Title: PPT for Gas Insulated Substation Market
1Gas 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
2Global Market Scenario of Gas Insulated
Substation
- 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.
3- 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.
4- 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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