Electric Insulator Market Size, SWOT Analysis And Opprtunities for New Players, Forecast from 2022 To 2028

May 20 20:22 2022
The global Electric Insulator Market is expected to grow from US$ 11.52 billion in 2020 to US$ 17.45 billion by 2028; it is estimated to grow at a CAGR of 6.1% during 2020-2028.

Electric Insulator Market Overview:

The global Electric Insulator Market is expected to grow from US$ 11.52 billion in 2020 to US$ 17.45 billion by 2028; it is estimated to grow at a CAGR of 6.1% during 2020-2028. Lockdown restrictions imposed by various governments worldwide has affected the end-user demand, as electric constructions remain halted during Q1 of 2020. Additionally, disruptions in supply chain and global shipping has also affected the market. Factors such as rapid integration of renewables and distributed technologies onto the grid, utilities are increasingly upgrading their existing infrastructure. The development of renewable-based power generation is expected to result in the expansion of T&D infrastructure, resulting in an increase in demand for electric insulators over the coming years. However, the increasing adoption of underground cables, over overhead, in the T&D infrastructure, is expected to hinder the growth of the demand for electric insulators, in the long run.

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Market Segmentations:

Global Electric Insulator Market is expected to witness substantial growth during the forecast period owing to growing investments power grid infrastructure along with rapid urbanization in emerging economies. According to India Brand Equity Foundation (IBEF), increasing electrification would drive the growth of power consumption to 1,847 TWh in India in 2022. This would drive the market globally. Asia Pacific holds the largest share due to increased investments in the smart grid infrastructure development, T&D spending, growing dependence on renewable power generation sources, and infrastructural activities in the recent past.  China accounted for the highest installed generation and distribution capacity in the Asia Pacific region, resulting in an increased demand for electric insulators.

Segments Overview:

The Electric Insulator Market is segmented as below:

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Material:

Ceramic/Porcelain

Glass

Composites

Others

Market Breakup by Voltage:

Low

Medium

High

Market Breakup by Category:

Bushings

Other Insulators

Market Breakup by Installation:

Distribution Networks

Transmission Lines

Substations

Railways

Others

Market Breakup by Product:

Pin Insulator

Suspension Insulator

Shackle Insulator

Others

Market Breakup by Application:

Transformer

Cable

Switchgear

Busbar

Surge Protection Device

Others

Market Breakup by End Use Industry:

Utilities

Industries

Others

Market Breakup by Region:

Asia Pacific

North America

Europe

Middle East and Africa

Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB, NGK Insulators Ltd, Aditya Birla Nuvo, Siemens AG, General Electric, Hubbell, BHEL, Toshiba, Krempel, MacLean-Fogg, PFISTERER, Seves Group, WT Henley, etc.

A selection of COMPANIES mentioned in this report includes:

SAVER

Hubbell Power Systems

Reinhausen

PFISTERER

NGK Insulators

TE Connectivity

MacLean Power Systems

K-Line Insulators Limited

PPC Insulators

Nanjing Electric

CYG Insulator

Pinggao

Dalian Insulator Group

Shemar

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Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Electric Insulator Market

6 Market Breakup by Material

7 Market Breakup by Voltage

8 Market Breakup by Category

9 Market Breakup by Installation

10 Market Breakup by Product

11 Market Breakup by Rating

12 Market Breakup by Application

13 Market Breakup by End Use Industry

14 Market Breakup by Region

15 SWOT Analysis

16 Value Chain Analysis

17 Porters Five Forces Analysis

18 Price Analysis

19 Competitive Landscape

List of Figures

List of Tables

Continue…

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