Market Overview:

The India electric insulator market size reached US$ 353 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 528 Million by 2027, exhibiting a growth rate (CAGR) of 6.91% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

An electric insulator is a material that exhibits low electrical conductivity as it does not consist of a free-flowing electric charge. It demonstrates high resistance when a source of electromotive force (EMF) is applied to it and can efficiently assist in concentrating the flow of electric current while averting the current from flowing in the wrong direction. Composite materials, air, rubber, plastic, wood, glass, silk, ceramic, and paper are some of the common insulating materials used for coating wires and as dielectrics in capacitors. In India, electric insulators are gaining traction as they provide protection against the hazardous effects of electricity and are widely used in electricity transmission and distribution (T&D) networks.

The India electric insulator market is primarily driven by rapid urbanization, which has increased the need for heating, ventilation, and air conditioning (HVAC) systems in the country. The growing industrial sector has further escalated the electricity consumption, providing a positive impact on the electric insulator market. Additionally, the emerging trend of privatization of the electricity distribution sector has also increased the power generation capacity, thereby expanding the transmission and distribution (T&D) infrastructure in the region. Since insulators form an essential component of these networks, their expansion is creating a positive outlook for the market. Furthermore, the government is investing heavily in refurbishing the aging grid technology and establishing smart grid vision and green energy corridors to develop a sustainable and efficient electrical network that reaches every state.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India electric insulator market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on material, voltage, category, installation, product, rating, application and end use industry.

Breakup by Material:

• Ceramic/Porcelain
• Glass
• Composites
• Others
   

Breakup by Voltage:

• Low
• Medium
• High
   

Breakup by Category:

• Bushings
• Other Insulators
   

Breakup by Installation:

• Distribution Networks
• Transmission Lines
• Substations
• Railways
• Others
   

Breakup by Product:

• Pin Insulator
• Suspension Insulator
• Shackle Insulator
• Others
   

Breakup by Rating:

• <11 kV
• 11 kV
• 22 kV
• 33 kV
• 72.5 kV
• 145 kV
• Others
   

Breakup by Application:

• Transformer
• Cable
• Switchgear
• Busbar
• Surge Protection Device
• Others
   

Breakup by End Use Industry:

• Utilities
• Industries
• Others
   

Breakup by Region:

• North India
• West and Central India
• South India
• East India
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the India electric insulator market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the India electric insulator market?
• What are the key regional markets?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the voltage?
• What is the breakup of the market based on the category?
• What is the breakup of the market based on the installation?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the rating?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the India electric insulator market and who are the key players?
• What is the degree of competition in the industry?