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Gas Insulated Substation Market Challenges, Analysis, Major Competitor and Strategies, Regional Outlook, 2021 to 2031 | ABB Ltd., Cevian Capital, BlackRock, Capital Group Companies
Gas Insulated Substation Market
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A gas insulated substation (GIS) is a substation in which the equipment is placed inside a sealed enclosure filled with a gas that has a high dielectric strength, such as sulfur hexafluoride or perfluoromethane.
The high dielectric strength of the gas allows the equipment to operate at a higher voltage than air-insulated substations. The gas also inhibits arcing and corona discharge, which can cause equipment failures.
Key Trends
There are a few key trends in gas insulated substation technology:
1. Increased use of gas insulated substations (GIS)
2. Higher voltages and capacities
3. More advanced monitoring and control systems
4. More sophisticated gas mixtures
Key Drivers
The key drivers of the Gas Insulated Substation market are its cost-effectiveness, flexibility, and reliability. Gas Insulated Substation reduces the size of the substation by using gas instead of air to insulate the equipment. This results in a smaller footprint and lower construction costs.
Gas Insulated Substation is also more flexible than air-insulated substations, as it can be easily relocated. In addition, Gas Insulated Substation is more reliable than air-insulated substations, as it is less susceptible to weather-related outages.
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Market Segmentation
The Gas Insulated Substation Market is segmented by voltage type, installation, end-user, and region. By voltage type, the market is classified into medium, high, and extra high. By installation, the market is classified into indoor and outdoor. By end-user, the market is divided into power transmission utility, distribution utility, generation utility, and infrastructure & others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Gas Insulated Substation Market are Schneider Electric SE,Alstom SA (General Electric), ABB Ltd., Cevian Capital, BlackRock, Capital Group Companies, Siemens , Hitachi, Ltd., L&T and Toshiba Corporation.
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Reasons to buy Gas Insulated Substation Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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