Gas Insulated Switchgear Market Size Worth $ 44,895.99 Million by 2032 | CAGR: 6.7%

The global Gas Insulated Switchgear (GIS) market is undergoing steady and significant growth, driven by the global push for reliable, compact, and environmentally sustainable power systems. According to recent data published by Polaris Market Research, the market was valued at USD 26,593.59 million in 2024 and is projected to reach an impressive USD 44,895.99 million by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 6.7% from 2024 to 2032.

Gas Insulated Switchgear is a type of electrical switchgear that uses sulfur hexafluoride (SF₆) gas as an insulating medium instead of air. GIS systems are highly compact, reliable, and resistant to harsh environmental conditions, making them ideal for urban installations, offshore platforms, substations, and high-voltage applications where space and reliability are critical factors.

The market is being shaped by modernization of aging power infrastructure, increasing urbanization, growing renewable energy integration, and the rising demand for safe and efficient power distribution systems globally.

Competitive Landscape

  • Alstom
  • Bharat Heavy Electricals Limited
  • CG Power & Industrial Solutions Ltd.
  • EATON
  • ABB
  • 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

Market Growth Drivers

  1. Expansion of Urban Infrastructure

As cities expand, there is a rising need for compact electrical solutions that can be integrated into urban environments without compromising on safety or performance. GIS offers a space-saving design and is suitable for underground substations and high-rise buildings, making it essential in densely populated regions.

  1. Rising Investments in Smart Grids

With growing global interest in smart grid technology, utilities are increasingly adopting GIS systems to ensure greater reliability, automation, and fault tolerance in power distribution networks. GIS helps enable remote monitoring and advanced control functionalities.

  1. Renewable Energy Integration

The integration of wind, solar, and other renewable energy sources into the power grid necessitates robust switching and protection equipment. GIS is particularly suited for offshore and remote renewable installations where exposure to extreme conditions is a concern.

  1. Need for Reliable Power Supply in Harsh Environments

GIS systems are enclosed and shielded, offering excellent protection against environmental elements such as dust, moisture, pollution, and corrosive agents. This makes them indispensable in mining sites, deserts, coastal zones, and oil & gas platforms.

  1. Government Policies and Electrification Programs

Developing nations are heavily investing in grid extension and electrification programs to improve access to power. Many of these initiatives emphasize modern, efficient technologies such as GIS to reduce transmission losses and support long-term sustainability goals.

Key Trends Shaping the Market

  1. Shift Toward Eco-Friendly Switchgear

Environmental concerns over the use of SF₆ gas, a potent greenhouse gas, have prompted innovation in alternative insulating mediums. Market players are exploring fluoroketone-based, vacuum-insulated, and dry-air technologies to reduce environmental impact while maintaining high performance.

  1. Digitalization and Condition Monitoring

GIS systems are increasingly being integrated with IoT sensors, real-time monitoring systems, and predictive maintenance algorithms. These technologies allow operators to detect faults early, reduce downtime, and extend the life of equipment.

  1. Modular and Prefabricated Substations

Modular GIS designs that allow easy assembly, scalability, and mobility are gaining popularity in applications requiring fast deployment, such as emergency grids or temporary industrial installations.

  1. Cross-Sectoral Applications

While utilities remain the dominant user of GIS, the technology is also gaining ground in railways, airports, data centers, and commercial buildings, driven by its aesthetic appeal, space efficiency, and low maintenance needs.

  1. Strategic Collaborations and Localization

Global GIS manufacturers are partnering with local firms to expand their reach, lower costs, and adhere to regional regulations. Localization of manufacturing, especially in Asia-Pacific and the Middle East, is proving to be a successful strategy.

Research Scope

The growing emphasis on energy reliability, carbon neutrality, and sustainable infrastructure necessitates deep research into multiple facets of the GIS market:

  • Technical analysis of various insulating technologies and switching mechanisms.
  • Cost-benefit comparisons with Air Insulated Switchgear (AIS) and hybrid models.
  • Assessment of regulatory frameworks and environmental policies around SF₆ use.
  • Evaluation of GIS systems in renewable energy grids and smart grid platforms.
  • Lifecycle and maintenance considerations across industries and geographies.

The Polaris Market Research report offers a detailed and actionable roadmap for stakeholders—ranging from utility providers to industrial planners and policymakers.

Market Segmentation

  1. Global Gas Insulated Switchgear Market, by Installations
    1. Key Findings
    2. Introduction
      1. Global Gas Insulated Switchgear Market, by Installations, 2019-2032 (USD Million)
    3. Indoor
      1. Global Gas Insulated Switchgear Market, by Indoor, by Region, 2019-2032 (USD Million)
    4. Outdoor
      1. Global Gas Insulated Switchgear Market, by Outdoor, by Region, 2019-2032 (USD Million)
  2. Global Gas Insulated Switchgear Market, by Configuration
    1. Key Findings
    2. Introduction
      1. Global Gas Insulated Switchgear Market, by Configuration, 2019-2032 (USD Million)
    3. Hybrid
      1. Global Gas Insulated Switchgear Market, by Hybrid, by Region, 2019-2032 (USD Million)
    4. Isolated Phase
      1. Global Gas Insulated Switchgear Market, by Isolated Phase, by Region, 2019-2032 (USD Million)
    5. Integrated Three Phases
      1. Global Gas Insulated Switchgear Market, by Integrated Three Phases, by Region, 2019-2032 (USD Million)
    6. Compact GIS
      1. Global Gas Insulated Switchgear Market, by Compact GIS, by Region, 2019-2032 (USD Million)
  3. Global Gas Insulated Switchgear Market, by End-use
    1. Key Findings
    2. Introduction
      1. Global Gas Insulated Switchgear Market, by End-use, 2019-2032 (USD Million)
    3. Power Transmission Utilities
      1. Global Gas Insulated Switchgear Market, by Power Transmission Utilities, by Region, 2019-2032 (USD Million)
    4. Power Distribution Utilities
      1. Global Gas Insulated Switchgear Market, by Power Distribution Utilities, by Region, 2019-2032 (USD Million)
    5. Power Generation Utilities
      1. Global Gas Insulated Switchgear Market, by Power Generation Utilities, by Region, 2019-2032 (USD Million)
    6. Railways & Metros
      1. Global Gas Insulated Switchgear Market, by Railways & Metros, by Region, 2019-2032 (USD Million)
    7. Industrial & OEM
      1. Global Gas Insulated Switchgear Market, by Industrial & OEM, by Region, 2019-2032 (USD Million)
    8. Commercial
      1. Global Gas Insulated Switchgear Market, by Commercial, by Region, 2019-2032 (USD Million)
  4. Global Gas Insulated Switchgear Market, by Insulation
    1. Key Findings
    2. Introduction
      1. Global Gas Insulated Switchgear Market, by Insulation, 2019-2032 (USD Million)
    3. SF6
      1. Global Gas Insulated Switchgear Market, by SF6, by Region, 2019-2032 (USD Million)
    4. Up to 72.5kV
      1. Global Gas Insulated Switchgear Market, by Up to 72.5kV, by Region, 2019-2032 (USD Million)
    5. 72.5kV – 145kV
      1. Global Gas Insulated Switchgear Market, by 72.5kV – 145kV, by Region, 2019-2032 (USD Million)
    6. 145kV – 170kV
      1. Global Gas Insulated Switchgear Market, by 145kV – 170kV, by Region, 2019-2032 (USD Million)
    7. 170kV – 245kV
      1. Global Gas Insulated Switchgear Market, by 170kV – 245kV, by Region, 2019-2032 (USD Million)
    8. 245kV – 300kV
      1. Global Gas Insulated Switchgear Market, by 245kV – 300kV, by Region, 2019-2032 (USD Million)
    9. 300kV – 420kV
      1. Global Gas Insulated Switchgear Market, by 300kV – 420kV, by Region, 2019-2032 (USD Million)
    10. 420kV – 550kV
      1. Global Gas Insulated Switchgear Market, by 420kV – 550kV, by Region, 2019-2032 (USD Million)
    11. 550kV – 800kV
      1. Global Gas Insulated Switchgear Market, by 550kV – 800kV, by Region, 2019-2032 (USD Million)
    12. 800kV – 1100kV
      1. Global Gas Insulated Switchgear Market, by 800kV – 1100kV, by Region, 2019-2032 (USD Million)
    13. Above 1100kV
      1. Global Gas Insulated Switchgear Market, by Above 1100kV, by Region, 2019-2032 (USD Million)
    14. SF6 Free
      1. Global Gas Insulated Switchgear Market, by SF6 Free, by Region, 2019-2032 (USD Million)
    15. Up to 17.5 kV
      1. Global Gas Insulated Switchgear Market, by Up to 17.5 kV, by Region, 2019-2032 (USD Million)
    16. 17.5kV – 24kV
      1. Global Gas Insulated Switchgear Market, by 17.5kV – 24kV, by Region, 2019-2032 (USD Million)

By Region:

  • North America
    • Modernization of aging grid infrastructure in the U.S.
  • Europe
    • Strict environmental regulations pushing SF₆-free GIS adoption.
  • Asia-Pacific
    • Rapid urbanization and industrialization, especially in China and India.
  • Latin America
    • Investments in rural electrification and smart energy systems.
  • Middle East & Africa
    • Utility-scale infrastructure and oil & gas developments.

Asia-Pacific holds the largest market share, driven by government-led infrastructure investments and rising electricity demand. However, Europe is at the forefront of innovation in eco-friendly GIS solutions.

Explore The Complete Comprehensive Report Here:

https://www.polarismarketresearch.com/industry-analysis/gas-insulated-switchgear-market

Recent Developments

In February 2023, ABB India inaugurated a new manufacturing facility in Nashik to double its production capacity for primary and secondary gas-insulated switchgear (GIS), strengthening its commitment to the Indian power sector.

In November 2022, Hitachi unveiled the world’s first SF₆-free 420-kilovolt (kV) gas-insulated switchgear, introducing a sustainable and scalable alternative that significantly reduces environmental impact with the lowest achievable carbon footprint.

In September 2022, ABB announced a $13 million investment in its Iberville manufacturing unit in Canada, aimed at expanding production capacity and establishing a new R&D facility to drive innovation in installation products.

Also in September 2022, Hitachi Energy partnered with Linxon to support the London Power Tunnels project, a key infrastructure initiative to ensure a reliable power supply for London. As part of the collaboration, Hitachi Energy will deliver SF₆-free EconiQ 420-kV GIS and gas-insulated lines, contributing to National Grid’s net-zero goals.

Conclusion

The Gas Insulated Switchgear market is poised for sustained growth, driven by the global need for efficient, reliable, and compact power distribution systems. As energy systems become more complex and environmentally conscious, GIS will continue to be a critical enabler of the smart grid revolution.

Its unmatched advantages in space-saving design, reliability, safety, and environmental protection make it indispensable in a wide array of applications—from utility substations to futuristic urban infrastructure. For investors, manufacturers, and energy planners, the GIS market offers significant opportunities to lead in the electrification of the modern world.

More Trending Latest Reports By Polaris Market Research:

Oil Well Cementing Market

Temporary Power Market

Carbon Capture And Storage Market

Wind Turbine casting market

Small Gas Engines Market

Stirling Engine Market

Offshore Support Vessels Market

Battery Energy Storage System Market

Kinetic Energy Harvesting Wearables Market

Shunt Reactor Circuit Market