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GAS INSULATED TRANSFORMER MARKET ANALYSIS

Gas Insulated Transformer Market, By Voltage Rating (Low Voltage, Medium Voltage, and High Voltage), By Cooling Type (Oil-Cooled and Air-Cooled), By End User (Power Transmission and Distribution , Industrial , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Aug 2024
  • Code : CMI5232
  • Pages :162
  • Formats :
      Excel and PDF
  • Industry : Semiconductors

Key Developments

  • In May 2022, Arteche, a leading global player in the electricity sector founded in 1946, and Hitachi Energy, a Swiss technology leader focused on sustainable energy solutions, received regulatory approval to finalize their joint venture, Arteche Hitachi Energy Instrument Transformers S.L. This new entity succeeds Arteche Gas Insulated Transformers (AGIT) and aims to accelerate the development of sustainable, environment-friendly gas-insulated transformers, with Arteche holding a 51% stake and Hitachi Energy owning 49%.
  • In December 2021, Pfiffner, a manufacturer known for its innovative solutions in electrical engineering, and Trench Group, a leader in high voltage technology, jointly announced their commitment to developing SF6-free transformers. Traditionally, SF6 has been utilized for its safety properties in AIS High Voltage Instrument Transformers; however, it is recognized as a potent greenhouse gas that contributes to global warming when released into the atmosphere.

*Definition: The global gas insulated transformer market involves the manufacturing and sales of gas insulated transformers across various regions worldwide. Gas insulated transformers provide high reliability and safety as they use sulfur hexafluoride gas to insulate the transformer equipment. They take up less space compared to traditional oil-filled transformers. The global market consists of major players manufacturing and selling SF6 gas insulated distribution and power transformers primarily used in utilities, industrial plants, commercial buildings, and underground applications where space is at a premium.

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