Electric insulators are essential components of transmission and distribution (T&D) lines. They play a crucial role in preventing the flow of electric current down to the earth through supporting points between the transmission line and tower. There are three types of electric insulators based on the materials used for their production - ceramic, glass, and composite.
Ceramic insulators have higher market penetration than other insulators. These insulators are generally used for high-voltage applications. Composite insulators are also gaining ground due to increased application in outdoor installations, predominantly by electric power utilities.
They are lightweight and exhibit favorable features such as high mechanical strength and resistance power, consistent performance in harsh climatic conditions, and effective voltage endurance, compared to ceramic and glass electric insulators. The report analysts forecast the global electric insulator market to grow at a CAGR of 6.23% during the period 2016-2020.
Covered in this report:
The report covers the present scenario and the growth prospects of the global electric insulator market for 2016-2020. To calculate the market size, the report considers the demand for electric insulators during the forecast period.
The market is divided into the following segments based on geography:
- APAC
- Americas
- EMEA
http://www.radiantinsights.com/research/global-electric-insulator-market-2016-2020#tabs-4
Global Electric Insulator Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- Aditya Birla Nuvo
- NGK Insulators
- Siemens
- Toshiba
Other prominent vendros
- BHEL
- Krempel
- Maclean-Fogg
- PFISTERER
- Seves
- WT Henley
Market driver
- Growth in T&D sector
- For a full, detailed list, view our report
Market challenge
- Fluctuation in raw material availability
- For a full, detailed list, view our report
Market trend
- Growth in smart grid market
- For a full, detailed list, view our report
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