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Asia-Pacific Electric Insulator Market

2021

Electronics and Semiconductor Asia-Pacific Electric Insulator Ma...

Asia-Pacific Electric Insulator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Shackle Insulator, Pin Insulator, Suspension Insulator, and Other Product Types), Material Type (Ceramic, Glass, and Composite), Application (Transformer, Busbar, Cable, Switchgear, Surge Protection Device, and Other Applications), and End User (Utilities, Industries, and Other End Users)

Publication Month: Oct 2021 | Report Code: TIPRE00025170 | No. of Pages: 146 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Asia-Pacific Electric Insulator Market to Grow at a CAGR of 6.9% to reach US$ 5,764.49 million from 2021 to 2028

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The APAC electric insulator market is expected to grow from US$ 3,614.23 million in 2021 to US$ 5,764.49 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.


China, Japan, India, South Korea, and Australia are major economies in APAC. Growing trend of smart cities and smart grids is expected to surge the market in coming years. With the rise in urbanization and the emergence of advanced technologies, many countries are focusing on building smart cities for a healthier and luxurious lifestyle. For instance, in 2021, Japanese automobile manufacturing company “Toyota” announced that their Smart City project, the ‘Woven City’, had begun at Mount Fuji, Japan. The city is envisioned to be a smart city that is a “living laboratory” spread across 175 acres and will be used to test autonomous vehicles, along with consumer and industrial grade robotics, and above all, the integration of artificial intelligence with the personal lives and mobility of its residents. The Woven City was initially announced back in January 2020 at the Consumer Electronics Show, where it was described as a “prototype city of the future where all ecosystems are connected.” Similarly, according to the India Brand Equity Foundation website, the government of India has selected 100 cities for area-based and pan-city development between 2019 and 2023. For this, in 2020, the total allocated investments for the “Smart City Mission” stood at US$ 28.31 billion. Of the total investments, 5,331 projects worth US$ 24.31 billion (86% of the total) have been tendered as of 2020. Work orders have been issued for 4,540 projects worth US$ 19.33 billion (68% of the total) and 2,122 projects worth US$ 4.83 billion have been completed (17% of the total) as of 2020. In smart cities, the key services including utility, transportation, safety, and health are managed more efficiently using technology and proper utilization of resources. Smart cities are likely to depend on smart grids to provide robust energy to perform the key activities and functions. Therefore, with the growing number of smart city projects, the need for electric insulators is required for applicable in smart power grids which will drive the APAC Electric Insulator market growth.

In case of COVID-19, APAC is highly affected specially India. The COVID-19 that emerged in China has affected several neighboring countries such as India, South Korea, and Japan, among others. China and India are the most prominent manufacturing hub in the region and have an enhanced focus on industrialization. The growth of the manufacturing industry has been hampered due to lockdown but soon expected to recover the development by enhancing the production capabilities in the second half of the year 2021. The imposition of a ban on commercial activities has disrupted the industrial supply chains in APAC region, leading to raw material shortages. Further, due to COVID-19 outbreak, the demand of electricity in the region falls in 2020. However, with uplifting of lockdown in 2021, the electricity demand and production both increasing due to the working of industrial and commercial sector. Therefore, with growing electricity demand, the need for electric insulator is also rising.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC electric insulator market. The APAC electric insulator market is expected to grow at a good CAGR during the forecast period.

Get more information on this report :


APAC Electric Insulator Market Segmentation

APAC Electric Insulator Market – By Product Type

  • Shackle Insulator
  • Pin Insulator
  • Suspension Insulator
  • Other Product Types

APAC Electric Insulator Market – By Material Type

  • Ceramic
  • Glass
  • Composite

APAC Electric Insulator Market – By Application

  • Transformer
  • Busbar
  • Cable
  • Switchgear
  • Surge Protection Device
  • Other Applications

APAC Electric Insulator Market – ByEnd User

  • Utilities
  • Industries
  • Other End Users

APAC Electric Insulator Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Electric Insulator Market -Companies Mentioned

  • Aditya Birla Insulators
  • General Electric Company
  • Hitachi ABB Power Grids Group
  • Hubbell Incorporated
  • MacLean-Fogg Company
  • NGK Insulators, Ltd.
  • PFISTERER Holding AG
  • SEVES Group
  • Siemens AG
  • TE Connectivity Ltd.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Electric Insulator Market – By Product Type

1.3.2 APAC Electric Insulator Market – By Material Type

1.3.3 APAC Electric Insulator Market – By Application

1.3.4 APAC Electric Insulator Market – By End User

1.3.5 APAC Electric Insulator Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Electric Insulator Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Electric Insulator Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Electricity Demand

5.1.2 Escalating Industrialization in Developing Countries

5.2 Market Restraints

5.2.1 Raw Material Prices Fluctuation

5.3 Market Opportunities

5.3.1 Rising Railway Infrastructure Development

5.4 Future Trends

5.4.1 Growing Trend of Smart Cities and Smart Grids

5.5 Impact Analysis of Drivers and Restraints

6. Electric Insulator Market – APAC Analysis

6.1 APAC Electric Insulator Market Overview

6.2 APAC Electric Insulator Market –Revenue and Forecast to 2028 (US$ million)

7. APAC Electric Insulator Market Analysis – By Product Type

7.1 Overview

7.2 APAC Electric Insulator Market Breakdown, By Product Type, 2020 and 2028

7.3 Shackle Insulator

7.3.1 Overview

7.3.2 Shackle Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.4 Pin Insulator

7.4.1 Overview

7.4.2 Pin Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.5 Suspension Insulator

7.5.1 Overview

7.5.2 Suspension Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.6 Other Product Types

7.6.1 Overview

7.6.2 Other Product Types: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8. APAC Electric Insulator Market Analysis – By Material Type

8.1 Overview

8.2 APAC Electric Insulator Market Breakdown, By Material Type, 2020 and 2028

8.3 Ceramic

8.3.1 Overview

8.3.2 Ceramic: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8.4 Glass

8.4.1 Overview

8.4.2 Glass: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8.5 Composite

8.5.1 Overview

8.5.2 Composite: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9. APAC Electric Insulator Market Analysis – By Application

9.1 Overview

9.2 APAC Electric Insulator Market Breakdown, By Application, 2020 and 2028

9.3 Transformer

9.3.1 Overview

9.3.2 Transformer: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.4 Busbar

9.4.1 Overview

9.4.2 Busbar: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.5 Cable

9.5.1 Overview

9.5.2 Cable: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.6 Switchgear

9.6.1 Overview

9.6.2 Switchgear: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.7 Surge Protection Device

9.7.1 Overview

9.7.2 Surge Protection Device: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.8 Other Applications

9.8.1 Overview

9.8.2 Other Applications: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10. APAC Electric Insulator Market Analysis– By End User

10.1 Overview

10.2 APAC Electric Insulator Market Breakdown, By End User, 2020 and 2028

10.3 Utilities

10.3.1 Overview

10.3.2 Utilities: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10.4 Industries

10.4.1 Overview

10.4.2 Industries: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10.5 Other End Users

10.5.1 Overview

10.5.2 Other End Users: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

11. APAC Electric Insulator Market – Country Analysis

11.1 Overview

11.1.1 APAC Electric Insulator Market Breakdown, by Country

11.1.1.1 Australia Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.1.1 Australia Electric Insulator Market Breakdown, By Product Type

11.1.1.1.2 Australia Electric Insulator Market Breakdown, By Material Type

11.1.1.1.3 Australia Electric Insulator Market Breakdown, By Application

11.1.1.1.4 Australia Electric Insulator Market Breakdown, By End User

11.1.1.2 China Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.2.1 China Electric Insulator Market Breakdown, By Product Type

11.1.1.2.2 China Electric Insulator Market Breakdown, By Material Type

11.1.1.2.3 China Electric Insulator Market Breakdown, By Application

11.1.1.2.4 China Electric Insulator Market Breakdown, By End User

11.1.1.3 India Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.3.1 India Electric Insulator Market Breakdown, By Product Type

11.1.1.3.2 India Electric Insulator Market Breakdown, By Material Type

11.1.1.3.3 India Electric Insulator Market Breakdown, By Application

11.1.1.3.4 India Electric Insulator Market Breakdown, By End User

11.1.1.4 Japan Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.4.1 Japan Electric Insulator Market Breakdown, By Product Type

11.1.1.4.2 Japan Electric Insulator Market Breakdown, By Material Type

11.1.1.4.3 Japan Electric Insulator Market Breakdown, By Application

11.1.1.4.4 Japan Electric Insulator Market Breakdown, By End User

11.1.1.5 South Korea Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.5.1 South Korea Electric Insulator Market Breakdown, By Product Type

11.1.1.5.2 South Korea Electric Insulator Market Breakdown, By Material Type

11.1.1.5.3 South Korea Electric Insulator Market Breakdown, By Application

11.1.1.5.4 South Korea Electric Insulator Market Breakdown, By End User

11.1.1.6 Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.1.1.6.1 Rest of APAC Electric Insulator Market Breakdown, By Product Type

11.1.1.6.2 Rest of APAC Electric Insulator Market Breakdown, By Material Type

11.1.1.6.3 Rest of APAC Electric Insulator Market Breakdown, By Application

11.1.1.6.4 Rest of APAC Electric Insulator Market Breakdown, By End User

12. APAC Electric Insulator Market- COVID-19 Impact Analysis

12.1 APAC

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Development

14. Company Profiles

14.1 Hitachi ABB Power Grids Group

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Aditya Birla Insulators

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 General Electric Company

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Hubbell Incorporated

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 MacLean-Fogg Company

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 NGK Insulators, Ltd.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 PFISTERER Holding AG

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 SEVES Group

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Siemens AG

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 TE Connectivity Ltd.

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. APAC Electric Insulator Market – Revenue and Forecast to 2028 (US$ million)

Table 2. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 4. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 5. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 6. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 7. China Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 8. China Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 9. China Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 10. China Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 11. India Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 12. India Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 13. India Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 14. India Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 15. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 16. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 17. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 18. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 19. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 20. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 21. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 22. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 23. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 24. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 25. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 26. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 27. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Electric Insulator Market Segmentation

Figure 2. APAC Electric Insulator Market Segmentation – By Country

Figure 3. APAC Electric Insulator Market Overview

Figure 4. Pin Insulator Type Held the Largest Market Share in 2020

Figure 5. Ceramic Held the Largest Market Share in 2020

Figure 6. Utilities End User Held the Largest Market Share in 2020

Figure 7. China was the Largest Revenue Contributor in 2020

Figure 8. APAC – PEST Analysis

Figure 9. APAC Electric Insulator Market– Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. APAC Electric Insulator Market: Impact Analysis of Drivers and Restraints

Figure 12. APAC Electric Insulator Market – Revenue and Forecast to 2028 (US$ million)

Figure 13. APAC Electric Insulator Market Revenue Share, By Product Type (2020 and 2028)

Figure 14. APAC Shackle Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 15. APAC Pin Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 16. APAC Suspension Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 17. APAC Other Product Types: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 18. APAC Electric Insulator Market Revenue Share, By Material Type (2020 and 2028)

Figure 19. APAC Ceramic: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 20. APAC Glass: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 21. APAC Composite: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 22. APAC Electric Insulator Market Revenue Share, By Application (2020 and 2028)

Figure 23. APAC Transformer: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 24. APAC Busbar: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 25. APAC Cable: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 26. APAC Switchgear: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 27. APAC Surge Protection Device: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 28. APAC Other Applications: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 29. APAC Electric Insulator Market Revenue Share, By End User (2020 and 2028)

Figure 30. APAC Utilities: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 31. APAC Industries: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 32. APAC Other End Users: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 33. APAC: Electric Insulator Market, by Key Country – Revenue (2020) (USD Million)

Figure 34. APAC Electric Insulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 35. Australia Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 36. China Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 37. India Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 38. Japan Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 39. South Korea Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 40. Rest of APAC Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 41. Impact of COVID-19 Pandemic in APAC Country Markets

  1. Aditya Birla Insulators
  2. General Electric Company
  3. Hitachi ABB Power Grids Group
  4. Hubbell Incorporated
  5. MacLean-Fogg Company
  6. NGK Insulators, Ltd.
  7. PFISTERER Holding AG
  8. SEVES Group  
  9. Siemens AG
  10. TE Connectivity Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC electric insulator market.      
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in APAC electric insulator market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the electric insulator market, as well as those hindering it 
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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