Global Insulators Market Growth 2023-2029

Global 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.

LPI (LP Information)' newest research report, the “Insulators Industry Forecast” looks at past sales and reviews total world Insulators sales in 2022, providing a comprehensive analysis by region and market sector of projected Insulators sales for 2023 through 2029. With Insulators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insulators industry.

This Insight Report provides a comprehensive analysis of the global 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 Insulators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Insulators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Insulators.

The global Insulators market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Global Glass Insulators key players include Seves Group, MacLean Power Systems, Nanjing Electric (BPG), Global Insulator Group, Sichuan Yibin Global Group, etc. Global top five manufacturers hold a share over 70%.

China is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 50%.

In terms of product, Suspension Glass Insulators is the largest segment, with a share over 70%. And in terms of application, the largest application is Distribution & Railway, followed by HVDC, HVAC, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Insulators market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Porcelain Insulators

Composite Insulators

Glass Insulator

Segmentation by application

Low Voltage Line

High Voltage Line

Power Plants and Substations

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.

ABB

GAMMA Insulator (Corona Group)

GE

Global Insulator Group

Hubbell

INAEL Elactrical

Incap Limited

JSC U.M.E.K.

Lapp Insulators

MacLean Power Systems

Meister International

MR

Nanjing Electric (BPG)

NGK-Locke

PPC Insulators

Seves Group

Shandong Ruitai Glass Insulator

Sichuan Yibin Global Group

SIEMENS

TE

Verescence La Granja Insulators

Victor Insulators

Zhejiang Jinlihua Electric

Zhejiang Tailun Insulator

ZX Insulators

Key Questions Addressed in this Report

What is the 10-year outlook for the global Insulators market?

What factors are driving Insulators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Insulators market opportunities vary by end market size?

How does 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.