Electric Insulators Market Insights, Forecast to 2025 at a CAGR of 5.58%
This report presents the worldwide Electric Insulators market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The report "Electric Insulator Market by Type (Ceramic, Glass, and Composite), Voltage (Low, Medium, and High), Category (Bushings), End-User (Utilities, Industries), Application (Transformer, Cables, Busbar), and Region - Global Forecast to 2023", The electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. Increasing investments in T&D networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources across the globe are likely to drive the electric insulator market. Increasing investments in smart grid projects and growing demand for HVDC transmission projects can lead to opportunities in the electric insulator market.
The years considered for the study are as follows:
· Base Year: 2017
· Estimated Year: 2018
· Projected Year: 2023
· Forecast Period: 2018–2023
The following manufacturers are covered in this report: ABB ,General Electric ,Siemens ,Lapp Insulators ,Hubbell Incorporated ,NGK Insulators ,Aditya Birla Nuvo ,Seves Group ,Maclean Fogg ,BHEL ,Elsewedy Electric ,TE Connectivity
· Study of annual revenues and market developments of major players providing electric insulators market
· Analysis of the major end-users and applications of electric insulators market
· Assessment of future trends and growth of market on the basis of investments in key end-user segments
· Study of contracts & developments related to the market by key players across different regions
· Finalization of the overall market sizes by triangulating the supply-side data, which includes product developments, supply chains, and annual revenues of companies manufacturing market across the globe
Reasons to Purchase Electric Insulator Market Report
· Current and future outlook of the electric insulator market in the developed and emerging countries
· Analyzing various perspectives of the market with the help of Porter’s five forces analysis
· Identify the segment that is expected to dominate the market
· Regions that are expected to witness fastest growth, during the forecast period
· Identify the latest developments, market share, and strategies employed by the major market players.
· 3-month analyst support along with the Market Estimate sheet (in excel)
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