Gas Insulated Switchgear (GIS) Market worth $21,951.9 Million by 2019

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MarketsandMarkets Presents
Gas Insulated Switchgear (GIS) Market worth
21,951.9 Million by 2019
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The report, "Gas Insulated Switchgear (GIS)
Market by Type (High Medium), Sub-type (Primary
Secondary), End-User (Transmission
Distribution, Manufacturing Processing,
Infrastructure Transportation and Power
Generation) - Global Trends and Forecasts to
2019" defines and segments the GIS market with
analysis and forecasting of the market
size. Browse gtgt 77 data
tables 52 figures
146 pages and in-depth TOC on Gas
Insulated Switchgear (GIS) Market
http//www.marketsandmarkets.com/Market-Reports/
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rly buyers will receive 10 customization on this
report.
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Asia-Pacifics power sector is among the top
fastest growing power sector across the globe and
is expected to grow at the same pace in the near
future. Asia-Pacific is the biggest market of
GIS, and had a share of more than 65.0 of the
total market size in 2013 that was majorly
contributed by the China. It is estimated that
India is the fastest growing market of GIS in the
region. The implementation of EHV and UHV
transmission system to minimize the transmission
losses has strongly influenced the GIS market in
the region. A few of the reasons for the high
growth in this region are growing population,
vast economiesdeveloped as well as developing,
favorable investment policies, and government
initiatives to promote industrial
growth. Transmission Distribution the
biggest and Infrastructure Transportation the
fastest growing GIS markets Transmission
distribution is the biggest end-user segment for
GIS market, mainly driven by the growing demand
for EHV and UHV transmission system to minimize
the transmission losses.
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China and Russia are at forefront for employing
GIS in transmission and distribution industry
while Japan, U.S., and Germany are other key
markets for GIS in the transmission and
distribution end-user segment. Infrastructure and
transportation is the fastest growing GIS
end-user segment, majorly contributed by China,
Japan, U.A.E and India. It is projected that
among the key markets, U.A.E. has the maximum
CAGR in this particular end-user segment of GIS
followed by India and then China. Under the
infrastructure transportation segment, medium
voltage GIS is used in various commercial places.
The loads of these commercial places are less
than the industries and for this reason secondary
medium voltage GIS is used. Under the
transportation segment, GIS are used in railway
traction system, metro rail, high speed
locomotives, and airports, where both primary and
secondary medium voltage GIS are used depending
upon the voltage level used.
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