The global gas insulated substation market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for gas insulated substations in developing countries such as India and China, which are witnessing rapid economic growth and industrialization.
The distribution voltage segment accounted for the largest share of the global gas insulated substation market in 2017, followed by sub transmission voltage segment. The high voltage segment accounted for the third-largest share of this market in 2017, followed by extra high voltage and ultrhigh voltage segments respectively. Power utility was the leading application segment in 2017 with a share of over 50%. Infrastructure and transportation was second-largest application segment with a share of over 30%. Industries & OEMs accounted for less than 10% share in 2017 due to low adoption rates among industries due to higher costs associated with these products as compared to other types such as distribution or transmission voltages.
Some Of The Growth Factors Of This Market:
- The increasing demand for electricity in developing countries is expected to drive the gas insulated substation market.
- The need for a reliable power supply is also driving the gas insulated substation market.
- The increasing number of natural disasters and their impact on power grids are also driving the gas insulated substation market.
- Increasing investments in renewable energy sources such as solar and wind are also driving the gas insulated substation market, as they require more transmission lines to be built, which will lead to an increase in demand for gas insulated substations.
- Increasing investments by governments in infrastructure projects such as roads, railways, bridges and airports are also driving the gas insulated substation market.
Industry Growth Insights published a new data on “Gas Insulated Substation Market”. The research report is titled “Gas Insulated Substation Market research by Types (Distribution Voltage, Sub Transmission Voltage, High Voltage, Extra High Voltage, Ultra-High Voltage), By Applications (Power Utility, Infrastructure and Transportation, Industries & OEMs), By Players/Companies Toshiba, Siemens, Mitsubishi Electric, General Electric Company, Eaton Corporation, ABB, Schneider Electric, Fuji Electric, Hitachi, Crompton Greaves, Larsen & Toubro, Hyundai Heavy Industries, Nissin Electric, Meidensha Group, Hyosung”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Insulated Substation Market Research Report
By Type
Distribution Voltage, Sub Transmission Voltage, High Voltage, Extra High Voltage, Ultra-High Voltage
By Application
Power Utility, Infrastructure and Transportation, Industries & OEMs
By Companies
Toshiba, Siemens, Mitsubishi Electric, General Electric Company, Eaton Corporation, ABB, Schneider Electric, Fuji Electric, Hitachi, Crompton Greaves, Larsen & Toubro, Hyundai Heavy Industries, Nissin Electric, Meidensha Group, Hyosung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Gas Insulated Substation Market Report Segments:
The global Gas Insulated Substation market is segmented on the basis of:
Types
Distribution Voltage, Sub Transmission Voltage, High Voltage, Extra High Voltage, Ultra-High Voltage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Utility, Infrastructure and Transportation, Industries & OEMs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toshiba
- Siemens
- Mitsubishi Electric
- General Electric Company
- Eaton Corporation
- ABB
- Schneider Electric
- Fuji Electric
- Hitachi
- Crompton Greaves
- Larsen & Toubro
- Hyundai Heavy Industries
- Nissin Electric
- Meidensha Group
- Hyosung
Highlights of The Gas Insulated Substation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Distribution Voltage
- Sub Transmission Voltage
- High Voltage
- Extra High Voltage
- Ultra-High Voltage
- By Application:
- Power Utility
- Infrastructure and Transportation
- Industries & OEMs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gas Insulated Substation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A gas insulated substation is a type of electrical substation that uses insulation made from natural gas. This type of insulation is much more resistant to fire than traditional electrical wiring, making it an ideal choice for areas where there is a high risk of fire.
Some of the key players operating in the gas insulated substation market are Toshiba, Siemens, Mitsubishi Electric, General Electric Company, Eaton Corporation, ABB, Schneider Electric, Fuji Electric, Hitachi, Crompton Greaves, Larsen & Toubro, Hyundai Heavy Industries, Nissin Electric, Meidensha Group, Hyosung.
The gas insulated substation market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gas Insulated Substation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gas Insulated Substation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gas Insulated Substation Market - Supply Chain
4.5. Global Gas Insulated Substation Market Forecast
4.5.1. Gas Insulated Substation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gas Insulated Substation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gas Insulated Substation Market Absolute $ Opportunity
5. Global Gas Insulated Substation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gas Insulated Substation Market Size and Volume Forecast by Type
5.3.1. Distribution Voltage
5.3.2. Sub Transmission Voltage
5.3.3. High Voltage
5.3.4. Extra High Voltage
5.3.5. Ultra-High Voltage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gas Insulated Substation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gas Insulated Substation Market Size and Volume Forecast by Application
6.3.1. Power Utility
6.3.2. Infrastructure and Transportation
6.3.3. Industries & OEMs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gas Insulated Substation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gas Insulated Substation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gas Insulated Substation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gas Insulated Substation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gas Insulated Substation Demand Share Forecast, 2019-2026
9. North America Gas Insulated Substation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gas Insulated Substation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gas Insulated Substation Market Size and Volume Forecast by Application
9.4.1. Power Utility
9.4.2. Infrastructure and Transportation
9.4.3. Industries & OEMs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gas Insulated Substation Market Size and Volume Forecast by Type
9.7.1. Distribution Voltage
9.7.2. Sub Transmission Voltage
9.7.3. High Voltage
9.7.4. Extra High Voltage
9.7.5. Ultra-High Voltage
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gas Insulated Substation Demand Share Forecast, 2019-2026
10. Latin America Gas Insulated Substation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gas Insulated Substation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gas Insulated Substation Market Size and Volume Forecast by Application
10.4.1. Power Utility
10.4.2. Infrastructure and Transportation
10.4.3. Industries & OEMs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gas Insulated Substation Market Size and Volume Forecast by Type
10.7.1. Distribution Voltage
10.7.2. Sub Transmission Voltage
10.7.3. High Voltage
10.7.4. Extra High Voltage
10.7.5. Ultra-High Voltage
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gas Insulated Substation Demand Share Forecast, 2019-2026
11. Europe Gas Insulated Substation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gas Insulated Substation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gas Insulated Substation Market Size and Volume Forecast by Application
11.4.1. Power Utility
11.4.2. Infrastructure and Transportation
11.4.3. Industries & OEMs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gas Insulated Substation Market Size and Volume Forecast by Type
11.7.1. Distribution Voltage
11.7.2. Sub Transmission Voltage
11.7.3. High Voltage
11.7.4. Extra Hgh Voltage
11.7.5. Ultra-High Voltage
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gas Insulated Substation Demand Share, 2019-2026
12. Asia Pacific Gas Insulated Substation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gas Insulated Substation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gas Insulated Substation Market Size and Volume Forecast by Application
12.4.1. Power Utility
12.4.2. Infrastructure and Transportation
12.4.3. Industries & OEMs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gas Insulated Substation Market Size and Volume Forecast by Type
12.7.1. Distribution Voltage
12.7.2. Sub Transmission Voltage
12.7.3. High Voltage
12.7.4. Extra High Voltage
12.7.5. Ultra-High Voltage
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gas Insulated Substation Demand Share, 2019-2026
13. Middle East & Africa Gas Insulated Substation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gas Insulated Substation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gas Insulated Substation Market Size and Volume Forecast by Application
13.4.1. Power Utility
13.4.2. Infrastructure and Transportation
13.4.3. Industries & OEMs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gas Insulated Substation Market Size and Volume Forecast by Type
13.7.1. Distribution Voltage
13.7.2. Sub Transmission Voltage
13.7.3. High Voltage
13.7.4. Extra High Voltage
13.7.5. Ultra-High Voltage
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gas Insulated Substation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gas Insulated Substation Market: Market Share Analysis
14.2. Gas Insulated Substation Distributors and Customers
14.3. Gas Insulated Substation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toshiba
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Electric Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schneider Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuji Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Crompton Greaves
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Larsen & Toubro
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyundai Heavy Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nissin Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Meidensha Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hyosung
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
