Gas Insulated Substation Market Size and Forecast Outlook 2025 to 2035

The global gas insulated substation market is slated to be worth USD 16.9 billion in 2025. It is poised to witness 5.7% CAGR during the forecast period, reaching USD 29.5 billion by 2035. Growth is driven by rising demand for compact and high-capacity power infrastructure, especially in urban and space-constrained areas, alongside increasing electricity demand, rapid industrialization, and grid modernization globally.

Additionally, the growing integration of renewable energy sources and the need for reliable, low-maintenance substation solutions further propel market expansion. The Asia-Pacific region leads growth, backed by infrastructure investments and energy sector reforms.

The market is undergoing rapid transformation driven by digital integration, advanced monitoring technologies, and localization of manufacturing and service operations. The rise of smart grid projects, remote monitoring capabilities, and predictive maintenance solutions is making substations more intelligent and responsive.

These advancements are transforming the GIS market into a more data-driven, standardized, and highly efficient sector, improving network stability, transparency, and long-term asset performance. As infrastructure investments increase across developing and developed regions, the market is witnessing resilient, automated, and future-proof power transmission systems.

Gas Insulated Substation Market

Technological advancements play a crucial role in driving the growth of the market by enhancing operational reliability, safety, and spatial efficiency. Innovations in high-voltage insulation and digital control systems are improving performance while addressing environmental concerns. The integration of GIS with smart grid platforms, remote diagnostics, and real-time monitoring further boosts asset optimization and reduces system downtime.

Additionally, increasing urban density and land constraints are pushing utilities and infrastructure developers toward compact GIS solutions over conventional air-insulated substations. Global regulatory frameworks are increasingly emphasizing grid reliability, environmental safety, and emissions control.

Regulatory bodies such as the International Electrotechnical Commission (IEC), European Union Commission, and regional energy regulators are implementing stringent guidelines on substation safety, SF₆ gas handling, and energy efficiency.

Gas Insulated Substation Market Analyzed by Top Investment Segments

The global gas insulated substation market is segmented on the basis of installation into indoor and outdoor; by voltage rating into medium voltage (up to 72.5 kV), high voltage (72.5 kV - 220 kV), and ultra-high voltage (220 kV - 765 kV); by end user into power transmission & distribution and manufacturing & processing; and by region into North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia Pacific, and Middle East and Africa.

Surging Product Installation in Indoor Settings

The indoor segment is projected to be the most lucrative between 2025 and 2035, projected to grow at a CAGR of 7.2%, driven by increasing urbanization, space constraints, and stringent regulatory requirements for safety and environmental impact.

The indoor GIS segment’s market value is estimated to reach USD 18.5 billion by 2035, up from approximately USD 9.5 billion in 2025, reflecting its rapid adoption in urban infrastructure projects and renewable energy integration. This elevated growth trajectory can be attributed to the expanding demand for compact, enclosed substations in densely populated metropolitan regions, where land availability is limited and safety concerns are paramount.

Furthermore, advancements in modular design and ease of installation are accelerating adoption in new infrastructure projects. Growing investments in renewable energy integration and smart grid technologies also favor indoor GIS solutions due to their flexibility and enhanced monitoring capabilities.

The outdoor segment, while substantial in market size, is forecasted to experience moderate growth due to its application in less space-constrained environments and older power transmission systems. It remains critical for rural and industrial zones but faces increasing competition from indoor solutions, especially where modernization and land optimization are prioritized.

Basis of Installation CAGR (2025 to 2035)
Indoor 7.2%

High Voltage Range Emerges as Key Growth Driver with 6.5% CAGR through 2035

The high voltage segment (72.5 kV - 220 kV) is projected to be the most lucrative in the gas insulated substation market between 2025 and 2035, expanding at a CAGR of 6.5%. The segment is reflecting strong investments in grid modernization and replacement of aging infrastructure with estimated value increase from around USD 7.8 billion in 2025 to USD 15.2 billion by 2035, capturing a significant share of the GIS market due to its balanced application in both urban and industrial environments. This voltage range supports critical infrastructure for regional transmission and urban distribution, positioning it as a growth engine.

Moreover, increasing demand for reliable power supply in rapidly developing economies is accelerating adoption. The technological advancements in insulation and switching further enhance its efficiency and operational lifespan, solidifying its market dominance. The medium voltage segment (up to 72.5 kV) caters mainly to localized distribution and smaller industrial clients, showing steady but slower expansion.

Ultra-high voltage GIS (220 kV - 765 kV), while vital for long-distance transmission and grid interconnections, represents a more niche segment with comparatively slower growth due to high capital costs and longer project timelines.

Voltage Rating CAGR (2025 to 2035)
High Voltage (72.5-220 kV) 6.5%

By End User, Power Transmission & Distribution to be Lucrative

The power transmission & distribution (T&D) segment is projected to be the most lucrative, estimated to grow at an accelerated CAGR of 6.3% over the forecast period. The segment’s market value is expected to rise from USD 12.4 billion in 2025 to USD 23.5 billion by 2035, accounting for a dominant share of the GIS market. This is driven by the escalating need to upgrade aging power grids, increase transmission capacity, and integrate renewable energy sources globally.

The rising electrification initiatives, grid modernization projects, and expansion of smart grid infrastructure underscore the quantitative growth in this segment. Additionally, increasing government investments and regulatory support for reliable power supply in emerging economies further fuel demand.

The segment also benefits from technological innovations that improve system efficiency and reduce downtime, making GIS a preferred choice for utilities worldwide. The manufacturing & processing segment, while important, represents a smaller portion of the overall GIS market.

The segment growth is stable but limited by industry-specific capital expenditure cycles and the scale of in-plant power infrastructure needs. Although this segment contributes to the GIS market, the power transmission & distribution segment’s broader scale and consistent investment flows position it as the principal revenue driver.

End User CAGR (2025 to 2035)
Power Transmission & Distribution 6.3%

Challenges & Opportunities

Challenges

Environmental Concerns Over SF₆ Gas Usage

The most significant concern in the GIS industry is the detrimental effect of sulfur hexafluoride (SF₆) gas, which is predominantly utilized as an insulating medium in the GIS circuit. SF₆ is primarily a greenhouse gas with a high global warming potential (GWP), making it subject to international environmental regulatory laws. To this end, bodies like the EU’s F-Gas regulations are advocating for less emission of industrial SF6 gases, which is the main driving force behind the invention of SF6-free GIS technologies. While other gases like fluoronitriles, and CO₂ are being focused on as options, their production, and durability challenges remain.

High Installation and Maintenance Costs

Gas insulated substations require more capital investment than air-insulated substations (AIS), thus making cost a big factor for acceptance, especially in developing countries. The difficulty of installation, specialized maintenance procedures, and the need for trained personnel increase the total expenses of GIS further. Moreover, the price of transforming existing substations into GIS technology is also high, needing the utility companies to think very well about profits in a long run and compare them with upfront costs. Nonetheless, a rise in automation and decrease in production price are the main reasons that push GIS technology costs down in forthcoming years.

Opportunities

Advancements in SF₆-Free and Digital GIS Technology

The development of SF₆-free GIS solutions presents a major opportunity for market growth, as utilities and governments focus on reducing carbon footprints and enhancing environmental sustainability. Companies are investing in fluoronitrile-based, vacuum-insulated, and hybrid GIS solutions to comply with emission reduction regulations while maintaining high-performance standards.

Additionally, the integration of AI-driven monitoring systems, predictive maintenance tools, and IoT-enabled GIS components is enhancing grid reliability and operational efficiency. The shift towards fully digital substations is expected to accelerate the adoption of next-generation GIS technology.

Expansion of Smart Grid Infrastructure and Renewable Energy Projects

The worldwide movement towards smart grid renovation and higher integration of renewable energy resources is providing the space for GIS implementation. The growing number of solar and wind power plants makes it necessary to build substations with high-voltage GIS that will be connected to these renewable sources to the national grids.

Meanwhile, both public authorities and enterprises are financing in high-performance and space-efficient GIS technologies with a primary target of strengthening the efficiency of the grid, decreasing electrical losses, and catering to the requirements of the prevailing electricity demand. The establishment of microgrid networks, EV charging points, and mixed power systems will additionally influence the rise of GIS in the next years to come.

Country Wise Analysis

United States

The USA gas insulated substation (GIS) sector is steadily increasing as a consequence of the progressive trend of modernization of the power transmission network along with the widespread adoption of renewable energy and the urban need for space-efficient substations.

The power grid in the USA is currently under renovation to a great extent to enhance the system's reliability and to accommodate renewable power sources effectively which causes an increase in the quality of the services such as high-voltage GIS. Digital substations and smart grids are becoming prevalent through the use of advanced GIS technologies endowed with real-time monitoring and automation capabilities that go beyond the solution of simple issues.

Together with that, Compact, low-maintenance substations as a measure proposed by the USA Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC) to mitigate the effects of extreme weather and at the same time improve grid efficiency are also being promoted. The rising awareness of SF₆ gas emissions, a greenhouse gas that is widely used in GIS, is prompting utility companies to consider the use of alternate eco-friendly insulating gases and hybrid GIS solution.

  • USA Power Grid Modernization & Smart Grid Investments: Increased demand for digitally integrated gas insulated substations.
  • Expansion of Renewable Energy Infrastructure (Solar & Wind Farms): Higher deployment of GIS for efficient power transmission. Urbanization & Space Constraints Driving Compact GIS Installations: Rising adoption of space-saving substations in metropolitan areas.
  • Advancements in SF₆-Free & Eco-Friendly GIS Technologies: Growth in low-emission alternatives to meet sustainability goals. Government Policies Supporting Grid Reliability & Energy Security: Increased funding for GIS deployment in extreme-weather-prone regions.
Country CAGR (2025 to 2035)
United States 5.9%

United Kingdom

The UK gas insulated substation sector has shown a slight growth track which is mainly attributed to the constant influx of investments to the offshore wind power, grid resilience projects, and the essentiality of space-efficient substations. Under the guidance of the UK’s Net Zero 2050 Strategy, the electrification of the country has been put on the top priority list which in turn has resulted in a hike in the GIS installations that are meant for renewable energy projects.

The National Grid ESO (Electricity System Operator) is putting money into the existing high-voltage GIS substations which will improve the stability of the grid network and will also result in lower transmission losses. Furthermore, the swift growth of offshore wind farms in the North Sea is giving rise to the need for compact and high-capacity GIS solutions which are necessary for delivering the power to the city centers in a more efficient manner.

With the age-old electrical infrastructure prevalent in key locations like London, Manchester, and Birmingham, the GIS installations are the first choice for retrofit projects as they take a small amount of land and are easy to handle maintenance wise.

  • UK Net Zero 2050 & Grid Decarbonization Initiatives: Enhanced deployment of GIS in renewable energy substations.
  • Rising Investments in Offshore Wind Power & Transmission Systems: Increased demand for compact GIS in wind farm substations.
  • Grid Modernization & Aging Infrastructure Replacement: Greater use of GIS in city grid reinforcement projects.
  • Space Constraints & Urban Expansion Driving Demand for Compact Substations: Quick climb of small-footprint GIS installations.
  • Government Incentives for Low-Carbon Power Infrastructure: Growing importance given to SF₆-free and hybrid GIS technologies.
Country CAGR (2025 to 2035)
United Kingdom 5.5%

European Union

The European Union gas insulated substation market is expanding significantly due to stringent emissions regulations, rapid renewable energy integration, and increasing investments in grid reliability. Leading nations such as Germany, France, and the Netherlands are at the forefront of GIS adoption, driven by EU Green Deal policies promoting low-carbon and energy-efficient grid solutions.

With the EU aiming for carbon neutrality by 2050, power utilities are rapidly replacing traditional air-insulated substations (AIS) with GIS, as they offer superior space efficiency, lower maintenance, and better operational reliability.

Additionally, the expansion of high-voltage direct current (HVDC) transmission systems across Europe is increasing demand for GIS to facilitate long-distance power transfers with minimal losses. European manufacturers are also pioneering SF₆-free GIS technologies, developing eco-friendly alternatives such as fluoronitrile-based insulation to meet strict environmental regulations.

  • EU Green Deal & Carbon Neutrality Goals Driving GIS Adoption: Rising demand for low-carbon grid infrastructure.
  • Expansion of HVDC & Cross-Border Electricity Transmission Networks: Increased deployment of GIS for intercontinental power flow optimization.
  • Strict EU Regulations Limiting SF₆ Gas Emissions: Growth in SF₆-free and eco-friendly GIS solutions.
  • Rapid Growth of Renewable Energy Projects (Solar, Wind, Hydrogen Power): Higher demand for GIS in large-scale energy transmission.
  • Urbanization & Infrastructure Expansion Increasing Demand for Compact Substations: Increased installation of GIS in smart cities and industrial hubs.
Region CAGR (2025 to 2035)
European Union 5.7%

Japan

The steady growth of the Japan gas insulated substation market is due to the efforts on grid modernization, the expansion of renewable energy, and the implementation of the smart grid technologies. The high population density and space constraints in Japan make compact GIS solutions very beneficial for the urban areas.

The country is pushing harder on renewable energy technologies thus, GIS is instrumental in the transmission of offshore wind, solar, and geothermal power efficiently through the grid. Furthermore, the government is funding the earthquake-resistant power infrastructure which is causing the demand for GIS that has better reliability and stability in the seismic areas.

The development of technologies such as remote-controlled GIS and AI-integrated GIS are now also achieving a great deal of success, making utilities more efficient with predictive maintenance and automated monitoring systems.

  • Rising Investments in Smart Grid & Power System Automation: The regular use of AI-integrated GIS for real-time monitoring.
  • Growth of Renewable Energy (Offshore Wind, Solar, Geothermal): The deployment of GIS for clean energy transmission is higher.
  • Space Constraints & Urban Expansion Favoring Compact GIS Installations: The installations in Tokyo, Osaka, and other metropolitan areas are going up.
  • Earthquake-Resistant Power Infrastructure Development: The GIS in disaster-prone areas is the preferred option.
  • Advancements in SF₆-Free & Low-Maintenance GIS Technologies: There is a focus on environmentally sustainable solutions.
Country CAGR (2025 to 2035)
Japan 5.4%

South Korea

The South Korea gas insulated substation market is expanding due to rapid industrialization, growing electricity demand, and increasing adoption of smart energy solutions. With South Korea’s ambitious renewable energy goals, GIS is being increasingly deployed in solar and wind energy transmission networks.

The South Korean government’s investment in digital substations and smart grids has also led to the integration of IoT-enabled GIS with real-time diagnostics and automated fault detection. Additionally, the expansion of high-speed rail and metro infrastructure has created demand for compact GIS installations in transportation hubs.

  • With stringent environmental regulations, utilities are adopting low-emission and SF₆-free GIS to meet sustainability targets.
  • Rapid Expansion of Smart Grid & Digital Substation Technologies: Higher adoption of IoT-integrated GIS solutions.
  • Growth in Renewable Energy (Solar, Wind, Battery Storage Integration): Increased GIS deployment for clean energy transmission.
  • Urbanization & Development of High-Speed Rail & Metro Systems: Increased demand for compact GIS in transportation hubs.
  • South Korean Government’s Clean Energy & Sustainability Policies: Rising investments in low-carbon and SF₆-free GIS solutions.
  • Advancements in AI & Automation for Power Grid Optimization: Growth in smart monitoring and predictive maintenance GIS.
Country CAGR (2025 to 2035)
South Korea 5.6%

Competitive Outlook

The worldwide GIS for gas insulated substation market is extensively expanding as a result of the continuous increase in electricity demand, the rise in the adoption of smart grid technologies, and the improvement of high-voltage electrical infrastructure. GIS technology has been the first choice for beyond traditional air-insulated substations because of its compact design, higher reliability, and super insulation characteristics that are particularly suitable for urban, industrial, and offshore applications.

The market is driven by factors such as the rise in investments in renewable energy projects, the increasing need for grid modernization, and the issue of environmental concerns with SF₆ gas emissions that led to the creation of SF₆-free GIS solutions. Major suppliers are inclined to energy-efficient GIS designs, intelligent automation, and alternative development for environmental sustainability to meet global energy transition goals.

Other Key Players

  • Schneider Electric SE
  • Hyosung Heavy Industries
  • Fuji Electric Co., Ltd.
  • Nissin Electric Co., Ltd.
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Meidensha Corporation
  • CG Power and Industrial Solutions Ltd.
  • Iljin Electric Co., Ltd.
  • Eaton Corporation plc
  • Larsen & Toubro Limited (L&T)

Key Segments

By Voltage Range:

Less than 52 kV, 72.5 to 245 kV, Above 245 kV

By Installation:

Indoor, Outdoor, Hybrid

By End Use:

Transmission & Distribution, Industrial, Renewable Energy, Offshore

By Region:

North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, Middle East & Africa

Table of Content

  1. Executive Summary
  2. Industry Introduction, including Taxonomy and Market Definition
  3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  4. Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035, including Historical Analysis and Future Projections
  5. Pricing Analysis
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035
    • Basis of Installation
    • Voltage Rating
    • End User
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Basis of Installation
    • Indoor
    • Outdoor
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Voltage Rating
    • Medium Voltage (Up to 72.5 kV)
    • High Voltage (72.5 kV - 220 kV)
    • Ultra-High Voltage (220 kV - 765 kV)
  9. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By End User
    • Power Transmission & Distribution
    • Manufacturing & Processing
  10. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia Pacific
    • Middle East and Africa
  11. North America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  12. Latin America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  13. Western Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  14. Eastern Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  15. East Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  16. South Asia Pacific Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  17. Middle East and Africa Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  18. Sales Forecast 2025 to 2035 by Basis of Installation, Voltage Rating, and End User for 30 Countries
  19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  20. Company Profile
    • Schneider Electric SE
    • Hyosung Heavy Industries
    • Fuji Electric Co., Ltd.
    • Nissin Electric Co., Ltd.
    • Hyundai Electric & Energy Systems Co., Ltd.
    • Meidensha Corporation
    • CG Power and Industrial Solutions Ltd.
    • Iljin Electric Co., Ltd.
    • Eaton Corporation plc
    • Larsen & Toubro Limited (L&T)
    • Other Major Players

List of Tables

Table 1: Global Market Value (US$ million) Forecast by Region, 2017 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2017 to 2033

Table 3: Global Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 4: Global Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 5: Global Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 6: Global Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 7: Global Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 8: Global Market Volume (Units) Forecast by End User, 2017 to 2033

Table 9: North America Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 10: North America Market Volume (Units) Forecast by Country, 2017 to 2033

Table 11: North America Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 12: North America Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 13: North America Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 14: North America Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 15: North America Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 16: North America Market Volume (Units) Forecast by End User, 2017 to 2033

Table 17: Latin America Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 18: Latin America Market Volume (Units) Forecast by Country, 2017 to 2033

Table 19: Latin America Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 20: Latin America Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 21: Latin America Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 22: Latin America Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 23: Latin America Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 24: Latin America Market Volume (Units) Forecast by End User, 2017 to 2033

Table 25: Europe Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 26: Europe Market Volume (Units) Forecast by Country, 2017 to 2033

Table 27: Europe Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 28: Europe Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 29: Europe Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 30: Europe Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 31: Europe Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 32: Europe Market Volume (Units) Forecast by End User, 2017 to 2033

Table 33: East Asia Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 34: East Asia Market Volume (Units) Forecast by Country, 2017 to 2033

Table 35: East Asia Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 36: East Asia Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 37: East Asia Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 38: East Asia Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 39: East Asia Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 40: East Asia Market Volume (Units) Forecast by End User, 2017 to 2033

Table 41: South Asia Pacific Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 42: South Asia Pacific Market Volume (Units) Forecast by Country, 2017 to 2033

Table 43: South Asia Pacific Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 44: South Asia Pacific Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 45: South Asia Pacific Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 46: South Asia Pacific Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 47: South Asia Pacific Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 48: South Asia Pacific Market Volume (Units) Forecast by End User, 2017 to 2033

Table 49: MEA Market Value (US$ million) Forecast by Country, 2017 to 2033

Table 50: MEA Market Volume (Units) Forecast by Country, 2017 to 2033

Table 51: MEA Market Value (US$ million) Forecast by Basis of Installation, 2017 to 2033

Table 52: MEA Market Volume (Units) Forecast by Basis of Installation, 2017 to 2033

Table 53: MEA Market Value (US$ million) Forecast by Voltage Rating, 2017 to 2033

Table 54: MEA Market Volume (Units) Forecast by Voltage Rating, 2017 to 2033

Table 55: MEA Market Value (US$ million) Forecast by End User, 2017 to 2033

Table 56: MEA Market Volume (Units) Forecast by End User, 2017 to 2033

List of Figures

Figure 1: Global Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 2: Global Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 3: Global Market Value (US$ million) by End User, 2023 to 2033

Figure 4: Global Market Value (US$ million) by Region, 2023 to 2033

Figure 5: Global Market Value (US$ million) Analysis by Region, 2017 to 2033

Figure 6: Global Market Volume (Units) Analysis by Region, 2017 to 2033

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 9: Global Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 10: Global Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 11: Global Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 12: Global Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 13: Global Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 14: Global Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 15: Global Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 16: Global Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 17: Global Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 18: Global Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 19: Global Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 20: Global Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 21: Global Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 22: Global Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 23: Global Market Attractiveness by End User, 2023 to 2033

Figure 24: Global Market Attractiveness by Region, 2023 to 2033

Figure 25: North America Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 26: North America Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 27: North America Market Value (US$ million) by End User, 2023 to 2033

Figure 28: North America Market Value (US$ million) by Country, 2023 to 2033

Figure 29: North America Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 30: North America Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 33: North America Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 34: North America Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 35: North America Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 37: North America Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 38: North America Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 39: North America Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 40: North America Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 41: North America Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 42: North America Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 43: North America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 44: North America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 45: North America Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 46: North America Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 47: North America Market Attractiveness by End User, 2023 to 2033

Figure 48: North America Market Attractiveness by Country, 2023 to 2033

Figure 49: Latin America Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 50: Latin America Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 51: Latin America Market Value (US$ million) by End User, 2023 to 2033

Figure 52: Latin America Market Value (US$ million) by Country, 2023 to 2033

Figure 53: Latin America Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 54: Latin America Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 57: Latin America Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 58: Latin America Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 61: Latin America Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 62: Latin America Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 65: Latin America Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 66: Latin America Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 67: Latin America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 69: Latin America Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 70: Latin America Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 71: Latin America Market Attractiveness by End User, 2023 to 2033

Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 73: Europe Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 74: Europe Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 75: Europe Market Value (US$ million) by End User, 2023 to 2033

Figure 76: Europe Market Value (US$ million) by Country, 2023 to 2033

Figure 77: Europe Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 78: Europe Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 81: Europe Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 82: Europe Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 83: Europe Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 85: Europe Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 86: Europe Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 87: Europe Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 88: Europe Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 89: Europe Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 90: Europe Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 91: Europe Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 92: Europe Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 93: Europe Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 94: Europe Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 95: Europe Market Attractiveness by End User, 2023 to 2033

Figure 96: Europe Market Attractiveness by Country, 2023 to 2033

Figure 97: East Asia Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 98: East Asia Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 99: East Asia Market Value (US$ million) by End User, 2023 to 2033

Figure 100: East Asia Market Value (US$ million) by Country, 2023 to 2033

Figure 101: East Asia Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 102: East Asia Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 105: East Asia Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 106: East Asia Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 107: East Asia Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 109: East Asia Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 110: East Asia Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 111: East Asia Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 113: East Asia Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 114: East Asia Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 115: East Asia Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 117: East Asia Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 118: East Asia Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 119: East Asia Market Attractiveness by End User, 2023 to 2033

Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 121: South Asia Pacific Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 122: South Asia Pacific Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 123: South Asia Pacific Market Value (US$ million) by End User, 2023 to 2033

Figure 124: South Asia Pacific Market Value (US$ million) by Country, 2023 to 2033

Figure 125: South Asia Pacific Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 126: South Asia Pacific Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 127: South Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 128: South Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 129: South Asia Pacific Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 130: South Asia Pacific Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 131: South Asia Pacific Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 132: South Asia Pacific Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 133: South Asia Pacific Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 134: South Asia Pacific Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 135: South Asia Pacific Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 136: South Asia Pacific Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 137: South Asia Pacific Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 138: South Asia Pacific Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 139: South Asia Pacific Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 140: South Asia Pacific Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 141: South Asia Pacific Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 142: South Asia Pacific Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 143: South Asia Pacific Market Attractiveness by End User, 2023 to 2033

Figure 144: South Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 145: MEA Market Value (US$ million) by Basis of Installation, 2023 to 2033

Figure 146: MEA Market Value (US$ million) by Voltage Rating, 2023 to 2033

Figure 147: MEA Market Value (US$ million) by End User, 2023 to 2033

Figure 148: MEA Market Value (US$ million) by Country, 2023 to 2033

Figure 149: MEA Market Value (US$ million) Analysis by Country, 2017 to 2033

Figure 150: MEA Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 151: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 152: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 153: MEA Market Value (US$ million) Analysis by Basis of Installation, 2017 to 2033

Figure 154: MEA Market Volume (Units) Analysis by Basis of Installation, 2017 to 2033

Figure 155: MEA Market Value Share (%) and BPS Analysis by Basis of Installation, 2023 to 2033

Figure 156: MEA Market Y-o-Y Growth (%) Projections by Basis of Installation, 2023 to 2033

Figure 157: MEA Market Value (US$ million) Analysis by Voltage Rating, 2017 to 2033

Figure 158: MEA Market Volume (Units) Analysis by Voltage Rating, 2017 to 2033

Figure 159: MEA Market Value Share (%) and BPS Analysis by Voltage Rating, 2023 to 2033

Figure 160: MEA Market Y-o-Y Growth (%) Projections by Voltage Rating, 2023 to 2033

Figure 161: MEA Market Value (US$ million) Analysis by End User, 2017 to 2033

Figure 162: MEA Market Volume (Units) Analysis by End User, 2017 to 2033

Figure 163: MEA Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 164: MEA Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 165: MEA Market Attractiveness by Basis of Installation, 2023 to 2033

Figure 166: MEA Market Attractiveness by Voltage Rating, 2023 to 2033

Figure 167: MEA Market Attractiveness by End User, 2023 to 2033

Figure 168: MEA Market Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

What is the estimated market size of the global gas insulated substation market for 2025?

The global gas insulated substation market is projected to reach USD 16.9 billion by the end of 2025.

At what rate is the market expected to grow during the forecast period?

The market is anticipated to grow at a CAGR of 5.7% over the forecast period.

What is the projected market worth by 2035?

By 2035, the gas insulated substation market is expected to reach USD 29.5 billion.

Which segment is expected to dominate the market?

The 72.5 to 245 kV segment is expected to dominate due to increasing demand for efficient and space-saving substations in urban areas and industrial zones, along with the growing need for reliable power transmission.

Who are the key players in the gas insulated substation market?

Key players in the gas insulated substation market include ABB Ltd., Siemens AG, General Electric, Hitachi Energy, and Toshiba Corporation.

Explore Similar Insights

Future Market Insights

Gas Insulated Substation Market

OSZAR »