The proliferation of technology across major end-use sectors across the globe has a major role to play in the growth of Gas Insulated Switchgear Market. Major firms have undertaken the tactics of technological innovations to steer the growth path of this industry toward a positive axis. For instance, in August 2015, ABB, a Swiss-Swedish multinational firm functioning in the areas of power, robotics, and automation, had developed the world’s first environment friendly gas mixture to be used across high & medium voltage GIS bays, which was expected to replace the toxic & hazardous SF₆ gas.
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The global warming potential of the new eco-friendly gas is lesser than that of SF₆, which will substantially reduce the greenhouse emissions of gas insulated switchgears by 50%. The initiative will also minimize the costs incurred due to phasing out old substations through their disengagement, which will lead to their upgradation and eventually provide a positive impetus to gas insulated switchgear market.
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Gas Insulated Switchgear Industry Insights
Chapter 4. Gas Insulated Switchgear Market, By Capacity
Chapter 5. Gas Insulated Switchgear Market, By Voltage Level
Chapter 6. Gas Insulated Switchgear Market, By Application
Chapter 7. Gas Insulated Switchgear Market, By Region
Chapter 8. Company Profiles
The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
- Definition and scope of research
- Market dynamics, growth drivers and industry pitfalls
- Regulatory and political guidelines for the industry
- Demographics and statistical data
All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.
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Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
- Leadership figures such as CEOs, CSOs, VPs etc. in key companies
- Supply-chain participants, distributors and domain experts
- Key customers and B2B clients
What Information does this report contain?
Historical data coverage: 2013 to 2016;
- Growth Projections: 2017 to 2024.
- Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
- 6-7-year performance forecasts: major segments covering applications, top products and geographies. Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.