Gas Insulated Switchgear Market Size Worth $ 44,896.0 Million By 2032 | CAGR: 6.7%

Gas Insulated Switchgear Market Size Worth $ 44,896.0 Million By 2032 | CAGR: 6.7%

The global gas insulated switchgear market size is expected to reach USD 44,896.0 million by 2032, according to a new study by Polaris Market Research. The report Gas Insulated Switchgear Market Share, Size, Trends, Industry Analysis Report, By Installations (Indoor, Outdoor); By Configurations; By End-Use; By Insulation; By Voltage Ratings; By Region, And Segment Forecasts, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Gas Insulated Switchgear (GIS) is a high-voltage substation equipment used in electrical power systems. It is designed to control, protect, and isolate electrical equipment in a sealed environment using insulating gas, typically sulfur hexafluoride (SF6). GIS consists of several interconnected components such as circuit breakers, disconnectors, current transformers, voltage transformers, and busbars, all housed in metal-enclosed modules filled with SF6 gas.

The primary purpose of GIS is to efficiently transmit and distribute electrical power at high voltage levels while ensuring the safety and reliability of the power grid. It offers numerous advantages over traditional air-insulated switchgear (AIS). GIS systems are highly compact, requiring significantly less space than AIS, making them suitable for installation in urban areas and locations with limited space availability. The sealed enclosure of GIS prevents contact between electrical components and the external environment, minimizing the risk of electrical faults, accidents, and fire hazards.

The increasing energy demand across industrial, commercial, and residential sectors, coupled with the expansion of energy infrastructure, is anticipated to drive the growing demand for gas-insulated switchgear (GIS). The need to meet the rising energy requirements of various sectors necessitates the efficient transmission and distribution of electricity, which can be achieved by deploying GIS. As a result, GIS is expected to play a crucial role in facilitating the reliable and effective delivery of power and supporting the growth and development of energy systems worldwide.

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The market growth is propelled by rapid urbanization and the increasing adoption of Internet of Things (IoT) devices for home and smart building automation, which consume significant amounts of energy. The need to monitor and optimize energy usage for automation drives the demand for energy management solutions and contributes to market expansion. Additionally, the market is bolstered by the growing emphasis on optimizing energy consumption by adopting renewable energy resources. Installing solar panels and other renewable energy systems further supports the market's growth by enabling more sustainable and efficient energy utilization.

The COVID-19 pandemic adversely affected market growth due to raw material shortages, delayed production of gas-insulated components, and disrupted supply chains. Furthermore, global lockdown measures halted numerous industrial and commercial projects, further impeding market growth.

Its cost-effectiveness and high reliability drive the adoption of GIS by various end-use industries. However, the market growth is hindered by the high equipment costs associated with GIS and the environmental impact of Sulphur hexafluoride emissions. Government regulations imposing stringent environmental and safety standards act as a restraint on the market's expansion.

Gas Insulated Switchgear Market Report Highlights

  • In 2022, the outdoor segment held the highest market share due to the increased demand and adoption of outdoor GIS solutions and are preferred in situations with ample space available for installation, such as substations and switchyards.
  • In 2022, the hybrid configuration expected to witness the fastest growth in the gas-insulated switchgear (GIS) market. The compact size of hybrid switchgear makes it suitable for installations in areas with limited space availability. It allows for efficient space utilization, making hybrid switchgear an attractive option for various applications.
  • Asia Pacific is expected to dominate gas-insulated switchgear (GIS) market growth over the forecast period. The countries of APAC are experiencing rapid urbanization, industrialization, and infrastructural development, due to an increased demand for reliable and efficient power transmission and distribution systems.
  • North America is witnessing significant growth in renewable energy generation, including wind, solar, and hydroelectric power. GIS technology enables efficient integration and management of renewable energy sources into the grid, facilitating the transition to a clean energy future. As the renewable energy sector expands, the demand for GIS systems in North America is expected to grow.

Polaris Market Research has segmented gas insulated switchgear market report based on installations, configurations, end-use, insulation, voltage ratings, and region:

Gas Insulated Switchgear, Installations Outlook (Revenue - USD Million, 2019-2032)

  • Indoor
  • Outdoor

Gas Insulated Switchgear, Configurations Outlook (Revenue - USD Million, 2019-2032)

  • Hybrid
  • Isolated Phase
  • Integrated Three Phases
  • Compact GIS

Gas Insulated Switchgear, End-Use Outlook (Revenue - USD Million, 2019-2032)

  • Power Transmission Utilities
  • Power Distribution Utilities
  • Power Generation Utilities
  • Railways & Metros
  • Industries & OEM
  • Commercial

Gas Insulated Switchgear, Insulation Outlook (Revenue - USD Million, 2019-2032)

  • SF6
  • SF6 Free

Gas Insulated Switchgear, Voltage Ratings Outlook (Revenue - USD Million, 2019-2032)

  • SF6 By Voltage
    • Up to 72.5kV
    • 72.5kV - 145kV
    • 145kV - 170kV
    • 170kV - 245kV
    • 245kV - 300kV
    • 300kV - 420kV
    • 420kV - 550kV
    • 550kV - 800kV
    • 800kV - 1100kV
    • Above 1100kV
  • SF6 Free By Voltage
    • Up to 17.5 kV
    • 17.5kV - 24kV

Gas Insulated Switchgear, Regional Outlook (Revenue - USD Million, 2019-2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Norway
  • Finland
  • Sweden
  • Iceland
  • Ukraine
  • Greece
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Austria
  • Singapore
  • Thailand
  • Vietnam
  • New Zealand
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Columbia
  • Peru
  • Paraguay
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Kuwait
  • Qatar
  • Turkey
  • Egypt

Gas Insulated Switchgear Market Report Scope

Report Attributes


Market size value in 2023

USD 24,940.07 million

Revenue forecast in 2032

USD 44,896.0 million


6.7% from 2023 - 2032

Base year


Historical data

2019 - 2021

Forecast period

2023 - 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2023 to 2032

Segments covered

By Installations, By Configurations, By End-Use, By Insulation, By Voltage Ratings, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

ABB, CG Power, Fuji Electric, Eaton Corporation, General Electric Company, Hyosung, Hitachi, Hyundai Electric & Energy Systems Co., Ltd., Alstom, Larsen & Turbo, Bharat Heavy Electricals Limited, Meidensha, Nisin Electric, Ormazabal, Mitsubishi Electric, Powell Industries, Siemens, Schneider Electric, Toshiba Energy Systems & Solutions Corporation

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