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High Voltage Composite Insulators Market Share

Report ID: GMI8313
Published Date: Feb 2024
Report Format: PDF

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High Voltage Composite Insulators Market Share

Key manufacturers in the high voltage composite insulators industry are strengthening their position across the industry as companies are actively pursuing strategic alliances, partnerships, along with mergers and acquisitions. Hitachi Energy Ltd., Siemens Energy, PFISTERER Holding SE, TE Connectivity, SAVER S.p.A. and Maschinenfabrik Reinhausen GmbH holds the majority of market share shaping the industry competition dynamics.

High Voltage Composite Insulators Market Companies

Key industry players operating across industry include:

Bonomi Eugenio SpA
CYG Insulator Co.,Ltd.
DECCAN ENTERPRISES PRIVATE LIMITED
Hitachi Energy Ltd.
KUVAG GmbH & Co KG
Maschinenfabrik Reinhausen GmbH
Nanjing Electric Technology Group Co., Ltd.
Navitas Insulators Pvt Ltd
PFISTERER Holding SE
Rayphen
SAA GRID TECHNOLOGY CO., LTD.
SAVER S.p.A.
Siemens Energy
TE Connectivity
Vexila (Pty) Ltd.
XGCI
ZheJiang Smico Electric Power Equipment Co.,Ltd.
Zhongrui Electric Co., Ltd.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market valuation of the high voltage composite insulators was reached USD 846 million in 2023 and is expected to register over 6.9% CAGR from 2024 to 2032, owing to ongoing efforts for grid modernization and government initiatives to replace unreliable infrastructures worldwide.

The cables & transmission lines segment held over 30% share of the high voltage composite insulators industry in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to their role in ensuring reliable operations and maintaining power grid integrity.

Asia Pacific market for high voltage composite insulators is expected to cross USD 700 million by 2032, due to population expansion, rising power generation capacity, and increased demand for efficient & reliable electricity across emerging nations in the region.

Hitachi Energy Ltd., KUVAG GmbH & Co KG, Maschinenfabrik Reinhausen GmbH, Nanjing Electric Technology Group Co., Ltd., Navitas Insulators Pvt Ltd, and PFISTERER Holding SE, are some of the major high voltage composite insulators companies worldwide.