Press release
Global GIS Substations Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-gis-substations-market_p128704.html
Global GIS Substations Market Expand To $33812.74 Million By 2025 From $26490.10 Million In 2019
A GIS substation is a high voltage substation in which the major structures are contained in a sealed environment with sulfur hexafluoride gas as the insulating medium.
Gas insulated switchgears (GISs) are installed as substation equipment and receiving equipment for safe and stable supply of electricity. Circuit breakers, disconnectors, earthing devices, etc. are enclosed and stored in metal containers using a high-insulation-performance gas. Thus, the equipment is very compact, reliable, and safe.
A GIS Substation uses a superior dielectric gas, SF6, at moderate pressure for phase-tophase and phase-to-ground insulation. The high voltage conductors, circuit breaker interrupters, switches, current transformers, and voltage transformers are in SF6 gas inside grounded metal enclosures.
Global revenue of GIS Substations has kept growing during the past five years with an average growth rate of 3.92%. Compared to 2017, GIS Substations market managed to increase revenue by 6.24 percent to $25681.28 million worldwide in 2018 from $24172.56 million in 2017. Overall, the GIS Substations market performance is positive, despite the weak economic environment.
The global GIS Substations market is forecasted to keep the trend and expand to $33812.74 million by 2025 from $26490.10 million in 2019, growing at a CAGR of 4.15% from 2019 to 2025. And it is expected to reach 1222 units in 2025, in terms of volume.
As the technology of GIS Substations is relatively mature and the downstream market, especially for Transmission and Distribution market is growing fast, so there are lots of enterprises in the GIS Substations market. The GIS Substations market competition will be still intense. ABB is the leading manufacturer in the global Gas Insulated Switchgear market with the market share of 8.21%, in terms of revenue, followed by GE Grid Solutions, Siemens, Mitsubishi Electric, Toshiba, Fuji Electric, Hyundai, Eaton, Hyosung, Schneider Electric, Nissin Electric, Crompton Greaves, Xi’an XD High Voltage, NHVS, Shandong Taikai, Pinggao Electric Co., Ltd, Sieyuan Electric and CHINT?Group. The top 18 listed companies accounted for 70% of the market share in 2018.
GIS Substations is widely adopted across the power utility application and industry, including: Mining Industry, Iron-steel Industry, Cement Industry, Petroleum & Gas Industry, Power Rental Industry, Paper Industry, Chemical Industry, Power Generation, Shipbuilding Industry, etc. In the application segment, Power Transmission and Distribution segment accounted for the most of market share (65.15% in 2018), in terms of volume, while Manufacturing and Processing segment accounted for 28.26%. Briefly speaking, in the next few years, GIS Substations industry will still be an energetic industry.
Although GIS Substations market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-gis-substations-market_p128704.html
Related Information:
North America Saddle Washers Market 2019 Forecast to 2024
United States Saddle Washers Market 2019 Forecast to 2024
Asia-Pacific Saddle Washers Market 2019 Forecast to 2024
Europe Saddle Washers Market 2019 Forecast to 2024
EMEA Saddle Washers Market 2019 Forecast to 2024
Global Saddle Washers Market 2019 Forecast to 2024
China Saddle Washers Market 2019 Forecast to 2024
Customization Service of the Report :
Global Info Research provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
Contact US
Global Info Research
E-mail: report@globalinforesearch.com
Tel: +86-13660489451 00852-58197708(HK)
Add:FLAT/RM A 9/F SILVERCORP INTERNATIONAL TOWER 707-713 NATHAN ROAD MONGKOK KL HONG KONG
Website: http://www.globalinforesearch.com
About Us:
GlobaI Info Research（GIR） is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. Global Info Research will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global GIS Substations Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 here
News-ID: 1881168 • Views: …
More Releases from Global Info Research
Two-Dimensional Monoelement Materials Market Research Report: Types, Volume, Rev …
Global Info Research's report offers key insights into the recent developments in the global Two-Dimensional Monoelement Materials market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to…
Acid Dye Digital Ink Market Size, volume, Revenue, Trends Analysis Report 2023-2 …
Global Info Research's report offers key insights into the recent developments in the global Acid Dye Digital Ink market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market…
Digital Printing Ink for Fabric Market Analysis, Demand, Trends and Forecast 202 …
Global Info Research's report offers key insights into the recent developments in the global Digital Printing Ink for Fabric market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the…
Global Indium(III) Selenide Market Size, Growth Rate, Industry opportunities 202 …
Global Info Research's report offers key insights into the recent developments in the global Indium(III) Selenide market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help…
More Releases for GIS
Mobile GIS Market is Anticipated to Gain Moderate CAGR by 2027 | ESRI, GIS Cloud
Mobile GIS market research analysis depicts severe economic consequences caused due to the outbreak COVID-19, which affected the entire society and world economy. Present and previous pricing structure made here helps industry players to bring the right products into the market and gain huge returns. Newly entering market player needs to take the help of this Mobile GIS market research when launching any new product. A few of the vital…
GIS Software Market 2025 by Component, Type of GIS Software, Functions, Organiza …
Increasing adoption of GIS for facilities management, integration of GIS with mainstream technologies for business intelligence, and growing demand for GIS software for smart cities development as well as urban planning have fueled the growth of the global GIS Software Market.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5259
The global GIS software market was valued at $3.24 billion in 2017 and is expected to hit $7.86 billion in 2025, registering a CAGR of 11.8% from…
Geographic Information System Market (GIS) 2019 Global Analysis by Top Industry …
Global Geographic Information System Market 2019-2024 Research Report is an exhaustive study on the present industry scenario of the Global Geographic Information System market with a special focus on the industry and growth of the market. The Geographic Information System Market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024.…
Global Cloud GIS Market 2017: SuperMap, GeoStar, Google Maps (Google), Bing Maps …
Global Cloud GIS Market Report 2017-2022
Industry research report that focuses on Cloud GIS Market and provides in-depth Global Cloud GIS market analysis and future prospects of Cloud GIS market 2017-2022 analyses the crucial factors of the Cloud GIS market based on current industry conditions, market trends & demands, business methods embraced by Cloud GIS market contenders and their growth scenario. This report also provides in-depth data of Cloud GIS…
Global Geographic Information System (GIS Software) Market 2017: Hexagon, Pitney …
The research Report titled Global Geographic Information System (GIS Software) market is an in-depth and a professional document that provides a comprehensive overview and depth perception of the key regional market standing of the Geographic Information System (GIS Software) trade on an global level that especially focuses on the core regions such as North & South America, Europe, Africa, South & Middle East Asia and Australia and also the key…
Global Cloud GIS Market 2017-2022 Carto DB, ESRI, Hexagon, GIS Cloud, Mapbox
Cloud GIS Market Research Report
A market study ” Global Cloud GIS Market ” examines the performance of the Cloud GIS market Size 2017. It encloses an in-depth Research of the Cloud GIS market state and the competitive landscape globally. This report analyzes the potential of Cloud GIS market in the present and the future prospects from various angles in detail.
Request For Sample Report: http://bit.ly/2hgrZNQ
The Global Cloud GIS Market 2017…
