Electric Insulators Market Key industry players operating across the electric insulators industry include ABB, Siemens, Maclean Fogg, Elsewedy Electric, Lapp Insulators, TE Connectivity, Seves Group and NGK Insulators
UK market will exceed an annual installation of 5 million units by 2024. Increasing demand for smart grid structure along with stringent energy-efficiency protocols will stimulate the industry landscape. Channelized investment by regulators to support the electricity generation and distribution will further enhance the business outlook.
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Rural electrification measures across the emerging markets coupled with the increasing demand for safe and reliable power will drive the global market growth. Rigorous R&D investments favored by adoption of economies of scale by leading product manufacturers will further thrust the industry growth.
Porcelain electric insulators market will witness growth on account of its technical maturity and industry dominance. Ability to perform in rugged environments with minimal leakage and corrosion while sustaining temperature changes are some of the imperative parameters that will fuel the adoption of these insulators.
Rising demand for electricity along with the increasing establishment of electric networks across commercial & industrial establishments will augment the market. Government programs pertaining to modernization of power grid, including grid energy storage and smart grid development will further fuel the business growth.
China market is projected to expand over 5% by 2024. Ongoing investments in the utility & industrial-based electrification systems and extensive government support for the grid refurbishment projects will drive the industry landscape. Shifting trends toward the expansion of overhead electric lines along with focus toward the development of energy-optimized products will boost the product penetration.
Medium voltage electric insulators market is anticipated to witness appreciable growth owing to their wide applications in residential and commercial establishments. Favorable power distribution reforms toward expansion of distribution networks coupled with increasing commercialization will further enhance the industry landscape.
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Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Electric Insulators Industry Insights
Chapter 4. Electric Insulators Market, By Material
Chapter 5. Electric Insulators Market, By Voltage
Chapter 6. Electric Insulators Market, By Application
Chapter 7. Electric Insulators Market, By Product
Chapter 8. Electric Insulators Market, By End use
Chapter 9. Electric Insulators Market, By Rating
Chapter 10. Electric Insulators Market, By Installation
Chapter 11. Electric Insulators Market, By Region
Chapter 12. Company Profiles
Electric Insulators Market, By Material
Electric Insulator Market, By Voltage
Electric Insulators Market, By Application
• Cables and transmission lines
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