Press release
U.S. Gas-Insulated Switchgear Market to Reach $10.8 Billion by 2032, Driven by Urbanization and Renewable Energy Expansion
Urbanization is a key driver of this market expansion. With over 80% of the U.S. population living in urban areas, the need for space-efficient and reliable power distribution is rising. GIS technology provides an ideal solution with its compact design, ensuring seamless electricity transmission in high-density regions.
Stay ahead in the rapidly evolving U.S. gas-insulated switchgear market by accessing in-depth industry insights: https://www.psmarketresearch.com/market-analysis/us-gas-insulated-switchgear-market
Another crucial factor is the transition toward renewable energy. The U.S. is expected to generate 286 billion kilowatt-hours (kWh) of solar energy in 2025, up from 163 billion kWh in 2023. GIS plays a vital role in stabilizing the grid by efficiently integrating fluctuating renewable energy sources like solar and wind.
Key Insights
Installation Type Analysis:
Outdoor GIS installations are expected to dominate in 2024, accounting for around 55% of the market share. Their high durability and suitability for high-voltage applications in harsh environments make them the preferred choice. However, indoor GIS installations are projected to grow rapidly due to increasing urbanization and space constraints.
Insulation Type Trends:
While sulfur hexafluoride (SF6)-insulated switchgear currently leads the market due to its superior insulating properties, concerns about SF6's environmental impact are driving the adoption of eco-friendly alternatives. The demand for SF6-free GIS is expected to grow at a CAGR of 7.3%, as the industry shifts toward sustainable solutions.
Voltage Rating Insights:
High-voltage GIS (above 220 kV) is anticipated to capture approximately 35% of the market share in 2024, given its critical role in long-distance power transmission and grid stability. At the same time, GIS systems with voltage ratings up to 36 kV are projected to experience the fastest growth, driven by their increasing use in urban infrastructure and underground substations.
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Regional Growth Patterns:
The southern U.S. is expected to register the highest CAGR over the forecast period, driven by its large and growing population. With nearly 38.4% of the U.S. population residing in this region, the rising electricity demand is accelerating GIS adoption to support grid expansion and modernization.
Technological Advancements:
The GIS market is undergoing a transformation, with innovations aimed at improving efficiency, reliability, and environmental sustainability. Companies are focusing on compact designs for space-limited urban environments and developing eco-efficient insulating gases as alternatives to SF6. These advancements enhance performance while reducing environmental impact and maintenance costs.
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