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Gas Insulated Substation Market Was Around US $23,751 Mn in 2020, Which is Likely to Thrive at an Impressive CAGR of More Than 9% over 2020 – 2025

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A greater need for lower maintenance power storage, transmission, and distribution systems is expected to be a major driver in the gas insulated substation (GIS) market over the forecast period. Gas insulated substations are considerably more reliable and efficient than air insulated substations (AIS) with the former’s footprint being approx. 35% less than the latter. This results in minimal transmission and distribution losses and maximizes space utilization in urban areas where land is at a premium.

The global gas insulated substation market should grow to $36,627 Mn in 2025 from $23,751 Mn in 2020, recording an impressive 9% CAGR for nqx lmmrtd.

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