According to IMARC Group’s latest report, the Asia Pacific electric insulator market is currently witnessing moderate growth 2015-2020. Looking forward the market is expected to continue its moderate growth during the 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
An electric insulator is a material that inhibits the flow of electrical current. It usually exhibits low electrical conductivity, high resistivity and helps to concentrate electric current flow efficiently when electromotive force (EMF) is applied to it. Some of the commonly used insulating materials include ceramic, composite materials, paper, silk, wood, plastic, etc. These insulators find extensive applications in electrical circuits to protect properties and human life from electrical mishaps. They are also used for coating wires in electricity distribution networks and as dielectrics in capacitors.
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Market Trends
Rapid urbanization and the escalating demand for heating, ventilation, and air conditioning (HVAC) systems in countries like China and India, are primarily propelling the Asia Pacific electric insulator market. This along with, the expanding industrial sector, has led to the rising need for a continuous supply of electricity, thereby proliferating the sales of electric insulators in the region. Additionally, the denationalization of the electricity distribution sector and growing power generation capacity have expanded the transmission and distribution (T&D) infrastructures. All the above-mentioned factors are expected to further drive the Asia Pacific market for electric insulators in the coming years.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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The report has segmented the market on the basis of material, voltage, category, installation, product, rating, application, end use industry and region.
Breakup by Material:
- Ceramic/Porcelain
- Glass
- Composites
- Others
Breakup by Voltage:
- Low
- Medium
- High
Breakup by Category:
- Bushings
- Other Insulators
Breakup by Installation:
- Distribution Networks
- Transmission Lines
- Substations
- Railways
- Others
Breakup by Product:
- Pin Insulator
- Suspension Insulator
- Shackle Insulator
- Others
Breakup by Rating:
- <11 kV
- 11 kV
- 22 kV
- 33 kV
- 72.5 kV
- 145 kV
- Others
Breakup by Application:
- Transformer
- Cable
- Switchgear
- Busbar
- Surge Protection Device
- Others
Breakup by End Use Industry:
- Utilities
- Industries
- Others
Breakup by Region:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.