Market Overview:
The global HV insulators 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 electricity and rising investments in transmission and distribution infrastructure. In terms of type, the porcelain insulator segment is expected to lead the global HV insulators market during the forecast period. This can be attributed to its high thermal and mechanical stability, which makes it suitable for use in extreme weather conditions. In terms of application, the distribution & railway applications segment is expected to lead the global HV insulators market during the forecast period.
Product Definition:
High voltage insulators are used to protect electrical equipment from high voltage surges. They are made of materials that do not conduct electricity, such as glass or porcelain, and they are often mounted on metal poles or towers.
Porcelain insulator:
porcelain insulator is a type of ceramic material, which is used in electrical insulation. It has the ability to transmit heat and electricity with very less or no resistance. Porcelain insulators are manufactured using clay minerals such as kaolin and feldspar along with other materials such as quartz, mica and biotite.
Glass insulator:
Glass insulator is a type of material that is used to prevent high voltage electricity from escaping and entering the equipment. Glass insulators are made up of sand, rock, ceramic or other materials; they can also be manufactured chemically. The most common types of glass insulators include float glass, fiberglass and single-crystaline.
Application Insights:
The distribution and railway applications segment accounted for the largest market share in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand from various countries, including China, India, Japan and U.S., for developing their railway infrastructure. In addition, increasing number of high-voltage direct Current (HVDC) power transmission lines is expected to propel product demand over the next eight years.
The HVDC applications are anticipated to witness significant growth due largely to its use in long-distance power transmission systems that operate at high voltage levels ranging between 300 kV.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising investments in power infrastructure development, especially in China and India. In addition, favorable government policies promoting electricity generation from renewable sources are expected to drive demand for HV insulation products over the forecast period.
The European market accounted for a significant share of global revenue owing to high product adoption across major industrial sectors including chemicals, metallurgy, machinery manufacturing as well as oil & gas industries. However, stringent regulatory scenario regarding carbon emission coupled with increasing electric vehicle production is likely to hamper industry growth over the next eight years.
In North America also known as Electric Power Industry Group (IEG), has observed that UHV cable insulation requirements are specified by Underwriters Laboratories Inc.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries is expected to drive the HV insulators market.
- Growing investments in renewable energy sources such as solar and wind power are also anticipated to boost the demand for HV insulators over the next few years.
- Rapid urbanization and development of new infrastructure projects, especially in Asia Pacific, will create opportunities for the HV insulators market during the forecast period.
- Stringent government regulations pertaining to energy efficiency are likely to propel the adoption of high voltage insulation products across various industries worldwide.
- The increasing use of smart grids is expected to provide a major impetus to the growth of the global HV Insulators market in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
HV Insulators Market Research Report
By Type
Porcelain insulator, Glass insulator, Composite insulator
By Application
Distribution & Railway Applications, HVDC Applications, Others
By Companies
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, NGK, Lapp, TEConnectivity
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global HV Insulators Market Report Segments:
The global HV Insulators market is segmented on the basis of:
Types
Porcelain insulator, Glass insulator, Composite insulator
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
Distribution & Railway Applications, HVDC Applications, 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:
- 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
- NGK
- Lapp
- TEConnectivity
Highlights of The HV Insulators 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:
- Porcelain insulator
- Glass insulator
- Composite insulator
- By Application:
- Distribution & Railway Applications
- HVDC Applications
- 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 HV Insulators 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?
HV Insulators are a type of electrical insulation that is made from high-voltage cable. It is used to protect electrical cables and equipment from damage caused by high voltages.
Some of the major companies in the hv insulators market are 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, NGK, Lapp, TEConnectivity.
The hv insulators 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 HV Insulators 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 HV Insulators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HV Insulators 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 HV Insulators 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 HV Insulators Market Size & Forecast, 2018-2028
4.5.1 HV Insulators Market Size and Y-o-Y Growth
4.5.2 HV Insulators Market Absolute $ Opportunity
Chapter 5 Global HV Insulators 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 HV Insulators Market Size Forecast by Type
5.2.1 Porcelain insulator
5.2.2 Glass insulator
5.2.3 Composite insulator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HV Insulators 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 HV Insulators Market Size Forecast by Applications
6.2.1 Distribution & Railway Applications
6.2.2 HVDC Applications
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HV Insulators 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 HV Insulators 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 HV Insulators Analysis and Forecast
9.1 Introduction
9.2 North America HV Insulators 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 HV Insulators Market Size Forecast by Type
9.6.1 Porcelain insulator
9.6.2 Glass insulator
9.6.3 Composite insulator
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 HV Insulators Market Size Forecast by Applications
9.10.1 Distribution & Railway Applications
9.10.2 HVDC Applications
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 HV Insulators Analysis and Forecast
10.1 Introduction
10.2 Europe HV Insulators 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 HV Insulators Market Size Forecast by Type
10.6.1 Porcelain insulator
10.6.2 Glass insulator
10.6.3 Composite insulator
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 HV Insulators Market Size Forecast by Applications
10.10.1 Distribution & Railway Applications
10.10.2 HVDC Applications
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 HV Insulators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HV Insulators 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 HV Insulators Market Size Forecast by Type
11.6.1 Porcelain insulator
11.6.2 Glass insulator
11.6.3 Composite insulator
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 HV Insulators Market Size Forecast by Applications
11.10.1 Distribution & Railway Applications
11.10.2 HVDC Applications
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 HV Insulators Analysis and Forecast
12.1 Introduction
12.2 Latin America HV Insulators 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 HV Insulators Market Size Forecast by Type
12.6.1 Porcelain insulator
12.6.2 Glass insulator
12.6.3 Composite insulator
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 HV Insulators Market Size Forecast by Applications
12.10.1 Distribution & Railway Applications
12.10.2 HVDC Applications
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) HV Insulators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HV Insulators 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) HV Insulators Market Size Forecast by Type
13.6.1 Porcelain insulator
13.6.2 Glass insulator
13.6.3 Composite insulator
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) HV Insulators Market Size Forecast by Applications
13.10.1 Distribution & Railway Applications
13.10.2 HVDC Applications
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 HV Insulators Market: Competitive Dashboard
14.2 Global HV Insulators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Seves Group
14.3.2 MacLean Power Systems
14.3.3 Nanjing Electric (BPG)
14.3.4 Global Insulator Group
14.3.5 Sichuan Yibin Global Group
14.3.6 ZX Insulators
14.3.7 Zhejiang Tailun Insulator
14.3.8 JSC U.M.E.K.
14.3.9 Shandong Ruitai Glass Insulator
14.3.10 Hubbell
14.3.11 Verescence La Granja Insulators
14.3.12 Zhejiang Jinlihua Electric
14.3.13 Victor Insulators
14.3.14 NGK
14.3.15 Lapp
14.3.16 TEConnectivity
