Global GIS Substations Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

According to research, the branch substation market is expected to expand by an average of between 8% and 10% per year during the 2022 to 2028 assessment period. The market is expected to take into account the significant growth on the back of the increasing power industry,which accounts for the prominent share of sales in the GIS substation market.

Electrification and modernization of government and private sector power systems is a key factor fueling market growth. This system is primarily used in electric power systems due to its high compactness and the space occupied by this system is only about 10% of that of a traditional outdoor ventilator(air insulated substation)substation.

Scope of the Report

The research study analyzes the global GIS Substations industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

By Installation Type

• Indoor
• Outdoor

By Voltage Rating

• Medium voltage (Up to 72.5 kV)
• High Voltage (72.5 kV – 220 kV)
• Extra High Voltage (220 kV – 765 kV)

By End User

• Power transmission utility
• Power distribution utility
• Power generation utility
• Other

Mentioned below are the prime players taken into account in this research report:

• ABB
• GE
• Siemens
• Hitachi Ltd.
• L&T
• Toshiba Corporation
• Mitsubishi Electric Corporation
• Schneider Electric SE

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by GIS Substations Market Report

1. What was the GIS Substations Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of GIS Substations Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the GIS Substations Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.