South America Electric Insulator Market Key Players and Forecast by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

South America 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)

  • Report Code : TIPRE00025177
  • Category : Electronics and Semiconductor
  • No. of Pages : 126
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The SAM electric insulator market is expected to grow from US$ 782.67 million in 2021 to US$ 1,151.02 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.



Brazil and Argentina are major economies in SAM. Increasing electricity demand across the region is expected to surge the SAM electric insulator market. 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 region. 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 across SAM region.

In case of COVID-19, SAM is highly affected specially Brazil followed by Peru, Chile, Colombia, and Ecuador, among others. The SAM countries have been witnessing growth in several industries over the past few years. Industries such as automotive, aerospace, and equipment manufacturing have experienced a fair growth rate; however, the COVID-19 outbreak has created a significant turmoil among the manufacturers across the industries in the region. The Government of SAM has taken an array of actions to protect its citizens and contain the COVID-19 spread. Further, due to the COVID-19 impact, the demand of electric insulator has decreases across the region. Such as, according to the Statista data 2020, around 23% of declined in the electricity has been observed in Argentina and around 26% declined Peru, both in March month. However, with the uplifting of lockdowns, and opening of factories and offices, the electricity demand increases slowly in countries such as Brazil, Argentina, and Peru, among others. It helps in the growth of electric insulator market in the region.

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

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Electric Insulator Market Segmentation        

SAM Electric Insulator Market – By Product Type

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

SAM Electric Insulator Market – By Material Type

  • Ceramic
  • Glass
  • Composite

SAM Electric Insulator Market – By Application

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

SAM Electric Insulator Market – ByEnd User

  • Utilities
  • Industries
  • Other End Users

SAM Electric Insulator Market, by Country

  • Brazil
  • Argentina    
  • Rest of SAM

SAM 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. 

South America Electric Insulator Report Scope

Report Attribute Details
Market size in 2021 US$ 782.67 Million
Market Size by 2028 US$ 1,151.02 Million
Global CAGR (2021 - 2028) 5.7%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered 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
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • 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
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

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    to country scope.

    Trends and growth analysis reports related to Electronics and Semiconductor : READ MORE..   

    South America Electric Insulator Market
    Connect With Expert
    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. 
    south-america-electric-insulator-market-cagr