産業用ガス絶縁開閉装置の世界市場：成長、将来展望、競合分析 (2024年～2032年)

産業用ガス絶縁開閉装置市場は、2024年から2032年の予測期間中にCAGR 5.5%で成長すると予測されています。産業用ガス絶縁開閉装置市場は、電力需要の高まりと効率的なトランスミッションおよび配電ソリューションの必要性により、大幅な成長が見込まれています。ガス絶縁開閉装置 (GIS) は、土地が限られている都市部など、コンパクトで閉鎖された空間での電力供給を管理する上で極めて重要です。この技術は、信頼性、安全性、最小限のメンテナンス要件で高く評価されており、従来の空気絶縁開閉装置よりもますます好まれています。

促進要因1：電力需要の増加と都市化

都市の拡大と電化：世界の人口が急増を続ける中、特に都市部では、信頼性が高く効率的な電力供給システムへの需要がかつてないほど高まっています。GISは、コンパクトな設計と最小限のスペースしか必要としないため、特に都市部に適しています。アジアやアフリカで急成長を遂げつつある都市は、広大な物理的スペースを必要とせずに電気インフラを強化できるGISに特に依存しており、その結果、都市化と産業化の取り組みを支えています。

促進要因2：技術の進歩と製品革新

安全機能の強化：最新のGISには高度な安全機構が搭載されており、従来の空気絶縁開閉装置で懸念された漏電や火災のリスクを大幅に低減しています。遮断技術と故障診断の革新により、GISは優れた性能と安全性を提供できるようになり、これは需要の高い産業用アプリケーションでは極めて重要です。

促進要因3：規制支援と環境政策

政府規制：世界各国政府は、電気システムのエネルギー効率と安全性に関する規制を強化しています。GISは、その信頼性と優れた性能特性により、このような規制環境で支持されています。これらのシステムは厳しい国際規格に適合しているため、各業界の重要なアプリケーションに適しています。

抑制要因：高い初期投資コスト

資本集約的な性質：ガス絶縁開閉装置市場の主な抑制要因は、その採用に伴う初期投資の高さです。GISでは洗練された設計と高度な材料が使用されるため、従来の開閉装置に比べて初期費用が高くなります。この金銭的障壁は、中小企業や資本が限られた地域がこの先端技術を採用することを躊躇させる可能性があります。長期的な節約と運用上の利点があるにもかかわらず、初期費用は依然として大きなハードルであり、新興国での市場浸透とGISの普及を遅らせる可能性があります。

電圧別市場セグメンテーション

ガス絶縁開閉装置市場では、電圧別に低電圧、中電圧、高電圧のGISがセグメンテーションされています。中電圧セグメントは、スペースが限られているが電力ニーズが大きい産業用および商業用電力システムで広く使用されていることが要因となって、現在市場で最も高い売上を占めています。中電圧GISは、その信頼性、安全性、コンパクトな設置面積が好まれ、スペースが限られている都市部の変電所や産業プラントに最適です。一方、年間平均成長率 (CAGR) が最も高いのは高圧セグメントです。高電圧GISは、長距離トランスミッションや、国家送電網や大規模産業プロジェクトに典型的な大負荷の処理に不可欠です。このセグメントの成長の原動力となっているのは、都市部や農村部の電化の拡大や、堅牢で高性能なスイッチギアを必要とする再生可能エネルギープロジェクトをサポートするために必要な、効率的で大容量のシステムに対する需要の高まりです。世界の各地域が、増大するエネルギー需要と持続可能なエネルギー源への移行に対応するため、電気インフラの強化・拡張を続けているため、高圧GISは大きな成長が見込まれています。

電流による市場セグメンテーション

ガス絶縁開閉装置市場は、扱う電流の種類 (交流 (AC) と直流 (DC)) によっても区分されます。ACセグメントが収益面で市場を独占しています。AC GISは、ほとんどの既存の電力網を流れる一般的な電力供給を効率的に管理する能力があるため、住宅、商業、産業部門を含むさまざまな用途で広く使用されています。この優位性は、成熟した技術とACシステムの世界の広範な導入によって支えられています。逆に、DCセグメントは予測期間中に最も高いCAGRを記録すると予測されています。DC GISセグメントの成長は、長距離および海底送電用のHVDC (高電圧直流) システムの採用増加によるものです。HVDCシステムは、長距離の電力損失を大幅に削減し、洋上風力発電所のような再生可能エネルギーをメイングリッドに統合するのに適しているため、普及が進んでいます。再生可能エネルギーへのシフトが加速し、より効率的なトランスミッションへのニーズが高まる中、DC GISは、現代および将来のエネルギー・インフラ・プロジェクトにおける重要な役割を反映し、大幅な市場牽引力を獲得すると予想されます。

地理的動向

ガス絶縁開閉装置市場は、インフラ開発、規制政策、技術進歩などの要因に影響され、地域によってさまざまな成長ダイナミクスが見られます。アジア太平洋は、急速な工業化、都市化、中国、インド、韓国などの国々における古い電気インフラのアップグレードへの投資の増加により、年間平均成長率 (CAGR) が最も高い地域として際立っています。これらの国々は、成長する産業部門と都市人口を支えるため、再生可能エネルギー能力を積極的に拡大し、トランスミッションと配電網の近代化を進めており、GISソリューションの需要に拍車をかけています。一方、欧州は、厳しい環境規制、エネルギー効率重視、エネルギー管理における先進技術の採用などを背景に、世界市場で最大の収益シェアを維持しています。欧州諸国は、持続可能な慣行の採用でリードしており、スマートグリッド技術の統合にいち早く取り組んでいます。スマートグリッドは、コンパクトなスペースで高電圧と電流を処理できる信頼性と効率性から、GISを幅広く活用しています。

競合動向と主要戦略

ガス絶縁開閉装置市場の競合情勢には、ABB、Bharat Heavy Electricals、CG Power and Industrial Solutions、E+I Engineering、Eaton、富士電機、General Electric、HD Hyundai Electric、日立製作所、Hyosung Heavy Industries、Lucy Group、三菱電機、Ormazabal、Schneider Electric、シーメンス、スキーマ、東芝といった主要企業が名を連ねています。これらの企業は市場で確固たる地位を確立しており、その戦略は主に技術革新、地理的拡大、顧客関係の強化に重点を置いています。例えば、シーメンスやABBのような企業は、環境にやさしく、SF6の代替ガスを使用するGISの導入で最先端を走っており、世界の持続可能性の目標に合致しています。ゼネラル・エレクトリック社やシュナイダー・エレクトリック社は、大規模な電化プロジェクトが進行している地域での成長機会を活用するため、新興市場の現地企業と提携や合弁事業を結ぶことで、市場への進出を拡大しています。2022年には、これらの企業は革新的な製品の提供と強力な世界販売網によって多額の収益を計上しました。2024年から2032年までの予測期間中、これらの企業は引き続き技術革新に注力し、特にGISソリューションにIoT機能を統合して機能性とエネルギー効率を高めることに重点を置くとみられます。この統合により、スマートシティ、再生可能エネルギーシステム、産業オートメーションにおけるGISの新たな応用分野が開拓され、市場成長が促進されると予測されます。さらに、戦略的買収や提携は、電力網近代化の進化する需要に対応するため、技術力を強化し、製品ポートフォリオを拡大するための重要な戦略であり続けると思われます。

目次

第1章 序文

• 分析内容
  • 分析の目的
  • 対象者
  • 主な提供内容
• 市場セグメンテーション
• 分析手法
  • フェーズⅠ：二次調査
  • フェーズⅡ：一次調査
  • フェーズⅢ：有識者レビュー
  • 前提条件
  • 採用したアプローチ

第2章 エグゼクティブサマリー

第3章 産業用ガス絶縁開閉装置市場：競合分析

• 主要ベンダーの市場ポジショニング
• ベンダーが採用した戦略
• 主要な産業戦略

第4章 産業用ガス絶縁開閉装置市場：マクロ分析と市場力学

• イントロダクション
• 世界の産業用ガス絶縁開閉装置市場 (金額ベース、2022～2032年)
• 市場力学
  • 市場促進要因
  • 市場抑制要因
  • 主な課題
  • 主な機会
• 促進要因と抑制要因の影響分析
• シーソー分析
• ポーターのファイブフォースモデル
  • サプライヤーパワー
  • バイヤーパワー
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係
• PESTEL分析
  • 政治的情勢
  • 経済的情勢
  • 技術的情勢
  • 法的情勢
  • 社会的情勢

第5章 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)

• 市場概要
• 成長・収益分析：2023年 vs 2032年
• 市場セグメンテーション
  • 低電圧
  • 中電圧
  • 高電圧

第6章 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)

• 市場概要
• 成長・収益分析：2023年 vs 2032年
• 市場セグメンテーション
  • 交流
  • 直流

第7章 北米の産業用ガス絶縁開閉装置市場 (2022～2032年)

• 市場概要
• 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：地域別 (2022～2032年)
  • 北米
    • 米国
    • カナダ
    • その他北米地域

第8章 英国と欧州連合の産業用ガス絶縁開閉装置市場 (2022～2032年)

• 市場概要
• 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：地域別 (2022～2032年)
  • 英国と欧州連合
    • 英国
    • ドイツ
    • スペイン
    • イタリア
    • フランス
    • その他欧州地域

第9章 アジア太平洋の産業用ガス絶縁開閉装置市場 (2022～2032年)

• 市場概要
• 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：地域別 (2022～2032年)
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • オーストラリア
    • 韓国
    • その他アジア太平洋地域

第10章 ラテンアメリカの産業用ガス絶縁開閉装置市場 (2022～2032年)

• 市場概要
• 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：地域別 (2022～2032年)
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他ラテンアメリカ地域

第11章 中東・アフリカの産業用ガス絶縁開閉装置市場 (2022～2032年)

• 市場概要
• 産業用ガス絶縁開閉装置市場：電圧別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：電流別 (2022～2032年)
• 産業用ガス絶縁開閉装置市場：地域別 (2022～2032年)
  • 中東・アフリカ
    • GCC
    • アフリカ
    • その他中東・アフリカ地域

第12章 企業プロファイル

• ABB
• Bharat Heavy Electricals
• CG Power and Industrial Solutions
• E+I Engineering
• Eaton Fuji Electric
• General Electric
• HD Hyundai Electric
• Hitachi
• Hyosung Heavy Industries
• Lucy Group
• Mitsubishi Electric
• Ormazabal
• Schneider Electric
• Siemens
• Skema
• Toshiba
• その他の主要企業

List of Tables

• TABLE 1 Global Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 2 Global Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 3 North America Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 4 North America Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 5 U.S. Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 6 U.S. Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 7 Canada Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 8 Canada Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 9 Rest of North America Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 10 Rest of North America Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 11 UK and European Union Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 12 UK and European Union Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 13 UK Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 14 UK Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 15 Germany Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 16 Germany Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 17 Spain Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 18 Spain Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 19 Italy Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 20 Italy Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 21 France Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 22 France Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 23 Rest of Europe Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 24 Rest of Europe Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 25 Asia Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 26 Asia Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 27 China Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 28 China Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 29 Japan Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 30 Japan Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 31 India Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 32 India Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 33 Australia Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 34 Australia Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 35 South Korea Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 36 South Korea Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 37 Latin America Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 38 Latin America Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 39 Brazil Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 40 Brazil Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 41 Mexico Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 42 Mexico Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 43 Rest of Latin America Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 44 Rest of Latin America Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 45 Middle East and Africa Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 46 Middle East and Africa Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 47 GCC Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 48 GCC Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 49 Africa Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 50 Africa Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)
• TABLE 51 Rest of Middle East and Africa Gas Insulated Industrial Switchgear Market By Voltage, 2022-2032, USD (Million)
• TABLE 52 Rest of Middle East and Africa Gas Insulated Industrial Switchgear Market By Current, 2022-2032, USD (Million)

List of Figures

• FIG. 1 Global Gas Insulated Industrial Switchgear Market: Market Coverage
• FIG. 2 Research Methodology and Data Sources
• FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
• FIG. 4 Global Gas Insulated Industrial Switchgear Market: Quality Assurance
• FIG. 5 Global Gas Insulated Industrial Switchgear Market, By Voltage, 2023
• FIG. 6 Global Gas Insulated Industrial Switchgear Market, By Current, 2023
• FIG. 7 Global Gas Insulated Industrial Switchgear Market, By Geography, 2023
• FIG. 8 Market Geographical Opportunity Matrix - Global Gas Insulated Industrial Switchgear Market, 2023
• FIG. 9Market Positioning of Key Gas Insulated Industrial Switchgear Market Players, 2023
• FIG. 10Global Gas Insulated Industrial Switchgear Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032
• FIG. 11 Global Gas Insulated Industrial Switchgear Market, By Voltage, 2023 Vs 2032, %
• FIG. 12 Global Gas Insulated Industrial Switchgear Market, By Current, 2023 Vs 2032, %
• FIG. 13 U.S. Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 14 Canada Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 15 Rest of North America Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 16 UK Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 17 Germany Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 18 Spain Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 19 Italy Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 20 France Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 21 Rest of Europe Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 22 China Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 23 Japan Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 24 India Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 25 Australia Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 26 South Korea Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 27 Rest of Asia Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 28 Brazil Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 29 Mexico Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 30 Rest of Latin America Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 31 GCC Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 32 Africa Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032
• FIG. 33 Rest of Middle East and Africa Gas Insulated Industrial Switchgear Market (US$ Million), 2022 - 2032

The gas insulated industrial switchgear market is expected to grow at a CAGR of 5.5% during the forecast period of 2024 to 2032. Gas insulated industrial switchgear market is poised for substantial growth, driven by the escalating demand for electricity and the need for efficient transmission and distribution solutions. Gas insulated switchgear (GIS) is crucial in managing power supply in compact and enclosed spaces, such as in urban areas where land availability is limited. This technology is highly appreciated for its reliability, safety, and minimal maintenance requirements, making it increasingly favored over conventional air-insulated switchgear.

Driver 1: Rising Demand for Electricity and Urbanization

Urban Expansion and Electrification: As global populations continue to surge, particularly in urban centers, the demand for reliable and efficient electricity supply systems is at an all-time high. GIS is especially suited for urban areas due to its compact design and minimal space requirements. Cities undergoing rapid growth in Asia and Africa are particularly reliant on GIS to enhance their electrical infrastructure without requiring extensive physical space, thus supporting urbanization and industrialization efforts.

Infrastructure Development Projects: Numerous countries are investing in major infrastructure projects, including the development of smart cities and the upgrade of aging electrical grids. GIS plays a pivotal role in these projects due to its ability to integrate with advanced technologies and manage high voltage systems efficiently, making it a preferred choice for future-ready electrical systems.

Case Study - Smart Grid Implementation: In regions like Europe and North America, the transition towards smart grids is facilitating the integration of renewable energy sources. GIS is instrumental in these initiatives, providing essential reliability and efficiency in energy transmission, crucial for maintaining grid stability amidst fluctuating power supplies from renewable sources.

Driver 2: Technological Advancements and Product Innovation

Enhanced Safety Features: Modern GIS comes equipped with sophisticated safety mechanisms that significantly reduce the risk of electrical faults and fires, a common concern with traditional air-insulated switchgear. Innovations in interruption technology and fault diagnostics enable GIS to offer superior performance and safety, which is critical in high-demand industrial applications.

Integration with IoT: The incorporation of Internet of Things (IoT) technology in GIS allows for real-time monitoring and control, which enhances operational efficiency and predictive maintenance capabilities. This integration supports the optimization of energy use and proactive management of electrical systems, leading to prolonged asset life and reduced downtime.

Development of Eco-Friendly GIS: With increasing environmental concerns, there is a growing trend towards the use of non-sulfur hexafluoride (SF6) gases in GIS. These eco-friendly gases reduce the ecological footprint of switchgear and align with global sustainability goals. Companies are developing SF6-free GIS that maintains the technical advantages of traditional GIS but with a significantly lower environmental impact.

Driver 3: Regulatory Support and Environmental Policies

Government Regulations: Worldwide, governments are enforcing stricter regulations on energy efficiency and safety in electrical systems. GIS is favored in this regulatory environment due to its reliability and superior performance characteristics. These systems meet stringent international standards, making them suitable for critical applications across industries.

Incentives for Energy-efficient Technologies: Many regions offer incentives for adopting energy-efficient technologies, including tax rebates and grants. Such policies promote the use of GIS, recognizing its role in enhancing energy efficiency and reducing operational costs in industrial and utility sectors.Adoption in Renewable Energy Projects: GIS is increasingly used in renewable energy projects, such as wind and solar farms, where efficient, high-capacity switchgear is crucial. The robustness and compactness of GIS make it ideal for these applications, facilitating the expansion of renewable energy infrastructures globally.

Restraint: High Initial Investment Costs

Capital Intensive Nature: The primary restraint in the gas insulated switchgear market is the high initial investment associated with its adoption. The sophisticated design and advanced materials used in GIS result in higher upfront costs compared to traditional switchgear. This financial barrier can deter small and medium enterprises or regions with limited capital from adopting this advanced technology. Despite the long-term savings and operational benefits, the initial expense remains a significant hurdle, potentially slowing market penetration and the widespread adoption of GIS in emerging economies.

Market Segmentation by Voltage

In the gas insulated switchgear market, segmentation by voltage includes low, medium, and high voltage GIS. The medium voltage segment currently accounts for the highest revenue in the market, driven by its widespread use in industrial and commercial power systems where space is at a premium but power needs are substantial. Medium voltage GIS is preferred for its reliability, safety, and compact footprint, making it ideal for urban substations and industrial plants where space is limited. On the other hand, the high voltage segment is experiencing the highest Compound Annual Growth Rate (CAGR). High voltage GIS is essential for long-distance transmission and for handling large loads typical of national grids and large industrial projects. The growth in this segment is fueled by the increasing demand for efficient, high-capacity systems needed to support the expansion of urban and rural electrification, as well as renewable energy projects that require robust, high-performance switchgear. As regions worldwide continue to enhance and expand their electrical infrastructure to accommodate growing energy demands and transition towards sustainable energy sources, high voltage GIS is expected to see significant growth.

Market Segmentation by Current

The gas insulated switchgear market is also segmented based on the type of current it is designed to handle: alternating current (AC) and direct current (DC). The AC segment dominates the market in terms of revenue generation. AC GIS is extensively used across various applications, including residential, commercial, and industrial sectors, due to its ability to efficiently manage the typical power supply that runs through most existing electrical grids. This dominance is supported by the matured technology and extensive implementation of AC systems globally. Conversely, the DC segment is anticipated to register the highest CAGR over the forecast period. The growth in the DC GIS segment is driven by the increasing adoption of HVDC (High Voltage Direct Current) systems for long-distance and submarine power transmission. HVDC systems are becoming more popular as they significantly reduce power losses over long distances and are better suited for integrating renewable energy sources like offshore wind farms into the main grid. As the shift towards renewable energy accelerates and the need for more efficient transmission solutions grows, DC GIS is expected to gain substantial market traction, reflecting its critical role in modern and future energy infrastructure projects.

Geographic Trends

The gas insulated switchgear market is witnessing varying growth dynamics across different regions, influenced by factors such as infrastructure development, regulatory policies, and technological advancements. Asia-Pacific stands out as the region with the highest Compound Annual Growth Rate (CAGR) due to rapid industrialization, urbanization, and increasing investments in upgrading old electrical infrastructure in countries like China, India, and South Korea. These nations are aggressively expanding their renewable energy capacities and modernizing their power transmission and distribution networks to support growing industrial sectors and urban populations, thereby fueling the demand for GIS solutions. Meanwhile, Europe continues to hold the largest revenue share in the global market, driven by stringent environmental regulations, high focus on energy efficiency, and the adoption of advanced technologies in energy management. European countries are leading in adopting sustainable practices and are quick to integrate smart grid technologies, which extensively utilize GIS for its reliability and efficiency in handling high voltages and currents in compact spaces.

Competitive Trends and Key Strategies

The competitive landscape of the gas insulated switchgear market features key players such as ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Hyosung Heavy Industries, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba. These companies have established strong market positions, and their strategies primarily focus on technological innovation, geographic expansion, and strengthening customer relationships. For instance, companies like Siemens and ABB are at the forefront of introducing GIS that are eco-friendly and use alternative gases to SF6, thus aligning with global sustainability goals. General Electric and Schneider Electric are expanding their market reach by entering into partnerships and joint ventures with local companies in emerging markets to leverage growth opportunities in regions undergoing massive electrification projects. In 2022, these companies reported significant revenues driven by their innovative product offerings and strong global sales networks. Over the forecast period from 2024 to 2032, these firms are expected to continue their focus on innovation, with particular emphasis on integrating IoT capabilities into their GIS solutions to enhance functionality and energy efficiency. This integration is anticipated to open new application areas for GIS in smart cities, renewable energy systems, and industrial automation, thereby boosting their market growth. Additionally, strategic acquisitions and collaborations are likely to remain a key strategy to enhance their technical capabilities and expand their product portfolios to meet the evolving demands of the electricity grid modernization.

Historical & Forecast Period

This study report represents an analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Gas Insulated Industrial Switchgear market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users & consumption volume, price, and value.

Geographical revenues generated by countries considered in the report

Micro and macro environment factors that are currently influencing the Gas Insulated Industrial Switchgear market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

• Market Segmentation
• Voltage

• Low

• Medium

• High
• Current

• AC

• DC
• Region Segment (2022-2032; US$ Million)
• North America
• U.S.
• Canada
• Rest of North America
• UK and European Union
• UK
• Germany
• Spain
• Italy
• France
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East and Africa
• GCC
• Africa
• Rest of Middle East and Africa

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Gas Insulated Industrial Switchgear market?
• What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Gas Insulated Industrial Switchgear market?
• Which is the largest regional market for Gas Insulated Industrial Switchgear market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Gas Insulated Industrial Switchgear market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Gas Insulated Industrial Switchgear market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global Gas Insulated Industrial Switchgear Market
• 2.2. Global Gas Insulated Industrial Switchgear Market, By Voltage, 2023 (US$ Million)
• 2.3. Global Gas Insulated Industrial Switchgear Market, By Current, 2023 (US$ Million)
• 2.4. Global Gas Insulated Industrial Switchgear Market, By Geography, 2023 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2023

3. Gas Insulated Industrial Switchgear Market: Competitive Analysis

• 3.1. Market Positioning of Key Gas Insulated Industrial Switchgear Market Vendors
• 3.2. Strategies Adopted by Gas Insulated Industrial Switchgear Market Vendors
• 3.3. Key Industry Strategies

4. Gas Insulated Industrial Switchgear Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global Gas Insulated Industrial Switchgear Market Value, 2022 - 2032, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. See-Saw Analysis
• 4.6. Porter's Five Force Model
  • 4.6.1. Supplier Power
  • 4.6.2. Buyer Power
  • 4.6.3. Threat Of Substitutes
  • 4.6.4. Threat Of New Entrants
  • 4.6.5. Competitive Rivalry
• 4.7. PESTEL Analysis
  • 4.7.1. Political Landscape
  • 4.7.2. Economic Landscape
  • 4.7.3. Technology Landscape
  • 4.7.4. Legal Landscape
  • 4.7.5. Social Landscape

5. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2023 Versus 2032
• 5.3. Market Segmentation
  • 5.3.1. Low
  • 5.3.2. Medium
  • 5.3.3. High

6. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2023 Versus 2032
• 6.3. Market Segmentation
  • 6.3.1. AC
  • 6.3.2. DC

7. North America Gas Insulated Industrial Switchgear Market, 2022-2032, USD (Million)

• 7.1. Market Overview
• 7.2. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
• 7.3. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
• 7.4.Gas Insulated Industrial Switchgear Market: By Region, 2022-2032, USD (Million)
  • 7.4.1.North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 7.4.1.1.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 7.4.1.2.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 7.4.1.3.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

8. UK and European Union Gas Insulated Industrial Switchgear Market, 2022-2032, USD (Million)

• 8.1. Market Overview
• 8.2. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
• 8.3. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
• 8.4.Gas Insulated Industrial Switchgear Market: By Region, 2022-2032, USD (Million)
  • 8.4.1.UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.1.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.2.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.3.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.4.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.5.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 8.4.1.6.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

9. Asia Pacific Gas Insulated Industrial Switchgear Market, 2022-2032, USD (Million)

• 9.1. Market Overview
• 9.2. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
• 9.3. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
• 9.4.Gas Insulated Industrial Switchgear Market: By Region, 2022-2032, USD (Million)
  • 9.4.1.Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.1.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.2.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.3.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.4.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.5.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 9.4.1.6.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

10. Latin America Gas Insulated Industrial Switchgear Market, 2022-2032, USD (Million)

• 10.1. Market Overview
• 10.2. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
• 10.3. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
• 10.4.Gas Insulated Industrial Switchgear Market: By Region, 2022-2032, USD (Million)
  • 10.4.1.Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 10.4.1.1.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 10.4.1.2.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 10.4.1.3.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

11. Middle East and Africa Gas Insulated Industrial Switchgear Market, 2022-2032, USD (Million)

• 11.1. Market Overview
• 11.2. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
• 11.3. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
• 11.4.Gas Insulated Industrial Switchgear Market: By Region, 2022-2032, USD (Million)
  • 11.4.1.Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 11.4.1.1.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 11.4.1.2.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. Gas Insulated Industrial Switchgear Market: By Voltage, 2022-2032, USD (Million)
      • 11.4.1.3.2. Gas Insulated Industrial Switchgear Market: By Current, 2022-2032, USD (Million)

12. Company Profile

• 12.1. ABB
  • 12.1.1. Company Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Portfolio
  • 12.1.4. Strategic Initiatives
• 12.2. Bharat Heavy Electricals
  • 12.2.1. Company Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Portfolio
  • 12.2.4. Strategic Initiatives
• 12.3. CG Power and Industrial Solutions
  • 12.3.1. Company Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Portfolio
  • 12.3.4. Strategic Initiatives
• 12.4. E + I Engineering
  • 12.4.1. Company Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Portfolio
  • 12.4.4. Strategic Initiatives
• 12.5. Eaton, Fuji Electric
  • 12.5.1. Company Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Portfolio
  • 12.5.4. Strategic Initiatives
• 12.6. General Electric
  • 12.6.1. Company Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Portfolio
  • 12.6.4. Strategic Initiatives
• 12.7. HD Hyundai Electric
  • 12.7.1. Company Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Portfolio
  • 12.7.4. Strategic Initiatives
• 12.8. Hitachi
  • 12.8.1. Company Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Portfolio
  • 12.8.4. Strategic Initiatives
• 12.9. Hyosung Heavy Industries
  • 12.9.1. Company Overview
  • 12.9.2. Financial Performance
  • 12.9.3. Product Portfolio
  • 12.9.4. Strategic Initiatives
• 12.10. Lucy Group
  • 12.10.1. Company Overview
  • 12.10.2. Financial Performance
  • 12.10.3. Product Portfolio
  • 12.10.4. Strategic Initiatives
• 12.11. Mitsubishi Electric
  • 12.11.1. Company Overview
  • 12.11.2. Financial Performance
  • 12.11.3. Product Portfolio
  • 12.11.4. Strategic Initiatives
• 12.12. Ormazabal
  • 12.12.1. Company Overview
  • 12.12.2. Financial Performance
  • 12.12.3. Product Portfolio
  • 12.12.4. Strategic Initiatives
• 12.13. Schneider Electric
  • 12.13.1. Company Overview
  • 12.13.2. Financial Performance
  • 12.13.3. Product Portfolio
  • 12.13.4. Strategic Initiatives
• 12.14. Siemens
  • 12.14.1. Company Overview
  • 12.14.2. Financial Performance
  • 12.14.3. Product Portfolio
  • 12.14.4. Strategic Initiatives
• 12.15. Skema
  • 12.15.1. Company Overview
  • 12.15.2. Financial Performance
  • 12.15.3. Product Portfolio
  • 12.15.4. Strategic Initiatives
• 12.16. Toshiba
  • 12.16.1. Company Overview
  • 12.16.2. Financial Performance
  • 12.16.3. Product Portfolio
  • 12.16.4. Strategic Initiatives
• 12.17. Other Notable Players
  • 12.17.1. Company Overview
  • 12.17.2. Financial Performance
  • 12.17.3. Product Portfolio
  • 12.17.4. Strategic Initiatives