Press release
GIS Substations Market - Global Industry Analysis and Opportunity Assessment, 2022-2028
The research study on the global GIS Substations market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the GIS Substations market are included in the report.The GIS Substations market is expected to grow at a CAGR of 9.27% over the forecast period (2022-2028), according to Market intelligence data.
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Main Key Players:
ABB, 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, Sieyuan Electric, CHINT Group and others.
Industry News:
ABB has acquired 40 companies, including 7 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 8 assets.
ABB's largest acquisition to date was in 2010, when it acquired Baldor Electric for $4.2B. It's largest disclosed sale occurred in 2021, when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has acquired in 8 different US states, and 16 countries. The Company's most targeted sectors include electrical equipment (37%) and technology hardware (17%).
Dividing the Global GIS Substations Market by Product types and Application
Segmentation By Type:
High Voltage
Ultra High Voltage
Segmentation By Application:
Power Transmission and Distribution
Manufacturing and Processing
Others
Market Analysis and Insights: Global GIS Substations Market
GIS Substations Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global GIS Substations industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.
The report on the GIS Substations market covers the following region (country) analysis:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
Asia Pacific is expected to account for the largest market size during the forecast period
In this report, the gas substations market has been analyzed with respect to 6 regions, namely, North America, Europe, South America, Asia Pacific, and the Middle East and Africa. The market in Asia Pacific is estimated to be the largest market from 2022 to 2028. According to EIA, China and India together will account for consumption of one-half of the total energy consumption, by 2035. Southeast Asia is another promising and dynamic energy market with energy demand grown by 60% in the last 15 years. The extending generation connections in Asia Pacific is another major driver for expanding investments in the transmission and distribution network.
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Key takeaways from the GIS Substations Industry study
- Simplified and insightful comprehensive GIS Substations market analysis
- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges
- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends
- Exact GIS Substations industry valuation
- Future forecasts and GIS Substations market estimations followed by a demand to supply ratio projections
- Competitive benchmarking coupled with competitive analysis
- Key strategic initiatives fuelling GIS Substations market growth
- In-depth assessment of the product, application, and regional segments
- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies
Following are the major TOC of the GIS Substations Market:
Chapter 1: GIS Substations Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global GIS Substations Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global GIS Substations Market Forecast
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The years considered for the study are as follows:
Base Year: 2021
Estimated Year: 2022
Projected Year: 2028
Forecast Period: 2022 to 2028
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