Gas Insulated Substation Market to Surpass US$ 41,059.8 Million By 2025 – Demand for Mobile Gas Insulated Substations Increasing Across the Globe

The Insight Partners Published, “Gas Insulated Substation Market 2025 – Global Analysis and Forecasts by Voltage Types (High Voltage & Ultra High Voltage) and Application (Power Transmission and Distribution & Manufacturing and Processing)” to its research database.

April 17, 2018 /MarketersMedia/ —

Gas insulated substation market is expectant to reach US$ 41,059.8 million by 2025 as compared to US$ 15,416.1 million in 2016, escalating at a CAGR of 19.4% during the forecast period from 2017 to 2025. The market for gas insulated substation is influenced by various factors such as easy installation and operation of the mechanism and low maintenance of the system, long life span of the systems and increased reliability of the system over air insulated substations. However, the high price of gas insulated substations as compared to air insulated substations are hindering the market growth.

Request Sample Copy is Available at http://www.theinsightpartners.com/sample/TIPTE100000459

The market for gas insulated substations have the potential to grow exponentially owing to different research and developments to enhance the recorders. The demand for mobile gas insulated substations are increasing across the globe in order to generate maximum power in areas with confined lands. The major advantage of gas insulated substations is the compact size of the system over air insulated substations. Owing to this factor, the mining sector, construction industry, oil & gas industry, as well as marine ports are increasingly adopting the mobile gas insulated substations. The primary advantage of mobile gas insulated substations is it can be easily moved to one place to another and can be reconfigured according to the project that changes over a period.

Another benefit of mobile gas insulated substations is that the systems are integrated with high end shock absorbers which allow the vehicle to move through rough terrains. Moreover, these mobile gas insulated substations are capable of operating at harsh temperatures with disruptions and are corrosion resistant. The electromagnetic compatibility integrated in the mobile gas insulated substations complete protection of operating personnel and surrounding environment as well as reduces the overall noise to absolute minimum. These benefits are anticipated to be the driving factors for the gas insulated substations in the coming years.

The gas insulated substations market is bifurcated on basis of application as power transmission and distribution and manufacturing and processing. The major advantage of installing GIS to transmit and distribute power is the compact design of gas insulated substations, which enables the substation to be installed in a confined space. The GIS are compact in design but are capable of transmitting and distributing heavy loads than the power of an air insulated substation. The market for gas insulated substation is poised to grow during the forecast period from 2017 to 2025, owing to the upgradation of existing or traditional power transmission and distribution centers in few developed countries to gas insulated substations, which provide more power over a longer distance.

Complete Report is Available at http://www.theinsightpartners.com/reports/gas-insulated-substation-market

On the other hand, Manufacturing units and processing centers of various industries integrate their work stations with gas insulated substation in order to maintain the adequate power supply in their work stations. The manufacturing and processing centers are investing substantial amounts in order to procure technologically advanced gas insulated substations to enhance their power supply in their work stations. These factors are bolstering the market for gas insulated substations during the forecast period and is foreseen to drive the growth of the market in future.

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the gas insulated substation industry.

Inquire before Buying at http://www.theinsightpartners.com/inquiry/TIPTE100000459

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

Contact Info:
Name: Sameer Joshi
Email: sales@theinsightpartners.com
Organization: The Insight Partners
Phone: +1-646-491-9876

Source URL: https://marketersmedia.com/gas-insulated-substation-market-to-surpass-us-41059-8-million-by-2025-demand-for-mobile-gas-insulated-substations-increasing-across-the-globe/332169

For more information, please visit http://www.theinsightpartners.com/reports/gas-insulated-substation-market

Source: MarketersMedia

Release ID: 332169

Latest News

Indonesia's Aceh canes couples for public shows of affection

Apr 23, 2018

BANDA ACEH, Indonesia — Indonesia's deeply conservative Aceh province on Friday caned several unmarried couples for showing affection in public and two women for prostitution before an enthusiastic audience of hundreds. The canings were possibly the last to be done before large crowds in Aceh after the province's governor announced earlier this month that the punishments would be moved indoors. The caning last year of two men for gay sex before a baying mob drew international attention to Aceh's increasingly harsh implementation of Shariah law and a wave of condemnation. The women accused of prostitution were caned 11 times each....

2,000 Kachin trapped by Myanmar fighting lack food, medicine

Apr 23, 2018

BANGKOK — Community leaders from the Christian ethnic Kachin community have called for urgent medical attention for about 2,000 civilians, including pregnant women and the elderly, trapped in the jungle where they fled to escape clashes between the Myanmar's army and the Kachin guerrillas in the country's north. The latest fighting in Kachin state's Tanai region — an area known for amber and gold mining — began in early April with government shelling and airstrikes in response to threats by the rebel Kachin Independence Army to retake lost territory. The Rev. Mung Dan, a Baptist community leader, said Wednesday the...

Vietnam and Indonesia vow to settle fishing violations

Apr 23, 2018

HANOI, Vietnam — Vietnam and Indonesia have pledged to work together to resolve fishing violations in the South China Sea as the two countries seek to boost their bilateral trade. Indonesian Foreign Minister Retno Marsudi, speaking to reporters Tuesday at a joint briefing with his Vietnamese counterpart, said the two countries would strengthen their partnership, cooperating particularly on fishing and other maritime issues. "In maritime and fishing cooperation, we agreed on how to conclude the ongoing issues in this regard," she said via a translator. "We have also agreed to try together to complete the demarcation of the exclusive economic...

Malaysia declares May 9 election day a holiday after outcry

Apr 23, 2018

KUALA LUMPUR, Malaysia — The Malaysian prime minister on Wednesday declared voting day on May 9 a public holiday after a decision to hold elections on a workday triggered complaints that it would deter mainly opposition supporters. The surprise move is seen as a bid to ease public anger a day after the Election Commission announced that voting will be held on a Wednesday, departing from the norm of having it on a weekend. The weekday vote triggered a flurry of complains that it would deter thousands of Malaysians from returning to their hometown to vote. Some companies responded by...

Indonesia alcohol deaths exceed 100 as police vow crackdown

Apr 23, 2018

JAKARTA, Indonesia — Deaths from drinking toxic bootleg alcohol in Indonesia have surpassed 100 this month, police said Wednesday as they vowed a "scorched earth" crackdown on the makers and distributors of black-market liquor. Deputy National Police Chief Muhammad Syafruddin said deaths have been concentrated in populous West Java and Jakarta, the capital, but there were also cases in South Kalimantan and other regions that brought fatalities to more than 100. Indonesian TV has broadcast images of distraught relatives in several cities and lines of gurneys bearing dead bodies in hospital hallways as the death toll relentlessly climbed since late...

Search

Sign up now!

About Us

Suara KL brings amazing Travel news for tourist to witness Beautiful Malaysia and hear the wonderful sounds of this country.

Contact us: sales[at]suarakl.com