The global electric insulators market is poised to grow at a significant rate during the forecast period owing to increasing investments in transmission & distribution networks and growing adoption of renewable energy sources around the world. Growing investment towards refurbishment of aging grid infrastructure is also supporting the demand for electric insulators. Moreover, high investments in smart grid projects for long-distance transmission would further drive the growth of electric insulators market across the globe by 2027. Major companies operating in the global electric insulators market include Siemens AG, NGK Insulators Ltd, ABB Ltd., Aditya Birla Nuvo Ltd, General Electric Company, Bharat Heavy Electricals Limited, Lapp Insulators GmbH, Hubbell Inc., TE Connectivity and Toshiba Corporation, among others. Leading companies are investing in latest technology to launch innovative products in order to meet the rising power demand around the world. Companies are also undergoing partnerships and agreements to increase their global reach. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3468 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-electric-insulators-market/3468.html

The global electric insulators market is poised to grow at a significant rate during the forecast period owing to increasing investments in transmission & distribution networks and growing adoption of renewable energy sources around the world. Growing investment towards refurbishment of aging grid infrastructure is also supporting the demand for electric insulators. Moreover, high investments in smart grid projects for long-distance transmission would further drive the growth of electric insulators market across the globe by 2027. Global electric insulators market can be segmented based on type, voltage, category, product, application, end user and region. Based on type, the market is segmented into ceramic insulator, composite insulator and glass insulator. The ceramic insulator segment dominated the global market in 2021 and is expected to undergo high growth during the forecast years as well. They have a higher dielectric constant and therefore they find wide application in high voltage insulating systems. The growing energy consumption and rising demand for renewable energy are anticipated to support the demand for ceramic electric insulators in the coming years. Based on region, Asia Pacific is expected to dominate the global electric insulators market by 2027 owing to the rapid industrialization and rising demand for uninterrupted power supply. Countries like China, India and Japan are undergoing rapid expansion of transmission and distribution (T&D) infrastructure which is supporting the growth of electric insulators market. Major companies operating in the global electric insulators market include Siemens AG, NGK Insulators Ltd, ABB Ltd., Aditya Birla Nuvo Ltd, General Electric Company, Bharat Heavy Electricals Limited, Lapp Insulators GmbH, Hubbell Inc., TE Connectivity and Toshiba Corporation, among others. Leading companies are investing in latest technology to launch innovative products in order to meet the rising power demand around the world. Companies are also undergoing partnerships and agreements to increase their global reach. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3468 For More Information Visit: https://www.techsciresearch.com/report/global-electric-insulators-market/3468.html