According to Stratistics MRC, the Global Gas Insulated Power Equipment Market is accounted for $25.81 billion in 2021 and is expected to reach $53.58 billion by 2028 growing at a CAGR of 11.0% during the forecast period.
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Gas Insulated Power Equipment is the apparatus used for regulating, switching, and controlling on or off the electric circuit in the electricity system. The switchgear system is linked directly to the electricity supply system. It is integrated with both the low and high voltage area of the power transformer. Their transmission lines are the flexible and safe alternative when compared to overhead lines and occupy less space while offering the same electricity transmission
Some of the key players profiled in the Gas Insulated Power Equipment Market include Xi’an XD Switchgear Electric, Toshiba Corporation, Siemens, Schneider Electric, J Murphy & Sons Ltd, Mitsubishi Electric Corporation, Meidensha Corporation, Larsen & Toubro, Hyundai Electric & Energy Systems, Hyosung Heavy Industries, Hitachi Ltd, General Electric, Fuji Electric, Bharat Heavy Electricals Limited, and ABB Limited.
Types Covered:
• Gas Insulated Transmission Lines
• Gas Insulated Switchgear
Voltages Covered:
• Medium Voltage
• High Voltage
Installations Covered:
• Underground/Direct Buried
• Tunnels/Troughs
• Above Ground
Applications Covered:
• High-Voltage Alternating Current (HVAC)
• High-Voltage Direct Current (HVDC)
End Users Covered:
• Utilities
• Industrial
• Power Generation
• Infrastructure
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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