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Electric Insulator Market

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jaya rathod
Electric Insulator Market

Electric Insulator Market is estimated to reach US$ XX Bn by 2026 in terms of revenue at CAGR of XX % in the forecasting Period. Growing investments toward the refurbishment of aging grid infrastructure across developed economies along with the acceptance of smart grid technology will drive the global electric insulators market. Sizable expenditure toward modernization of electrical infrastructure along with rapid urbanization will further drive the overall Electric Insulator Market. According to the recent report of World Energy Outlook, an investment of more than USD 3.4 trillion has been made to contribute to the refurbishment and replacement of existing assets showing the huge demand and opportunities for market growth.

 

Aging equipment, increased demand, capacity bottlenecks, along with rising emphasis toward the capacity addition of power generation will enhance the industry growth of electric insulators.

 

Electric Insulator Market Electric Insulator Market is segmented by the material, voltage, application, product, end use, rating, installation and region. Based on material segment porcelain electric insulators has dominated the global electric insulator market in 2017. Ability to offer optimum mechanical strength and withstanding considerable stress resistance are the key factors supporting the product’s dominance across the industry landscape among other segments. Moreover, the growing prominence of polymeric counterparts is expected to offer a competitive edge to these insulators.

 

Under the product segment, pin electric insulator held highest market share in 2017. These insulators find applications across distribution and sub-transmission lines, in form of single-piece or multi-piece, depending on the voltage of application. High anti-fog performance, ease of manufacturing, and operational flexibility are also some of the underlying parameters that support the product penetration of pin electric insulator.

 

Electric Insulator are be also segmented based on applications, where the transformers segment held the highest market share primarily driven by rising concerns over power thefts & protection along with increased focus on real-time monitoring of power networks.

 

Asia-Pacific among other regions held the largest Electric Insulator Market share in 2017 and is also expected to have a high growth rate in the forecast period with China being a major contributor to the overall market. Favorable government reforms toward energy efficiency along with strengthening focus on up-gradation and expansion of the existing R&D infrastructure will propel the market growth. For instance, in 2016 the State Grid Corporation of China (SGCC) announced plans to expand investment in the country’s electrical transmission infrastructure by 28% over the period of next five years.

 

Key player across the electric insulator industry are General Electric, ABB, Siemens, Hubbell Lapp Insulators, and NGK Insulators. Major industry participants are focusing on design innovations and expansion of the product line as part of a strategy to meet the regulatory standards and enhance the market presence. Furthermore, electric insulator manufacturers are undertaking M&A activities to expand their global footprint.

 

For More Information Visit

https://www.maximizemarketresearch.com/market-report/electric-insulator-market/11647/

Market Scope High-Voltage Switchgear Market:

 

High-Voltage Switchgear Market By Material

 

  • Ceramic/Porcelain
  • Glass
  • Composite

High-Voltage Switchgear Market By Voltage

 

  • High
  • Medium
  • Low

High-Voltage Switchgear MarketBy Application

 

  • Cables and transmission lines
  • Switchgears
  • Transformers
  • Busbars
  • Others

High-Voltage Switchgear Market By Product

 

  • Pin
  • Suspension
  • Shackle
  • Others

High-Voltage Switchgear Market By End-Use

 

  • Residential
  • Commercial & Industrial
  • Utilities

High-Voltage Switchgear Market By Rating

 

  • <11 kV
  • 11 kV
  • 22 kV
  • 33 kV
  • 72.5 kV
  • 145 kV
  • 220 kV
  • 400 kV
  • 800 kV
  • 1200 kV

High-Voltage Switchgear Market By Installation

 

  • Distribution
  • Transmission
  • Substation
  • Railways
  • Others

High-Voltage Switchgear Market By Geography

 

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Key Players operating in the High-Voltage Switchgear Market:

 

  • General Electric
  • ABB
  • Siemens
  • Hubbell Lapp Insulators
  • NGK Insulators
  • Aditya Birla.
  • Maclean Fogg
  • Elsewedy Electric
  • Seves Group
  • BHEL
  • TE Connectivity

This Report Is Submitted By @Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

 

Contact info:

Name: Lumawant Godage

Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.

Contact: +91 20 6630 3320/ +919607065656/ +919607195908

 

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