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Gas Insulated Transmission Lines Market is expected to reach USD XX Billion in 2028

The Gas Insulated Transmission Lines Market size is expected to reach USD XX Billion in 2028, growing at a CAGR of XX% over the period from 2016-2028. GIL (Gas Insulated Transmission Lines) is basically used for long-distance transportation of high voltage electricity. Thus, it is a support to overhead transmission lines. It also provides benefits in the form of low losses and unaltered supply capacity owing to attenuation. GIL requires less maintenance and offers a high range of security due to a high strength metallic shelter. It does not use any flammable material and therefore, its adoption in crowded areas is safe.

In addition to this, GIL does not produce high levels of electromagnetic radiation, which is hazardous to birds. As GIL does not use any flammable material, it can be easily installed in railway tunnels, streets, and beneath the bridges. The gas insulated transmission line usually consists of 3- phase encapsulated aluminum tubes, which can be directly inserted in the ground. For providing electrical insulation, the space between the conductor pipe and the enclosure is filled with a mixture of nitrogen and SF6.

Low emission of magnetic field, low losses, and high transmission volume are the prime factors that are driving the growth of the market and are offering opportunities for the prominent manufacturers. Over the next few years, it is predicted that the global gas insulated transmission line industry will grow with a double-digit CAGR, as gas insulated transmission line is an innovative, future-oriented technological service for power transmission.

The growing demand for high voltage from large-scale manufacturing companies and metropolitan regions, and the increasing number of high voltage projects are anticipated to drive the global gas insulated transmission lines market over the forecast period. Likewise, flexibility, high overload capability, high safety, less space requirement, low mutual capacitance (low charging current/power), minimal electromagnetic radiation, and less maintenance are some of the factors that are expected to boost the global insulated transmission line market during the prediction period.

Additionally, GIL includes high outer width, and its does not need any external material for cooling. Further, there is no need of phase angle compensation up to system dimensions of around 70 km. These factors are also driving the global gas insulated transmission lines market. In the current scenario, process and manufacturing industries are important sectors in many economies for revenue and investment realization. Increasing mining and metal extraction has led to a major rise in demand for electricity networks to ensure high reliability and constant operations, which will foster the gas insulated transmission lines market volume.

Additionally, the combination of sustainable energy infrastructure accompanied by capital from local governing authorities and global institutes like IFC and World Bank in emerging countries will positively influence the industry’s growth. Gas insulated transmission line over Europe will witness high growth due to the growing share of renewable energy sources, along with stringent energy efficacy directives. Governments with an objective to increase the sustainable energy systems are making high investment to serve their T&D networks and electricity generation.

Global Gas Insulated Transmission Lines Market, By Installation Method

In terms of installation method, the market is sub-segmented into tunnel installation, aboveground installation, direct burial, and vertical installation.

Global Gas Insulated Transmission Lines Market, By Application

The global gas insulated transmission lines market can be segmented on the basis of application into oil industry, electrical industry, textile industry, chemical industry, mining industries, cement industry, and others. In the oil industry, coal-fired boilers need a copious amount of high voltage electricity. 

Global Gas Insulated Transmission Lines Market, By End User

The global gas insulated transmission lines market can be segmented on the basis of end user into railway, airport, computer centre, metropolitan cities, and others.

Some Key Findings of the Global Gas Insulated Transmission Lines Market Report Include:

  • A holistic in-depth study of the parent market.
  • Region-wise and country-wise analysis of the global gas insulated transmission lines market to get the share and growth details in these areas.
  • Comprehensive information regarding the current R&D activities performed by each market service provider.
  • Several major factors which are impacting the consumption pattern of customers across a number of countries and regions.
  • Year-on-year development of the global gas insulated transmission lines market in terms of value and volume.
  • Past and future progress of the global gas insulated transmission lines market.
  • Strategic Frameworks of the market to boost the growth journey.
  • Eminent industry players operating across the gas insulated transmission lines market includes Grupo COBRA, Beta Engineering, Siemens AG, TBEA Energy, L&T Construction, AZZ Inc., Jiangnan Group Limited, General Electric, RWE AG, and others.

Market Segmentation:

By Installation Method:

    • Above ground Installation
    • Tunnel Installation
    • Vertical Installation
    • Direct Burial

By End-use Industry:

    • Electrical & Electronics
    • Oil & Gas
    • Chemical
    • Cement
    • Textiles
    • Mining
    • Others

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East
  • Rest of the World

 

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