Press release
Global Insulation Monitoring Devices Market to grow at a CAGR of 4.82% during the period 2017-2021
About Insulation Monitoring Devices
An insulation monitoring device continuously monitors the insulation resistance of an unearthed power system between an active phase conductor and earth. Whenever the insulation resistance in the system falls below a threshold limit, the device triggers an alarm.
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This device is widely used in unearthed systems where a continuous power supply is indispensable to avoid risking human life, such as in mines, hospitals, railways, and airports.
Technavios analysts forecast the global insulation monitoring devices market to grow at a CAGR of 4.82% during the period 2017-2021
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Covered in this report
The report covers the present scenario and the growth prospects of the global insulation monitoring devices market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Insulation Monitoring Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ABB
Eaton
Littelfuse
Mitsubishi Electric
Schneider Electric
Other prominent vendors
Bender GmbH & Co. KG
Cirprotec
E. Dold & Shne KG
Hakel
Martens (GHM Messtechnik GmbH)
Megacon
Ppo elektroniikka
Siemens
MUUNTOSHK OY - TRAFOX
Viper innovations
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Market driver
Growth of renewable energy in power generation mix
For a full, detailed list, view our report
Market challenge
Slow growth in the mining industry
For a full, detailed list, view our report
Market trend
Increase in use of low voltage DC power systems
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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