Top 13 Electric Insulator Companies in the World

The global electric insulator market size reached US$ 6.4 Billion in 2023. As per the analysis by IMARC Group, the top companies in the electric insulator industry are focusing on developing innovative products, such as composite and hybrid insulators, that are lightweight, resilient, explosion-proof, and can withstand harsh environmental conditions. Furthermore, key players are launching self-cleaning insulators that are coated with a hydrophobic material to repel dust and water, which reduces maintenance, improves service life, and increases overall efficiency, is positively influencing the market growth. Apart from this, several manufacturers are focusing on developing advanced products for renewable energy applications, such as wind turbines, solar panels, geothermal energy, and hydroelectric power plants to protect generators, power converters, junction boxes, and heat exchangers, which is favoring the market growth. Along with this, companies are primarily engaged in marketing their products for applications in power generation, transmission, and distribution networks to insulate and protect overhead power lines, transformers, switchgears, electrical connectors, capacitors, and circuit breakers, which is further boosting the market growth. Additionally, manufacturers are focusing on the utilization of three-dimensional (3D) printing to produce electric insulators, which improves efficiency, increases production rate, saves time, and reduces wastage, which is supporting market growth. Moreover, the integration of nanotechnology to design products with improved mechanical and electrical properties, higher strength, and better insulation is propelling the market growth. Besides this, aggressive promotional and marketing activities by manufacturers through social media and television (TV) commercials are providing a thrust to the market growth. Other factors, including rising electricity consumption, rapid modernization of aging grid infrastructure, increasing investment in the development of advanced products, and growing consumer awareness regarding electrical equipment safety, are anticipated to drive the market growth. Looking forward, IMARC Group expects the market value to reach US$ 14.5 Billion by 2032, exhibiting a growth rate (CAGR) of 9.17% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Electric Insulator market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Electric Insulator Industry:

The global electric insulator market has several major players including ABB, NGK Insulators Ltd, Aditya Birla Insulators, Siemens AG, General Electric, Hubbell Incorporated, Bharat Heavy Electricals Limited, Toshiba, Krempel, MacLean-Fogg, PFISTERER, Seves Group, WT Henley, etc. More information about these companies has been provided below. 

1. ABB

ABB is a technology company specializing in robotics, smart electrification, machine automation, and digital services. Its product lineup includes electric vehicle (EV) systems, solar inverters, electric insulators, wiring accessories, switchgear, enclosures, cabling, and sensing and control equipment. The company is actively developing advanced systems and incorporating new technologies to improve the efficiency of its products, digitalize manufacturing processes, and increase energy efficiency. It is also collaborating with various partners from the automotive, power generation, railways, and renewable energy industries to expand its product portfolio and strengthen its market reach.

2. NGK Insulators Ltd

NGK Insulators Ltd is a multinational manufacturer of advanced ceramic components and related products. Its portfolio is comprised of electronic equipment, automotive parts, water filters, medical devices, and power storage systems. The company is also engaged in research and development (R&D) activities to keep its product lineup relevant for future needs and meet rising consumer demands. Furthermore, it is collaborating with leading industrial partners to expand its global footprint and increase sales.

3. Aditya Birla Insulators

Aditya Birla Insulators is a multinational company (MNC) that designs and develops high-performance insulators using polymers, composites, glass, and porcelain. Its products are extensively used in transmission and distribution lines, substations, power equipment, and railway electrification. The company is also focused on incorporating sustainable practices in its operations to reduce energy consumption, promote eco-friendly manufacturing, and attract environmentally conscious customers from various industries. Furthermore, Aditya Birla Insulators is engaged in several joint ventures (JVs) to expand its distribution channel and enter emerging markets.

4. Siemens AG

Siemens AG is a global engineering company that develops electrification, automation, and digitalization solutions. It operates in various industries, including automotive, healthcare, power generation, transportation, and manufacturing. In addition to this, the company is investing in innovative technologies, such as the Internet of Things (IoT), smart infrastructure, digital twin, and cyber security, to improve its product quality, increase production rate, and improve profits. It has also partnered with several organizations and institutions to expand its business into emerging markets and strengthen its global network.

5. General Electric

General Electric is a multinational corporation operating in aviation, healthcare, power, renewable energy, and financial services. It produces a wide range of products, such as gas and steam turbine engines, diagnostic equipment, medical imaging systems, electric components, locomotives, generators, transformers, and marine propulsion systems. The company has formed strategic partnerships with leading market players to develop custom products and expand its global network. Moreover, it is investing in futuristic technologies to gain advantages over its competitors and acquire new customers.

6. Hubbell Incorporated

Hubbell Incorporated is an American technology company that deals in electrical and electronic hardware for residential, commercial, and industrial applications. It produces a wide range of products, such as wiring cables, connectors, cords, wall boxes, insulators, lighting, and control systems. The company also provides custom design and engineering services to its clients to meet their specific requirements. Furthermore, Hubbell Incorporated is committed to innovations and has developed several patented technologies to stay competitive in the market and expand its global presence.

7. Bharat Heavy Electricals Limited

Bharat Heavy Electricals Limited is an engineering and manufacturing company with core expertise in the energy and infrastructure sectors. It offers a diverse range of products and services to customers in the power, automotive, defense, aerospace, oil and gas, and transportation industries. The company is also investing in state-of-the-art technologies to provide high-end solutions to its clients, expand its global presence, and attract new customers. Furthermore, Bharat Heavy Electricals Limited is engaged in multiple joint ventures (JVs) and strategic collaborations to diversify its portfolio and enter into emerging markets.

8. Toshiba

Toshiba is a Japanese multinational conglomerate that manufactures computers and electronic devices for consumers and industries. It also produces home appliances, storage devices, motors, and energy systems. The company is also engaged in various research and development (R&D) activities to create cost-effective, reliable, and highly efficient systems to meet consumer demand and increase sales. Furthermore, Toshiba Corporation has formed several partnerships over the year to stay competitive in the market and expand its product portfolio.

9. Krempel

Krempel is a global manufacturer of laminates, composites, and insulation materials for the electrical and electronics industries. Some of its flagship products include composite tubes, ripple springs, phase change materials, ball-bearing cages, busbar insulation, and thermal interface materials. The company also provides customized solutions for specific customer requirements, including materials design and production. Furthermore, Krempel is focused on developing new materials for its partners in electronics, automotive, and other industries.

10. MacLean-Fogg

MacLean-Fogg is an American business group engaged in multiple core areas, such as plastic, additive, fastener, and engineered solutions. Its products are extensively used in the automotive, transportation, defense, and aerospace industries. The company also provides several value-added services to its clients, including assembly, kitting, packaging, testing, validation, and after-sales maintenance. Furthermore, it has developed various patented technologies and products for its customers in the automotive and aerospace industry. MacLean-Fogg is also incorporating advanced technologies in its manufacturing process to boost its production rate, improve efficiency, and enhance product quality.

11. PFISTERER

PFISTERER is a multinational company (MNC) specializing in developing, producing, and distributing solutions and services for energy infrastructure. It manufactures cable accessories, insulators, connectors, spacer dampers, tension clamps, switchgear, and overhead line fittings. The company also provides a wide range of engineering and consulting services to support its clients in designing, installing, and maintaining their electrical systems. Furthermore, PFISTERER is developing new-generation devices and intelligent solutions to improve the efficiency and performance of the energy industry.

12. Seves Group

Seves Group is an international conglomerate that produces glass and porcelain insulators for power transmission and distribution applications. It was acquired by Triton, a private equity firm that specializes in acquiring mid-market companies. Seves group is known for manufacturing high-quality and reliable products that offer long service life and can withstand extreme operating conditions. Moreover, it has formed multiple partnerships with leading companies in the energy industry to develop high-performance products for specialized applications.

13. WT Henley

WT Henley is a British company that designs and manufactures a wide range of electrical equipment for application across electricity distribution and supply networks. Its portfolio comprises cable joints, resin compounds, insulators, fuse gear, and subsea cable accessories. The company is committed to expanding its business to emerging markets. As a result, it has formed several strategic partnerships with leading market players to strengthen its global network and increase its product offerings. Furthermore, it is developing innovative products to attract new customers, such as flame-retardant boxes, which can improve safety and prevent hazardous events.

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