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United States Electric Insulator Market | Price, Size, Share, Cost Module and Forecast during 2022-2027

12-26-2022 06:14 PM CET | Energy & Environment

Press release from: IMARC Group

United States Electric Insulator Market

United States Electric Insulator Market

IMARC Group's latest report, titled "United States Electric Insulator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the United States electric insulator market size reached US$ 2,893.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 4,011.7 Million by 2027, exhibiting a growth rate (CAGR) of 5.5% during 2022-2027.

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

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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