Gas Insulated Substation Industry Grow at a CAGR of 9.57% by 2020-2025 Global Market Share, Type and Application, Top Vendors (Hitachi, ABB, General Electric, etc.)
The Global Gas-Insulated Substation Market was valued at USD XX million in 2016, and is expected to grow at a CAGR of 9.57% by 2025.
Market growth can be attributed to the increasing investments in renewable energy, government subsidies and regulations for enhancing energy efficiency, rising energy demand and space constraint in densely populated urban area, various government regulations for energy efficiency, increasing investments in power sector, are some of the main factors to drive the growth of the market.
Delays in grid expansion projects in various countries remains challenge for the market growth. Growing adoption of HVDC technology and increasing focus on rural electrification and development of molten salt battery technology are growing as opportunity for the market growth.
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Asia pacific region is expected to hold largest market share in upcoming years attributed to increasing energy consumption from emerging economies like China and India, extending generation connections in region are important factor to support the region dominance.
Market by end user is dominated by power transmission utility segment attributed to increasing capacity of substations in order to meet demand of electrification in various region and growing concern towards efficient power flow are mainly contributing to the segment dominance.
Some of the key players operating in this market include Hitachi, ABB, General Electric, LG, and Toshiba among others.
Key Benefits of the Report:
•Global, Regional, Country, end user type, and installation types Market Size and Forecast from 2014- 2025
•Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
•Identification of key companies that can influence this market on a global and regional scale
•Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
•Detailed insights on emerging regions, end user types & installation type, and competitive landscape with qualitative and quantitative information and facts
Global Gas-Insulated Substation Industry is spread across 121 pages, profiling 05 top companies and supported with tables and figures.
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Target Audience:
•Commercial Gas-Insulated Substation Market providers
•Traders, Importer and Exporter
•Raw material suppliers and distributors
•Research and consulting firms
•Government and research organizations
•Associations and industry bodies
Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks.
The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity Types, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
•Original Equipment Manufacturer
•Component Supplier
•Distributors
•Government Body & Associations
•Research Institute
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Gas-Insulated Substation Market — Industry Outlook
4 Gas-Insulated Substation Market By Installation
5 Gas-Insulated Substation Market By End User
6 Gas-Insulated Substation Market Regional Outlook
7 Competitive Landscape
End Of The Report
Disclaimer
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