Gas Insulated Metal Enclosed Switchgear Research:CAGR of 9.9% during the forecast period QY Research

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Gas Insulated Metal Enclosed Switchgear Research:CAGR of 9.9% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Gas Insulated Metal Enclosed Switchgear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Gas Insulated Metal Enclosed Switchgear was estimated to be worth US$ 6782 million in 2024 and is forecast to a readjusted size of US$ 13248 million by 2031 with a CAGR of 9.9% during the forecast period 2025-2031.

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https://www.qyresearch.com/reports/4848550/gas-insulated-metal-enclosed-switchgear

Gas Insulated Metal Enclosed Switchgear Market Summary

Gas Insulated Metal Enclosed Switchgear (GIS) is a compact, reliable, and high-performance electrical switchgear system where the major components such as circuit breakers, busbars, and disconnectors are enclosed within a sealed metal container filled with insulating gas, typically sulfur hexafluoride (SF₆). This configuration offers excellent insulation and arc-quenching capabilities, enabling reduced space requirements and enhanced safety compared to traditional air-insulated systems. GIS is widely used in urban substations, industrial facilities, underground power distribution, and areas with space constraints or harsh environmental conditions due to its minimal maintenance needs, high reliability, and resistance to environmental factors.

According to the new market research report “Global Gas Insulated Metal Enclosed Switchgear Market Report 2025”, published by QYResearch, the global Gas Insulated Metal Enclosed Switchgear market size is projected to reach USD 13.25 billion by 2031, at a CAGR of 9.9% during the forecast period.

The market for Gas Insulated Metal Enclosed Switchgear is driven by the growing demand for compact and reliable power distribution solutions in urban areas, the rapid expansion of renewable energy projects, and the need for grid modernization to improve efficiency and stability. Increasing investments in smart grids, along with stringent environmental and safety regulations, further accelerate adoption, as GIS systems offer superior insulation, reduced footprint, and enhanced operational safety. Additionally, rising electricity demand in developing countries and the replacement of aging infrastructure in developed regions contribute to sustained market growth.

Figure00001. Global Gas Insulated Metal Enclosed Switchgear Market Size (US$ Million), 2020-2031

Gas Insulated Metal Enclosed Switchgear

Above data is based on report from QYResearch: Global Gas Insulated Metal Enclosed Switchgear Market Report 2025.

Figure00002. Global Gas Insulated Metal Enclosed Switchgear Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Gas Insulated Metal Enclosed Switchgear

Above data is based on report from QYResearch: Global Gas Insulated Metal Enclosed Switchgear Market Report 2025.

Global key manufacturers of Gas Insulated Metal Enclosed Switchgear include Hitachi Energy, Sieyuan Electric, Siemen, Shandong Taikai, Henan Pinggao Electric, China XD, GE, Hyosung Heavy Industries Corporation, NHVS, TBEA, etc. In 2024, the global top 10 players had a share approximately 67.0% in terms of revenue.

Figure00003. Gas Insulated Metal Enclosed Switchgear, Global Market Share, Split by Product: 2024 VS 2031

Gas Insulated Metal Enclosed Switchgear

Above data is based on report from QYResearch: Global Gas Insulated Metal Enclosed Switchgear Market Report 2025.

Based on the voltage type, Gas Insulated Metal Enclosed Switchgear are divided into 110kV, 220kV, 330kV/420kV, 550kV, etc. In 2024, 110kV is the largest segment, hold a share of 29.8% in terms of value.

Enclosed Switchgear Market Report 2025.

Gas Insulated Metal Enclosed Switchgear are widely used in Urban Power Grid (excluding UHV), New Energy Power Generation, Hydropower, Thermal Power, UHV Transmission, Industrial, etc. In 2024, Urban Power Grid (excluding UHV) is the largest segment, hold a share of 39.0% in terms of value.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Gas Insulated Metal Enclosed Switchgear market is segmented as below:
By Company
Hitachi Energy
Sieyuan Electric
Siemen
Shandong Taikai
Henan Pinggao Electric
China XD
GE
Hyosung Heavy Industries Corporation
NHVS
TBEA
Chint Group Co., Ltd.
HD Hyundai Electric
Baiyun Electric
Changgao Electric Group
XJ Electric
TGOOD
Taian Taishan High-voltage Switchgear
SDEE Hitachi High-Voltage Switchgear
Huatech

Segment by Type
110kV
220kV
330kV/420kV
550kV
800kV
1100kV
Others

Segment by Application
Urban Power Grid (excluding UHV)
New Energy Power Generation
Hydropower
Thermal Power
UHV Transmission
Industrial
Other

Each chapter of the report provides detailed information for readers to further understand the Gas Insulated Metal Enclosed Switchgear market:

Chapter 1: Introduces the report scope of the Gas Insulated Metal Enclosed Switchgear report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Gas Insulated Metal Enclosed Switchgear manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Gas Insulated Metal Enclosed Switchgear market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Gas Insulated Metal Enclosed Switchgear in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Gas Insulated Metal Enclosed Switchgear in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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