The global gas insulated switchgear market is expected to show impressive growth in the future due to increasing urbanization and growing space constraints in the metropolitan cities of the world.

The world's rising electricity demand is also expected to lead to investment in the expansion of transmission and distribution networks. The global focus on increasing the reliability of transmission and distribution networks is expected to support the growth of the global gas insulated switchgear market. In the future, gas insulated switchgear manufacturing companies are expected to bring smaller and more efficient switchgear into the market. Also, due to growing environmental concerns about sulfur hexafluoride (SF6) gas, companies are increasingly expected to introduce models which will extensively curb the leakage of SF6 into the atmosphere.

US gas insulated switchgear market expected to show impressive growth in future
Increased urbanization in many cities of the US is expected to drive the growth of the gas insulated switchgear market. The government focus on increasing the share of renewable energy is expected to result in investment in  transmission and distribution networks. The upgrading of old transmission and distribution networks is expected to lead to a greater amount of gas insulated switchgear (GIS) in the future. The IEEE standard is also expected to increase the confidence of electric utilities in the US in using GIS in wider forms of application. The US gas insulated switchgear market is expected to grow at a CAGR of 7.4% over the period 2010-2020, reaching $341.4m in 2020 from $167.9m in 2010.

GlobalData's report, "Gas Insulated Switchgear for Power Industry - Global Market Size, Equipment Market Share and Competitive Landscape Analysis to 2020", gives detailed information on the global gas insulated switchgear market, focusing both on medium and high voltage gas insulated switchgear. Drivers, restraints, challenges and revenue forecast for the global and regional (North America, Asia Pacific and Europe) gas insulated switchgear market are discussed. The report also covers top manufacturers and gives comparative analysis on the basis of product, global presence, mergers and acquisitions and so on. The report provides oppurtuinity analysis for the gas insulated switchgear market. Revenue breakdown and pricing analysis are provided for both medium and high voltage switchgear on a country level. Market shares for top players are also provided by country.

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