Gas Insulated Substation Market Challenges, Analysis, Major Competitor and Strategies, Regional Outlook, 2021 to 2031 | ABB Ltd., Cevian Capital, BlackRock, Capital Group Companies

New York, According to a new market research report published by Global Insight Services Gas Insulated Substation Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the 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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