(MENAFN- America News Hour) According to the Graphical Research new growth forecast report
titled 'Asia Pacific Electric Insulators Market Value By End Use (Residential,
Commercial & Industrial, Utilities), By Application (Cables and
transmission lines, Switchgears, Transformers, Busbars, Others), By Product
(Pin, Suspension, Shackle, Others), By Material (Ceramic/Porcelain, Glass,
Composite), By Voltage (High, Medium, Low), By Rating (<11 kv,="" 11="" kv,="" 22="" kv,="" 33="" kv,="" 72.5="" kv,="" 145="" kv,="" 220="" kv,="" 400="" kv,="" 800="" kv,="" 1200="" kv),="" by="" installation="" (distribution,="" transmission,="" substation,="" railways,="" others)="" industry="" analysis="" report,="" regional="" outlook,="" application="" potential,="" competitive="" market="" share="" &="" forecast,="" 2020="" –="" 2026',="" growth="" to="" outpace="" by="" 2026.="" asia="" pacific="" electric="" insulators="" market="" value="" is="" set="" to="" witness="" substantial="" growth="" on="" account="" of="" rising="" measures="" to="" fulfil="" the="" electricity="" demand-supply="" gap="" coupled="" with="" increasing="" efforts="" for="" the="" establishment="" of="" new="" smart="" grid="" networks.="" moreover,="" growing="" investments="" towards="" the="" upgradation="" of="" legacy="" grid="" infrastructure="" will="" further="" propel="" the="" industry="">
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Growing initiatives toward development of smart supply networks
by refurbishing conventional electrical systems will enhance the product
installation over the forecast period. Increasing energy demand and growing
concerns toward inefficient grid system will further stimulate business growth.
Asia Pacific electric insulators market share will witness
significant growth in residential and commercial establishments on account of
significantly growing population coupled with the rising electricity demand.
Rapid urbanization in the developing countries will require efficient grid
system, which will turn further augment the industry outlook.
Replacement of old grid systems to improve power transmission
capability will drive the demand of ceramic electric insulators. In addition,
optimum mechanical strength, significant stress resistance capability, and
extreme temperature resistance properties will further stimulate the business
growth in the forthcoming years.
High voltage insulator to witness strong growth on account of
rising investments for the expansion of T & D infrastructure to support the
growing capacity of renewable power. Government regulations and policies
supporting the smart grid infrastructure development in developing countries to
fulfil the soaring electricity demand will further complement the product
demand.
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Low voltage electric insulators market will witness substantial
growth on account of flourishing real estate industry to suffice the growing
urban population. Increasing micro grid establishments for renewable energy
integration and ongoing transition toward clean energy sources will further
propel the business growth over the forecast timeframe.
Growing emphasis on 100% electrification in rural or
under-developed areas coupled with the increasing investments for the
upgradation T & D infrastructure will favor the product adoption over the
forecast period. For instance, government of India allocated a budget of USD
2.47 billion for 100% electrification of rural areas under the government
scheme 'Saubhagya' announced in union budget 2018-19.
Some major players operating across the market include NGK
Insulators Ltd, ABB, Aditya Birla Nuvo, Toshiba, BHEL, Krempel, Olectra
Greentech, TE connectivity, Olectra Greentech, Lapp Insulators, Dalian Yilian
Technology Co Ltd, Deccan Enterprises, Zhejiang Zhongneng Electrical Co Ltd
amongst others.
Asia Pacific Electric Insulators Market research report
includes in-depth coverage of the industry with estimates & forecast in
terms of revenue in USD million from 2020 to 2026, for the following segments:
Asia Pacific Electric Insulators Market Size, By End Use
- Residential
- Commercial & Industrial
- Utilities
Asia Pacific Electric Insulators Market Share, By
Application
- Cables and transmission
lines
- Switchgears
- Transformers
- Busbars
- Others
Asia Pacific Electric Insulators Market Value, By
Product
- Pin
- Suspension
- Shackle
- Others
Asia Pacific Electric Insulators Market Growth, By
Material
- Ceramic/Porcelain
- Glass
- Composite
Asia Pacific Electric Insulators Market Trends, By Voltage
Asia Pacific Electric Insulators Market Forecast, By
Rating
- <11 kv="">
- 11 kV
- 22 kV
- 33 kV
- 72.5 kV
- 145 kV
- 220 kV
- 400 kV
- 800 kV
- 1200 kV
Asia Pacific Electric Insulators Market Forecast, By
Installation
- Distribution
- Transmission
- Substation
- Railways
- Others
Browse key industry
insights along with Full TOC @ https://www.graphicalresearch.com/industry-insights/1258/apac-electric-insulators-market
About Graphical Research:
Graphical
Research is a business research firm that provides industry insights, market
forecast and strategic inputs through granular research reports and advisory
services. We publish targeted research reports with an aim to address varied
customer needs, from market penetration and entry strategies to portfolio
management and strategic outlook. We understand that business requirements are
unique: our syndicate reports are designed to ensure relevance for industry
participants across the value chain. We also provide custom reports that are
tailored to the exact needs of the customer, with dedicated analyst support
across the purchase lifecycle.
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email:
Web: https://www.graphicalresearch.com
Graphical Research
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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