Gas Insulated Switchgear (SF6 Free) Market, Global Outlook and Forecast 2023-2029

GIS is a kind of metal enclosed switchgear. That means, all the equipment of the electrical switchgear are enclosed by gas tight metal enclosure and SF6 gas is used as insulation between live parts of the equipment and earthed metal enclosure. For establishing electrical substation in very limited place this type of SF6 insulated electrical switchgear plays the major role.
This report aims to provide a comprehensive presentation of the global market for Gas Insulated Switchgear (SF6 Free), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Insulated Switchgear (SF6 Free). This report contains market size and forecasts of Gas Insulated Switchgear (SF6 Free) in global, including the following market information:
Global Gas Insulated Switchgear (SF6 Free) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gas Insulated Switchgear (SF6 Free) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Gas Insulated Switchgear (SF6 Free) companies in 2022 (%)
The global Gas Insulated Switchgear (SF6 Free) market was valued at US$ 5361.9 million in 2022 and is projected to reach US$ 6796.5 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Gas Insulated Switchgear (GIS) market is dominated by ABB, Siemens, GE, Hyosung Heavy Industries, Shandong Taikai, XD Electric, Sieyuan, etc. The top seven players account for about 45% of the market share.
China is the largest Gas Insulated Switchgear (GIS) market with about 40 percent market share, followed by Europe with about 30 percent.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gas Insulated Switchgear (SF6 Free) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Insulated Switchgear (SF6 Free) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Insulated Switchgear (SF6 Free) Market Segment Percentages, by Type, 2022 (%)
    72 KV-150 KV
    150 KV-250 KV
    Above 250 KV
Global Gas Insulated Switchgear (SF6 Free) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Insulated Switchgear (SF6 Free) Market Segment Percentages, by Application, 2022 (%)
    Power Transmission
    Integration of Renewable Power Generation Units to The Grid
    Others
Global Gas Insulated Switchgear (SF6 Free) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Insulated Switchgear (SF6 Free) Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Insulated Switchgear (SF6 Free) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Gas Insulated Switchgear (SF6 Free) revenues share in global market, 2022 (%)
Key companies Gas Insulated Switchgear (SF6 Free) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Gas Insulated Switchgear (SF6 Free) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    Siemens
    GE
    Hitachi
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gas Insulated Switchgear (SF6 Free), market overview.
Chapter 2: Global Gas Insulated Switchgear (SF6 Free) market size in revenue and volume.
Chapter 3: Detailed analysis of Gas Insulated Switchgear (SF6 Free) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gas Insulated Switchgear (SF6 Free) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Gas Insulated Switchgear (SF6 Free) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.