Do. Dez. 26th, 2024

India gas insulated switchgear market is projected to witness a CAGR of 7.21% during the forecast period FY2025-FY2032, growing from USD 1.55 billion in FY2024 to USD 2.70 billion in FY2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

India gas-insulated switchgear (GIS) market is experiencing significant growth, driven by the increasing demand for reliable and compact power infrastructure. Rapid urbanization and the expansion of the power sector are key contributors to this rising demand for gas-insulated switchgear. As demand for electricity rises in metropolitan cities and the power grid becomes increasingly complex, particularly in areas like Mumbai, Delhi, and Bangalore, the need for efficient gas-insulated switchgear intensifies. There is a clear shift toward space-efficient solutions such as GIS. These systems offer superior reliability compared to traditional air-insulated switchgear because GIS is enclosed in a sealed environment, protecting it from external damage and environmental factors.

Additionally, advancements in GIS technology, such as automated digital tracking systems for performance optimization and predictive maintenance, are set to propel market growth in the coming years. The emphasis on reducing transmission and distribution losses further boosts the demand for GIS. As manufacturers continuously innovate and integrate real-time monitoring and automation technologies, the competitive landscape for GIS in India remains dynamic, with new developments pushing the market forward.

For instance, in July 2022, Hitachi Energy Limited signed a contract with Adani Electricity Mumbai Infra to install a high-voltage direct current (HVDC) transmission system connecting Kudus to Mumbai. The link is set to provide up to 1,000 MW of electricity, increasing the city’s power capacity by 50%.

Electricity Consumption Growth Propels Demand of Gas Insulated Switchgear

As India’s economy continues to grow, the demand for electricity consumption will rise. Industries, businesses, and households increasingly rely on electricity for operations, which will lead to a surge in the power demand. As per International Energy Agency (IEA), India electricity consumption is expected to rise by 6% annually. The economic expansion will lead to technological advancements such as electric vehicles and smart appliances, which require reliable and efficient power distribution systems, which will accelerate the adoption of gas insulated switchgear.

Furthermore, in urban areas, space is limited, and GIS system offers compact and reliable solutions for power distribution, which makes them essential in growing population in large cities. Government initiatives such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) target to improve electricity access in rural regions, creating an increased need for reliable switchgear technology. GIS technology is especially advantageous in areas due to its robust performance in varying environmental conditions and reduced maintenance requirements. Moreover, as urban cities expand and rural electrification rises, the demand for GIS will significantly increase, making them crucial component in India’s Energy Infrastructure.

For instance, in May 2024, Siemens announced an investment of around USD 120 million to expand its GIS manufacturing facilities of the Power Transformer factory in Kalwa and Vacuum Interrupter factory in Goa. The expansion aims to meet the rising demand for efficient power distribution solutions.

Technological Innovations and Safety Enhancements Acting as a Catalyst

Rapid advancement in automation and digitalization within power systems is increasing the demand for gas-insulated switchgear (GIS). Modern GIS systems include smart monitoring and remote-control capabilities enabling real-time data collection and faster response in case of outages or irregularities in the grid., The upcoming modernization is crucial as India aims to improve its power infrastructure, especially amid increasing electricity demand. Moreover, advancements in insulation materials and safety features have improved the overall safety performance of GIS systems, reducing risks related to arc flash incidents and environmental hazards. This makes GIS essential for urban areas where safety and space efficiency are paramount.

Furthermore, the growing emphasis on renewable energy also plays a vital role. With India’s ambitious goal of achieving 500 GW of renewable energy capacity by 2030, GIS systems are becoming essential for managing the variability associated with solar and wind power generation. They are increasingly used in substations that support large-scale renewable projects, notably in regions that experience harsh environmental conditions. Also, the increasing need to replace aging infrastructure underscores the demand for GIS, which offers a compact and efficient alternative to traditional switchgear.

Additionally, the growing regulatory focus on reducing greenhouse gas emissions drives innovation in GIS technologies, with newer systems increasingly adopting alternatives to sulfur hexafluoride (SF6) to meet environmental standards. As companies strive to comply with these regulations, GIS technology is becoming a more viable option for sustainable energy management.

For instance, in February 2023, ABB India launched the PrimeGear ZX0, an eco-efficient switchgear built on ABB’s SF6-free ecoGIS technology. By utilizing alternatives to SF6, ecoGIS reduces global warming potential by 100%.

Dominance of High Voltage Gas Insulated Switchgear (GIS)

In India, high-voltage GIS is vital for the country’s energy infrastructure due to increasing energy needs, efficient space utilization, improved safety, and increasing power consumption. High-voltage gas insulated switchgear (GIS) have cemented their dominance with strong statistics in the India market. With India’s economy expanding quickly, there is a substantial increase in the need for electricity. The increase in energy usage requires strong and effective power distribution systems. High-voltage GIS has a compact design, which makes it ideal for installation in populated urban areas with space constraints. Moreover, high-voltage GIS systems are recognized for their features, such as dependability and safety, which are essential for sustaining a continuous power supply to vital infrastructure and industries. As India aims to incorporate additional renewable energy sources such as solar and wind into its grid, high-voltage gas insulated switchgear plays a crucial role in effectively managing these diverse energy inputs. GIS technology aids the country in achieving its targeted renewable energy objectives.

Additionally, government initiatives such as the National Smart Grid Mission are also encouraging the use of advanced switchgear technologies. Government efforts promote the investment in advanced high-voltage GIS technology to upgrade the power industry, in line with the overall energy plan.

For instance, in February 2024, Godrej Electricals & Electronics, a unit of Godrej & Boyce, announced the completion of Mumbai’s first 400kV gas insulated switchgear (GIS) substation which will significantly enhance the city’s energy capacity by 1,500 MVA.

West and Central Region Dominates Gas Insulated Switchgear Share

West and Central India is the dominant region in the gas insulated switchgear (GIS) market, primarily driven by rapid industrialization and urban development. States such as Maharashtra and Gujarat lead the sector due to their high concentration of industries, including oil and gas industries, manufacturing, and utilities, which require reliable power distribution systems. For instance, Mumbai is a key commercial hub, depending heavily on advanced switchgear technologies to manage its extensive electrical grid, which supports millions of residents and businesses.

Moreover, Gujarat is recognized for its aggressive renewable energy initiatives aiming to generate over 30 GW of solar and wind power by 2025, necessitating sophisticated GIS solutions to integrate these sources efficiently into the grid. The region’s robust infrastructure, including ports and logistics networks, further propels the installation and maintenance of GIS systems. Additionally, ongoing government projects and investments in smart grid technology are set to enhance the demand for GIS in India, aligning with the nation’s overall energy strategy. The focus on modernization and sustainability solidifies the region’s position as a leader in the GIS market.

For instance, in April 2024, Godrej & Boyce received an order exceeding USD 1000 million for a 400 kV gas insulated switchgear or GIS substation project in Mumbai. The project aims to enhance the efficiency of power distribution in one of India’s busiest urban centers and help in meeting the future demand of the city.

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Future Market Scenario (FY2025 — FY2032F)

  • Innovations in GIS technology, such as improved reliability, reduced footprint, and enhanced safety features, will boost the adoption rates of the technology in the forecast period.
  • The private sector is also showing a growing interest in GIS technologies, with companies like Godrej & Boyce actively expanding their capabilities in high-voltage applications.
  • India’s economy continues to grow, and the demand for electricity is expected to rise. The demand necessitates the development of efficient and reliable power distribution systems making GIS a vital component of the energy infrastructure.
  • Rapid urban development in cities increases the need for compact, efficient power distribution systems, with GIS ideal for densely populated areas.

Report Scope

“India Gas Insulated Switchgear Market Assessment, Opportunities and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of India gas insulated switchgear market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

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