Gas Insulated Power Equipment Market Current and Future Growth Prospect by key players | ABB Limited, General Electric, Mitsubishi Electric Corporation, Toshiba Corporation, Schneider Electric

The Gas Insulated Power Equipment Market research report added by Global Market Insights, LLC, provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
In terms of regional growth graph, Asia Pacific nations would be the major consumers of gas insulated switchgear and transmission lines owing to the ever-increasing power demand from emerging economies. Evolving power consumption patterns in corporations and households along with swift technological progress would augment Asia Pacific gas insulated power equipment industry. In this regard, it quite prudent to mention that developing nations such as India and China would be leading consumers of gas insulated power equipment as they continuously build electrical capabilities and infrastructure to meet the growing demand for electricity.
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It comes as no surprise that gas insulated switchgear and transmission lines are being increasingly installed at substations and power facilities as they are viewed as a system essential to ensure a stable supply of electricity. Owing to this changing mindset of larger energy producers and the necessity to reduce maintenance personnel and site area, the revenue target of gas insulated power equipment market, as per reliable estimates, is set to exceed USD 30 billion by 2025.
The German manufacturing behemoth Siemens AG, for instance, has recently introduced a new gas insulated transmission line for transporting large volumes of energy at high DC voltages. Reputed universities such as Dresden University of Applied Sciences, Berlin Technical University, and Eastern Bavarian Technical University Regensburg have supported the research team from Siemens to develop a new gas insulated DC transmission line named the Compact Transmission Line for Direct-Current High Voltage for laying underground.
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Moreover, the installation work time has also been reduced substantially as a lesser amount of time is being needed for assembly and testing on site. Taking into account the aforementioned ingenuity shown by leading gas insulated switchgear manufacturers, it is a given that such technological progress would favor the gas insulated power equipment industry in the times to come.
Partial Table of Contents (ToC) of the report:
Chapter 4 Gas Insulated Power Equipment Market, By Product
4.1 Gas insulated power equipment market share by product, 2018 & 2025
4.2 GIL
4.2.1 Global market from GIL, 2014 - 2025
4.2.2 Global market from GIL, by region, 2014 - 2025
4.2.3 Global GIL market from Voltage
4.2.3.1 Medium Voltage
4.2.3.1.1 Global GIL market from medium voltage, 2014 - 2025
4.2.3.1.2 Global GIL market from medium voltage, by region, 2014 - 2025
4.2.3.2 High Voltage
4.2.3.2.1 Global GIL market from high voltage, 2014 - 2025
4.2.3.2.2 Global GIL market from high voltage, by region, 2014 - 2025
4.2.4 Global GIL market from installation
4.2.4.1 Underground/Direct Buried
4.2.4.1.1 Global GIL market from underground/direct buried, 2014 - 2025
4.2.4.1.2 Global GIL market from underground/direct buried, by region, 2014 - 2025
4.2.4.2 Tunnels/Troughs
4.2.4.2.1 Global GIL market from tunnels/troughs, 2014 - 2025
4.2.4.2.2 Global GIL market from tunnels/troughs, by region, 2014 - 2025
4.2.4.3 Above Ground
4.2.4.3.1 Global GIL market from above ground, 2014 - 2025
4.2.4.3.2 Global GIL market from above ground, by region, 2014 - 2025
4.2.4.4 Others
4.2.4.4.1 Global GIL market from others, 2014 - 2025
4.2.4.4.2 Global GIL market from others, by region, 2014 - 2025
4.2.5 Global GIL market from Application
4.2.5.1 HVAC
4.2.5.1.1 Global GIL market from HVAC, 2014 - 2025
4.2.5.1.2 Global GIL market from HVAC, by region, 2014 - 2025
4.2.5.2 HVDC
4.2.5.2.1 Global GIL market from HVDC, 2014 - 2025
4.2.5.2.2 Global GIL market from HVDC, by region, 2014 - 2025
4.3 GIS
4.3.1 Global market from GIS, 2014 - 2025
4.3.2 Global market from GIS, by region, 2014 - 2025
4.3.3 Global GIS market from Voltage
4.3.3.1 Medium Voltage
4.3.3.1.1 Global GIS market from medium voltage, 2014 - 2025
4.3.3.1.2 Global GIS market from medium voltage, by region, 2014 - 2025
4.3.3.2 High Voltage
4.3.3.2.1 Global GIS market from high voltage, 2014 - 2025
4.3.3.2.2 Global GIS market from high voltage, by region, 2014 - 2025
4.3.4 Global GIS market from Installation
4.3.4.1 Underground/Direct Buried
4.3.4.1.1 Global GIS market from underground/direct buried, 2014 - 2025
4.3.4.1.2 Global GIS market from underground/direct buried, by region, 2014 - 2025
4.3.4.2 Tunnels/Troughs
4.3.4.2.1 Global GIS market from tunnels/troughs, 2014 - 2025
4.3.4.2.2 Global GIS market from tunnels/troughs, by region, 2014 - 2025
4.3.4.3 Above Ground
4.3.4.3.1 Global GIS market from above ground, 2014 - 2025
4.3.4.3.2 Global GIS market from above ground, by region, 2014 - 2025
4.3.4.4 Others
4.3.4.4.1 Global GIS market from others, 2014 - 2025
4.3.4.4.2 Global GIS market from others, by region, 2014 - 2025
4.3.5 Global GIS market from Application
4.3.5.1 HVAC
4.3.5.1.1 Global GIS market from HVAC, 2014 - 2025
4.3.5.1.2 Global GIS market from HVAC, by region, 2014 - 2025
4.3.5.2 HVDC
4.3.5.2.1 Global GIS market from HVDC, 2014 - 2025
4.3.5.2.2 Global GIS market from HVDC, by region, 2014 - 2025
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The promising growth graph of the global gas insulated power equipment market can be comprehended by the recent launch of a 550kV-class gas insulated switchgear by Toshiba which has facilitated transportation of a single line main unit as a whole unit for the very first time in the world. The Japanese multinational succeeded in lowering the volume of the gas insulated switchgear by almost 20 percent, while realizing a considerable cost reduction by cutting down the number of parts.
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