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The Global Gas Insulated Switch Market Will Earn $25.95 Billion In 2021
Dec 01, 2017

The cabinet type gas insulated metal closed switch equipment (CubicleGas-InsulatedSwitchgear) is called C-GIS for short, which is the expansion of the high voltage GIS products in the medium pressure field. Low pressure SF6 gas, N2 gas or mixed gas are used as insulation medium of switching equipment, vacuum or SF6 as arc extinguishing medium.

According to the latest research report of MarketsandMarkets, by 2021, the global gas insulated switchgear market will reach 25 billion 950 million dollars, and the compound annual growth rate will reach 9.4% during the period.

The report points out that the high efficiency and reliability of gas insulated switchgear, and the characteristics of low installation space and low maintenance rate make it more and more popular in the market. It is expected that in 2021, the infrastructure and transportation industry is the fastest growing gas insulated switchgear terminal application market.

From the perspective of voltage level, high voltage gas insulated switchgear is the most demanding product type, especially in developing countries and developed countries, especially in developing and upgrading power grid systems, reducing transmission and distribution losses and increasing transmission capacity to meet the growing demand.

From the market area, by 2021, the Asia Pacific region will continue to be the largest demand regional market for gas insulation switches in the world. In particular, the high voltage / UHV transmission system, which is vigorously developed by China and India, will promote the growth of demand for such products.

From the view of enterprises, ABB group, Schneider electric, SIEMENS, general electric and MITSUBISHI motor will become the leading supplier of gas insulation switch in the world.