Gas Circuit Breaker Market Size – By Technology, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Gas Circuit Breaker Market Size

The global gas circuit breaker market size was estimated at USD 2 billion in 2024. The market is expected to grow from USD 2.3 billion in 2025 to USD 5.3 billion in 2034, at a CAGR of 9.8%. Gas circuit breakers are high-voltage electrical switches that use sulfur hexafluoride or other gases to extinguish arcs, interrupting the flow of current in power systems. They offer efficient and reliable means of controlling and protecting electrical grids against overloads and faults, crucial for grid stability.
 

The rising need to revamp current electrical systems, alongside substantial investments in grid infrastructure, is set to bolster business prospects. The lack of efficient electric networks in developing nations, along with a push to enhance existing infrastructure in developed countries, has fostered a promising business landscape. For instance, in 2023, more than 770 grid modernization were undergoing in the U.S.
 

Moreover, owing to rising objective of reduction in carbon elimination the rise in investment potential in renewable energy sector by different countries is expected to increase the gas circuit breaker market demand. For instance, in 2024, Australia registered USD 9 billion investment for generating renewable energy of around 23 GW and battery of around 9GW.
 

Additionally, growing investment in EV charging station as response against the rising EV sales, also increases demand for gas circuit breaker. For instance, in 2022, nearly 900,000 new public charging points for EV were installed, thus recording the number of public EV charging stations around 2.7 million. Gas circuit breakers are used to enhance safety and durability of high voltage EV batteries and charging infrastructures.
 

As the population is rising the electricity demand is also increasing worldwide. The growing incidences of hurricane and other natural calamities leading to rising energy outage and thus, demand for uninterrupted power flow is also increasing. For instance, in November 2024, 1700 users in Queensland Australia witnessed severe power outage due to certain faults in power lines. Gas circuit breaker in case of power outage easily isolate faults and avoid downtime and any further damage to equipment. This will boost the demand for gas circuit breaker in future.
 

Gas Circuit Breaker Market Trends

The gas circuit breaker industry has been observing a striking positive trend owing to growing demand for effective energy management from various end users such as EV infrastructures, renewable energy and others. This promotes numerous innovative initiations in the industry. Development of more eco-friendly and smart gas circuit breakers being some of these innovations in the field. Sulfur hexafluoride is the most common gas used in conventional gas circuit breakers owing to its ideal insulating properties.
 

However, the gas is a greenhouse gas and rising concern to preserve environment companies are adopting other gas such as fluoronitrile-based mixtures or clean air technology. The growing initiatives to reduce greenhouse gas elimination companies are stepping into this change. For instance, in March 2022, GE launched the first prototype of g3 GIS circuit breaker 420 kV, 63 kA range.
 

Moreover, rising smart grids and smart meters also rises the demand for gas circuit breakers to monitor the energy consumption. For instance, according to the U.S. Department of Energy (DOE) more than 130 million smart meters were installed in the U.S as of 2023. Along with rising investment in smart grid technology also expected to rise the demand for gas circuit breakers.
 

For instance, in August 2024, government of the U.S. announced investment of USD 2.2 billion for restoration of power grids. Such technological innovation increases demand for circuit breakers for grids to optimize the energy flow will rise the growth of gas circuit breaker market in focus.
 

Further innovations to align itself with the goal of environmental preservation across globe and reduce the carbon footprint many companies are using sustainable materials to design gas circuit breakers. For example, recycling SF6 a potent greenhouse gas and recycling gas circuit breakers component in order to reduce waste generation. This initiative is cost-effective due to reduced cost in response to newly exploring for materials.
 

Additionally, gas circuit breakers integrated with AI and ML to develop effective circuit breakers at lower price. These technologies are used while manufacturing the GCBs to offer real time data and avoid any failures or errors before the occurrence and suggest improvements. Such initiatives would help companies to capture cost-sensitive user target.
 

Gas Circuit Breaker Market Analysis

The market by voltage is segmented into medium and high. Gas circuit breaker market reached USD 1.5 billion, USD 1.8 billion and USD 2 billion in 2022, 2023 and 2024 respectively.  
 

• The medium voltage segment is predicted to reach over USD 3 billion by 2034. The rising adoption of renewable energy and electric vehicle and metro are rising demand for medium voltage gas circuit breakers. Owing to its simple design and low fault current levels, gas circuit breakers at medium voltage can detect errors much faster and are effective protecting distribution networks and industrial systems.
   
• Furthermore, the medium voltage gas circuit breakers are simpler and smaller in design at lower cost making them ideal for solar energy and EVs. Rising shift towards renewable energy also increasing demand for medium voltage gas circuit breaker in modern grids.
   
• For instance, in 2023, the renewable energy generation recorded 473 GW capacity worldwide, thus registering a 36% increase in generation capacity from 2022 renewable energy generation capacity. In addition, the renewable energy source accounted around 30% of total electricity in 2023 across the globe.   
   
• Wherein, high voltage is complex in design and are costlier when compared to medium voltage gas circuit breakers. Thus, making them ideal choice for large-scale substation, transmission grid range of application. These breakers are used in major power outage faults in transmission networks and transformers. Increasing power outage due to faulty transmission lines increases demand for high voltage GCBs.
   
• For instance, in November 2024, various parts of Nigeria witnessed severe power outages caused by fault in transmission lines. Such instances highlight the high requirement in upgrading transmission network thus rising demand for high voltage GCBs.
   

The gas circuit breaker market by end use is segmented into industrial and utility. The utility segment is predicted to account 80.4% market share in 2024.
 

• Rising upgradation of aging grids into modern grid and favorable government initiatives will also increase the demand for gas circuit breakers in utility end use segment. For instance, in September 2024, U.S. DOE released Grid modernization Strategy 2024, defining methodology for grid modernization across the nation.
   
• Furthermore, rising energy demand and simultaneously increasing power outage owing to various circuit and transmission fault and other factors are rising demand for constant energy flow and monitor errors. GCBs helps to isolate this error and offer solution to avoid any damages.
   
• For instance, in January 2025, major winter storm costed loss of power for more than 190,000 US households in the central and eastern side of the country. Such instances will rise demand for gas circuit breaker in utility end use segment during forecast period.
   
• Due to rise in introduction of EV owing to rising adoption of ecologically friendly transportation and supportive government policies in the field, the gas circuit breaker market is expected to witness higher demand from industrial segment.
   
• For instance, in 2023, beyond 13.2 million of electric cars were purchased worldwide showcasing 33% YoY growth. Thus, reaching 40 million total number of electric cars on road by end of 2023.

• The gas circuit breakers market in the U.S. reached USD 237.5 million, USD 270 million and USD 304.9 million in 2022, 2023 and 2024 respectively. Favorable government initiatives for energy efficiency and investment in smart grid adoption across the nation are driving demand for gas circuit breakers for utility setting.
   
• Furthermore, rising investment into EV infrastructure such as EV charging station in the country due to rising EV sales also increases demand for GCBs for EV charging stations. For instance, by early 2024, U.S. witnessed around 25%-35% increase in number of EV charging stations.
   
• Furthermore, around USD 5 billion is funded by the government to support EV charging stations construction to make the count around half million number of new charging station by 2030 in U.S.
   
• Furthermore, rising EV sales and higher adoption of renewable energy across the continent the demand for gas circuit breakers for utilities in APAC will rise spontaneously. For instance, Chinese government announced extension of its NEV tax reduction and exemption rule until 2027. Thus, rise in sales of EV was observed in 2024 as compared to 2023.
   

Gas Circuit Breaker Market Share

Top 5 companies including ABB, GE, Siemens Energy, Schneider Electric and Mitsubishi Electric Corporation held a market share of over 40% in 2024. Many market players are operating in gas circuit breaker industry and players are working to develop cost-effective and eco-friendly gas circuit breakers.
 

Among these companies ABB is one of the largest share holding company in the gas circuit breaker market. Owing to its vast product offerings, widespread of geological clientele and strategic partnership with clients to offer eco-friendly gas circuit breakers along the side of standard solutions. The demand for gas circuit breakers is expected to boost as the renewable energy and electric vehicle industry constantly grow, especially in emerging countries such as China, and India.
 

Furthermore, supportive government regulations in the developing and developed countries, rising adoption of renewable energy, positive electrification of automotive industry and affordable labor cost further decreases prices of gas circuit breakers and aids strong uphold of market in the cost-sensitive group of consumers. Other major companies including GE, Siemens Energy, Schneider Electric and Mitsubishi Electric Corporation are also poised to target significant share of the market in focus, particularly in power grid and substations target group and energy storage systems sectors.
 

Gas Circuit Breaker Market Companies

Some of the key market players operating across the gas circuit breaker industry are:

• Hitachi
• DILO Company
• Mitsubishi Electric Corporation
• ABB
• Megger
• Siemens Energy
• GE
• Rockwill
• Schneider Electric
• Zhejiang Volcano Electrical Technology
• Pfiffner Group
• Crompton Greaves
• MEIDENSHA CORPORATION
• Toshiba International Corporation
• Wenzhou Wolun Electric Technology
• Casey Equipment Corporation
• Al-Amin Enterprises
   
• ABB is a Swedish multinational electrical engineering company. The company holds significant market share in gas circuit breaker market. The company registered around 9% to 9.5% revenue growth in 2023 from 2022 crossing USD 32 billion. Its strategies such as partnership with grid corporations especially in developing nations enhances the client range for gas circuit breakers from utility sectors.
   
• Siemens a Germany headquartered multinational company with global footprint in energy, automation, and digitalization business segments. The company registered a revenue of USD 83 billion in 2023. In addition, the company is developing effective SF6 free solution to utility grids by partnering with different national grid. In addition, the company is developing advanced circuit protecting solutions, which gives cutting edge opportunities for company.
   
• Schneider Electric is a French multinational company that held around USD 39 billion revenue in 2023. The company has recently introduced an advanced solution to accelerate decarbonization and offer real time data of energy consumption.
   
• GE is a U.S. based multinational company dealing in different business segment such as aviation, renewable energy and power. The company witnessed around 17% increase in revenue recording USD 68 billion in 2023. The company introduced SF6 free high voltage gas circuit breakers.
   
• Mitsubishi Electric Corporation a Japanese global company operating in energy, industrial automation, and electronics sector. In 2023, the company registered nearly 4% growth in revenue accounting more than USD 38 billion revenue. The company is investing to expand its manufacturing facility to capture growing demand for circuit breakers.
   

Gas Circuit Breaker Industry News

• In September 2024, GE announced launch of its new SF6 free GIS in 245 kV range for substations in France. The product was developed with the funding by the EU’s LIFE Program to produce a environment friendly gas circuit breakers.
   
• In October 2024, Mitsubishi announced investment of USD 86 million by its subsidiary Mitsubishi Electric Power Products, Inc. in U.S. to expand production of advanced switchgear and power electronics in U.S. to capture increased demand for transmission and grid products for renewable energy plant.
   
• In December 2024, Hitachi received a supply order from Chubu electric power grid of 5 SF6 free EconiQ 300 kV circuit-breaker units. This is the first of Japan’s installation for higher than 275 kV SF6 circuit breakers.
   
• In May 2024, ABB invested more than USD 20 million to open new state of art switchgear factory in Belgium. The company started to primarily develop power distribution enclosures used as protective case in circuit breakers and other electrical components.
   

The gas circuit breaker market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue and volume (USD Million and ‘000 Units) from 2021 to 2034, for the following segments:

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Market, By Voltage

• Medium
• High

Market, By Installation

• Indoor
• Outdoor

Market, By Application

• Power Distribution
• Power Transmission

Market, By End Use

• Industrial
• Utility

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • Australia
  • India
  • Japan
  • South Korea
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Argentina