MarkNtel Advisors Releases Comprehensive Study on the High-voltage (HV) Gas-insulated Switchgear (GIS) Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “High-voltage (HV) Gas-insulated Switchgear (GIS) Market Analysis, 2024–2030.”
This report provides a detailed assessment of the High-voltage (HV) Gas-insulated Switchgear (GIS) Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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High-voltage (HV) Gas-insulated Switchgear (GIS) Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
High-voltage (HV) Gas-insulated Switchgear (GIS) Market Outlook
According to the report, The Global High-voltage (HV) Gas-insulated Switchgear (GIS) Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2024-30. The market is driven by the increasing investment by the governments of different countries and their initiatives in activities for the development of transmission & distribution infrastructure for High-Voltage Gas-Insulated Switchgears, catering to the rising demand for electricity across locations.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Global High-voltage (HV) Gas-insulated Switchgear (GIS) Industry Recent Developments
- ABB is one of the leading technology companies that energizes the transformation of society and industry to achieve a productive, sustainable future. The company concentrated on sectors like infrastructure, financing, mobility, energy, etc. They provided end-to-end solutions to various industries. The energy business focuses on providing products & services like the installation to its consumers.
- In 2021, ABB announced the launch of its 420 kV high voltage hybrid switchgear, covering the offering range and reinforcing its technology leadership. The new product belongs to ABB’s PASS (Plug and Switch System) family of hybrid high voltage switchgear.
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High-voltage (HV) Gas-insulated Switchgear (GIS) Market Segmentation
The study categorizes the High-voltage (HV) Gas-insulated Switchgear (GIS) Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Insulation Type
- SF6
- SF6-free
By End Users
- Commercial
- Infrastructure
- Government
- Others
- Utilities
- Power Generation
- Power Transmission & Distribution
- Industrial
- Process
- Discrete
- Oil & Gas
- Others
- Transportation (Railways Metro, etc.)
- Others
By Installation
- Indoor
- Outdoor
By Configuration
- Hybrid
- Isolated Phase
- Integrated Three Phase
- Compact GIS
By Voltage Rating
- Upto 5KV
- 6 KV to 15KV
- 16 KV to 27 KV
- 28 KV to 40.5 KV
- 6 KV to 73 KV
- 74 to 220 KV
- Above 220 KV
Geographical Analysis
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the High-voltage (HV) Gas-insulated Switchgear (GIS) Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in High-voltage (HV) Gas-insulated Switchgear (GIS) Market Worldwide: Players, Analysis & Future Outlook
- ABB Ltd.
- Siemens
- Schneider Electric SE
- General Electric
- Eaton Corporation plc
- Mitsubishi Electric Corporation
- Hitachi
- Fuji Electric Co., Ltd.
- Nissin Electric Co., Ltd
- Meidensha Corporation
- Powell Industries Inc.
- HD Hyundai Electric
- Hyosung Heavy Industries
- Toshiba Energy Systems & Solutions
- CG Power and Industrial Solutions Limited and others.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/high-voltage-gas-insulated-switchgear-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the High-voltage (HV) Gas-insulated Switchgear (GIS) Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the High-voltage (HV) Gas-insulated Switchgear (GIS) Market?
4. Who are the prominent players in the High-voltage (HV) Gas-insulated Switchgear (GIS) Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.
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