1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends

Gas Insulated Switchgear Market by Type, Sub-Type, End-User & Region - Global Forecast to 2021

  • January 2017
  • 193 pages
  • MarketsandMarkets
Report ID: 3473699

Summary

Table of Contents

Search Inside

“The gas insulated switchgear market is projected to grow at a CAGR of 9.4% from 2016 to 2021”
The gas insulated switchgear market is expected to reach a market size of USD 25.95 billion by 2021, at a CAGR of 9.4% from 2016 to 2021. Gas insulated switchgear are used to control, protect, and isolate electrical equipment in power systems. Investments in transmission & distribution infrastructure, infrastructure & transportation, and power generation sectors in GCC (Gulf Cooperation Council) countries is driving the demand of gas insulated switchgear in the region. Compact design of the switchgear, higher efficiency as compared to conventional switchgear, solid insulated switchgear, and air insulated switchgear, high serving life, and low maintenance is expected to drive the growth of the gas insulated switchgear market. High cost of equipment as compared to air insulated switchgear affects the revenue of established players.

“Medium voltage gas insulated switchgear type is the fastest growing segment”
Medium voltage gas insulated switchgear is the fastest growing segment in the global gas insulated switchgear market in 2015. It continues to hold the highest position during the forecast period, due to rising demand for power distribution in urban areas that need compact and efficient solution such as medium voltage gas insulated switchgear at substations.

“GCC: The fastest growing region in the gas insulated switchgear market”
In GCC (Gulf Cooperation Council) countries, the fastest growth of the gas insulated switchgear market is attributed to the existing huge manufacturing and processing sector, and growing power generation segments. The GCC countries have plans to restructure their power sectors, thereby encouraging the private sector to invest in this industry. There is an increase in demand for power in the region due to rapid population, commercial, and industrial growth in their respective countries. The GCC power grid has helped power sector in the region to transform into a major trading market.


Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
By Designation: C-Level- 35%, D-Level- 25%, Others- 40%
By Region: North America- 40%, Europe- 19%, Asia-Pacific- 17%, GCC- 15%, Rest of the World- 9%

Note: The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 20 billion, Tier 2 = From USD 10 billion to USD 20 billion, and Tier 3 =
The leading players in the gas insulated switchgear market include ABB Ltd. (Switzerland), Mitsubishi Corporation (Japan), General Electric (U.S.), Schneider Electric (France), and Siemens AG (Germany).


Research Coverage:
The report provides a picture on gas insulated switchgear across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, application, service, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.


Why buy this report?
1. The report identifies and addresses key markets for gas insulated switchgear market, which is useful for suppliers to review the growth in demand for the product.
2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.
3. The report will help key players to better understand the competitor’s strategies and will help in making strategic decisions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Medium Voltage Switchgear Market - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • August 2017
  • by Transparency Market Research

Global Medium Voltage Switchgear Market: Overview Renewal of age old electricity transmission and distribution networks across different parts of the world is one of the key factor anticipated to trigge ...

Switchgear Market by Voltage, End-User, Equipment - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“The switchgear market is projected to grow at a CAGR of 7.12%, from 2017 to 2022.” The switchgear market is projected to reach USD 125.10 billion by 2022, at a CAGR of 7.12%, from 2017 to 2022. Continuous ...

High Voltage Switchgear Market, Update 2017 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2021

  • $ 3995
  • Industry report
  • June 2017
  • by GlobalData

High Voltage Switchgear Market, Update 2017 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2021 Summary Demand for electricity is rising globally and, to meet this need, powe ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.