The gas insulated substation (GIS) market has seen significant technological advancements in recent years. Some of the key technologies that have been developed and adopted by the industry include:
GIS switchgear: The switchgear used in GIS systems is designed to be more compact and efficient than traditional air-insulated switchgear. This results in a smaller overall footprint and reduced installation costs.
Gas insulation: The use of gas insulation, typically sulfur hexafluoride (SF6), in GIS systems provides excellent electrical insulation and arc-quenching properties. This enables GIS systems to operate at higher voltages and with greater reliability than air-insulated systems.
Monitoring and control systems: Advanced monitoring and control systems are used in GIS systems to provide real-time data on system performance and help to prevent faults and failures.
Download Sample Report @ https://www.marketresearchfuture.com/sample_request/7011
Renewable energy integration: GIS systems are often used in renewable energy applications, such as wind and solar power, where they help to connect the power generated to the grid.
Smart grid integration: GIS systems are an important component of smart grids, as they enable efficient and reliable transmission and distribution of electricity.
Eco-friendly designs: GIS systems are increasingly being designed with a focus on reducing greenhouse gas emissions and minimizing environmental impact. This includes the use of eco-friendly insulating gases and the adoption of sustainable manufacturing practices.
Global Gas Insulated Substation Market Overview
The Gas Insulated Substation Market Size is expected to grow at a rate of USD 29.5 billion by 2025, at a CAGR of 9.27%.
Segmental Overview
The Gas insulated substation market is classified based on the end-user, voltage, and installation. According to the voltage segment, the global market has been segmented into four segments: extra-high-voltage, ultra-high voltage, medium voltage, and high voltage. The increasing implementation of smart metering and smart grid technologies is leading to rapid improvement in the power distribution sector, where the medium voltage gas demand is increasing. According to the installation segment, the global market is classified into outdoor and indoor. Among these two segments, the indoor segment is expected to increase the largest Gas insulated substation Market Share during the reviewed period. According to the end-user segment, the global market is classified based on the power transmission utility, power generation utility, power distribution utility, and other (railways and heavy industries).
Key Players
The key players of the global Gas Insulated Substation Market are Toshiba Corporation (Japan), Siemens AG (Germany), Fuji Electric Co. Ltd (Japan), Crompton Greaves (India), Hitachi Ltd. (Japan), ABB Ltd. (Switzerland), Schneider Electric (France), Larsen Toubro (India), General Electric (US), Hyundai Heavy Industries (South Korea), Hyosung Corporation (South Korea), and Mitsubishi Electric Company (Japan).
