An international Asia-Pacific Hollow Core Insulator market research report delivers widespread analysis of the market structure along with the estimations of the various segments and sub-segments of the market. This industry report also contains detailed profiles of market’s major manufacturers and importers who are dominating the market. Furthermore, the statistical and numerical data such as facts and figures are represented very precisely in the market report by using charts, tables, or graphs. The transformation in market landscape is mainly observed due to the moves of key players or brands which include developments, product launches, joint ventures, mergers, and acquisitions that in turn change the view of the global face of the industry.
Asia-Pacific hollow core insulator market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2021 to 2028 and is expected to reach USD 537,612.70 million by 2028. Technological advancements in the delivery of effective healthcare services are boosting the market.
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Market Overview:
An insulator is a material used to keep sound or heat contained or something that does not conduct electricity. Hollow-core insulators are insulating substances for various high voltage applications and electrical power transmission lines. Hollow-core insulators, alternatives for glass and porcelain insulators, provide high quality, reliable and strong performance in high voltages up to 1100 kV AC and 1100 kV DC. Compared to glass and porcelain insulators, hollow core insulators offer other significant benefits due to their lighter weight, better contamination performance, seismic resistance, and increased protection while in a catastrophic failure. Hollow-core insulators offer dimensional consistency, which permits for enhancements in dielectric optimization and higher overall performance of diverse seal systems. The demand for hollow core insulators has increased in the wake of protecting transformers and power transmission lines due to the hydrophobicity of its sheds which therefore provide improved performance under challenging environmental and polluted conditions.
Hollow Core Insulator Market Scope and Market Size
Asia-Pacific hollow core insulator market is segmented into five notable segments which are based on the voltage rating, shed material type, shed design, product type, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of voltage rating, the hollow core insulator market is segmented into below 300 kV, 300-600kV, and above 600kV. In 2021, below 300 kV is expected to hold the highest segment as these types of hollow core insulators are mostly used in residential applications and across various industries such as chemical plants, food & beverage, and other industries.
- On the basis of shed material type, the hollow core insulator market is segmented into high-temperature vulcanizing (HTV) silicone rubber and liquid silicon rubber. In 2021, high temperature vulcanizing (HTV) silicone rubber is expected to hold the highest segment due to its superior aging performance, higher erosion performance, UV, and flame resistance.
- On the basis of shed design, the hollow core insulator market is segmented into single rib shed, double rib shed, plain shed, alternating shed, and super deep rib shed. In 2021, the plain shed is expected to hold the highest segment because of its excellent cleaning properties and simplicity.
- On the basis of product type, the hollow core insulator market is segmented into ceramic and composite. In 2021, the ceramic insulator is expected to hold the highest segment as they are generally used due to their properties like lightweight and higher mechanical strength-to-weight ratio.
Some of the major players operating in the global hollow core insulator market are PPC Austria Holding GmbH, CTC INSULATOR, Modern Insulators Ltd., PFISTERER Holding AG, Jiangsu Shenma Electric Power Co., Ltd, Maschinenfabrik Reinhausen GmbH, SAVER S.p.A, Nanjing Electric(Group)Co., Ltd., NGK INSULATORS, LTD, ZPE ZAPEL S.A, Zhengzhou Orient Power Co., Ltd, SANDIAN ELECTRIC, Aditya Birla Insulators., MacLean-Fogg, Global Insulator Group LLC, Royalinsulator, Hitachi ABB Power Grids, Fujian Ruisen New Materials Co., Ltd., Dalian Hivolt Power System Co., Ltd., Newell & Hindustan Urban Infrastructure Ltd among others.
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