Market Overview:
The global dielectric medium market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and renewable energy sources. The ceramic segment is expected to dominate the market during the forecast period owing to its properties such as high thermal conductivity, low thermal expansion coefficient, and good electrical insulation.
Product Definition:
A dielectric medium is a material that does not allow an electric current through it. Dielectric materials are often used in capacitors to store energy. They are also used in electrical insulation to prevent currents from flowing through parts of a circuit that should be isolated from each other.
Ceramic:
Ceramic is a solid material that is resistant to heat, electricity and chemicals. The most common types of ceramics are ceramic tiles, porcelain tiles, sanitary ware (including bathroom fittings), refractory materials and fiberglass. Ceramic fibers are used in many applications including insulation and electrical conductors owing to their high thermal conductivity and low weight as compared to conventional materials such as copper or steel wire.
Composite:
Composite is a combination of two or more materials, which are combined to form one substance, by melting them and allowing them to cool. The most common composite materials are wood, fiberglass reinforced plastic (FRP), carbon fiber reinforced plastic (CFRP), paper honeycomb, ceramic matrix composites (CMC), and glass fibers.
Application Insights:
The industries application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing demand for electric and electronic equipment, which requires dielectric materials with high properties such as high dielectric strength, excellent moisture resistance and low operating temperature.
Utilities application segment is expected to be the fastest-growing market owing to rapid urbanization leading to increased electricity consumption, coupled with growing investments by governments in infrastructure development. For instance, according to a study conducted by McKinsey Global Institute (MGI), it was estimated that between 2014 and 2020 approximately USD 250 trillion will be invested globally in new power plants, transmission & distribution networks along with other public infrastructure projects. This investment is expected to drive industry growth over the forecast period.
Other applications include consumer electronics (such as smartphones or laptops).
Regional Analysis:
Asia Pacific dominated the global dielectric medium market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from industries, such as manufacturing, automotive, construction and others. Increasing population coupled with rapid urbanization has led to an increased requirement for infrastructure development in emerging economies such as India and China. This factor is also projected to fuel industry expansion over the next eight years.
North America accounted for a significant share of revenue in 2017 owing to growing demand from end-use industries along with stringent government regulations regarding environmental pollution caused during manufacturing of electric vehicles (EVs). In addition, rising need for power backup facilities due to emergencies is anticipated drive product adoption across this region over the forecast period.
Growth Factors:
- Increasing demand for Dielectric Medium in the electronics industry for various applications such as capacitors, transistors, and integrated circuits.
- Growing demand from the automotive sector for Dielectric Medium in electric vehicles and hybrid vehicles.
- Rising demand from the medical sector for Dielectric Medium in diagnostic imaging and radiation therapy equipment.
- Increasing use of Dielectric Medium in renewable energy systems such as solar photovoltaic (PV) cells and wind turbines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dielectric Medium Market Research Report
By Type
Ceramic, Composite, Glass
By Application
Utilities, Industries, Others
By Companies
ABB, Aditya Birla Nuvo, Siemens, General Electric, NGK Insulators, Hubbell, Toshiba, Bharat Heavy Electricals, Lapp Insulators, Maclean-Fogg, ABB, TE Connectivity
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Dielectric Medium Market Report Segments:
The global Dielectric Medium market is segmented on the basis of:
Types
Ceramic, Composite, Glass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utilities, Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Aditya Birla Nuvo
- Siemens
- General Electric
- NGK Insulators
- Hubbell
- Toshiba
- Bharat Heavy Electricals
- Lapp Insulators
- Maclean-Fogg
- ABB
- TE Connectivity
Highlights of The Dielectric Medium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ceramic
- Composite
- Glass
- By Application:
- Utilities
- Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dielectric Medium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dielectric medium is a material that can support electric and magnetic fields.
Some of the major companies in the dielectric medium market are ABB, Aditya Birla Nuvo, Siemens, General Electric, NGK Insulators, Hubbell, Toshiba, Bharat Heavy Electricals, Lapp Insulators, Maclean-Fogg, ABB, TE Connectivity.
The dielectric medium market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dielectric Medium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dielectric Medium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dielectric Medium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dielectric Medium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dielectric Medium Market Size & Forecast, 2018-2028
4.5.1 Dielectric Medium Market Size and Y-o-Y Growth
4.5.2 Dielectric Medium Market Absolute $ Opportunity
Chapter 5 Global Dielectric Medium Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dielectric Medium Market Size Forecast by Type
5.2.1 Ceramic
5.2.2 Composite
5.2.3 Glass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dielectric Medium Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dielectric Medium Market Size Forecast by Applications
6.2.1 Utilities
6.2.2 Industries
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dielectric Medium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dielectric Medium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dielectric Medium Analysis and Forecast
9.1 Introduction
9.2 North America Dielectric Medium Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dielectric Medium Market Size Forecast by Type
9.6.1 Ceramic
9.6.2 Composite
9.6.3 Glass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dielectric Medium Market Size Forecast by Applications
9.10.1 Utilities
9.10.2 Industries
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dielectric Medium Analysis and Forecast
10.1 Introduction
10.2 Europe Dielectric Medium Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dielectric Medium Market Size Forecast by Type
10.6.1 Ceramic
10.6.2 Composite
10.6.3 Glass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dielectric Medium Market Size Forecast by Applications
10.10.1 Utilities
10.10.2 Industries
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dielectric Medium Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dielectric Medium Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dielectric Medium Market Size Forecast by Type
11.6.1 Ceramic
11.6.2 Composite
11.6.3 Glass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dielectric Medium Market Size Forecast by Applications
11.10.1 Utilities
11.10.2 Industries
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dielectric Medium Analysis and Forecast
12.1 Introduction
12.2 Latin America Dielectric Medium Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dielectric Medium Market Size Forecast by Type
12.6.1 Ceramic
12.6.2 Composite
12.6.3 Glass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dielectric Medium Market Size Forecast by Applications
12.10.1 Utilities
12.10.2 Industries
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dielectric Medium Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dielectric Medium Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dielectric Medium Market Size Forecast by Type
13.6.1 Ceramic
13.6.2 Composite
13.6.3 Glass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dielectric Medium Market Size Forecast by Applications
13.10.1 Utilities
13.10.2 Industries
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dielectric Medium Market: Competitive Dashboard
14.2 Global Dielectric Medium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Aditya Birla Nuvo
14.3.3 Siemens
14.3.4 General Electric
14.3.5 NGK Insulators
14.3.6 Hubbell
14.3.7 Toshiba
14.3.8 Bharat Heavy Electricals
14.3.9 Lapp Insulators
14.3.10 Maclean-Fogg
14.3.11 ABB
14.3.12 TE Connectivity
