Gas Insulated Substation Market
The gas insulated substation market has been segmented , by region into Asia Pacific , North America , Europe , and Rest of World . The gas insulated substation market is further segment by voltage into medium ( ≤ 72.5 KV ) and high (> 72.5 KV ). High voltage gas insulated substations are primarily used for transmission and distribution of electricity at high and extrahigh voltage .
Asia Pacific was the largest market for gas insulated substations globally , accounting for 54 % of the market in 2015 . China was the leader in terms of revenue realization from gas insulated substations , followed by India , in 2015 . Europe was the second-largest market for gas insulated substations in 2015 . CIS countries , such as Russia , spearhead the gas insulated substation market in Europe with modification and expansion of aged electricity infrastructure . North America was the third-largest market for gas insulated substations , in terms of market share , in 2015 . The U . S . and Canada were the leading countries with highest revenue realization from gas insulated substations in 2015 . The market in Rest of World is expected to witness significant growth in the near future , with growth in the manufacturing and processing sectors and increasing demand for electricity .
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The market in Gulf Cooperation Council ( GCC ) countries is expected to expand at the highest CAGR during the forecast period . Industrialization , and growth in manufacturing and power generation would drive the demand for gas insulated substations in GCC countries .
Some of the key manufacturers of gas insulated substations are ABB Group , Eaton Corporation Plc ., Fuji Electric Co ., Ltd ., General Electric Company , Hitachi , Ltd ., Mitsubishi Electric Corporation , Schneider Electric SE , Siemens AG , Crompton Greaves Limited , and Toshiba Corporation .
The gas insulated substation market has been segmented as follows : Gas Insulated Substation Market : By Region -North America -Europe
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