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Middle East & Africa Electric Insulator Market

2021

Middle East & Africa 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: TIPRE00025172 | No. of Pages: 130 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Middle East & Africa Electric Insulator Market to Grow at a CAGR of 4.3% to reach US$ 700.45 million from 2021 to 2028

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The MEA electric insulator market is expected to grow from US$ 521.64 million in 2021 to US$ 700.45 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.


The UAE, South Africa, and Saudi Arabia are major economies in MEA. Surging industrialization in several countries is expected to escalate the MEA electric insulator market. Many developing countries across the region are focusing on industrialization growth. In the region, the governments are focusing on developing industries under the “Make in Country’ program. It is a major national program of the governments 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 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. 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 across MEA region.

In case of COVID-19, MEA is highly affected specially Turkey and South Africa. The MEA region has a smaller number of companies operating or offering market-specific solutions. The countries such as the UAE and South Africa are adopting advanced electronics such as smartphones, smart wearables, and IoT connected devices. Increasing focus of governments toward industrialization is expected to drive the market growth in the Middle Eastern countries. Further, due to COVID-19 impact in 2020, the electricity demand was low in the region due to factories and offices shutdown. However, with uplifting of lockdowns and opening of factories and offices, the electricity demand increases in countries such as Iran, Kuwait, Oman, UAE, and Iraq, according to the International Energy Agency report of July 2021.

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 MEA electric insulator market. The MEA electric insulator market is expected to grow at a good CAGR during the forecast period.

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MEA Electric Insulator Market Segmentation
MEA Electric Insulator Market – By Product Type

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

MEA Electric Insulator Market – By Material Type

  • Ceramic
  • Glass
  • Composite

MEA Electric Insulator Market – By Application

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

MEA Electric Insulator Market – ByEnd User

  • Utilities
  • Industries
  • Other End Users

MEA Electric Insulator Market, by Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

MEA 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 MEA Electric Insulator Market – By Product Type

1.3.2 MEA Electric Insulator Market – By Material Type

1.3.3 MEA Electric Insulator Market – By Application

1.3.4 MEA Electric Insulator Market – By End User

1.3.5 MEA Electric Insulator Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Electric Insulator Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Electric Insulator Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Escalating Electricity Demand

5.1.2 Surging Industrialization in Several Countries

5.2 Market Restraints

5.2.1 Variations in Raw Material Prices

5.2.2

5.3 Market Opportunities

5.3.1 Growing Railway Infrastructure Development

5.4 Future Trends

5.4.1 Burgeoning Trend of Smart Cities and Smart Grids

5.5 Impact Analysis of Drivers and Restraints

6. Electric Insulator Market – MEA Analysis

6.1 MEA Electric Insulator Market Overview

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

7. MEA Electric Insulator Market Analysis – By Product Type

7.1 Overview

7.2 MEA 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. MEA Electric Insulator Market Analysis – By Material Type

8.1 Overview

8.2 MEA 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. MEA Electric Insulator Market Analysis – By Application

9.1 Overview

9.2 MEA 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. MEA Electric Insulator Market Analysis– By End User

10.1 Overview

10.2 MEA 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. MEA Electric Insulator Market – Country Analysis

11.1 Overview

11.1.1 MEA Electric Insulator Market Breakdown, By Country

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

11.1.1.1.1 Saudi Arabia Electric Insulator Market Breakdown, By Product Type

11.1.1.1.2 Saudi Arabia Electric Insulator Market Breakdown, By Material Type

11.1.1.1.3 Saudi Arabia Electric Insulator Market Breakdown, By Application

11.1.1.1.4 Saudi Arabia Electric Insulator Market Breakdown, By End User

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

11.1.1.2.1 UAE Electric Insulator Market Breakdown, By Product Type

11.1.1.2.2 UAE Electric Insulator Market Breakdown, By Material Type

11.1.1.2.3 UAE Electric Insulator Market Breakdown, By Application

11.1.1.2.4 UAE Electric Insulator Market Breakdown, By End User

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

11.1.1.3.1 South Africa Electric Insulator Market Breakdown, By Product Type

11.1.1.3.2 South Africa Electric Insulator Market Breakdown, By Material Type

11.1.1.3.3 South Africa Electric Insulator Market Breakdown, By Application

11.1.1.3.4 South Africa Electric Insulator Market Breakdown, By End User

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

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

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

11.1.1.4.3 Rest of MEA Electric Insulator Market Breakdown, By Application

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

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

12.1 MEA

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. MEA Electric Insulator Market Segmentation

Figure 2. MEA Electric Insulator Market Segmentation – By Country

Figure 3. MEA 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. Rest of MEA was the Largest Revenue Contributor in 2020

Figure 8. MEA – PEST Analysis

Figure 9. MEA Electric Insulator Market– Ecosystem Analysis

Figure 10. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 34. MEA Electric Insulator Market Breakdown, By Country, 2020 & 2028 (%)

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

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

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

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

Figure 39. Impact of COVID-19 Pandemic in MEA 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 MEA 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 MEA 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 MEA 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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