Report Code: A12871 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Gas Insulated Substation Market
Request Now !A gas insulated substation is characterized as a high voltage substation in which the primary structures are confined in a sealed off environment with sulfur hexafluoride gas as the insulating medium. A gas-insulated substation uses a topnotch dielectric gas, SF6, at medium pressure for phase-to phase and phase-to-ground insulation. The high voltage conductors, circuit breaker interrupters, switches, current transformers, and voltage transformers are in SF6 gas in grounded metal enclosing. The atmospheric air insulation used in a conventional. Air-insulated substation needs meters of air insulation to do what SF6 can do in centimeters. Gas insulated substation can therefore be smaller than air insulated substation. Gas insulated substation is mostly used where space is costly or not available. In a gas insulated substation the active parts are protected from the reduction in quality from exposure to atmospheric air, moisture, contamination, and others.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered |  Voltage type, installation, End User, and Region |
 Regions Covered |  North America, Europe, Asia-Pacific, LAMEA |
 Companies Covered | Schneider Electric SE, Alstom SA (General Electric), and ABB Ltd. (Investor AB, Cevian Capital, BlackRock, Capital Group Companies, ABB (Switzerland), GE (US), Siemens (Germany), Hitachi, Ltd. (Japan), L&T (India), and Toshiba Corporation (Japan) |
COVID-19 Impact analysis
The global economic havoc brought by the COVID-19 pandemic made way for supply chain disruptions, creating restrictions and laying an enormous impact on several businesses globally. Its effect was also felt by the energy, mining, oil, and gas sectors on account of the nationwide lockdown and containment guidelines set into motion by governments globally. The temporary shutdown of the businesses substantially interrupted the demand for gas insulated substations.
Even though, the constant effort put forth by several nations to reinforce their economic situation it is expected to show development for the industry forecast in the post-pandemic era.
Top Impacting Factors
Gas insulated substations are eco-friendly in comparison of air insulated substations, which are accountable for increasing environmental pollution levels. Moreover, they are supposed to be more efficient, highly safe, dependability and render longer life span compared to air insulated substations. Moreover, gas insulated substation, is a best example of small and low maintenance power systems, which is estimated to act as a key driving force for market growth during the forecast period. Periodically, demand for compact power systems is rising, which propels the popularity of gas insulated substation, as attributed by the compatibility to fit in a building is expected to drive the growth of the global gas insulated substation market over the forecast period. Its flexibility to function in extreme weather conditions is anticipated to increase its market size, in the regions having unpredictable and intense environment.
Market Trends
Key Segments Covered
Segment | Sub-segment |
 Product Type |
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 Installation |
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 End user |
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 Region |
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Key Benefits of the Report
Gas Insulated Substation Market Report Highlights
Aspects | Details |
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By Product Type |
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By Installation |
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By End user |
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By Region |
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Key Market Players | Hitachi, Ltd. (Japan), GE (US), Toshiba Corporation (Japan), BlackRock, Capital Group Companies, L&T (India), ABB Ltd., Cevian Capital, Siemens (Germany), Alstom SA (General Electric), Schneider Electric SE |
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