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Gas insulated substation market worth $29.5 billion by 2023

The global gas-insulated substation market is projected to reach a size of USD 29.5 billion by 2023, at a CAGR of 9.27%, from an estimated USD 18.9 billion in 2018. This can be attributed to the growth in renewable power generation, increasing investments in the transmission & distribution infrastructure, the rise in energy demand and limitations of space availability in densely populated urban areas, and government initiatives toward improving electricity access.<br>https://www.marketsandmarkets.com/Market-Reports/gas-insulated-substation-market-222051400.html

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Gas insulated substation market worth $29.5 billion by 2023

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