Gas Insulated Switchgear Market by Type, Voltage (medium, high, extra high, ultra-high), Installation, End-User (Transmission Utilities, Distribution Utilities, Generation Utilities, Transportation, Industry & OEMs) and Region - Global Forecast to 2023

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Date: 07-Mar-2018
No. of pages: 174
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“The gas insulated switchgear market is projected to grow at a CAGR of 8.73%, from 2018 to 2023.”

The global gas insulated switchgear market is estimated at USD 18.48 billion in 2018 and is projected to grow at a CAGR of 8.73% to reach USD 28.09 billion by 2023. This growth is primarily due to rise in renewable power generation, increasing investments in the transmission & distribution infrastructure, escalating energy demand, limitations of space availability in densely populated urban areas, and government initiatives towards improving electricity access.

“The medium voltage gas insulated switchgear is expected to grow at the highest CAGR.”

Medium voltage gas insulated switchgear is expected to grow at the highest CAGR from 2018 to 2023. The market is primarily driven due to the rapid improvement in the power distribution sector through the implementation of smart grid and smart metering technology. This equipment is mainly used by the core sector, power generation, infrastructure, transportation, and distribution system industries. The medium voltage gas insulated switchgear segment is further segmented into primary distribution and secondary distribution.

“Asia Pacific: The largest market for variable speed generators.”

Asia Pacific is expected to account for the largest market share of the global gas insulated switchgear market in 2018. This trend is projected to continue till 2023. It is the most populated region in the world and consequently witnesses a high demand for electricity. Countries such as China, Japan, and India are investing in their grid expansion projects to increase distribution grid reliability. China accounted for the largest share of the gas insulated switchgear market in Asia Pacific in 2016 and has the highest installed generation and distribution capacity. The country, which is an export-oriented economy, has witnessed exponential growth in the demand for electricity in the past couple of decades, fueled by industrialization and infrastructural developments. Almost all the countries in the region are augmenting their generation capacities. India, China, and Indonesia are investing heavily in their hydroelectric power projects. Japan, China, and India are also emphasizing on nuclear and solar power generation to meet their increasing energy demand. This has led to rise in investments in the transmission & distribution sector by connecting renewable energy generation to the grid and are expected to drive the growth of the gas insulated switchgear market in Asia Pacific.

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- 48%, Tier 2- 38%, Tier 3- 14%

  • By Designation: C–Level- 20%, Director Level- 35%, Others- 45%

  • By Region: North America-25%, Europe-24%, Asia Pacific-30%, South America-8%, Middle East-11%, and Africa-2%


Some of the prominent players in the market include ABB (Switzerland), Siemens (Germany), Hitachi (Japan), Toshiba (Japan), and Nissin Electric (Japan).

Research Coverage:

The report defines, describes, and forecasts the global gas insulated switchgear market by type, installation, voltage, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market.

Why buy this report?


  • The report identifies and addresses key markets for gas insulated switchgear, which would help suppliers review the growth in the demand for the product.

  • The report helps solution providers understand the pulse of the market, and provide insights into drivers, restraints, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Gas Insulated Switchgear Market by Type, Voltage (medium, high, extra high, ultra-high), Installation, End-User (Transmission Utilities, Distribution Utilities, Generation Utilities, Transportation, Industry & OEMs) and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Limitations
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Gas Insulated Switchgear Market
4.2 Asia Pacific Gas Insulated Switchgear Market Size, By End-User & Country
4.3 Gas Insulated Switchgear Market, By Country
4.4 Gas Insulated Switchgear Market, By Voltage
4.5 Gas Insulated Switchgear Market, By End-User

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Share of Renewable Power Generation
5.2.1.2 Increasing Investments in the Transmission & Distribution Infrastructure
5.2.1.3 Rising Energy Demand and Limitations of Space Availability in Densely Populated Urban Areas
5.2.1.4 Government Initiative Toward Improving Electricity Access
5.2.2 Restraints
5.2.2.1 High Cost of Equipment as Compared to Ais and Stringent Environmental & Safety Regulations
5.2.3 Opportunities
5.2.3.1 Extension Or Replacement of Old Switchgear at Substations in Developed Regions Such as North America & Europe
5.2.3.2 Adoption of the Hvdc Technology
5.2.3.3 Investments in Smart Grids and Energy Systems
5.2.4 Challenges
5.2.4.1 Delays in Grid Expansion Projects
5.3 Technology Overview
5.3.1 Overview
5.3.2 Benefits of Gas Insulted Switchgear Technology
5.3.2.1 Compact Design of the Switchgear
5.3.2.2 Higher Efficiency as Compared to Conventional Switchgear/Ais
5.3.2.3 Long Service Life
5.3.2.4 Low Maintenance

6 Gas Insulated Switchgear Market, By Type
6.1 Introduction
6.2 High Voltage Gas Insulated Switchgear
6.3 Medium Voltage Gas Insulated Switchgear
6.3.1 Primary Distribution Medium Voltage Gis
6.3.2 Secondary Distribution Medium Voltage Gis

7 Gas Insulated Switchgear Market, By Voltage
7.1 Introduction
7.2 Distribution Voltage
7.3 Sub-Transmission Voltage
7.4 High Voltage Transmission
7.5 Extra High Voltage Transmission
7.6 Ultra-High Voltage Transmission

8 Gas Insulated Switchgear Market, By Installation
8.1 Introduction
8.2 Indoor Gas Insulated Switchgear
8.3 Outdoor Gas Insulated Switchgear
8.4 Solid Bus Duct Connection & Cable Connection

9 Gas Insulated Switchgear Market, By End-User
9.1 Introduction
9.2 Power Transmission Utilities
9.3 Power Distribution Utilities
9.4 Power Generation Utilities
9.5 Infrastructure & Transportation
9.6 Industries & Oems
9.6.1 Manufacturing & Process Industries
9.6.2 Marine
9.6.3 Oil & Gas & Mining
9.6.4 Heavy Industries
9.6.5 Other Industries

10 Gas Insulated Switchgear, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Asia Pacific
10.3.1 China
10.3.2 India
10.3.3 Japan
10.3.4 Australia
10.3.5 South Korea
10.3.6 Indonesia
10.3.7 Malaysia
10.3.8 Singapore
10.3.9 Taiwan
10.3.10 Thailand
10.3.11 Phillipines
10.3.12 New Zealand
10.4 Europe
10.4.1 Germany
10.4.2 UK
10.4.3 France
10.4.4 Spain
10.4.5 Italy
10.4.6 Norway
10.4.7 Sweden
10.4.8 Denmark
10.4.9 CIS Countries
10.4.10 Rest of Europe
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Rest of South America

11 Competitive Landscape
11.1 Overview
11.2 Market Share, By Value, 2016
11.3 Competitive Scenario
11.3.1 New Product Developments
11.3.2 Contracts & Agreements
11.3.3 Mergers & Acquisitions
11.3.4 Partnerships
11.3.5 Investments & Expansions
11.3.6 Joint Ventures
11.3.7 Collaborations

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.1 Benchmarking
12.2 ABB
12.3 Siemens
12.4 Schneider Electric
12.5 Mitsubishi Electric
12.6 GE
12.7 Hitachi
12.8 Hyundai Heavy Industries
12.9 Fuji Electric
12.10 Nissin Electric
12.11 CG
12.12 Hyosung
12.13 Chint
12.14 Larsen & Toubro
12.15 Toshiba
12.16 Meidensha

*Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Gas Insulated Switchgear Market Snapshot
Table 2 Global Weighted Average Renewable Investment Costs, 2015 & 2025
Table 3 Global T&D Infrastructure Expansion Plans
Table 4 Global Urban Population Overview, By Region - 1990, 2014, and 2050
Table 5 Global Access to Electricity, By Region (2016)
Table 6 Key Smart Grid Investment Initiatives
Table 7 Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Billion)
Table 8 High Voltage Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Billion)
Table 9 Medium Voltage Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Billion)
Table 10 Medium Voltage Gas Insulated Switchgear Market Size, By Sub-Type, 2016–2023 (USD Billion)
Table 11 Primary Distribution Medium Voltage Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 12 Secondary Distribution: Medium Voltage Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 13 Gas Insulated Switchgear Market Size, By Voltage, 2016–2023 (USD Billion)
Table 14 Distribution Voltage: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 15 Sub-Transmission Voltage: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 16 High Voltage Transmission: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 17 Extra High Voltage Transmission: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 18 Gas Insulated Switchgear Market Size, By Installation, 2016–2023 (USD Billion)
Table 19 Gas Insulated Switchgear Market Size, By Connection, 2016–2023 (USD Billion)
Table 20 Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Billion)
Table 21 Power Transmission Utilities: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 22 Power Transmission Utilities: Gas Insulated Switchgear Market Size, By Ownership, 2016–2023 (USD Million)
Table 23 Power Distribution Utilities: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 24 Power Distribution Utilities: Gas Insulated Switchgear Market Size, By Ownership, 2016–2023 (USD Million)
Table 25 Power Generation: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 26 Infrastructure & Transportation: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 27 Industries & Oems: Gas Insulated Switchgear Market Size, By Region, 2016–2023 (USD Million)
Table 28 Industries & Oems: Gas Insulated Switchgear Market Size, By Industry Type, 2016–2023 (USD Million)
Table 29 Cement Production of Top 5 Countries, 2012–2015 (Million Tonnes)
Table 30 Gas Insulated Switchgear Market, By Region, 2016–2023 (USD Billion)
Table 31 North America: Gas Insulated Switchgear Market Size, By Country, 2015–2022 (USD Million)
Table 32 US: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 33 US: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 34 Canada: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 35 Canada: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 36 Mexico: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 37 Mexico: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 38 Asia Pacific: Gas Insulated Switchgear Market Size, By Country, 2016–2023 (USD Million)
Table 39 China: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 40 China: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 41 India: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 42 India: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 43 Japan: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 44 Japan: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 45 Australia: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 46 Australia: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 47 South Korea: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 48 South Korea: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 49 Indonesia: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 50 Indonesia: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 51 Malaysia: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 52 Malaysia: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 53 Singapore: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 54 Singapore: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 55 Taiwan: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 56 Taiwan: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 57 Thailand: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 58 Thailand: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 59 Phillipines: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 60 Phillipines: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 61 New Zealand: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 62 New Zealand: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 63 Europe: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 64 Germany: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 65 Germany: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 66 UK: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 67 UK: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 68 France: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 69 France: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 70 Spain: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 71 Spain: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 72 Italy: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 73 Italy: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 74 Norway: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 75 Norway: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 76 Sweden: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 77 Sweden: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 78 Denmark: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 79 Denmark: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 80 CIS Countries: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 81 CIS Countries: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 82 Rest of Europe: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 83 Rest of Europe: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 84 Middle East & Africa: Gas Insulated Switchgear Market Size, By Country, 2016–2023 (USD Million)
Table 85 Saudi Arabia: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 86 Saudi Arabia: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 87 UAE: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 88 UAE: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 89 South Africa: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 90 South Africa: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 91 Rest of Middle East & Africa: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 92 Rest of Middle East & Africa: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 93 South America: Gas Insulated Switchgear Market Size, By Country, 2016–2023 (USD Million)
Table 94 Brazil: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 95 Brazil: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 96 Rest of South America: Gas Insulated Switchgear Market Size, By End-User, 2016–2023 (USD Million)
Table 97 Rest of South America: Gas Insulated Switchgear Market Size, By Type, 2016–2023 (USD Million)
Table 98 ABB, the Most Active Player in the Gas Insulated Switchgear Market, 2014–2017
Table 99 New Product Developments
Table 100 Contracts & Agreements
Table 101 Mergers & Acquisitions
Table 102 Partnerships
Table 103 Investments & Expansions
Table 104 Joint Ventures
Table 105 Collaborations

List of Figures

Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Asia Pacific Held the Largest Share of the Gas Insulated Switchgear Market in 2017
Figure 5 Medium Voltage Gas Insulated Switchgear Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 6 Extra High Voltage Gas Insulated Switchgear Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 7 Power Distribution Utilities, By End-User, is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Indoor Type Gas Insulated Switchgear is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Growing Share of Renewable Power Generation is Expected to Drive the Gas Insulated Switchgear Market During the Forecast Period
Figure 10 The Power Transmission Utilities & the Market in China Held the Maximum Share of the Gas Insulated Switchgear Market in Asia Pacific in 2017
Figure 11 Indonesia is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Extra High Voltage Gas Insulated Switchgear Segment is Expected to Dominate the Gas Insulated Switchgear Market During the Forecast Period
Figure 13 Power Transmission Utilities, By End-User, is Expected to Dominate the Gas Insulated Switchgear Market During the Forecast Period
Figure 14 Gas Insulated Switchgear: Drivers, Restraints, Opportunities, & Challenges
Figure 15 High Voltage GIS is Expected to Hold the Largest Market Share By 2023
Figure 16 Gas Insulated Switchgear for Extra High Voltage is Expected to Hold the Largest Market Share By 2023
Figure 17 Outdoor GIS Segment is Expected to Hold the Largest Market Share By 2023
Figure 18 Power Transmission Utilities Segment is Expected to Hold the Largest Market Share By 2023
Figure 19 Regional Snapshot: the Market in Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Gas Insulated Switchgear Market Share (Value), By Region, 2017
Figure 21 Asia Pacific: Market Snapshot
Figure 22 Middle East & Africa: Market Snapshot
Figure 23 Key Developments in the Gas Insulated Switchgear Market, 2014–2017
Figure 24 ABB Held Largest Share in the Gas Insulated Switchgear Market By Value in 2016
Figure 25 ABB: Company Snapshot
Figure 26 Siemens: Company Snapshot
Figure 27 Schneider Electric: Company Snapshot
Figure 28 Mitsubishi Electric: Company Snapshot
Figure 29 GE: Company Snapshot
Figure 30 Hitachi: Company Snapshot
Figure 31 Hyundai Heavy Industries: Company Snapshot
Figure 32 Fuji Electric: Company Snapshot
Figure 33 Nissin Electric: Company Snapshot
Figure 34 CG: Company Snapshot
Figure 35 Hyosung: Company Snapshot
Figure 36 Larsen & Toubro: Company Snapshot
Figure 37 Toshiba: Company Snapshot
Figure 38 Meidensha: Company Snapshot

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