Market Overview:
The global industrial insulators market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for electric power and rising investments in transmission and distribution infrastructure across the globe. Based on type, the ceramic insulators segment is estimated to account for a major share of the global industrial insulators market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period, owing to its high thermal conductivity and low electrical resistivity properties as compared to other types of insulation materials such as glass and composite insulators. Based on application, cables and transmission lines are estimated to account for a major share of the global industrial insulators market in 2018. This application segment is projected grow at a CAGR of 6% duringthe forecast period, owingto growing investments by utilities companies worldwide infrastructure upgradation projects aimed at improving grid reliabilityand capacity addition targets set under various government initiatives such as “Make In India” campaign launched by Indian governmentin 2014 .
Product Definition:
A device, such as a capacitor or resistor, that is used to control the flow of electric current in an electronic circuit.
Ceramic:
Ceramic is a solid material that is resistant to heat and can be used as an insulator in various equipment. The most common types of ceramic materials include alumina, zirconia, silica-based products (quartz), and silicon carbide among others. Ceramics are non-metallic in nature but do contain small amounts of metal elements such as aluminum, iron, titanium dioxide or carbon along with other impurities present in the raw material mix.
Glass:
Glass is a transparent, brittle, non-metallic solid that is produced from silica and soda. It can be used as an insulator in various industries including power generation, oil & gas transportation and refining, chemical processing plants manufacturing industry products including fertilizers.
The key driver for the global glass market includes its widespread usage across multiple industries to meet insulation needs which are expected to increase over the forecast period.
Application Insights:
The surge protection devices segment is projected to witness significant growth over the forecast period. This can be attributed to a rise in demand for high-quality products from electric utilities, industrial power generation plants and oil & gas companies. The other application segment includes insulation for cold water pipes, natural gas pipelines and vacuum equipment.
Transformer core materials are selected based on their ability to handle high electrical currents with low loss and withstand thermal shock without undergoing any structural changes or deformations. Ceramic cores are most commonly used as they offer superior properties such as good tensile strength, excellent wear resistance along with being lightweight compared to glass or composite materials. These cores help reduce the overall weight of transformers thus improving energy efficiency across various end-use industries including automotive and electronics among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Malaysia Philippines Singapore and Vietnam. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization; urbanization; population growth; technological advancements and favorable government policies for electricity generation from renewable sources.
China has been a major consumer of ceramic insulators in Asia Pacific due to high demand from power transformers application segment within the country as well as across key Asian markets including Japan Korea Taiwan Thailand and Indonesia.
Growth Factors:
- Increasing demand for insulation in the construction industry to meet energy-efficiency regulations
- Growing demand from the automotive sector for insulation to improve fuel efficiency
- Rising demand from emerging economies for insulation products to support their economic growth
- Proliferation of new technologies and applications that require insulation, such as smart buildings and electric vehicles
- Increased awareness of the benefits of insulation among consumers and businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Insulators Market Research Report
By Type
Ceramic, Glass, Composite Insulators
By Application
Cables and Transmission Lines, Transformers, Switchgears, Bus Bar, Surge Protection Devices, Others
By Companies
ABB Ltd, Alstom, Hubbellorporated, Lapp Insulator Group, Siemens AG, Toshiba Corporation, Aditya Birla Nuvo, Seves Group, MacLean-Fogg, Bharat Heavy Electricals 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Insulators Market Report Segments:
The global Industrial Insulators market is segmented on the basis of:
Types
Ceramic, Glass, Composite Insulators
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
Cables and Transmission Lines, Transformers, Switchgears, Bus Bar, Surge Protection Devices, 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 Ltd
- Alstom
- Hubbellorporated
- Lapp Insulator Group
- Siemens AG
- Toshiba Corporation
- Aditya Birla Nuvo
- Seves Group
- MacLean-Fogg
- Bharat Heavy Electricals Limited
Highlights of The Industrial 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:
- Ceramic
- Glass
- Composite Insulators
- By Application:
- Cables and Transmission Lines
- Transformers
- Switchgears
- Bus Bar
- Surge Protection Devices
- 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 Industrial 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?
Industrial Insulators are materials that can maintain their electrical properties when subjected to high temperatures and pressures. This makes them ideal for use in industrial applications, such as in the manufacturing of semiconductors and other electronic components.
Some of the major companies in the industrial insulators market are ABB Ltd, Alstom, Hubbellorporated, Lapp Insulator Group, Siemens AG, Toshiba Corporation, Aditya Birla Nuvo, Seves Group, MacLean-Fogg, Bharat Heavy Electricals Limited.
The industrial insulators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Insulators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Insulators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Insulators Market - Supply Chain
4.5. Global Industrial Insulators Market Forecast
4.5.1. Industrial Insulators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Insulators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Insulators Market Absolute $ Opportunity
5. Global Industrial Insulators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Insulators Market Size and Volume Forecast by Type
5.3.1. Ceramic
5.3.2. Glass
5.3.3. Composite Insulators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Insulators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Insulators Market Size and Volume Forecast by Application
6.3.1. Cables and Transmission Lines
6.3.2. Transformers
6.3.3. Switchgears
6.3.4. Bus Bar
6.3.5. Surge Protection Devices
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Insulators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Insulators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Insulators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Insulators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Insulators Demand Share Forecast, 2019-2026
9. North America Industrial Insulators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Insulators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Insulators Market Size and Volume Forecast by Application
9.4.1. Cables and Transmission Lines
9.4.2. Transformers
9.4.3. Switchgears
9.4.4. Bus Bar
9.4.5. Surge Protection Devices
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Insulators Market Size and Volume Forecast by Type
9.7.1. Ceramic
9.7.2. Glass
9.7.3. Composite Insulators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Insulators Demand Share Forecast, 2019-2026
10. Latin America Industrial Insulators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Insulators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Insulators Market Size and Volume Forecast by Application
10.4.1. Cables and Transmission Lines
10.4.2. Transformers
10.4.3. Switchgears
10.4.4. Bus Bar
10.4.5. Surge Protection Devices
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Insulators Market Size and Volume Forecast by Type
10.7.1. Ceramic
10.7.2. Glass
10.7.3. Composite Insulators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Insulators Demand Share Forecast, 2019-2026
11. Europe Industrial Insulators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Insulators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Insulators Market Size and Volume Forecast by Application
11.4.1. Cables and Transmission Lines
11.4.2. Transformers
11.4.3. Switchgears
11.4.4. Bus Bar
11.4.5. Surge Protection Devices
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Insulators Market Size and Volume Forecast by Type
11.7.1. Ceramic
11.7.2. Glass
11.7.3. Composite Insulators
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Insulators Demand Share, 2019-2026
12. Asia Pacific Industrial Insulators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Insulators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Insulators Market Size and Volume Forecast by Application
12.4.1. Cables and Transmission Lines
12.4.2. Transformers
12.4.3. Switchgears
12.4.4. Bus Bar
12.4.5. Surge Protection Devices
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Insulators Market Size and Volume Forecast by Type
12.7.1. Ceramic
12.7.2. Glass
12.7.3. Composite Insulators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Insulators Demand Share, 2019-2026
13. Middle East & Africa Industrial Insulators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Insulators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Insulators Market Size and Volume Forecast by Application
13.4.1. Cables and Transmission Lines
13.4.2. Transformers
13.4.3. Switchgears
13.4.4. Bus Bar
13.4.5. Surge Protection Devices
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Insulators Market Size and Volume Forecast by Type
13.7.1. Ceramic
13.7.2. Glass
13.7.3. Composite Insulators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Insulators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Insulators Market: Market Share Analysis
14.2. Industrial Insulators Distributors and Customers
14.3. Industrial Insulators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alstom
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hubbellorporated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lapp Insulator Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aditya Birla Nuvo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Seves Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MacLean-Fogg
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bharat Heavy Electricals Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
