Substations play a vital role in electricity distribution infrastructure as part of transmission and distribution systems, performing several key tasks such as high-to-low voltage conversion or vice versa. Electricity can flow to the customer through a number of substations between the power stations. Substations can house transformers to change voltage rates between elevated and low transmission and distribution voltages or at the intersection of two distinct transmission voltage levels.

Due to their elevated effectiveness and compact nature, the demand for gas-insulated substations has increased significantly in the latest years, with a size of approximately one-tenth of standard substations. It is anticipated that the gas-insulated substation market will profit from increasing soil scarcity issues, particularly in urban regions. Increasing usable property expenses and increasing demand for compact power transmission and distribution systems are important variables that boost the gas-insulated substation industry.

Key Factors Impacting Market Growth:

• Rising demand for energy and space in densely populated urban areas

• Increasing investment in the T&D sector

• Developing an environmentally friendly alternative to Sf6 Gas

• Increasing adoption of HVDC Technology

Regional Analysis:

The regional outlook for gas-insulated substation market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for the gas-insulated substation market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of the gas-insulated substation market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on.

The Asia Pacific is estimated one of the fastest growing regions for the gas-insulated substation market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater to high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. The rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: ABB Ltd, Alstom S.A, Siemens A.G, Mitsubishi Electric Corporation, Hitachi Limited, Schneider Electric SE, Hyundai Heavy Industries Co Limited, Toshiba Corporation, Fuji Electric Co. Ltd. and Nissin Electric Co. Ltd...

Market Segmentation:

By Voltage:

• Medium Voltage

• High Voltage

• Extra-High Voltage

By Installation:

• Indoor

• Outdoor

By Region:

• North America

• By Country (US, Canada, Mexico)

• By Voltage

• By Installation

• Western Europe

  • By Country (Germany, UK, France, Spain, Rest of Western Europe)

  • By Voltage

  • By Installation

• Eastern Europe

  • By Country (Russia, Turkey, Rest of Eastern Europe)

  • By Voltage

  • By Installation

• Asia Pacific

• By Country (China, Japan, India, Rest of Asia Pacific)

• By Voltage

• By Installation

• Middle East:

  • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

  • By Voltage

  • By Installation

• Rest of the World

• By Region (South America, Africa)

• By Voltage

• By Installation

Reasons To Buy This Report:

• Market size estimation of the gas-insulated substation market on a regional and global basis

• Unique research design for market size estimation and forecast

• Profiling of major companies operating in the market with key developments

• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment

• By Sub-segment

• By Region/Country

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