Gas-Insulated Substation Market Share & Revenue by Manufacturers, Company Profiles, Growth Forecasts – 2025
The report presents a highly comprehensive and accurate research study on the global Gas-Insulated Substation market. It offers PESTLE analysis, qualitative and quantitative analysis, Porter’s Five Forces analysis, and absolute dollar opportunity analysis to help players improve their business strategies. It also sheds light on critical Gas-Insulated Substation Market dynamics such as trends and opportunities, drivers, restraints, and challenges to help market participants stay informed and cement a strong position in the industry. With competitive landscape analysis, the authors of the report have made a brilliant attempt to help readers understand important business tactics that leading companies use to maintain Gas-Insulated Substation market sustainability.
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Gas-Insulated Substation Market to reach USD 35.5 billion by 2025.
Gas-Insulated Substation Market valued approximately USD 17.3 billion in 2017 is anticipated to grow with a healthy growth rate of more than 9.4% over the forecast period 2018-2025. Growing concerns regarding environmental safety and lack of sufficient land in urban areas are the major factors which are driving the growth in the Global Gas-Insulated Substation Market. Increasing demand for energy in developing countries due to changes in lifestyle along with growing disposable income are other factors fueling the growth of the market. Additionally, features of the gas insulated substations such as easy to install and operate, long life, low maintenance requirement and enhanced reliability over air-insulated substations has raised the demand for the gas insulated substation. Moreover, rising need for low maintenance and small power systems is likely to boost the market. Besides this, ongoing projects such as smart city have also raised the demand for gas insulated substations due to their high efficiency and compact size. Furthermore, the substation is flexible enough to operate in extreme weather situations and harsh environments, therefore these systems can be installed in regions such as desert, which is estimated to drive the market. However, high cost associated with the gas substation than air substation and strict safety and environment standards affect the market negatively. Moreover, any internal breakdown may result in extreme damage and that may hinder the market growth.
Key areas considered for regional analysis of global digital money transfer market includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is estimated to hold a prominent share of the Gas-Insulated Substation market. Developing countries, such as India and China, are significant players boosting the demand for the Gas-Insulated Substation Market. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Gas-Insulated Substation Market over the coming years. Asia Pacific region is contributing towards the growth of global Gas-Insulated Substation Market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The leading Market players mainly include-
¢Hitachi
¢General Electric
¢ABB
¢Mitsubishi Electric
¢Toshiba Corporation
¢Larsen & Toubro
¢Siemens AG
¢CG Power and Industrial Solutions
¢Hyosung
¢Bharat Heavy Electricals Limited
¢Tbea Co. Ltd.
¢Elsewedy Electric
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Voltage:
oMedium Voltage
oHigh Voltage
oExtra-High Voltage
By Installation:
oIndoor
oOutdoor
By End-User:
oPower Transmission Utility
oPower Distribution Utility
oPower Generation Utility
oOthers
By Regions:
oNorth America
oU.S.
oCanada
oEurope
oUK
oGermany
oAsia Pacific
oChina
oIndia
oJapan
oLatin America
oBrazil
oMexico
oRest of the World
Furthermore, years considered for the study are as follows:
Historical year “ 2015, 2016
Base year “ 2017
Forecast period “ 2018 to 2025
Target Audience of the Gas-Insulated Substation Market in Market Study:
oKey Consulting Companies & Advisors
oLarge, medium-sized, and small enterprises
oVenture capitalists
oValue-Added Resellers (VARs)
oThird-party knowledge providers
oInvestment bankers
oInvestors
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Table of Contents:
Study Coverage: It includes study objectives, years considered for the research study, growth rate and Gas-Insulated Substation market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.
Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Gas-Insulated Substation market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.
Gas-Insulated Substation Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.
Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.
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