Market Overview:
The global gas-insulated load break switch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in transmission and distribution infrastructure. In addition, the growing awareness about energy efficiency is also contributing to the growth of this market. The global gas-insulated load break switch market can be segmented by type, application, and region. By type, the market can be divided into outdoor and indoor switches. Outdoor switches are used for switching high voltage currents in substations or power plants, while indoor switches are used for switching low voltage currents in buildings or homes. By application, the gas-insulated load break switch market can be classified into utilities, industrial, and commercial applications. Utilities include electric power generation companies and distributors whereas industrial includes oil & gas production facilities and chemical processing plants among others Commercial includes office buildings/ complexes residential apartments/buildings etcetera).
Product Definition:
A gas-insulated load break switch is a type of electrical switch that is used to isolate or connect loads. The switch uses an inert gas, such as nitrogen, to provide insulation between the contacts and prevent arcing. This type of switch is important because it can be used to safely disconnect high-voltage loads without creating a dangerous arc.
Outdoor:
Outdoor is the type of load break switch which is used in outdoor electric equipment such as street light, traffic signal, security light and so on. It's a mechanical device which has no battery and it works based on electromagnetic principle. The working principle of outdoor load break switch is very simple that it breaks the current flow when there's an increase in voltage or current flow above a particular level.
Indoor:
The indoor switch is a low-power electronic device used to control and monitor the flow of electricity in buildings. It is mainly used for load switching or short circuit breaking purposes. The indoor switch finds its application in commercial, residential, industrial and other such facilities where there are high chances of accidents caused by overloading or tripping of electrical circuits.
These switches are available with various functions such as controlling the air conditioner, detecting smoke from fire etc.
Application Insights:
The utilities application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The segment growth can be attributed to growing demand for gas-insulated switches from electric power generation plants, municipal waste treatment facilities, and other large energy consumers.
The commercial sector includes hospitals, educational institutions, hotels and restaurants, telecom centers etc., which require GISLBSs as they are designed for outdoor use only thus protecting against electrical hazards caused by lightning or internal short circuits. Increasing number of commercial buildings including telecom centers & IT offices is expected to propel product demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and commercial construction activities in emerging economies, such as China and India. In addition, rising demand for electric vehicles in countries like China is anticipated to drive product demand further.
Europe accounted for a significant share of the global market owing to early adoption of this technology across various industries in Germany and U.K., which are also leading manufacturing hubs for power generation equipment including gas turbines and other heavy machinery used by industries including mining, chemicals, oil & gas among others.
Growth Factors:
- Increasing demand for uninterrupted and reliable power supply
- Rapid industrialization and urbanization in developing countries
- Growing investments in renewable energy sources
- Stringent government regulations for safety of electrical equipment and personnel
- Technological advancements in gas-insulated switchgear
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas-Insulated Load Break Switch Market Research Report
By Type
Outdoor, Indoor
By Application
Utilities, Industrial, Commercial
By Companies
Benchmarking, ABB, Eaton, Schneider, GE, Siemens, Socomec, Rockwell, Ensto, Fuji, Benchmarking
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Gas-Insulated Load Break Switch Market Report Segments:
The global Gas-Insulated Load Break Switch market is segmented on the basis of:
Types
Outdoor, Indoor
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
Utilities, Industrial, Commercial
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:
- Benchmarking
- ABB
- Eaton
- Schneider
- GE
- Siemens
- Socomec
- Rockwell
- Ensto
- Fuji
- Benchmarking
Highlights of The Gas-Insulated Load Break Switch 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:
- Outdoor
- Indoor
- By Application:
- Utilities
- Industrial
- Commercial
- 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 Load Break Switch 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
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- 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?
A gas-insulated load break switch is a safety device that interrupts the power to an electric appliance when it detects a gas leak.
Some of the key players operating in the gas-insulated load break switch market are Benchmarking, ABB, Eaton, Schneider, GE, Siemens, Socomec, Rockwell, Ensto, Fuji, Benchmarking.
The gas-insulated load break switch market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gas-Insulated Load Break Switch 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 Gas-Insulated Load Break Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas-Insulated Load Break Switch 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 Gas-Insulated Load Break Switch 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 Gas-Insulated Load Break Switch Market Size & Forecast, 2020-2028
4.5.1 Gas-Insulated Load Break Switch Market Size and Y-o-Y Growth
4.5.2 Gas-Insulated Load Break Switch Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Outdoor
5.2.2 Indoor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Utilities
6.2.2 Industrial
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas-Insulated Load Break Switch 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 Gas-Insulated Load Break Switch 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Outdoor
9.6.2 Indoor
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 Market Size Forecast by Applications
9.10.1 Utilities
9.10.2 Industrial
9.10.3 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Outdoor
10.6.2 Indoor
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 Market Size Forecast by Applications
10.10.1 Utilities
10.10.2 Industrial
10.10.3 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Outdoor
11.6.2 Indoor
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 Market Size Forecast by Applications
11.10.1 Utilities
11.10.2 Industrial
11.10.3 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Outdoor
12.6.2 Indoor
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 Market Size Forecast by Applications
12.10.1 Utilities
12.10.2 Industrial
12.10.3 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Outdoor
13.6.2 Indoor
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) Market Size Forecast by Applications
13.10.1 Utilities
13.10.2 Industrial
13.10.3 Commercial
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 Gas-Insulated Load Break Switch Market: Competitive Dashboard
14.2 Global Gas-Insulated Load Break Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benchmarking
14.3.2 ABB
14.3.3 Eaton
14.3.4 Schneider
14.3.5 GE
14.3.6 Siemens
14.3.7 Socomec
14.3.8 Rockwell
14.3.9 Ensto
14.3.10 Fuji
14.3.11 Benchmarking
