Global Glass Insulators Market Growth 2023-2029
Insulators are used in electrical equipment to support and separate electrical conductors without allowing current through themselves. An insulating material used in bulk to wrap electrical cables or other equipment is called insulation. The term insulator is also used more specifically to refer to insulating supports used to attach electric power distribution or transmission lines to utility poles and transmission towers. They support the weight of the suspended wires without allowing the current to flow through the tower to ground. Glass Insulators are for use on transmission line and shall be of the standard profile cap and pin type.
LPI (LP Information)' newest research report, the “Glass Insulators Industry Forecast” looks at past sales and reviews total world Glass Insulators sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Insulators sales for 2023 through 2029. With Glass Insulators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Insulators industry.
This Insight Report provides a comprehensive analysis of the global Glass Insulators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glass Insulators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Insulators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Insulators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glass Insulators.
The global Glass Insulators market size is projected to grow from US$ 195.7 million in 2022 to US$ 245.9 million in 2029; it is expected to grow at a CAGR of 245.9 from 2023 to 2029.
China has the largest global export quantity and manufacturers in Glass Insulators market, while the North America is the second sales volume market for Glass Insulators in 2019. In the industry, Seves Group profits most in 2019 and recent years, while MacLean Power Systems and Nanjing Electric (BPG) ranked 2 and 3. The market share of them is 20.61%, 17.16% and 14.49% in 2019. The gap of market share is keep on enlarged due to different strategy.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Insulators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Suspension Glass Insulators
Pin Glass Insulators
Segmentation by application
Distribution & Railway Applications
HVDC Applications
HVAC Applications
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Seves Group
MacLean Power Systems
Nanjing Electric (BPG)
Global Insulator Group
Sichuan Yibin Global Group
ZX Insulators
Zhejiang Tailun Insulator
JSC U.M.E.K.
Shandong Ruitai Glass Insulator
Hubbell
Verescence La Granja Insulators
Zhejiang Jinlihua Electric
Victor Insulators
GAMMA Insulator (Corona Group)
Incap Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Insulators market?
What factors are driving Glass Insulators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Insulators market opportunities vary by end market size?
How does Glass Insulators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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