Lucintel Forecasts the Global High Voltage Gas Insulated Substation Market is expected to grow with a CAGR of 3.1% from 2025 to 2031
Lucintel Forecasts the Global High Voltage Gas Insulated Substation Market is expected to grow with a CAGR of 3.1% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global high voltage gas insulated substation market looks promising with opportunities in the military, commercial and industrial markets. The global high voltage gas insulated substation market isis expected to grow with a CAGR of 3.1% from 2025 to 2031. The major drivers for this market are rising demand for reliable and efficient power transmission, growing shift towards urbanization and infrastructure development, and increasing focus on grid modernization and smart grids.
A more than 150-page report to understand trends, opportunity and forecast in high voltage gas insulated substation market to 2031 by type (full enclosure GIS and semi-enclosed GIS), application (military, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, full enclosure GIS is expected to witness higher growth over the forecast period due to it offers better protection against environmental factors.
Within the application category, industrial is expected to witness the highest growth due to the large-scale operations and constant need for energy solutions.
Download sample by clicking on high voltage gas insulated substation market
In terms of region, APAC is expected to witness the highest growth over the forecast period due to growing urbanization.
Hitachi Energy, Siemens, Toshiba, CG Power and Industrial Solutions, GE, Schneider Electric, Mitsubishi Electric, Nissin Electric, Fuji Electric, Eaton are the major suppliers in the high voltage gas insulated substation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Open Top Steel Drum Market
P1.2-P1.6 LED Video Wall Market
Plantable Packaging Market
Plastic IC JEDEC Tray Market
Platelet-derived Growth Factor Reagent Market