Gas Insulated Switchgear (GIS) Market Industry Trends and Forecast 2025 – 2031

The global Gas Insulated Switchgear (GIS) Market was valued at US$ 5590 million in 2024 and is anticipated to reach US$ 7135 million by 2031, witnessing a CAGR of 3.6% during the forecast period 2025-2031.

The global Gas Insulated Switchgear (GIS) Market was valued at US$ 5590 million in 2024 and is anticipated to reach US$ 7135 million by 2031, witnessing a CAGR of 3.6% during the forecast period 2025-2031.

The Gas Insulated Switchgear (GIS) market is dominated by ABB, Siemens, GE, Hyosung Heavy Industries, Shandong Taikai, XD Electric, Sieyuan, etc. The top seven players account for about 45% of the market share.

China is the largest Gas Insulated Switchgear (GIS) market with about 40 percent market share, followed by Europe with about 30 percent.

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Market Overview

Gas Insulated Switchgear systems are widely deployed in transmission and distribution networks, renewable energy grids, industrial facilities, and smart city infrastructure. With global energy demand rising and utility companies focusing on grid reliability, the adoption of GIS is accelerating. The global GIS market is projected to expand at a steady CAGR during the forecast period, supported by urbanization, electrification, and the shift to clean energy.

Key Market Drivers

  1. Urbanization and Space Constraints
    GIS systems require significantly less space than traditional switchgear, making them ideal for densely populated urban centers and underground substations.
  2. Modernization of Aging Electrical Infrastructure
    Governments and utilities worldwide are investing in the upgrade of aging grid systems, replacing outdated air-insulated switchgear with more efficient GIS technology.
  3. Rising Integration of Renewable Energy
    The expansion of solar and wind farms requires reliable switchgear to connect with national grids. GIS offers high reliability, compact design, and minimal maintenance, making it ideal for renewable energy integration.
  4. High Demand in Industrial and Commercial Sectors
    Industries such as oil & gas, mining, steel, and data centers require robust and compact electrical systems that GIS can provide.
  5. Focus on Safety and Reliability
    GIS provides excellent insulation, reduced fire risk, and operational safety in harsh environments and critical installations such as power plants and metro systems.

Market Segmentation

  • By Voltage Rating:
    • Medium Voltage (≤ 72.5 kV)
    • High Voltage (> 72.5 kV)
  • By Installation Type:
    • Indoor GIS
    • Outdoor GIS
  • By Application:
    • Power Transmission
    • Power Distribution
    • Industrial
    • Infrastructure
    • Renewable Integration
  • By End User:
    • Utilities
    • Commercial & Industrial
    • Transportation (Railways, Airports)
    • Oil & Gas

Regional Insights

  • Asia-Pacific: Leads the global GIS market, driven by high electricity demand, rapid urban development, and grid expansion projects in China, India, Japan, and South Korea.
  • Europe: GIS adoption is high due to strong environmental regulations, grid modernization efforts, and urban infrastructure development, particularly in Germany, France, and the UK.
  • North America: Driven by the replacement of aging grid infrastructure, increased renewable energy capacity, and investments in energy-efficient technologies.
  • Middle East & Africa: Growing investments in power infrastructure and oil & gas projects are fueling demand for high-performance GIS systems.
  • Latin America: Emerging markets like Brazil and Mexico are investing in smart grid and transmission projects, contributing to regional GIS growth.

Key Market Players

Prominent companies in the Gas Insulated Switchgear market include:

  • Siemens AG
  • ABB Ltd
  • Schneider Electric
  • Mitsubishi Electric Corporation
  • General Electric Company
  • Hitachi Energy
  • Toshiba Corporation
  • Hyosung Heavy Industries
  • CG Power and Industrial Solutions Ltd
  • Meidensha Corporation

These players focus on innovation, eco-friendly alternatives to SF₆ gas, compact GIS designs, and global service networks to maintain competitive advantage.

Future Outlook

The GIS Market is moving toward digitalization and sustainability. Key trends include the development of eco-friendly insulating gases, integration of IoT and remote monitoring, and modular GIS designs for faster deployment. As the world transitions to smarter and greener electricity networks, GIS will remain a cornerstone of advanced grid infrastructure.

Conclusion

In conclusion, the Gas Insulated Switchgear Market is set to expand steadily, supported by urbanization, renewable energy growth, and the need for safe and compact power systems. With strong investments in smart grids and infrastructure upgrades worldwide, GIS technology will play a pivotal role in modern energy ecosystems through 2031 and beyond.

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