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Global Gas Insulated Switchgear Market That Will Grow At A CAGR of 9.32% by 2025

(EnergyIndustry.Net, March 16, 2018 ) The Global Gas Insulated Switchgear Market was valued at USD 16.75 billion in 2016 and is projected to reach USD 37.35 billion by 2025, growing at a CAGR of 9.32% from 2017 to 2025. 

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Gas Insulated Switchgear (GIS) is compact metal encapsulated switchgear consisting of high-voltage components such as circuit-breakers and disconnectors, which can be safely operated in confined spaces. Benefits of gas insulated switchgear include - high reliability, availability, high degree of safety, economic efficiency, long service life, little maintenance requirements, and low life cycle costs.

The major players in the market are as follows:
1. Siemens AG 
2. Mitsubishi Electric Corporation 
3. Hitachi Ltd. 
4. Fuji Electric Co. Ltd. 
5. Nissin Electric Co. Ltd. 
6. Hyosung Corporation 
7. Larsen & Toubro 
8. XI'an XD Switchgear Electric Co., Ltd.
9. ABB Ltd. 
10. Schneider Electric 
11. General Electric 
12. Hyundai Heavy Industries Co. 
13. Toshiba International Corporation 
14. Crompton Greaves Limited 
15. Chint Electric Co. Ltd. 

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology:
Research study on the Global Gas Insulated Switchgear Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.

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Contact:

sales@kminsights.com

+1 (888) 278-7681

About Us:

Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.

Key Market Insights

sambit kumar

8007533694

sambit.kumar@kminsights.com

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