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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Gas Insulated Substation Market Trends and Forecast 2017-2024 Gas Insulated Substation Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, UAE, Saudi Arabia, Oman, China, India, Japan, Indonesia, Brazil), Application Development, Competitive Market Share & Forecast, 2017 – 2024
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Global gas insulated substation market size is set to witness robust growth during the forecast period. Increasing population coupled with rapid industrialization and growing demand for efficient energy sources will propel the industry growth. Dependable power source coupled with reduced geographical area and need of compact power source will positively influence the business outlook. Sulphur Hexafluoride (SF6) is a major component owing to superior dielectric properties than air insulated subsidiary stations. Components of the gas insulated substation market including high-voltage conductors, circuit breakers, voltage transformers, current transformers and switches are encapsulated in a single grounded metal enclosure which greatly reduces the size of the power plant and can be installed in most compact spaces. Global Market Scenario of Gas Insulated Substation
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Product Analysis:- Increasing demand for safe power transmission systems with high efficiency will positively impact gas insulated substation market. The subsidiary station consists of a monitoring system, where gas inside each compartment should be at 3kg/cm2. Density of each compartment is constantly monitored, in case pressure inside the chamber drops, gas will be trapped and leakage will be avoided. In case of a further pressure drop, the chamber automatically locks up activating a low-pressure alarm. However, high installation of the substation and SF6 causing greenhouse emission are a few factors likely to restrict the growth of gas insulated substation market during the forecast period. Regional Trends:- Asia Pacific, led by India holds the largest shares of gas insulated substation market owing to its need of a compact, safe and efficient power source. Increasing industrialization coupled with decreasing geographical area will further fuel the industry during the forecast period. Increasing installations of GIS systems in UAE will propel the Middle East region in the near term. Development of new technologies and onset of smart city programs has resulted in the introduction of the industry in North America and will drive the gas insulated substation market during the forecast period.
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Competitive Market Share:- Notable participants of the gas insulated substation market are Siemens AG (Germany), Schneider Electric SE (France), ABB Ltd. (Switzerland), Alstom SA (France) and Mitsubishi Electric Corporation (Japan).
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Gas Insulated Substation Market@ http://bit.ly/2pvt6es To request a copy of the table of contents for this report@ http://bit.ly/2pviDzS http://bit.ly/2pviDzS
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