Global Electric Insulator Sales Market Report 2020

An insulator is an electrical component which is used to provide insulation between two conductors. It can also be used to provide mechanical support in its area of application. Along with this, the insulator also resists electrical stress, and environmental stress which may arise due to weather changes. Electric insulators thus form a vital and integral component of the power T&D infrastructure. Moreover, any major electric component utilizes insulators in order to shield itself from voltage overloads that can damage sensitive instruments. Insulators have been in use since the 17th century and were initially used in the telegraph industry. On the basis of the material of construction, insulators can be categorized into ceramic, glass, and composite insulators. Initially, glass insulators were used but were soon replaced in many applications by ceramic insulators. However, the developments within the last half century have boosted the usage of composite insulators which offer better protection against contaminants such as water. Apart from this, electric insulators are widely being used by end-users that include utility, industries, and other auxiliary use such as in traction equipment.
To meet the growing demand for energy particularly in developing regions such as Asia-Pacific, there is a need for increasing the power transmission & distribution (T&D) infrastructure as well. This is evident as the global expenditure on T&D is increasing every year. The growing demand for electricity is seen in both the developing regions as well as the developed regions. The evolution of smart grid is further boosting the need for the up-gradation of the existing T&D infrastructure. European energy markets have already started transitioning towards the smart grid technology with large investments being made in France and U.K. With the continued increase in the electricity T&D expenditure in the near future, the electric insulators market is growing.

Market Analysis and Insights: Global Electric Insulator Market
The global Electric Insulator market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of 6.9% during 2021-2026.

Global Electric Insulator Scope and Market Size
The global Electric Insulator market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Insulator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Electric Insulator market is segmented into
Ceramic Insulators
Glass Insulators
Composite Insulators

Segment by Application, the Electric Insulator market is segmented into
Cables & transmission lines
Transformers
Switchgears
Bus bars
Surge protection devices
Others

The Electric Insulator market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Insulator market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Electric Insulator Market Share Analysis
Electric Insulator market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Electric Insulator business, the date to enter into the Electric Insulator market, Electric Insulator product introduction, recent developments, etc.

The major vendors covered:
ABB Ltd.
Aditya Birla Nuvo Ltd.
Alstom
Siemens Ag
ToshibA
Bharat Heavy Electricals Limited (BHEL)
Hubbell Incorporated
Lapp Insulators
Maclean-Fogg
Seves Group

Frequently Asked Questions