Energy and Power Gas Insulated Substation Market Research

Global Gas Insulated Substation Market Scenario
The global gas insulated substation market was analyzed by Market Research Future (MRFR) and
it was projected that an impressive CAGR of 19.50% will be attained by the market over the
forecast period of 2018 to 2023. The valuation of the gas insulated substation market was further
stated to surpass its previous valuation by the end of the forecast period.
The major component of gas insulated substation consist of busbar, circuit breaker, earthing
switch, current transformer, feeder disconnector, cable termination, and control panel. The main
advantages of Gas Insulated Substation Market Research include compact size, high flexibility
and reliability, less outages, and maintenance free. Moreover, factor such as non-availability of
sufficient space also drive the market of gas insulated substation which requires very compact
space. These substations find their application in high voltage installations, urban installation, and
urban infrastructure, among others.
Industry Highlights
Gas insulated substation is referred to as a compact and multi-component assembly, one which is
enclosed in a ground metallic housing. The gas insulated substation consists of major components
like feeder disconnector, earthing switch, busbar, circuit breaker, cable termination, current
transformer, and control panel. The primary advantages of such substations are its reliability,
compact size, free of maintenance, less outages, and high flexibility. The market is driven by the
non-availability of sufficient space as gas insulated substation requires compact space. These
substations have applications in urban infrastructure, high voltage installations, and urban
installations.
A gas insulated substation is a substation which is structured in a sealed environment with sulfur
hexafluoride as the insulating medium. A gas-insulated substation uses a superior dielectric gas
and SF6 at moderate pressure for phase-to-phase and phase-to-ground insulation. The major
components inside the grounded metal enclosures include high voltage conductors, circuit breaker
interrupters, switches, current transformers, and voltage transformers. These substations find its
application mainly in utilities and industries. These substations are generally compact and are
multi-component assembly.
The growing demand for gas insulated substation is attributed to increasing environmental
concerns. Moreover, less space in urban areas is also driving the market for gas insulated
substation. One of the major restraints of the gas insulated substation is the lack of sufficient land
infrastructure to set up new gas insulated substations.
Competitive Landscape
The global gas insulated substation market comprises a host of key players. This includes names
like ABB Ltd. (Switzerland), Toshiba Corporation (Japan), Crompton Greaves (India), Hyundai
Heavy Industries (South Korea), Siemens AG (Germany), Hyosung Corporation (South Korea),
Fuji Electric Co. Ltd (Japan), Larsen & Toubro (India), Hitachi Ltd. (Japan), Schneider Electric
(France), Mitsubishi Electric Company (Japan), General Electric (US), and others.