12 September 2019
Visiongain has launched a new energy report Gas Insulated Substation (GIS) Market Forecast 2019-2029: Forecasts by Installation Type (Indoor, Outdoor), End-User (Utility, Non-Utility), by Voltage (Medium (<72.5KV), High (>72.5KV)) Plus Profiles of Leading Companies and Regional and Leading National Market Analysis.
The concept of the gas insulated substation was introduced in 1920 when oil was used as the insulating medium in the system. The use of oil was replaced by the compressed air, and different gases are owing to increased research and development in the industry.
A substation is considered as one of the vital elements of power system infrastructure. It is developed to transform high electrical voltage to low or vice versa. It comprises of the assembly of numerous power transmission and distribution systems.
In the past few years, demand for gas insulated substation has gained wide momentum across several countries. Increasing energy demand in several developing countries is augmenting the demand for gas insulated substation (GIS). These substations, on account of its consistent effective performance, prove to be the most beneficial technology for power distribution in harsh, remote areas. They are also highly reliable, more efficient and low maintenance power systems. Rising urban population across several countries is accelerating the demand for the low maintenance small and power systems. Lack of sufficient land infrastructure for the development of conventional substation in these areas is influencing the demand for the GIS technology at a substantial rate.
The Visiongain report analyst commented "Gas Insulated Substation market is expected to witness moderate growth on account of ongoing government plans toward expansion of transmission and distribution networks. Increasing measures by the government to facilitate efficient and reliable electrification benefits and decentralised electricity supply will boost the demand for gas insulated substations globally. Rising urban population will further embellish the demand for GIS installation. In addition, governments aim to provide reliable and continuous electricity supplies will positively impact the product penetration over the coming years."
Leading companies featured in the report who are involved in Gas Insulated Substation (GIS) include; ABB, Arteche, Fuji Electric, General Electric, Hitachi Ltd, Mitsubishi Heavy Industries, Nissin Electric, Siemens AG, Toshiba and Hyundai Heavy Industries
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Over the next 20 years, LNG supply is expected to more than treble, resulting in a surge in demand — mainly in the Far East. Because of the booming power business, rapid industrialization, and expanding urbanisation, governments are investing in floating LNG power boats.
18 June 2021
The last few months have seen a shift in rules and regulation surrounding commercial market. It is important to stay abreast to the market activities to get an edge over competitors in the global hydrogen purification technologies market.
15 June 2021
The pursuit of energy efficiency and the reduction of CO2 and NOx emissions has led to a greater use of advanced manufacturing processes in a variety of end-user industries, resulting in improved efficiency and less waste. A rise in demand for some types of valves is one of the consequences of this trend.
10 June 2021
The rising demand for electric vehicles is expected to consumes tons of lithium. Electric vehicles, which represented 2.6% of worldwide vehicle deals and about 1% of worldwide vehicle stock in 2019, enrolled a 40% year-on-year increment.