Gas Insulated AC Switchgear Market Size - By Voltage, By Application, Growth Forecast, 2025 - 2034

Gas Insulated AC Switchgear Market Size

The global gas insulated AC switchgear market size was valued at USD 22.7 billion in 2024. The market is expected to grow from USD 24.6 billion in 2025 to USD 47.9 billion in 2034, at a CAGR of 7.7%. Increasing urbanization, especially in developing countries, is driving demand for compact and reliable electrical distribution solutions. GIS, with its smaller footprint compared to air-insulated switchgear, is ideal for densely populated areas.
 

Growing investments in grid infrastructure and a rising demand for refurbishing existing electrical networks are bolstering the industry's outlook. For instance, according to the Ministry of Power in India, the government allocated approximately USD 5.4 billion under the Revamped Distribution Sector Scheme (RDSS) in 2023 to modernize and strengthen the power distribution infrastructure.
 

Developing nations grapple with unreliable electric networks, while developed countries pivot towards enhancing their existing infrastructure, setting the stage for a thriving business landscape. For reference, China's National Energy Administration announced plans to invest over USD 70 billion in grid upgrades by 2025.
 

Rising global energy consumption, driven by population growth, industrial expansion, and electrification of rural areas, fuels the demand for reliable and efficient transmission and distribution systems. For illustration, according to the U.S. Energy Information Administration (EIA), global energy consumption is projected to increase by nearly 50% between 2020 and 2050, driven by economic and population growth in developing regions.
 

Gas Insulated AC Switchgear Market Trends

The Trump administration's tariffs on steel, aluminum, and copper have significantly impacted the U.S. gas-insulated AC switchgear industry, which is integral to electrical distribution systems. These tariffs have led to increased costs for raw materials and finished products, affecting both manufacturers and end-users. The increased costs and supply chain challenges could slow down the expansion and modernization of the U.S. power grid, affecting its reliability and resilience.
 

Stricter environmental regulations are pushing for the reduction of greenhouse gas emissions. The development and adoption of SF6-free GIS solutions are gaining momentum as they offer environmentally friendly alternatives without compromising performance. For instance, according to the U.S. Environmental Protection Agency (EPA), greenhouse gas emissions in the United States decreased by 7% from 2019 to 2021, driven by stricter policies and technological advancements.
 

Emerging economies, particularly in Asia and the Middle East, are witnessing significant investments in power infrastructure, driving the demand for GIS solutions. For reference, the Gulf Cooperation Council (GCC) countries are expected to invest over USD 50 billion in electricity projects by 2025, as reported by the Arab Petroleum Investments Corporation (APICORP). Furthermore, manufacturers are increasingly focusing on developing sustainable GIS solutions that align with global environmental goals and regulatory standards.
 

The incorporation of digital technologies, such as IoT and AI, into GIS systems enables real-time monitoring, predictive maintenance, and improved grid management, enhancing overall efficiency and reliability. In addition, indoor GIS installations are gaining popularity due to their compact design and suitability for urban environments, where space is limited.
 

Gas Insulated AC Switchgear Market Analysis

• The gas insulated AC switchgear market was valued at USD 19.2 billion, USD 20.9 billion, and USD 22.7 billion in 2022, 2023, and 2024, respectively. Based on voltage, the industry can be categorized into low, medium and high.
   
• The low voltage segment is expected to dominate the market and exceed revenue of USD 27.2 billion by 2034. Rapid urbanization, especially in densely populated areas, necessitates compact and efficient power distribution systems. Low voltage GIS offers space-saving solutions suitable for residential and commercial buildings.
   
• The adoption of smart grid technologies enhances monitoring and control, driving the demand for advanced low voltage GIS solutions. Low voltage GIS provides enhanced safety features and reliability, reducing the risk of electrical faults in sensitive environments.
   
• Growing industrial activities require robust power distribution systems. Medium voltage GIS ensures a reliable power supply to manufacturing units, refineries, and data centers. The integration of renewable energy sources like wind and solar necessitates flexible and reliable power distribution solutions. Medium voltage GIS facilitates this integration by managing power fluctuations effectively.
   
• High voltage GIS facilitates the transmission of electricity from renewable energy plants to urban centers, supporting the global shift towards clean energy. Aging power grids in developed regions require modernization to meet increasing energy demands. High voltage GIS provides a reliable and efficient solution for upgrading transmission networks.
   

• Based on the application, the gas insulated AC switchgear market is trifurcated into residential, commercial & industrial and utility. The utility segment leads the industry with a major market share of 55.1% in 2024 while growing at a positive CAGR through 2034. Aging power grids in developed regions require modernization to meet increasing energy demands. GIS provides a reliable and efficient solution for upgrading transmission networks. GIS facilitates the transmission of electricity from renewable energy plants to urban centers, supporting the global shift towards clean energy.
   
• GIS provides enhanced safety features and reliability, reducing the risk of electrical faults in residential environments. The adoption of smart grid technologies enhances monitoring and control, driving the demand for advanced GIS solutions in residential areas. Rapid urbanization increases the demand for compact and efficient power distribution systems. GIS offers space-saving solutions suitable for residential areas with limited space.
   
• Growing emphasis on energy-efficient and sustainable solutions drives the adoption of GIS in commercial sectors. GIS offers compact and efficient solutions for these applications. Growing industrial activities require robust power distribution systems. GIS ensures reliable power supply to manufacturing units, refineries, and data centers.
   

• The U.S. gas insulated AC switchgear market has reached a value of USD 2.2 billion, USD 2.3 billion, and USD 2.5 billion in 2022, 2023, and 2024. Significant investments in wind and solar energy, particularly in the U.S. West, are increasing the demand for GIS solutions to manage distributed energy sources effectively. Rapid urban development, especially in the southern U.S., drives the need for compact and efficient power distribution systems.
   
• The transition to renewable energy sources, such as offshore wind farms, requires advanced GIS solutions for efficient power distribution. Stringent EU regulations on carbon emissions are promoting the adoption of SF6-free GIS technologies. Countries like Germany and France are investing heavily in upgrading their electrical infrastructure to support renewable energy integration.
   
• Rapid urban growth in countries like India and China increases the demand for compact and reliable power distribution systems. Growing industrial activities necessitate robust power distribution solutions, driving the demand for GIS. Expansion of renewable energy projects, such as solar and wind farms, requires efficient power distribution systems.
   
• Massive investments in infrastructure projects, like Saudi Arabia's Vision 2030, are driving the demand for advanced power distribution systems. Countries are shifting from oil dependency to diversified energy sources, increasing the need for reliable power distribution solutions.
   
• Countries like Argentina and Chile are setting ambitious renewable energy targets, driving the need for efficient power distribution systems. Significant investments in transmission and distribution infrastructure are enhancing the adoption of GIS technologies. Efforts to phase out coal and increase renewable energy share are promoting the adoption of advanced power distribution solutions.
   

Gas Insulated AC Switchgear Market Share

The top 5 players operating in gas insulated AC switchgear industry include ABB, Siemens Energy, Schneider Electric, General Electric, and Hitachi Energy which collectively hold over 40% of the market share. Leading companies in the GIS market are focusing on several strategic initiatives to enhance their market positions. Forming alliances and partnerships to collaborate on innovative solutions and expand market reach.
 

Investing in R&D to develop advanced GIS technologies, including SF6-free solutions and digital switchgear systems. Expanding manufacturing facilities to increase production capacity and meet growing demand. These companies leverage their technological expertise, extensive product portfolios, and strategic initiatives to maintain significant market shares across various regions and voltage segments.
 

Gas Insulated AC Switchgear Market Companies

• ABB has established a dominant presence in the GIS industry, particularly in the medium voltage segment. The company's commitment to innovation and a comprehensive portfolio of high-quality switchgear solutions contribute to its leadership position. The company reported sales of over USD 32.8 billion in 2024.
   
• GE's Grid Solutions division provides innovative GIS products, including the world’s first 420 kV, 63 kA g3 gas-insulated switchgear circuit breaker prototype, demonstrating its commitment to advancing grid technology.
   
• Schneider Electric offers a wide range of GIS solutions and has been actively involved in modernizing electrical distribution networks, particularly in regions like Europe. The company focuses on developing environmentally friendly GIS products to align with global sustainability goals. The company spent over USD 1.4 billion in FY2024 for research & development.
   
• Hitachi Energy offers a complete range of GIS products for all ratings and applications from 72.5 kV to 1200 kV. The company operates around four global business units and has local offices and research centers spanning 90 countries.
   
• Siemens Energy is a world-leading supplier of gas-insulated switchgear, with manufacturing facilities in Germany, China, and India. The company offers high-voltage switchgear and systems entirely free of SF6 and other potent greenhouse gases. The company had profit of over USD 684.39 million in Q2 2025.
   

Some of the key market players operating across the gas insulated AC switchgear industry are:

• ABB
• CG Power & Industrial Solutions
• Chint Group
• Eaton Corporation
• Fuji Electric
• General Electric
• HD HYUNDAI ELECTRIC
• Hitachi Energy
• Hyosung Heavy Industries
• Lucy Group
• Mitsubishi Electric Corporation
• Powell Industries
• Schneider Electric
• Siemens Energy
• Toshiba International Corporation
   

Gas Insulated AC Switchgear Industry News

• In May 2025, Hitachi Energy has announced it will deliver the world’s first SF6-free 550 kV gas-insulated switchgear (GIS), a major step toward reducing greenhouse gas emissions in power transmission. This innovative switchgear will use the company’s eco-efficient, fluoronitrile-based gas mixture as an alternative to sulfur hexafluoride (SF), a potent greenhouse gas. The project marks a significant advancement in sustainable power grid technology and aligns with global decarbonization efforts.
   
• In July 2024, Mitsubishi Electric received an order from Kansai Transmission and Distribution, Inc. for its innovative 84kV dry air insulated switchgear, marking a significant advancement in environmentally friendly power infrastructure. This new gas-insulated switchgear (GIS) utilizes vacuum interrupters and dry air insulation—both developed in-house—eliminating the need for sulfur hexafluoride (SF), a potent greenhouse gas. The synthetic dry air used has zero global warming potential, ensuring high safety and reliability while reducing environmental impact. Scheduled for delivery in March 2026, this order underscores Mitsubishi Electric's commitment to expanding its range of greenhouse gas-free products and supporting global carbon neutrality efforts.
   
• In September 2021, ABB has supplied its SafePlus Digital gas-insulated compact switchgear to the North Cairo Electricity Distribution Company, enhancing power reliability in northern Cairo. This initiative aligns with Egypt's Vision 2030, aiming to modernize the electricity sector through advanced technologies. The GIS SafePlus Digital switchgear offers modular configurations and a sealed system, ensuring high reliability and safety. Equipped with digital capabilities, it enables remote monitoring and diagnostics, reducing downtime and maintenance needs. Manufactured in Norway, it boasts a lifespan exceeding 30 years and meets high environmental standards, supporting Egypt's transition to a smart and sustainable grid.
   
• In April 2021, Siemens launched the 8DJH 24 switchgear alongside its ring main unit (RMU) for voltages up to 24 kV, marking a significant step toward eco-friendly power solutions. This medium-voltage switchgear operates using clean air insulation, a sustainable and climate-neutral alternative made solely from natural atmospheric components. By doing so, it entirely removes the need for sulfur hexafluoride (SF) or any fluorinated gas mixtures traditionally used for insulation.
   

The gas insulated AC switchgear market research report includes in-depth coverage of the industry with estimates & forecast in terms of “‘000 Units & USD Million” from 2021 to 2034 for the following segments:

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Market, By Voltage

• Low
• Medium
• High

Market, By Application

• Residential
• Commercial & Industrial
• Utility

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico 
• Europe
  • Germany
  • France
  • Russia
  • UK
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
• Latin America
  • Brazil
  • Argentina