PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1433995
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1433995
Low Voltage Electric Insulators Market Size - By Material, By End Use, By Voltage, & Forecast, 2024 - 2032
The global low voltage electric insulators market is expected to grow at a CAGR of 6.6% during 2024-2032, driven by increasing investments in power transmission and rapid adoption of renewable energy sources.
According to data by IEA in 2022, by early 2025, renewables are anticipated to surpass coal as the predominant source of global electricity, accounting for over 90% of the projected expansion in global electricity generation over the next five years. With a global shift towards sustainable and clean energy, the integration of solar and wind power into the electrical grid has surged. This trend necessitates the deployment of advanced low voltage electric insulators to maintain the integrity and reliability of the power distribution network.
Moreover, increasing investments in the power transmission and distribution sector has also acted as a catalyst. Governments and private entities worldwide are channeling significant resources into upgrading and expanding their electrical infrastructure to meet the growing energy demands, favoring the industry outlook.
The global low voltage electric insulators industry is classified based on material, end-use, voltage and region.
The ceramic/porcelain material segment is set to gain traction through 2032, as they offer superior electrical and mechanical properties, making them ideal for low voltage applications. These materials exhibit high resistance to electrical stress, thermal stability, and exceptional durability, ensuring a longer service life in comparison to alternative materials. Moreover, their ability of to withstand harsh environmental conditions, such as extreme temperatures and pollution, positions them as a preferred choice for various low voltage applications.
The commercial end-use segment is poised to grow manifold till 2032. In commercial settings, a reliable and uninterrupted power supply is imperative for seamless operations. Low voltage electric insulators safeguard electrical systems, preventing power outages, and ensuring the uninterrupted flow of electricity to support critical commercial activities.
North America low voltage electric insulators market is expected to witness expansion till 2032, driven by a robust infrastructure development, coupled with a growing emphasis on renewable energy integration. Regulatory initiatives promoting grid modernization and the integration of smart technologies further accentuate the market growth prospects the region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid
- 1.4.2.2 Public
Chapter 2 Executive Summary
- 2.1 Low voltage electric insulators industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Material trends
- 2.1.3 End Use trends
- 2.1.4 Voltage trends
- 2.1.5 Regional trends
Chapter 3 Low Voltage Electric Insulators Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Vendor Matrix
- 3.2 Regulatory landscape
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
- 3.4 COVID- 19 impact on the industry outlook
- 3.5 Growth potential analysis
- 3.6 Porter's Analysis
- 3.6.1 Bargaining power of suppliers
- 3.6.2 Bargaining power of buyers
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
- 3.7 PESTEL Analysis
Chapter 4 Competitive landscape, 2023
- 4.1 Strategic dashboard
- 4.2 Innovation & sustainability landscape
Chapter 5 Low Voltage Electric Insulators Market, By Material (USD million)
- 5.1 Key material trends
- 5.2 Ceramic/Porcelain
- 5.3 Glass
- 5.4 Composite
Chapter 6 Low Voltage Electric Insulators Market, By End Use (USD million)
- 6.1 Key end use trends
- 6.2 Residential
- 6.3 Commercial and Industrial
Chapter 7 Low Voltage Electric Insulators Market, By Voltage (USD million)
- 7.1 Key voltage trends
- 7.2 < 11 kV
- 7.3 > 11 kV to < 22 kV
- 7.4 > 22 kV to < 33 kV
- 7.5 > 33 kV to < 72.5 kV
- 7.6 > 72.5 kV
Chapter 8 Low Voltage Electric Insulators Market, By Region (USD million)
- 8.1 Key regional trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.5 Middle East & Africa
- 8.5.1 Saudi Arabia
- 8.5.2 UAE
- 8.5.3 South Africa
- 8.6 Latin America
- 8.6.1 Brazil
- 8.6.2 Argentina
Chapter 9 Company Profiles
- 9.1 General Electric
- 9.2 Siemens Energy
- 9.3 Lapp Insulators GmbH
- 9.4 Sevedier
- 9.5 GIPRO GmbH
- 9.6 Olectra Greentech Limited
- 9.7 TE Connectivity
- 9.8 Hitachi Energy Ltd.
- 9.9 PFISTERER Holding AG
- 9.10 Hubbell
- 9.11 Gamma Insulators
- 9.12 Newell Porcelain
- 9.13 Peak Demand Inc.
- 9.14 INAEL Electrical Systems
- 9.15 Deccan Enterprises Private Limited
- 9.16 Taporel Electrical Insulation Technology Co., Ltd.
- 9.17 CYG Insulator Co., Ltd.
- 9.18 Izoelektro
- 9.19 Meister International
- 9.20 Elsewedy Electric.
