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Gas-insulated Transmission Lines (GIL) Market Development Factors and Growth Overview

The global gas-insulated transmission lines (GIL) market is anticipated to grow at a significant rate during the forecast period.

ID: 1554234
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(businesspress24) - 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.

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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gas, insulated-transmission-lines-gil-market, energy, gas, insulated-transmission-lines, gas, insulated-transmission-lines-industry, energy-market, energy-industry,

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published by: unnati_gade
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Date: 11/26/2019 - 10:07
Language: English
News-ID 1554234
Character count: 2166
Firma: Million Insights
Ansprechpartner: Tom Clark Feedback to about Pressrelease-id:
Stadt: Felton
Telefon: 14086102300

Meldungsart: Financial
Versandart: send
Freigabedatum: 26.11.2019

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