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Asia Pacific Composite Insulators Market Share

Report ID: GMI11624
Published Date: Sep 2024
Report Format: PDF

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Asia Pacific Composite Insulators Market Share

Asia Pacific Composite Insulators Company Market Share Analysis, 2023

Major companies in the Asia Pacific composite insulator industry are focusing on introducing new technologies and products to strengthen their market position. They are also pursuing strategic agreements, collaborations, and partnerships along with mergers and acquisitions, to gain a competitive edge. Hitachi Energy, PFISTERER Holding, Siemens Energy, Aditya Birla, TE Connectivity and KUVAG hold the majority share across the electric insulator industry.

Asia Pacific Composite Insulators Market Companies

Major players operating across the industry include:

Aditya Birla
CYG
Dalian
Deccan
Hitachi
Jiangxi Johnson
KUVAG
Navitas
Nanjing Electric
Olectra
PFISTERER
Rayphen
SAA Grid
Siemens
Suzhou
Tanho
Taporel
TE Connectivity

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The Asia Pacific market composite insulators will cross USD 2.1 billion by 2032 and is projected to expand at a CAGR of over 6.6% from 2024 to 2032, driven by favorable government initiatives and substantial investments aimed at expanding power networks.

The cable and transmission lines segment is expected to reach USD 530 million by 2032, as government initiatives promoting electrical network deployment in remote areas and the refurbishment and replacement of existing electrical components.

The utilities segment is slated to witness a CAGR of over 6% through 2032, attributed to significant investments in high-voltage transmission networks.

The China composite insulators market is likely to exceed USD 690 million by 2032, driven by the adoption of smart grids and favorable policies by authorities to enhance electricity infrastructure.

Aditya Birla, CYG, Dalian, Deccan, Hitachi, Jiangxi Johnson, KUVAG, Navitas, Nanjing Electric, Olectra, PFISTERER, Rayphen, SAA Grid, Siemens, Suzhou, Tanho, Taporel, and TE Connectivity are some of the major key players operating in the Asia Pacific composite insulators industry.