Electric Insulator Market

1
Opportunity Analysis and Industry Forecast,
2016-20237
Electric Insulator Market by Type, by Material
Type, by Voltage, by Application, by End Use
Global Opportunity Analysis and Industry
Forecast, 2021-2031
Pages 467 Tables 406 Charts81
2

• Top Impacting Factors
• The electric insulator market size was valued at
  12.6 billion in 2021, and electric insulator
  industry is estimated to reach 20.8 billion by
  2031, growing at a CAGR of 5.2 from 2022 to
  2031.
• An electrical insulator is used in an electrical
  system to prevent unwanted flow of current.
• Electric Insulator is a very high resistive path
  through which practically no current can flow.
• They are made up of materials such as ceramic,
  composite, glass, and other materials that are
  used for improving the quality of power and
  correcting the power factor.

Global Electric Insulator Market Outlook (2021
2031)
Pages 467 Tables 406 Charts81
3

• The industrial inclination toward the advancement
  of existing electrical infrastructure is
  projected to have positive influence on the
  electric insulator market growth.
• Electricity demand, opportunities to realize
  efficiency gains, and the potential to lower
  carbon emissions are some of the key factors that
  drive the massive global investment in the
  transmission of electricity infrastructure and
  electric insulator.
• On the basis of type, the market is fragmented
  into shackle insulator, pin insulator, suspension
  insulator, and others.

Global Electric Insulator Market Outlook (2021
2031)
Pages 467 Tables 406 Charts81
4

• Key Findings of The Electric Insulator Market
• Asia-Pacific had dominant position in 2021 as per
  electric insulator marke analysis and would
  continue to maintain the lead over the forecast
  period.
• By type, pin insulator segment accounted for the
  largest share in 2021 .
• By material type, composite segment accounted for
  the largest share in 2021.
• By voltage, medium segment is projected as most
  lucrative segment.
• By application, transformer segment is projected
  to create abundant revenue opportunity till 2030.
• By end use, utilities segment is projected to
  grow at a CAGR of 4.1 by 2030.

Global Electric Insulator Market Outlook (2021
2031)
Pages 467 Tables 406 Charts81
5

• The key players profiled in the report include
• Siemens AG
• Modern Insulators
• Elsewedy Electric
• Hitachi Energy
• Zhengzhou Orient Power
• Seves Group
• ABB Ltd
• INCAP
• Aditya Birla Insulators
• NGK Insulators Ltd.
• BHEL

Global Electric Insulator Market Outlook (2021
2031)
Pages 467 Tables 406 Charts81
6
Global Electric Insulator Market Outlook (2021
2031)
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