The Global Gas-insulated Transmission Lines (GIL) Market have been estimated to display a significant growth in terms of revenue generation during the forecast period. Gas-insulated Transmission Lines (GIL) has ruled out the traditional overhead transmission lines, due to its outstanding features such as low losses, high safety in terms of fire hazard and flexible installation options.
“The modern designs of Gas-insulated Transmission Lines (GIL) encapsulates the system from the external environment and provides a long service life. The GIL system is unaffected by severe atmospheric pollution or intensive solar radiation. This has facilitated above ground GIL installation even in extreme environmental conditions.”
Unceasingly expanding global population and an upsurge in urbanization has led to a strongly increased demand for Gas-insulated Transmission Lines (GIL) Market. Every manufacturing industries have witnessed an enormous need for transmission systems that can transport bulk power with the supreme reliability and negligible losses.
The regenerative power generation systems are becoming more popular due to the conceptual change in limiting the usage of natural resources. The market players are striving to cater to these trends and are developing energy sustainable gas-insulated transmission lines. Extensive research and development (R&D) activities are building confidence in deploying supreme infrastructure equipment and is also providing crucial incentives for improved affordability and reliability in power transmission.
Based on the product type the gas-insulated transmission lines (GIL) market can be segmented into the aboveground installation, vertical installation, tunnel installation, and direct burial. application segment categorizes the market into the electrical industry, chemical industry, oil industry, cement industry, mining industries, textile industry, and others.
In order to study the span of the industry, the global Gas-insulated Transmission Lines (GIL) Market has been geographically segmented into the five key regions of North America, Europe, the Asia Pacific, the Middle East, and Africa, and Latin America. The high concentration of some of the chief players in the countries of Korea, Japan, and China have implored the Asia Pacific region to substantially emerge as the fastest growing in the global market.
The Gas-insulated Transmission Lines (GIL) Market offers a multitude of challenges for the industry participants and the gaining decisive understanding of these challenges have impelled the players to pander strategic merger & acquisition activities with their fellow contenders. Some of the major players operating in the global market include Siemens AG, TBEA Energy (India) Private Limited, Jiangnan Group Limited, RWE AG, AZZ Inc., L&T Construction, Grupo COBRA, Beta Engineering, and General Electric among others.
Stakeholders and investors are increasing their spending on research and development activities to scale the latest technologies in their system engineering process. The industry players are constantly striving to capitalize on the increasing demand for electric motors by incorporating strategic merger & acquisition (MA), joint ventures, collaboration and partnerships with fellow market participants.
Siemens AG is a prominent manufacturer of Gas-insulated Transmission Lines (GIL) Market systems with maximum reliability; space-saving and compact infrastructure, devising supreme transmission in the mega-cities of the future, and are continually focusing on improving quality of life for mankind. These are suitable for long distances and have high payload capacity, which comes with an autoreclosure facility.
The global Gas-insulated Transmission Lines (GIL) market was valued at $XX million in 2017, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
This report provides detailed historical analysis of global market for Gas-insulated Transmission Lines (GIL) from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Gas-insulated Transmission Lines (GIL) market.
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Leading players of Gas-insulated Transmission Lines (GIL) including:
• Siemens AG
• Jiangnan Group Limited
• TBEA Energy (India) Private Limited
• AZZ Inc.
• RWE AG
• Grupo COBRA
• L&T Construction
• General Electric
• Beta Engineering
Market split by Type, can be divided into:
• Aboveground Installation
• Tunnel Installation
• Vertical Installation
• Direct Burial
Market split by Application, can be divided into:
• Electrical Industry
• Oil Industry
• Chemical Industry
• Cement Industry
• Textile Industry
• Mining Industries
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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