Global Electric Insulator Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Electric Insulator market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Electric Insulator market."
An insulator is an electrical component which is used to provide insulation between two conductors. It can also be used to provide mechanical support in its area of application. Along with this, the insulator also resists electrical stress, and environmental stress which may arise due to weather changes. Electric insulators thus form a vital and integral component of the power T&D infrastructure. Moreover, any major electric component utilizes insulators in order to shield itself from voltage overloads that can damage sensitive instruments. Insulators have been in use since the 17th century and were initially used in the telegraph industry. On the basis of the material of construction, insulators can be categorized into ceramic, glass, and composite insulators. Initially, glass insulators were used but were soon replaced in many applications by ceramic insulators. However, the developments within the last half century have boosted the usage of composite insulators which offer better protection against contaminants such as water. Apart from this, electric insulators are widely being used by end-users that include utility, industries, and other auxiliary use such as in traction equipment.
To meet the growing demand for energy particularly in developing regions such as Asia-Pacific, there is a need for increasing the power transmission & distribution (T&D) infrastructure as well. This is evident as the global expenditure on T&D is increasing every year. The growing demand for electricity is seen in both the developing regions as well as the developed regions. The evolution of smart grid is further boosting the need for the up-gradation of the existing T&D infrastructure. European energy markets have already started transitioning towards the smart grid technology with large investments being made in France and U.K. With the continued increase in the electricity T&D expenditure in the near future, the electric insulators market is growing. 

The global Electric Insulator market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 6.9% during 2019-2025.
This report focuses on Electric Insulator volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Insulator market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ABB Ltd. 
    Aditya Birla Nuvo Ltd. 
    Alstom 
    Siemens AG 
    Toshiba 
    Bharat Heavy Electricals Limited (BHEL) 
    Hubbell Incorporated 
    Lapp Insulators 
    Maclean-Fogg 
    Seves Group

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Ceramic Insulators
    Glass Insulators
    Composite Insulators

Segment by Application
    Cables & transmission lines
    Transformers
    Switchgears
    Bus bars
    Surge protection devices
    Others