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Electric Insulators Market Share

Report ID: GMI1272
Published Date: Jun 2023
Report Format: PDF

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Electric Insulators Market Share

Key companies operating in the electric insulators market are actively pursuing strategic alliances, partnerships, and mergers and acquisitions to strengthen their industry foothold and foster technological advancements. These initiatives allow major players to capitalize on their collective expertise, resources, and technologies, facilitating the introduction of innovative products in the market. Collaborative efforts through alliances and partnerships enable companies to engage in joint R&D activities and expand their market presence. In addition, mergers and acquisitions help companies consolidate their market position, acquire new capabilities, and gain a competitive edge.

ABB
Siemens Energy
General Electric
LAPP Insulators GmbH
GIPRO GmbH
Seves
BHEL
TE Connectivity
Olectra Greentech Limited
Hitachi Energy Ltd
Hubbell
PFISTERER Holding AG
Gamma Insulators
Newell Porcelain
INAEL Electrical Systems
Peak Demand Inc.
Deccan Enterprises Private Limited
CYG Insulator Co
Taporel Electrical Insulation Technology Co
Izoelektro
Meister International and Elsewedy Electric are notable shareholders in the electric insulators market.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of electric insulators exceeded USD 5.5 billion in 2023 and will record over 6% CAGR from 2024 to 2032, says this GMI report.

Composite electric insulators market size will showcase 6.5% growth up to 2032 on account of rapid expansions in the grid networks coupled with a positive outlook to minimize the transmission & distribution losses.

Asia Pacific market for electric insulators is estimated to cross USD 4.6 billion by 2032 owing to various parameters including rapid population growth, increased power generation capacity, rising demand for efficient, and reliable electricity in emerging countries, among others.

ABB, General Electric, LAPP Insulators GmbH, GIPRO GmbH, Olectra Greentech Limited, Hitachi Energy Ltd., Gamma Insulators, INAEL Electrical Systems, Izoelektro, PFISTERER Holding AG, CYG Insulator Co, Ltd., Taporel Electrical Insulation Technology Co., Ltd., and Meister International.