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 witnessing rapid growth due to the increasing demand for compact, reliable, and energy-efficient power distribution solutions. Gas Insulated Switchgear is an advanced electrical equipment used for power transmission and distribution in substations, industrial facilities, and urban power grids. It uses sulfur hexafluoride (SF₆) or other insulating gases to insulate and protect high-voltage components, making it a preferred choice in high-density urban areas and harsh environments.
The adoption of GIS is driven by its superior performance, longer lifespan, and ability to operate in confined spaces compared to conventional air-insulated switchgear. With increasing investments in power infrastructure modernization, renewable energy integration, and smart grid development, the demand for GIS is expected to rise significantly across utilities, industrial sectors, and commercial applications.
Market’s Growth Drivers:
Several key factors are fueling the expansion of the Gas Insulated Switchgear market:
- Increasing Demand for Reliable and Compact Power Distribution Solutions – GIS technology is widely adopted in urban areas where space constraints limit the use of traditional switchgear, making it an ideal solution for high-voltage applications.
- Expansion of Renewable Energy and Smart Grids – The transition towards renewable energy sources such as wind and solar power requires efficient grid integration, boosting the need for advanced switchgear systems.
- Rising Investments in Power Infrastructure Modernization – Governments and utilities are upgrading aging electrical grids with GIS technology to enhance energy efficiency and ensure uninterrupted power supply.
- Growing Industrialization and Urbanization – The rapid expansion of industries, metro rail networks, and commercial infrastructure is driving the demand for high-performance switchgear systems.
- Focus on Reducing Carbon Footprint and SF₆-Free Solutions – With growing environmental concerns, manufacturers are developing eco-friendly GIS alternatives with lower greenhouse gas emissions.
- Enhanced Safety and Reliability in Harsh Environments – GIS is preferred in extreme weather conditions, underground substations, and offshore wind farms due to its high durability and minimal maintenance requirements.
Major Key Players:
- 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
- Hitachi Energy Ltd.
- HD Hyundai Electric
- Schneider Electric
- Siemens
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/gas-insulated-switchgear-market
Recent Developments:
- ABB India Expands GIS Production Capacity (February 2023) – ABB India inaugurated a new manufacturing facility in Nashik, India, aimed at doubling its gas-insulated switchgear (GIS) production capacity. The facility focuses on producing both primary and secondary GIS solutions, strengthening ABB’s position in the Indian power infrastructure market.
- Hitachi Introduces SF₆-Free 420kV Gas-Insulated Switchgear (November 2022) – Hitachi unveiled a groundbreaking SF₆-free gas-insulated switchgear (GIS) technology, marking a major step toward sustainable power transmission. This 420kV GIS solution eliminates the use of sulfur hexafluoride (SF₆), significantly reducing environmental impact and achieving the lowest possible carbon footprint in high-voltage switchgear.
- ABB Invests in R&D and Manufacturing Expansion in Canada (September 2022) – ABB announced a $13 million investment in its Iberville manufacturing facility, enhancing its production capacity and research & development (R&D) capabilities. This expansion supports ABB’s growing portfolio of electrical infrastructure solutions in North America.
- Hitachi Energy and Linxon Strengthen London Power Tunnels Project (September 2022) – Hitachi Energy and Linxon partnered to enhance the London Power Tunnels (LPT) project, a vital initiative ensuring a sustainable and resilient electricity supply for London, UK. As part of the collaboration, Hitachi Energy will supply EconiQ 420kV GIS and gas-insulated lines (GIL)—both SF₆-free—helping National Grid accelerate its net-zero energy transition goals.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
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 future of the Gas Insulated Switchgear market is promising, driven by ongoing advancements in energy infrastructure, the transition towards renewable energy, and the adoption of smart grid technologies. As the demand for efficient, compact, and eco-friendly power distribution solutions grows, GIS will continue to play a critical role in modernizing electrical grids and enhancing grid reliability.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Industrial Metrology Market Opportunities
Environmental Remediation Market Size