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Low Voltage Composite Insulators Market Share

Report ID: GMI10827
Published Date: Aug 2024
Report Format: PDF

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Low Voltage Composite Insulators Market Share

Major players operating in the low voltage composite insulators industry are focusing on introducing enhanced technological products, to expand their presence couple with pursuing strategic partnerships, collaborations, mergers and acquisitions to gain their competitive edge. Hitachi Energy Ltd., Siemens Energy, KUVAG GmbH & Co KG, DECCAN ENTERPRISES PRIVATE LIMITED, and Taporel Electrical Insulation Technology Co., Ltd. holds majority of the market share in the industry.

Low Voltage Composite Insulators Market Companies

Major manufacturers players operating across industry comprising of:

CYG Insulator Co.,Ltd.
Dalian Hivolt Power System Co.,Ltd.
DECCAN ENTERPRISES PRIVATE LIMITED
ENSTO
Hitachi Energy Ltd.
Jiangxi Johnson Electric Co. Ltd.
KUVAG GmbH & Co KG
Nooa electric co., ltd.
PFISTERER Holding SE
SAA Grid Technology Co., Ltd.
SAVER S.p.A.
SHEMAR
Siemens Energy
Taporel Electrical Insulation Technology Co., Ltd.
Vexila (Pty) Ltd.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of low voltage composite insulators reached USD 587.8 million in 2023 and will showcase a CAGR of 7.3% through 2032, led by grid modernization efforts and supportive initiatives to replace unreliable electrical components and reduce power interruptions.

The commercial and industrial segment will exceed USD 770 million by 2032, bolstered by rising electricity demand and the expansion of grid networks, which have intensified the need for a reliable transmission and distribution infrastructure.

Asia Pacific market will surpass USD 560 million by 2032, augmented by rising population, increased power demand, and investments in expanding electrical and renewable-integrated grid networks.

CYG Insulator Co., Ltd., Dalian Hivolt Power System Co., Ltd., DECCAN ENTERPRISES PRIVATE LIMITED, ENSTO, Hitachi Energy Ltd., Jiangxi Johnson Electric Co. Ltd., KUVAG GmbH & Co KG, Nooa