Research N Report has added a new research report, titled "Hollow Core Insulator Market by Material (Composite, Porcelain/Ceramic); by End-User (Transformer, Cable Terminations, Surge Arresters, Station Post Insulators, Others); by Regions (North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025."
Houston, TX -- (SBWIRE) -- 01/23/2018 -- The Global Hollow Core Insulator Market is anticipated to be valued at US$ 3.11 Bn in 2016 and is expected to reach US$ 4.75 Bn by 2025 in terms of revenue, expanding at a CAGR of 4.8% from 2017 to 2025. The most important insulation material is air. A variety of solid, liquid, and gaseous insulators are also used in electrical apparatus. In smaller transformers, electric motors and generators, insulation on the wire coils comprises of up to four thin layers of polymer varnish film. Film insulated magnet wire permits a manufacturer to obtain the maximum number of turns within the available space. Furthermore, windings that use thicker conductors are usually wrapped with supplemental fiberglass insulating tape. Windings may also be impregnated with insulating varnishes to prevent electrical corona and reduce magnetically induced wire vibration.
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The Global Hollow Core Insulator Market is enhanced by factors such as:
- Development of improved machinery to manufacture these insulators.
- Rise in automation.
- High environmental protection.
Insulators used for high-voltage power transmission are made from glass, porcelain or composite polymer materials. Porcelain insulators are made from clay, alumina or quartz and feldspar, and are covered with a smooth glaze to shed water. Insulators made from porcelain are rich in alumina and are used where high mechanical strength is a criterion. Porcelain has a dielectric strength of about 4–10 kV/mm.
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Insulator is vital for power transformer in order to provide better performance when the transformer is operated. Insulator will be a barrier for the transformer with sensitive components near the transformer and also prevent some interruption. On the other hand, cable termination is the connection of wire or fiber to a device, such as equipment, panels or a wall outlet, which allows for connecting the cable to other cables or devices.
In terms of geographic regions, North America will be the major revenue contributor to the Global Hollow Core Insulator Market by 2025. The high demand for electricity in this region due to the rapid urbanization and better standard of living will be a major factor fueling the market growth. Additionally, the rapid developments in both the commercial and industrial infrastructure that will demand the expansion of transmission and distribution (T&D) networks will also boost the growth of the global market in this region.
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Some of the significant players functioning in the Global Hollow Core Insulator Market include ABB Ltd., TE Connectivity Corporation, Maclean Power Systems, CTC Insulator Co. Ltd., PPC Insulators, Ceralep, ZPE ZAPEL S.A., Lapp Insulators GmbH, Maschinenfabrik Reinhausen GmbH, Saver S.p.A., and so on.