Global Gas Insulated Switchgear market is valued approximately at USD 18.48 billion in 2018 and is anticipated to grow with a growth rate of more than 8.70% over the forecast period 2019-2026. Gas insulated switchgear is a compact metal encapsulated switchgear that is consist of high-voltage components that includes disconnectors and circuit-breakers which can be safely operated in confined spaces. It is an application in power transmission, integration of renewable power generation units to the grid and railways. The growing share of renewable power generation, rising investments in the transmission & distribution infrastructure and rising government initiative towards improving electronic access are the factors accelerating the growth of market over the forecast years. Whereas, high cost of equipment as compared to Air insulated switchgear and stringent environment & safety regulations are the factors hampering the growth of market over the forecast years. However, adoption of high voltage direct current technology and investment in smart grid and energy systems are the lucrative opportunity for the growth of market.

The regional analysis of global Gas insulated switchgear market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is accounts for the largest share in the global gas insulted switchgear market owing to the high demand of electricity in the region. Whereas, the Asia Pacific is the fastest growing region in the global insulated switchgear market due to the rising industrialization and infrastructure.

Market player included in this report are:
Benchmarking
ABB
Siemens
Schneider Electric
Mitsubishi Electric
GE
Hitachi
Hyundai Heavy Industries
Fuji Electric
Nissin Electric

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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 Technology:
Hybrid switchgear
Integrated three phases
Compact gas insulated switchgear

By End-User:
Power transmission Utility
Power distribution Utility
Power generation Utility
Infrastructure and transportation
Industries & OEMs

By Installation:
Indoor
Outdoor

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Gas insulated switchgear Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors