NEW YORK, Feb. 15, 2016 /PRNewswire/ -- About Electric Insulator
Electric insulators are essential components of transmission and distribution (T&D) lines. They play a crucial role in preventing the flow of electric current down to the earth through supporting points between the transmission line and tower. There are three types of electric insulators based on the materials used for their production — ceramic, glass, and composite.
Ceramic insulators have higher market penetration than other insulators. These insulators are generally used for high-voltage applications. Composite insulators are also gaining ground due to increased application in outdoor installations, predominantly by electric power utilities. They are lightweight and exhibit favorable features such as high mechanical strength and resistance power, consistent performance in harsh climatic conditions, and effective voltage endurance, compared to ceramic and glass electric insulators.
Technavio's analysts forecast the global electric insulator market to grow at a CAGR of 6.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global electric insulator market for 2016-2020. To calculate the market size, the report considers the demand for electric insulators during the forecast period.
The market is divided into the following segments based on geography:
- APAC
- Americas
- EMEA
Technavio's report, Global Electric Insulator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- Aditya Birla Nuvo
- NGK Insulators
- Siemens
- Toshiba
Other prominent vendors
- BHEL
- Krempel
- Maclean-Fogg
- PFISTERER
- Seves
- WT Henley
Market driver
- Growth in T&D sector
- For a full, detailed list, view our report
Market challenge
- Fluctuation in raw material availability
- For a full, detailed list, view our report
Market trend
- Growth in smart grid market
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03624003-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article