Home > Energy & Power > Electrical Equipment > Electric Insulators > Composite Insulators Market

Composite Insulators Market Share

Report ID: GMI3029
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Composite Insulators Market Share

Composite Insulators Company Market Share Analysis, 2023

Major players operating in the composite insulators industry are aiming to introduced new technologies and products to strengthen their market position and pursuing strategic agreements, partnerships, collaborations accompanied by mergers and acquisitions to gain the competitive edge over the others. Hitachi Energy Ltd., Sediver, Siemens Energy, Hubbell, PFISTERER Holding S and TE Connectivity, holds majority share of the composite insulators.

Composite Insulators Market Companies

Key industry players operating across industry include:

Bonomi Eugenio SpA
CYG Insulator Co., Ltd.
DECCAN ENTERPRISES PRIVATE LIMITED
Gamma Insulators
GIPRO GmbH
Hitachi Energy Ltd.
Hubbell
Izoelektro
KUVAG GmbH & Co KG
Navitas Insulators Pvt Ltd
Nanjing Electric Technology Group Co., Ltd.
Newell Porcelain
Olectra Greentech Limited
Peak Demand Inc.
PFISTERER Holding SE
Rayphen
Sediver
Siemens Energy
Taporel Electrical Insulation Technology Co., Ltd.
TE Connectivity

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of composite insulators was reached USD 2.4 billion in 2023 and is anticipated to observe a growth rate of over 6.9% through 2032, owing to the grid modernization efforts, coupled with the government initiatives aimed at replacing unreliable infrastructures to reduce power interruptions.

The utilities segment is set to witness a CAGR of over 6.5% through 2032, backed by the rising investments in high voltage transmission networks, driven by urban population growth, along with government support for energy-efficient infrastructures.

Asia Pacific composite insulators market is projected to hit USD 2 billion by 2032, backed by the growing population, increasing power generation capacity, and elevating demand for efficient & reliable electricity in several emerging nations across the region.

ABB, General Electric, Siemens Energy, LAPP Insulators GmbH, Seves, GIPRO GmbH, Bharat Heavy Electricals Limited (BHEL), Olectra Greentech Limited, TE Connectivity, Hitachi Energy Ltd., and PFISTERER Holding AG among others.