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Gas Insulated Switchgear Market Size to Reach $33.53 billion by 2029 | MarketsandMarkets™

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DELRAY BEACH, Fla., Dec. 3, 2024 /PRNewswire/ — The global Gas Insulated Switchgear Market is anticipated to grow from estimated USD 24.93 billion in 2024 to USD 33.53 billion by 2029, at a CAGR of 6.1% during the forecast period. This is attributed to the increase in strength across the power distribution infrastructure to meet the high demand for electricity, in addition to increasing investments into renewables and industrial production. In addition, the rapid growth in the deployment of high-voltage direct current (HVDC) systems will further boost market expansion during this period.

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Outdoor segment, by Installation 

The outdoor gas-insulated switchgear (GIS) segment, under the category of installation, is expected to dominate the market in terms of share for the forecast period. Power consumption is on the rise, and that fuels expansion and modernization of power grids. These developments are increasing demand for outdoor GIS solutions. Outdoor GIS systems are mainly used in substations and switchyards. They are therefore best suited to applications where space constraints do not pose a problem for outdoor installation. Since outdoor GIS systems have widespread applications, outside hostile environmental conditions, they are likely to lead the market share as compared to indoor GIS systems.

Above 220 kV Voltage Segment, by Voltage Rating

The above 220 kV voltage segment is likely to dominate the gas-insulated switchgear (GIS) market because of its critical role in high-voltage transmission networks supporting bulk power transfers across long distances. This voltage category, therefore, will be fundamental to the integration of renewable energy sources such as wind and solar farms into the power grid, which are often far from the consumption centers. The segment is driven by the increasing global focus on grid modernization to accommodate expanding electricity demand as well as deliver stability and reliability within the grid system. Governments and utilities all around the globe are investing in EHV and UHV transmission infrastructure in order to reduce losses and improve efficiency, especially in regions like Asia-Pacific and Europe wherein large-scale renewable projects are unfolding. The above-mentioned 220 kV GIS is offered with a compact design, low maintenance needs, and the ability to operate in hard environmental conditions. That is why it is widely demanded in industrial plant applications, substations, and inter-regional transmission of power. It is a combination of all these factors that has led to the segment’s substantial market share.

Regional Analysis

The Asia Pacific region is likely to become the largest market for GIS, on account of rapid urbanization and industrialization, besides significant investments in the energy infrastructure of countries like China, India, Japan, and South Korea. These countries are characterized by ever-increasing electricity demand due to fast-growing urban populations and strong industrial growth. The tendency of governments in the region to focus on strengthening the grid in terms of reliability and efficiency through efforts at grid modernization, including the deployment of GIS, focuses the projects towards reducing losses with transmission and also accommodating renewable energy integration. China has by itself made significant commitments to achieve carbon neutrality by 2060 and installing 1,200 GW of wind and solar capacity by 2030, which translates into a huge prospect of GIS in high-voltage applications. Similarly, the ongoing electrification of rural regions as well as India’s aging power infrastructure further enhance the adoption of GIS. In addition, the vast population living in urban areas poses severe space issues, which makes GIS an ideal choice owing to its small size and low maintenance requirements. Favorable government policies, increasing investments in smart grid technologies, and development of high-speed rail networks and urban metro systems continue to add to the supremacy of the region in the GIS market.

Key Players

Key players in the global Gas Insulated Switchgear Market include ABB (Switzerland), Hitachi Ltd. (Japan), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).

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Schneider Electric

Schneider Electric is a global leader in energy management and automation solutions, and its leadership truly drives digital transformation across numerous industries. The company’s operation is mainly categorized under two segments: Energy Management and Industrial Automation. Under the Energy Management segment, Schneider Electric provides GIS solutions that can manage energy efficiently and reliably. This segment encompasses low voltage, medium voltage, and secure power solutions like those of similar economic and operational characteristics. Schneider Electric has a vast portfolio of products: residential buildings, commercial buildings, industries, infrastructures, and data centers. Within the medium voltage segment, Schneider Electric emphasizes its advanced GIS products, monitoring systems, power management software, transformers, remote control systems, and medium voltage/low voltage substations. One of its recent innovations is the RM AirSeT and SM AirSeT series, which illustrate the company’s interest in next-generation GIS technologies. Such cutting-edge products will highlight their eco-friendly performance along with digital capabilities-endeavoring to ensure Schneider Electric’s strong position in the GIS market.

ABB 

ABB is one of the leading technology companies in electrification, power grids, robotics, and industrial automation. The company caters to many industries, which include utilities, transportation, and infrastructure. ABB operates through four main segments: Electrification Products, Robotics & Discrete Automation, Process Automation, and Motion. The Electrification Products is a key source of income for ABB as it covers GIS together with other wide arrays of electrical solutions. These are circuit breakers, sensing devices, solar power systems, and EV charging infrastructure-physically all connected end-to-end in the whole electricity value chain, from a substation to an end-user. ABB has an extensive global presence with operations in more than 100 countries and over 300 manufacturing facilities around the globe. The company has shown unwaveringly that it keeps pace and even leads the industry on trends involving IoT and AI. The company, for instance, has collaborated with Samsung Electronics to create innovative solutions for energy-efficient intelligent energy management and IoT-based systems. Such initiatives place ABB at the heart of this developing GIS market, drawing forth advancement in technology and presenting solutions to modern power infrastructure needs.

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Algorized and ZHAW School of Engineering Launch Research on Predicting Human Movement Around Collaborative Robots, funded by InnoSuisse

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A two-year program studies how sensor fusion enhances human presence detection and safe human-machine interaction.

ETOY, Switzerland, Oct. 20, 2026 /PRNewswire/ — Robots working beside people need a reliable estimate of human movement. Their controllers also need to know how far they can trust that estimate. Algorized and ZHAW Zurich University of Applied Sciences Institute of Signal Processing and Wireless Communications ISC have launched a two-year research program to study both questions. The collaboration is funded by InnoSuisse.

The program, “Real-Time Human Perception via Edge-AI Wireless Sensor Fusion for Collaborative Robotics”, runs from September 2026 for two years. It builds on earlier research by Algorized and ISC on ultra-wideband (UWB) radar.

The program aims to combine raw wireless and optical signals in one fusion layer between a robot’s sensors and its controller. Researchers aim to weight each input by confidence and produce a calibrated estimate of a person’s position and predicted path.

Algorized processes raw data with one foundation model to detect human presence and classify whether it is a human or an object. The program tests whether combining raw inputs in sensor fusion, before each sensor makes its own decision, creates a holistic layer for the human-aware machines.

Each sensor type adds different information. UWB radar and Wi-Fi sensing can help detect a person behind a shelf or a machine. Millimeter-wave radar holds its lock through dust, steam, glare and darkness. RGB and time-of-flight cameras add spatial and semantic detail. The program studies how these inputs work together.

The research has four goals. The first three are to sense people in approach to the robot, tell living from non-living objects, and track and predict each person’s path. The fourth is to send the robot controller a graded instruction: continue, slow down, or stop. The inference target is under 100 milliseconds on standard industrial edge hardware. Algorized’s planned safety functions cover presence detection, localization and tracking.

A model of this kind needs its own training data. That data must come from real facilities with people moving through them. Researchers who understand the physics must interpret it. The goal is a core model that transfers across sensor types, vendors and sites without retraining for each deployment.

“Machines enter the physical world,” said Natalya Lopareva, CEO and Founder of Algorized. “For robots to coexist with humans, they need to understand the people around them. We are exploring every sensor and every layer of compute to make shared spaces safe. That takes research, and we are doing it together with the ISC at the ZHAW School of Engineering.”

“The program brings ISC sensing research into real industrial sites. Researchers will combine radar, Wi-Fi, and optical signals to distinguish approaching people from other objects and then estimate the person’s position and movement. The program investigates how the reliability of this estimation can be measured and how to predict where a person will go next,” said Marc Kuhn, Deputy Head of ISC at the ZHAW School of Engineering.

About Algorized

Algorized builds the edge-native nervous system for Physical AI. Its foundation model senses human presence, vital signs, and intent through occlusion – delivering real-time human-aware perception from standard wireless sensors, where cameras and light-based systems go blind. Backed by the Amazon Industrial Innovation Fund and rooted in four years of Swiss sensing research, Algorized partners with silicon manufacturers and industrial OEMs across robotics, automotive, and smart spaces. Learn more at www.algorized.com.

About the ZHAW School of Engineering

The School of Engineering is one of eight schools of the ZHAW Zurich University of Applied Sciences. With 14 institutes and centres, the ZHAW School of Engineering is one of Switzerland’s leading institutions for technical education and research. It provides high-quality degree programmes and continuing education and develops innovative solutions for industry, focusing on the areas of energy, mobility, information and health.

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Yoodli Named 2026 Inc. Power Partner for Helping Enterprise Teams Build Skills That Show Up on the Job

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Recognition follows a year in which Yoodli customers including Google and Intuit earned 11 Brandon Hall Group awards for programs built on Yoodli

SEATTLE, Oct. 20, 2026 /PRNewswire/ — Yoodli, the AI Platform for Human Skills, has been named a winner of the 2026 Inc. Power Partner Awards, which recognize the B2B companies that entrepreneurs and businesses rely on to grow.

Inc. selected this year’s honorees for a proven track record of helping companies build and scale, across areas from hiring and compliance to technology, fundraising, and marketing.

“Business owners have no shortage of tools at their disposal, and B2B companies need to make clear why their products and services are worth the investment,” says Bonny Ghosh, editorial director at Inc. “The companies on this year’s Power Partners list have done just that. They don’t just have customers, they have superfans and evangelists. Across industries like marketing, financial services, and technology, they’ve proved their dedication to helping fellow business owners grow and succeed.”

“The best validation we get isn’t an award for Yoodli. It’s watching our customers’ teams get recognized for the work they do with us,” said Varun Puri, co-founder and CEO of Yoodli. “Organizations are under real pressure to get their people ready for an AI-first world, and practice alone doesn’t get them there. Our job is to help skills carry over into the moments that matter, and to show leaders the results.”

“Being a Power Partner means our customers’ results are the scoreboard,” said Mike Rich, head of partnerships at Yoodli. “We work alongside training firms, consultancies, and enablement leaders who build skills programs for their own clients. Together we create immersive training experiences and demonstrate measurable outcomes.”

“Every training company says their program works. The hard part is proving it,” said Jeff Bittner, senior director of digital and AI at Braintrust and a member of Yoodli’s Customer Advisory Board. “In two and a half years with Yoodli, we’ve mastered it. Every seller starts with a baseline and a personal record to beat, allowing us to coach the cause instead of the symptom. We’ve seen enterprise clients with hundreds of users adopt at 96%, and others increase their connection level from 22% to 67% in three months. That’s what a real partner does. We make our clients better by providing tools that move the needle.”

Yoodli was recognized for the measurable outcomes its customers have achieved in 2026. Google’s GBOedu Commercial Enablement team won seven awards at the 2026 Brandon Hall Group HCM Excellence Awards (three gold, three silver, one bronze) for scaling AI roleplay practice across its sellers with Yoodli. Intuit’s Global Sales Enablement team earned four Brandon Hall Group awards for programs powered by Yoodli, including gold in Learning & Development Strategy and in Leadership Development.

The company also reached several milestones this year. Yoodli was named to TIME’s Best Inventions of 2026 in the Education category and to LinkedIn’s 2026 Top Startups list for Seattle. It grew past 100 employees and moved into a new headquarters at Pier 70 on the Seattle waterfront. Organizations including Google, Snowflake, Databricks, and Intuit use Yoodli to coach, train, and measure skills across their workforce.

For more information on Inc.’s Power Partner Awards or to view the complete list of honorees, visit inc.com/power-partner-awards.

About Yoodli

Yoodli is the AI Platform for Human Skills. Through AI coaching, learning journey creation, roleplays, personas, and measurement, Yoodli helps people get measurably better in their careers and helps organizations upskill their workforce for an AI-first world. Proven in high-stakes revenue teams and built for company-wide scale, Yoodli is used by organizations including Google, Snowflake, Databricks, and Intuit. Learn more at yoodli.ai.

Media Contact:
Sage Quiamno
press@yoodli.ai
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RBC tops JD Power Retail Banking Satisfaction Study among Big Five banks for third consecutive year

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TORONTO, Oct. 20, 2026 /CNW/ — RBC is pleased to be named Highest in Customer Satisfaction Among the Big Five Retail Banks by JD Power for the third year in a row, and the fourth time in five years. The recognition stems from the JD Power 2026 Canada Retail Banking Satisfaction StudySM, which gathers feedback from thousands of retail banking customers nationwide.

“The trust clients place in us reveals itself in moments big and small, and this study captures that,” said Erica Nielsen, Group Head, Personal Banking, RBC. “We are grateful to our clients who continue to choose RBC, and this award belongs to the employees who show up for them with care and expertise.”

RBC earned an Overall Satisfaction score of 619, finishing nine points ahead of the Big Five average of 610 and holding the number one position among the Big Five across all seven dimensions measured in the study, including Digital Channels and Problem Resolution. The bank’s eight-point improvement outpaced the industry average gain. RBC stands out most in Level of Trust, Account Offerings meeting my needs, and Allowing me to bank how and when I want, where it holds significant leads over the average.

The study also points to continued momentum, with RBC building on its strengths in Digital Channels and Account Offerings, along with improvements in Online Chat, New Account Opening, Product/Fees, and Convenience.

“We keep the client at the centre of everything we do, and that focus is reflected in the areas where we are leading. Whether someone is opening an account online, chatting with us through our digital channels, or sitting down with an advisor, we look across every part of RBC to make sure each experience is built around them. I want to thank our teams across the country for making that commitment felt every day.”

The JD Power 2026 Canada Retail Banking Satisfaction Study drew on responses from 14,038 retail banking customers surveyed in two waves between January and February and between July and August 2026.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 105,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

For more information, please contact:
Habiba Ahmad, RBC Communications, 437-993-3245

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