가스 절연 개폐장치(GIS) 시장 규모, 점유율, 성장 분석 : 설치 유형별, 절연 유형별, 용량별, 전압 레벨별, 용도별, 지역별 - 업계 예측(2026-2033년)

Global Gas Insulated Switchgear Market size was valued at USD 26.35 Billion in 2024 and is poised to grow from USD 28.7 Billion in 2025 to USD 56.77 Billion by 2033, growing at a CAGR of 8.9% during the forecast period (2026-2033).

The global market for Gas Insulated Switchgear (GIS) is poised for substantial growth, driven by the ongoing transformation in the power industry, characterized by the modernization of transmission and distribution networks and the surge in renewable energy adoption. However, the high costs associated with GIS compared to traditional air-insulated switchgear, alongside rigorous environmental and safety regulations, may impede market expansion. Concurrently, the increasing urbanization and population growth amplify energy demand, with a significant portion of the population migrating to urban areas, thereby necessitating enhanced electricity supply. Additionally, extensive construction projects for commercial and residential developments further elevate power requirements, positioning the GIS industry for notable advancement as investments in energy infrastructure intensify.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Gas Insulated Switchgear market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Gas Insulated Switchgear Market Segments Analysis

Global Gas Insulated Switchgear Market is segmented by Installation Type, Insulation Type, Capacity, Voltage Level, Application and region. Based on Installation Type, the market is segmented into Outdoor and Indoor. Based on Insulation Type, the market is segmented into SF6 and SF6 Free. Based on Capacity, the market is segmented into <= 38 kV, > 38 kV to <= 72 kV, > 72 kV to <= 150 kV and > 150 kV. Based on Voltage Level, the market is segmented into Medium voltage and High voltage. Based on Application, the market is segmented into Transmission & distribution, Manufacturing & processing, Infrastructure & transportation, Power generation and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Gas Insulated Switchgear Market

The segment of excessive voltage gas insulated switchgear is experiencing notable expansion and is expected to represent a substantial share of the market due to various advantages offered by gas insulated substations operating at high voltage. These benefits include enhanced safety for grid infrastructure and improved reliability, which contribute to their increasing adoption. As industries and utilities prioritize efficient and secure energy management solutions, the demand for high voltage gas insulated switchgear continues to rise, positioning this segment as a key driver of growth within the global gas insulated switchgear market.

Restraints in the Global Gas Insulated Switchgear Market

The Global Gas Insulated Switchgear market faces significant limitations predominantly due to rising procurement costs associated with capital expenditure, the complexity of manufacturing processes, and the necessity for high-priced components such as transformers and switching elements that operate within a gas-filled enclosure. Furthermore, the classification of SF6 gas as a major greenhouse gas by environmental authorities adds another layer of difficulty, as there is no comparable alternative that offers the same performance capabilities. Consequently, these high costs combined with stringent regulations surrounding the use of SF6 gas are likely to hinder market growth moving forward.

Market Trends of the Global Gas Insulated Switchgear Market

The Global Gas Insulated Switchgear market is experiencing a significant trend towards environmentally sustainable practices, driven primarily by the need to move away from sulfur hexafluoride (SF6) due to its high global warming potential. Industry leaders are increasingly investing in innovative insulation technologies that utilize more eco-friendly alternatives, such as clean air and new gas mixtures. This shift is fueled by mounting regulatory pressures and consumer demand for greener solutions, particularly in regions with stringent emissions targets. As companies prioritize sustainability and technology advancement, there is a growing focus on incorporating these SF6-free options into existing and future switchgear designs, redefining market competitiveness.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Gas Insulated Switchgear Market Size by Installation Type & CAGR (2026-2033)

• Market Overview
• Outdoor
• Indoor

Global Gas Insulated Switchgear Market Size by Insulation Type & CAGR (2026-2033)

• Market Overview
• SF6
• SF6 Free

Global Gas Insulated Switchgear Market Size by Capacity & CAGR (2026-2033)

• Market Overview
• <= 38 kV
  • 38 kV to <= 72 kV
  • 72 kV to <= 150 kV
  • 150 kV

Global Gas Insulated Switchgear Market Size by Voltage Level & CAGR (2026-2033)

• Market Overview
• Medium voltage
  • Primary Distribution
  • Secondary Distribution
• High voltage

Global Gas Insulated Switchgear Market Size by Application & CAGR (2026-2033)

• Market Overview
• Transmission & distribution
• Manufacturing & processing
• Infrastructure & transportation
• Power generation
• Others

Global Gas Insulated Switchgear Market Size & CAGR (2026-2033)

• North America (Installation Type, Insulation Type, Capacity, Voltage Level, Application)
  • US
  • Canada
• Europe (Installation Type, Insulation Type, Capacity, Voltage Level, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Installation Type, Insulation Type, Capacity, Voltage Level, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Installation Type, Insulation Type, Capacity, Voltage Level, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Installation Type, Insulation Type, Capacity, Voltage Level, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• ABB (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens Energy (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GE Grid Solutions (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Energy (Japan/Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Electric (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tavrida Electric (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nissin Electric Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CG Power and Industrial Solutions Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Toshiba Energy Systems & Solutions Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zhejiang Pinggao Electric Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sieyuan Electric Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chint Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Larsen & Toubro (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyosung Heavy Industries (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Efacec (Portugal)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LS Electric (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arteche (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations