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Asia Pacific Electric Insulators Market Share

Report ID: GMI8615
Published Date: Nov 2024
Report Format: PDF

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Asia Pacific Electric Insulators Market Share

Asia Pacific Electric Insulators Company Market Share Analysis, 2024

Leading manufacturers in the Asia Pacific electric insulators sector are reinforcing their industry presence through active participation in strategic collaborations, joint ventures, and corporate acquisitions. Firms like GE Vernova, Hitachi Energy, Siemens Energy, Aditya Birla Insulators, Deccan Enterprises, and PFISTERER holds majority of the market share, thereby shaping the industry dynamics.

Asia Pacific Electric Insulators Market Companies

Major players operating across the industry include:

Adpro
Aditya Birla Insulators
Asian Insulators
CYG Insulator
Deccan Enterprises
GE Vernova
Hitachi Energy
Modern Insulators
NGK Insulators
Olectra Greentech
PFISTERER
Pioneer Pultrutech Engineering
Prime Insulators
Sediver
Siemens Energy
Smico Electric Power Equipment
Taporel Electrical Insulation Technology
TE Connectivity
Wanxie Power Technology
XGCI

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

Asia Pacific market for electric insulators was reached USD 2.7 billion in 2023 and is set to grow at 6% CAGR from 2024 to 2032, due to the increasing demand for electricity, rising investments in electrical infrastructure, and the accelerated adoption of smart grid networks.

Asia Pacific composite electric insulator market is anticipated to surpass USD 2 billion by 2032, owing to their superior performance, light weight and ease of installation.

China electric insulators market is anticipated to cross USD 1.4 billion by 2032, driven by an increasing investment in power infrastructure, growing demand for electricity and the shifting focus on renewable energy.

Aditya Birla Insulators, Adpro Pvt. Ltd., Asian Insulators Public Company Limited, CYG Insulator Co., Ltd., Deccan Enterprises Private Limited, GE, Hitachi Energy Ltd., Modern Insulators Ltd., and NGK Insulators, Ltd. are few electric insulator firms in APAC.