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Published By : TechnavioPublished Date :Mar-2014No of Pages : 54
TechNavio’s analysts forecast the Global Gas Insulated Switchgear market will grow at a CAGR of 10.54 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing urbanization and space constraints in metropolitan cities. The Global Gas Insulated Switchgear market has also been witnessing an increasing focus on developing smaller and more efficient gas insulated switchgears by vendors. However, the rising cost of raw materials could pose a challenge to the growth of this market.
TechNavio’s report, the Global Gas Insulated Switchgear Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the Americas and the EMEA and APAC regions; it also covers the Global Gas Insulated Switchgear market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The key vendors dominating this space are ABB Ltd., Alstom SA, and Siemens AG.The other vendors mentioned in the report are Areva SA, Beikai Electric Co. Ltd., Hitachi Ltd., Mitsubishi Electric Corp., and Toshiba Corp.
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