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Europe HV Gas Insulated Switchgear Market Trends

Report ID: GMI7375 Published Date: December 2024Report Format: PDF
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Europe HV Gas Insulated Switchgear Market Trends

The Europe high voltage gas insulated switchgear industry is evolving rapidly, driven by technological advancements, regulatory shifts, and growing energy demands. A key trend shaping the market is the transition toward eco-friendly alternatives to SF6  gas, traditionally used for insulation. SF6 is a potent greenhouse gas, and European Union regulations are pushing manufacturers to adopt low-emission alternatives such as g³ (Green Gas for Grid) and vacuum-insulated technologies. This shift aligns with Europe’s ambitious climate goals, particularly its target of carbon neutrality by 2050. Another notable trend is the increasing integration of renewable energy sources like wind and solar into the grid.

Offshore wind farms in the North Sea and large-scale solar installations across Southern Europe are spurring demand for HV GIS due to their compact footprint and reliability in harsh environments. These installations often require GIS because it can handle high voltages efficiently in limited spaces, making it ideal for offshore platforms and urban areas. Digitalization is also transforming the GIS market. Advanced monitoring systems and IoT-enabled components are being integrated into GIS to enhance grid reliability and provide real-time data for predictive maintenance. Utilities and grid operators are increasingly adopting these smart systems to improve operational efficiency and reduce downtime, which aligns with the broader push for smarter and more resilient grids across Europe.

Author: Ankit Gupta, Utkarsh Mahajan
Frequently Asked Question(FAQ) :

What is driving the demand for 72.5 kV voltage GIS?+

The 72.5 kV voltage segment is expected to surpass USD 4.6 billion by 2034, due to its compact and efficient power transmission capabilities, particularly in urban and industrial areas with space constraints.

How big is the Europe HV gas insulated switchgear market?+

The Europe HV gas insulated switchgear market was reached USD 5.8 billion in 2024 and is projected to grow at a CAGR of 8.1% from 2025 to 2034, driven by the rising demand for reliable and space-efficient power infrastructure.

How is the Russia HV gas insulated switchgear market performing?+

The Russia HV gas insulated switchgear market is projected to exceed USD 1.1 billion by 2034, supported by efforts to modernize aging power infrastructure and increasing investments in renewable energy projects.

What is the growth outlook for the offshore wind segment in the Europe HV GIS market?+

The offshore wind segment is anticipated to grow at a CAGR of over 25% through 2034, as offshore wind farms require compact and reliable equipment for high-voltage power transmission in confined spaces.

Who are the major players in the Europe HV gas insulated switchgear market?+

Key players in the market include ABB, Bharat Heavy Electricals, CG Power and Industrial Solutions, E + I Engineering, Eaton, Fuji Electric, General Electric, HD Hyundai Electric, Hitachi, Lucy Group, Mitsubishi Electric, Ormazabal, Schneider Electric, Siemens, Skema, and Toshiba.

Europe HV Gas Insulated Switchgear Market Scope

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