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PUBLISHER: KBV Research | PRODUCT CODE: 1462380
PUBLISHER: KBV Research | PRODUCT CODE: 1462380
Asia Pacific Composite Insulators Market Size, Share & Trends Analysis Report By Voltage (Medium, High, and Low), By Product (Pin, Suspension, Shackle, and Others), By End Use, By Application By Country and Growth Forecast, 2024 - 2031
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The Asia Pacific Composite Insulators Market would witness market growth of 4.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Composite Insulators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $515.3 million by 2031. The Japan market is registering a CAGR of 3.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 5.1% during (2024 - 2031).
These insulators are utilized in industrial and petrochemical facilities to insulate electrical equipment, control panels, and switchgear from corrosive chemicals, moisture, and extreme temperatures. Their non-conductive properties and resistance to chemical degradation enhance safety and reliability in hazardous environments. Moisture ingress can compromise the performance and safety of electrical equipment in industrial environments.
Additionally, integrating the Internet of Things (IoT) and smart grid technologies into these insulators enables real-time electrical parameters, temperature, and mechanical stress monitoring. Intelligent insulators outfitted with communication modules and sensors offer significant insights regarding the condition and functionality of power infrastructure. This facilitates the implementation of predictive maintenance and asset management strategies.
As per the data from the State Council of China, the nation possessed a cumulative installed renewable energy capacity of 1.06 billion kilowatts by the conclusion of 2021, constituting 44.8 percent of the overall installed power generation capacity. China produced 2.48 trillion kWh of electricity from renewable sources in 2021, representing 29.8 percent of the nation's overall electricity usage. In addition, as per the data released in 2023 by the Ministry of Petroleum and Natural Gas of India, the size of the Indian chemicals and petrochemicals sector is currently USD 190 Billion. Moreover, as per Invest India, the quantum of production of major petrochemicals increased (up to May 2023) compared to the previous year, recording an increase of 10.74%. Thus, the expanding petrochemical and renewable energy sectors in the Asia Pacific will assist in the growth of the regional market.
Based on Voltage, the market is segmented into Medium, High, and Low. Based on Product, the market is segmented into Pin, Suspension, Shackle, and Others. Based on End Use, the market is segmented into Utilities, Industries, and Others. Based on Application, the market is segmented into Transformers, Cables, Switchgears, Busbars, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- TE Connectivity Ltd.
- Hubbell Incorporated
- Victor Insulators, Inc.
- ABB Ltd.
- General Electric Company
- Siemens AG
- Olectra Greentech Limited (MEGHA ENGINEERING & INFRASTRUCTURES LIMITED)
- Yamuna Power & Infrastructure Ltd.
- METTZ Group
- FCI KOMPOZIT SZIGETELo KFT.
Asia Pacific Composite Insulators Market Report Segmentation
By Voltage
- Medium
- High
- Low
By Product
- Pin
- Suspension
- Shackle
- Others
By End Use
- Utilities
- Industries
- Others
By Application
- Transformers
- Cables
- Switchgears
- Busbars
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Asia Pacific Composite Insulators Market, by Voltage
- 1.4.2Asia Pacific Composite Insulators Market, by Product
- 1.4.3Asia Pacific Composite Insulators Market, by End Use
- 1.4.4Asia Pacific Composite Insulators Market, by Application
- 1.4.5Asia Pacific Composite Insulators Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Asia Pacific Composite Insulators Market by Voltage
- 4.1Asia Pacific Medium Market by Country
- 4.2Asia Pacific High Market by Country
- 4.3Asia Pacific Low Market by Country
Chapter 5.Asia Pacific Composite Insulators Market by Product
- 5.1Asia Pacific Pin Market by Country
- 5.2Asia Pacific Suspension Market by Country
- 5.3Asia Pacific Shackle Market by Country
- 5.4Asia Pacific Others Market by Country
Chapter 6.Asia Pacific Composite Insulators Market by End Use
- 6.1Asia Pacific Utilities Market by Country
- 6.2Asia Pacific Industries Market by Country
- 6.3Asia Pacific Others Market by Country
Chapter 7.Asia Pacific Composite Insulators Market by Application
- 7.1Asia Pacific Transformers Market by Country
- 7.2Asia Pacific Cables Market by Country
- 7.3Asia Pacific Switchgears Market by Country
- 7.4Asia Pacific Busbars Market by Country
- 7.5Asia Pacific Others Market by Country
Chapter 8.Asia Pacific Composite Insulators Market by Country
- 8.1China Composite Insulators Market
- 8.1.1China Composite Insulators Market by Voltage
- 8.1.2China Composite Insulators Market by Product
- 8.1.3China Composite Insulators Market by End Use
- 8.1.4China Composite Insulators Market by Application
- 8.2Japan Composite Insulators Market
- 8.2.1Japan Composite Insulators Market by Voltage
- 8.2.2Japan Composite Insulators Market by Product
- 8.2.3Japan Composite Insulators Market by End Use
- 8.2.4Japan Composite Insulators Market by Application
- 8.3India Composite Insulators Market
- 8.3.1India Composite Insulators Market by Voltage
- 8.3.2India Composite Insulators Market by Product
- 8.3.3India Composite Insulators Market by End Use
- 8.3.4India Composite Insulators Market by Application
- 8.4South Korea Composite Insulators Market
- 8.4.1South Korea Composite Insulators Market by Voltage
- 8.4.2South Korea Composite Insulators Market by Product
- 8.4.3South Korea Composite Insulators Market by End Use
- 8.4.4South Korea Composite Insulators Market by Application
- 8.5Singapore Composite Insulators Market
- 8.5.1Singapore Composite Insulators Market by Voltage
- 8.5.2Singapore Composite Insulators Market by Product
- 8.5.3Singapore Composite Insulators Market by End Use
- 8.5.4Singapore Composite Insulators Market by Application
- 8.6Malaysia Composite Insulators Market
- 8.6.1Malaysia Composite Insulators Market by Voltage
- 8.6.2Malaysia Composite Insulators Market by Product
- 8.6.3Malaysia Composite Insulators Market by End Use
- 8.6.4Malaysia Composite Insulators Market by Application
- 8.7Rest of Asia Pacific Composite Insulators Market
- 8.7.1Rest of Asia Pacific Composite Insulators Market by Voltage
- 8.7.2Rest of Asia Pacific Composite Insulators Market by Product
- 8.7.3Rest of Asia Pacific Composite Insulators Market by End Use
- 8.7.4Rest of Asia Pacific Composite Insulators Market by Application
Chapter 9.Company Profiles
- 9.1Victor Insulators, Inc.
- 9.1.1Company Overview
- 9.2Olectra Greentech Limited (Megha Engineering & Infrastructures Limited)
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.3Yamuna Power & Infrastructure Ltd.
- 9.3.1Company Overview
- 9.4METTZ Group
- 9.4.1Company Overview
- 9.5FCI kompozit szigetelo kft.
- 9.5.1Company Overview
- 9.6TE Connectivity Ltd.
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5SWOT Analysis
- 9.7ABB Ltd.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expense
- 9.7.5SWOT Analysis
- 9.8Hubbell Incorporated
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expenses
- 9.8.5SWOT Analysis
- 9.9General Electric Company
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5SWOT Analysis
- 9.10.Siemens AG
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1Asia Pacific Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 2Asia Pacific Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 3Asia Pacific Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 4Asia Pacific Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 5Asia Pacific Medium Market by Country, 2020 - 2023, USD Million
- TABLE 6Asia Pacific Medium Market by Country, 2024 - 2031, USD Million
- TABLE 7Asia Pacific High Market by Country, 2020 - 2023, USD Million
- TABLE 8Asia Pacific High Market by Country, 2024 - 2031, USD Million
- TABLE 9Asia Pacific Low Market by Country, 2020 - 2023, USD Million
- TABLE 10Asia Pacific Low Market by Country, 2024 - 2031, USD Million
- TABLE 11Asia Pacific Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 12Asia Pacific Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 13Asia Pacific Pin Market by Country, 2020 - 2023, USD Million
- TABLE 14Asia Pacific Pin Market by Country, 2024 - 2031, USD Million
- TABLE 15Asia Pacific Suspension Market by Country, 2020 - 2023, USD Million
- TABLE 16Asia Pacific Suspension Market by Country, 2024 - 2031, USD Million
- TABLE 17Asia Pacific Shackle Market by Country, 2020 - 2023, USD Million
- TABLE 18Asia Pacific Shackle Market by Country, 2024 - 2031, USD Million
- TABLE 19Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 20Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 21Asia Pacific Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 22Asia Pacific Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 23Asia Pacific Utilities Market by Country, 2020 - 2023, USD Million
- TABLE 24Asia Pacific Utilities Market by Country, 2024 - 2031, USD Million
- TABLE 25Asia Pacific Industries Market by Country, 2020 - 2023, USD Million
- TABLE 26Asia Pacific Industries Market by Country, 2024 - 2031, USD Million
- TABLE 27Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 28Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 29Asia Pacific Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 30Asia Pacific Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 31Asia Pacific Transformers Market by Country, 2020 - 2023, USD Million
- TABLE 32Asia Pacific Transformers Market by Country, 2024 - 2031, USD Million
- TABLE 33Asia Pacific Cables Market by Country, 2020 - 2023, USD Million
- TABLE 34Asia Pacific Cables Market by Country, 2024 - 2031, USD Million
- TABLE 35Asia Pacific Switchgears Market by Country, 2020 - 2023, USD Million
- TABLE 36Asia Pacific Switchgears Market by Country, 2024 - 2031, USD Million
- TABLE 37Asia Pacific Busbars Market by Country, 2020 - 2023, USD Million
- TABLE 38Asia Pacific Busbars Market by Country, 2024 - 2031, USD Million
- TABLE 39Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 40Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 41Asia Pacific Composite Insulators Market by Country, 2020 - 2023, USD Million
- TABLE 42Asia Pacific Composite Insulators Market by Country, 2024 - 2031, USD Million
- TABLE 43China Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 44China Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 45China Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 46China Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 47China Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 48China Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 49China Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 50China Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 51China Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 52China Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 53Japan Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 54Japan Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 55Japan Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 56Japan Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 57Japan Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 58Japan Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 59Japan Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 60Japan Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 61Japan Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 62Japan Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 63India Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 64India Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 65India Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 66India Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 67India Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 68India Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 69India Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 70India Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 71India Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 72India Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 73South Korea Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 74South Korea Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 75South Korea Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 76South Korea Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 77South Korea Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 78South Korea Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 79South Korea Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 80South Korea Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 81South Korea Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 82South Korea Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 83Singapore Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 84Singapore Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 85Singapore Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 86Singapore Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 87Singapore Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 88Singapore Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 89Singapore Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 90Singapore Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 91Singapore Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 92Singapore Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 93Malaysia Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 94Malaysia Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 95Malaysia Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 96Malaysia Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 97Malaysia Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 98Malaysia Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 99Malaysia Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 100Malaysia Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 101Malaysia Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 102Malaysia Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 103Rest of Asia Pacific Composite Insulators Market, 2020 - 2023, USD Million
- TABLE 104Rest of Asia Pacific Composite Insulators Market, 2024 - 2031, USD Million
- TABLE 105Rest of Asia Pacific Composite Insulators Market by Voltage, 2020 - 2023, USD Million
- TABLE 106Rest of Asia Pacific Composite Insulators Market by Voltage, 2024 - 2031, USD Million
- TABLE 107Rest of Asia Pacific Composite Insulators Market by Product, 2020 - 2023, USD Million
- TABLE 108Rest of Asia Pacific Composite Insulators Market by Product, 2024 - 2031, USD Million
- TABLE 109Rest of Asia Pacific Composite Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 110Rest of Asia Pacific Composite Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 111Rest of Asia Pacific Composite Insulators Market by Application, 2020 - 2023, USD Million
- TABLE 112Rest of Asia Pacific Composite Insulators Market by Application, 2024 - 2031, USD Million
- TABLE 113Key Information - Victor Insulators, Inc.
- TABLE 114Key Information - Olectra Greentech Limited
- TABLE 115Key Information - Yamuna Power & Infrastructure Ltd.
- TABLE 116Key Information - METTZ Group
- TABLE 117Key Information - FCI kompozit szigetelo kft.
- TABLE 118Key information -TE Connectivity Ltd.
- TABLE 119Key Information - ABB Ltd.
- TABLE 120Key Information - Hubbell Incorporated
- TABLE 121Key Information - General Electric Company
- TABLE 122Key Information - Siemens AG
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