Europe Gas Insulated Switchgear Market Overview Of The Key Driving Forces To Create PositivePosted by Devanand on June 7th, 2024 Europe Gas Insulated Switchgear Market overview During 2024-2030 the Europe Gas Insulated Switchgear market had moderate growth. During 2024-2030 the market will grow at a CAGR of around 9.8%. Due to the pandemic covid 19, the market is continuously under tracking and evaluation of direct as well as the indirect influence of the lockdowns and shutdowns on the different end-use industries. The gas-insulated switchgear refers to a compact metal closed cabinet, which consists of high voltage components that include circuit breakers, disconnectors and relay switches. These are insulated using sulfur hexafluoride that helps in vacuuming and circuit breaking in an electric system. In case of adverse conditions, it helps in energy transmission and integration of power generation to the grid by protecting the distribution mechanism by disengaging the system. In comparison to any other air-insulated switchgear, GIS is more reliable, environmentally friendly, adaptable and requires less maintenance. These are installed in the extension of roofs, industrial plants and offshore platforms. There are a few main key players who operates the market in the competitive landscape. ABB, Alstom, Benchmarking, Bharat heavy electricals, Eaton corporation, general electric company, Hitachi, Larsen and Turbo, Mitsubishi electrical, Powell Industries, Siemens, Toshiba International etc. Market segmentation The Europe Gas Insulated Switchgear market is segmented under the following components as By Type:
By Installation:
By Technology:
By Voltage:
By End-Use Sector:
By Region
Regional analysis
Industry news
Related Reports Like it? Share it!More by this author |