Pune, India -- (SBWIRE) -- 12/22/2017 -- 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. Insulator Market is expected to grow over the CAGR of around 6% during the period 2017 to 2023

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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Key Players:
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).

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

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
Continue…….

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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 (%)
Continue……….

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