Press release
Gas-Insulated Switchgears Market 2023 Key Players- Schneider Electric SE, Mitsubishi Electric Co, Alstom SA, Toshiba, Hyundai heavy industries, Hitachi, Fuji Electric, Nissin Electric, Xian XD, Hyosung, Bharat Heavy Electric Ltd., Eaton, Meidensha
The global gas-insulated switchgear market is expected to be driven by the factors such as a rise in demand for reliable power transmission and distribution infrastructure, need for eco-friendly switchgears, and increasing distribution connections by industries and utilities. The gas-insulated switchgear provides a range of advantages over conventional switchgears including, small space requirement, high reliability, safety, environmental compatibility, and long maintenance intervals. The design of the gas-insulated switchgears can significantly vary from isolated phase, to compact and hybrid switchgears. The gas-insulated switchgears are expected to have long life than other switchgears, the main reason being non oxidizing nature of SF6 gas and steel enclosure. The switchgear also manages the risk of operation and atmospheric pollution.Key Players
The key players of global gas-insulated switchgear market are Schneider Electric SE (France), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Alstom SA (France), Siemens AG (Germany), and Toshiba (Japan). Larsen & Turbo (India), Hyundai heavy industries (South Korea), Hitachi (Japan), Fuji Electric (Japan), Nissin Electric (Japan), Xian XD (China), Hyosung (China), Bharat Heavy Electric Ltd. (India), Eaton (Ireland), and Meidensha (Japan) are among others.
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Segmental Analysis
Global gas-insulated switchgears market has been segmented on the basis of voltage rating, application, technology, and regions. Voltage rating segment is further segregated as medium voltage and high voltage. With advancement in technology in switchgears manufacturing, the high voltage gas-insulated switchgears are expected to hold the major market segment. On the basis of application the market is classified as industrial, utility, power generation, infrastructure and others. Utility segment is anticipated to dominate the market owing to increasing infrastructure in the power sector. Based on technology type, the gas-insulated switchgear market is further segmented as integrated three-phase, compact gas insulated switchgear, and hybrid switchgear. Among these, compact gas switchgear are gaining attention from major manufacturers as this design of switchgear includes all elementary switchgear components, such as three-phase circuit breaker, switches, current transformer, and feeder elements in a single metal capsule.
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List Of Tables
Table 1 Global Gas-Insulated Switchgears Market: By Region, 2017-2023
Table 2 North America Gas-Insulated Switchgears Market: By Country, 2017-2023
Table 3 Europe Gas-Insulated Switchgears Market: By Country, 2017-2023
Table 4 Asia Pacific Gas-Insulated Switchgears Market: By Country, 2017-2023
Table 5 RoW Gas-Insulated Switchgears Market: By Country, 2017-2023
Table 6 Global Gas-Insulated Switchgears Market, By Sector, By Regions, 2017-2023
Table 7 North America Gas-Insulated Switchgears Market, By Sector, By Country, 2017-2023
Table 8 Europe Gas-Insulated Switchgears Market, By Resin Type, By Country, 2017-2023
Table 9 Asia Pacific Gas-Insulated Switchgears Market By Sector, By Country, 2017-2023
Table 10 RoW Gas-Insulated Switchgears Market By Sector, By Country, 2017-2023
Table 11 Global Gas-Insulated Switchgears Market By Voltage Market: By Regions, 2017-2023
Table 12 North America Gas-Insulated Switchgears Market By Voltage: By Country, 2017-2023
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List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Gas-Insulated Switchgears MarketShare, By Sector, 2016 (%)
Figure 9 Global Gas-Insulated Switchgears Market, By Sector, 2015-2023 (USD Million)
Figure 10 Global Gas-Insulated Switchgears MarketShare, By Application, 2016 (%)
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