Global Electric Insulator Market, By Type (Glass, Composite, Ceramic), By Voltage (High Voltage, Med

Published Date: | Report Code : MT1914481

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Increasing investments in smart grid projects and growing adoption of renewable energy sources are expected to drive the growth of the Electric Insulator Market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

An electric insulator resists the transmission of energy from one medium to another. It is used in an electrical system to prevent unwanted flow of current to earth from its supporting points. Insulators are mainly used in applications where the prevention of flow of electric charge is required. These materials work as effective non-conductors since they lack the movable electric charge required to propagate electric current.

Segment Analysis:

The electric market insulator market has been segmented based on voltage into high voltage, medium voltage, and low voltage. Low voltage equipment is used in commercial, residential, industrial buildings. Based on application, the market has been segmented into surge protection services, switchgear, cable & transmission lines, transformer, busbar, and others. Based on end-user, the market has been segmented into utilities, industrial, and others. Key factors fueling market growth are increasing investments in smart grid projects and growing adoption of renewable energy sources.

Key Factors Impacting Market Growth:

  • Increasing investments in smart grid projects
  • Growing adoption of renewable energy sources
  • Rising electric infrastructure spending
  • Increasing demand for electricity

Regional Outlook: 

The electric insulator market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe are major regions for the electric insulator market owing to various applications and competitive scenarios. Some of the applications include surge protection services, switchgear, cable & transmission lines, transformers, etc. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for the electrical insulator market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. The Middle East also promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets.

Companies Covered: Alstom, BHEL, ABB, Lapp Insulators, Hubbell Inc., Maclean-Fogg, Serves, Siemens AG, Aditya Birla Nuvo, NGK Insulators Ltd, and WT Henley

Market Segmentation:

By Type:

  • Glass
  • Composite
  • Ceramic

By Voltage:

  • High Voltage
  • Medium Voltage
  • Low Voltage

By Application:

  • Surge Protection Services
  • Switchgear
  • Cable & Transmission Lines
  • Transformer
  • Busbar
  • Others

By End User:

  • Utilities
  • Industrial
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Voltage
    • By Application
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Voltage
    • By Application
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Voltage
    • By Application
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Voltage
    • By Application
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Voltage
    • By Application
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Voltage
    • By Application
    • By End-User

Reasons To Buy This Report:

  • Market size estimation of the global electric insulator market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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