Insulator Market 2021: Global Projection, Comprehensive Study, Solutions, Services Forecast to 2027
Market Highlights:
The need for continuous uninterrupted electric supply is
growing because of the worldwide rise in population and rapid
industrialization. The increasing need of reliable electric supply and
subsequent investment in transmission & distribution network, grid
expansion, and developing safe electrical infrastructure is expected to drive
the growth of the Global
Insulator Market.
The insulator market in the Asia-Pacific region is expected
to grow the fastest during the forecast period. The rapid
industrialization, urbanization, and fast economic growth with growing
electrical infrastructure in the countries such as India and China, will drive
the market for insulators.
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Market Research Analysis:
Asia-Pacific Region is Expected to Grow at the Fastest
Rate:
Rapid urbanization & industrialization in countries such
as China, India, Indonesia and Australia demand continuous electric supply for
the operations of industries, data centers, emergency services, and commercial
& household purposes. Ageing conventional transmission & distribution
network often hinders the supply for continuous power. This is creating a
lucrative market for insulators in this region.
Scope of the Report:
This study provides an overview of the global insulator
market, tracking four market segments across four geographic regions. The
report studies key players, providing a five-year annual trend analysis that
highlights market size, volume and share for North America, Europe, Asia
Pacific (APAC) and Rest of the World (ROW). The report also provides a
forecast, focusing on the market opportunities for the next five years for each
region. The scope of the study segments the global Insulator market by its
product type, capacity, by application, technology and by regions.
Market Segmentation:
By Type
- Ceramic
- Composite
By Voltage
- Low
voltage
- Medium
voltage
- High
voltage
By Application
- Cables
& Transmission lines
- Transformers
- Switchgears
- Busbars
- Surge
protection services
- others
By End User
- Utilities
- Industries
- Others
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Key Players
The key players of global insulator markets are General
Electric (U.S.), Siemens AG (Germany), Alstom S.A (France), Aditya Birla Nuvo
Ltd. (India), Bharat Heavy Electricals Limited. (India), Toshiba Corporation
(Japan), Hubbell Incorporated (U.S), Seves Group (Italy), Dalian Yilian
Technology Co.,Ltd. (China) and ELANTAS GmbH (Germany).
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