The applicability of functionally graded materials (FGM) for solid insulator of gas insulated switchgear (GIS) was investigated. First, a new fabrication method based on layer-by-layer casting technique was demonstrated to prepare FGM insulator possessing spatial distribution of dielectric constants. Then, electric field strength in the FGM spacer model was calculated and optimized by using finite element method (FEM). Three types of truncated cone spacers were fabricated according to the optimization results. Finally, surface flashover tests were performed under AC voltage and lightning impulse voltage applications. Results in both circumstances indicated an evident improvement of flashover voltage when FGM insulator was employed. As a result, we verified the fabrication technique and the applicability of FGM insulator for enhancement of insulation performance in GIS device.