United States Electric Insulator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

United States Electric Insulator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A3128
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Market Overview:

The United States electric insulator market size reached US$ 2,893.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 4,011.7 Million by 2027, exhibiting a growth rate (CAGR) of 5.5% 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 with high resistivity and low electrical conductivity used to stop the flow of electrical current. It is also used in electrical circuits, which lowers damage to properties and lives in case of mishaps. Ceramic, glass, wood, silk, paper, wood, rubber, and plastic are some of the most commonly used electric insulating material. They are useful for coating wires and distributing electric networks and act as dielectrics in capacitors.

The United States electric insulator market is primarily driven by the growing awareness and the increasing international pressure to lower greenhouse gas emissions, which have resulted in the shift toward the adoption of renewable energy sources. The rising investments to refurbish the aging grid infrastructure has prompted the country to upgrade the network, which is expected to create a positive outlook for the market. For instance, American Electric Power, a US retail energy provider, has invested approximately US$ 9 Billion between the 2017-2019 in-state transmission system to modernize the design standards for improving efficiency and strengthening grid infrastructure. Furthermore, the growth in electricity transmission and distribution (T&D) networks is also catalyzing the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

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

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Material, Voltage, Category, Installation, Product, Rating, Application, End Use Industry, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the United States 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 United States 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 United States electric insulator market and who are the key players?
  • What is the degree of competition in the industry?

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United States Electric Insulator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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