Gas-insulated Transmission Lines (GIL) Market Trends & Future Scope to 2028
8th
May 2019 – Gas-insulated transmission lines (GIL) are the
safe and flexible substitute on high lines and takes less space while providing
the same power transmission. Since they barely affect on the landscape, and
their minimal electromagnetic radiation means they can also be used close to,
or even within buildings.
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.
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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.
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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