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Energy Sector To Boost Gas Insulated Transmission Lines Market By 2028
Published On: September 4, 2019

The global gas insulated transmission lines market is expected to witness a substantial growth by 2028. This could be credited to energy sector being subject to loads of technological developments. Gas insulated transmission lines have an edge over solid insulation cables such that they overpower the barriers caused due to overhead lines. For instance – In the urban set-up, using overhead lines may not be feasible due to space restraints. This is where gas insulated transmission lines come into picture.

Moreover, large-scale industries do ask for high voltage lines in metros. Plus, high voltage projects are driven by low mutual capacitance, safety, flexibility, low maintenance, and overload capability. These are the other factors driving the gas insulated transmission lines market. The catalyzing factors include ease of installation at the public places; followed by robust encapsulation. The market is also all set to welcome innovations on these grounds.

Tidbits

•    Asia Pacific will lead the market in the years to come due to rapid urbanization.
•    Market players are focusing on amalgamation of organic and inorganic growth to sustain themselves amidst fierce competition.

The players contributing to the market include Beta Engineering; General Electric; L&T Construction; Grupo COBRA; RWE AG; AZZ Inc.; TBEA Energy (India) Private Limited; Jiangnan Group Limited; and Siemens AG. Siemens has developed a novel gas insulated DC transmission line better known as Compact Transmission Line to be laid underground. This line has been designed for transmission of around 5 GW of power (per system). The project has been supported by the German Federal Ministry for Economic Affairs and Energy (BMWi). It has offered $4 million for the same.

Access full report on global Gas Insulated Transmission Lines Market: https://www.millioninsights.com/industry-reports/gas-insulated-transmission-lines-market

Contact:
Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone:1-408-610-2300
Email: [email protected]