Industry Background:
Electrical equipment uses insulators to support and isolate electrical cables while also preventing energy from flowing through them. The most common polymeric insulating material for high-voltage devices is silicone rubber. Composite insulators have been proposed as an alternative to ceramic and glass insulators. After roughly 30 years of introducing the first type of composite insulators, making design revisions, and utilising materials, they are well-known and approved commodities in HV. Composite or polymeric insulators are used for high-voltage transmission and distribution lines in several parts of the world. On a one-to-one basis, they are extensively utilised to replace ceramic hollow insulators. They've also grown in popularity as a solution for extremely high voltages and harsh/seismic environments. A post insulator is a type of high voltage (HV) insulator that is used in power systems up to 1100 kV and is designed according to IEC, ANSI, and other standards.This growth is primarily driven by Rapid growth in length of overhead lines.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | TE Connectivity (Switzerland), IVEP a.s. (United States), ENSTO (Finland), Hunan Yangdong Porcelain Insulators & Electric Co. Ltd, Sediver (United States), Hitachi ABB (Switzerland), NGK INSULATORS LTD. (Japan), WINNING ELECTRICAL CO. LIMITED (China), Pingxiang Huaci Insulators Group Co. Ltd. (China) and AIZ (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Industrial Conglomerates sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as TE Connectivity (Switzerland), IVEP a.s. (United States), ENSTO (Finland), Hunan Yangdong Porcelain Insulators & Electric Co. Ltd, Sediver (United States), Hitachi ABB (Switzerland), NGK INSULATORS LTD. (Japan), WINNING ELECTRICAL CO. LIMITED (China), Pingxiang Huaci Insulators Group Co. Ltd. (China) and AIZ (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, Hitachi ABB Power Grids today announced the launch of SVC Light® Enhanced at CIGRE 2021- its next-generation grid stabilization solution. SVC Light Enhanced enables the smooth integration of renewable energy into the world's rapidly evolving energy system, underpinning new and fast-growing uses for emission-free electrification, ranging from powering data centers to sustainable mobility.The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Market Drivers
- Rapid growth in length of overhead lines
Market Trend
- Rising investment in renewable energy sector
Restraints
- Availability of low-cost counterfeit products
- Stringent government regulations related to environment protection
Opportunities
Rising number of smart city initiatives around the world and Growing rate of electrification network architecture
Challenges
Fluctuations in supply and demand share due to enforcement of stringent lockdown measures
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Composite Line Post Insulators Study Sheds Light on
The Composite Line Post Insulators Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Composite Line Post Insulators industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Composite Line Post Insulators industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.