The Europe electric insulator market size reached US$ 2,922.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,637.2 Million by 2032, exhibiting a growth rate (CAGR) of 5.11% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | US$ 2,922.2 Million |
Market Forecast in 2032 | US$ 4,637.2 Million |
Market Growth Rate (2024-2032) | 5.11% |
An electric insulator refers to a material that demonstrates poor electrical conductivity due to the lack of free-flowing electric charge. It has high resistivity and efficient concentrating flow of electric current when an electromotive force (EMF) is applied. Some commonly used electric insulators include ceramic, plastic, glass, silk, paper, composite materials, air and rubber. Electric insulators are widely used for coating wires, electricity distribution networks, and as dielectrics in capacitors.
The Europe electric insulator market is primarily driven by the introduction of advanced power technologies in the European transmission system to develop the infrastructure. For instance, Flexible Alternating Current Transmission System (FACTS) and High Voltage Direct Current (HVDC) transmission will increase transmission network capacity and improve the reliability of the networks with limited environmental impact. Additionally, as insulators offer protection against the hazardous effects of electricity, they are widely utilized in electricity transmission and distribution (T&D) networks as a safety device. Moreover, extensive investments are being made in the region for the refurbishment of aging grid infrastructure and establishing sustainable electrical systems for distributing electricity generated through renewable energy sources, which, in turn, is also catalyzing the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe electric insulator market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on material, voltage, category, installation, product, rating, application and end use industry.
Breakup by Material:
Breakup by Voltage:
Breakup by Category:
Breakup by Installation:
Breakup by Product:
Breakup by Rating:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Materials Covered | Ceramic/Porcelain, Glass, Composites, Others |
Voltages Covered | Low, Medium, High |
Categories Covered | Bushing, Other Insulators |
Installations Covered | Distribution Network, Transmission Line, Substation, Railway, Others |
Products Covered | Pin Insulator, Suspension Insulator, Shackle Insulator, Others |
Ratings Covered | <11 kV, 11 kV, 22 kV, 33 kV, 72.5 kV, 145 kV, Others |
Applications Covered | Transformer, Cable, Switchgear, Busbar, Surge Protection Device, Others |
End Use Industries Covered | Utilities, Industries, Others |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
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) |