Global gas-insulated substation market to grow at a CAGR of 11.3 %
Global gas-insulated substation market is expected to reach $39.3 B by 2025 at a CAGR of 11.3 % during the forecast period from 2018-2025.
Global gas-insulated substation market is expected to reach $39.3 B by 2025 at a CAGR of 11.3 % during the forecast period from 2018-2025.
High demand for compact power systems and the growing necessity for small and low maintenance power systems is propelling the growth of the market according to Fior Markets.
The market has been segmented by key players into: ABB Ltd, Alstom S.A, Siemens A.G, Mitsubishi Electric Corporation, Hitachi Limited, Schneider Electric SE, Hyundai Heavy Industries Co Limited, Toshiba Corporation, Fuji Electric Co. Ltd. and Nissin Electric Co. Ltd.
The regions covered in this report are: United States, Europe, China, Japan, Southeast Asia, India, Central and South America.
Source: Fior Markets