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United States Electric Insulator Market | Price, Size, Share, Cost Module and Forecast during 2022-2027
United States Electric Insulator Market
An electric insulator is a material with high resistivity and low electrical conductivity used to stop the flow of electrical current. It is also used in electrical circuits, which lowers damage to properties and lives in case of mishaps. Ceramic, glass, wood, silk, paper, wood, rubber, and plastic are some of the most commonly used electric insulating material. They are useful for coating wires and distributing electric networks and act as dielectrics in capacitors.
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United States Electric Insulator Market Demand:
The United States electric insulator market is primarily driven by the growing awareness and the increasing international pressure to lower greenhouse gas emissions, which have resulted in the shift toward the adoption of renewable energy sources. The rising investments to refurbish the aging grid infrastructure has prompted the country to upgrade the network, which is expected to create a positive outlook for the market. For instance, American Electric Power, a US retail energy provider, has invested approximately US$ 9 Billion between the 2017-2019 in-state transmission system to modernize the design standards for improving efficiency and strengthening grid infrastructure. Furthermore, the growth in electricity transmission and distribution (T&D) networks is also catalyzing the growth of the market.
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Key Market Segmentation:
Breakup by Material:
• Ceramic/Porcelain
• Glass
• Composites
• Others
Breakup by Voltage:
• Low
• Medium
• High
Breakup by Category:
• Bushings
• Other Insulators
Breakup by Installation:
• Distribution Networks
• Transmission Lines
• Substations
• Railways
• Others
Breakup by Product:
• Pin Insulator
• Suspension Insulator
• Shackle Insulator
• Others
Breakup by Rating:
• 11 kV
• 11 kV
• 22 kV
• 33 kV
• 72.5 kV
• 145 kV
• Others
Breakup by Application:
• Transformer
• Cable
• Switchgear
• Busbar
• Surge Protection Device
• Others
Breakup by End Use Industry:
• Utilities
• Industries
• Others
Breakup by Region:
• Northeast
• Midwest
• South
• West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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