Gas Insulated Transformer Market Demands and Growth Prediction 2018 – 2028

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Gas insulated Transformer have been utilized in the various applications since 1960s, however there usage has been restricted owing to their high costs. Sulphur hexafluoride is the primarily utilized gas in these type of transformer. Gas insulted transformer possess various advantages as compared to that of oil immersed transformer which include compact design, easier installation, safety an simpler maintenance. Gas insulated transformers are primarily utilized in the underground and indoor substations in urban areas.

Global Gas Insulated Transformer Market: Segmentation

Globally, the gas insulated transformer market can be segmented on the basis of voltage, product type, installation and end-use,

Based on the voltage, the global gas insulated transformer market can be segmented into, Up to 72.5 Kv (Medium) 5 Kv – 220 Kv (High) Above 220 Kv (Extra High)

Based on the product type, the global gas insulated transformer market can be segmented into, Instrument Transformer Power Transformer Others

Based on the installation, the global gas insulated transformer market can be segmented into, Outdoor Indoor

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Based on the end-use, the global gas insulated transformer market can be segmented into, Utility Industrial Commercial

Global Gas Insulated Transformer Market: Dynamics

Increasing demand for the electricity in prominent countries, lack of space for the construction of new substations and up-gradation of existing ones and adverse environmental effects have encouraged a trend in overpopulated urban areas to tuck away large substations underground. This in turn has led to a growing demand for non-explosive and large-capacity gas insulated transformer in order to ensure compactness and prevent the accidents.

Moreover, increasing adoption of technologically advanced products and long and long-term investments are anticipated to propel the demand for gas insulated transformer market.

However, stringent environmental regulations pertaining to the utilization of SF6 gas will restrain the growth of the gas insulated transformer market over the near future. Various health and safety organizations, such Occupational Safety and Health Organization (OSHA) and NIOSH have issued the warning regarding the formation of toxic compounds from the electrical discharge of SF6 gas. Thus, there has been a growing penetration of alternative gas based transformers in the market

Development of the gas insulated transformers with the alternative technologies of SF6 is found to be one of the key trends in the market. For instance, in the recent past ABB and General Electric have collaborated with 3M to introduce the g3 & AirPlus insulation gases which were developed using 3M’s Novec 4710 and Novec 5110

Global Gas Insulated Transformer Market: Regional Outlook

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Considering regions, Asia-Pacific is anticipated to account for lion’s share and is further expected to show its dominance in the global gas insulated transformer market over the next decade. Due to the industrial development and rapid industrialization in the countries such as India and China, etc. significant growth has been witnessed, which in turn has led to growing need for infrastructure that enables safe and reliable of power transmission. Asia-Pacific is expected to be followed by Europe in the global gas insulated transformer market over the forecast years. Europe in the global gas insulated transformer is anticipated to be followed by North America region over the forecast years. Middle East & Africa and Latin America are anticipated to account for small share in the global gas insulated transformer market over the near future

Global Gas Insulated Transformer Market: Market Participants

Key players involved in the global Gas Insulated Transformer market include Mitsubishi Electric Corporation, Toshiba Corporation, General Electric Company, ABB Ltd., Siemens AG, ARTECHE Fuji Electric Co., Ltd., Hyosung Corporation, Pascal Group of Companies, CHINT GROUP, YangZhou Power Electric Co., Ltd., TAKAOKA TOKO CO., LTD.,  Kharkovenergopribor and others.

Key players involved in the manufacturing of gas insulated transformer are focusing on introduction of SF6 gas alternative transformers owing to the stringent environmental regulations regarding to their utilization. 

The research report presents a comprehensive assessment of the Gas Insulated Transformer market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Gas Insulated Transformer market segments such as

The report covers exhaustive analysis on: Gas Insulated Transformer Market Segments Gas Insulated Transformer Market Dynamics Gas Insulated Transformer Market Size Gas Insulated Transformer Volume Analysis Gas Insulated Transformer Installed Base Gas Insulated Transformer Current Trends/Issues/Challenges Gas Insulated Transformer Competition & Companies involved Gas Insulated Transformer Value Chain

Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Europe (Germany, Italy, France, U.K, Spain, Russia) South Asia (India, ASEAN) East Asia (China, Japan, South Korea) Oceania (Australia & New Zealand) Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Gas Insulated Transformer market segments and geographies.

Report Highlights: Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected Gas Insulated Transformer market size in terms of value and volume Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on Gas Insulated Transformer market performance Must-have information for Gas Insulated Transformer market players to sustain and enhance their market footprint

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