Gas-insulated Switchgear Market
By Installation;
Indoor and OutdoorBy Insulation Type;
Sf6 and Sf6-FreeBy Voltage Rating;
Up To 36 KV, Between 36 KV & 72.5 KV, Between 72.5 KV & 220 KV and Above 220 KVBy End User;
Power Transmission Utility, Power Distribution Utility, Power Generation Utility, Railways & Metros, Industries & OEM and CommercialBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Gas-insulated Switchgear Market Overview
Gas-insulated Switchgear Market (USD Million)
Gas-insulated Switchgear Market was valued at USD 24,446.04 million in the year 2024. The size of this market is expected to increase to USD 46,438.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.
Gas-insulated Switchgear Market
*Market size in USD million
CAGR 9.6 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 9.6 % |
Market Size (2024) | USD 24,446.04 Million |
Market Size (2031) | USD 46,438.95 Million |
Market Concentration | Medium |
Report Pages | 326 |
Major Players
- Abb
- Siemens
- Schneider Electric
- General Electric
- Eaton Corporation
- Mitsubishi Electric
- Hitachi
- Yundai Electric & Energy Systems
- Fuji Electric
- Crompton Greaves Power And Industrial Solutions
- Larsen & Toubro
- Nissin Electric
- Meidensha Corporation
- Powell Industries
- Elecktrobudowa Sa
- Iljin Electric
- Hyosung
- Chint
- Toshiba Energy Systems & Solutions Corporation
- Sel S.P.A
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Gas-insulated Switchgear Market
Fragmented - Highly competitive market without dominant players
The Gas-insulated Switchgear (GIS) market is witnessing robust growth driven by the demand for compact and high-efficiency electrical infrastructure. These systems offer better insulation and protection compared to conventional switchgear. With over 45% preference for GIS in high-voltage applications, the market is rapidly replacing air-insulated systems in various sectors.
Technological Integration
The integration of digital monitoring, automation, and IoT-based diagnostics has transformed the GIS landscape. Around 38% of newly deployed systems now come with intelligent features that enable real-time condition monitoring and predictive maintenance, significantly enhancing operational reliability and lifespan.
Growth Drivers
Growing investments in smart grids and renewable energy integration are major contributors to the GIS market expansion. Over 52% of transmission network upgrades now incorporate GIS solutions due to their space-saving advantages and superior environmental safety, particularly in densely populated zones and underground applications.
Future Prospects
The market is expected to see increasing adoption due to the transition toward green technologies and compact substations. Over 40% of upcoming projects are focused on modular and environment-friendly switchgear solutions. The growing preference for eco-efficient SF6 alternatives also plays a vital role in shaping future developments.
Gas-insulated Switchgear Market Recent Developments
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In February 2024, ABB completed the acquisition of SEAM Group, a U.S.-based leader in energized asset management and advisory services, enhancing ABB’s Electrification Services portfolio. This move strengthens its predictive and preventive maintenance, electrical safety, renewables, and asset management offerings across the U.S.
- In July 2024, Mitsubishi Electric secured Japan’s first order for a dry air–insulated, greenhouse‑gas‑free GIS, equipped with in‑house vacuum interrupters and circuit breakers. This breakthrough advances eco‑friendly, SF₆‑free switchgear technology.
Gas-Insulated Switchgear Market Segment Analysis
In this report, the Gas-Insulated Switchgear Market has been segmented by Installation, Insulation Type, Voltage Rating, End User and Geography.
Gas-insulated Switchgear Market, Segmentation by Installation
The Gas-insulated Switchgear Market has been segmented by Installation into Indoor and Outdoor.
Indoor Installation
The indoor gas-insulated switchgear segment accounts for approximately 60-65% of market installations, favored for its space-saving design and enhanced safety in controlled environments. These units are particularly dominant in urban substations and commercial facilities where land availability is limited. The segment shows steady 5-7% annual growth, driven by increasing high-voltage applications in metropolitan areas. Modern indoor GIS solutions feature compact modular designs that reduce footprint by 30-40% compared to conventional setups.
Outdoor Installation
Outdoor gas-insulated switchgear holds 35-40% market share, preferred for utility-scale projects and harsh weather conditions. This segment is growing at 6-8% annually due to expanding renewable energy farms and transmission networks. Outdoor GIS units boast weather-resistant enclosures that maintain performance in temperatures ranging from -40°C to 55°C. Recent innovations include corrosion-resistant coatings that extend equipment life by 20-25% in coastal and industrial environments.
Gas-insulated Switchgear Market, Segmentation by Insulation Type
The Gas-insulated Switchgear Market has been segmented by Insulation Type into Sf6 and Sf6-Free.
SF6 Gas-insulated Switchgear
The SF6-based GIS segment dominates the market, holding 70-75% share due to its superior arc-quenching properties and high dielectric strength. Widely used in high-voltage applications (72.5 kV and above), SF6 insulation ensures compact designs with 40-50% space savings compared to air-insulated alternatives. However, growing environmental concerns over SF6’s high global warming potential (23,500x CO2 equivalent) are prompting stricter regulations, slowing its growth to 3-5% annually.
SF6-Free Gas-insulated Switchgear
The SF6-free segment is the fastest-growing category, expanding at 12-15% annually as utilities adopt eco-friendly alternatives like fluoronitrile mixtures and dry air solutions. Accounting for 25-30% of installations, these systems reduce carbon footprint by 99%+ while maintaining 90-95% of SF6’s performance. Key drivers include EU F-gas regulations and corporate sustainability commitments, with Asia-Pacific emerging as a high-growth market due to green energy investments.
Gas-insulated Switchgear Market, Segmentation by Voltage Rating
The Gas-insulated Switchgear Market has been segmented by Voltage Rating into Up To 36 KV, Between 36 KV And 72.5 KV, Between 72.5 KV And 220 KV and Above 220 Kv.
Up to 36 KV
Accounting for 25-30% of the GIS market, this low-voltage segment serves commercial complexes and industrial facilities, growing at 6-8% annually. These compact systems reduce substation footprints by 50-60% versus air-insulated switchgear, with manufacturers introducing modular designs for urban retrofits. The segment benefits from rising smart city projects and distributed generation integration.
Between 36 KV and 72.5 KV
Holding 35-40% market share, this medium-voltage range dominates utility distribution networks and renewable energy plants. Demand grows at 7-9% yearly driven by grid modernization and offshore wind connections. Advanced GIS units here feature hybrid insulation technologies, cutting maintenance costs by 30-35% over traditional designs.
Between 72.5 KV and 220 KV
This high-voltage segment (20-25% market share) is critical for transmission substations and industrial megaprojects, growing at 5-7% annually. Modern designs integrate digital monitoring systems that improve fault detection by 40%, with SF6-free variants gaining 15-20% penetration as regulations tighten.
Above 220 KV
The ultra-high-voltage niche (10-15% share) enables long-distance transmission and cross-border interconnections, expanding at 8-10% yearly. These systems achieve 70-80% space savings versus conventional setups, with recent 1,100 KV GIS deployments in Asia-Pacific setting new benchmarks for power density and reliability.
Gas-insulated Switchgear Market, Segmentation by End User
The Gas-insulated Switchgear Market has been segmented by End User into Power Transmission Utility, Power Distribution Utility, Power Generation Utility, Railways & Metros, Industries & Oem and Commercial.
Power Transmission Utility
Dominating 30-35% of the GIS market, transmission utilities prioritize ultra-high-voltage (220kV+) systems for long-distance power transfer with minimal losses. This segment grows at 6-8% annually, driven by cross-border grid interconnections and renewable energy evacuation. Advanced GIS solutions here reduce right-of-way space by 70% compared to overhead lines.
Power Distribution Utility
Holding 25-30% market share, distribution utilities deploy 36-72.5kV GIS for urban load centers, growing at 7-9% yearly. Compact modular GIS designs enable underground substations in cities, with SF6-free alternatives gaining 20-25% adoption due to urban emission regulations.
Power Generation Utility
Accounting for 15-20% of demand, generation plants use GIS for generator step-up applications, especially in offshore wind and hydropower projects. The segment grows at 8-10% annually, with corrosion-resistant GIS units preferred for coastal power plants.
Railways & Metros
This niche segment (8-12% share) relies on compact 25-36kV GIS for traction power supply, expanding at 9-11% yearly. Fireproof GIS designs are mandatory for underground metro systems, with modular installations cutting tunnel space requirements by 50%.
Industries & OEM
Capturing 10-15% market share, heavy industries utilize 72.5-145kV GIS for captive power plants in oil refineries and steel mills. Demand grows at 7-9% annually, with explosion-proof variants essential for hazardous environments.
Commercial Sector
The smallest segment (5-8%) employs ≤36kV GIS in high-rise buildings and data centers, growing at 10-12% yearly. Maintenance-free GIS solutions are gaining traction, reducing lifecycle costs by 30-40% for property owners.
Gas-insulated Switchgear Market, Segmentation by Geography
In this report, the Gas-insulated Switchgear Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Gas-insulated Switchgear Market Share (%), by Geographical Region
North America
Holding 18-22% of the GIS market, North America focuses on grid modernization and aging infrastructure replacement, growing at 5-7% annually. The U.S. leads with SF6-free switchgear adoption (30-35% of new installations) due to EPA regulations. Key applications include urban substation retrofits and offshore wind connections, with modular GIS designs reducing deployment time by 40%.
Europe
Europe accounts for 25-28% of market share, driven by EU F-gas phase-down mandates accelerating fluoroketone-based GIS adoption (45-50% of 2024 sales). Germany and France lead in renewable integration projects, with 72.5-145kV GIS demand growing at 8-10% yearly. The region pioneers digital twin-enabled GIS for predictive maintenance, cutting downtime by 35%.
Asia Pacific
The dominant 40-45% market leader, APAC grows at 9-12% annually fueled by China’s UHV projects (1,100kV GIS) and India’s smart city mission. Japan leads in earthquake-resistant designs, while Southeast Asia sees 20-25% yearly growth in 145kV GIS for industrial parks. The region consumes 60% of global SF6 gas but faces tightening eco-regulation pressures.
Middle East & Africa
With 8-10% market share, MEA shows 7-9% growth led by GCC’s gas-insulated substations for desert conditions and Africa’s mining sector demand. UAE’s indoor GIS deployments (55-60% of regional sales) feature sand-proof enclosures, while South Africa adopts hybrid air/SF6 systems to balance cost and reliability.
Latin America
Capturing 5-7% of the market, LATAM grows at 6-8% yearly with Brazil’s hydropower GIS upgrades and Mexico’s manufacturing hub expansions. 72.5kV compact GIS dominates 60% of regional sales, while Andean countries prioritize altitude-rated designs (up to 4,000m). Chile leads in solar farm switchgear with 30% annual growth.
Gas-insulated Switchgear Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Gas-insulated Switchgear Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
---|---|---|---|---|---|
Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing Demand for Electricity
- Focus on Renewable Energy Integration
- Urbanization and Industrialization
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Stringent Environmental Regulations - Stringent environmental regulations are a major driver of the gas-insulated switchgear (GIS) market, as utilities and industries are under pressure to adopt space-efficient, low-emission electrical equipment that complies with environmental standards. GIS offers advantages such as compact footprint, sealed construction, and high reliability, making it ideal for urban and confined installations where minimizing environmental impact is critical. Its enclosed design reduces the risk of leaks and external contamination, aligning with global goals for cleaner and safer power infrastructure.
In particular, regulations targeting SF₆ gas emissions, which is a potent greenhouse gas used in traditional switchgear, are pushing manufacturers to develop eco-efficient GIS alternatives with reduced or alternative insulating mediums. Governments and environmental agencies are encouraging the transition to technologies that support both grid modernization and sustainability mandates. As energy infrastructure investments increasingly require compliance with carbon reduction policies, the demand for advanced gas-insulated switchgear is expected to grow steadily across power generation, transmission, and distribution sectors.
Restraints:
- High Initial Investment
- Complex Maintenance Requirements
- Concerns Regarding SF6 Gas
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Competition from Alternative Technologies - Competition from alternative technologies poses a significant restraint in the gas-insulated switchgear (GIS) market, as advancements in air-insulated switchgear (AIS), vacuum switchgear, and hybrid systems offer cost-effective and environmentally friendly alternatives. These technologies often involve lower installation and maintenance costs, particularly in rural or less space-constrained areas where GIS’s compact footprint is less critical. As a result, budget-conscious utilities and industrial operators may prefer AIS over GIS in applications where spatial efficiency is not a top priority.
Moreover, growing concerns over SF₆ gas emissions, despite GIS's superior reliability, are prompting users to explore eco-friendly alternatives. The development of AIS with advanced arc quenching capabilities and digital monitoring systems is narrowing the performance gap between the two solutions. As competition intensifies, GIS providers must innovate to address cost sensitivity and environmental concerns while emphasizing long-term value, particularly in emerging markets where upfront investment remains a critical decision factor.
Opportunities:
- Smart Grid Integration
- Expansion of Transmission Infrastructure
- Technological Advancements
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Focus on Energy Efficiency - The growing focus on energy efficiency is creating significant opportunities in the gas-insulated switchgear (GIS) market, as utilities and industries aim to optimize power distribution while minimizing energy losses. GIS is known for its high operational reliability, compact design, and minimal maintenance requirements, all of which contribute to efficient grid performance. By reducing transmission losses and improving the reliability of power delivery, GIS plays a critical role in supporting energy-efficient infrastructure development, particularly in urban and space-constrained environments.
Governments and private sectors are investing heavily in smart grids, renewable integration, and energy-efficient substations, driving the demand for advanced switchgear solutions. GIS systems, equipped with intelligent monitoring and automation capabilities, enable better load management and real-time fault detection, further enhancing energy optimization. As the push for sustainability and efficient energy use accelerates, GIS manufacturers offering solutions that align with these goals will be well-positioned to capitalize on the market’s evolving demands.
Gas-insulated Switchgear Market Competitive Landscape Analysis
Key players in Gas-insulated Switchgear Market include:
- Abb
- Siemens
- Schneider Electric
- General Electric
- Eaton Corporation
- Mitsubishi Electric
- Hitachi
- Yundai Electric & Energy Systems
- Fuji Electric
- Crompton Greaves Power And Industrial Solutions
- Larsen & Toubro
- Nissin Electric
- Meidensha Corporation
- Powell Industries
- Elecktrobudowa Sa
- Iljin Electric
- Hyosung
- Chint
- Toshiba Energy Systems & Solutions Corporation
- Sel S.P.A
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Installation
- Market Snapshot, By Insulation Type
- Market Snapshot, By Voltage Rating
- Market Snapshot, By End User
- Market Snapshot, By Region
- Gas-insulated Switchgear Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Electricity
- Focus on Renewable Energy Integration
- Urbanization and Industrialization
- Stringent Environmental Regulations
- Restraints
- High Initial Investment
- Complex Maintenance Requirements
- Concerns Regarding SF6 Gas
- Competition from Alternative Technologies
- Opportunities
- Smart Grid Integration
- Expansion of Transmission Infrastructure
- Technological Advancements
- Focus on Energy Efficiency
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Gas-insulated Switchgear Market, By Installation, 2021 - 2031 (USD Million)
- Indoor
- Outdoor
- Gas-insulated Switchgear Market, By Insulation Type, 2021 - 2031 (USD Million)
- Sf6
- Sf6-Free
- Gas-insulated Switchgear Market, By Voltage Rating, 2021 - 2031 (USD Million)
- Up To 36 KV
- Between 36 KV & 72.5 KV
- Between 72.5 KV & 220 KV
- Above 220 Kv
- Gas-insulated Switchgear Market, By End User, 2021 - 2031 (USD Million)
- Power Transmission Utility
- Power Distribution Utility
- Power Generation Utility
- Railways & Metros
- Industries & Oem
- Commercial
- Gas-insulated Switchgear Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Gas-insulated Switchgear Market, By Installation, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abb
- Siemens
- Schneider Electric
- General Electric
- Eaton Corporation
- Mitsubishi Electric
- Hitachi
- Yundai Electric & Energy Systems
- Fuji Electric
- Crompton Greaves Power And Industrial Solutions
- Larsen & Toubro
- Nissin Electric
- Meidensha Corporation
- Powell Industries
- Elecktrobudowa Sa
- Iljin Electric
- Hyosung
- Chint
- Toshiba Energy Systems & Solutions Corporation
- Sel S.P.A
- Company Profiles
- Analyst Views
- Future Outlook of the Market