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Electric Insulator Market By Type, By Material Type, By Voltage, By Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 467 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670877
Description Jump to:
The global electric insulator market size was valued at $12.6 billion in 2021, and projected to reach $20.8 billion by 2031, with a CAGR of 5.2% from 2022 to 2031.

Insulators have high resistivity and low conductivity. Insulators are not conducive to electrical energy. They are used in every electrical circuit. It avoids leakage of current and ensure safety of the human life and stable operation of the electric appliances. It is used as a mechanical support in power transmission lines to withstand stresses.

Growth in measures to ensure safety & stability along with the increase in electric infrastructure spending across power grid applications is expected to drive the market demand. The refurbishment & replacement of existing networks primarily across the emerging economies, stringent government policies toward the development of sustainable electrical networks to increase power generation through clean energy sources are anticipated to drive the market growth.

The ceramic electric insulator market is anticipated to reach $2.5 billion by 2028 due to the ability of these units to provide optimal mechanical strength, enhanced hydrophobicity properties, lower leakage current, and significant stress resistance. Moreover, these insulators are poised to register a substantial adoption owing to its excellent insulation quality, elevated fire temperature ratings, optimized durability, and cost-effective availability. The introduction of new government schemes & funding for establishing long electrical networks is expected to boost the market.

Ongoing investments toward R&D activities by major industry players to increase the insulation & tensile strength, material density, and expansion coefficient are anticipated to positively influence the product penetration. Legislative ventures to expand power infrastructures coupled with the surge in urbanization & commercialization is expected to augment the demand for electric insulators. Furthermore, as the demand for alternative energy sources grows, so the demand for electric Insulators. However, the volatile price of raw material will hamper the development of the market.

The electric insulator market is segmented on the basis of type, material type, voltage, application, end use, and region.

On the basis of type, the market is fragmented into shackle insulator, pin insulator, suspension insulator, and others. By material type the market is classified into ceramic, composite, glass, and others. On the basis of voltage, it is divided into low, medium and high. On the basis of application, it is segmented into transformer, cables, switchgear, busbar, surge protection devices, and others. On the basis of end use, the market is categorized into utilities, industries and others.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by North America and Europe.

The major companies profiled in this report include ABB Ltd, Siemens Energy, GE Grid Solutions, Hubbell Power Systems, NGK Insulators, Ltd., Aditya Birla Insulators, MacLean-Fogg Company, Elsewedy Electric, Seves Group, BHEL, TE Connectivity, Modern Insulators, Almatis GmbH, Hitachi Energy, Olectra Greentech, Zhengzhou Orient Power, and INCAP. Owing to rapid industrialization, modernization, rise in the demand for portable electronic gadgets, and investment in the renewable energy have fueled the demand for electric Insulator.

Further growth strategies such as expansion of production capacities, acquisition, partnership and research & innovation in the power generation, transmission, and distribution have led to key developments in the global electric insulator market.

Covid-19 Analysis

COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments and infrastructure companies. The novel coronavirus has affected several economies ad caused lockdown in many countries which has limited the growth of the market. The shutdown of industrial manufacturer led to the decline in the demand for solar related equipment in most of the countries across the world led to decline in the demand of the electric Insulator market. The decrease in utilization of power in the industrial facilities across the globe during the outbreak has a negative impact on the development of the market.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric insulator market analysis from 2021 to 2031 to identify the prevailing electric insulator market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the electric insulator market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global electric insulator market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Shackle Insulator
  • Pin Insulator
  • Suspension Insulator
  • Others

By Material Type

  • Ceramic
  • Composite
  • Glass
  • Others

By Voltage

  • Low
  • Medium
  • High

By Application

  • Transformer
  • Cables
  • Switchgear
  • Busbar
  • Surge Protection Devices
  • Others

By End Use

  • Utilities
  • Industries
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • ABB Ltd
  • Siemens AG
  • GE Grid Solutions
  • Hubbell Power Systems
  • NGK Insulators, Ltd.
  • Aditya Birla Insulators
  • MacLean-Fogg Company
  • Elsewedy Electric
  • Seves Group
  • BHEL
  • TE Connectivity
  • Modern Insulators
  • Almatis GmbH
  • Hitachi Energy
  • Olectra Greentech
  • Zhengzhou Orient Power
  • INCAP

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Pricing Analysis
3.8.Value Chain Analysis
3.9.Key Regulation Analysis
CHAPTER 4: ELECTRIC INSULATOR MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Shackle Insulator
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Pin Insulator
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Suspension Insulator
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: ELECTRIC INSULATOR MARKET, BY MATERIAL TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Ceramic
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Composite
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Glass
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: ELECTRIC INSULATOR MARKET, BY VOLTAGE
6.1 Overview
6.1.1 Market size and forecast
6.2 Low
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Medium
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 High
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: ELECTRIC INSULATOR MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Transformer
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Cables
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Switchgear
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Busbar
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Surge Protection Devices
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country
7.7 Others
7.7.1 Key market trends, growth factors and opportunities
7.7.2 Market size and forecast, by region
7.7.3 Market analysis by country
CHAPTER 8: ELECTRIC INSULATOR MARKET, BY END USE
8.1 Overview
8.1.1 Market size and forecast
8.2 Utilities
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by region
8.2.3 Market analysis by country
8.3 Industries
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market analysis by country
8.4 Others
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by region
8.4.3 Market analysis by country
CHAPTER 9: ELECTRIC INSULATOR MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Type
9.2.3 North America Market size and forecast, by Material Type
9.2.4 North America Market size and forecast, by Voltage
9.2.5 North America Market size and forecast, by Application
9.2.6 North America Market size and forecast, by End Use
9.2.7 North America Market size and forecast, by country
9.2.7.1 U.S.
9.2.7.1.1 Market size and forecast, by Type
9.2.7.1.2 Market size and forecast, by Material Type
9.2.7.1.3 Market size and forecast, by Voltage
9.2.7.1.4 Market size and forecast, by Application
9.2.7.1.5 Market size and forecast, by End Use
9.2.7.2 Canada
9.2.7.2.1 Market size and forecast, by Type
9.2.7.2.2 Market size and forecast, by Material Type
9.2.7.2.3 Market size and forecast, by Voltage
9.2.7.2.4 Market size and forecast, by Application
9.2.7.2.5 Market size and forecast, by End Use
9.2.7.3 Mexico
9.2.7.3.1 Market size and forecast, by Type
9.2.7.3.2 Market size and forecast, by Material Type
9.2.7.3.3 Market size and forecast, by Voltage
9.2.7.3.4 Market size and forecast, by Application
9.2.7.3.5 Market size and forecast, by End Use
9.3 Europe
9.3.1 Key trends and opportunities
9.3.2 Europe Market size and forecast, by Type
9.3.3 Europe Market size and forecast, by Material Type
9.3.4 Europe Market size and forecast, by Voltage
9.3.5 Europe Market size and forecast, by Application
9.3.6 Europe Market size and forecast, by End Use
9.3.7 Europe Market size and forecast, by country
9.3.7.1 Germany
9.3.7.1.1 Market size and forecast, by Type
9.3.7.1.2 Market size and forecast, by Material Type
9.3.7.1.3 Market size and forecast, by Voltage
9.3.7.1.4 Market size and forecast, by Application
9.3.7.1.5 Market size and forecast, by End Use
9.3.7.2 France
9.3.7.2.1 Market size and forecast, by Type
9.3.7.2.2 Market size and forecast, by Material Type
9.3.7.2.3 Market size and forecast, by Voltage
9.3.7.2.4 Market size and forecast, by Application
9.3.7.2.5 Market size and forecast, by End Use
9.3.7.3 UK
9.3.7.3.1 Market size and forecast, by Type
9.3.7.3.2 Market size and forecast, by Material Type
9.3.7.3.3 Market size and forecast, by Voltage
9.3.7.3.4 Market size and forecast, by Application
9.3.7.3.5 Market size and forecast, by End Use
9.3.7.4 Italy
9.3.7.4.1 Market size and forecast, by Type
9.3.7.4.2 Market size and forecast, by Material Type
9.3.7.4.3 Market size and forecast, by Voltage
9.3.7.4.4 Market size and forecast, by Application
9.3.7.4.5 Market size and forecast, by End Use
9.3.7.5 Spain
9.3.7.5.1 Market size and forecast, by Type
9.3.7.5.2 Market size and forecast, by Material Type
9.3.7.5.3 Market size and forecast, by Voltage
9.3.7.5.4 Market size and forecast, by Application
9.3.7.5.5 Market size and forecast, by End Use
9.3.7.6 Rest of Europe
9.3.7.6.1 Market size and forecast, by Type
9.3.7.6.2 Market size and forecast, by Material Type
9.3.7.6.3 Market size and forecast, by Voltage
9.3.7.6.4 Market size and forecast, by Application
9.3.7.6.5 Market size and forecast, by End Use
9.4 Asia-Pacific
9.4.1 Key trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Type
9.4.3 Asia-Pacific Market size and forecast, by Material Type
9.4.4 Asia-Pacific Market size and forecast, by Voltage
9.4.5 Asia-Pacific Market size and forecast, by Application
9.4.6 Asia-Pacific Market size and forecast, by End Use
9.4.7 Asia-Pacific Market size and forecast, by country
9.4.7.1 China
9.4.7.1.1 Market size and forecast, by Type
9.4.7.1.2 Market size and forecast, by Material Type
9.4.7.1.3 Market size and forecast, by Voltage
9.4.7.1.4 Market size and forecast, by Application
9.4.7.1.5 Market size and forecast, by End Use
9.4.7.2 Japan
9.4.7.2.1 Market size and forecast, by Type
9.4.7.2.2 Market size and forecast, by Material Type
9.4.7.2.3 Market size and forecast, by Voltage
9.4.7.2.4 Market size and forecast, by Application
9.4.7.2.5 Market size and forecast, by End Use
9.4.7.3 India
9.4.7.3.1 Market size and forecast, by Type
9.4.7.3.2 Market size and forecast, by Material Type
9.4.7.3.3 Market size and forecast, by Voltage
9.4.7.3.4 Market size and forecast, by Application
9.4.7.3.5 Market size and forecast, by End Use
9.4.7.4 South Korea
9.4.7.4.1 Market size and forecast, by Type
9.4.7.4.2 Market size and forecast, by Material Type
9.4.7.4.3 Market size and forecast, by Voltage
9.4.7.4.4 Market size and forecast, by Application
9.4.7.4.5 Market size and forecast, by End Use
9.4.7.5 Rest of Asia-Pacific
9.4.7.5.1 Market size and forecast, by Type
9.4.7.5.2 Market size and forecast, by Material Type
9.4.7.5.3 Market size and forecast, by Voltage
9.4.7.5.4 Market size and forecast, by Application
9.4.7.5.5 Market size and forecast, by End Use
9.5 LAMEA
9.5.1 Key trends and opportunities
9.5.2 LAMEA Market size and forecast, by Type
9.5.3 LAMEA Market size and forecast, by Material Type
9.5.4 LAMEA Market size and forecast, by Voltage
9.5.5 LAMEA Market size and forecast, by Application
9.5.6 LAMEA Market size and forecast, by End Use
9.5.7 LAMEA Market size and forecast, by country
9.5.7.1 Brazil
9.5.7.1.1 Market size and forecast, by Type
9.5.7.1.2 Market size and forecast, by Material Type
9.5.7.1.3 Market size and forecast, by Voltage
9.5.7.1.4 Market size and forecast, by Application
9.5.7.1.5 Market size and forecast, by End Use
9.5.7.2 Saudi Arabia
9.5.7.2.1 Market size and forecast, by Type
9.5.7.2.2 Market size and forecast, by Material Type
9.5.7.2.3 Market size and forecast, by Voltage
9.5.7.2.4 Market size and forecast, by Application
9.5.7.2.5 Market size and forecast, by End Use
9.5.7.3 South Africa
9.5.7.3.1 Market size and forecast, by Type
9.5.7.3.2 Market size and forecast, by Material Type
9.5.7.3.3 Market size and forecast, by Voltage
9.5.7.3.4 Market size and forecast, by Application
9.5.7.3.5 Market size and forecast, by End Use
9.5.7.4 Rest of LAMEA
9.5.7.4.1 Market size and forecast, by Type
9.5.7.4.2 Market size and forecast, by Material Type
9.5.7.4.3 Market size and forecast, by Voltage
9.5.7.4.4 Market size and forecast, by Application
9.5.7.4.5 Market size and forecast, by End Use
CHAPTER 10: COMPANY LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Key developments
CHAPTER 11: COMPANY PROFILES
11.1 ABB Ltd
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 Siemens AG
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 GE Grid Solutions
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 Hubbell Power Systems
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 NGK Insulators, Ltd.
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 Aditya Birla Insulators
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 MacLean-Fogg Company
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 Elsewedy Electric
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 Seves Group
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 BHEL
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
11.11 TE Connectivity
11.11.1 Company overview
11.11.2 Company snapshot
11.11.3 Operating business segments
11.11.4 Product portfolio
11.11.5 Business performance
11.11.6 Key strategic moves and developments
11.12 Modern Insulators
11.12.1 Company overview
11.12.2 Company snapshot
11.12.3 Operating business segments
11.12.4 Product portfolio
11.12.5 Business performance
11.12.6 Key strategic moves and developments
11.13 Almatis GmbH
11.13.1 Company overview
11.13.2 Company snapshot
11.13.3 Operating business segments
11.13.4 Product portfolio
11.13.5 Business performance
11.13.6 Key strategic moves and developments
11.14 Hitachi Energy
11.14.1 Company overview
11.14.2 Company snapshot
11.14.3 Operating business segments
11.14.4 Product portfolio
11.14.5 Business performance
11.14.6 Key strategic moves and developments
11.15 Olectra Greentech
11.15.1 Company overview
11.15.2 Company snapshot
11.15.3 Operating business segments
11.15.4 Product portfolio
11.15.5 Business performance
11.15.6 Key strategic moves and developments
11.16 Zhengzhou Orient Power
11.16.1 Company overview
11.16.2 Company snapshot
11.16.3 Operating business segments
11.16.4 Product portfolio
11.16.5 Business performance
11.16.6 Key strategic moves and developments
11.17 INCAP
11.17.1 Company overview
11.17.2 Company snapshot
11.17.3 Operating business segments
11.17.4 Product portfolio
11.17.5 Business performance
11.17.6 Key strategic moves and developments
List of Tables
Table 1. Global Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 2. Air Powered Vehicle Market Size, for Single Energy Mode, by Region, 2025-2035 ($Million)
Table 3. Air Powered Vehicle Market for Single Energy Mode, by Country, 2025-2035 ($Million)
Table 4. Air Powered Vehicle Market Size, for Dual Energy Mode, by Region, 2025-2035 ($Million)
Table 5. Air Powered Vehicle Market for Dual Energy Mode, by Country, 2025-2035 ($Million)
Table 6. Global Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 7. Air Powered Vehicle Market Size, for Passenger Vehicle, by Region, 2025-2035 ($Million)
Table 8. Air Powered Vehicle Market for Passenger Vehicle, by Country, 2025-2035 ($Million)
Table 9. Air Powered Vehicle Market Size, for Commercial Vehicle, by Region, 2025-2035 ($Million)
Table 10. Air Powered Vehicle Market for Commercial Vehicle, by Country, 2025-2035 ($Million)
Table 11. Air Powered Vehicle Market Size, for Motorcycles & Scooters, by Region, 2025-2035 ($Million)
Table 12. Air Powered Vehicle Market for Motorcycles & Scooters, by Country, 2025-2035 ($Million)
Table 13. Global Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 14. Air Powered Vehicle Market Size, for Less Than 100 Km, by Region, 2025-2035 ($Million)
Table 15. Air Powered Vehicle Market for Less Than 100 Km, by Country, 2025-2035 ($Million)
Table 16. Air Powered Vehicle Market Size, for 100-200 Km, by Region, 2025-2035 ($Million)
Table 17. Air Powered Vehicle Market for 100-200 Km, by Country, 2025-2035 ($Million)
Table 18. Air Powered Vehicle Market Size, for More Than 200 Km, by Region, 2025-2035 ($Million)
Table 19. Air Powered Vehicle Market for More Than 200 Km, by Country, 2025-2035 ($Million)
Table 20. Global Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 21. Air Powered Vehicle Market Size, for Up to 100 Kmph, by Region, 2025-2035 ($Million)
Table 22. Air Powered Vehicle Market for Up to 100 Kmph, by Country, 2025-2035 ($Million)
Table 23. Air Powered Vehicle Market Size, for More Than 100 Kmph, by Region, 2025-2035 ($Million)
Table 24. Air Powered Vehicle Market for More Than 100 Kmph, by Country, 2025-2035 ($Million)
Table 25. Air Powered Vehicle Market, by Region, 2025-2035 ($Million)
Table 26. North America Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 27. North America Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 28. North America Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 29. North America Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 30. North America Air Powered Vehicle Market, by Country, 2025-2035 ($Million)
Table 31. U.S. Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 32. U.S. Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 33. U.S. Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 34. U.S. Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 35. Canada Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 36. Canada Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 37. Canada Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 38. Canada Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 39. Mexico Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 40. Mexico Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 41. Mexico Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 42. Mexico Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 43. Europe Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 44. Europe Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 45. Europe Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 46. Europe Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 47. Europe Air Powered Vehicle Market, by Country, 2025-2035 ($Million)
Table 48. U.K. Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 49. U.K. Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 50. U.K. Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 51. U.K. Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 52. Germany Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 53. Germany Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 54. Germany Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 55. Germany Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 56. France Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 57. France Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 58. France Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 59. France Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 60. Spain Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 61. Spain Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 62. Spain Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 63. Spain Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 64. Netherlands Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 65. Netherlands Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 66. Netherlands Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 67. Netherlands Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 68. Norway Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 69. Norway Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 70. Norway Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 71. Norway Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 72. Rest of Europe Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 73. Rest of Europe Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 74. Rest of Europe Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 75. Rest of Europe Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 76. Asia-Pacific Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 77. Asia-Pacific Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 78. Asia-Pacific Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 79. Asia-Pacific Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 80. Asia-Pacific Air Powered Vehicle Market, by Country, 2025-2035 ($Million)
Table 81. China Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 82. China Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 83. China Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 84. China Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 85. Japan Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 86. Japan Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 87. Japan Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 88. Japan Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 89. India Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 90. India Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 91. India Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 92. India Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 93. Australia Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 94. Australia Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 95. Australia Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 96. Australia Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 97. South Korea Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 98. South Korea Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 99. South Korea Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 100. South Korea Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 101. Singapore Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 102. Singapore Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 103. Singapore Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 104. Singapore Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 105. Rest of Asia-Pacific Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 106. Rest of Asia-Pacific Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 107. Rest of Asia-Pacific Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 108. Rest of Asia-Pacific Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 109. LAMEA Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 110. LAMEA Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 111. LAMEA Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 112. LAMEA Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 113. LAMEA Air Powered Vehicle Market, by Country, 2025-2035 ($Million)
Table 114. Latin America Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 115. Latin America Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 116. Latin America Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 117. Latin America Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 118. Middle East Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 119. Middle East Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 120. Middle East Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 121. Middle East Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 122. Africa Air Powered Vehicle Market, by Product Type, 2025-2035 ($Million)
Table 123. Africa Air Powered Vehicle Market, by Vehicle Type, 2025-2035 ($Million)
Table 124. Africa Air Powered Vehicle Market, by Range, 2025-2035 ($Million)
Table 125. Africa Air Powered Vehicle Market, by Top Speed, 2025-2035 ($Million)
Table 126. Audi Ag: Company Snapshot
Table 127. Audi Ag: Operating Segments
Table 128. Audi Ag: Product Portfolio
Table 129. Audi Ag: Net Sales
Table 130. Audi Ag: Key Stratergies
Table 131. Ballard Power Systems Inc: Company Snapshot
Table 132. Ballard Power Systems Inc: Operating Segments
Table 133. Ballard Power Systems Inc: Product Portfolio
Table 134. Ballard Power Systems Inc: Net Sales
Table 135. Ballard Power Systems Inc: Key Stratergies
Table 136. Bmw Group: Company Snapshot
Table 137. Bmw Group: Operating Segments
Table 138. Bmw Group: Product Portfolio
Table 139. Bmw Group: Net Sales
Table 140. Bmw Group: Key Stratergies
Table 141. Daimler Ag: Company Snapshot
Table 142. Daimler Ag: Operating Segments
Table 143. Daimler Ag: Product Portfolio
Table 144. Daimler Ag: Net Sales
Table 145. Daimler Ag: Key Stratergies
Table 146. Engineair Pty Ltd: Company Snapshot
Table 147. Engineair Pty Ltd: Operating Segments
Table 148. Engineair Pty Ltd: Product Portfolio
Table 149. Engineair Pty Ltd: Net Sales
Table 150. Engineair Pty Ltd: Key Stratergies
Table 151. General Motors Company: Company Snapshot
Table 152. General Motors Company: Operating Segments
Table 153. General Motors Company: Product Portfolio
Table 154. General Motors Company: Net Sales
Table 155. General Motors Company: Key Stratergies
Table 156. Honda Motor Company, Ltd.: Company Snapshot
Table 157. Honda Motor Company, Ltd.: Operating Segments
Table 158. Honda Motor Company, Ltd.: Product Portfolio
Table 159. Honda Motor Company, Ltd.: Net Sales
Table 160. Honda Motor Company, Ltd.: Key Stratergies
Table 161. Hyundai Motor Group: Company Snapshot
Table 162. Hyundai Motor Group: Operating Segments
Table 163. Hyundai Motor Group: Product Portfolio
Table 164. Hyundai Motor Group: Net Sales
Table 165. Hyundai Motor Group: Key Stratergies
Table 166. Magnetic Air Car, Inc.: Company Snapshot
Table 167. Magnetic Air Car, Inc.: Operating Segments
Table 168. Magnetic Air Car, Inc.: Product Portfolio
Table 169. Magnetic Air Car, Inc.: Net Sales
Table 170. Magnetic Air Car, Inc.: Key Stratergies
Table 171. Man Se: Company Snapshot
Table 172. Man Se: Operating Segments
Table 173. Man Se: Product Portfolio
Table 174. Man Se: Net Sales
Table 175. Man Se: Key Stratergies
Table 176. Matrix Comsec: Company Snapshot
Table 177. Matrix Comsec: Operating Segments
Table 178. Matrix Comsec: Product Portfolio
Table 179. Matrix Comsec: Net Sales
Table 180. Matrix Comsec: Key Stratergies
Table 181. Motor Development International Sa: Company Snapshot
Table 182. Motor Development International Sa: Operating Segments
Table 183. Motor Development International Sa: Product Portfolio
Table 184. Motor Development International Sa: Net Sales
Table 185. Motor Development International Sa: Key Stratergies
Table 186. Peugeot S.A.: Company Snapshot
Table 187. Peugeot S.A.: Operating Segments
Table 188. Peugeot S.A.: Product Portfolio
Table 189. Peugeot S.A.: Net Sales
Table 190. Peugeot S.A.: Key Stratergies
Table 191. Phinergy: Company Snapshot
Table 192. Phinergy: Operating Segments
Table 193. Phinergy: Product Portfolio
Table 194. Phinergy: Net Sales
Table 195. Phinergy: Key Stratergies
Table 196. Tata Motors Limited: Company Snapshot
Table 197. Tata Motors Limited: Operating Segments
Table 198. Tata Motors Limited: Product Portfolio
Table 199. Tata Motors Limited: Net Sales
Table 200. Tata Motors Limited: Key Stratergies
Table 201. Toyota Motor Corporation: Company Snapshot
Table 202. Toyota Motor Corporation: Operating Segments
Table 203. Toyota Motor Corporation: Product Portfolio
Table 204. Toyota Motor Corporation: Net Sales
Table 205. Toyota Motor Corporation: Key Stratergies
Table 206. Volvo Group: Company Snapshot
Table 207. Volvo Group: Operating Segments
Table 208. Volvo Group: Product Portfolio
Table 209. Volvo Group: Net Sales
Table 210. Volvo Group: Key Stratergies
List of Figures
Figure 1. Electric Insulator Market Segmentation
Figure 2. Electric Insulator Market,2021-2031
Figure 3. Electric Insulator Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Electric Insulator Market:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Key Regulation Analysis
Figure 15. Electric Insulator Market,By Type,2021(%)
Figure 16. Comparative Share Analysis of Shackle Insulator Electric Insulator Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Pin Insulator Electric Insulator Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Suspension Insulator Electric Insulator Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Others Electric Insulator Market,2021-2031(%)
Figure 20. Electric Insulator Market,By Material Type,2021(%)
Figure 21. Comparative Share Analysis of Ceramic Electric Insulator Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Composite Electric Insulator Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Glass Electric Insulator Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Others Electric Insulator Market,2021-2031(%)
Figure 25. Electric Insulator Market,By Voltage,2021(%)
Figure 26. Comparative Share Analysis of Low Electric Insulator Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Medium Electric Insulator Market,2021-2031(%)
Figure 28. Comparative Share Analysis of High Electric Insulator Market,2021-2031(%)
Figure 29. Electric Insulator Market,By Application,2021(%)
Figure 30. Comparative Share Analysis of Transformer Electric Insulator Market,2021-2031(%)
Figure 31. Comparative Share Analysis of Cables Electric Insulator Market,2021-2031(%)
Figure 32. Comparative Share Analysis of Switchgear Electric Insulator Market,2021-2031(%)
Figure 33. Comparative Share Analysis of Busbar Electric Insulator Market,2021-2031(%)
Figure 34. Comparative Share Analysis of Surge Protection Devices Electric Insulator Market,2021-2031(%)
Figure 35. Comparative Share Analysis of Others Electric Insulator Market,2021-2031(%)
Figure 36. Electric Insulator Market,By End Use,2021(%)
Figure 37. Comparative Share Analysis of Utilities Electric Insulator Market,2021-2031(%)
Figure 38. Comparative Share Analysis of Industries Electric Insulator Market,2021-2031(%)
Figure 39. Comparative Share Analysis of Others Electric Insulator Market,2021-2031(%)
Figure 40. Electric Insulator Market by Region,2021
Figure 41. U.S. Electric Insulator Market,2021-2031($Million)
Figure 42. Canada Electric Insulator Market,2021-2031($Million)
Figure 43. Mexico Electric Insulator Market,2021-2031($Million)
Figure 44. Germany Electric Insulator Market,2021-2031($Million)
Figure 45. France Electric Insulator Market,2021-2031($Million)
Figure 46. Uk Electric Insulator Market,2021-2031($Million)
Figure 47. Italy Electric Insulator Market,2021-2031($Million)
Figure 48. Spain Electric Insulator Market,2021-2031($Million)
Figure 49. Rest of Europe Electric Insulator Market,2021-2031($Million)
Figure 50. China Electric Insulator Market,2021-2031($Million)
Figure 51. Japan Electric Insulator Market,2021-2031($Million)
Figure 52. India Electric Insulator Market,2021-2031($Million)
Figure 53. South Korea Electric Insulator Market,2021-2031($Million)
Figure 54. Rest of Asia-Pacific Electric Insulator Market,2021-2031($Million)
Figure 55. Brazil Electric Insulator Market,2021-2031($Million)
Figure 56. Saudi Arabia Electric Insulator Market,2021-2031($Million)
Figure 57. South Africa Electric Insulator Market,2021-2031($Million)
Figure 58. Rest of LAMEA Electric Insulator Market,2021-2031($Million)
Figure 59. Top Winning Strategies, by Year
Figure 60. Top Winning Strategies, by Development
Figure 61. Top Winning Strategies, by Company
Figure 62. Product Mapping of Top 10 Players
Figure 63. Competitive Dashboard
Figure 64. Competitive Heatmap of Top 10 Key Players
Figure 65. ABB Ltd.: Net Sales ,($Million)
Figure 66. Siemens AG.: Net Sales ,($Million)
Figure 67. GE Grid Solutions.: Net Sales ,($Million)
Figure 68. Hubbell Power Systems.: Net Sales ,($Million)
Figure 69. Ngk Insulators, Ltd..: Net Sales ,($Million)
Figure 70. Aditya Birla Insulators.: Net Sales ,($Million)
Figure 71. Maclean-Fogg Company.: Net Sales ,($Million)
Figure 72. Elsewedy Electric.: Net Sales ,($Million)
Figure 73. Seves Group.: Net Sales ,($Million)
Figure 74. Bhel.: Net Sales ,($Million)
Figure 75. Te Connectivity.: Net Sales ,($Million)
Figure 76. Modern Insulators.: Net Sales ,($Million)
Figure 77. Almatis GmbH.: Net Sales ,($Million)
Figure 78. Hitachi Energy.: Net Sales ,($Million)
Figure 79. Olectra Greentech.: Net Sales ,($Million)
Figure 80. Zhengzhou Orient Power.: Net Sales ,($Million)
Figure 81. Incap.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Electric Insulator Market," the electric insulator market size was valued at $12.6 billion in 2021, and electric insulator industry is estimated to reach $20.8 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031.

An electrical insulator is used in an electrical system to prevent unwanted flow of current. The insulator plays a vital role in the electrical system. It is a very high resistive path through which practically no current can flow. They are made up of materials such as ceramic, composite, glass, and other materials that are used for improving the quality of power and correcting the power factor.

The world electricity demand is expected to grow at 1.85% rate of CAGR and a total of more than 60 million kilometers of transmission & distribution lines are need to be added, refurbished, or replaced to meet the increasing demand. In the power baseline scenario, the global power sector is expected to require about $16.4 trillion in investment during the next 30 years, with transmission & distribution infrastructure that representing the largest sub-sector share. The industrial inclination toward the advancement of existing electrical infrastructure is projected to have positive influence on the electric insulator market growth.

With rise in global population, there has been an increase in the demand for efficient and continuous supply of power to meet the growing commercial and industrial needs. Given their key applications in end use industries such as industrial power generation industries, electric insulators are expected to witness a steady flow of demand during the forecast period. Electricity demand, opportunities to realize efficiency gains, and the potential to lower carbon emissions are some of the key factors that drive the massive global investment in the transmission of electricity infrastructure and electric insulator.

It prevents the passing of high voltage in an electric circuit and helps to reduce the cost of energy. It helps to save the environment and emission of pollutants, which enhances the process performances in electronic system. It protects from getting electric shocks or electrocution. The presence of these advantages is expected to drive the demand in the market.

The electric insulator market forecast is segmented on the basis of type, material type, voltage, application, end use and region.

On the basis of type, the market is fragmented into shackle insulator, pin insulator, suspension insulator, and others. By material type the market is classified into ceramic, composite, glass, and others. On the basis of voltage, it is divided into low, medium, and high. On the basis of application, it is segmented into transformer, cables, switchgear, busbar, surge protection devices, and others. In addition, on the basis of end use, the market is categorized into utilities, industries, and others.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest electric insulator market share, followed by North America and Europe.

The major companies profiled in this report include ABB Ltd., Siemens Energy, GE Grid Solutions, Hubbell Power Systems, NGK Insulators, Ltd., Aditya Birla Insulators, MacLean-Fogg Company, Elsewedy Electric, Seves Group, BHEL, TE Connectivity, Modern Insulators, Almatis GmbH, Hitachi Energy, Olectra Greentech, Zhengzhou Orient Power, and INCAP. Owing to rapid industrialization, modernization, increase in the demand for portable electronic gadgets, and investment in the renewable energy have fueled the demand for electric Insulator.

Further growth strategies such as expansion of production capacities, acquisition, partnership and research & innovation in the power generation, transmission, and distribution have led to key developments in the global electric insulator market trends.

Key Findings of the Study

  • Asia-Pacific had dominant position in 2021 as per electric insulator market analysis and would continue to maintain the lead over the forecast period.
  • By type, pin insulator segment accounted for the largest share in 2021.
  • By material type, composite segment accounted for the largest share in 2021.
  • By voltage, medium segment is projected as most lucrative segment.
  • By application, transformer segment is projected to create abundant revenue opportunity till 2030.
  • By end use, utilities segment is projected to grow at a CAGR of 4.1% by 2030.

COVID-19 Analysis

  • COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments and infrastructure companies. The novel coronavirus has affected several economies ad caused lockdown in many countries which has limited the growth of the market. The shutdown of industrial manufacturer led to the decline in the demand for solar related equipment in most of the countries across the world led to decline in the demand of the electric Insulator market. The decrease in utilization of power in the industrial facilities across the globe during the outbreak has a negative impact on the development of the market.

Companies Mentioned

  • Abb Ltd
  • Siemens AG
  • Ge Grid Solutions
  • Hubbell Power Systems
  • Ngk Insulators, Ltd.
  • Aditya Birla Insulators
  • Maclean-Fogg Company
  • Elsewedy Electric
  • Seves Group
  • Bhel
  • Te Connectivity
  • Modern Insulators
  • Almatis GmbH
  • Hitachi Energy
  • Olectra Greentech
  • Zhengzhou Orient Power
  • Incap

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages467
PublishedAugust 2022
Forecast Period2021 - 2031
Estimated Market Value ( USD ) in 2021 $ 12.6 billion
Forecasted Market Value ( USD ) by 2031 $ 20.8 billion
Compound Annual Growth Rate5.1%
Regions CoveredGlobal
No. of Companies Mentioned17

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