The North America Gas Insulated Switchgear Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Establishing an electric substation at the load center is necessary. Since installing a substation in the load center is both cost-effective and advantageous in many ways. The efficacy of voltage control improves as feeder length is cut down and as a result of short feeders. However, lack of space is the main barrier to building a substation at the load center.
The primary load center of any location is typically located in a very crowded area where there is rarely enough land to build a traditional electrical substation. The technique of gas-insulated switchgear is used to tackle this issue. All the switchgear parts can be put together in a relatively small area.
The substation's gas-insulated components typically include bus bars with electricity, disconnectors or electrical isolator, circuit breakers, and current transformers. It also includes voltage transformers, earth switches, and lightning or surge arrestors. Substations assembled by GIS are commonly known as gas insulated metal enclosed substations (GIMES).
There are new projects being developed or planned with capacities ranging from 500 MW to more than 2,000 MW. Over 5% of electricity comes from other new renewable sources, but this sector is the most dynamic due to strong legislation and widespread backing from provincial governments. As a policy change away from big nuclear reactors, Canada developed the Canadian SMR Roadmap in 2018 for zero-emission generation. Due to large expenditures made to improve distribution, transmission, and the overall efficiency of the electric power generation to prevent losses, the gas insulated switchgear market in the region will experience tremendous growth.
The US market dominated the North America Gas Insulated Switchgear Market by Country in 2021; thereby, achieving a market value of $6,951.7 million by 2028. The Canada market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 7.1% during (2022 - 2028).
Based on Installation, the market is segmented into Outdoor and Indoor. Based on Voltage Rating, the market is segmented into Above 220 kV, Up to 36 kV, 37 to 73 kV, and 74 to 220 kV. Based on Configuration, the market is segmented into Hybrid, Isolated Phase, Integrated Three Phase, and Compact GIS. Based on Insulation Type, the market is segmented into SF6 and SF6 Free. Based on End-User, the market is segmented into Power Transmission Utilities, Power Distribution Utilities, Power Generation Utilities, Railways & Metros, Industries & OEM, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Gas Insulated Switchgear Market is Estimated to reach $33.9 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Schneider Electric SE, General Electric (GE) Co., Siemens AG, Eaton Corporation, Mitsubishi Electric Corporation, Hitachi, Ltd., Fuji Electric Co., Ltd., Powell Industries, Inc. and Hyundai Electric and Energy Systems Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Installation
By Voltage Rating
- Above 220 kV
- Up to 36 kV
- 37 to 73 kV
- 74 to 220 kV
By Configuration
- Hybrid
- Isolated Phase
- Integrated Three Phase
- Compact GIS
By Insulation Type
By End-User
- Power Transmission Utilities
- Power Distribution Utilities
- Power Generation Utilities
- Railways & Metros
- Industries & OEM
- Commercial
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Schneider Electric SE
- General Electric (GE) Co.
- Siemens AG
- Eaton Corporation
- Mitsubishi Electric Corporation
- Hitachi, Ltd.
- Fuji Electric Co., Ltd.
- Powell Industries, Inc.
- Hyundai Electric and Energy Systems Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Gas Insulated Switchgear Market, by Installation
1.4.2 North America Gas Insulated Switchgear Market, by Voltage Rating
1.4.3 North America Gas Insulated Switchgear Market, by Configuration
1.4.4 North America Gas Insulated Switchgear Market, by Insulation Type
1.4.5 North America Gas Insulated Switchgear Market, by End-User
1.4.6 North America Gas Insulated Switchgear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Mar – 2022, Jun) Leading Players
Chapter 4. North America Gas Insulated Switchgear Market by Installation
4.1 North America Outdoor Market by Country
4.2 North America Indoor Market by Country
Chapter 5. North America Gas Insulated Switchgear Market by Voltage Rating
5.1 North America Above 220 kV Market by Country
5.2 North America Up to 36 kV Market by Country
5.3 North America 37 to 73 kV Market by Country
5.4 North America 74 to 220 kV Market by Country
Chapter 6. North America Gas Insulated Switchgear Market by Configuration
6.1 North America Hybrid Market by Country
6.2 North America Isolated Phase Market by Country
6.3 North America Integrated Three Phase Market by Country
6.4 North America Compact GIS Market by Country
Chapter 7. North America Gas Insulated Switchgear Market by Insulation Type
7.1 North America SF6 Market by Country
7.2 North America SF6 Free Market by Country
Chapter 8. North America Gas Insulated Switchgear Market by End-User
8.1 North America Power Transmission Utilities Market by Country
8.2 North America Power Distribution Utilities Market by Country
8.3 North America Power Generation Utilities Market by Country
8.4 North America Railways & Metros Market by Country
8.5 North America Industries & OEM Market by Country
8.6 North America Commercial Market by Country
Chapter 9. North America Gas Insulated Switchgear Market by Country
9.1 US Gas Insulated Switchgear Market
9.1.1 US Gas Insulated Switchgear Market by Installation
9.1.2 US Gas Insulated Switchgear Market by Voltage Rating
9.1.3 US Gas Insulated Switchgear Market by Configuration
9.1.4 US Gas Insulated Switchgear Market by Insulation Type
9.1.5 US Gas Insulated Switchgear Market by End-User
9.2 Canada Gas Insulated Switchgear Market
9.2.1 Canada Gas Insulated Switchgear Market by Installation
9.2.2 Canada Gas Insulated Switchgear Market by Voltage Rating
9.2.3 Canada Gas Insulated Switchgear Market by Configuration
9.2.4 Canada Gas Insulated Switchgear Market by Insulation Type
9.2.5 Canada Gas Insulated Switchgear Market by End-User
9.3 Mexico Gas Insulated Switchgear Market
9.3.1 Mexico Gas Insulated Switchgear Market by Installation
9.3.2 Mexico Gas Insulated Switchgear Market by Voltage Rating
9.3.3 Mexico Gas Insulated Switchgear Market by Configuration
9.3.4 Mexico Gas Insulated Switchgear Market by Insulation Type
9.3.5 Mexico Gas Insulated Switchgear Market by End-User
9.4 Rest of North America Gas Insulated Switchgear Market
9.4.1 Rest of North America Gas Insulated Switchgear Market by Installation
9.4.2 Rest of North America Gas Insulated Switchgear Market by Voltage Rating
9.4.3 Rest of North America Gas Insulated Switchgear Market by Configuration
9.4.4 Rest of North America Gas Insulated Switchgear Market by Insulation Type
9.4.5 Rest of North America Gas Insulated Switchgear Market by End-User
Chapter 10. Company Profiles
10.1 ABB Group
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.2 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 General Electric (GE) Co.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Schneider Electric SE
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Siemens AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Eaton Corporation PLC
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.6 Hitachi, Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.7 Fuji Electric Co. Ltd.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.8 Powell Industries, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research and Development Expense
10.9 Mitsubishi Electric Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.10. Hyundai Electric and Energy Systems Co., Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
TABLE 1 North America Gas Insulated Switchgear Market, 2018 - 2021, USD Million
TABLE 2 North America Gas Insulated Switchgear Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Gas Insulated Switchgear Market
TABLE 4 Product Launches And Product Expansions – Gas Insulated Switchgear Market
TABLE 5 Acquisition and Mergers – Gas Insulated Switchgear Market
TABLE 6 Geographical Expansions – Gas Insulated Switchgear Market
TABLE 7 North America Gas Insulated Switchgear Market by Installation, 2018 - 2021, USD Million
TABLE 8 North America Gas Insulated Switchgear Market by Installation, 2022 - 2028, USD Million
TABLE 9 North America Outdoor Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Outdoor Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Indoor Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Indoor Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Gas Insulated Switchgear Market by Voltage Rating, 2018 - 2021, USD Million
TABLE 14 North America Gas Insulated Switchgear Market by Voltage Rating, 2022 - 2028, USD Million
TABLE 15 North America Above 220 kV Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Above 220 kV Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Up to 36 kV Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Up to 36 kV Market by Country, 2022 - 2028, USD Million
TABLE 19 North America 37 to 73 kV Market by Country, 2018 - 2021, USD Million
TABLE 20 North America 37 to 73 kV Market by Country, 2022 - 2028, USD Million
TABLE 21 North America 74 to 220 kV Market by Country, 2018 - 2021, USD Million
TABLE 22 North America 74 to 220 kV Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Gas Insulated Switchgear Market by Configuration, 2018 - 2021, USD Million
TABLE 24 North America Gas Insulated Switchgear Market by Configuration, 2022 - 2028, USD Million
TABLE 25 North America Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Isolated Phase Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Isolated Phase Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Integrated Three Phase Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Integrated Three Phase Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Compact GIS Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Compact GIS Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Gas Insulated Switchgear Market by Insulation Type, 2018 - 2021, USD Million
TABLE 34 North America Gas Insulated Switchgear Market by Insulation Type, 2022 - 2028, USD Million
TABLE 35 North America SF6 Market by Country, 2018 - 2021, USD Million
TABLE 36 North America SF6 Market by Country, 2022 - 2028, USD Million
TABLE 37 North America SF6 Free Market by Country, 2018 - 2021, USD Million
TABLE 38 North America SF6 Free Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Gas Insulated Switchgear Market by End-User, 2018 - 2021, USD Million
TABLE 40 North America Gas Insulated Switchgear Market by End-User, 2022 - 2028, USD Million
TABLE 41 North America Power Transmission Utilities Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Power Transmission Utilities Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Power Distribution Utilities Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Power Distribution Utilities Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Power Generation Utilities Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Power Generation Utilities Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Railways & Metros Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Railways & Metros Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Industries & OEM Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Industries & OEM Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Gas Insulated Switchgear Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Gas Insulated Switchgear Market by Country, 2022 - 2028, USD Million
TABLE 55 US Gas Insulated Switchgear Market, 2018 - 2021, USD Million
TABLE 56 US Gas Insulated Switchgear Market, 2022 - 2028, USD Million
TABLE 57 US Gas Insulated Switchgear Market by Installation, 2018 - 2021, USD Million
TABLE 58 US Gas Insulated Switchgear Market by Installation, 2022 - 2028, USD Million
TABLE 59 US Gas Insulated Switchgear Market by Voltage Rating, 2018 - 2021, USD Million
TABLE 60 US Gas Insulated Switchgear Market by Voltage Rating, 2022 - 2028, USD Million
TABLE 61 US Gas Insulated Switchgear Market by Configuration, 2018 - 2021, USD Million
TABLE 62 US Gas Insulated Switchgear Market by Configuration, 2022 - 2028, USD Million
TABLE 63 US Gas Insulated Switchgear Market by Insulation Type, 2018 - 2021, USD Million
TABLE 64 US Gas Insulated Switchgear Market by Insulation Type, 2022 - 2028, USD Million
TABLE 65 US Gas Insulated Switchgear Market by End-User, 2018 - 2021, USD Million
TABLE 66 US Gas Insulated Switchgear Market by End-User, 2022 - 2028, USD Million
TABLE 67 Canada Gas Insulated Switchgear Market, 2018 - 2021, USD Million
TABLE 68 Canada Gas Insulated Switchgear Market, 2022 - 2028, USD Million
TABLE 69 Canada Gas Insulated Switchgear Market by Installation, 2018 - 2021, USD Million
TABLE 70 Canada Gas Insulated Switchgear Market by Installation, 2022 - 2028, USD Million
TABLE 71 Canada Gas Insulated Switchgear Market by Voltage Rating, 2018 - 2021, USD Million
TABLE 72 Canada Gas Insulated Switchgear Market by Voltage Rating, 2022 - 2028, USD Million
TABLE 73 Canada Gas Insulated Switchgear Market by Configuration, 2018 - 2021, USD Million
TABLE 74 Canada Gas Insulated Switchgear Market by Configuration, 2022 - 2028, USD Million
TABLE 75 Canada Gas Insulated Switchgear Market by Insulation Type, 2018 - 2021, USD Million
TABLE 76 Canada Gas Insulated Switchgear Market by Insulation Type, 2022 - 2028, USD Million
TABLE 77 Canada Gas Insulated Switchgear Market by End-User, 2018 - 2021, USD Million
TABLE 78 Canada Gas Insulated Switchgear Market by End-User, 2022 - 2028, USD Million
TABLE 79 Mexico Gas Insulated Switchgear Market, 2018 - 2021, USD Million
TABLE 80 Mexico Gas Insulated Switchgear Market, 2022 - 2028, USD Million
TABLE 81 Mexico Gas Insulated Switchgear Market by Installation, 2018 - 2021, USD Million
TABLE 82 Mexico Gas Insulated Switchgear Market by Installation, 2022 - 2028, USD Million
TABLE 83 Mexico Gas Insulated Switchgear Market by Voltage Rating, 2018 - 2021, USD Million
TABLE 84 Mexico Gas Insulated Switchgear Market by Voltage Rating, 2022 - 2028, USD Million
TABLE 85 Mexico Gas Insulated Switchgear Market by Configuration, 2018 - 2021, USD Million
TABLE 86 Mexico Gas Insulated Switchgear Market by Configuration, 2022 - 2028, USD Million
TABLE 87 Mexico Gas Insulated Switchgear Market by Insulation Type, 2018 - 2021, USD Million
TABLE 88 Mexico Gas Insulated Switchgear Market by Insulation Type, 2022 - 2028, USD Million
TABLE 89 Mexico Gas Insulated Switchgear Market by End-User, 2018 - 2021, USD Million
TABLE 90 Mexico Gas Insulated Switchgear Market by End-User, 2022 - 2028, USD Million
TABLE 91 Rest of North America Gas Insulated Switchgear Market, 2018 - 2021, USD Million
TABLE 92 Rest of North America Gas Insulated Switchgear Market, 2022 - 2028, USD Million
TABLE 93 Rest of North America Gas Insulated Switchgear Market by Installation, 2018 - 2021, USD Million
TABLE 94 Rest of North America Gas Insulated Switchgear Market by Installation, 2022 - 2028, USD Million
TABLE 95 Rest of North America Gas Insulated Switchgear Market by Voltage Rating, 2018 - 2021, USD Million
TABLE 96 Rest of North America Gas Insulated Switchgear Market by Voltage Rating, 2022 - 2028, USD Million
TABLE 97 Rest of North America Gas Insulated Switchgear Market by Configuration, 2018 - 2021, USD Million
TABLE 98 Rest of North America Gas Insulated Switchgear Market by Configuration, 2022 - 2028, USD Million
TABLE 99 Rest of North America Gas Insulated Switchgear Market by Insulation Type, 2018 - 2021, USD Million
TABLE 100 Rest of North America Gas Insulated Switchgear Market by Insulation Type, 2022 - 2028, USD Million
TABLE 101 Rest of North America Gas Insulated Switchgear Market by End-User, 2018 - 2021, USD Million
TABLE 102 Rest of North America Gas Insulated Switchgear Market by End-User, 2022 - 2028, USD Million
TABLE 103 Key Information – ABB Group
TABLE 104 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 105 Key information – Schneider Electric SE
TABLE 106 Key Information – Siemens AG
TABLE 107 key information – Eaton Corporation PLC
TABLE 108 Key Information – Hitachi, Ltd.
TABLE 109 Key Information – Fuji Electric Co., Ltd.
TABLE 110 Key Information – Powell Industries, Inc.
TABLE 111 key information – Mitsubishi Electric Corporation
TABLE 112 Key Information – Hyundai Electric and Energy Systems Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Mar – 2022, Jun) Leading Players
FIG 5 SWOT Analysis: ABB Group
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Swot analysis: Schneider Electric SE
FIG 8 Swot analysis: Siemens AG
FIG 9 Recent strategies and developments: Hitachi, Ltd.
FIG 10 Recent strategies and developments: Mitsubishi Electric Corporation