Electric Insulator Market 2016: Outlook, Manufacturers, Overall Analysis, Prospects and CAGR | Forecast Till 2028

According to the latest report by Quince Market Insights, the increasing investments in smart grid projects and growing adoption of renewable energy sources are expected to drive the growth of the Electric Insulator Market during the forecast period. This has resulted in some of the key developments that companies operating on the market have in consolidating their market positions and looking for further opportunities for niches.

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An electric insulator resists the transmission of energy from one medium to another. It is used in an electrical system to prevent undesirable flow of current from its supporting points into the earth. Insulators are used primarily in applications where electric charge flow prevention is required. These materials function as effective non-conductors as they lack the mobile electric charge needed to propagate electrical current.

Segmentation for better understanding of this market:

The electric market insulator market has been segmented based on voltage into high voltage, medium voltage, and low voltage. Low voltage equipment is used in commercial, residential, industrial buildings. Based on application, the market has been segmented into surge protection services, switchgear, cable & transmission lines, transformer, busbar, and others. Based on end-user, the market has been segmented into utilities, industrial, and others. Key factors fueling market growth are increasing investments in smart grid projects and growing adoption of renewable energy sources.

Significant Factors Impacting Market Growth:
o Increasing investments in smart grid projects
o Growing adoption of renewable energy sources
o Rising electric infrastructure spending
o Increasing demand for electricity

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Alstom
2. BHEL
3. ABB
4. Lapp Insulators
5. Hubbell Inc.
6. Maclean-Fogg
7. Serves
8. Siemens AG
9. Aditya Birla Nuvo
10. NGK Insulators Ltd
11. WT Henley

Insights about regional distribution of market:
The electric insulator market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe are major regions for the electric insulator market owing to various applications and competitive scenarios. Some of the applications include surge protection services, switchgear, cable & transmission lines, transformers, etc. These markets were dynamic in terms of new developments in the products and related activities. Hence, some of this market's emerging sub-segments promise high potential in this region.

Major countries for the electrical insulator market in these regions include the US, Germany, France, UK, Canada, Italy, and so on.

Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors in these regions influencing market dynamics. Developing regions including Asia Pacific, South America, and Africa have seen key organic and inorganic growth strategies evolve. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. Some of the region's key economies have been China, India, Brazil, South Africa, South Korea, Japan and others. The Middle East also promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets.

Market Segmentation:

By Type:
Glass
Composite
Ceramic

By Voltage:
High Voltage
Medium Voltage
Low Voltage

By Application:
Surge Protection Services
Switchgear
Cable & Transmission Lines
Transformer
Busbar
Others

By End User:
Utilities
Industrial
Others

By Region:
North America
By Country (US, Canada, Mexico)
By Type
By Voltage
By Application
By End-User
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Type
By Voltage
By Application
By End-User
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Voltage
By Application
By End-User
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Type
By Voltage
By Application
By End-User
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Type
By Voltage
By Application
By End-User
Rest of the World
By Region (South America, Africa)
By Type
By Voltage
By Application
By End-User

Reasons To Buy This Report:
o Market size estimation of the global electric insulator market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.