Gas Insulated Substation Market to Surpass US$ 41,059.8 Million By 2025 – Demand for Mobile Gas Insulated Substations Increasing Across the Globe

The Insight Partners Published, “Gas Insulated Substation Market 2025 – Global Analysis and Forecasts by Voltage Types (High Voltage & Ultra High Voltage) and Application (Power Transmission and Distribution & Manufacturing and Processing)” to its research database.

April 17, 2018 /MarketersMedia/ —

Gas insulated substation market is expectant to reach US$ 41,059.8 million by 2025 as compared to US$ 15,416.1 million in 2016, escalating at a CAGR of 19.4% during the forecast period from 2017 to 2025. The market for gas insulated substation is influenced by various factors such as easy installation and operation of the mechanism and low maintenance of the system, long life span of the systems and increased reliability of the system over air insulated substations. However, the high price of gas insulated substations as compared to air insulated substations are hindering the market growth.

Request Sample Copy is Available at http://www.theinsightpartners.com/sample/TIPTE100000459

The market for gas insulated substations have the potential to grow exponentially owing to different research and developments to enhance the recorders. The demand for mobile gas insulated substations are increasing across the globe in order to generate maximum power in areas with confined lands. The major advantage of gas insulated substations is the compact size of the system over air insulated substations. Owing to this factor, the mining sector, construction industry, oil & gas industry, as well as marine ports are increasingly adopting the mobile gas insulated substations. The primary advantage of mobile gas insulated substations is it can be easily moved to one place to another and can be reconfigured according to the project that changes over a period.

Another benefit of mobile gas insulated substations is that the systems are integrated with high end shock absorbers which allow the vehicle to move through rough terrains. Moreover, these mobile gas insulated substations are capable of operating at harsh temperatures with disruptions and are corrosion resistant. The electromagnetic compatibility integrated in the mobile gas insulated substations complete protection of operating personnel and surrounding environment as well as reduces the overall noise to absolute minimum. These benefits are anticipated to be the driving factors for the gas insulated substations in the coming years.

The gas insulated substations market is bifurcated on basis of application as power transmission and distribution and manufacturing and processing. The major advantage of installing GIS to transmit and distribute power is the compact design of gas insulated substations, which enables the substation to be installed in a confined space. The GIS are compact in design but are capable of transmitting and distributing heavy loads than the power of an air insulated substation. The market for gas insulated substation is poised to grow during the forecast period from 2017 to 2025, owing to the upgradation of existing or traditional power transmission and distribution centers in few developed countries to gas insulated substations, which provide more power over a longer distance.

Complete Report is Available at http://www.theinsightpartners.com/reports/gas-insulated-substation-market

On the other hand, Manufacturing units and processing centers of various industries integrate their work stations with gas insulated substation in order to maintain the adequate power supply in their work stations. The manufacturing and processing centers are investing substantial amounts in order to procure technologically advanced gas insulated substations to enhance their power supply in their work stations. These factors are bolstering the market for gas insulated substations during the forecast period and is foreseen to drive the growth of the market in future.

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the gas insulated substation industry.

Inquire before Buying at http://www.theinsightpartners.com/inquiry/TIPTE100000459

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

Contact Info:
Name: Sameer Joshi
Email: sales@theinsightpartners.com
Organization: The Insight Partners
Phone: +1-646-491-9876

Source URL: https://marketersmedia.com/gas-insulated-substation-market-to-surpass-us-41059-8-million-by-2025-demand-for-mobile-gas-insulated-substations-increasing-across-the-globe/332169

For more information, please visit http://www.theinsightpartners.com/reports/gas-insulated-substation-market

Source: MarketersMedia

Release ID: 332169

More News From The Market Noise

Basking in the Tuscan Sun

Oct 17, 2018

CORTONA, Italy — After my breast cancer diagnosis and as I was going through what would be more than a year of treatments that included chemotherapy and radiation, I vowed I would return to Italy. Both sets of my grandparents emigrated from there, and I always turned to Italy as a source of comfort. At first, I wasn't sure what part of Italy I would travel. The last time I was there was in 1998. But when my sister and brother-in-law invited me for a one-week stay at a villa in Cortona in Tuscany, I knew my plans were set....

EU official urges Britain's May to get creative on Brexit

Oct 17, 2018

LUXEMBOURG — The European Union largely abandoned hope of clinching a Brexit deal this month and a top EU official implored British Prime Minister Theresa May on Tuesday to come up with "a new method of thinking" on the Irish border issue that has stumped negotiators for over a year. With the leaders of EU countries meeting Wednesday, EU Council President Donald Tusk told May to think like a free spirit and "present something creative enough to solve this impasse" at the summit that previously was touted as a pivotal event in Britain's two-year departure from the bloc. As prospects...

Instagram users get free sushi in Milan with proof of posts

Oct 17, 2018

MILAN — A Milan sushi bar has come up with a new electronic payment method that is based on a currency more valuable than cash in some quarters. "This Is Not A Sushi Bar" is offering free meals to people with 100,000 or more Instagram followers. In return, users of the social media service must present an Instagram post that includes a restaurant hashtag and a photo. Owner Matteo Pittarello said he hoped the offer would attract millennials as patrons and create "2.0 word-of-mouth that could make our brand strong and viral." Italian fashion blogger Clizia Incorvaia had a free...

The Latest: Tusk says new thinking required in Brexit talks

Oct 17, 2018

LUXEMBOURG — The Latest on Britain's upcoming departure from the European Union (all times local): 4:30 p.m. European Council President Donald Tusk says new thinking is required to end the Brexit standoff and is likening the Irish border problem to the mythical Gordian Knot that cannot be untied. Tusk said Tuesday that "we need maybe a new method of thinking." He says that avoiding a "hard border" between EU member Ireland and the U.K.'s Northern Ireland "looks like a new version of the Gordian Knot. Unfortunately I can't see a new version of Alexander the Great." Legend has it that...

Europe warns of revolt if Italy draft budget accepted

Oct 17, 2018

MILAN — Italy's populist government was heading into a budget battle with the European Union after disregarding pointed warnings to ease up on spending promises that have shattered previous deficit pledges and threaten Italy's ability to lower its heavy debt load. The EU Commission President Jean-Claude Juncker told reporters in Brussels on Tuesday that the rest of Europe would revolt if the Commission accepted the budget draft that Italy submitted overnight. But he also said he would listen to Italy's arguments during a period of discussion on the draft, and urged other member states "not to put Italy on the...

Sign up now!