MOUNTAIN VIEW, Calif., May 6, 2026 /PRNewswire/ — Cyngn (NASDAQ: CYN) will announce its first quarter 2026 financial results for the period ended March 31, 2026, on Wednesday, May 13, 2026, after the close of market.

The financial results will be available on the Cyngn website under “News & Events” at https://investors.cyngn.com/.  The Company will not host an earnings call.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com 

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com 

Where to Find Cyngn:

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 26, 2026. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-announces-date-for-first-quarter-2026-financial-results-302763635.html

SOURCE Cyngn

MOUNTAIN VIEW, Calif., May 6, 2026 /PRNewswire/ — Cyngn (NASDAQ: CYN) will announce its first quarter 2026 financial results for the period ended March 31, 2026, on Wednesday, May 13, 2026, after the close of market.

The financial results will be available on the Cyngn website under “News & Events” at https://investors.cyngn.com/.  The Company will not host an earnings call.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com 

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com 

Where to Find Cyngn:

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 26, 2026. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-announces-date-for-first-quarter-2026-financial-results-302763635.html

SOURCE Cyngn

MOUNTAIN VIEW, Calif., May 6, 2026 /PRNewswire/ — Cyngn (NASDAQ: CYN) will announce its first quarter 2026 financial results for the period ended March 31, 2026, on Wednesday, May 13, 2026, after the close of market.

The financial results will be available on the Cyngn website under “News & Events” at https://investors.cyngn.com/.  The Company will not host an earnings call.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com 

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com 

Where to Find Cyngn:

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 26, 2026. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-announces-date-for-first-quarter-2026-financial-results-302763635.html

SOURCE Cyngn

A zero-emission solution is a vital step towards the decarbonisation of construction logistics.

SÖDERTÄLJE, Sweden, May 6, 2026 /PRNewswire/ — Scania, Unicon – Denmark’s leading producer and supplier of ready-mixed concrete – and Liebherr-Mischtechnik have jointly developed and deployed a fully electric solution for concrete transport. It is a hugely important addition to the segment that demonstrates how even one of the most energy-intensive and complex transport applications can be electrified in real-world operations, moving beyond projects towards scalable deployment.

The solution combines a battery-electric Scania truck with a fully integrated electric concrete mixer system. By enabling zero tailpipe emissions in demanding building site environments, the project provides an emphatic argument for the decarbonisation of construction logistics.

Concrete transport has long been considered one of the most challenging segments to electrify due to its high energy demand, variable operating conditions, and the need to power auxiliary equipment such as mixers. The solution developed by Scania, Unicon, and Liebherr addresses these challenges through a systems approach, where the vehicle, application, and energy use are optimised together.

“This project shows that electrification is not limited to standard applications. It can be applied where it matters most,” says Tobias Ejderhamn, Global Manager, Transformation & New Business, Scania. “By combining our modular electric platform with deep application expertise and close customer collaboration, we are demonstrating a viable path towards zero-emission transport, even in the most demanding use cases.”

A key enabler is the fully integrated electric power take-off (ePTO), which powers the concrete drum directly from the truck’s battery system. This creates a fully electric, end-to-end solution tailored specifically for concrete operations. Developed over a three-year period, the vehicle is designed to meet the requirements of real-world use, including off-road driving conditions and continuous mixing.

With an installed battery capacity of up to 400 kWh, the vehicle is adapted to typical concrete distribution routes and offers an operational range of around 200 kilometres. The configuration has been optimised using route simulations and energy modelling to ensure performance and efficiency in daily operations.

For Unicon, the deployment marks a decisive step towards scaling zero-emission transport.

“This is not a pilot, it is a solution designed for daily operations and future scale,” says Christian Elleby, Supply Chain & Procurement Director at Unicon. “We are taking solid steps to reduce emissions in construction logistics, and this collaboration shows what is possible when the right partners and technologies come together.”

Scania and Unicon are already preparing to expand the deployment, with an additional 10 electric vehicles on order and planned for operation in the coming years. By 2027, Unicon aims to operate a significantly larger electric fleet, supporting its ambition to achieve only emission-free concrete transport by 2035.

The cooperation reflects Scania’s broader strategy to lead the shift towards sustainable transport systems through customised solutions, strong partnerships, and a holistic approach to electrification.

“As the transition accelerates, the industry must move beyond pilots and into scalable solutions,” says Tobias Ejderhamn. “This project shows how electrification can deliver real impact – reducing emissions, improving working conditions, and enabling more sustainable cities.”

By enabling zero-emission transport in construction logistics, the solution contributes to lowering urban emissions and advancing the decarbonisation of the built environment.

For further information, please contact:
Alexandra Österplan
Marketing Communications Manager, Electrification Portfolio
Phone: +46 735 667 121 
E-mail: alexandra.osterplan@scania.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/scania/r/scania-and-unicon-demonstrate-fully-electric-concrete-transport-in-real-world-operations,c4345112

The following files are available for download:

 

Cision View original content:https://www.prnewswire.com/news-releases/scania-and-unicon-demonstrate-fully-electric-concrete-transport-in-real-world-operations-302764039.html

SOURCE Scania

DELRAY BEACH, Fla., May 6, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global Gas-Insulated Switchgear Market size is projected to grow from USD 28.00 billion in 2026 to USD 38.36 billion by 2031 at a compound annual growth rate (CAGR) of 6.5% during the forecast period.

MarketsandMarkets Logo

Browse 275 market data Tables and 70 Figures spread through 320 Pages and in-depth TOC on “Gas-Insulated Switchgear Market – Global Forecast to 2031”

The steady expansion of the global Gas-Insulated Switchgear Market underscores the increasing demand for reliable, compact, and efficient power distribution systems, particularly in urban and space-constrained environments. The strong growth trajectory is primarily supported by favorable government policies, increasing investments in power transmission and distribution infrastructure, and the growing need to integrate renewable energy sources amid global decarbonization targets. As countries accelerate electrification and grid modernization efforts to meet net-zero commitments, gas-insulated switchgear is emerging as a critical enabler, particularly in regions with high population density and limited space for conventional substations.

Furthermore, the anticipated market expansion reflects a transition toward advanced and sustainable grid infrastructure, driven by technological advancements and improving system efficiency. The moderate growth rate also indicates steady investment confidence, as utilities and industries increasingly adopt gas-insulated switchgear solutions. Advancements in SF6-free technologies, digital monitoring systems, and compact substation designs are expected to drive operational improvements and reduce environmental impact, making systems more aligned with evolving regulatory requirements. In parallel, strengthening supply chains, increasing investments in smart grid infrastructure, and growing collaboration across utilities, manufacturers, and technology providers are further reinforcing the market’s scalability. Collectively, these factors position the Gas-Insulated Switchgear Market as a critical segment within the global power infrastructure landscape over the coming decade.

Gas-Insulated Switchgear Market Size & Forecast:

  • Market Size Available for Years: 2021–2031
  • 2025 Market Size: USD 26.90 billion
  • 2031 Projected Market Size: USD 38.36 billion
  • CAGR (2025–2030): 6.5%

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234770702

Outdoor installation segment held the largest share of the Gas-Insulated Switchgear Market in 2025

The outdoor installation segment held the largest share of the Gas-Insulated Switchgear Market in 2025, primarily due to its widespread application in high-voltage transmission and distribution networks. Outdoor GIS systems are designed to operate reliably under diverse environmental conditions, including extreme temperatures, humidity, and pollution, making them suitable for large-scale utility and infrastructure projects. Their ability to support high-voltage operations and integrate efficiently with grid expansion initiatives has accelerated their adoption across key markets such as Asia Pacific, Europe, and North America. Additionally, outdoor GIS installations benefit from robust construction and lower space constraints compared to indoor systems, enabling deployment in utility substations and remote locations. Their compatibility with grid modernization efforts and renewable energy integration further strengthens their economic viability by improving system reliability and operational efficiency. As a result, utilities and infrastructure developers are increasingly prioritizing outdoor GIS solutions, thereby reinforcing their dominant market position.

SF6-free insulation segment is likely to be the fastest-growing during the forecast period

The SF6-free segment, based on insulation technologies, such as clean air, vacuum, or fluoronitrile-based mixtures, is expected to be the fastest-growing during the forecast period due to increasing environmental regulations and sustainability targets. Traditional SF6 gas is widely recognized for its high global warming potential, leading governments and regulatory bodies to introduce stricter policies to reduce its usage in power equipment. As a result, utilities and grid operators are actively shifting toward SF6-free solutions to align with decarbonization goals and future-proof their infrastructure. In addition, continuous technological advancements have improved the performance, safety, and reliability of SF6-free GIS, making it a viable replacement for conventional systems. Growing investments in green energy projects and modern grid infrastructure further support this transition, positioning SF6-free insulation as a key growth driver in the GIS market.

Asia Pacific is expected to be the fastest-growing region in the global Gas-Insulated Switchgear Market during the forecast period

Asia Pacific is expected to be the fastest-growing region in the global Gas-Insulated Switchgear Market during the forecast period, owing to the rapid urbanization, strong government support, and rising electricity demand. China, India, Japan, and South Korea are witnessing significant investments in power transmission and distribution infrastructure, where gas-insulated switchgear is increasingly preferred for its compact design and high reliability. Governments are actively accelerating grid modernization through targeted policies, electrification initiatives, and renewable energy integration programs. Additionally, increasing electricity demand, combined with space constraints in urban areas, is encouraging the adoption of compact and efficient switchgear solutions. The region is also seeing growing investments from utilities and industrial players, along with strategic partnerships to strengthen supply chains and improve project execution. As technological advancements in SF6-free switchgear and digital substations continue to evolve, the region is well-positioned to experience strong growth, supporting its leading role in the global Gas-Insulated Switchgear Market.

Top Companies in Gas-Insulated Switchgear Industry:

Key players in the global Gas-Insulated Switchgear Market include General Electric Company (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), Eaton (Ireland), Mitsubishi Electric Corporation (Japan), Toshiba Energy Systems & Solutions Corporation (Japan), Hitachi Ltd. (Japan), Hyundai Electric Co., Ltd. (South Korea), Fuji Electric Co., Ltd. (Japan), CG Power and Industrial Solutions Ltd. (India), Nissin Electric Co., Ltd. (Japan), Meidensha Corporation (Japan), Powell Industries (US), Hyosung Heavy Industries (South Korea), Sieyuan Electric Co., Ltd. (China), CHINT Group (China), Iljin Electric (South Korea), Zhejiang Volcano Electrical Technology Co., Ltd. (China), Henan Pinggao Electric Co., Ltd. (China), XIAN XD SWITCHGEAR ELECTRIC CO., LTD (China), Switchgear Company (Belgium), Elektrobudowa S.A. (Poland), SEL S.p.A. (Italy), and G&W Electric (US).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=234770702

Eaton

Eaton offers power management solutions. The company provides innovative and sustainable products and services to enhance the quality of life and the environment. With a strong focus on electrical, hydraulic, and mechanical power management, its extensive portfolio caters to a range of sectors, including industrial, commercial, and utility. Its commitment to operational excellence and customer satisfaction drives its continuous growth and market leadership. Electrical Americas, Electrical Global, Aerospace, Vehicle, and e-Mobility are the company’s five business segments. It provides gas-insulated switch gear under its Electrical Americas and Electrical Global business segments. The company’s product offerings in the Gas-Insulated Switchgear Market include the Power Xpert XGIS medium-voltage switchgear. This compact, arc-resistant switchgear is designed for high reliability and enhanced safety. It is suitable for applications in the industrial, oil & gas, data centers, utility, mining, and infrastructure segments. The company operates in over 175 countries, with a significant presence in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Its global reach is supported by a network of manufacturing facilities, sales offices, and service centers, ensuring that Eaton’s innovative solutions are accessible to customers worldwide. This extensive geographical presence enables Eaton to effectively address the diverse needs of its global customer base and maintain its competitive edge in the power management industry.

Schneider Electric

Schneider Electric is a global leader in energy management and automation, providing innovative solutions to enhance efficiency and sustainability. The company offers a range of products and services, including electrical distribution, industrial automation, and critical power and cooling solutions. Its commitment to sustainability and digital transformation positions it as a key player in the global market, driving advancements in various sectors such as energy, infrastructure, and data centers. Energy Management and Industrial Automation are its two business segments. Gas-insulated switchgear is available under the Energy Management segment; it leverages low-voltage, medium-voltage, and secure power, all of which share the goal of managing energy efficiently and reliably and have similar economic characteristics. It offers advanced solutions designed to meet the needs of modern power distribution systems. Its product portfolio includes the GHA and CBGS-0 gas-insulated switchgear, which are known for their compact design, high reliability, and low maintenance requirements. These switchgear solutions are ideal for applications in industrial, utility, and infrastructure projects, providing enhanced safety and operational efficiency. Its GIS products are engineered to deliver superior performance while minimizing environmental impact, aligning with the sustainability goals. It operates in over 100 countries, with a strong presence in key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Its extensive global footprint is supported by a network of manufacturing facilities, research & development centers, and sales offices, enabling it to deliver localized solutions and services to its customers.

For more information, Inquire Now!

Related Reports:

Switchgear Market

Air Insulated Switchgear Market

Get access to the latest updates on Gas-Insulated Switchgear Companies and Gas-Insulated Switchgear Industry

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1868219/5909825/MarketsandMarkets_Logo.jpg

 

Cision View original content:https://www.prnewswire.com/news-releases/gas-insulated-switchgear-market-worth-38-36-billion-by-2031–marketsandmarkets-302763845.html

SOURCE MarketsandMarkets

DELRAY BEACH, Fla., May 6, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global Gas-Insulated Switchgear Market size is projected to grow from USD 28.00 billion in 2026 to USD 38.36 billion by 2031 at a compound annual growth rate (CAGR) of 6.5% during the forecast period.

MarketsandMarkets Logo

Browse 275 market data Tables and 70 Figures spread through 320 Pages and in-depth TOC on “Gas-Insulated Switchgear Market – Global Forecast to 2031”

The steady expansion of the global Gas-Insulated Switchgear Market underscores the increasing demand for reliable, compact, and efficient power distribution systems, particularly in urban and space-constrained environments. The strong growth trajectory is primarily supported by favorable government policies, increasing investments in power transmission and distribution infrastructure, and the growing need to integrate renewable energy sources amid global decarbonization targets. As countries accelerate electrification and grid modernization efforts to meet net-zero commitments, gas-insulated switchgear is emerging as a critical enabler, particularly in regions with high population density and limited space for conventional substations.

Furthermore, the anticipated market expansion reflects a transition toward advanced and sustainable grid infrastructure, driven by technological advancements and improving system efficiency. The moderate growth rate also indicates steady investment confidence, as utilities and industries increasingly adopt gas-insulated switchgear solutions. Advancements in SF6-free technologies, digital monitoring systems, and compact substation designs are expected to drive operational improvements and reduce environmental impact, making systems more aligned with evolving regulatory requirements. In parallel, strengthening supply chains, increasing investments in smart grid infrastructure, and growing collaboration across utilities, manufacturers, and technology providers are further reinforcing the market’s scalability. Collectively, these factors position the Gas-Insulated Switchgear Market as a critical segment within the global power infrastructure landscape over the coming decade.

Gas-Insulated Switchgear Market Size & Forecast:

  • Market Size Available for Years: 2021–2031
  • 2025 Market Size: USD 26.90 billion
  • 2031 Projected Market Size: USD 38.36 billion
  • CAGR (2025–2030): 6.5%

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234770702

Outdoor installation segment held the largest share of the Gas-Insulated Switchgear Market in 2025

The outdoor installation segment held the largest share of the Gas-Insulated Switchgear Market in 2025, primarily due to its widespread application in high-voltage transmission and distribution networks. Outdoor GIS systems are designed to operate reliably under diverse environmental conditions, including extreme temperatures, humidity, and pollution, making them suitable for large-scale utility and infrastructure projects. Their ability to support high-voltage operations and integrate efficiently with grid expansion initiatives has accelerated their adoption across key markets such as Asia Pacific, Europe, and North America. Additionally, outdoor GIS installations benefit from robust construction and lower space constraints compared to indoor systems, enabling deployment in utility substations and remote locations. Their compatibility with grid modernization efforts and renewable energy integration further strengthens their economic viability by improving system reliability and operational efficiency. As a result, utilities and infrastructure developers are increasingly prioritizing outdoor GIS solutions, thereby reinforcing their dominant market position.

SF6-free insulation segment is likely to be the fastest-growing during the forecast period

The SF6-free segment, based on insulation technologies, such as clean air, vacuum, or fluoronitrile-based mixtures, is expected to be the fastest-growing during the forecast period due to increasing environmental regulations and sustainability targets. Traditional SF6 gas is widely recognized for its high global warming potential, leading governments and regulatory bodies to introduce stricter policies to reduce its usage in power equipment. As a result, utilities and grid operators are actively shifting toward SF6-free solutions to align with decarbonization goals and future-proof their infrastructure. In addition, continuous technological advancements have improved the performance, safety, and reliability of SF6-free GIS, making it a viable replacement for conventional systems. Growing investments in green energy projects and modern grid infrastructure further support this transition, positioning SF6-free insulation as a key growth driver in the GIS market.

Asia Pacific is expected to be the fastest-growing region in the global Gas-Insulated Switchgear Market during the forecast period

Asia Pacific is expected to be the fastest-growing region in the global Gas-Insulated Switchgear Market during the forecast period, owing to the rapid urbanization, strong government support, and rising electricity demand. China, India, Japan, and South Korea are witnessing significant investments in power transmission and distribution infrastructure, where gas-insulated switchgear is increasingly preferred for its compact design and high reliability. Governments are actively accelerating grid modernization through targeted policies, electrification initiatives, and renewable energy integration programs. Additionally, increasing electricity demand, combined with space constraints in urban areas, is encouraging the adoption of compact and efficient switchgear solutions. The region is also seeing growing investments from utilities and industrial players, along with strategic partnerships to strengthen supply chains and improve project execution. As technological advancements in SF6-free switchgear and digital substations continue to evolve, the region is well-positioned to experience strong growth, supporting its leading role in the global Gas-Insulated Switchgear Market.

Top Companies in Gas-Insulated Switchgear Industry:

Key players in the global Gas-Insulated Switchgear Market include General Electric Company (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), Eaton (Ireland), Mitsubishi Electric Corporation (Japan), Toshiba Energy Systems & Solutions Corporation (Japan), Hitachi Ltd. (Japan), Hyundai Electric Co., Ltd. (South Korea), Fuji Electric Co., Ltd. (Japan), CG Power and Industrial Solutions Ltd. (India), Nissin Electric Co., Ltd. (Japan), Meidensha Corporation (Japan), Powell Industries (US), Hyosung Heavy Industries (South Korea), Sieyuan Electric Co., Ltd. (China), CHINT Group (China), Iljin Electric (South Korea), Zhejiang Volcano Electrical Technology Co., Ltd. (China), Henan Pinggao Electric Co., Ltd. (China), XIAN XD SWITCHGEAR ELECTRIC CO., LTD (China), Switchgear Company (Belgium), Elektrobudowa S.A. (Poland), SEL S.p.A. (Italy), and G&W Electric (US).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=234770702

Eaton

Eaton offers power management solutions. The company provides innovative and sustainable products and services to enhance the quality of life and the environment. With a strong focus on electrical, hydraulic, and mechanical power management, its extensive portfolio caters to a range of sectors, including industrial, commercial, and utility. Its commitment to operational excellence and customer satisfaction drives its continuous growth and market leadership. Electrical Americas, Electrical Global, Aerospace, Vehicle, and e-Mobility are the company’s five business segments. It provides gas-insulated switch gear under its Electrical Americas and Electrical Global business segments. The company’s product offerings in the Gas-Insulated Switchgear Market include the Power Xpert XGIS medium-voltage switchgear. This compact, arc-resistant switchgear is designed for high reliability and enhanced safety. It is suitable for applications in the industrial, oil & gas, data centers, utility, mining, and infrastructure segments. The company operates in over 175 countries, with a significant presence in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Its global reach is supported by a network of manufacturing facilities, sales offices, and service centers, ensuring that Eaton’s innovative solutions are accessible to customers worldwide. This extensive geographical presence enables Eaton to effectively address the diverse needs of its global customer base and maintain its competitive edge in the power management industry.

Schneider Electric

Schneider Electric is a global leader in energy management and automation, providing innovative solutions to enhance efficiency and sustainability. The company offers a range of products and services, including electrical distribution, industrial automation, and critical power and cooling solutions. Its commitment to sustainability and digital transformation positions it as a key player in the global market, driving advancements in various sectors such as energy, infrastructure, and data centers. Energy Management and Industrial Automation are its two business segments. Gas-insulated switchgear is available under the Energy Management segment; it leverages low-voltage, medium-voltage, and secure power, all of which share the goal of managing energy efficiently and reliably and have similar economic characteristics. It offers advanced solutions designed to meet the needs of modern power distribution systems. Its product portfolio includes the GHA and CBGS-0 gas-insulated switchgear, which are known for their compact design, high reliability, and low maintenance requirements. These switchgear solutions are ideal for applications in industrial, utility, and infrastructure projects, providing enhanced safety and operational efficiency. Its GIS products are engineered to deliver superior performance while minimizing environmental impact, aligning with the sustainability goals. It operates in over 100 countries, with a strong presence in key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Its extensive global footprint is supported by a network of manufacturing facilities, research & development centers, and sales offices, enabling it to deliver localized solutions and services to its customers.

For more information, Inquire Now!

Related Reports:

Switchgear Market

Air Insulated Switchgear Market

Get access to the latest updates on Gas-Insulated Switchgear Companies and Gas-Insulated Switchgear Industry

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1868219/5909825/MarketsandMarkets_Logo.jpg

 

Cision View original content:https://www.prnewswire.com/news-releases/gas-insulated-switchgear-market-worth-38-36-billion-by-2031–marketsandmarkets-302763845.html

SOURCE MarketsandMarkets

A new category in water monitoring that replaces multi-component station setups with a single compact unit, reducing power consumption and enabling deployment in minutes

AACHEN, Germany, May 6, 2026 /PRNewswire/ — KISTERS today announced the launch of HyQuant Edge, an all-in-one hydrological monitoring station powered by KIPTEC (KISTERS Intelligence Platform Technology for Embedded Connectivity). It is the first hydrological solution to bring radar measurement, data logging, edge processing, transmission, and cloud connectivity together in a single compact device – removing the need for the multi-component station architectures that have defined the sector for decades.

 

Compact HyQuant Edge station measuring combined water level and surface velocity using radar technology

 

The launch addresses a structural challenge in quantitative hydrological monitoring. Although across different industries devices have grown smaller, smarter, and more autonomous, hydrology has remained behind, sometimes making deployment costly and remote sites impractical.

“Traditional monitoring stations have always been about collection and transfer. That required multiple components, assembled on site, with no intelligence layer in between. KISTERS designed HyQuant Edge to change that story.” – Klaas Schulze Dieckhoff, Global Head of R&D, KISTERS

HyQuant Edge offers something fundamentally different: Self-contained, adaptive systems where measurement, processing, and communication work as one. This enables teams to deploy more sites with less infrastructure, at lower cost per site.

Ideal for remote, temporary, and emergency deployments and network densification, they are equally suited to permanent sites where infrastructure is limited.

HyQuant Edge stations are available in four versions – Level (L), Surface Velocity (V), Combined Level and Velocity (L+V), and Discharge (Q) – L, V and L+V versions upgradeable to Q via software update, with no hardware replacement required.

The stations are secure by design and connect to the cloud automatically. They save power draw using event-driven adaptive logging and maintain data integrity during connectivity outages via store-and-forward capability. Manufactured in Germany, they support LTE-Cat-M1/NB-IoT and integrate with existing monitoring platforms via open standards.

“There have always been more places worth measuring than systems capable of reaching them due to deployment constraints. HyQuant Edge is the choice that can fit within existing infrastructure and budget constraints – especially valued in network densification.” – Dr. Anton Felder, Global Director HydroMet, KISTERS

Discover HyQuant Edge and follow KISTERS on LinkedIn.

About KISTERS: A privately owned international organisation specialising in environmental data, instrumentation, and IT, developing data-driven solutions across water, weather, and renewable energy.

Photo: https://mma.prnewswire.com/media/2970619/KISTERS_HyQuant_Edge.jpg
Logo: https://mma.prnewswire.com/media/2688474/KISTERS_Logo.jpg

 

KISTERS Logo (PRNewsfoto/KISTERS)

 

Media enquiries:
Anna Wall 
anna.wall@kisters.co.uk

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kisters-launches-hyquant-edge-the-first-radar-sensor-based-monitoring-station-for-quantitative-hydrology-302760356.html

SOURCE KISTERS

A new category in water monitoring that replaces multi-component station setups with a single compact unit, reducing power consumption and enabling deployment in minutes

AACHEN, Germany, May 6, 2026 /PRNewswire/ — KISTERS today announced the launch of HyQuant Edge, an all-in-one hydrological monitoring station powered by KIPTEC (KISTERS Intelligence Platform Technology for Embedded Connectivity). It is the first hydrological solution to bring radar measurement, data logging, edge processing, transmission, and cloud connectivity together in a single compact device – removing the need for the multi-component station architectures that have defined the sector for decades.

 

Compact HyQuant Edge station measuring combined water level and surface velocity using radar technology

 

The launch addresses a structural challenge in quantitative hydrological monitoring. Although across different industries devices have grown smaller, smarter, and more autonomous, hydrology has remained behind, sometimes making deployment costly and remote sites impractical.

“Traditional monitoring stations have always been about collection and transfer. That required multiple components, assembled on site, with no intelligence layer in between. KISTERS designed HyQuant Edge to change that story.” – Klaas Schulze Dieckhoff, Global Head of R&D, KISTERS

HyQuant Edge offers something fundamentally different: Self-contained, adaptive systems where measurement, processing, and communication work as one. This enables teams to deploy more sites with less infrastructure, at lower cost per site.

Ideal for remote, temporary, and emergency deployments and network densification, they are equally suited to permanent sites where infrastructure is limited.

HyQuant Edge stations are available in four versions – Level (L), Surface Velocity (V), Combined Level and Velocity (L+V), and Discharge (Q) – L, V and L+V versions upgradeable to Q via software update, with no hardware replacement required.

The stations are secure by design and connect to the cloud automatically. They save power draw using event-driven adaptive logging and maintain data integrity during connectivity outages via store-and-forward capability. Manufactured in Germany, they support LTE-Cat-M1/NB-IoT and integrate with existing monitoring platforms via open standards.

“There have always been more places worth measuring than systems capable of reaching them due to deployment constraints. HyQuant Edge is the choice that can fit within existing infrastructure and budget constraints – especially valued in network densification.” – Dr. Anton Felder, Global Director HydroMet, KISTERS

Discover HyQuant Edge and follow KISTERS on LinkedIn.

About KISTERS: A privately owned international organisation specialising in environmental data, instrumentation, and IT, developing data-driven solutions across water, weather, and renewable energy.

Photo: https://mma.prnewswire.com/media/2970619/KISTERS_HyQuant_Edge.jpg
Logo: https://mma.prnewswire.com/media/2688474/KISTERS_Logo.jpg

 

KISTERS Logo (PRNewsfoto/KISTERS)

 

Media enquiries:
Anna Wall 
anna.wall@kisters.co.uk

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kisters-launches-hyquant-edge-the-first-radar-sensor-based-monitoring-station-for-quantitative-hydrology-302760356.html

SOURCE KISTERS

A new category in water monitoring that replaces multi-component station setups with a single compact unit, reducing power consumption and enabling deployment in minutes

AACHEN, Germany, May 6, 2026 /PRNewswire/ — KISTERS today announced the launch of HyQuant Edge, an all-in-one hydrological monitoring station powered by KIPTEC (KISTERS Intelligence Platform Technology for Embedded Connectivity). It is the first hydrological solution to bring radar measurement, data logging, edge processing, transmission, and cloud connectivity together in a single compact device – removing the need for the multi-component station architectures that have defined the sector for decades.

 

Compact HyQuant Edge station measuring combined water level and surface velocity using radar technology

 

The launch addresses a structural challenge in quantitative hydrological monitoring. Although across different industries devices have grown smaller, smarter, and more autonomous, hydrology has remained behind, sometimes making deployment costly and remote sites impractical.

“Traditional monitoring stations have always been about collection and transfer. That required multiple components, assembled on site, with no intelligence layer in between. KISTERS designed HyQuant Edge to change that story.” – Klaas Schulze Dieckhoff, Global Head of R&D, KISTERS

HyQuant Edge offers something fundamentally different: Self-contained, adaptive systems where measurement, processing, and communication work as one. This enables teams to deploy more sites with less infrastructure, at lower cost per site.

Ideal for remote, temporary, and emergency deployments and network densification, they are equally suited to permanent sites where infrastructure is limited.

HyQuant Edge stations are available in four versions – Level (L), Surface Velocity (V), Combined Level and Velocity (L+V), and Discharge (Q) – L, V and L+V versions upgradeable to Q via software update, with no hardware replacement required.

The stations are secure by design and connect to the cloud automatically. They save power draw using event-driven adaptive logging and maintain data integrity during connectivity outages via store-and-forward capability. Manufactured in Germany, they support LTE-Cat-M1/NB-IoT and integrate with existing monitoring platforms via open standards.

“There have always been more places worth measuring than systems capable of reaching them due to deployment constraints. HyQuant Edge is the choice that can fit within existing infrastructure and budget constraints – especially valued in network densification.” – Dr. Anton Felder, Global Director HydroMet, KISTERS

Discover HyQuant Edge and follow KISTERS on LinkedIn.

About KISTERS: A privately owned international organisation specialising in environmental data, instrumentation, and IT, developing data-driven solutions across water, weather, and renewable energy.

Photo: https://mma.prnewswire.com/media/2970619/KISTERS_HyQuant_Edge.jpg
Logo: https://mma.prnewswire.com/media/2688474/KISTERS_Logo.jpg

 

KISTERS Logo (PRNewsfoto/KISTERS)

 

Media enquiries:
Anna Wall 
anna.wall@kisters.co.uk

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kisters-launches-hyquant-edge-the-first-radar-sensor-based-monitoring-station-for-quantitative-hydrology-302760356.html

SOURCE KISTERS

  • New World Resources Institute analysis, supported by The Rockefeller Foundation, reveals that every $1 invested in preparing for climate-caused health risks can yield up to $68 in benefits for communities in Africa, Asia, Latin America and the Caribbean, and the Middle East.

  • Research shows how tools and services like early warning systems and disease surveillance significantly reduce deaths and illness, helping more communities in low- and middle-income countries become more resilient.

WASHINGTON, May 6, 2026 /PRNewswire/ — World Resources Institute (WRI) and The Rockefeller Foundation today announced new research from WRI, which finds that early investment in climate health solutions in low- and middle-income countries can yield between US$4 and US$68 in benefits for every US$1 invested.

With funding from The Rockefeller Foundation, WRI analyzed a range of tools and services — such as early warning systems, disease surveillance and public awareness campaigns — across 46 projects in 40 countries in Sub-Saharan Africa (26), Latin America and the Caribbean (7), Asia (4), and the Middle East and North Africa (3).

The research shows that delivering a full package of these tools and services helps governments, hospitals, emergency responders and communities better understand, prepare for, mitigate, and respond to the health impacts of extreme heat, weather disasters and other climate risks affecting hundreds of millions of people worldwide.

“Climate disasters are becoming more frequent and more destructive, but how severely they affect human health is still within our control,” said Ani Dasgupta, President and CEO of WRI. “Health is the most human face of climate change — it affects everyone, especially children, and disproportionately harms the poorest communities. Investing in anticipating climate-related health risks can save lives and deliver returns many times over. This is one of the highest-return opportunities to protect people in a changing climate — but only if countries and development partners step up.”

Climate change is emerging as one of the defining public health challenges of our time. Rising temperatures are driving more frequent and severe heatwaves, while floods and extreme weather events are accelerating the spread of infectious diseases and disrupting healthcare systems. This includes, but is not limited to, malaria, dengue, cholera, diarrhea, and heatstroke, which disproportionately affect more vulnerable populations. Without stronger action, low- and middle-income countries could face nearly 16 million deaths and more than $20 trillion in economic losses by 2050 from climate-related health impacts. Yet, less than half of health ministries currently integrate climate data into national health surveillance systems, according to a forthcoming survey by the World Health Organization.

The study finds that every $1 invested by low- and middle-income countries in these services can yield US$4 to US$68 in economic benefits, depending on local conditions and implementation. These investments enable earlier, more targeted actions that reduce illness and death — lowering emergency response costs and easing long-term strain on health systems.

“The climate crisis is a health crisis, one that is hurting the people already most vulnerable to the impacts of extreme heat and natural disasters,” said Dr. Naveen Rao, Senior Vice President of Health at The Rockefeller Foundation. “This study shows how even modest investments can help communities get ahead of climate-driven health threats, strengthening health systems and saving lives. The priority now is scaling these solutions to match the risks.”

High Returns, Modest Costs
WRI estimates that for a low- and middle-income country with a population of 25 million, delivering a full package of these tools and services costs an estimated $18 million per year (or 72 cents per person) with individual components ranging from $1.4 million to $5.9 million annually — a relatively modest investment compared to the value of lives saved and losses avoided.

In some cases, returns are even higher. Efforts to strengthen the resilience of health facilities generated returns of $168 for every $1 invested in Jamaica and $317 in St. Lucia. Urban heat wave warning systems in Indian cities show average returns of around $50 per $1 invested.

Despite the clear benefits, adoption remains limited. Many health ministries report that climate-related health services are among the most difficult to fund, while many national meteorological agencies often lack the resources to support the cross-agency collaboration needed to develop them.

“If we fail to act, our changing climate will continue to reshape health risks faster than our systems can adapt,” said Professor Celeste Saulo, WMO Secretary-General. “But we are not powerless. We already have the science, data, and tools to anticipate and reduce these risks. Investing in climate services for health should not be seen as a burden: it is a life‑saving, cost‑effective choice that helps countries act earlier, protect people, and prevent crises before they escalate.” 

About World Resources Institute (WRI)
WRI works to improve people’s lives, protect and restore nature and stabilize the climate. As an independent research organization, we leverage our data, expertise and global reach to influence policy and catalyze change across systems like food, land and water; energy; and cities. Our 2,000+ staff work on the ground in more than a dozen focus countries and with partners in over 50 nations.

About The Rockefeller Foundation
Investing $30 billion over the last 113 years to promote the well-being of humanity, The Rockefeller Foundation is a pioneering philanthropy built on unlikely partnerships and innovative solutions that deliver measurable results for people in the United States and around the world. We leverage scientific breakthroughs, artificial intelligence, and new technologies to make big bets across energy, food, health, and finance, including with our public charity, RF Catalytic Capital (RFCC). For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn, Instagram @rockefellerfdn, and LinkedIn @the-rockefeller-foundation.

Cision View original content:https://www.prnewswire.com/news-releases/wri–rockefeller-foundation-early-climate-health-investments-generate-68-fold-gains-in-low–and-middle-income-countries-302763436.html

SOURCE Rockefeller Foundation

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.