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.
Railways electric insulator market will grow owing to the rising demand for efficient network of transport infrastructure. Massive investments by government authorities for the expansion of grid networks for the development of optimized and well enhanced electric infrastructure will enhance the business outlook. Development of high-strength, lightweight, and vandal-resistant products to ensure the obstruction-free railway signals will further provide a stimulus to the industry growth.
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Electric insulator market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2013 to 2024, for the following segments:
Electric Insulators Market, By Material
Electric Insulator Market, By Voltage
Table of Content:
Chapter 1. Methodology and Scope
1.2. Market definitions
1.3. Market estimation and forecast parameters
1.4. Data Sources
220.127.116.11. Paid Sources
18.104.22.168. Public Sources
Chapter 2. Executive Summary
2.1. Electric insulators industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Voltage trends
2.1.4. Application trends
2.1.5. Product trends
2.1.6. End-Use trends
2.1.7. Rating trends
2.1.8. Installation trends
2.1.9. Regional trends
Chapter 3. Electric Insulators Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation and technology landscape
3.5. Comparative analysis
3.5.1. Porcelain and Composite Insulators
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