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India Electric Insulators Market Size
India Electric Insulators Market was valued at USD 423.6 million in 2023 and is projected to attain about 7% CAGR from 2024 to 2032. Growing measures to ensure safety and stability along with increasing expenditure for development of electric infrastructure across power grid will complement the industry growth.
Refurbishment of prevailing infrastructures and flourishing investments for expansion of transmission networks will augment the business landscape. Moreover, encouraging government policies toward development of electrical networks to boost power generation through renewables will favor the industry landscape.
India Electric Insulators Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2023 |
|---|
| India Electric Insulators Market Size in 2023: | USD 423.6 Million |
|---|
| Forecast Period: | 2024-2032 |
|---|
| Forecast Period 2024-2032 CAGR: | 7% |
|---|
| Historical Data for: | 2021-2023 |
|---|
| No. of Pages: | 70 |
|---|
| Tables, Charts & Figures: | 14 |
| Segments covered: | Material, Voltage, Application, Product, End-Use, Rating and Installation |
|---|
| Growth Drivers: | - Development of smart grid and refurbishment of existing transmission networks
- Rising investment for development of grid networks and increasing electricity demand
|
|---|
| Pitfalls & Challenges: | - Fluctuating raw material cost
|
|---|
