The global demand for Electric Insulators Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Electric insulators, more commonly known as insulators refer to materials whose internal electric charges do not flow freely and such materials will allow a very little electric current to flow through it under the influence of an electric field. In contrast to semiconductors or conductors, the electric insulators possess higher resistivity. Almost common examples of electric insulators are non-metals, ceramic, wood, and glass. The prime purpose of insulators is to facilitate protection from the dangerous effects of electricity.
The rising investments across the globe in transmission and distribution networks are an important driver of the global electric insulators market. The growing investments are driven by the expansion of T&D infrastructure on account of rapid integration of renewables and distributed technologies onto the grid, and development of renewable-based power generation. However, the intensifying adoption of underground cables and overhead in the T&D infrastructure is anticipated to inhibit the growth of the demand for electric insulators, in the future. The impact of ongoing pandemic COVID-19 on the electric insulators market is largely dependent on the duration and severity of the global economic downturn.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of electric insulators.
The entire electric insulators market has been sub-categorized into type, voltage, category, application and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Surge Protection Devices
This section covers regional segmentation which accentuates on current and future demand for electric insulators market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Electric Insulators Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric insulators market include ABB, Aditya Birla Nuvo, Siemens, General Electric, NGK Insulators, Hubbell, Toshiba, Bharat Heavy Electricals Limited, Lapp Insulators, Maclean-Fogg, Seves Group, TE Connectivity. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.