The Electric Insulators Market is projected to grow with a CAGR of 6.4% between 2014 and 2019. Increasing investments in the T&D networks along with the commissioning of new power projects, increased in the developments of smart grids in the Europe and North America has increased the demand for electric insulator in the countries.

The increase in demand for energy has increased resulting in T&D expenditure around the globe which has ultimately resulted in the increase in the expansion of T&D infrastructure. Consequently, the usage of electric insulator has also increased as insulators are used in distribution lines, transmission lines as well as in substations.

In terms of significance, the market has been segmented on the basis of type include ceramic, glass, and composite insulators markets. The market segments by application include cables & transmission lines, transformers, switchgears, bus bars, surge protection devices, among others. The market segments by end-user include utilities, and industries among others. The market segments by category include bushings and other insulators. The market segments by voltage include high voltage, medium voltage, and low voltage. The geographic segmentation includes the market size and share of North America, South America, Asia-Pacific, Europe, Middle East and Africa.

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Objectives of the study:
• To define, describe, and forecast the Electrical Insulator Market by Type , End user, Category, Applications and region
• To provide detailed information regarding major factors influencing the growth of the Electrical Insulator Market (Restraints, opportunities, and industry-specific challenges)
• To strategically analyze the Electrical Insulator Market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To strategically profile key players and comprehensively analyze their market shares and core competencies

Key Player Analysis:
The leading players of the market such as ABB Ltd. (Switzerland), Aditya Birla Nuvo Ltd. (India), Alstom (France), Siemens AG (Germany), and Toshiba Corporation (Japan) have been profiled to provide the scenario of the competitiveness in the electric insulator market. Companies’ strategic expansion and planned mergers and acquisitions have helped them to enhance their product portfolio in different geographical locations whereas the agreements, contracts, joint ventures and partnerships have been the key policies adopted by the companies to increase their market share.

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The increase in the global energy demand coupled with the increase in the T&D investments are encouraging the demand for electric insulator for power T&D applications. Increasing utilization of the smart grid concept particularly in Europe along with the increased focus on generation of electricity from renewable resources has further increased the development of the T&D network. This has, in turn, also increased the usage of electric insulator all over the world. Leading manufacturers of electric insulator are focussing on both developed and emerging countries that have the potential for electric development in the nearby future

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