The global Glass Insulators market was valued at US$ 200.5 million in 2019 and it is expected to reach US$ 234.1 million by the end of 2026, growing at a CAGR of 3.2% during 2021-2026.
Insulators are used in electrical equipment to support and separate electrical conductors without allowing current through themselves. An insulating material used in bulk to wrap electrical cables or other equipment is called insulation. The term insulator is also used more specifically to refer to insulating supports used to attach electric power distribution or transmission lines to utility poles and transmission towers. They support the weight of the suspended wires without allowing the current to flow through the tower to ground. Glass Insulators are for use on transmission line and shall be of the standard profile cap and pin type.
China has the largest global export quantity and manufacturers in Glass Insulators market, while the North America is the second sales volume market for Glass Insulators in 2019. In the industry, Seves Group profits most in 2019 and recent years, while MacLean Power Systems and Nanjing Electric (BPG) ranked 2 and 3. The market share of them is 20.61%, 17.16% and 14.49% in 2019. The gap of market share is keep on enlarged due to different strategy.
Global Glass Insulators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Glass Insulators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Seves Group, MacLean Power Systems, Nanjing Electric (BPG), Global Insulator Group, Sichuan Yibin Global Group, ZX Insulators, Zhejiang Tailun Insulator, JSC U.M.E.K., Shandong Ruitai Glass Insulator, Hubbell, Verescence La Granja Insulators, Zhejiang Jinlihua Electric, Victor Insulators, GAMMA Insulator (Corona Grou Incap Limited and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-glass-insulators-market-research-report
Segment by Type
- Suspension Glass Insulators
- Pin Glass Insulators
Segment by Application
- Distribution & Railway Applications
- HVDC Applications
- HVAC Applications
Table of Content:
1 Glass Insulators Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Glass Insulators Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Glass Insulators Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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