U.S. Gas-Insulated Switchgear Market Future Prospects
The U.S. gas-insulated switchgear market value is expected to advance from USD 6.4 billion in 2024 to USD 10.8 billion in 2032 at a CAGR of 6.9% during 2025–2032.
The key drivers for the market are the expansion of the transmission & distribution infrastructure, overhauling of the existing grid, setup of industrial facilities, government support for energy independence and rising production of renewable electricity. Further, advanced GIS is now available that offers higher safety, more reliability and lower maintenance expenses.
The rapid shift to renewable energy is a key driver for the market as GIS allows cleaner sources of electricity to be fed to the grid better. Apart from being reliable, gas-insulated switchgear is able to stabilize the variable output of from solar and wind power plants. As per the U.S. Energy Information Administration (EIA), the country is expected to produce 286 billion kilowatt-hours (kWh) of solar energy in 2025, compared to 163 billion kWh in 2023.