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Europe 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 4.7% in the forecast period of 2021 to 2028 and is expected to reach USD 193,607.88 million by 2028. Technological advancements in the delivery of effective healthcare services are boosting the market.
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
Europe 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 due to the rise in the application of triple and quadruple circuit lines, increased industrialization, and urbanization.
  • On the basis of shed material type, the hollow core insulator market is segmented into high-temperature vulcanizing (HTV) silicon rubber and liquid silicon rubber. In 2021, high temperature vulcanizing (HTV) silicon rubber is expected to hold the highest segment due to its better performance and low cost.
  • 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, plain shed is expected to dominate the segment due to higher durability and applications.
  • On the basis of product type, the hollow core insulator market is segmented into ceramic and composite. In 2021, ceramic insulator is expected to dominate the segment as they are generally used as it caters higher existing applications in various industries because it is oldest type of material used for insulators.
  • On the basis of application, the hollow core insulator market is segmented into a circuit breaker, instrument transformer, bushing, cable termination, surge arrester, station post, and switching gear. In 2021, the instrument transformer is expected to hold the highest segment as it requires higher safety measurements for insulation. 
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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