Home > Industrial Machinery > Industrial Equipment > Asia Pacific Porcelain Insulators Market

Asia Pacific Porcelain Insulators Market Share

Report ID: GMI11510
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Asia Pacific Porcelain Insulators Market Share

Key players in the Asia Pacific porcelain insulators industry are strategically forming alliances, entering partnerships, and pursuing mergers and acquisitions to bolster their industry presence and drive technological progress. Such initiatives empower these players to leverage resources, and introduce advanced technologies, and launching innovative products. Through these collaborations, companies can undertake joint R&D endeavors and expand their market presence across the Asia Pacific electric insulator industry. Furthermore, strategic mergers and acquisitions led companies to consolidate their position and enable them to gain new capabilities and gain competitive edge over the others.

Asia Pacific Porcelain Insulators Market Companies

Major players operating across the industry include:

Aditya Birla
Dalian Insulator
Hubbell
Jiangxi Johnson
Neptune
Newell
NGK
NS Transmission
Power-Grid
PPC Austria
Royal Insulators
SAA Grid
Saravana Global
Suzhou Porcelain
Tanho Electrical
Yigang Precision

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for porcelain insulators in Asia Pacific reached USD 1.1 billion in 2023 and is set to grow at a 4.7% CAGR from 2024 to 2032, led by rising electricity demand owing to rapidly increasing population and urbanization along with shifting focus toward upgradation of electrical networks

The utilities segment is anticipated to witness over 4.5% CAGR through 2032, due to government-backed initiatives, flourishing investments in utility-based electrification systems and developing grid infrastructure

China market is set to exceed USD 435 million by 2032, led by electricity demand from various sectors, development of cross border electrical networks and increasing adoption of advanced technological components

Aditya Birla, Dalian Insulator, Hubbell, Jiangxi Johnson, Neptune, Newell, NGK, NS Transmission, and Power-Grid.