The Asia Pacific Gas Insulated Switchgear Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
GIS hybrid system is an appropriate blending of three-phase common features and independent phase components. Here, the attachment from the bus bar is made simpler by the three-phase common configuration bar system. Phase-to-phase faults are avoided by the isolated phase equipment. This is the best design while keeping the space needed and the maintenance facility in mind. In the compact GIS, one functional element is enclosed within a single enclosure of metal in this GIS system.
A current transformer, 3-phase circuit breaker, earth switches, and even other feeder parts may all be included in a single metal container in some designs. High-Level Integration design, which was established in the year 2000, encloses all of the substation's equipment in a single enclosure housing. Because it offers a comprehensive solution for an outdoor substation in a single unit, users have come to appreciate this type of substation. As a result, an entire outdoor switch yard can be replaced by just equipment.
GIS substations are the primary option for the type of installation in regions with inadequate space and/or subjected to contamination and pollution dust, salt layers, chemicals, etc. that could cause overloads in other types of distribution systems. This is because of their small, compressed, and armored structure. These devices are best used in congested, heavily polluted urban or industrial settings. These gadgets are more easily blended into their surroundings owing to their modest structure, without detracting from the environment's beauty.
With China and India at the forefront, the region also has the fastest-growing market for the use of renewable energy. Grid stability is a major concern in nations with high degrees of renewable power integration in existing grids, which also necessitates the modernization of outdated T&D infrastructure. The majority of rising nations are unable to supply all of the local electricity demand as it rises. As a result, new power stations are being constructed here. The gas-insulated switchgear market in the region is therefore expected to grow over the next years as a result of the trend.
The China market dominated the Asia Pacific Gas Insulated Switchgear Market by Country in 2021; thereby, achieving a market value of $3,697.8 million by 2028. The Japan market is exhibiting a CAGR of 6% during (2022 - 2028). Additionally, The India market is experiencing a CAGR of 7.3% during (2022 - 2028).
Based on Installation, the market is segmented into Outdoor and Indoor. Based on Voltage Rating, the market is segmented into Above 220 kV, Up to 36 kV, 37 to 73 kV, and 74 to 220 kV. Based on Configuration, the market is segmented into Hybrid, Isolated Phase, Integrated Three Phase, and Compact GIS. Based on Insulation Type, the market is segmented into SF6 and SF6 Free. Based on End-User, the market is segmented into Power Transmission Utilities, Power Distribution Utilities, Power Generation Utilities, Railways & Metros, Industries & OEM, and Commercial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Gas Insulated Switchgear Market is Projected to reach USD 33.9 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Schneider Electric SE, General Electric (GE) Co., Siemens AG, Eaton Corporation, Mitsubishi Electric Corporation, Hitachi, Ltd., Fuji Electric Co., Ltd., Powell Industries, Inc. and Hyundai Electric and Energy Systems Co., Ltd.
By Installation
By Voltage Rating
By Configuration
By Insulation Type
By End-User
By Country
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