Insulator Market - Worldwide Industry Analysis, Size, Share, Growth Analysis, Trends
and Forecast 2018 – 2023
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
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).
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