Global Insulator Market Information Report by Type (Ceramic, Glass and Composite), by Voltage (Low Voltage, Medium Voltage and High Voltage), by Application (Cables & Transmission lines, Transformers, Switchgears, Busbars, Surge Protection Services and others), by End User (Utilities, Industries, and Others) and by Region - Global Forecast To 2023
Pune, India -- (SBWIRE) -- 01/12/2018 -- Market Highlights
Growing electricity demand coupled with growing concern for safe transmission & distribution of electricity and the increasing grid infrastructure, will boost the global insulator market size over the forecast timeline. The unique property of insulators to resist the energy transmission from one medium to another, would make them convenient for various applications.
Insulators are classified based on their capacity types, as ceramic, glass and composite insulator. The ceramic insulator holds major share in the current market and is expected to continue its dominance in global insulator market, owing to properties such as, environmental friendliness, better electrical strength than other two insulators, high resistance to rodents, termites, birds & other animals to climate changes, and conditions such as dust, salinity and high moisture. Besides, they are cheap & easy to install, which will foster the growth of global insulator market.
The market has been analyzed based on product types, voltage, applications, end use and regions. On the basis of voltage type, the medium voltage segment is expected to dominate the market for insulators. The rise in the number of power plants, substations, industries and gird lines, that utilize medium voltage insulators lead to the growth of medium voltage insulator market
Industrial usage of insulators is expected to grow at the highest rate in the insulators market from 2017-2023.
The industrial usage of insulators currently holds a large share of total volume of insulator and is expected to dominate the market during forecast period. The increase in industrial development across the globe leading to the wide application of small and medium voltage insulators in industries for safe operations, will further enhance the industrial insulator market during the forecast period.
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The key players of global insulator market 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)
- ELANTAS GmbH (Germany).
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.
List Of Tables
Table 1 Global Insulator Market, By Type
Table 2 Global Insulator Market, By Voltage
Table 3 Global Insulator Market, By Application
Table 4 Global Insulator Market, By End User
Table 5 Global Insulator Market, By Regions
Table 6 North America Insulator Market, By Type
Table 7 North America Insulator Market, By Voltage
Table 8 North America Insulator Market, By Application
Table 9 North America Insulator Market, By End User
Table 10 U.S. Insulator Market, By Type
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List Of Figures
Figure 1 Research Application
Figure 2 Global Insulator Market: By Type (%)
Figure 3 Global Insulator Market: By Voltage (%)
Figure 4 Global Insulator Market: By Application (%)
Figure 5 Global Insulator Market: By End User (%)
Figure 6 Global Insulator Market: By Region
Figure 7 North America Insulator Market, By Type (%)
Figure 8 North America Insulator Market, By Voltage (%)
Figure 9 North America Insulator Market, By Application (%)
Figure 10 North America Insulator Market, By End User (%)
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