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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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    Report

  • 121 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953794
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 SZIGETELŐ KFT.

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
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Composite Insulators Market, by Voltage
1.4.2 Asia Pacific Composite Insulators Market, by Product
1.4.3 Asia Pacific Composite Insulators Market, by End Use
1.4.4 Asia Pacific Composite Insulators Market, by Application
1.4.5 Asia Pacific Composite Insulators Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Composite Insulators Market by Voltage
4.1 Asia Pacific Medium Market by Country
4.2 Asia Pacific High Market by Country
4.3 Asia Pacific Low Market by Country
Chapter 5. Asia Pacific Composite Insulators Market by Product
5.1 Asia Pacific Pin Market by Country
5.2 Asia Pacific Suspension Market by Country
5.3 Asia Pacific Shackle Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Composite Insulators Market by End Use
6.1 Asia Pacific Utilities Market by Country
6.2 Asia Pacific Industries Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Composite Insulators Market by Application
7.1 Asia Pacific Transformers Market by Country
7.2 Asia Pacific Cables Market by Country
7.3 Asia Pacific Switchgears Market by Country
7.4 Asia Pacific Busbars Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Composite Insulators Market by Country
8.1 China Composite Insulators Market
8.1.1 China Composite Insulators Market by Voltage
8.1.2 China Composite Insulators Market by Product
8.1.3 China Composite Insulators Market by End Use
8.1.4 China Composite Insulators Market by Application
8.2 Japan Composite Insulators Market
8.2.1 Japan Composite Insulators Market by Voltage
8.2.2 Japan Composite Insulators Market by Product
8.2.3 Japan Composite Insulators Market by End Use
8.2.4 Japan Composite Insulators Market by Application
8.3 India Composite Insulators Market
8.3.1 India Composite Insulators Market by Voltage
8.3.2 India Composite Insulators Market by Product
8.3.3 India Composite Insulators Market by End Use
8.3.4 India Composite Insulators Market by Application
8.4 South Korea Composite Insulators Market
8.4.1 South Korea Composite Insulators Market by Voltage
8.4.2 South Korea Composite Insulators Market by Product
8.4.3 South Korea Composite Insulators Market by End Use
8.4.4 South Korea Composite Insulators Market by Application
8.5 Singapore Composite Insulators Market
8.5.1 Singapore Composite Insulators Market by Voltage
8.5.2 Singapore Composite Insulators Market by Product
8.5.3 Singapore Composite Insulators Market by End Use
8.5.4 Singapore Composite Insulators Market by Application
8.6 Malaysia Composite Insulators Market
8.6.1 Malaysia Composite Insulators Market by Voltage
8.6.2 Malaysia Composite Insulators Market by Product
8.6.3 Malaysia Composite Insulators Market by End Use
8.6.4 Malaysia Composite Insulators Market by Application
8.7 Rest of Asia Pacific Composite Insulators Market
8.7.1 Rest of Asia Pacific Composite Insulators Market by Voltage
8.7.2 Rest of Asia Pacific Composite Insulators Market by Product
8.7.3 Rest of Asia Pacific Composite Insulators Market by End Use
8.7.4 Rest of Asia Pacific Composite Insulators Market by Application
Chapter 9. Company Profiles
9.1 Victor Insulators, Inc.
9.1.1 Company Overview
9.2 Olectra Greentech Limited (Megha Engineering & Infrastructures Limited)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Yamuna Power & Infrastructure Ltd.
9.3.1 Company Overview
9.4 METTZ Group
9.4.1 Company Overview
9.5 FCI kompozit szigetelo kft.
9.5.1 Company Overview
9.6 TE Connectivity Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 ABB Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Hubbell Incorporated
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 General Electric Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Siemens AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis

Companies Mentioned

  • 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 SZIGETELŐ KFT.

Methodology

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