The Gas Insulated Transmission Lines Market is expected to witness an exponential growth by 2028. This could be credited to excessive demand for high voltage on the part of metropolitan cities and large-scale industries along with prominence of high voltage power projects. Gas insulated transmission lines are proving to be safer to overhead lines. The other factors boosting the market include governments’ initiatives regarding establishing cross border electricity transmission network and demand for conventional grid networks to be refurbished.
The other factors letting gas insulated transmission lines overpower overhead wires include low mutual capacitance, low maintenance, capacity to overload, and flexibility. The business outlook would be complemented further by rapid urbanization and commercialization. It has been observed that high voltage projects have garnered significant footage in the last few years due to continuing development of ultra-high transmission lines to curb losses incurred from long-distance electrical supply. This is likely to proliferate gas insulated transmission lines market in the near future.
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Europe leads the market as of now; thanks to energy efficiency mandates doled out by the governments; followed by renewable energy sources being given priority. North America comes second. However, Asia Pacific is expected to grow at the fastest pace due to rise in the industrial sector in developing economies like India and China.
The market is segmented based on installation, application, end-user, and geography. By installation, the segmentation goes like tunnel, above ground, vertical, and direct burial. By application, the market spans mining, textile, cement, chemical, oil, electrical, and others. By end-user, the segmentation could be computer center, railway, metropolitan cities, airport, and others. By geography, the segmentation could be North America, Europe, LATAM, Asia Pacific, and MEA.
The players contributing to the gas insulated transmission lines market include Siemens AG; Jiangnan Group Ltd.; TBEA Energy (India) Pvt. Ltd.; AZZ Inc.; RWE AG; Grupo COBRA; L&T Construction; and General Electric. Siemens is one of the pioneers in gas insulated transmission lines. They had installed one such line in Wehr pumped-storage power station’s tunnel in Black Forest way back in 1975. An inspection even after 3 decades certified every component in proper condition.
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Leading players of Gas Insulated Transmission Lines 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
• 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.)
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/energy
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