Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Gas-insulated Switchgear market in this environment.
In terms of revenue, this research report indicated that the global Gas-insulated Switchgear market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Gas-insulated Switchgear industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ABB aims at producing XX Gas-insulated Switchgear in 2020, with XX % production to take place in global market, ????Siemens accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Gas-insulated Switchgear Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Gas-insulated Switchgear Market?
ABB
Siemens
ALSTOM
CG
GE
Mitsubishi
Fuji Electric
Schneider
Hyundai
NHVS
CHINT Group
Hitachi
Toshiba
Pinggao Electric
Xi'an XD
Sieyuan Electric
Shanghai Zonfa Electric
Shandong Taikai
...
Major Type of Gas-insulated Switchgear Covered in XYZResearch report:
Up to 38 KV
38 KV-72KV
72 KV-150KV
Above 150 KV
Application Segments Covered in XYZResearch Market
Industry Applications
Power Transmission
Integration to The Grid
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Gas-insulated Switchgear Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Up to 38 KV -Product Introduction and Major Manufacturers
1.1.2 38 KV-72KV -Product Introduction and Major Manufacturers
1.1.3 72 KV-150KV -Product Introduction and Major Manufacturers
1.1.4 Above 150 KV -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Gas-insulated Switchgear Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Gas-insulated Switchgear Market
3.1.1 Top Companies leading Gas-insulated Switchgear Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Gas-insulated Switchgear Market
3.2.1 Top Companies leading Gas-insulated Switchgear Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Gas-insulated Switchgear Market
3.3.1 Top Companies leading Gas-insulated Switchgear Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Gas-insulated Switchgear Market
3.4.1 Top Companies leading Gas-insulated Switchgear Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Gas-insulated Switchgear Market
3.5.1 Top Companies leading Gas-insulated Switchgear Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Gas-insulated Switchgear Market
3.6.1 Top Companies leading Gas-insulated Switchgear Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Gas-insulated Switchgear Market
3.7.1 Top Companies leading Gas-insulated Switchgear Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Gas-insulated Switchgear Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Gas-insulated Switchgear Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Gas-insulated Switchgear Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Gas-insulated Switchgear Sales and Growth Rate (2021-2026)
5.2 Global Gas-insulated Switchgear Sales Value and Growth Rate (2021-2026)
6 Gas-insulated Switchgear Competitive Analysis
6.1 ABB
6.1.1 ABB Company Profiles
6.1.2 ABB Product Introduction
6.1.3 ABB Gas-insulated Switchgear Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Siemens
6.2.1 Siemens Company Profiles
6.2.2 Siemens Product Introduction
6.2.3 Siemens Gas-insulated Switchgear Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 ALSTOM
6.3.1 ALSTOM Company Profiles
6.3.2 ALSTOM Product Introduction
6.3.3 ALSTOM Gas-insulated Switchgear Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 CG
6.4.1 CG Company Profiles
6.4.2 CG Product Introduction
6.4.3 CG Gas-insulated Switchgear Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 GE
6.5.1 GE Company Profiles
6.5.2 GE Product Introduction
6.5.3 GE Gas-insulated Switchgear Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Mitsubishi
6.6.1 Mitsubishi Company Profiles
6.6.2 Mitsubishi Product Introduction
6.6.3 Mitsubishi Gas-insulated Switchgear Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Fuji Electric
6.7.1 Fuji Electric Company Profiles
6.7.2 Fuji Electric Product Introduction
6.7.3 Fuji Electric Gas-insulated Switchgear Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Schneider
6.8.1 Schneider Company Profiles
6.8.2 Schneider Product Introduction
6.8.3 Schneider Gas-insulated Switchgear Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Hyundai
6.9.1 Hyundai Company Profiles
6.9.2 Hyundai Product Introduction
6.9.3 Hyundai Gas-insulated Switchgear Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 NHVS
6.10.1 NHVS Company Profiles
6.10.2 NHVS Product Introduction
6.10.3 NHVS Gas-insulated Switchgear Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 CHINT Group
6.12 Hitachi
6.13 Toshiba
6.14 Pinggao Electric
6.15 Xi'an XD
6.16 Sieyuan Electric
6.17 Shanghai Zonfa Electric
6.18 Shandong Taikai
7 Conclusion
The Gas Insulated Medium Voltage Switchgear Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landsc...
The Structural Insulated Panels Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufac...
This report gives an insight into the global Switchgear Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall market size. We ...
This report gives an insight into the global Switchgear Monitoring System Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall...
Overview of the Global Insulated Automotive Window Film Market:
The report discusses everything a marketer requires before investing in the global Insulated Automotive Window Film Market during the forecast period 2...
The global Stainless Insulated Containers market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market playe...
The global Insulated Water Bottles market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in t...
The global Insulated Lunch Box market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this ...
The global Thermal Insulated Carafes market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in...
The global Insulated Food Container market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in ...