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Composite Insulators Market Share

  • Report ID: GMI3029
  • Published Date: May 2023
  • Report Format: PDF

Composite Insulators Market Share

Major companies operating across the composite insulators market are actively engaged in forming strategic alliances, partnerships, and mergers and acquisitions to enhance their industry presence and drive technological innovations. These initiatives enable major players to leverage each other's expertise, resources, and technologies to introduce new and advanced products in the market. By forming alliances and partnerships, companies can collaborate on research and development activities, and expand their market reach along with mergers and acquisitions will assist companies to consolidate their position in the market, acquire new capabilities, and gain a competitive edge.
 

Key manufacturers in the composite insulators marketplace include:

  • ABB
  • General Electric
  • Siemens Energy
  • LAPP Insulators GmbH
  • Seves
  • GIPRO GmbH
  • Bharat Heavy Electricals Limited (BHEL)
  • Olectra Greentech Limited
  • TE Connectivity
  • Hitachi Energy Ltd
  • PFISTERER Holding AG
  • Hubbell
  • Gamma Insulators
  • Newell Porcelain
  • Peak Demand Inc
  • INAEL Electrical Systems
  • Deccan Enterprises Private Limited
  • Taporel Electrical Insulation Technology Co., Ltd
  • CYG Insulator Co, Ltd
  • Izoelektro

 

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of composite insulators was exceeded USD 2.4 billion in 2023 and will observe 6.9% during 2024 to 2032, owing to the grid modernization efforts, coupled with the government initiatives aimed at replacing unreliable infrastructures to reduce power interruptions.

The medium voltage composite insulators industry share will grow significantly by 2032, on account of benefits offered by the product, such as durability, lightweight construction, resistance to vandalism, and optimized hydrophobicity.

Asia Pacific composite insulators sector was worth over USD 1.1 billion in 2022 and is anticipated to observe significant momentum by 2032, backed by the growing population, increasing power generation capacity, and elevating demand for efficient & reliable electricity in several emerging nations across the region.

ABB, General Electric, Siemens Energy, LAPP Insulators GmbH, Seves, GIPRO GmbH, Bharat Heavy Electricals Limited (BHEL), Olectra Greentech Limited, TE Connectivity, Hitachi Energy Ltd., and PFISTERER Holding AG among others.

Composite Insulators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 739
  • Countries covered: 19
  • Pages: 450
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