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Global Gas Insulated Switchgear Market Report 2023: Featuring ABB, General Electric, Siemens, Schneider & MoreDUBLIN, March 1, 2023 /PRNewswire/ -- The "Global Gas Insulated Switchgear Market Size and Share Analysis by Installation, Insulation Type, Voltage Rating, Configuration, End-user - Industry Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Furthermore, high-quality maintenance and preservation are required for AIS components. Instead, GIS has parts requiring less maintenance and upkeep. The incorporation of AIS and GIS nearly removes the necessity for maintenance of hybrid switchgear. The power utility category dominated the industry and also will have the fastest growth in the years to come. The network of transmission has grown globally because of the increasing power requirements brought on by growing urbanization and population. The transmission network will develop because of the increasing population, escalating the count of substations. This increase in substations will increase the requirement for gas-insulated switchgear. APAC dominated the industry with around 40%, in the recent past because of the growing demand for electricity and increasing urbanization. Furthermore, 2.2 billion people, or 54% of the global metropolitan population, reside in APAC. Also, the region's urban population will increase by 50% by 2050, or by a further 1.2 billion people. North America followed APAC in the past because of the increasing requirement for electricity and surging renewable energy. In the U.S., numerous sources of energy and technologies are put to use for generating electricity. Over time, technology and sources have changed, and some are now used more often than others. It is because of the increasing demand for electricity all over the globe, the requirement for gas insulated switchgear will continue to grow considerably in the years to come. Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/7vgrsi-gas?w=5 About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/global-gas-insulated-switchgear-market-report-2023-featuring-abb-general-electric-siemens-schneider--more-301759742.html SOURCE Research and Markets |