Global Hollow Core Insulator Market was valued US$ 3.58 Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during the forecast period.
Safety is a major driving factor offered by composite hollow core insulators on pressurized substation equipment and personnel. Increasing industrialization and urbanization, growth in transmission and distribution networks, increased renewable energy production, and supportive government initiatives for expansion or upgrade of existing transmission systems is another major driving factor of the hollow core insulators market. However, the major restraining factor of the global hollow core insulators market is insufficient chemical bonding at the point of interface, even if limited to a small area, could result in the inception of the degradation process.
Based on material, Composite insulators are made with liquid silicone rubber sheds or hydrophobic HTV. Therefore, they offer high performance under contamination with reduced creep age distances, leading to low maintenance even in the most demanding applications.
By voltage rating, the above 230 kV segment is expected to the most lucrative on account of increasing government spending on the development of ultra-high voltage transmission lines particularly in the Asia Pacific and Europe among other regions.
Region-wise, Asia Pacific dominated the hollow core insulator market in terms of revenue and volume, because of an increasing number of transmission grids for bulk power transmission lines to connect south to north and east to west provinces of the country and strengthening the mid voltage distribution lines to reduce transmission losses.
The objective of the report is to present a comprehensive analysis of the Global Hollow Core Insulator Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Hollow Core Insulator Market dynamics, structure by analyzing the market segments and project the Global Hollow Core Insulator Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Hollow Core Insulator Market make the report investor’s guide.
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Scope of Global Hollow Core Insulator Market:
Global Hollow Core Insulator Market, by Material:
Global Hollow Core Insulator Market by Voltage Rating:
• Above 230kV
Global Hollow Core Insulator Market by Application:
• Current & Voltage Transformer
• Cable Termination & Bushing
• Surge Arrester
• Station Post
Global Hollow Core Insulator Market, by Region
• North America
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operating in Global Hollow Core Insulator Market:
• PPC Insulators Austria GmbH
• Allied Insulators Group Limited
• Lapp Insulators GmbH
• CTC Insulator Co., Ltd.
• ABB Ltd
• TE Connectivity Ltd
• Maschinenfabrik Reinhausen GmbH
• ZPE ZAPAL S.A
• saver S.p.A
• CERALEP SN.
• CERALEP SN and ABB
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