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Electric Insulator Market

2021

Electric Insulator Market Forecast to 2028 - COVID-19 Impact and Global 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: Aug 2021 | Report Code: TIPRE00008820 | No. of Pages: 193 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Electric Insulator Market to Grow at a CAGR of 5.8% to reach US$ 15,309.3 million from 2021 to 2028

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The electric insulator market is expected to grow from US$ 10,324.5 million in 2021 to US$ 15,309.3 million by 2028; it is estimated to grow at a CAGR of 5.8% during 2021–2028.

Many developing countries such as India, Saudi Arabia, Brazil, and Vietnam, among others focusing on industrialization growth. In India, the government is focusing on developing industries under the “Make in India’ program. It is a major national program of the government of India designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property, and build best-in-class manufacturing infrastructure in the country. The focus of the Make in India program is on 25 sectors, including automobiles, automobile components, aviation, biotechnology, chemicals, construction, defense manufacturing electrical machinery, electronic systems, food processing, IT & BPM, leather, media and entertainment, mining, oil and gas, pharmaceuticals, ports and shipping, railways, renewable energy, roads and highways, space, textile and garments, thermal power, tourism and hospitality, and wellness. Similarly, Saudi Arabia is growing and diversifying its economy to achieve Vision 2030. The development and growth of the industrial and manufacturing industry are being catalyzed by an attractive ecosystem consisting of industrial cities, well-developed infrastructure, high-quality utility supplies, and a well-established logistics network. Further, industrial production in Saudi Arabia increased by 0.60% in May of 2021 over the same month in the previous year. Therefore, with the growing industrialization in developing countries, the demand for electric insulators will increase.

Impact of COVID-19 Pandemic on Electric Insulator Market

The COVID-19 pandemic has shaken several industries. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human’s movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. Manufacturing, automotive, semiconductor & electronics, oil & gas, mining, aviation, and other industries have witnessed a decline in their operations due to the temporary shutdown of activities. The worldwide lockdown to minimize the transmission of virus has significantly disrupted the supply chain activities along with production volume across several manufacturers especially the small & medium enterprise owners. The semiconductor industry took a significant hit as the demand for electric insulator components was lowered from industrial sector and other end users. The production of electric insulator was at halt during lockdowns. However, with the uplifting of lockdowns and vaccination processes in 2021, the manufacturing of insulator has started again. And also, the demand for electricity increases all across the globe due to re-opening of factories and offices. Thus, in 2021, there is an expectation of increase in the demand of electric insulator market

Lucrative Regions for Electric Insulator Providers

Lucrative Regions for Electric Insulator Providers

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Electric Insulator Market Insights

Increasing Demand for Electricity and Growing Investments in Transmission and Distribution Networks

According to the India Brand Equity Foundation website, the power consumption is estimated to reach 1,894.7 TWh by 2022, only in India. The growing population demands more electricity. With the increase in the electricity demand across residential, commercial, and industrial applications, more transmission and distribution networks are needed to provide electricity across the world. For instance, the Government of India (GOI) has allocated INR 111 lakh crores (US$ 1.4 trillion) under the National Infrastructure Pipeline for FY 2019–2025. The energy sector is likely to account for 24% of capital expenditure over FY 2019–2025. Moreover, it is also estimated that electricity’s share of the total energy demand is expected to be more than double in 2050, driven by substantial electrification in the transport, buildings, and manufacturing sectors. Therefore, the increasing demand for electricity and rising investments in transmission and distribution networks are boosting the need for electric insulators.

Product Type - Based Market Insights

Based on product type, the electric insulator market is segmented into shackle insulator, pin insulator, suspension insulator, and other product types. In 2020, the pin insulator segment led the electric insulator market, accounting for the largest share in the market.

Electric Insulator Market, by Product Type, 2020 and 2028 (%)

Electric Insulator Market, by Product Type, 2020 and 2028 (%)

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Material Type-Based Market Insights

Based on material type, the electric insulator market can be segmented into ceramic, glass, and composite. In 2020, the ceramic segment accounted for the largest market share.

Application-Based Market Insights

Based on application, the electric insulator market can be segmented into transformer, busbar, cable, switchgear, surge protection device, and other applications. In 2020, the transformer segment accounted for the largest market share.

End User-Based Market Insights

Based on end user, the electric insulator market can be segmented into utilities, industries, other end users. In 2020, the utilities segment accounted for the largest market share.


Strategic Insights

The players operating in the electric insulator market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In July 2021, General Electric has been awarded multiple orders to supply 765 kV transformers and reactors in India by Power Grid Corporation of India Limited (PGCIL), India’s largest state-owned transmission company. As part of the order, GE will provide 13 units of 765 kV transformers and 32 numbers of 765 kV reactors.
  • In April 2021, GE and Hitachi ABB Power Grid have signed a non-exclusive, cross-licensing agreement related to the use of an alternative gas to sulfur hexafluoride (SF6) used in high voltage equipment. This fluoronitrile-based gas mixture has a significantly reduced impact on the environment compared to SF6.

The global electric insulator market has been segmented as mentioned below:


By Product Type

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

By Material Type

  • Ceramic
  • Glass
  • Composite

By Application

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

By End User

  • Utilities
  • Industries
  • Other End Users

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • Hitachi ABB Power Grids Group
  • Aditya Birla Insulators
  • General Electric Company
  • 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 Electric Insulator Market – By Product Type

1.3.2 Electric Insulator Market – By Material Type

1.3.3 Electric Insulator Market – By Application

1.3.4 Electric Insulator Market – By End User

1.3.5 Electric Insulator Market- By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Electric Insulator Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia-Pacific

4.2.4 Middle East and Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Electric Insulator Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand for Electricity and Growing Investments in Transmission and Distribution Networks

5.1.2 Growing Industrialization in Developing Countries

5.2 Market Restraints

5.2.1 Fluctuation in Raw Material Prices

5.3 Market Opportunities

5.3.1 Expansion of Railway Lines

5.4 Future Trends

5.4.1 Rising Smart Grid Systems in Smart Cities

5.5 Impact Analysis of Drivers and Restraints

6. Electric Insulator Market – Global Analysis

6.1 Electric Insulator Market Global Overview

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

6.3 Market Positioning – Five Key Players

7. Electric Insulator Market Analysis – By Product Type

7.1 Overview

7.2 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. Electric Insulator Market Analysis – By Material Type

8.1 Overview

8.2 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. Electric Insulator Market Analysis – By Application

9.1 Overview

9.2 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. Electric Insulator Market Analysis– By End User

10.1 Overview

10.2 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. Electric Insulator Market – Geographic Analysis

11.1 Overview

11.2 North America: Electric Insulator Market

11.2.1 Overview

11.2.2 North America Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.2.3 North America Electric Insulator Market Breakdown, By Product Type

11.2.4 North America Electric Insulator Market Breakdown, By Material Type

11.2.5 North America Electric Insulator Market Breakdown, By Application

11.2.6 North America Electric Insulator Market Breakdown, By End User

11.2.7 North America Electric Insulator Market Breakdown, by Country

11.2.7.1 US Electric Insulator Market, Revenue and Forecast to 2028

11.2.7.1.1 US Electric Insulator Market Breakdown, By Product Type

11.2.7.1.2 US Electric Insulator Market Breakdown, By Material Type

11.2.7.1.3 US Electric Insulator Market Breakdown, By Application

11.2.7.1.4 US Electric Insulator Market Breakdown, By End User

11.2.7.2 Canada Electric Insulator Market, Revenue and Forecast to 2028

11.2.7.2.1 Canada Electric Insulator Market Breakdown, By Product Type

11.2.7.2.2 Canada Electric Insulator Market Breakdown, By Material Type

11.2.7.2.3 Canada Electric Insulator Market Breakdown, By Application

11.2.7.2.4 Canada Electric Insulator Market Breakdown, By End User

11.2.7.3 Mexico Electric Insulator Market, Revenue and Forecast to 2028

11.2.7.3.1 Mexico Electric Insulator Market Breakdown, By Product Type

11.2.7.3.2 Mexico Electric Insulator Market Breakdown, By Material Type

11.2.7.3.3 Mexico Electric Insulator Market Breakdown, By Application

11.2.7.3.4 Mexico Electric Insulator Market Breakdown, By End User

11.3 Europe: Electric Insulator Market

11.3.1 Overview

11.3.2 Europe Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

11.3.3 Europe Electric Insulator Market Breakdown, By Product Type

11.3.4 Europe Electric Insulator Market Breakdown, By Material Type

11.3.5 Europe Electric Insulator Market Breakdown, By Application

11.3.6 Europe Electric Insulator Market Breakdown, By End User

11.3.7 Europe Electric Insulator Market Breakdown, by Country

11.3.7.1 Germany Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.1.1 Germany Electric Insulator Market Breakdown, By Product Type

11.3.7.1.2 Germany Electric Insulator Market Breakdown, By Material Type

11.3.7.1.3 Germany Electric Insulator Market Breakdown, By Application

11.3.7.1.4 Germany Electric Insulator Market Breakdown, By End User

11.3.7.2 France Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.2.1 France Electric Insulator Market Breakdown, By Product Type

11.3.7.2.2 France Electric Insulator Market Breakdown, By Material Type

11.3.7.2.3 France Electric Insulator Market Breakdown, By Application

11.3.7.2.4 France Electric Insulator Market Breakdown, By End User

11.3.7.3 Italy Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.3.1 Italy Electric Insulator Market Breakdown, By Product Type

11.3.7.3.2 Italy Electric Insulator Market Breakdown, By Material Type

11.3.7.3.3 Italy Electric Insulator Market Breakdown, By Application

11.3.7.3.4 Italy Electric Insulator Market Breakdown, By End User

11.3.7.4 UK Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.4.1 UK Electric Insulator Market Breakdown, By Product Type

11.3.7.4.2 UK Electric Insulator Market Breakdown, By Material Type

11.3.7.4.3 UK Electric Insulator Market Breakdown, By Application

11.3.7.4.4 UK Electric Insulator Market Breakdown, By End User

11.3.7.5 Russia Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.5.1 Russia Electric Insulator Market Breakdown, By Product Type

11.3.7.5.2 Russia Electric Insulator Market Breakdown, By Material Type

11.3.7.5.3 Russia Electric Insulator Market Breakdown, By Application

11.3.7.5.4 Russia Electric Insulator Market Breakdown, By End User

11.3.7.6 Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028

11.3.7.6.1 Rest of Europe Electric Insulator Market Breakdown, By Product Type

11.3.7.6.2 Rest of Europe Electric Insulator Market Breakdown, By Material Type

11.3.7.6.3 Rest of Europe Electric Insulator Market Breakdown, By Application

11.3.7.6.4 Rest of Europe Electric Insulator Market Breakdown, By End User

11.4 APAC: Electric Insulator Market

11.4.1 Overview

11.4.2 APAC Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.4.3 APAC Electric Insulator Market Breakdown, By Product Type

11.4.4 APAC Electric Insulator Market Breakdown, By Material Type

11.4.5 APAC Electric Insulator Market Breakdown, By Application

11.4.6 APAC Electric Insulator Market Breakdown, By End User

11.4.7 APAC Electric Insulator Market Breakdown, by Country

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

11.4.7.1.1 Australia Electric Insulator Market Breakdown, By Product Type

11.4.7.1.2 Australia Electric Insulator Market Breakdown, By Material Type

11.4.7.1.3 Australia Electric Insulator Market Breakdown, By Application

11.4.7.1.4 Australia Electric Insulator Market Breakdown, By End User

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

11.4.7.2.1 China Electric Insulator Market Breakdown, By Product Type

11.4.7.2.2 China Electric Insulator Market Breakdown, By Material Type

11.4.7.2.3 China Electric Insulator Market Breakdown, By Application

11.4.7.2.4 China Electric Insulator Market Breakdown, By End User

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

11.4.7.3.1 India Electric Insulator Market Breakdown, By Product Type

11.4.7.3.2 India Electric Insulator Market Breakdown, By Material Type

11.4.7.3.3 India Electric Insulator Market Breakdown, By Application

11.4.7.3.4 India Electric Insulator Market Breakdown, By End User

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

11.4.7.4.1 Japan Electric Insulator Market Breakdown, By Product Type

11.4.7.4.2 Japan Electric Insulator Market Breakdown, By Material Type

11.4.7.4.3 Japan Electric Insulator Market Breakdown, By Application

11.4.7.4.4 Japan Electric Insulator Market Breakdown, By End User

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

11.4.7.5.1 South Korea Electric Insulator Market Breakdown, By Product Type

11.4.7.5.2 South Korea Electric Insulator Market Breakdown, By Material Type

11.4.7.5.3 South Korea Electric Insulator Market Breakdown, By Application

11.4.7.5.4 South Korea Electric Insulator Market Breakdown, By End User

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

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

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

11.4.7.6.3 Rest of APAC Electric Insulator Market Breakdown, By Application

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

11.5 MEA: Electric Insulator Market

11.5.1 Overview

11.5.2 MEA Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.5.3 MEA Electric Insulator Market Breakdown, By Product Type

11.5.4 MEA Electric Insulator Market Breakdown, By Material Type

11.5.5 MEA Electric Insulator Market Breakdown, By Application

11.5.6 MEA Electric Insulator Market Breakdown, By End User

11.5.7 MEA Electric Insulator Market Breakdown, By Country

11.5.7.1 Saudi Arabia Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.1.1 Saudi Arabia Electric Insulator Market Breakdown, By Product Type

11.5.7.1.2 Saudi Arabia Electric Insulator Market Breakdown, By Material Type

11.5.7.1.3 Saudi Arabia Electric Insulator Market Breakdown, By Application

11.5.7.1.4 Saudi Arabia Electric Insulator Market Breakdown, By End User

11.5.7.2 UAE Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.2.1 UAE Electric Insulator Market Breakdown, By Product Type

11.5.7.2.2 UAE Electric Insulator Market Breakdown, By Material Type

11.5.7.2.3 UAE Electric Insulator Market Breakdown, By Application

11.5.7.2.4 UAE Electric Insulator Market Breakdown, By End User

11.5.7.3 South Africa Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.3.1 South Africa Electric Insulator Market Breakdown, By Product Type

11.5.7.3.2 South Africa Electric Insulator Market Breakdown, By Material Type

11.5.7.3.3 South Africa Electric Insulator Market Breakdown, By Application

11.5.7.3.4 South Africa Electric Insulator Market Breakdown, By End User

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

11.5.7.4.1 Rest of MEA Electric Insulator Market Breakdown, By Product Type

11.5.7.4.2 Rest of MEA Electric Insulator Market Breakdown, By Material Type

11.5.7.4.3 Rest of MEA Electric Insulator Market Breakdown, By Application

11.5.7.4.4 Rest of MEA Electric Insulator Market Breakdown, By End User

11.6 SAM: Electric Insulator Market

11.6.1 Overview

11.6.2 SAM Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

11.6.3 SAM Electric Insulator Market Breakdown, By Product Type

11.6.4 SAM Electric Insulator Market Breakdown, By Material Type

11.6.5 SAM Electric Insulator Market Breakdown, By Application

11.6.6 SAM Electric Insulator Market Breakdown, By End User

11.6.7 SAM Electric Insulator Market Breakdown, by Country

11.6.7.1 Brazil Electric Insulator Market, Revenue and Forecast to 2028

11.6.7.1.1 Brazil Electric Insulator Market Breakdown, By Product Type

11.6.7.1.2 Brazil Electric Insulator Market Breakdown, By Material Type

11.6.7.1.3 Brazil Electric Insulator Market Breakdown, By Application

11.6.7.1.4 Brazil Electric Insulator Market Breakdown, By End User

11.6.7.2 Argentina Electric Insulator Market, Revenue and Forecast to 2028

11.6.7.2.1 Argentina Electric Insulator Market Breakdown, By Product Type

11.6.7.2.2 Argentina Electric Insulator Market Breakdown, By Material Type

11.6.7.2.3 Argentina Electric Insulator Market Breakdown, By Application

11.6.7.2.4 Argentina Electric Insulator Market Breakdown, By End User

11.6.7.3 Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028

11.6.7.3.1 Rest of SAM Electric Insulator Market Breakdown, By Product Type

11.6.7.3.2 Rest of SAM Electric Insulator Market Breakdown, By Material Type

11.6.7.3.3 Rest of SAM Electric Insulator Market Breakdown, By Application

11.6.7.3.4 Rest of SAM Electric Insulator Market Breakdown, By End User

12. Electric Insulator Market- COVID-19 Impact Analysis

12.1 Overview

12.2 North America

12.3 Europe

12.4 Asia-Pacific

12.5 Middle East and Africa

12.6 South America

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

Table 2. North America Electric Insulator Market, Revenue and Forecast To 2028 – By Product Type (US$ million)

Table 3. North America Electric Insulator Market, Revenue and Forecast To 2028 – By Material Type (US$ million)

Table 4. North America Electric Insulator Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 5. North America Electric Insulator Market, Revenue and Forecast To 2028 – By End User (US$ million)

Table 6. North America Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 21. Europe Electric Insulator Market, Revenue and Forecast To 2028 – By Application (US$ million)

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

Table 23. Europe Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 24. Germany Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 25. Germany Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 26. Germany Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 27. Germany Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 28. France Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 29. France Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 30. France Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 31. France Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 32. Italy Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 33. Italy Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 34. Italy Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 35. Italy Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 36. UK Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 37. UK Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 38. UK Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 39. UK Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 40. Russia Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 41. Russia Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 42. Russia Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 43. Russia Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 44. Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 45. Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 46. Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 47. Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 48. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By Product Type (US$ million)

Table 49. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By Material Type (US$ million)

Table 50. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 51. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By End User (US$ million)

Table 52. APAC Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 53. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 54. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 55. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 56. Australia Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 57. China Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 58. China Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 59. China Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 60. China Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 61. India Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 62. India Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 63. India Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 64. India Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 65. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 66. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 67. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 68. Japan Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 69. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 70. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 71. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 72. South Korea Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 73. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 74. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 75. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 76. Rest of APAC Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 77. MEA Electric Insulator Market, Revenue and Forecast To 2028 – By Product Type (US$ million)

Table 78. MEA Electric Insulator Market, Revenue and Forecast To 2028 – By Material Type (US$ million)

Table 79. MEA Electric Insulator Market, Revenue and Forecast To 2028 – By Application (US$ million)

Table 80. MEA Electric Insulator Market, Revenue and Forecast To 2028 – By End User (US$ million)

Table 81. MEA Electric Insulator Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 82. Saudi Arabia Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 83. Saudi Arabia Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 84. Saudi Arabia Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 85. Saudi Arabia Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 86. UAE Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 87. UAE Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 88. UAE Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 89. UAE Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 90. South Africa Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 91. South Africa Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 92. South Africa Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 93. South Africa Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 94. Rest of MEA Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 95. Rest of MEA Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 96. Rest of MEA Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 97. Rest of MEA Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 98. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By Product Type (US$ million)

Table 99. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By Material Type (US$ million)

Table 100. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By Application(US$ million)

Table 101. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By End User (US$ million)

Table 102. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 103. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 104. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 105. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 106. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 107. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 108. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 109. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 110. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 111. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 112. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 113. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 114. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 115. List of Abbreviation

LIST OF FIGURES

Figure 1. Electric Insulator Market Segmentation

Figure 2. Electric Insulator Market Segmentation – By Geography

Figure 3. Global 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. Asia Pacific was the Largest Revenue Contributor in 2020

Figure 8. North America– PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. Asia-Pacific – PEST Analysis

Figure 11. Middle East and Africa – PEST Analysis

Figure 12. South America – PEST Analysis

Figure 13. Electric Insulator Market– Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Electric Insulator Market: Impact Analysis of Drivers and Restraints

Figure 16. Geographic Overview of Electric Insulator Market

Figure 17. Global Electric Insulator Market – Revenue and Forecast to 2028 (US$ million)

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

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

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

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

Figure 22. Other Product Types: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 23. Electric Insulator Market Revenue Share, By Material Type (2020 and 2028)

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

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

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

Figure 27. Electric Insulator Market Revenue Share, By Application (2020 and 2028)

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

Figure 29. Busbar: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

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

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

Figure 32. Surge Protection Device: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 33. Other Applications: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 34. Electric Insulator Market Revenue Share, By End User (2020 and 2028)

Figure 35. Utilities: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 36. Industries: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 37. Other End Users: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 38. Global Electric Insulator Market Breakdown, by Region, 2020 & 2028 (%)

Figure 39. North America Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 40. North America Electric Insulator Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 41. North America Electric Insulator Market Breakdown, By Material Type, 2020 & 2028 (%)

Figure 42. North America Electric Insulator Market Breakdown, By Application, 2020 & 2028 (%)

Figure 43. North America Electric Insulator Market Breakdown, By End User, 2020 & 2028 (%)

Figure 44. North America Electric Insulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 45. US Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 46. Canada Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 47. Mexico Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 48. Europe Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 49. Europe Electric Insulator Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 50. Europe Electric Insulator Market Breakdown, By Material Type, 2020 & 2028 (%)

Figure 51. Europe Electric Insulator Market Breakdown, By Application, 2020 & 2028 (%)

Figure 52. Europe Electric Insulator Market Breakdown, By End User, 2020 & 2028 (%)

Figure 53. Europe Electric Insulator Market Breakdown, by Country, 2018 & 2027(%)

Figure 54. Germany Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 55. France Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 56. Italy Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 57. UK Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 58. Russia Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 59. Rest of Europe Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 60. APAC Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 61. APAC Electric Insulator Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 62. APAC Electric Insulator Market Breakdown, By Material Type, 2020 & 2028 (%)

Figure 63. APAC Electric Insulator Market Breakdown, By Application, 2020 & 2028 (%)

Figure 64. APAC Electric Insulator Market Breakdown, By End User, 2020 & 2028 (%)

Figure 65. APAC Electric Insulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 66. Australia Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 67. China Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 68. India Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 69. Japan Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 70. South Korea Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 71. Rest of APAC Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 72. MEA Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 73. MEA Electric Insulator Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 74. MEA Electric Insulator Market Breakdown, By Material Type, 2020 & 2028 (%)

Figure 75. MEA Electric Insulator Market Breakdown, By Application, 2020 & 2028 (%)

Figure 76. MEA Electric Insulator Market Breakdown, By End User, 2020 & 2028 (%)

Figure 77. MEA Electric Insulator Market Breakdown, By Country, 2020 & 2028 (%)

Figure 78. Saudi Arabia Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 79. UAE Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 80. South Africa Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 81. Rest of MEA Electric Insulator Market, Revenue and Forecast To 2028 (US$ million)

Figure 82. SAM Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 83. SAM Electric Insulator Market Breakdown, By Product Type, 2020 & 2028 (%)

Figure 84. SAM Electric Insulator Market Breakdown, By Material Type, 2020 & 2028 (%)

Figure 85. SAM Electric Insulator Market Breakdown, By Application, 2020 & 2028 (%)

Figure 86. SAM Electric Insulator Market Breakdown, By End User, 2020 & 2028 (%)

Figure 87. SAM Electric Insulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 88. Brazil Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 89. Argentina Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 90. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 91. Impact of COVID-19 Pandemic in North America Countries

Figure 92. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 93. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 94. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets

Figure 95. Impact of COVID-19 Pandemic in South America Country Markets


The List of Companies - Electric Insulator Market

  1. Hitachi ABB Power Grids Group
  2. Aditya Birla Insulators
  3. General Electric Company
  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 global 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 the global 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 global market trends and outlook coupled with the factors driving the 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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Frequently Asked Questions

Increasing demand for electricity and growing investments in transmission and distribution networks and growing industrialization in developing countries are driving the growth of the electric insulator market. These factors are propelling the adoption of electric insulator in various industries.

The market opportunity lies in developing countries. Developing countries have become a hub of opportunity for various markets, including electric insulator market. Thus, the expansion of railway lines for the future growth of the electric insulator market players.

The global electric insulator market was dominated by the pin insulator segment with market share of 31.5% in 2020.

In 2020, APAC led the market with a substantial revenue share, followed by North America and Europe. APAC is a prospective market for electric insulator manufacturers.

The major companies in electric insulator includes General Electric Company, Siemens AG, Hitachi ABB Power Grids Group, Hubbell Incorporated, and NGK Insulators, Ltd.

The major end users in electric insulator market includes industries, utilities, and others. The utilities segment led the Electric Insulator market globally with a market share of 55.9% in the year 2020 and is expected to continue its dominance during the forecast period.

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