A glass insulator is a power transmission line insulator made of toughened or annealed glass. A glass insulator is most often manufactured by mixing lime powder and quartz powder, which is then tempered at high temperatures, and then cooled in the mold at a rapid rate. Glass insulators have a higher resistance to breaking than ceramics, and their compressive strength is higher as well.
MARKET SCOPE
The "Global Glass Insulators Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Glass Insulators Market with detailed market segmentation by product type, by application and by geography. The Glass Insulators Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Glass Insulators Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Glass Insulators Market has been segmented by product type and by application. The product type has been bifurcated into suspension glass insulators and pin glass insulators. By application the market has been bifurcated into distribution and railway application, HVDC applications and HVAC applications.
MARKET DYNAMICS
Growth Factors
- Increasing use of glass insulation in high end constructions
- Cost-effective and high dielectric and tensile strength compared to porcelain insulators
- Increasing use of toughened glass insulators in heating and cooling applications
- Investments from private and government sectors in smart grid projects
Restraints
- Increasing regulations of carbon dioxide emissions
- The market is been flooded with low quality products
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Glass Insulators Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Glass Insulators Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Glass Insulators Market in these regions.
Impact of Covid-19 on Glass Insulators Market
The outbreak of COVID-19 pandemic had a significant impact on the glass insulator market. A rise in the covid-19 cases lockdown and restrictions were imposed by the government which lead to a decline in the commercial and industrial activities which in-turn lead to a drop in the demand for electricity, which affected the glass insulator market. Rise in the HVAC demand in the residential sector during the crisis and post the crisis will help stabilize the market and result in its steady growth.
MARKET PLAYERS
The report covers vital developments in the Glass Insulators Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Glass Insulators Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Glass Insulators Market. Below mentioned is the list of a few companies engaged in the Glass Insulators Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Glass Insulators Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Seves Group
- MacLean Power Systems
- Global Insulators Group
- Incap Limited
- ZX Insulators
- Hubbell
- GAMMA Insulators
- JSC U.M.E.K
- Shandong Ruitai Glass Insulator
- Nanjing Electric