Press release
Driving Gas-Insulated Substation Market Growth in 2025: The Role of Clean Energy Demand Propels Growth In Gas-Insulated Substation Market
Gas-Insulated Substation Market
Gas-Insulated Substation Market Size Growth Forecast: What to Expect by 2025?
In the last few years, there's been a swift expansion in the gas-insulated substation market. This market, valued at $24.45 billion in 2024, is projected to surge to $27.05 billion in 2025, representing a compound annual growth rate (CAGR) of 10.6%. The impressive growth observed during the historical period can be credited to factors such as the evolution of high voltage transmission systems, the challenges of space constraints and urbanization, the necessity for dependable power infrastructure, environmental concerns, and heightened grid complexity.
How Will the Gas-Insulated Substation Market Size Evolve and Grow by 2029?
Expectations point towards a swift expansion in the gas-insulated substation market's size in the ensuing years, with its value projected to hit $40.84 billion in 2029, representing a compound annual growth rate (CAGR) of 10.9%. The imminent growth for the forecast period can be linked to regulatory support, escalating concerns over the environment, an increasing demand for compact and high-efficiency substations, emphasis on grid resilience and reliability, and a spike in grid modernization efforts, alongside a shift towards renewable energy. The forecast period is also expected to highlight major trends such as innovation in products, technological progress, an increased focus on grid reliability, the integration of renewable energy sources, and advancements in GIS technology.
View the full report here:
https://www.thebusinessresearchcompany.com/report/gas-insulated-substation-global-market-report
What Drivers Are Propelling the Growth of Gas-Insulated Substation Market Forward?
The growth of the gas-insulated substation market is being propelled by the rising demand for clean energy. This term refers to power that is derived from renewable, zero-emission sources, which in their usage do not contaminate the atmosphere. This energy can additionally be saved through effective power efficiency measures. The standard 245 kV voltage utilized in European high voltage grid solutions, notably high voltage products, are provided by GE Renewable Energy. Enabling SF6-free gas-insulated substations to operate at 245 kV will be instrumental in promoting the decarbonization of the high-voltage grid. For instance, a 2023 report by U.S. Energy Information Administration (EIA), a U.S. agency, revealed that utility-scale electrical power production from hydropower in the U.S. totaled 240 billion kWh, equivalently making up 5.7% of the overall energy share. As such, the expansion of the gas-insulated substation market can be attributed to the growing demand for clean energy.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8917&type=smp
Which Emerging Trends Are Transforming the Gas-Insulated Substation Market in 2025?
The trend of product innovation is playing a significant role in the gas-insulated substation market. Leading companies in this market are striving to develop exceptional solutions to compete and solidify their market standing. For instance, Toshiba, a company based in Japan specializing in electronics, introduced a 72kV GIS in March 2023 as a substitution for the equipment at TEPCO PG's Fuchu Substation. The 72kV GIS includes a circuit breaker that stops fault current in a transmission line to protect other electrical equipment, a transmission system switch, a lightning arrester, and an instrument transformer. Remarkably, the 72kV GIS uses a composite of nitrogen and oxygen, also known as synthetic air, as its insulation medium. This is not only safe but also has zero impacts on global warming in case of leakage.
What Are the Key Segments in the Gas-Insulated Substation Market?
The gas-insulated substation market covered in this report is segmented -
1) By Voltage: Medium Voltage, High Voltage, Extra High Voltage
2) By Installation: Indoor, Outdoor
3) By Application: Power Transmission, Power Distribution, Power Generation
4) By End-User: Power Utilities, Industrial Sector, Commercial And Residential Sector
Subsegments:
1) By Medium Voltage: Distribution Substations, Urban And Rural Applications
2) By High Voltage: Transmission Substations, Industrial Applications
3) By Extra High Voltage: HVDC (High Voltage Direct Current) Substations, Ultra High Voltage (UHV) Substations
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8917&type=smp
Who Are the Key Players Shaping the Gas-Insulated Substation Market's Competitive Landscape?
Major companies operating in the gas-insulated substation market are Hitachi Ltd., Larsen & Toubro Limited, Eaton Corporation PLC, CG Power and Industrial Solutions Limited, Schneider Electric SE, Bharat Heavy Electricals Limited, Elsewedy Electric Co S.A.E., Powell Industries Inc., Hyosung Corporation, Fuji Electric Co. Ltd., Hyundai Heavy Industries Co. Ltd., ABB Ltd., Siemens AG, Toshiba Corporation, General Electric, Mitsubishi Electric Corporation, Tbea Co. Ltd., Entec Electric & Electronic Co. Ltd., ILJIN Electric, Nissin Electric, Meidensha Corporation, LUCY ELECTRIC INDIA PRIVATE LIMITED, Chint Group, SEL S.P.A., ERICO International Corporation
What Geographic Markets Are Powering Growth in the Gas-Insulated Substation Market?
Asia-Pacific was the largest region in the gas-insulated substation market share in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the gas-insulated substation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8917
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Driving Gas-Insulated Substation Market Growth in 2025: The Role of Clean Energy Demand Propels Growth In Gas-Insulated Substation Market here
News-ID: 4085125 • Views: …
More Releases from The Business Research Company
Outlook for the Ready To Drink (RTD) Alcoholic Beverages Market: Major Segments, …
The ready-to-drink (RTD) alcoholic beverages market is on track to experience significant growth over the coming years, driven by evolving consumer preferences and industry innovations. This sector is rapidly expanding as more consumers seek premium, convenient, and sustainable options in their alcoholic beverage choices. Let's explore the market's projected size, key drivers, major players, emerging trends, and segmentation details shaping its future.
Projected Expansion and Market Size of the Ready To…
Emerging Sub-Segments Transforming the Pumpkin Seed Protein Market Landscape
The pumpkin seed protein market is emerging as a promising sector within the broader landscape of plant-based proteins. With increasing consumer interest in alternative, allergen-free protein sources and sustainable nutrition, this market is set to witness substantial growth and innovation. Let's explore the market size projections, key players, current trends, and major product segments shaping the future of pumpkin seed protein.
Projected Market Valuation and Growth Expectations for Pumpkin Seed Protein…
Top Players and Market Competition in the Protein Hydrolysates Industry
The protein hydrolysates market is positioned for significant expansion in the coming years as consumer preferences and nutritional science continue to evolve. With increasing attention on tailored nutrition solutions and the rise of plant-based options, this market is gearing up for robust growth and innovation.
Protein Hydrolysates Market Size Projections Through 2030
The protein hydrolysates market is forecasted to grow substantially, reaching a value of $7.25 billion by 2030. This…
Processed Meat Market Overview: Major Segments, Strategic Developments, and Lead …
The processed meat industry is positioned for substantial expansion over the coming years, driven by evolving consumer preferences and technological advancements. As the market adapts to changing demands and regulatory landscapes, it is expected to reach impressive valuation milestones. Let's explore the current market size, key players, emerging trends, and detailed segment analyses shaping this sector's future.
Forecasted Market Size and Growth Trajectory of the Processed Meat Market
The processed…
More Releases for Substation
Transforming the Industrial Digital Substation Market in 2025: Rising Electricit …
What Is the Expected Size and Growth Rate of the Industrial Digital Substation Market?
There has been a substantial growth in the industrial digital substation market size recently. It is projected to escalate from $3.89 billion in 2024 to $4.19 billion in 2025, with a compound annual growth rate (CAGR) of 7.7%. The augmentation in the past can be credited to the surge in demand for reliable and competent power distribution…
Packaged Substation Market examines demand growth, trends, and technological inn …
"𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧-𝐌𝐚𝐤𝐢𝐧𝐠"
The global packaged substation market is projected to reach USD 32.40 billion by 2030 from USD 18.78 billion in 2023, at a CAGR of 9.2 % from 2023 to 2030.
Packaged Substation 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞, 𝐒𝐜𝐨𝐩𝐞, 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟑 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲'𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧.
Packaged Substation Market Future Outlook: The latest report published by Exactitude Consultancy highlights the growth prospects…
Digital Substation Market The Future of Power Distribution: Technological Advanc …
Digital Substation Market worth $13.77 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Digital Substation Market- (By Module (Hardware (Transformers, Busbars, Protection Devices (Circuit Breaker, Protective Relay, Switchgear), Interfacing Units (Human-machine interfaces (HMI), Remote terminal units (RTU), Programmable logic controllers (PLCs), Others)), Fiber-optic Communication Networks, SCADA Systems), By Type (Transmission Substation, Distribution…
Fact.MR Compact Substation Market Segmented By Application Type – Residential, …
Global Compact Substation Market: Introduction
A compact substation is a subordinate substation of an electricity generation, transmission and distribution system where voltage is transformed. The main aim of a compact substation is to step down high-voltage electricity to low-voltage electricity or vice-versa, so it can be easily utilized in residential and industrial applications.
Compact Substation is equipped with control and communication units in order to detect and extinguish fires quickly. Compact Substation…
Global Substation Automation Market
This report studies the Substation Automation market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The demand of Substation Automation is increasing now.
The global Substation Automation market was xx million US$ in…
Emergency Mobile Substation Market: Mobile Substation Is Required During Huge Po …
The Emergency Mobile Substation Market produces emergency mobile substation which is a self-contained trailer mounted substation which consists of a transformer, cooling equipment, high voltage switch gear, and low voltage switch gear. The mobile substation also has metering, protection relaying devices, AC and DC auxiliary power supply, surge protection, and cable connecting arrangement.
The main objective of the Emergency Mobile Substation Market is to build a mobile Delta star…
