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Global UHV GIS Equipment Market Research Report 2024
Synopsis
GIS (GAS insulated SWITCHGEAR) is the English abbreviation of gas insulated fully enclosed combined electrical appliances. GIS consists of circuit breakers, isolating switches, grounding switches, transformers, arresters, busbars, connectors and outgoing terminals, etc. These devices or components are all enclosed in a metal grounded shell, and filled with a certain pressure of SF6 insulating gas inside , so it is also called SF6 fully enclosed combination appliance
Global UHV GIS Equipment market is projected to reach US$ 7899.1 million in 2029, increasing from US$ 4520 million in 2022, with the CAGR of 8.3% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole UHV GIS Equipment market research.
According to the data released by the International Energy Agency, the global economy will gradually recover in 2022. Affected by rising energy prices, the global electricity demand in 2022 will be 26,776 billion kwh, a year-on-year increase of 1.9%, and the power generation will be 28,642 billion kwh, a year-on-year increase of 1.8% . Among them, the United States will generate 42.4 billion kWh of electricity in 2022, and Japan's total electricity consumption will be 989.2 billion kWh, with an average per capita of 7,782 kWh. Driven by factors such as distribution network construction and the rapid development of smart grids, the production capacity of UHV electrical appliances will continue to expand. Among them, GIS is a gas-insulated fully enclosed combined electrical appliance, accounting for 13.5% of the total investment in UHV DC and accounting for UHV AC investment. 16%, therefore, the global UHV gas-insulated substation (GIS) market is expected to grow from USD 4.52 billion in 2022 to USD 17.56 billion in 2030, at a CAGR of 5.5% from 2022 to 2029. Furthermore, the increasing adoption of renewable energy sources is also expected to drive the growth of the GIS market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global UHV GIS Equipment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Asea Brown Boveri
GE
Toshiba Corporation
Mitsubishi Group
Siemens Ag
Alstom
Hitachi.,Ltd
NGK Spark Plug Co., Ltd
TE Connectivity.,Ltd
New Northeast Electric Group Power Capacitor Co.,Ltd
Shandong Taikai Power Switchgear Co., Ltd
Changgao Electric Group Co.,Ltd
China Xd Group Co.,Ltd
PingGao Group Co.,Ltd.
Segment by Type
Three-phase Common Box Type
Box Type
Segment by Application
UHV DC Converter Station
UHV AC Substation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The UHV GIS Equipment report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
GIS (GAS insulated SWITCHGEAR) is the English abbreviation of gas insulated fully enclosed combined electrical appliances. GIS consists of circuit breakers, isolating switches, grounding switches, transformers, arresters, busbars, connectors and outgoing terminals, etc. These devices or components are all enclosed in a metal grounded shell, and filled with a certain pressure of SF6 insulating gas inside , so it is also called SF6 fully enclosed combination appliance
Global UHV GIS Equipment market is projected to reach US$ 7899.1 million in 2029, increasing from US$ 4520 million in 2022, with the CAGR of 8.3% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole UHV GIS Equipment market research.
According to the data released by the International Energy Agency, the global economy will gradually recover in 2022. Affected by rising energy prices, the global electricity demand in 2022 will be 26,776 billion kwh, a year-on-year increase of 1.9%, and the power generation will be 28,642 billion kwh, a year-on-year increase of 1.8% . Among them, the United States will generate 42.4 billion kWh of electricity in 2022, and Japan's total electricity consumption will be 989.2 billion kWh, with an average per capita of 7,782 kWh. Driven by factors such as distribution network construction and the rapid development of smart grids, the production capacity of UHV electrical appliances will continue to expand. Among them, GIS is a gas-insulated fully enclosed combined electrical appliance, accounting for 13.5% of the total investment in UHV DC and accounting for UHV AC investment. 16%, therefore, the global UHV gas-insulated substation (GIS) market is expected to grow from USD 4.52 billion in 2022 to USD 17.56 billion in 2030, at a CAGR of 5.5% from 2022 to 2029. Furthermore, the increasing adoption of renewable energy sources is also expected to drive the growth of the GIS market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global UHV GIS Equipment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Asea Brown Boveri
GE
Toshiba Corporation
Mitsubishi Group
Siemens Ag
Alstom
Hitachi.,Ltd
NGK Spark Plug Co., Ltd
TE Connectivity.,Ltd
New Northeast Electric Group Power Capacitor Co.,Ltd
Shandong Taikai Power Switchgear Co., Ltd
Changgao Electric Group Co.,Ltd
China Xd Group Co.,Ltd
PingGao Group Co.,Ltd.
Segment by Type
Three-phase Common Box Type
Box Type
Segment by Application
UHV DC Converter Station
UHV AC Substation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The UHV GIS Equipment report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 UHV GIS Equipment Market Overview
1.1 Product Definition
1.2 UHV GIS Equipment Segment by Type
1.2.1 Global UHV GIS Equipment Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Three-phase Common Box Type
1.2.3 Box Type
1.3 UHV GIS Equipment Segment by Application
1.3.1 Global UHV GIS Equipment Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 UHV DC Converter Station
1.3.3 UHV AC Substation
1.4 Global Market Growth Prospects
1.4.1 Global UHV GIS Equipment Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global UHV GIS Equipment Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global UHV GIS Equipment Production Estimates and Forecasts (2018-2029)
1.4.4 Global UHV GIS Equipment Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global UHV GIS Equipment Production Market Share by Manufacturers (2018-2023)
2.2 Global UHV GIS Equipment Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of UHV GIS Equipment, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global UHV GIS Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global UHV GIS Equipment Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of UHV GIS Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of UHV GIS Equipment, Product Offered and Application
2.8 Global Key Manufacturers of UHV GIS Equipment, Date of Enter into This Industry
2.9 UHV GIS Equipment Market Competitive Situation and Trends
2.9.1 UHV GIS Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest UHV GIS Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 UHV GIS Equipment Production by Region
3.1 Global UHV GIS Equipment Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global UHV GIS Equipment Production Value by Region (2018-2029)
3.2.1 Global UHV GIS Equipment Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of UHV GIS Equipment by Region (2024-2029)
3.3 Global UHV GIS Equipment Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global UHV GIS Equipment Production by Region (2018-2029)
3.4.1 Global UHV GIS Equipment Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of UHV GIS Equipment by Region (2024-2029)
3.5 Global UHV GIS Equipment Market Price Analysis by Region (2018-2023)
3.6 Global UHV GIS Equipment Production and Value, Year-over-Year Growth
3.6.1 North America UHV GIS Equipment Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe UHV GIS Equipment Production Value Estimates and Forecasts (2018-2029)
3.6.3 China UHV GIS Equipment Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan UHV GIS Equipment Production Value Estimates and Forecasts (2018-2029)
4 UHV GIS Equipment Consumption by Region
4.1 Global UHV GIS Equipment Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global UHV GIS Equipment Consumption by Region (2018-2029)
4.2.1 Global UHV GIS Equipment Consumption by Region (2018-2023)
4.2.2 Global UHV GIS Equipment Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America UHV GIS Equipment Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America UHV GIS Equipment Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe UHV GIS Equipment Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe UHV GIS Equipment Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific UHV GIS Equipment Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific UHV GIS Equipment Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa UHV GIS Equipment Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa UHV GIS Equipment Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global UHV GIS Equipment Production by Type (2018-2029)
5.1.1 Global UHV GIS Equipment Production by Type (2018-2023)
5.1.2 Global UHV GIS Equipment Production by Type (2024-2029)
5.1.3 Global UHV GIS Equipment Production Market Share by Type (2018-2029)
5.2 Global UHV GIS Equipment Production Value by Type (2018-2029)
5.2.1 Global UHV GIS Equipment Production Value by Type (2018-2023)
5.2.2 Global UHV GIS Equipment Production Value by Type (2024-2029)
5.2.3 Global UHV GIS Equipment Production Value Market Share by Type (2018-2029)
5.3 Global UHV GIS Equipment Price by Type (2018-2029)
6 Segment by Application
6.1 Global UHV GIS Equipment Production by Application (2018-2029)
6.1.1 Global UHV GIS Equipment Production by Application (2018-2023)
6.1.2 Global UHV GIS Equipment Production by Application (2024-2029)
6.1.3 Global UHV GIS Equipment Production Market Share by Application (2018-2029)
6.2 Global UHV GIS Equipment Production Value by Application (2018-2029)
6.2.1 Global UHV GIS Equipment Production Value by Application (2018-2023)
6.2.2 Global UHV GIS Equipment Production Value by Application (2024-2029)
6.2.3 Global UHV GIS Equipment Production Value Market Share by Application (2018-2029)
6.3 Global UHV GIS Equipment Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Asea Brown Boveri
7.1.1 Asea Brown Boveri UHV GIS Equipment Corporation Information
7.1.2 Asea Brown Boveri UHV GIS Equipment Product Portfolio
7.1.3 Asea Brown Boveri UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Asea Brown Boveri Main Business and Markets Served
7.1.5 Asea Brown Boveri Recent Developments/Updates
7.2 GE
7.2.1 GE UHV GIS Equipment Corporation Information
7.2.2 GE UHV GIS Equipment Product Portfolio
7.2.3 GE UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Toshiba Corporation
7.3.1 Toshiba Corporation UHV GIS Equipment Corporation Information
7.3.2 Toshiba Corporation UHV GIS Equipment Product Portfolio
7.3.3 Toshiba Corporation UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Toshiba Corporation Main Business and Markets Served
7.3.5 Toshiba Corporation Recent Developments/Updates
7.4 Mitsubishi Group
7.4.1 Mitsubishi Group UHV GIS Equipment Corporation Information
7.4.2 Mitsubishi Group UHV GIS Equipment Product Portfolio
7.4.3 Mitsubishi Group UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Mitsubishi Group Main Business and Markets Served
7.4.5 Mitsubishi Group Recent Developments/Updates
7.5 Siemens Ag
7.5.1 Siemens Ag UHV GIS Equipment Corporation Information
7.5.2 Siemens Ag UHV GIS Equipment Product Portfolio
7.5.3 Siemens Ag UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Siemens Ag Main Business and Markets Served
7.5.5 Siemens Ag Recent Developments/Updates
7.6 Alstom
7.6.1 Alstom UHV GIS Equipment Corporation Information
7.6.2 Alstom UHV GIS Equipment Product Portfolio
7.6.3 Alstom UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Alstom Main Business and Markets Served
7.6.5 Alstom Recent Developments/Updates
7.7 Hitachi.,Ltd
7.7.1 Hitachi.,Ltd UHV GIS Equipment Corporation Information
7.7.2 Hitachi.,Ltd UHV GIS Equipment Product Portfolio
7.7.3 Hitachi.,Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Hitachi.,Ltd Main Business and Markets Served
7.7.5 Hitachi.,Ltd Recent Developments/Updates
7.8 NGK Spark Plug Co., Ltd
7.8.1 NGK Spark Plug Co., Ltd UHV GIS Equipment Corporation Information
7.8.2 NGK Spark Plug Co., Ltd UHV GIS Equipment Product Portfolio
7.8.3 NGK Spark Plug Co., Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.8.4 NGK Spark Plug Co., Ltd Main Business and Markets Served
7.7.5 NGK Spark Plug Co., Ltd Recent Developments/Updates
7.9 TE Connectivity.,Ltd
7.9.1 TE Connectivity.,Ltd UHV GIS Equipment Corporation Information
7.9.2 TE Connectivity.,Ltd UHV GIS Equipment Product Portfolio
7.9.3 TE Connectivity.,Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.9.4 TE Connectivity.,Ltd Main Business and Markets Served
7.9.5 TE Connectivity.,Ltd Recent Developments/Updates
7.10 New Northeast Electric Group Power Capacitor Co.,Ltd
7.10.1 New Northeast Electric Group Power Capacitor Co.,Ltd UHV GIS Equipment Corporation Information
7.10.2 New Northeast Electric Group Power Capacitor Co.,Ltd UHV GIS Equipment Product Portfolio
7.10.3 New Northeast Electric Group Power Capacitor Co.,Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.10.4 New Northeast Electric Group Power Capacitor Co.,Ltd Main Business and Markets Served
7.10.5 New Northeast Electric Group Power Capacitor Co.,Ltd Recent Developments/Updates
7.11 Shandong Taikai Power Switchgear Co., Ltd
7.11.1 Shandong Taikai Power Switchgear Co., Ltd UHV GIS Equipment Corporation Information
7.11.2 Shandong Taikai Power Switchgear Co., Ltd UHV GIS Equipment Product Portfolio
7.11.3 Shandong Taikai Power Switchgear Co., Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Shandong Taikai Power Switchgear Co., Ltd Main Business and Markets Served
7.11.5 Shandong Taikai Power Switchgear Co., Ltd Recent Developments/Updates
7.12 Changgao Electric Group Co.,Ltd
7.12.1 Changgao Electric Group Co.,Ltd UHV GIS Equipment Corporation Information
7.12.2 Changgao Electric Group Co.,Ltd UHV GIS Equipment Product Portfolio
7.12.3 Changgao Electric Group Co.,Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Changgao Electric Group Co.,Ltd Main Business and Markets Served
7.12.5 Changgao Electric Group Co.,Ltd Recent Developments/Updates
7.13 China Xd Group Co.,Ltd
7.13.1 China Xd Group Co.,Ltd UHV GIS Equipment Corporation Information
7.13.2 China Xd Group Co.,Ltd UHV GIS Equipment Product Portfolio
7.13.3 China Xd Group Co.,Ltd UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.13.4 China Xd Group Co.,Ltd Main Business and Markets Served
7.13.5 China Xd Group Co.,Ltd Recent Developments/Updates
7.14 PingGao Group Co.,Ltd.
7.14.1 PingGao Group Co.,Ltd. UHV GIS Equipment Corporation Information
7.14.2 PingGao Group Co.,Ltd. UHV GIS Equipment Product Portfolio
7.14.3 PingGao Group Co.,Ltd. UHV GIS Equipment Production, Value, Price and Gross Margin (2018-2023)
7.14.4 PingGao Group Co.,Ltd. Main Business and Markets Served
7.14.5 PingGao Group Co.,Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 UHV GIS Equipment Industry Chain Analysis
8.2 UHV GIS Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 UHV GIS Equipment Production Mode & Process
8.4 UHV GIS Equipment Sales and Marketing
8.4.1 UHV GIS Equipment Sales Channels
8.4.2 UHV GIS Equipment Distributors
8.5 UHV GIS Equipment Customers
9 UHV GIS Equipment Market Dynamics
9.1 UHV GIS Equipment Industry Trends
9.2 UHV GIS Equipment Market Drivers
9.3 UHV GIS Equipment Market Challenges
9.4 UHV GIS Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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