Market Overview:
The global shackle insulators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electricity and the growing need for reliable and efficient transmission and distribution infrastructure. In addition, the increasing investment in renewable energy sources is also contributing to the growth of this market. The global shackle insulators market can be segmented on the basis of type, application, and region. On the basis of type, porcelain-based shackle insulators are expected to account for a major share of this market during the forecast period. This can be attributed to their high mechanical strength and thermal stability.
Product Definition:
A shackle insulator is a device that is used to electrically isolate a metal shackle from an electrical conductor. This is important because it prevents electrical current from flowing through the metal shackle, which could cause injury or damage.
Porcelain:
Porcelain is a ceramic material, whose physical properties are similar to those of clay. It has been used as an insulating material in electrical and electronic equipment for many years. The major factor that differentiates porcelain from clay is the way it's manufactured; while clay is extracted from the earth, Porcelain (also known as fired ceramics) are formed in a furnace at very high temperatures (up to 2300 C).
Polymer:
Polymer is a long-chain molecule, which can be linear or branched and includes both natural as well as synthetic polymers. The most commonly used polymers are Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), High Impact Polystyrene (HIPS) and Acrylonitrile Butadiene Styrene (ABS).
Application Insights:
The power plants segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing demand for electricity, coupled with increasing investments in renewable energy generation, has led to an increase in shackle insulators production.
Substations are expected to be the fastest-growing application segment from 2017 to 2030 due largely on expanding electrical grid infrastructure across emerging economies such as India and China. In addition, rapid industrialization coupled with a growing population has resulted in an increased need for electric power generation facilities across countries such as Brazil and Indonesia. These factors are anticipated to drive industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing electricity demand and production in China, India, South Korea, Taiwan and other Southeast Asian countries. The region is anticipated to have a significant growth in power generation as well as transmission & distribution sector which will drive the product demand over the forecast period.
The growing construction industry coupled with rising residential applications in North America will propel product sales over the next eight years. Moreover, factors such as low feedstock prices and shale gas abundance are projected to augment shackle insulation sales across this region which would further boost market growth during the forecast period.
Europe was valued at USD X billion in 2017 owing to high consumption of electric vehicles along with large consumer base for oil & gas exploration activities across Russia.
Growth Factors:
- Increasing demand from the electrical and electronics industry for insulation products is expected to drive the growth of the Shackle Insulators market.
- Rising demand for miniaturized and lightweight insulators in electronic devices is projected to fuel the growth of this market in the near future.
- Growing awareness about safety and energy efficiency among consumers is likely to boost demand for Shackle Insulators in the coming years.
- The increasing use of shackle insulators in wind turbines owing to their superior performance characteristics is anticipated to create new opportunities for this market during the forecast period.
- Technological advancements that result in better insulation properties are expected to provide a fillip to growth of this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Shackle Insulators Market Research Report
By Type
Porcelain, Polymer, Others
By Application
Residence, Power Plants, Substations, Others
By Companies
National Switchgears, Electromech Service, Victor Insulators, Aditya Birla Nuvo Ltd., Hubbell Power Systems, Preformed Line Products, Bhatinda Ceramics, Ambica Ceramics, Imperial Porcelain Private Limited, Akron Porcelain&Plastic Company, Bikaner Ceramics, Rashtriya Electrical, Elsewedy Electric(ECMEI), Huadong Cable Group, Contune International, Senduo Electric, Orient Group, Fuzhou Lingt Trading, L&R ELECTRIC
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Shackle Insulators Market Report Segments:
The global Shackle Insulators market is segmented on the basis of:
Types
Porcelain, Polymer, Others
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
Residence, Power Plants, Substations, 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:
- National Switchgears
- Electromech Service
- Victor Insulators
- Aditya Birla Nuvo Ltd.
- Hubbell Power Systems
- Preformed Line Products
- Bhatinda Ceramics
- Ambica Ceramics
- Imperial Porcelain Private Limited
- Akron Porcelain&Plastic Company
- Bikaner Ceramics
- Rashtriya Electrical
- Elsewedy Electric(ECMEI)
- Huadong Cable Group
- Contune International
- Senduo Electric
- Orient Group
- Fuzhou Lingt Trading
- L&R ELECTRIC
Highlights of The Shackle 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
- Polymer
- Others
- By Application:
- Residence
- Power Plants
- Substations
- 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 Shackle 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Shackle insulators are a type of insulation that is made from a material that has been treated to make it less conductive. This makes the insulation less likely to short out and create sparks when it comes in contact with other electrical equipment.
Some of the key players operating in the shackle insulators market are National Switchgears, Electromech Service, Victor Insulators, Aditya Birla Nuvo Ltd., Hubbell Power Systems, Preformed Line Products, Bhatinda Ceramics, Ambica Ceramics, Imperial Porcelain Private Limited, Akron Porcelain&Plastic Company, Bikaner Ceramics, Rashtriya Electrical, Elsewedy Electric(ECMEI), Huadong Cable Group, Contune International, Senduo Electric, Orient Group, Fuzhou Lingt Trading, L&R ELECTRIC.
The shackle insulators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shackle 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 Shackle Insulators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shackle 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 Shackle 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 Shackle Insulators Market Size & Forecast, 2020-2028
4.5.1 Shackle Insulators Market Size and Y-o-Y Growth
4.5.2 Shackle Insulators Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Porcelain
5.2.2 Polymer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residence
6.2.2 Power Plants
6.2.3 Substations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shackle 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 Shackle 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Porcelain
9.6.2 Polymer
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Residence
9.10.2 Power Plants
9.10.3 Substations
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Porcelain
10.6.2 Polymer
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Residence
10.10.2 Power Plants
10.10.3 Substations
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Porcelain
11.6.2 Polymer
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Residence
11.10.2 Power Plants
11.10.3 Substations
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Porcelain
12.6.2 Polymer
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Residence
12.10.2 Power Plants
12.10.3 Substations
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Porcelain
13.6.2 Polymer
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Residence
13.10.2 Power Plants
13.10.3 Substations
13.10.4 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 Shackle Insulators Market: Competitive Dashboard
14.2 Global Shackle Insulators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 National Switchgears
14.3.2 Electromech Service
14.3.3 Victor Insulators
14.3.4 Aditya Birla Nuvo Ltd.
14.3.5 Hubbell Power Systems
14.3.6 Preformed Line Products
14.3.7 Bhatinda Ceramics
14.3.8 Ambica Ceramics
14.3.9 Imperial Porcelain Private Limited
14.3.10 Akron Porcelain&Plastic Company
14.3.11 Bikaner Ceramics
14.3.12 Rashtriya Electrical
14.3.13 Elsewedy Electric(ECMEI)
14.3.14 Huadong Cable Group
14.3.15 Contune International
14.3.16 Senduo Electric
14.3.17 Orient Group
14.3.18 Fuzhou Lingt Trading
14.3.19 L&R ELECTRIC
