Insulator Market Highlights
The global insulator market is driven by the need for reliable electric supply, maximum safety in transmission & distribution network, and also the investments into the replacement of matured electric grid structures with modern upgraded ones. An Insulator is a device, which resists the transmission of energy from one medium to another. Insulators are predominantly used in electrical applications and transmission & distribution. The property of an electric insulator, which doesn't allow the electric charge to flow through it, is called resistivity. The global insulator market is driven by the increasing need of reliable electric supply & subsequent investment in transmission & distribution network, grid expansion, and developing safe electrical infrastructure.
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Insulators are widely accepted across the world in various industrial & commercial sector as a safety device owing to properties such as, they have very high resistivity, high dielectric strength, low thermal expansion and the tightly held valence electrons in the insulator material allows them to resist the electron flow through them. Also, compact design and low manufacturing cost makes it permeable for the installation in various utilities and industrial sector. The constant need for electricity and the worldwide growth in grid infrastructure, will aid in the growth of global insulator market over the forecast period.
Key Players:
The key players of global insulator market are General Electric (U.S.), Siemens AG (Germany), Alstom S.A (France), Aditya Birla Nuvo Ltd. (India), Bharat Heavy Electricals Limited. (India), Toshiba Corporation (Japan), Hubbell Incorporated (U.S), Seves Group (Italy), Dalian Yilian Technology Co. Ltd. (China) and ELANTAS GmbH (Germany).
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Segmental Analysis
The global insulator market Segmented on the basis of type, voltage, application, end user and by region.
On the basis of type, the global insulator market is segmented into ceramic, glass and composite.
On the basis of voltage, the global insulator market is segmented into low voltage, medium voltage and high voltage.
On the basis of application, the global insulator market is segmented into cables & transmission lines, transformers, switchgears, busbars and surge protection services.
On the basis of end user, the global insulator market is segmented into utilities, industries, and others
Based on region, the market is segmented into North America, Europe, Asia-Pacific and Middle East & Africa.
Intended Audience:
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
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