Global Gas Insulated Transformer Market Size study & Forecast, by Voltage ( Low Voltage, Medium Voltage, and High Voltage ) by Installation, by End User, and Regional Analysis, 2022-2029

Description

List of Tables

Global Gas Insulated Transformer Market is valued approximately USD 3.18 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2022-2029. Gas insulated transformers are electrical appliances that alter voltage based on the task at hand. The transformer's current design calls for the use of SF6 gas as insulation. An environmentally beneficial replacement for classic or typical oil insulated transformers is a Gas Insulated Transformer (GIT). When non-flammable, non-polluting transformers are needed, gas insulated transformers are employed. The Gas Insulated Transformer market is expanding because of factors such as rising demand electricity across the globe, rising electrical network expenditure and Increasing Investments in the transmission and distribution Sector.

The Madrid plan project was created by Spanish utility Iberdrola in coordination with the local government and the city of Madrid. The Villaverde substation is a part of this project. The proposal calls for an underground cable network to take the place of extra-high-voltage and high-voltage transmission lines that span Madrid. 16 air-insulated substations could be demolished, and 18 new indoor substations could be constructed. Further, for the development of the Assam Intra-State Transmission System Enhancement project, which aims to increase the reliability, capacity, and security of the power transmission network in the northeastern state of Assam, the Indian government signed a loan agreement with the Asian Development Bank (ADB) for USD 304 million. This came after ADB's USD 190 million loan for Bengaluru's electricity distribution system's upgrade and modernization in December 2020 and a USD 132.8 million loan for Meghalaya's power distribution network's improvement in the northeastern state. Thus, rising investment in electricity projects is driving the growth of market. In addition, increasing transformer oil theft and adoption of Hvdc Technology is creating a lucrative growth to the market. However, environmental regulations regarding the use of sf6 and high cost of equipment stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Gas Insulated Transformer Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the dominating region in the market owing to factor as over the past few years, there has been a significant increase in the demand for power due to the region's fast development and urbanization. As a result, throughout the same time-period, investments in transmission and distribution (T&D) infrastructure have increased dramatically. Gas-insulated transformers are also gaining popularity as long-distance T&D projects strive to be more environmentally friendly by minimizing their negative environmental effects and enhancing safety by building underground networks and smaller substations.

Major market players included in this report are:

Nissin Electric Co., Ltd

Arteche Group

Hyosung Heavy Industries Corp.

Meidensha Corp.

Mitsubishi Electric Corporation

Trench Group

Chint Group

Toshiba Corp

Takaoka Toko Co., Ltd

Shihlin Electric & Engineering Corp.

Recent Developments in the Market:

In May 2022, The foundation of Arteche Hitachi Energy Instrument Transformers S.L., the successor of Arteche Gas Insulated Transformers, has been approved by regulatory bodies, concluding all necessary procedures (AGIT). Through this partnership, Arteche and Hitachi Energy are hastening the advancement of ecologically friendly, sustainable gas-insulated transformers.
In December 2021, manufacturers of AIS Instrument Transformers Pfiffner and Trench have jointly issued a declaration regarding SF6-free transformers. SF6 is typically utilised in AIS High Voltage Instrument Transformers due to its safety features. SF6 is, nevertheless, regarded as a gas that, when released into the atmosphere, contributes to global warming.

Global Gas Insulated Transformer Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Voltage, Installation, End User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Voltage offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Voltage:

Low Voltage (Up to 72.5 KV)

Medium Voltage (72.5 KV - 220 KV)

High Voltage (Above 220 KV)

By Installation:

Indoor

Outdoor

By End Use:

Industrial

Commercial

Utility

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Gas Insulated Transformer Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Gas Insulated Transformer Market, by Voltage, 2019-2029 (USD Billion)
- 1.2.3. Gas Insulated Transformer Market, by Installation, 2019-2029 (USD Billion)
- 1.2.4. Gas Insulated Transformer Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Gas Insulated Transformer Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Gas Insulated Transformer Market Dynamics

3.1. Gas Insulated Transformer Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising Demand Electricity Across the Globe
  - 3.1.1.2. Rising Electrical Network Expenditure
  - 3.1.1.3. Increasing Investments in the Transmission and Distribution Sector
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Gas Insulated Transformer
  - 3.1.2.2. Environmental Regulations Regarding the Use of Sf6
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing Transformer Oil Theft
  - 3.1.3.2. Adoption of Hvdc Technology

Chapter 4. Global Gas Insulated Transformer Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Gas Insulated Transformer Market, by Voltage

6.1. Market Snapshot
6.2. Global Gas Insulated Transformer Market by Voltage, Performance - Potential Analysis
6.3. Global Gas Insulated Transformer Market Estimates & Forecasts by Voltage 2019-2029 (USD Billion)
6.4. Gas Insulated Transformer Market, Sub Segment Analysis
- 6.4.1. Low Voltage (Up to 72.5 KV)
- 6.4.2. Medium Voltage (72.5 KV - 220 KV)
- 6.4.3. High Voltage (Above 220 KV)

Chapter 7. Global Gas Insulated Transformer Market, by Installation

7.1. Market Snapshot
7.2. Global Gas Insulated Transformer Market by Installation, Performance - Potential Analysis
7.3. Global Gas Insulated Transformer Market Estimates & Forecasts by Installation 2019-2029 (USD Billion)
7.4. Gas Insulated Transformer Market, Sub Segment Analysis
- 7.4.1. Indoor
- 7.4.2. Outdoor

Chapter 8. Global Gas Insulated Transformer Market, by End User

8.1. Market Snapshot
8.2. Global Gas Insulated Transformer Market by End User, Performance - Potential Analysis
8.3. Global Gas Insulated Transformer Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. Gas Insulated Transformer Market, Sub Segment Analysis
- 8.4.1. Industrial
- 8.4.2. Commercial
- 8.4.3. Utility

Chapter 9. Global Gas Insulated Transformer Market, Regional Analysis

9.1. Gas Insulated Transformer Market, Regional Market Snapshot
9.2. North America Gas Insulated Transformer Market
- 9.2.1. U.S. Gas Insulated Transformer Market
  - 9.2.1.1. Voltage breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Installation breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Gas Insulated Transformer Market
9.3. Europe Gas Insulated Transformer Market Snapshot
- 9.3.1. U.K. Gas Insulated Transformer Market
- 9.3.2. Germany Gas Insulated Transformer Market
- 9.3.3. France Gas Insulated Transformer Market
- 9.3.4. Spain Gas Insulated Transformer Market
- 9.3.5. Italy Gas Insulated Transformer Market
- 9.3.6. Rest of Europe Gas Insulated Transformer Market
9.4. Asia-Pacific Gas Insulated Transformer Market Snapshot
- 9.4.1. China Gas Insulated Transformer Market
- 9.4.2. India Gas Insulated Transformer Market
- 9.4.3. Japan Gas Insulated Transformer Market
- 9.4.4. Australia Gas Insulated Transformer Market
- 9.4.5. South Korea Gas Insulated Transformer Market
- 9.4.6. Rest of Asia Pacific Gas Insulated Transformer Market
9.5. Latin America Gas Insulated Transformer Market Snapshot
- 9.5.1. Brazil Gas Insulated Transformer Market
- 9.5.2. Mexico Gas Insulated Transformer Market
9.6. Rest of The World Gas Insulated Transformer Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Nissin Electric Co., Ltd
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Arteche Group
- 10.2.3. Hyosung Heavy Industries Corp.
- 10.2.4. Meidensha Corp.
- 10.2.5. Mitsubishi Electric Corporation
- 10.2.6. Trench Group
- 10.2.7. Chint Group
- 10.2.8. Toshiba Corp
- 10.2.9. Takaoka Toko Co., Ltd
- 10.2.10. Shihlin Electric & Engineering Corp

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Gas Insulated Transformer Market, report scope
TABLE 2. Global Gas Insulated Transformer Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Gas Insulated Transformer Market estimates & forecasts by Voltage 2019-2029 (USD Billion)
TABLE 4. Global Gas Insulated Transformer Market estimates & forecasts by Installation 2019-2029 (USD Billion)
TABLE 5. Global Gas Insulated Transformer Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 6. Global Gas Insulated Transformer Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Gas Insulated Transformer Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Gas Insulated Transformer Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Gas Insulated Transformer Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Gas Insulated Transformer Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Gas Insulated Transformer Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Gas Insulated Transformer Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Gas Insulated Transformer Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Gas Insulated Transformer Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Gas Insulated Transformer Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 1. Germany Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 2. Germany Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 3. France Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 4. France Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 5. France Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 6. Italy Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Italy Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 8. Italy Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 9. Spain Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Spain Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 11. Spain Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 12. RoE Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. RoE Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 14. RoE Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 15. China Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. China Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. China Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. India Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. India Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. India Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Japan Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. Japan Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Japan Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. South Korea Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. South Korea Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. South Korea Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Australia Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. Australia Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Australia Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. RoAPAC Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. RoAPAC Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. RoAPAC Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Brazil Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Brazil Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Brazil Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Mexico Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. Mexico Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. Mexico Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoLA Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. RoLA Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. RoLA Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. Row Gas Insulated Transformer Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. Row Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. Row Gas Insulated Transformer Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 1. List of secondary sources, used in the study of global Gas Insulated Transformer Market
TABLE 2. List of primary sources, used in the study of global Gas Insulated Transformer Market
TABLE 3. Years considered for the study
TABLE 4. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Gas Insulated Transformer Market, research methodology
FIG 2. Global Gas Insulated Transformer Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Gas Insulated Transformer Market, key trends 2021
FIG 5. Global Gas Insulated Transformer Market, growth prospects 2022-2029
FIG 6. Global Gas Insulated Transformer Market, porters 5 force model
FIG 7. Global Gas Insulated Transformer Market, pest analysis
FIG 8. Global Gas Insulated Transformer Market, value chain analysis
FIG 9. Global Gas Insulated Transformer Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Gas Insulated Transformer Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Gas Insulated Transformer Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Gas Insulated Transformer Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Gas Insulated Transformer Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Gas Insulated Transformer Market, regional snapshot 2019 & 2029
FIG 15. North America Gas Insulated Transformer Market 2019 & 2029 (USD Billion)
FIG 16. Europe Gas Insulated Transformer Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Gas Insulated Transformer Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Gas Insulated Transformer Market 2019 & 2029 (USD Billion)
FIG 19. Global Gas Insulated Transformer Market, company Market share analysis (2021)