Market Overview:
The global above 33kV gas insulated switchgear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electricity and the need for reliable and efficient power transmission and distribution infrastructure. Additionally, the growing investment in renewable energy sources is also contributing to the growth of this market. The primary gas insulated switchgear segment is expected to account for the majority of the share in terms of revenue in this market during 2018-2030. This can be attributed to its high efficiency, reliability, and safety as compared with other types of switchgears available in the market.
Product Definition:
Above 33KV Gas Insulated Switchgears are important for the transmission and distribution of electrical power. They are used to isolate and control the flow of electricity in order to protect equipment and people from damage.
Primary Gas Insulated Switchgear:
Primary gas insulated switchgear (PGIS) is a type of switchgear used for the protection and switching of high voltage electricity networks. PGIS has no external load connected to it, unlike other types such as bus bar or circuit breakers. PGIS works by using a protective medium that prevents damage from occurring to the equipment caused by high voltage electricity arcing between two conductors.
Secondary Gas Insulated Switchgear:
Secondary gas insulated switchgear is a type of switchgear that uses refrigerants to reduce the heat loss across several high voltage lines. The product finds application in transmission and distribution (T&D) networks, power generation plants, petrochemical industries and refineries.
The product offers benefits such as low space requirement, easy installation process along with operating at higher efficiencies than conventional equipment resulting in reduced fuel consumption & carbon dioxide emissions.
Application Insights:
Power plant was the largest application segment in 2017 and will continue to be dominant over the forecast period. Power plants are majorly located in North America, Europe and Asia Pacific regions. Growing demand for gas insulated switchgear at power plants is expected to drive above 33KV GIS market growth over the coming years.
The others application segment includes chemical processing facilities, oil refineries, pulp & paper mills, etc. These industries require a large number of primary and secondary switches due to their high electrical loads across multiple sites or locations.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The region accounted for a share of more than 33.0% in 2017 owing to increasing demand from power plants and other large industrial facilities in countries such as China, India, Japan, South Korea, Indonesia and Malaysia. Moreover, rising population has led to an increase in residential electrification projects which will further boost product demand across Asia Pacific during the forecast period.
Europe was estimated at USD X million in 2017 and is anticipated to witness significant growth over the projected period on account of growing investments across several sectors including energy & power (electricity generation), others (chemical industry). Rising need for high-quality equipment that can withstand extreme climatic conditions will drive above 33KV gas insulated switchgears market during the forecast years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Stringent government regulations for safety of electrical equipment and personnel
- Technological advancements in switchgear design and manufacturing processes
- Growing awareness about the benefits of gas insulated switchgears over conventional air-insulated switchgear
Scope Of The Report
Report Attributes
Report Details
Report Title
Above 33KV Gas Insulated Switchgears Market Research Report
By Type
Primary Gas Insulated Switchgear, Secondary Gas Insulated Switchgear
By Application
Power Plant, Factory, Others
By Companies
ABB, Siemens, GE, Hyosung Heavy Industries, Hitachi, Mitsubishi, Fuji Electric, Hyundai Electric, CG, Shandong Taikai, ABB, Pinggao Electric, Sieyuan, NHVS, Tbea, CHINT Group
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Above 33KV Gas Insulated Switchgears Market Report Segments:
The global Above 33KV Gas Insulated Switchgears market is segmented on the basis of:
Types
Primary Gas Insulated Switchgear, Secondary Gas Insulated Switchgear
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 Plant, Factory, Others
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:
- ABB
- Siemens
- GE
- Hyosung Heavy Industries
- Hitachi
- Mitsubishi
- Fuji Electric
- Hyundai Electric
- CG
- Shandong Taikai
- ABB
- Pinggao Electric
- Sieyuan
- NHVS
- Tbea
- CHINT Group
Highlights of The Above 33KV Gas Insulated Switchgears 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:
- Primary Gas Insulated Switchgear
- Secondary Gas Insulated Switchgear
- By Application:
- Power Plant
- Factory
- Others
- 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 Above 33KV Gas Insulated Switchgears 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Above 33KV gas insulated switchgear is a type of electrical equipment that is designed to protect against electric shock. This type of equipment typically consists of switches, transformers, and other components that are mounted on a metal frame. The switches are designed to protect people who are working near them by shutting down the power if there is an accidental discharge of electricity.
Some of the major companies in the above 33kv gas insulated switchgears market are ABB, Siemens, GE, Hyosung Heavy Industries, Hitachi, Mitsubishi, Fuji Electric, Hyundai Electric, CG, Shandong Taikai, ABB, Pinggao Electric, Sieyuan, NHVS, Tbea, CHINT Group.
The above 33kv gas insulated switchgears market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Above 33KV Gas Insulated Switchgears Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Above 33KV Gas Insulated Switchgears Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Above 33KV Gas Insulated Switchgears Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Above 33KV Gas Insulated Switchgears Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Above 33KV Gas Insulated Switchgears Market Size & Forecast, 2018-2028
4.5.1 Above 33KV Gas Insulated Switchgears Market Size and Y-o-Y Growth
4.5.2 Above 33KV Gas Insulated Switchgears Market Absolute $ Opportunity
Chapter 5 Global Above 33KV Gas Insulated Switchgears Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
5.2.1 Primary Gas Insulated Switchgear
5.2.2 Secondary Gas Insulated Switchgear
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Above 33KV Gas Insulated Switchgears Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
6.2.1 Power Plant
6.2.2 Factory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Above 33KV Gas Insulated Switchgears Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Above 33KV Gas Insulated Switchgears Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Above 33KV Gas Insulated Switchgears Analysis and Forecast
9.1 Introduction
9.2 North America Above 33KV Gas Insulated Switchgears Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
9.6.1 Primary Gas Insulated Switchgear
9.6.2 Secondary Gas Insulated Switchgear
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
9.10.1 Power Plant
9.10.2 Factory
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Above 33KV Gas Insulated Switchgears Analysis and Forecast
10.1 Introduction
10.2 Europe Above 33KV Gas Insulated Switchgears Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
10.6.1 Primary Gas Insulated Switchgear
10.6.2 Secondary Gas Insulated Switchgear
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
10.10.1 Power Plant
10.10.2 Factory
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Above 33KV Gas Insulated Switchgears Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Above 33KV Gas Insulated Switchgears Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
11.6.1 Primary Gas Insulated Switchgear
11.6.2 Secondary Gas Insulated Switchgear
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
11.10.1 Power Plant
11.10.2 Factory
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Above 33KV Gas Insulated Switchgears Analysis and Forecast
12.1 Introduction
12.2 Latin America Above 33KV Gas Insulated Switchgears Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
12.6.1 Primary Gas Insulated Switchgear
12.6.2 Secondary Gas Insulated Switchgear
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
12.10.1 Power Plant
12.10.2 Factory
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Above 33KV Gas Insulated Switchgears Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Above 33KV Gas Insulated Switchgears Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Above 33KV Gas Insulated Switchgears Market Size Forecast by Type
13.6.1 Primary Gas Insulated Switchgear
13.6.2 Secondary Gas Insulated Switchgear
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Above 33KV Gas Insulated Switchgears Market Size Forecast by Applications
13.10.1 Power Plant
13.10.2 Factory
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Above 33KV Gas Insulated Switchgears Market: Competitive Dashboard
14.2 Global Above 33KV Gas Insulated Switchgears Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 GE
14.3.4 Hyosung Heavy Industries
14.3.5 Hitachi
14.3.6 Mitsubishi
14.3.7 Fuji Electric
14.3.8 Hyundai Electric
14.3.9 CG
14.3.10 Shandong Taikai
14.3.11 ABB
14.3.12 Pinggao Electric
14.3.13 Sieyuan
14.3.14 NHVS
14.3.15 Tbea
14.3.16 CHINT Group
