openPR Logo
Press release

Electric Insulators Market Excellent Revenue Growth by 2024 : Prominent Players Elsewedy Electric, Southwire Company, TE Connectivity, Hubbell Incorporated, SEVES

02-11-2019 07:55 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Electric Insulators Market

Electric Insulators Market

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.

Request for a sample of research report @ https://www.gminsights.com/request-sample/detail/1272

Electric Insulators Market will exceed USD 6 Billion by 2024, as reported in the latest study by Global Market Insights, Inc. Rising investment toward upgradation of aging infrastructure to establish sustainable electrical network will boost the electric insulators market. Rising public and private investments to avail uninterrupted power supply will further enhance the business landscape. In 2017, the Asian Development Bank (ADB) declared an investment of USD 6.5 million toward the development of electrical infrastructure in Southeast Asia.

Growing investments toward the refurbishment of aging grid infrastructure across developed economies along with the growing adoption of smart grid technology will stimulate the global electric insulators market size. Sizeable expenditure toward modernization of electrical infrastructure along with rapid urbanization will further drive the industry. According to the recent report of World Energy Outlook, an investment of over USD 3.4 trillion contribute to the refurbishment and replacement of existing assets.

Speaking of the lucrative opportunities that companies operating in this business sphere are expected to thrive on, the emerging economies are claimed to be a prominent hub for the market players with regard to exploiting the commercialization potential. Citing a relevant statistic by the World Bank – more than 55% of the total T&D investment across the Asia Pacific belt & Africa will be solely driven by the need to extend transmission lines to 75 million kilometers – a fact clearly depicting huge electric insulators market demand across the regions. In fact, as per experts, China is anticipated to be a major stakeholder of the electric insulators industry space, with a projected CAGR of 5% over 2018-2024.

Rising demand across the primary and secondary transmission networks will augment the 145 kV electric insulator market. Ability to withstand mechanical load and operational safety are some of the key features that will support the product penetration.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1272

As it is being reported, a new type of topological insulator has been inaugurated in electric insulators market, which is claimed to be more energy efficient and reliable than its conventional predecessor. While the underlining designing has been borrowed from the concept of traditional topological insulators, this advanced device is ingrained with grids of semiconductor rings that convert energy into light particles. Sources claim that the rings are clung together by race track shaped loops to channel all the photons along a single track around the grid until it results in emitting a light beam. Reportedly, while experimenting the researchers fed electrical energy into the grid’s outer ring, and it was found that the device could convert the energy into laser beam.

Key industry players operating across the electric insulators industry Siemens, Hubbell Incorporated, NGK Locke Polymer Insulators, SEVES, Elsewedy Electric, Southwire Company, Goldstone infratech limited, TE Connectivity.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://global4energy.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electric Insulators Market Excellent Revenue Growth by 2024 : Prominent Players Elsewedy Electric, Southwire Company, TE Connectivity, Hubbell Incorporated, SEVES here

News-ID: 1578248 • Views: 754

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Electric

Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
New Electric Wheelchair
The wheelchair is controlled by a motor. With safety light. Convenient to use at night. Freely adjusting the backrest angle is more comfortable for the user. The average driving speed is 1-6km/h. The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu, China. Through substantial previous international B2B e-commerce field experience, Jiangsu Medwish is dedicated to establishing a globally recognized framework and
Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Major driving factors of the Electric Truck Market the trucking industry is in the stages of a technological changes, with a particular focus
India pushes Electric Vehicles
The Indian government’s recent tweaking of the licensing policy for Electric Vehicles (EV) promises to address the infrastructure obstacle holding back the sector. The setting up of EV charging stations by the government would no longer require a license from the Ministry, paving the way for the faster construction of these stations. Earlier this year, Ola – the cab firm – initiated ‘Mission: Electric’ with plans to put 10,000 electric auto-rickshaws and
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in