Gas Insulated Switchgear Market – Overview
The
upsurge in the adoption of electricity-based equipment is motivating the market
greatly. Reports that investigate the energy and power industry have been
presented by Market Research Future, which produces reports on industry
verticals that appraise the market expansion and prospects. The market has the
potential to gain an 8.77 % CAGR in the course of the forecast period.
The
swelling power consumption levels globally are adding to the growth of the gas
insulated switchgear market. The rising construction of industrial plants,
offshore platforms, and hydropower plants is anticipated to boost the gas
insulated switchgear market in the upcoming period. A detailed analysis report
of COVID-19 impact on Gas Insulated Switchgear Market is provided with the
report.
Competitive
Analysis
The
significant contenders in the Gas Insulated Switchgear market are ABB (Switzerland),
Toshiba (Japan), Larsen &Toubro (India), General Electric (US), Siemens
(Germany), CG Power (India), Mitsubishi Electric (Japan), Fuji Electric
(Japan), Nisin Electric (Japan), Hyosung (China), and others.
Get Free Sample
Copy of Gas Insulated Switchgear Market: https://www.marketresearchfuture.com/sample_request/1108
Segmental
Analysis
The
segmental assessment of the gas insulated switchgear market has been conducted
on the basis of installation, end-user, voltage, region.
On
the basis of end-user, the market for gas insulated switchgear is segmented
into manufacturing & processing, transmission & distribution,
infrastructure & transportation, and others.
On
the basis of voltage, the gas insulated switchgear market is segmented into up
to 36 kV and >36 kV.
Based
on the installation, the gas insulated switchgear market is segmented into indoor
and outdoor.
Based
on the regions, the gas insulated switchgear market comprises of North America,
Europe, Asia Pacific, Africa, South America, and the Middle East.
Gas Insulated
Switchgear Regional Industry Analysis
The
regional examination of the gas insulated
switchgear market comprises of North America, Europe, Asia Pacific, Africa, South America,
and the Middle East.
The
gas-insulated switchgear market is anticipated to observe extensive growth
throughout the forecast period due to development in renewable power generation
sector and rising investments in the transmission & distribution
infrastructure. The nations such as China, Japan, and India are financing their
grid expansion projects to spread distribution grid dependability. Moreover,
China, India, and Indonesia are capitalizing broadly in their hydroelectric
power projects. This has contributed to the rise in investments in the
transmission & distribution sector by linking renewable energy generation
to the grid and are anticipated to compel the growth of the gas insulated
switchgear market in the Asia Pacific region.
Industry Updates:
Sep
2019 ABB has engaged in a five-year framework contract with Austrian Power Grid
(APG), a transmission system operator for the delivery of gas-insulated
switchgear (GIS). The agreement is valued at more than USD 100m over the
subsequent five years, and it will be the major electricity grid expansion to
date in Austria. ABB’s GIS will be operated in the construction of a
transmission grid, which will be planned to progressively include renewable
energy into the power grid. The novel transmission grid will connect the wind
power facilities situated in eastern Austria with driven storage power plants
in the western portion of Austria.
Browse Complete Research Report at: https://www.marketresearchfuture.com/reports/gas-insulated-switchgear-market-1108
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Read More:
https://sites.google.com/view/disconnect-switches-market/home
https://sites.google.com/view/well-completion-market/home
https://sites.google.com/view/sand-control-systems/home
https://sites.google.com/view/air-handling-units-market/home
No comments:
Post a Comment