Gas Insulated Switchgear Market Size to Reach $33.53 billion by 2029 | MarketsandMarkets™ [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Yahoo! Finance
billion by 2029, at a CAGR of 6.1% during the forecast period. This is attributed to the increase in strength across the power distribution infrastructure to meet the high demand for electricity, in addition to increasing investments into renewables and industrial production. In addition, the rapid growth in the deployment of high-voltage direct current (HVDC) systems will further boost market expansion during this period. Browse in-depth TOC on " Gas Insulated Switchgear Market 100 - Tables 60 - Figures 290 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234770702 Outdoor segment, by Installation The outdoor gas-insulated switchgear (GIS) segment, under the category of installation, is expected to dominate the market in terms of share for the forecast period. Power consumption is on the rise, and that fuels expansion and modernization of power grids. These developments are increasing demand for outdoor GIS solutions. Outdoor GIS systems
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