Hollow Core Composite Insulators Market likely to reach US$ 443.9 million in 2025, as estimated by S

Hollow Core Composite Insulators Market likely to reach US$ 443.9 million in 2025, as estimated by Stratview Research

Stratview Research in its recent report has offered an overlook of the current Hollow Core Composite Insulators Market scenarios and has also estimated the market size to reach US$ 443.9 million in 2025. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.

Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

Click here for a Free Sample of the report (additional insights inside):

https://www.stratviewresearch.com/Request-Sample/813/hollow-core-composite-insulators-market.html

In recent years, the market has witnessed a gradual market consolidation as the major players are acquiring other medium- to small-sized players to enhance their product portfolio and to expand their geographical reach.

Some of the foremost mergers & acquisitions that took place in the market include

• the acquisition of Lapp Insulators by Pfisterer SEFAG in 2015
• the acquisition of MacLean Power System France by Mascheinfabrick Reinhausen in 2017
• More recently in 2019, Mascheinfabrick Reinhausen formed a JV with Aditya Birla Insulators, creating Aditya Birla Power Composites Limited, for the manufacture and sale of composite hollow core insulators.

Click here for description of the report:

https://www.stratviewresearch.com/813/hollow-core-composite-insulators-market.html

The market is segmented based on the application type as cable termination, instrument transformer, circuit breaker, surge arrester, bushing, and others. Circuit Breaker is expected to remain the largest segment of the market during the forecast period; however, surge arrester is likely to grow at the highest rate during the same period.

Based on the shed material type, the market is segmented into HTV, LSR, and others. HTV is likely to remain the largest shed material segment of the market during the forecast period. HTV insulators are generally cost-effective and are widely used in the Asian market, especially in the Chinese market. On the contrary, LSR sheds are preferably used in the European market and dominate the region.

Hollow core composite insulators are used in various applications with a wide range of voltage ratings. The market is segmented based on voltage type into less than 300kV, 300kV-600kV, and more than 600kV. The rating has been designed to meet the application and specific requirements. More than 600kV is likely to grow at the highest rate in the market during the forecast period, owing to the growing interest towards EHV and UHV apparatus with voltage ratings of 720 kV, 800 kV, etc.

In terms of region, Asia-Pacific is projected to remain the largest market for hollow core composite insulators during the forecast period. China is the growth engine of the region’s market and has been very active from the past few years in using hollow core composite insulators. The attractiveness of the Chinese market has led to the expansion of the manufacturing footprint in the country by leading players, such as TE Connectivity. Europe is also likely to offer sizeable market opportunities in the market. Various leading players, such as Reinhausen Power Composites, TE Connectivity, and ABB Ltd., have manufacturing bases for hollow core composite insulators in Europe.

Highlights of the Report:

The hollow core composite insulators market is estimated to grow at an excellent rate over the next five years to reach an estimated value of US$ 443.9 million in 2025.

Insulators are electrical equipment that support and separate electrical conductors without enabling current to pass through them. Hollow core composite insulators are proven to be a direct replacement for porcelain and glass insulators, especially in high-voltage applications, owing to properties such as lightweight and superior pollution and insulation performance. They are highly resistant to vandalism and have better hydrophobic performance. These insulators have three major components: FRP rod, sheds, and flanges. FRP rods are generally manufactured from glass fibers impregnated with epoxy resins and enclosed by silicone rubber sheds along with corners covered with aluminum flanges.

The supply chain of this market comprises raw material suppliers, hollow core composite insulator manufacturers, distributors, electrical apparatus OEMs, and end-users. The key players in the hollow core composite insulators market are ABB Ltd., Shemar Electric Co. Ltd., Mascheinfabrick Reinhausen, Pfisterer SEFAG, and TE Connectivity. The formation of long-term contracts, the development of highly efficient and lightweight insulators, and strategic alliances are the key strategies adopted by major players to gain a competitive edge in the market.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Hollow Core Composite Insulators Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis

• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about us and our reports:

Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. Website: https://www.stratviewresearch.com/