Global Gas Insulated Switchgear Market size and share is currently valued at USD 26,593.59 million in 2024 and is anticipated to generate an estimated revenue of USD 44,895.99 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Overview:
The gas-insulated switchgear (GIS) market is a critical segment of the electrical equipment industry, providing compact, reliable, and efficient solutions for managing power distribution and transmission. GIS technology encapsulates electrical components like circuit breakers, isolators, and bus bars within a sealed enclosure filled with insulating gas, typically sulfur hexafluoride (SF6). This design ensures high performance in compact spaces and harsh environmental conditions, making GIS ideal for urban, industrial, and renewable energy applications.
GIS is increasingly replacing conventional air-insulated switchgear due to its superior reliability, safety, and space-saving attributes. Its deployment spans various sectors, including utilities, industrial plants, infrastructure projects, and renewable energy integration, driving its global adoption.
Market’s Growth Drivers:
Several factors are fueling the growth of the gas-insulated switchgear market:
- Growing Demand for Reliable Power Distribution
As global energy consumption rises, there is an increasing need for efficient and reliable power distribution systems. GIS ensures minimal energy losses and high operational efficiency, meeting the needs of modern power networks. - Urbanization and Space Constraints
Rapid urbanization has led to a surge in demand for compact electrical solutions. GIS, with its small footprint, is particularly well-suited for densely populated urban areas and high-rise buildings where space is at a premium. - Expansion of Renewable Energy Projects
The integration of renewable energy sources like wind and solar into the grid requires advanced switchgear solutions. GIS offers high reliability and safety, making it an essential component for renewable energy installations. - Modernization of Aging Electrical Infrastructure
Many countries are upgrading outdated electrical systems to improve efficiency and reduce transmission losses. GIS is a preferred choice for modernizing power infrastructure due to its durability and advanced features.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
Some of the major players operating in the global market include:
- Alstom
- Bharat Heavy Electricals Limited
- CG Power & Industrial Solutions Ltd.
- EATON
- Mitsubishi Electric Corporation
- L&T Electrical & Automation (E&A)
- MEIDENSHA CORPORATION
- Nissin Electric Co., Ltd.
- Ormazabal
- Fuji Electric Co., Ltd.
- General Electric
Recent Developments:
- February 2023: ABB India inaugurated a new factory in Nashik, India, to expand its gas-insulated switchgear (GIS) production capacity. The facility focuses on manufacturing both primary and secondary GIS systems, doubling the company’s capacity to meet growing demand.
- November 2022: Hitachi unveiled a revolutionary technology offering sulfur hexafluoride (SF6)-free 420-kilovolt (kV) gas-insulated switchgear (GIS). This innovation provides reliable, scalable solutions with the lowest carbon footprint achievable, marking a significant milestone in sustainable power solutions.
- September 2022: ABB invested $13 million in its Iberville manufacturing unit under the installation products division to increase production capacity. The company also established a research and development (R&D) facility in Canada to drive innovation in power distribution technologies.
- September 2022: Hitachi Energy partnered with Linxon to enhance the London Power Tunnels (LPT) project, a critical infrastructure initiative ensuring sustainable and reliable electricity for London. As part of the project, Hitachi Energy will supply EconiQ SF6-free 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) to help National Grid achieve its net-zero emissions goals.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Gas Insulated Switchgear Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Gas Insulated Switchgear Market, Installations Outlook (Revenue – USD Million, 2019-2032)
- Indoor
- Outdoor
Gas Insulated Switchgear Market, Configuration Outlook (Revenue – USD Million, 2019-2032)
- Hybrid
- Isolated Phase
- Integrated Three Phases
- Compact GIS
Gas Insulated Switchgear Market, End-use Outlook (Revenue – USD Million, 2019-2032)
- Power Transmission Utilities
- Power Distribution Utilities
- Power Generation Utilities
- Railways & Metros
- Industrial & OEM
- Commercial
Gas Insulated Switchgear Market, Insulation Outlook (Revenue – USD Million, 2019-2032)
- · SF6
- Up to 72.5kV
- 72.5kV – 145kV
- 145kV – 170kV
- 170kV – 245kV
- 245kV – 300kV
- 300kV – 420kV
- 420kV – 550kV
- 550kV – 800kV
- 800kV – 1100kV
- Above 1100kV
- SF6 Free
- Up to 17.5 kV
- 17.5kV – 24kV
The gas-insulated switchgear market is evolving as a cornerstone of modern power distribution and transmission systems. With advancements in technology, a growing emphasis on sustainability, and expanding applications in renewable energy and smart grids, GIS is set to witness substantial growth. As industries and governments prioritize reliable and efficient power solutions, the market’s trajectory points toward a future of enhanced energy efficiency and sustainability.