Gas-Insulated Transmission Lines (GIL) Market Size Is Rising Tremendously Due To Growing Technological Developments And Large-Scale Industries In Metro Cities Till 2028 | Million Insights

July 19 10:30 2019
Gas-Insulated Transmission Lines (GIL) Market Size Is Rising Tremendously Due To Growing Technological Developments And Large-Scale Industries In Metro Cities Till 2028 | Million Insights

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According to new report available with Million Insights, Gas-insulated transmission lines market is driven by rise in demand by large-scale industries for high voltage lines in the metro cities. It is also anticipated that the gas insulated transmission lines (GIL) market will rise at a double-digit CAGR during the estimated period since the market is future-enabled for technical solutions for transmission.

The global Gas-Insulated Transmission Lines (GIL) Market is anticipated to grow at a significant rate during the forecast period. With the rise in technological developments in the energy sector, the gas-insulated transmission lines have gained a tremendous importance in the past few years. The difference between solid insulation cables and gas insulated transmission lines leads in choosing a good alternative energy transmission in cases where overhead lines find limited use.

While transmission over long distances, overhead lines are pretty economical and tend to be practical for electricity transmission. In urban settings, where overhead lines cannot be used, underground cables have been used for electricity transmission. Paper insulated oil filled cables capable of operating upto 300kV and solid insulation cross linked polyethylene capable of operating upto 500kV are used.

Full Research Report On Global Gas-Insulated Transmission Lines (GIL) Market Analysis available at: https://www.millioninsights.com/industry-reports/gas-insulated-transmission-lines-gil-market

Gas-insulated transmission lines market is driven by rise in demand by large-scale industries for high voltage lines in the metro cities. In addition, emergence of high voltage projects led by features such as flexibility, safety, low mutual capacitance, overload capability and low maintenance are driving the market growth during the forecast period.

Easy installation at public places and robust encapsulation adds to the market growth. It is also anticipated that the gas insulated transmission lines (GIL) market will rise at a double-digit CAGR during the estimated period since the market is future-enabled for technical solutions for transmission.

By installation method, the gas-insulated transmission lines (GIL) market segmentation comprises tunnel installation, direct burial, aboveground installation and vertical installation. Application category for gas insulated transmission lines (GIL) market segmentation comprises oil industry, electrical industry, cement industry, textile industry, mining industry and chemical industry.

Geographical segmentation for gas-insulated transmission lines (GIL) Industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. APAC sector dominates the market growth during the forecast period due to rise in high voltage projects. China and India are favourable regions. Europe market is anticipated to rise at a staggering CAGR during the forecast period owing to cumulative growth and rise in number of high voltage projects. North America market is anticipated to grow at a significant CAGR during the forecast period owing to government regulations for safety.

The key players profiled in the gas-insulated transmission lines (GIL) market report are AZZ Inc, Siemens AG, Jiangnan Group Limited, RWE AG, Group Cobra, L&T Construction and General Electric.

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Market Segment:

Leading players of Gas-insulated Transmission Lines (GIL) 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
• Oil 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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