Market Overview:
The global high voltage gas insulated switchgear (GIS) 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 GIS from the utility and industrial sectors, owing to its advantages such as high reliability, low maintenance cost, and easy installation. In addition, the growing demand for GIS in emerging countries is also contributing to the growth of this market. Based on type, viscous oil-based GIS held a major share of the global high voltage gas insulated switchgear (GIS) market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period due to its properties such as excellent dielectric strength and thermal stability that make it suitable for use in various applications such as refrigerant oil, paint and coating, printing ink, adhesive etc., across different regions. Based on application, refrigerant oil accounted for majority share of the global high voltage gas insulated switchgear (GIS) market in 2017; however this segment is projected witness highest CAGR during forecast period owing growing demand from end-use industries including food & beverage processing plants.
 Industry Outlook.svg)
Product Definition:
A gas insulated switchgear (GIS) is a high-voltage switchgear in which the insulation between the live parts and ground is provided by an enclosing gas atmosphere. The voltage class of a GIS can be up to 800 kV, making it suitable for use in transmission and distribution networks.
Viscous Oil:
Viscous oil is a type of hydraulic fluid that exhibits high viscosity at low temperatures. It is used in GIS for the purpose of carrying away heat generated by the motor and switchgear during start-up and operation. Viscous oils are preferred over water-based fluids owing to their ability to provide longer life span, less wear & tear, better thermal stability, higher operating temperature range along with reduced corrosion & scaling problems.
Rubbery Material:
Rubbery material is a type of insulation that has the ability to store electrical energy. It can be made from various synthetic and natural fibers including, polystyrene, wool, silk and cotton.
Application Insights:
Refrigerant oil application segment led the global high voltage gas insulated switchgear (GIS) market in 2017. This is attributed to the growing demand for HVAC systems in refrigeration applications, such as air conditioners and heaters. Furthermore, increasing use of GIS for controlling refrigerants in absorption chillers is expected to propel industry growth over the forecast period.
The paint and coating application segment is anticipated to witness significant growth over the forecast period owing to its rising use across various industries including automotive, construction and others. The product finds extensive usage as a protective coat on industrial machinery components that are exposed to high temperatures during processing of metals or chemicals at industrial facilities. Growing paints & coatings industry across various regions coupled with increasing product demand due largely unsaturated adhesive applications are expected drive global market growth over the coming years (2030).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for electricity in rural areas coupled with expanding industrial sector will drive the market further.
Europe was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to growing end-use industries across Germany, U.K.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries is expected to drive the market for High Voltage Gas Insulated Switchgear (GIS).
- Rapid urbanization and development of smart cities are also anticipated to create opportunities for the market growth.
- Stringent government regulations pertaining to energy efficiency and environment conservation are likely to propel the demand for High Voltage Gas Insulated Switchgear (GIS) in the near future.
- Growing investments in renewable energy sources such as solar and wind power is projected to boost the market growth over the forecast period.
- Technological advancements such as introduction of micro-grid systems is expected to provide new opportunities for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage Gas Insulated Switchgear (GIS) Market Research Report
By Type
Viscous Oil, Rubbery Material
By Application
Refrigerant Oil, Paint and Coating, Printing Ink, Adhesive, Others
By Companies
Idemitsu, BASF
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 High Voltage Gas Insulated Switchgear (GIS) Market Report Segments:
The global High Voltage Gas Insulated Switchgear (GIS) market is segmented on the basis of:
Types
Viscous Oil, Rubbery Material
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
Refrigerant Oil, Paint and Coating, Printing Ink, Adhesive, 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:
- Idemitsu
- BASF
 Market Overview.svg)
Highlights of The High Voltage Gas Insulated Switchgear (GIS) 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:
- Viscous Oil
- Rubbery Material
- By Application:
- Refrigerant Oil
- Paint and Coating
- Printing Ink
- Adhesive
- 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 High Voltage Gas Insulated Switchgear (GIS) 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
 Market Statistics.svg)
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?
High voltage gas insulated switchgear (GIS) is a type of electrical equipment that uses high voltage electricity to protect against the accidental discharge of electricity. GIS is used in power plants, substations, and other large electrical systems.
Some of the major companies in the high voltage gas insulated switchgear (gis) market are Idemitsu, BASF.
The high voltage gas insulated switchgear (gis) 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 High Voltage Gas Insulated Switchgear (GIS) 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 High Voltage Gas Insulated Switchgear (GIS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Voltage Gas Insulated Switchgear (GIS) 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 High Voltage Gas Insulated Switchgear (GIS) 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 High Voltage Gas Insulated Switchgear (GIS) Market Size & Forecast, 2020-2028
4.5.1 High Voltage Gas Insulated Switchgear (GIS) Market Size and Y-o-Y Growth
4.5.2 High Voltage Gas Insulated Switchgear (GIS) 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 Viscous Oil
5.2.2 Rubbery Material
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 Refrigerant Oil
6.2.2 Paint and Coating
6.2.3 Printing Ink
6.2.4 Adhesive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Voltage Gas Insulated Switchgear (GIS) 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 High Voltage Gas Insulated Switchgear (GIS) 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 Viscous Oil
9.6.2 Rubbery Material
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 Refrigerant Oil
9.10.2 Paint and Coating
9.10.3 Printing Ink
9.10.4 Adhesive
9.10.5 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 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 Viscous Oil
10.6.2 Rubbery Material
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 Refrigerant Oil
10.10.2 Paint and Coating
10.10.3 Printing Ink
10.10.4 Adhesive
10.10.5 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 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 Viscous Oil
11.6.2 Rubbery Material
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 Refrigerant Oil
11.10.2 Paint and Coating
11.10.3 Printing Ink
11.10.4 Adhesive
11.10.5 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 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 Viscous Oil
12.6.2 Rubbery Material
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 Refrigerant Oil
12.10.2 Paint and Coating
12.10.3 Printing Ink
12.10.4 Adhesive
12.10.5 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) 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 Viscous Oil
13.6.2 Rubbery Material
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 Refrigerant Oil
13.10.2 Paint and Coating
13.10.3 Printing Ink
13.10.4 Adhesive
13.10.5 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 High Voltage Gas Insulated Switchgear (GIS) Market: Competitive Dashboard
14.2 Global High Voltage Gas Insulated Switchgear (GIS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Idemitsu
14.3.2 BASF
