Global Disc Insulators Market Growth during the Forecast Period, 2018-2028 / Rajeev Industries, Rashtriya Electrical And Engineering Corporation, Naresh Potteries, JS Group, Mohinder Bedi & Sons, Adpro Pvt. Ltd
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There has been a considerable rise in demand for electrical power across the globe, which in turn has underpinned adoption of various types of insulators, and disc insulators are no exception. Failure of the overhead transmission insulators in light of pollution or contaminated environment prevails as a major concern among utilities worldwide. In a bid to resolve these challenges, key players in the disc insulators are focusing on new techniques that enhance electric field strength and surface potential for existing disc insulators utilized in both DC transmission and HVAC.
Emerging players in the disc insulators market are primarily focusing on the provision of a wide variety of disc insulators that are cost-effective. Utilization of high-grade raw material, and ensuring hassle free and safe delivery of products is a key agenda among these players to eat into the shares of the disc insulators market.
Global Disc Insulators Market: Introduction
The Disc Insulators market is anticipated to gain traction over the forecast period owing to high adoption of disc insulators for long distance transmission. Disc insulators are made with the help of wet procedures and are generally green and brown glazed. The design of disc insulators varies to suit different kinds of mechanical strength and polluted zones. Disc insulators can be used for any voltage depending on the number of units mounted in a series. Moreover, disc insulators have huge applications in current and voltage transformers.
Disc Insulators are available in different materials, including porcelain, glass and polymer. Among these, glass disc insulators are highly preferred in transmission and distribution systems owing to their various advantages, such as high tensile strength, high resistivity, low coefficient of thermal expansion, etc. In addition, B&S (Ball and Socket) disc insulators provide a cost effective solution for low and medium polluted environments.
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Global Disc Insulators Market: Market Dynamics
Disc insulators are majorly used in distribution and power transmissions. This is anticipated to increase the demand for disc insulators and will drive the growth of market over the forecast period. Moreover, disc insulators are reliable owing to the fact that the reliability of these insulators is ensured through special tests, such as steep front wave, thermal mechanical performance, power arc test and others. The high reliability offered by these insulators will accelerate the growth of this market during the forecast period. That apart, disc insulators also provide several advantages, such as low operating cost, ease of maintenance, among others, which will create further opportunities in the disc insulators market during the forecast period.
In disc insulators, moisture gets easily condensed on the surface and hence, air dust also gets easily deposited on the wet surface. This creates way for the leakage of current in the system. This is anticipated to be a major factor hampering the growth of disc insulators market over the forecast period. Moreover, due to the combination of capacity of conductors and disc insulators, the potential distribution of insulator strings is irregular, which is expected to hinder the growth of the disc insulators market in near future.
Global Disc Insulators Market: Regional Outlook
During the forecast period, Asia Pacific is estimated to witness high growth in the disc insulators market, owing to the fact that old electrical insulators are being replaced with latest technologies in emerging economics, such as China, India and Japan. Glass disc insulators are highly preferred over others due to their various advantages. North America, in particular, is expected to witness significant growth in the disc insulators market, due to high demand for disc insulators in the region. Owing to the growing demand for disc insulators from the railway electrification sector, Europe is expected to grow with significant CAGR during the forecast period. Middle East and Africa is estimated to support the growth of the disc insulators market over the forecast period due to expected growth in the industrial sector in the upcoming years.
Global Disc Insulators Market: Key Participants
Examples of some of the market participants identified across the value chain of the global disc insulators market include Bikaner Porcelain Private Limited, Bharat Heavy Electricals, Zhejiang Haivo Electrical Co., Ltd., Liling Special Insulator Factory, Suraj Ceramics Industries, Rajeev Industries, Rashtriya Electrical And Engineering Corporation, Naresh Potteries, JS Group, Mohinder Bedi & Sons, Adpro Pvt. Ltd.
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