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India Electric Insulators Market Share

Report ID: GMI2830
Published Date: Jul 2023
Report Format: PDF

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India Electric Insulators Market Share

India electric insulators market has witnessed consolidation through mergers, acquisitions, and partnerships between key players. The key companies are focusing on new strategic opportunities for growth and diversification by expanding into emerging economic verticals with significant infrastructure development plans to enhance their customer bases. Key manufacturers in the industry: consist of

Grasim Industries Limited
Modern Insulators Ltd
Adpro Pvt. Ltd.
GR Enterprises
Siemens Energy
Insulators and Electricals Company
Incap Limited
S.C. Electric Company
Olectra Greentech Limited
Spark insulators
DECCAN ENTERPRISES PRIVATE LIMITED
Prime Insulators Pvt Ltd
Stork Group
Mira Enterprises
GIG-IRM Glass Insulators Private Limited
Hitachi Energy Ltd.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for electric insulators in India reached USD 420 million in 2023 and is poised to expand at 7% CAGR during 2024 to 2032.

The India composite electric insulators industry is projected to experience a growth rate of over 7.5% through 2032, on account of the increasing need to overcome transmission breakdown and mitigate environmental pollution.

The cables and transmission lines application segment is projected to hold a substantial market share over 2023-2032, backed by the escalating investments to develop new grid infrastructure, coupled with new initiatives to boost the rural electrification rate.

Grasim Industries Limited, Modern Insulators Ltd, Adpro Pvt. Ltd., GR Enterprises, Siemens Energy, Insulators and Electricals Company, Incap Limited, S.C. Electric Company, Olectra Greentech Limited, and Spark insulators.