An insulator is an electrical component which is used to provide insulation between two conductors. It can also be used to provide mechanical support in its area of application. Along with this, the insulator also resists electrical stress, and environmental stress which may arise due to weather changes. Electric insulators thus form a vital and integral component of the power T&D infrastructure. Moreover, any major electric component utilizes insulators in order to shield itself from voltage overloads that can damage sensitive instruments. Insulators have been in use since the 17th century and were initially used in the telegraph industry. On the basis of the material of construction, insulators can be categorized into ceramic, glass, and composite insulators. Initially, glass insulators were used but were soon replaced in many applications by ceramic insulators. However, the developments within the last half century have boosted the usage of composite insulators which offer better protection against contaminants such as water. Apart from this, electric insulators are widely being used by end-users that include utility, industries, and other auxiliary use such as in traction equipment.
To meet the growing demand for energy particularly in developing regions such as Asia-Pacific, there is a need for increasing the power transmission & distribution (T&D) infrastructure as well. This is evident as the global expenditure on T&D is increasing every year. The growing demand for electricity is seen in both the developing regions as well as the developed regions. The evolution of smart grid is further boosting the need for the up-gradation of the existing T&D infrastructure. European energy markets have already started transitioning towards the smart grid technology with large investments being made in France and U.K. With the continued increase in the electricity T&D expenditure in the near future, the electric insulators market is growing.
In 2019, the market size of Electric Insulator is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 6.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Insulator.
This report studies the global market size of Electric Insulator, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Electric Insulator production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB Ltd.
Aditya Birla Nuvo Ltd.
Alstom
Siemens AG
Toshiba
Bharat Heavy Electricals Limited (BHEL)
Hubbell Incorporated
Lapp Insulators
Maclean-Fogg
Seves Group
Market Segment by Product Type
Ceramic Insulators
Glass Insulators
Composite Insulators
Market Segment by Application
Cables & transmission lines
Transformers
Switchgears
Bus bars
Surge protection devices
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Electric Insulator status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Electric Insulator manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Electric Insulator are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Electric Insulator. Industry analysis & Market Report on Electric Insulator is a syndicated market report, published as Global (United States, European Union and China) Electric Insulator Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Electric Insulator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.