market

The power transmission utility dominated the gas insulated switchgear market in 2017 and is projected to grow at the second highest CAGR during the forecast period. Power transmission utilities is primarily driven by the addition of transmission lines which leads to the addition of high voltage substations, where gas insulated switchgear plays a vital role in grid protection, and efficient flow of power, as well as protection and relaying of the transmission circuit. High voltage transmission, extra high voltage transmission, and ultra-high voltage transmission lie under the jurisdiction of the power transmission utilities. These utilities are responsible for the transmission grid expansion, refurbishment as well as procurement of high voltage equipment. As per IEA statistics, approximately USD 3,180 billion will be invested globally between 2014 and 2035 on the net addition of 3.2 million kilometers of transmission lines. Additional USD 3,007 billion will be invested during the same period on the refurbishment of old transmission infrastructure.  

The medium voltage gas insulated switchgear is expected to be the fastest-growing segment of the market

Medium voltage gas insulated switchgear is expected to grow at the highest CAGR from 2018 to 2023. The market is primarily driven due to the rapid improvement in the power distribution sector through the implementation of smart grid and smart metering technology. This equipment is mainly used by the core sector, power generation, infrastructure, transportation, and distribution system industries. The medium voltage gas insulated switchgear segment is sub-divided into primary distribution and secondary distribution.

Gas Insulated Switchgear Market

Asia Pacific: A leading market for gas insulated switchgear

In this report, the gas insulated switchgear market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia Pacific is expected to account for the largest market share of the global gas insulated switchgear market in 2018. It is the most populated region in the world and consequently witnesses a high demand for electricity. Countries such as China, Japan, and India are investing in their grid expansion projects to increase distribution grid reliability. China accounted for the largest share of the gas insulated switchgear market in Asia Pacific in 2016 and has the highest installed generation and distribution capacity. The country, which is an export-oriented economy, has witnessed exponential growth in the demand for electricity in the past couple of decades, fueled by industrialization and infrastructural developments. Almost all the countries in the region are augmenting their generation capacities. India, China, and Indonesia are investing heavily in their hydroelectric power projects. Japan, China, and India are also emphasizing on nuclear and solar power generation to meet their increasing energy demand. This has led to rise in investments in the transmission & distribution sector by connecting renewable energy generation to the grid and are expected to drive the growth of the gas insulated switchgear market in Asia Pacific.

Market Dynamics

Driver:  Increasing investments in the transmission & distribution infrastructure

Several countries are investing in developing their transmission and distribution infrastructure to meet the increasing demand for electricity. For instance, Saudi Arabia is planning large-scale investment amounting to a total of around USD 100 billion to be spent on doubling the domestic power generation from the current 40,000 to 80,000 MW in the next 10 years. As per World Energy Investment statistics, Investment in T&D infrastructure was expected to be USD 6.8 trillion between 2014 and 2035. At high voltages, gas insulated switchgear has better arc quenching mechanism, along with the elimination of space constraint issues and minimization of operation and maintenance cost. These T&D expansion projects would increase the demand for gas insulated switchgear, being a vital component of the power grid network.

Restraint:  High cost of equipment as compared to AIS and stringent environmental & safety regulations

GIS can be expensive as compared to AIS with similar specifications. The procurement cost increases in terms of initial outlay (CAPEX), manufacturing process, and use of expensive components such as transformers, switching elements, and a circuit breaker which has to be operated inside an enclosure filled with dielectric gas. In the North American region, the land is easily available, and at low cost. Air insulated substations are common in these countries except in areas with space constraints, or in cities with high land cost. Private players rely on air-insulated switchgear to prevent technical complicacy and minimize the cost incurred in installing substations for their facilities.

As per the Kyoto protocol, SF6 is one of the most potent greenhouse gases (GHGs) with a global warming potential (GWP) of 23,000. It has been listed as an extremely harmful GHG by the Intergovernmental Panel on Climate Change (IPCC). Accordingly, the Kyoto protocol stipulates the reduction of emissions. Currently, there is no nearest alternative that could work as efficiently as SF6. Thus, procurement cost along with policies against SF6 will hamper the growth of gas insulated switchgear sales.

Opportunity:  Investments in smart grids and energy systems

A smart grid is not just about utilities and technologies but also offers an unprecedented opportunity to leapfrog the energy sector into a new era of reliability and efficiency that is expected to contribute to a country’s economic and environmental health. The smart grid is an advanced form of technology consisting of devices in a network that enables remote monitoring of an operation. These devices feature two-way communication technologies that enable the utility to interact with each device and to control their working. This allows them to detect and eliminate any faults. Developed countries are investing in smart grid technologies that not only help in the power supply and load management but also ensure proper monitoring of faults.

Huge investments have been proposed by many countries and the US is expected to invest heavily to accomplish a fully functional smart grid by 2030. However, the implementation of a smart grid is in its initial stage worldwide and many countries such as India, Thailand, and Indonesia among others are beginning smart meter rollouts. This is being done to gauge the demand for electricity, a post which they are expected to develop the requisite advanced infrastructure which would also comprise of GIS. Gas insulated switchgear can play an important role in terms of fault detection and transient analysis of the power systems along with continuous protection of the grid. The development and implementation of smart grids across many countries offer a huge opportunity to the gas insulated switchgear market, as the latter perfectly fulfill the needs of a smart grid system.

Challenge:  Delays in grid expansion projects

Planning and designing equipment for a power supply network requires a massive amount of data. Factors, such as government interventions, environmental clearances, and lengthy governmental approval procedures result in delays in the implementation of grid expansion projects. As per Europe’s 10-year network development plan 2014 edition, 5 transmission projects for interconnection between Portugal and Spain were expected to be commissioned by 2016. But the latest update suggests that these projects are still in design and permitting phase. These delays extend the time taken to implement the grid expansion projects and increases procurement time of GIS. The delays in grid expansion projects make the production planning very challenging for gas insulated switchgear manufacturers, as most extra high voltage switchgear are manufactured according to the personalized demands from the buyers.

Gas Insulated Switchgear Market

Scope of the Report

Report Metric

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Million (USD)

Segments covered

By Type  (High Voltage Gas Insulated Switchgear, Medium Voltage Gas Insulated Switchgear), By Voltage (Distribution Voltage, Sub Transmission Voltage, High Voltage, Extra High Voltage, Ultra-High Voltage), By Installation (Indoor, Outdoor), By Technology (Hybrid Switchgear, Integrated Three Phase, Compact Gas Insulated Switchgear), By End-User (Power Transmission Utility, Power Distribution Utility, Power Generation Utility, Infrastructure and Transportation, Industries & OEMs)

Geographies covered

Asia Pacific, Europe, North America, South America, Middle East & Africa.

Companies covered

ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric (Japan), GE (US), Hyundai (South Korea), Fuji Electric (Japan), CG (India), Hyosung (South Korea), Chint Electric (China), Larsen & Toubro (India), Meidensha (Japan), Hitachi (Japan), Toshiba (Japan), and Nissin Electric (Japan)

The research report categorizes the Gas Insulated Switchgear Market to forecast the revenues and analyze the trends in each of the following sub-segments:

By Type

  • High Voltage Gas Insulated Switchgear 
  • Medium Voltage Gas Insulated Switchgear
    • Primary Distribution
    • Secondary Distribution

By Voltage

  • Distribution Voltage
  • Sub Transmission Voltage
  • High Voltage
  • Extra High Voltage
  • Ultra-High Voltage

By Installation

  • Indoor
  • Outdoor

By Technology

  • Hybrid Switchgear
  • Integrated Three Phase
  • Compact Gas Insulated Switchgear

By End-User

  • Power Transmission Utility
  • Power Distribution Utility
  • Power Generation Utility
  • Infrastructure and Transportation
  • Industries & OEMs

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

    Key Market Players

    ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric (Japan), GE (US), Hyundai (South Korea), Fuji Electric (Japan), CG (India), Hyosung (South Korea), Chint Electric (China), Larsen & Toubro (India), Meidensha (Japan), Hitachi (Japan), Toshiba (Japan), and Nissin Electric (Japan)

    ABB is one of the key players in the power and automation technology sector offering a wide range of products, services, and systems to various end-use industries such as utilities, infrastructure, and transportation. ABB offers gas insulated switchgear through its electrification products division, which accounted for 26.1% of the company’s total net sales in 2016. The electrification products division provides solutions across the entire electrical value chain from the substation to the point of consumption. It caters its products to the oil & gas, power industries, buildings, data centers, rail, wind and solar, food & beverage, and marine industries. As of 2016, this division had approximately 40,600 employees and generated revenue worth USD 9.3 billion. ABB has its presence in over 100 countries. Some of its subsidiaries in the gas insulated switchgear market include ABB High Voltage Switchgear (Beijing), ABB Xiamen Switchgear (Xiamen), and ABB Xinhui Low Voltage Switchgear (Xinhui). In December 2017, ABB was awarded a contract by the government of Ontario. The purpose of the contract is to supply a medium-voltage distribution and traction power system, including GIS and substations for the Eglinton Crosstown project, a new light rail transit line in Toronto, Canada.

    Recent Developments

    • In December 2017, ABB was awarded a contract by the government of Ontario. The purpose of the contract is to supply a medium-voltage distribution and traction power system, including GIS and substations for the Eglinton Crosstown project, a new light rail transit line in Toronto, Canada.
    • In December 2017, GE was awarded a contract by Egyptian Electricity Transmission Company (EETC) for the extension of the Gabal El Zayt 22/220 kV gas insulated substation. The substation is to connect an additional 120 MW of power to the national grid by the end of 2018.
    • In July 2017, Siemens was awarded a contract by the Ministry of Electricity and Water, Kuwait. The aim of the contract was to supply power generation equipment, control system, and 26 bays of gas-insulated switchgear for the Sabiya Extension 3 combined cycle power plant in Kuwait.
    • In June 2017, ABB introduced its new medium-voltage gas insulated switchgear ZX2 AirPlus.  The AirPlus offers a green alternative to SF6, a potent greenhouse gas. The AirPlus is a fluoroketone-based gas mixture, which claims to be 100% lower in terms of global warming potential (GWP).
    • In May 2017, Meidensha launched a new GIS equipped with a 204-kV vacuum circuit breaker (VCB) that capitalizes on vacuum technology. This GIS is expected to be used in extensions of Japan’s Shinkansen bullet train and to replace industrial facilities.

    Critical questions the report answers:

    • Where will all these developments take the industry in the long term?
    • What are the upcoming trends for the Gas Insulated Switchgear market?
    • Which segment provides the most opportunity for growth?
    • Who are the leading vendors operating in this market?
    • What are the opportunities for new market entrants?

    To speak to our analyst for a discussion on the above findings, click Speak to Analyst

    Table of Contents

    1 Introduction (Page No. - 15)
        1.1 Objectives of the Study
        1.2 Definition
        1.3 Market Scope
               1.3.1 Markets Covered
               1.3.2 Regional Scope
               1.3.3 Years Considered for the Study
        1.4 Currency
        1.5 Stakeholders

    2 Research Methodology (Page No. - 20)
        2.1 Research Data
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
                        2.1.2.2 Key Industry Insights
                        2.1.2.3 Breakdown of Primaries
        2.2 Market Size Estimation
               2.2.1 Bottom-Up Approach
               2.2.2 Top-Down Approach
        2.3 Market Breakdown & Data Triangulation
        2.4 Limitations
        2.5 Research Assumptions

    3 Executive Summary (Page No. - 29)

    4 Premium Insights (Page No. - 34)
        4.1 Attractive Opportunities in the Gas Insulated Switchgear Market
        4.2 Asia Pacific Market Size, By End-User & Country
        4.3 GIS Market, By Country
        4.4 GIS Market, By Voltage
        4.5 GIS Market, By End-User

    5 Market Overview (Page No. - 39)
        5.1 Introduction
        5.2 Market Dynamics
               5.2.1 Drivers
                        5.2.1.1 Growing Share of Renewable Power Generation
                        5.2.1.2 Increasing Investments in the Transmission & Distribution Infrastructure
                        5.2.1.3 Rising Energy Demand and Limitations of Space Availability in Densely Populated Urban Areas
                        5.2.1.4 Government Initiative Toward Improving Electricity Access
               5.2.2 Restraints
                        5.2.2.1 High Cost of Equipment as Compared to Ais and Stringent Environmental & Safety Regulations
               5.2.3 Opportunities
                        5.2.3.1 Extension Or Replacement of Old Switchgear at Substations in Developed Regions Such as North America & Europe
                        5.2.3.2 Adoption of the Hvdc Technology
                        5.2.3.3 Investments in Smart Grids and Energy Systems
               5.2.4 Challenges
                        5.2.4.1 Delays in Grid Expansion Projects
        5.3 Technology Overview
               5.3.1 Overview
               5.3.2 Benefits of Gas Insulted Switchgear Technology
                        5.3.2.1 Compact Design of the Switchgear
                        5.3.2.2 Higher Efficiency as Compared to Conventional Switchgear/Ais
                        5.3.2.3 Long Service Life
                        5.3.2.4 Low Maintenance

    6 Gas Insulated Switchgear Market, By Type (Page No. - 49)
        6.1 Introduction
        6.2 High Voltage Gas Insulated Switchgear
        6.3 Medium Voltage Gas Insulated Switchgear
               6.3.1 Primary Distribution Medium Voltage Gis
               6.3.2 Secondary Distribution Medium Voltage Gis

    7 Gas Insulated Switchgear, By Voltage (Page No. - 55)
        7.1 Introduction
        7.2 Distribution Voltage
        7.3 Sub-Transmission Voltage
        7.4 High Voltage Transmission
        7.5 Extra High Voltage Transmission
        7.6 Ultra-High Voltage Transmission

    8 Gas Insulated Switchgear, By Installation (Page No. - 60)
        8.1 Introduction
        8.2 Indoor Gas Insulated Switchgear
        8.3 Outdoor Gas Insulated Switchgear
        8.4 Solid Bus Duct Connection & Cable Connection

    9 Gas Insulated Switchgear, By End-User (Page No. - 63)
        9.1 Introduction
        9.2 Power Transmission Utilities
        9.3 Power Distribution Utilities
        9.4 Power Generation Utilities
        9.5 Infrastructure & Transportation
        9.6 Industries & Oems
               9.6.1 Manufacturing & Process Industries
               9.6.2 Marine
               9.6.3 Oil & Gas & Mining
               9.6.4 Heavy Industries
               9.6.5 Other Industries

    10 Gas Insulated Switchgear, By Region (Page No. - 72)
         10.1 Introduction
         10.2 North America
                 10.2.1 US
                 10.2.2 Canada
                 10.2.3 Mexico
         10.3 Asia Pacific
                 10.3.1 China
                 10.3.2 India
                 10.3.3 Japan
                 10.3.4 Australia
                 10.3.5 South Korea
                 10.3.6 Indonesia
                 10.3.7 Malaysia
                 10.3.8 Singapore
                 10.3.9 Taiwan
                 10.3.10 Thailand
                 10.3.11 Phillipines
                 10.3.12 New Zealand
         10.4 Europe
                 10.4.1 Germany
                 10.4.2 UK
                 10.4.3 France
                 10.4.4 Spain
                 10.4.5 Italy
                 10.4.6 Norway
                 10.4.7 Sweden
                 10.4.8 Denmark
                 10.4.9 CIS Countries
                 10.4.10 Rest of Europe
         10.5 Middle East & Africa
                 10.5.1 Saudi Arabia
                 10.5.2 UAE
                 10.5.3 South Africa
                 10.5.4 Rest of Middle East & Africa
         10.6 South America
                 10.6.1 Brazil
                 10.6.2 Rest of South America

    11 Competitive Landscape (Page No. - 117)
         11.1 Overview
         11.2 Market Share, By Value, 2016
         11.3 Competitive Scenario
                 11.3.1 New Product Developments
                 11.3.2 Contracts & Agreements
                 11.3.3 Mergers & Acquisitions
                 11.3.4 Partnerships
                 11.3.5 Investments & Expansions
                 11.3.6 Joint Ventures
                 11.3.7 Collaborations

    12 Company Profiles (Page No. - 123)
    (Business Overview, Products Offered, Recent Developments, MnM View)*
         12.1 Benchmarking
         12.2 ABB
         12.3 Siemens
         12.4 Schneider Electric
         12.5 Mitsubishi Electric
         12.6 GE
         12.7 Hitachi
         12.8 Hyundai Heavy Industries
         12.9 Fuji Electric
         12.10 Nissin Electric
         12.11 CG
         12.12 Hyosung
         12.13 Chint
         12.14 Larsen & Toubro
         12.15 Toshiba
         12.16 Meidensha

    *Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

    13 Appendix (Page No. - 166)
         13.1 Insights of Industry Experts
         13.2 Discussion Guide
         13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
         13.4 Introducing RT: Real-Time Market Intelligence
         13.5 Available Customizations
         13.6 Related Reports
         13.7 Author Details


    List of Tables (105 Tables)

    Table 1 Gas Insulated Switchgear Market Snapshot
    Table 2 Global Weighted Average Renewable Investment Costs, 2015 & 2025
    Table 3 Global T&D Infrastructure Expansion Plans
    Table 4 Global Urban Population Overview, By Region - 1990, 2014, and 2050
    Table 5 Global Access to Electricity, By Region (2016)
    Table 6 Key Smart Grid Investment Initiatives
    Table 7 GIS Market Size, By Type, 2016–2023 (USD Billion)
    Table 8 High Voltage Market Size, By Region, 2016–2023 (USD Billion)
    Table 9 Medium Voltage Market Size, By Region, 2016–2023 (USD Billion)
    Table 10 Medium Voltage  Market Size, By Sub-Type, 2016–2023 (USD Billion)
    Table 11 Primary Distribution Medium Voltage Market Size, By Region, 2016–2023 (USD Million)
    Table 12 Secondary Distribution: Medium Voltage Market Size, By Region, 2016–2023 (USD Million)
    Table 13 GIS Market Size, By Voltage, 2016–2023 (USD Billion)
    Table 14 Distribution Voltage: Market Size, By Region, 2016–2023 (USD Million)
    Table 15 Sub-Transmission Voltage: Market Size, By Region, 2016–2023 (USD Million)
    Table 16 High Voltage Transmission: Market Size, By Region, 2016–2023 (USD Million)
    Table 17 Extra High Voltage Transmission: Market Size, By Region, 2016–2023 (USD Million)
    Table 18 Market Size, By Installation, 2016–2023 (USD Billion)
    Table 19 Market Size, By Connection, 2016–2023 (USD Billion)
    Table 20 Market Size, By End-User, 2016–2023 (USD Billion)
    Table 21 Power Transmission Utilities: Market Size, By Region, 2016–2023 (USD Million)
    Table 22 Power Transmission Utilities: Market Size, By Ownership, 2016–2023 (USD Million)
    Table 23 Power Distribution Utilities: Market Size, By Region, 2016–2023 (USD Million)
    Table 24 Power Distribution Utilities: Market Size, By Ownership, 2016–2023 (USD Million)
    Table 25 Power Generation: Market Size, By Region, 2016–2023 (USD Million)
    Table 26 Infrastructure & Transportation: Market Size, By Region, 2016–2023 (USD Million)
    Table 27 Industries & Oems: Market Size, By Region, 2016–2023 (USD Million)
    Table 28 Industries & Oems: Market Size, By Industry Type, 2016–2023 (USD Million)
    Table 29 Cement Production of Top 5 Countries, 2012–2015 (Million Tonnes)
    Table 30 GIS Market, By Region, 2016–2023 (USD Billion)
    Table 31 North America: Gas Insulated Switchgear Market Size, By Country, 2015–2022 (USD Million)
    Table 32 US: GIS Market Size, By End-User, 2016–2023 (USD Million)
    Table 33 US: Market Size, By Type, 2016–2023 (USD Million)
    Table 34 Canada: Market Size, By End-User, 2016–2023 (USD Million)
    Table 35 Canada: Market Size, By Type, 2016–2023 (USD Million)
    Table 36 Mexico: Market Size, By End-User, 2016–2023 (USD Million)
    Table 37 Mexico: Market Size, By Type, 2016–2023 (USD Million)
    Table 38 Asia Pacific: GIS Market Size, By Country, 2016–2023 (USD Million)
    Table 39 China: Market Size, By End-User, 2016–2023 (USD Million)
    Table 40 China: Market Size, By Type, 2016–2023 (USD Million)
    Table 41 India: Market Size, By End-User, 2016–2023 (USD Million)
    Table 42 India: Market Size, By Type, 2016–2023 (USD Million)
    Table 43 Japan: Market Size, By End-User, 2016–2023 (USD Million)
    Table 44 Japan: Market Size, By Type, 2016–2023 (USD Million)
    Table 45 Australia: Market Size, By End-User, 2016–2023 (USD Million)
    Table 46 Australia: Market Size, By Type, 2016–2023 (USD Million)
    Table 47 South Korea: Market Size, By End-User, 2016–2023 (USD Million)
    Table 48 South Korea: Market Size, By Type, 2016–2023 (USD Million)
    Table 49 Indonesia: Market Size, By End-User, 2016–2023 (USD Million)
    Table 50 Indonesia: Market Size, By Type, 2016–2023 (USD Million)
    Table 51 Malaysia: Market Size, By End-User, 2016–2023 (USD Million)
    Table 52 Malaysia: Market Size, By Type, 2016–2023 (USD Million)
    Table 53 Singapore: Market Size, By End-User, 2016–2023 (USD Million)
    Table 54 Singapore: Market Size, By Type, 2016–2023 (USD Million)
    Table 55 Taiwan: Market Size, By End-User, 2016–2023 (USD Million)
    Table 56 Taiwan: Market Size, By Type, 2016–2023 (USD Million)
    Table 57 Thailand: Market Size, By End-User, 2016–2023 (USD Million)
    Table 58 Thailand: Market Size, By Type, 2016–2023 (USD Million)
    Table 59 Phillipines: Market Size, By End-User, 2016–2023 (USD Million)
    Table 60 Phillipines: Market Size, By Type, 2016–2023 (USD Million)
    Table 61 New Zealand: Market Size, By End-User, 2016–2023 (USD Million)
    Table 62 New Zealand: Market Size, By Type, 2016–2023 (USD Million)
    Table 63 Europe: Market Size, By End-User, 2016–2023 (USD Million)
    Table 64 Germany: Market Size, By End-User, 2016–2023 (USD Million)
    Table 65 Germany: Market Size, By Type, 2016–2023 (USD Million)
    Table 66 UK: Market Size, By End-User, 2016–2023 (USD Million)
    Table 67 UK: Market Size, By Type, 2016–2023 (USD Million)
    Table 68 France: Market Size, By End-User, 2016–2023 (USD Million)
    Table 69 France: Market Size, By Type, 2016–2023 (USD Million)
    Table 70 Spain: Market Size, By End-User, 2016–2023 (USD Million)
    Table 71 Spain: Market Size, By Type, 2016–2023 (USD Million)
    Table 72 Italy: Market Size, By End-User, 2016–2023 (USD Million)
    Table 73 Italy: Market Size, By Type, 2016–2023 (USD Million)
    Table 74 Norway: Market Size, By End-User, 2016–2023 (USD Million)
    Table 75 Norway: Market Size, By Type, 2016–2023 (USD Million)
    Table 76 Sweden: Market Size, By End-User, 2016–2023 (USD Million)
    Table 77 Sweden: Market Size, By Type, 2016–2023 (USD Million)
    Table 78 Denmark: Market Size, By End-User, 2016–2023 (USD Million)
    Table 79 Denmark: Market Size, By Type, 2016–2023 (USD Million)
    Table 80 CIS Countries: Market Size, By End-User, 2016–2023 (USD Million)
    Table 81 CIS Countries: Market Size, By Type, 2016–2023 (USD Million)
    Table 82 Rest of Europe: Market Size, By End-User, 2016–2023 (USD Million)
    Table 83 Rest of Europe: Market Size, By Type, 2016–2023 (USD Million)
    Table 84 Middle East & Africa: Market Size, By Country, 2016–2023 (USD Million)
    Table 85 Saudi Arabia: Market Size, By End-User, 2016–2023 (USD Million)
    Table 86 Saudi Arabia: Market Size, By Type, 2016–2023 (USD Million)
    Table 87 UAE: Market Size, By End-User, 2016–2023 (USD Million)
    Table 88 UAE: Market Size, By Type, 2016–2023 (USD Million)
    Table 89 South Africa: Market Size, By End-User, 2016–2023 (USD Million)
    Table 90 South Africa: Market Size, By Type, 2016–2023 (USD Million)
    Table 91 Rest of Middle East & Africa: Market Size, By End-User, 2016–2023 (USD Million)
    Table 92 Rest of Middle East & Africa: Market Size, By Type, 2016–2023 (USD Million)
    Table 93 South America: GIS Market Size, By Country, 2016–2023 (USD Million)
    Table 94 Brazil: Market Size, By End-User, 2016–2023 (USD Million)
    Table 95 Brazil: Market Size, By Type, 2016–2023 (USD Million)
    Table 96 Rest of South America: Market Size, By End-User, 2016–2023 (USD Million)
    Table 97 Rest of South America: Market Size, By Type, 2016–2023 (USD Million)
    Table 98 ABB, the Most Active Player in the Market, 2014–2017
    Table 99 New Product Developments
    Table 100 Contracts & Agreements
    Table 101 Mergers & Acquisitions
    Table 102 Partnerships
    Table 103 Investments & Expansions
    Table 104 Joint Ventures
    Table 105 Collaborations


    List of Figures (38 Figures)

    Figure 1 Research Design
    Figure 2 Bottom-Up Approach
    Figure 3 Top-Down Approach
    Figure 4 Asia Pacific Held the Largest Share of the Gas Insulated Switchgear Market in 2017
    Figure 5 Medium Voltage Gas Insulated Switchgear Segment is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 6 Extra High Voltage Gas Insulated Switchgear Segment is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 7 Power Distribution Utilities, By End-User, is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 8 Indoor Type Gas Insulated Switchgear is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 9 Growing Share of Renewable Power Generation is Expected to Drive the GIS Market During the Forecast Period
    Figure 10 The Power Transmission Utilities & the Market in China Held the Maximum Share of the Market in Asia Pacific in 2017
    Figure 11 Indonesia is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 12 Extra High Voltage Gas Insulated Switchgear Segment is Expected to Dominate the GIS Market During the Forecast Period
    Figure 13 Power Transmission Utilities, By End-User, is Expected to Dominate the GIS Market During the Forecast Period
    Figure 14 Gas Insulated Switchgear: Drivers, Restraints, Opportunities, & Challenges
    Figure 15 High Voltage GIS is Expected to Hold the Largest Market Share By 2023
    Figure 16 Gas Insulated Switchgear for Extra High Voltage is Expected to Hold the Largest Market Share By 2023
    Figure 17 Outdoor GIS Segment is Expected to Hold the Largest Market Share By 2023
    Figure 18 Power Transmission Utilities Segment is Expected to Hold the Largest Market Share By 2023
    Figure 19 Regional Snapshot: the Market in Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
    Figure 20 GIS Market Share (Value), By Region, 2017
    Figure 21 Asia Pacific: Market Snapshot
    Figure 22 Middle East & Africa: Market Snapshot
    Figure 23 Key Developments in the Market, 2014–2017
    Figure 24 ABB Held Largest Share in the Market By Value in 2016
    Figure 25 ABB: Company Snapshot
    Figure 26 Siemens: Company Snapshot
    Figure 27 Schneider Electric: Company Snapshot
    Figure 28 Mitsubishi Electric: Company Snapshot
    Figure 29 GE: Company Snapshot
    Figure 30 Hitachi: Company Snapshot
    Figure 31 Hyundai Heavy Industries: Company Snapshot
    Figure 32 Fuji Electric: Company Snapshot
    Figure 33 Nissin Electric: Company Snapshot
    Figure 34 CG: Company Snapshot
    Figure 35 Hyosung: Company Snapshot
    Figure 36 Larsen & Toubro: Company Snapshot
    Figure 37 Toshiba: Company Snapshot
    Figure 38 Meidensha: Company Snapshot


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