The drive to look for environmental friendly options has led to many product innovations. Transformers are considered to be significant sources of pollution emissions, and therefore, a more environmental friendly option in the transformers. In a gas insulated transformer, a gas such as Sulphur Hexafluoride (SF6) that can be recycled easily is used as the insulating as well as a cooling agent. The use of such as gas eliminates oil leakages, and are also non-flammable. Further, the Gas Insulated Transformers can be easily integrated with gas insulated switchgears to form a single enclosed unit.
MARKET DYNAMICS
The minimization of risks associated with oil leakages in gas insulated transformers coupled with the need to minimize the spaces utilized by the transformers would drive the gas insulated transformers market at a steady pace during the forecast period. Higher costs and maintenance associated with gas insulated transformers would hinder the growth of gas insulated transformer (GIS) market. The recent adoptions of HDVC technology is further anticipated to generate significant opportunities for the players operating in the gas insulated transformers market.
MARKET SCOPE
The "Global Gas Insulated Transformer Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gas insulated transformer market with detailed market segmentation by voltage, installation, end-user, and geography. The global gas insulated transformer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gas insulated transformer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global gas insulated transformer market is segmented on the basis of voltage, installation, and end-user. On the basis of voltage, the gas insulated transformer market is segmented into Medium Voltage (Up to 72.5 kV), High Voltage (72.5 kV to 220 kV), and Very High Voltage (Above 220 kV). The gas insulated transformer market on the basis of the installation is classified into indoor and outdoor. Based on end-user, the gas insulated transformer market is segmented into Energy and Utility, Industrial, and Commercial.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gas insulated transformer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gas insulated transformer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the gas insulated transformer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gas insulated transformer in these regions.
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MARKET PLAYERSThe reports cover key developments in the gas insulated transformer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from gas insulated transformer market are anticipated to lucrative growth opportunities in the future with the rising demand for Gas insulated transformer in the global market. Below mentioned is the list of few companies engaged in the Gas insulated transformer market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gas insulated transformer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-ABB Ltd.
-Arteche
-Fuji Electric
-General Electric
-Hyosung Corporation
-Mitsubishi Electric Corporation
-Schneider Electric SE
-Siemens AG
-Toshiba Corporation
-XD Group
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