VALLEY COTTAGE, New York, December 18, 2017 /PRNewswire/ --
A research report on the gas circuit breaker market skilfully crafted by Future Market Insights reveals several aspects of the global market along with key trends and developments. The research publication titled "Gas Circuit Breaker Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)" uncovers numerous facets such as opportunities, drivers and trends that have an influence over the growth of the entire market. Moreover, along with the current market scenario and historical market data, this research report has outlined future market projections that reveal the future direction of the global market in terms of growth rate and valuation of the entire market considering all crucial market segments that define the global market. This data has been assessed across key regions in the globe to get a clear market picture in the current timeline as well as in the future.
Global Gas Circuit Breaker Market: Dynamics Impacting Future Growth
Various aspects have contributed to the growth of the global gas circuit breaker market. Gas circuit breaker acts as an effective alternative compared to conventional methods like oil circuit breaker and fuse, increasing use of gas circuit breaker for high voltage applications, rapid industrialization, and urbanization driving the need for establishment of new transmission grids, increasing renewable energy projects and use of medium voltage circuit breakers, significant investment by the government in the power transmission and distribution sector coupled with rapid growth in these sectors, irregular flow of current in certain regions owing to poor infrastructure driving the need for protection of circuit through circuit breakers, and trend such as focus on reduction of number of interrupters, evolution of hybrid gas breakers to reduce the environmental impact of SF6, and focus on low maintenance based circuit breakers have contributed to the growth of the global gas circuit breaker market.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-4180
Increasing penetration of alternative technologies, such as vacuum circuit breakers, stringent regulations pertaining to the use of sodium hexafluoride gas that is a major contributor to the greenhouse effect, reluctance to install new equipment and electrification projects, high cost associated with the use of SF6 gas circuit breakers, lack of standardised testing for ultra-high voltage gas circuit breakers and low replacement rate are hindering the growth of the global gas circuit breaker market.
Global Gas Circuit Breaker Market: Forecast highlights
As per the research report on the global gas circuit breaker market, the global market is anticipated to grow at a CAGR of 4.6% throughout the period of forecast to reach a valuation of more than US$ 800 Mn by the end of 2027 from a value of about US$ 518 Mn in 2017.
Preview Analysis on Global Gas Circuit Breaker Market segmentation by Voltage Rating- Up to 72.5 kV, 72.5-145kV, 145kV-252kV, 252-550kV, 550-800kV, above 800kV; Configuration- Single Interrupter, Two Interrupter, Four Interrupter; Technology- Dead Tank Type, Live Tank Type; End Use- Residential, Commercial, Industrial: https://www.futuremarketinsights.com/reports/gas-circuit-breakers-market
Global Gas Circuit Breaker Market: Segmentation Snapshot
The global gas circuit breaker market is segmented on the basis of voltage rating, by configuration, by technology, by end use and by region. By voltage rating, above 800 kV segment is the largest segment with a high market share. However, the 252-550 kV segment is projected to grow at a high rate to register a value CAGR of 5.3% throughout the period of forecast
By configuration, single interrupter segment is a high growth segment contributing largely to the growth of the global market. It is estimated to reach a value of more than US$ 530 Mn by the end of 2027; By technology, live tank type segment is highly lucrative with high growth potential. This segment is projected to grow at a high comparatively high CAGR and also reflect a high market valuation by the end of the period of assessment, thus leading the global market
By end use, the industrial segment is expected to dominate the global market with a high market value. The commercial segment is poised to register a high value CAGR of 5.2% throughout the period of forecast; By region, Asia Pacific excluding Japan (APEJ) is the largest with high market attractiveness. The gas circuit breaker market in APEJ region is expected to grow at a high value CAGR of 5.8% during the forecast period
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-4180
Global Gas Circuit Breaker Market: Competitive Analysis
The research study on global gas circuit breaker market includes a detailed competitive assessment that includes key players such as ABB Group, General Electric, Toshiba Corporation, Hyosung Corporation, Siemens AG, Schneider Electric SE, Hitachi Ltd., Kirloskar Electric Company Ltd., CG Power and Industrial Solutions Limited, Fuji Electric Co., Ltd., HICO America, Nissin Electric Co., Ltd., Elimsan Switchgear Equipment & Electromechanical Industry And Trade Inc., New Northeast Electric Group High Voltage Switchgear Co., Ltd., Mitsubishi Electric Corporation, Koncar-Electronics and Informatics Inc., Hyundai Heavy Industries Co., Ltd., Siyuan Electric Co., Ltd., Stelmec Limited and ALSTOM SA.
More from FMI's Cutting-edge Intelligence:
- Transformer Monitoring System Market Transformer Monitoring System Market Segmentation Product- Hardware: Direct Winding Transformer Monitors, Intelligent Transformer Monitors, Software; Installation Type- Newly Installed Units, Retrofit Units; Application: Dissolved Gas Analysis(DGA), Partial Discharge (PD), Bushing Monitoring, Cooling Control, Voltage Regulation; End Use- Power Transformers, Distribution Transformers, Other Transformers: https://www.futuremarketinsights.com/reports/transformer-monitoring-system-market
- Odour Control System Market Odour Control System Market Segmentation System Type- Physical Odour Control: Adsorption System, Ozone Generators, Chemical Odour Control: Chemical Scrubbers, Thermal Oxidisers, Biological Odour Control: Bio filters /Bio trickling Filters, Bio Scrubbers; Application- Waste Treatment Facilities, Food & Beverage, Pulp & Paper, Chemical & Petrochemical, Other Industries: https://www.futuremarketinsights.com/reports/odour-control-system-market
- Tower Crane Market Tower Crane Market Segmentation Product Type- Fast-Erecting, Hammer Head Cranes, Luffing Jib Cranes, Mobile Cranes; Capacity- Upto 5 Tonnes, 5 to Tonnes, 10 to 20 Tonnes, 20 to 50 Tonnes, Above 50 Tonnes; End-Use- Building & Construction, Residential, Infrastructure, Civic Infrastructure, Marine & Sea Ports, Mining, Others; Design- Top Slewing, Bottom Slewing: https://www.futuremarketinsights.com/reports/tower-crane-market
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Browse More Industrial Automation & Equipment Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
T (UK): +44(0)20-7692-8790
Press Office: Press@futuremrketinsights.com
FMI Blog: http://www.fmiblog.com/
SOURCE Future Market Insights