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Electric Insulator-Global Market Insights and Sales Trends 2024
Synopsis
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 Others auxiliary use such as in traction equipment.
The global Electric Insulator market size is expected to reach US$ 14010 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Insulator in various end use industries. The expanding demands from the Cables & Transmission Lines, Transformers, Switchgears and Bus Bars, are propelling Electric Insulator market. Ceramic Insulators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glass Insulators segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Insulator, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Insulator market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Insulator market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Insulator sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Insulator covered in this report include ABB Ltd., Aditya Birla Nuvo Ltd., Alstom, Siemens Ag, ToshibA, Bharat Heavy Electricals Limited (BHEL), Hubbell Incorporated, Lapp Insulators and Maclean-Fogg, etc.
The global Electric Insulator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Aditya Birla Nuvo Ltd.
Alstom
Siemens Ag
ToshibA
Bharat Heavy Electricals Limited (BHEL)
Hubbell Incorporated
Lapp Insulators
Maclean-Fogg
Seves Group
Global Electric Insulator market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Insulator market, Segment by Type:
Ceramic Insulators
Glass Insulators
Composite Insulators
Global Electric Insulator market, by Application
Cables & Transmission Lines
Transformers
Switchgears
Bus Bars
Surge Protection Devices
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Insulator manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Insulator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 Others auxiliary use such as in traction equipment.
The global Electric Insulator market size is expected to reach US$ 14010 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Insulator in various end use industries. The expanding demands from the Cables & Transmission Lines, Transformers, Switchgears and Bus Bars, are propelling Electric Insulator market. Ceramic Insulators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glass Insulators segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Insulator, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Insulator market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Insulator market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Insulator sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Insulator covered in this report include ABB Ltd., Aditya Birla Nuvo Ltd., Alstom, Siemens Ag, ToshibA, Bharat Heavy Electricals Limited (BHEL), Hubbell Incorporated, Lapp Insulators and Maclean-Fogg, etc.
The global Electric Insulator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Aditya Birla Nuvo Ltd.
Alstom
Siemens Ag
ToshibA
Bharat Heavy Electricals Limited (BHEL)
Hubbell Incorporated
Lapp Insulators
Maclean-Fogg
Seves Group
Global Electric Insulator market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Insulator market, Segment by Type:
Ceramic Insulators
Glass Insulators
Composite Insulators
Global Electric Insulator market, by Application
Cables & Transmission Lines
Transformers
Switchgears
Bus Bars
Surge Protection Devices
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Insulator manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Insulator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Insulator Market Overview
1.1 Electric Insulator Product Overview
1.2 Electric Insulator Market Segment by Type
1.2.1 Ceramic Insulators
1.2.2 Glass Insulators
1.2.3 Composite Insulators
1.3 Global Electric Insulator Market Size by Type
1.3.1 Global Electric Insulator Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Insulator Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Insulator Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Insulator Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Insulator Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Insulator Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Insulator Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Insulator Sales Breakdown by Type (2018-2023)
2 Global Electric Insulator Market Competition by Company
2.1 Global Top Players by Electric Insulator Sales (2018-2023)
2.2 Global Top Players by Electric Insulator Revenue (2018-2023)
2.3 Global Top Players by Electric Insulator Price (2018-2023)
2.4 Global Top Manufacturers Electric Insulator Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Insulator Market Competitive Situation and Trends
2.5.1 Electric Insulator Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Insulator Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Insulator as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Insulator Market
2.8 Key Manufacturers Electric Insulator Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Insulator Status and Outlook by Region
3.1 Global Electric Insulator Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Insulator Historic Market Size by Region
3.2.1 Global Electric Insulator Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Insulator Sales in Value by Region (2018-2023)
3.2.3 Global Electric Insulator Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Insulator Forecasted Market Size by Region
3.3.1 Global Electric Insulator Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Insulator Sales in Value by Region (2024-2029)
3.3.3 Global Electric Insulator Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Insulator by Application
4.1 Electric Insulator Market Segment by Application
4.1.1 Cables & Transmission Lines
4.1.2 Transformers
4.1.3 Switchgears
4.1.4 Bus Bars
4.1.5 Surge Protection Devices
4.1.6 Others
4.2 Global Electric Insulator Market Size by Application
4.2.1 Global Electric Insulator Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Insulator Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Insulator Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Insulator Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Insulator Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Insulator Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Insulator Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Insulator Sales Breakdown by Application (2018-2023)
5 North America Electric Insulator by Country
5.1 North America Electric Insulator Historic Market Size by Country
5.1.1 North America Electric Insulator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Insulator Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Insulator Sales in Value by Country (2018-2023)
5.2 North America Electric Insulator Forecasted Market Size by Country
5.2.1 North America Electric Insulator Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Insulator Sales in Value by Country (2024-2029)
6 Europe Electric Insulator by Country
6.1 Europe Electric Insulator Historic Market Size by Country
6.1.1 Europe Electric Insulator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Insulator Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Insulator Sales in Value by Country (2018-2023)
6.2 Europe Electric Insulator Forecasted Market Size by Country
6.2.1 Europe Electric Insulator Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Insulator Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Insulator by Region
7.1 Asia-Pacific Electric Insulator Historic Market Size by Region
7.1.1 Asia-Pacific Electric Insulator Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Insulator Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Insulator Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Insulator Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Insulator Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Insulator Sales in Value by Region (2024-2029)
8 Latin America Electric Insulator by Country
8.1 Latin America Electric Insulator Historic Market Size by Country
8.1.1 Latin America Electric Insulator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Insulator Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Insulator Sales in Value by Country (2018-2023)
8.2 Latin America Electric Insulator Forecasted Market Size by Country
8.2.1 Latin America Electric Insulator Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Insulator Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Insulator by Country
9.1 Middle East and Africa Electric Insulator Historic Market Size by Country
9.1.1 Middle East and Africa Electric Insulator Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Insulator Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Insulator Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Insulator Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Insulator Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Insulator Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB Ltd.
10.1.1 ABB Ltd. Company Information
10.1.2 ABB Ltd. Introduction and Business Overview
10.1.3 ABB Ltd. Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Ltd. Electric Insulator Products Offered
10.1.5 ABB Ltd. Recent Development
10.2 Aditya Birla Nuvo Ltd.
10.2.1 Aditya Birla Nuvo Ltd. Company Information
10.2.2 Aditya Birla Nuvo Ltd. Introduction and Business Overview
10.2.3 Aditya Birla Nuvo Ltd. Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aditya Birla Nuvo Ltd. Electric Insulator Products Offered
10.2.5 Aditya Birla Nuvo Ltd. Recent Development
10.3 Alstom
10.3.1 Alstom Company Information
10.3.2 Alstom Introduction and Business Overview
10.3.3 Alstom Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Alstom Electric Insulator Products Offered
10.3.5 Alstom Recent Development
10.4 Siemens Ag
10.4.1 Siemens Ag Company Information
10.4.2 Siemens Ag Introduction and Business Overview
10.4.3 Siemens Ag Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Ag Electric Insulator Products Offered
10.4.5 Siemens Ag Recent Development
10.5 ToshibA
10.5.1 ToshibA Company Information
10.5.2 ToshibA Introduction and Business Overview
10.5.3 ToshibA Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ToshibA Electric Insulator Products Offered
10.5.5 ToshibA Recent Development
10.6 Bharat Heavy Electricals Limited (BHEL)
10.6.1 Bharat Heavy Electricals Limited (BHEL) Company Information
10.6.2 Bharat Heavy Electricals Limited (BHEL) Introduction and Business Overview
10.6.3 Bharat Heavy Electricals Limited (BHEL) Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bharat Heavy Electricals Limited (BHEL) Electric Insulator Products Offered
10.6.5 Bharat Heavy Electricals Limited (BHEL) Recent Development
10.7 Hubbell Incorporated
10.7.1 Hubbell Incorporated Company Information
10.7.2 Hubbell Incorporated Introduction and Business Overview
10.7.3 Hubbell Incorporated Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hubbell Incorporated Electric Insulator Products Offered
10.7.5 Hubbell Incorporated Recent Development
10.8 Lapp Insulators
10.8.1 Lapp Insulators Company Information
10.8.2 Lapp Insulators Introduction and Business Overview
10.8.3 Lapp Insulators Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Lapp Insulators Electric Insulator Products Offered
10.8.5 Lapp Insulators Recent Development
10.9 Maclean-Fogg
10.9.1 Maclean-Fogg Company Information
10.9.2 Maclean-Fogg Introduction and Business Overview
10.9.3 Maclean-Fogg Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Maclean-Fogg Electric Insulator Products Offered
10.9.5 Maclean-Fogg Recent Development
10.10 Seves Group
10.10.1 Seves Group Company Information
10.10.2 Seves Group Introduction and Business Overview
10.10.3 Seves Group Electric Insulator Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Seves Group Electric Insulator Products Offered
10.10.5 Seves Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Insulator Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Insulator Industrial Chain Analysis
11.4 Electric Insulator Market Dynamics
11.4.1 Electric Insulator Industry Trends
11.4.2 Electric Insulator Market Drivers
11.4.3 Electric Insulator Market Challenges
11.4.4 Electric Insulator Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Insulator Distributors
12.3 Electric Insulator Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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