Global Gas Insulated Switchgear Market Size to Expand at a CAGR of 8% during 2020-2025
According to the latest report by IMARC Group titled, “<strong>Gas Insulated Switchgear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025</strong>”, the gas insulated switchgear (GIS) market to exhibit a CAGR of around 8% during 2020-2025.
A gas insulated switchgear (GIS) is a metal-enclosed structure that comprises high-voltage components, such as circuit-breakers and disconnectors and sulfur hexafluoride gas. It is compact and requires less operation and maintenance costs as compared to an air insulation switchgear.