Market Overview:
The global suspension glass insulator 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 suspension glass insulators from distribution & railway applications, HVDC applications, and HVAC applications. In addition, the growing demand for these products in the Asia Pacific region is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may restrain the growth of this market during the forecast period.
Product Definition:
A suspension glass insulator is a type of electrical insulator that is made from glass and hangs from an overhead wire. They are used to suspend power lines and other electrical equipment. Suspension glass insulators are important because they help keep people safe by preventing them from coming into contact with live wires.
Standard type:
The standard type is the most widely used suspension glass insulator in the market. It has a wide range of applications including telecom base station, optical fiber networks, and cable television headend due to its properties such as high mechanical strength and dielectric constant. The growing demand for fiber optic cables in data centers is expected to drive the suspension glass insulator market over the forecast period.
HVDC Type:
High-voltage direct current (HVDC) is a type of electric power transmission that utilizes high voltage to transmit the energy directly from source to load without any conversion or transformation. The HVDC system does not use conventional alternating current systems as they are unstable at high frequencies.
Application Insights:
The distribution and railway applications segment led the global market in 2017. This is attributed to the usage of standard type of glass insulators for providing thermal insulation to electrified railway tracks. The product has a significant demand from various industries including power generation, oil & gas, petrochemicals, etc., which operate electric railways or tramways over long distances.
Distribution and railway application is projected to be one of the fastest-growing segments during the forecast period owing to rising number of urban population coupled with increasing industrialization & infrastructure development in developing countries such as China, India and Brazil. These factors are likely to increase product demand during future years.
Regional Analysis:
Europe was the largest market for global suspension glass insulator, accounting for a share of more than 35.0% in 2017. The region is expected to dominate the industry over the forecast period owing to increasing demand from HVAC and distribution applications in countries, such as Germany, France and Italy. In addition, rising investments by companies in these regions are likely to boost product demand over the coming years.
Asia Pacific is projected to be one of the fastest-growing markets with a CAGR exceeding 5% during the forecast period due to rapid industrialization along with growing infrastructure activities across emerging economies including China and India will drive product demand majorly from construction sector which includes buildings like hospitals/clinics/hospitals & clinics (primary & secondary care), educational institutions like schools/universities or colleges as well as commercial structures like malls or hotels among others).
Growth Factors:
- Increasing demand from electrical and electronics industry
- Growing construction and infrastructure activities
- Rising replacement demand for traditional insulation materials
- Technological advancements in suspension glass insulator manufacturing process
- Growing awareness about the benefits of suspension glass insulators over traditional insulation materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspension Glass Insulator Market Research Report
By Type
Standard type, HVDC Type, Other
By Application
Distribution & Railway Applications, HVDC Applications, HVAC 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, GAMMA Insulator (Corona Group), Incap Limited
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Suspension Glass Insulator Market Report Segments:
The global Suspension Glass Insulator market is segmented on the basis of:
Types
Standard type, HVDC Type, Other
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, HVAC 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
- GAMMA Insulator (Corona Group)
- Incap Limited
Highlights of The Suspension Glass Insulator 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:
- Standard type
- HVDC Type
- Other
- By Application:
- Distribution & Railway Applications
- HVDC Applications
- HVAC 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 Suspension Glass Insulator 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:
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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?
Suspension glass insulator is a type of insulation material that is made from a mixture of silica and soda ash. It was first developed in the early 1900s, and it became popular because it has high thermal conductivity and low thermal expansion. Suspension glass insulator can be used to create heat shields, air conditioning units, solar panels, and other energy-related products.
Some of the major companies in the suspension glass insulator 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, GAMMA Insulator (Corona Group), Incap Limited.
The suspension glass insulator 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 Suspension Glass Insulator 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 Suspension Glass Insulator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Suspension Glass Insulator 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 Suspension Glass Insulator 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 Suspension Glass Insulator Market Size & Forecast, 2020-2028
4.5.1 Suspension Glass Insulator Market Size and Y-o-Y Growth
4.5.2 Suspension Glass Insulator 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 Standard type
5.2.2 HVDC Type
5.2.3 Other
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 Distribution & Railway Applications
6.2.2 HVDC Applications
6.2.3 HVAC Applications
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Suspension Glass Insulator 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 Suspension Glass Insulator 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 Standard type
9.6.2 HVDC Type
9.6.3 Other
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 Distribution & Railway Applications
9.10.2 HVDC Applications
9.10.3 HVAC Applications
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 Standard type
10.6.2 HVDC Type
10.6.3 Other
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 Distribution & Railway Applications
10.10.2 HVDC Applications
10.10.3 HVAC Applications
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 Standard type
11.6.2 HVDC Type
11.6.3 Other
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 Distribution & Railway Applications
11.10.2 HVDC Applications
11.10.3 HVAC Applications
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 Standard type
12.6.2 HVDC Type
12.6.3 Other
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 Distribution & Railway Applications
12.10.2 HVDC Applications
12.10.3 HVAC Applications
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 Standard type
13.6.2 HVDC Type
13.6.3 Other
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 Distribution & Railway Applications
13.10.2 HVDC Applications
13.10.3 HVAC Applications
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 Suspension Glass Insulator Market: Competitive Dashboard
14.2 Global Suspension Glass Insulator 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 GAMMA Insulator (Corona Group)
14.3.15 Incap Limited
