Global Gas-insulated Switchgear Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Installation;

Indoor and Outdoor.

By Insulation Type;

Sf6 and Sf6-Free.

By Voltage Rating;

Up To 36 KV, Between 36 KV And 72.5 KV, Between 72.5 KV And 220 KV, and Above 220 Kv.

By End User;

Power Transmission Utility, Power Distribution Utility, Power Generation Utility, Railways & Metros, Industries & Oem, and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn934662943 Published Date: May, 2025 Updated Date: June, 2025

Gas-insulated Switchgear Market Overview

Gas-insulated Switchgear Market (USD Million)

Gas-insulated Switchgear Market was valued at USD 24,446.04 million in the year 2024. The size of this market is expected to increase to USD 46,438.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.


Global Gas-insulated Switchgear Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 24,446.04 Million
Market Size (2031)USD 46,438.95 Million
Market ConcentrationMedium
Report Pages326
24,446.04
2024
46,438.95
2031

Major Players

  • Abb
  • Siemens
  • Schneider Electric
  • General Electric
  • Eaton Corporation
  • Mitsubishi Electric
  • Hitachi
  • Yundai Electric & Energy Systems
  • Fuji Electric
  • Crompton Greaves Power And Industrial Solutions
  • Larsen & Toubro
  • Nissin Electric
  • Meidensha Corporation
  • Powell Industries
  • Elecktrobudowa Sa
  • Iljin Electric
  • Hyosung
  • Chint
  • Toshiba Energy Systems & Solutions Corporation
  • Sel S.P.A

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Gas-insulated Switchgear Market

Fragmented - Highly competitive market without dominant players


The Gas-insulated Switchgear (GIS) market is witnessing robust growth driven by the demand for compact and high-efficiency electrical infrastructure. These systems offer better insulation and protection compared to conventional switchgear. With over 45% preference for GIS in high-voltage applications, the market is rapidly replacing air-insulated systems in various sectors.

Technological Integration
The integration of digital monitoring, automation, and IoT-based diagnostics has transformed the GIS landscape. Around 38% of newly deployed systems now come with intelligent features that enable real-time condition monitoring and predictive maintenance, significantly enhancing operational reliability and lifespan.

Growth Drivers
Growing investments in smart grids and renewable energy integration are major contributors to the GIS market expansion. Over 52% of transmission network upgrades now incorporate GIS solutions due to their space-saving advantages and superior environmental safety, particularly in densely populated zones and underground applications.

Future Prospects
The market is expected to see increasing adoption due to the transition toward green technologies and compact substations. Over 40% of upcoming projects are focused on modular and environment-friendly switchgear solutions. The growing preference for eco-efficient SF6 alternatives also plays a vital role in shaping future developments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Installation
    2. Market Snapshot, By Insulation Type
    3. Market Snapshot, By Voltage Rating
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Gas-insulated Switchgear Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Electricity
        2. Focus on Renewable Energy Integration
        3. Urbanization and Industrialization
        4. Stringent Environmental Regulations
      2. Restraints
        1. High Initial Investment
        2. Complex Maintenance Requirements
        3. Concerns Regarding SF6 Gas
        4. Competition from Alternative Technologies
      3. Opportunities
        1. Smart Grid Integration
        2. Expansion of Transmission Infrastructure
        3. Technological Advancements
        4. Focus on Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Gas-insulated Switchgear Market, By Installation, 2021 - 2031 (USD Million)
      1. Indoor
      2. Outdoor
    2. Gas-insulated Switchgear Market, By Insulation Type, 2021 - 2031 (USD Million)
      1. Sf6
      2. Sf6-Free
    3. Gas-insulated Switchgear Market, By Voltage Rating, 2021 - 2031 (USD Million)
      1. Up To 36 KV
      2. Between 36 KV And 72.5 KV
      3. Between 72.5 KV And 220 KV
      4. Above 220 Kv
    4. Gas-insulated Switchgear Market, By End User, 2021 - 2031 (USD Million)
      1. Power Transmission Utility
      2. Power Distribution Utility
      3. Power Generation Utility
      4. Railways & Metros
      5. Industries & Oem
      6. Commercial
    5. Gas-insulated Switchgear Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abb
      2. Siemens
      3. Schneider Electric
      4. General Electric
      5. Eaton Corporation
      6. Mitsubishi Electric
      7. Hitachi
      8. Yundai Electric & Energy Systems
      9. Fuji Electric
      10. Crompton Greaves Power And Industrial Solutions
      11. Larsen & Toubro
      12. Nissin Electric
      13. Meidensha Corporation
      14. Powell Industries
      15. Elecktrobudowa Sa
      16. Iljin Electric
      17. Hyosung
      18. Chint
      19. Toshiba Energy Systems & Solutions Corporation
      20. Sel S.P.A
  7. Analyst Views
  8. Future Outlook of the Market